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How to place a money line wager
Straight moneyline wagering is available with just about every type of sporting event, and even prefered in some. It is very straight forward and simple since the only requirement for victory is that yu have the winning team when it's all said and done. Making a money line wager at a sportsbook is an easy process and ticket writers are more than willing to assist you. For the
convenience of both the house and player, the best way to make a wager is to use the
numbers assigned to each team by the official Nevada Sports Schedule. For the purposes
of this discussion and for a point of reference, let's assume you wish to place a wager on the
following hockey game, using the moneyline appearing on the tote board as followed;
200 Edmonton
201 Detroit -240
Difficulty Level: Easy Time
Required: 2 minutes
Here's How:
The team's assigned number is the number to the left of each team. In our above
example, Edmonton is #200 and Detroit is #201.
This game will be referred to as game "200/201" with Edmonton being team #200 and
the Detroit being team #201.
The number to the right of the team is the odds/money for that team, with the
number always being listed beside the favorite. In our above example, the Red Wings are the favorite, and a player wishing to wager the Wings must risk $2.40 for every $1.00 they wish to win.
In this example, a player betting Edmonton would recieve $2.00 back for every $1.00 wagered.
The home team is always listed on the bottom unless a neutral site is noted. In our
above example, Detroit is the home team.
If a player decides to bet on Detroit they would go to the window and declare "I
would like $24 to win $10 on team #201, Detroit for the win".
If a player decides to bet on Edmonton they would go to the window and declare "I
would like $10 to win $20 on team #200, Edmonton for the win".
If Detroit wins, all those who bet on the Red Wings would win $10.00 for every
$24.00 they bet, thus collecting $34.00 for every $24.00 wagered.
If Edmonton wins, all those who bet on Edmonton
would win $20.00 for every $10.00 they bet, thus collecting $30.00 for every $10.00
wagered.
If the game ends in a tie, the game is a "push" and all bets are refunded.
The moneyline is standad for all sports in principle, although the "comeback" will ary from sport to sport and line to line. For exapmle, a fotball moneyline may read
Baltimore +300
Denver -400
Note the difference between the favorite and underdog of a full dollar.
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