For those outside of Las Vegas, we've also included MLB betting lines from online sportsbooks such as FanDuel, DraftKings, and BetMGM. In these instances, you'll have to do some quick math to see which form of oddsmaking promises a greater payout, if any. A NFL money line wager means you’re simply picking a side. How to read NFL Las Vegas Money Line Odds. The 2020 MLB season has been released with a shortened 60 game schedule beginning on July 23rd. For example, the points spread might say -6, which means the home team must win by at least 7 points. And when you are betting the money line, you will either select the favorite or the underdog to win outright, and you needn’t worry about margin of victory. But if you bet $100 on the Cubs, you'd collect $120 if they win (plus the original wager). For example, in a boxing match, it would not be unusual to see odds such as these:In this instance, those betting on Joe Louis are being asked to risk $700 to win $100, while Ray Leonard backers are risking $100 to win $550.Using the Louis-Leonard fight as an example, the bookmaker knows more money is going to be wagered on Louis than Leonard because Leonard's chances of winning are much greater. Next, check the over-under score prediction, which is in a column to the left of the points spread. In the example above, a $100 winning wager on the Rays would return a $210 total, which includes a $110 win and your original $100 stake. Allen Moody is a journalist with more than 35 years of experience in the sports-gambling arena.Add Excitement to the Super Bowl by Creating a Box Pool This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness. They take a little bit longer than other sportsbooks to roll out but they are usually right on the money and offer better payouts than their competitors. View upcoming events, reserve a table If you’re betting Major League Baseball money line wagers, you will either be cheering for the favorite or the underdog to pick up the victory, as long as the game officially goes past the midway point (through the top of the fifth inning). BETMGM SportsBook, a great spot in Las Vegas, grab a beer and a burger, in Park MGM. Plus, Bovada has a new 50% match bonus good for up to $250 in free play when making your first deposit. While there are margins of victory in some of these, they are so small that it would be impossible to create a point spread for every game.The difference between moneyline odds increases as the likelihood of the favorite winning increases. The moneyline will work just as easily with a $5 or $10 wager as it does with $100.Besides baseball and hockey, moneylines are used for betting on other sports where a point spread becomes irrelevant, such as auto racing, boxing, soccer, and tennis. Fixed-odds betting is a form of wagering against odds offered by a bookmaker or an individual or on a bet exchange. This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness. Business company LAS VEGAS MONEY LINE, LLC is a legal entity registered under the law of State Nevada. We know ads can be annoying, but they’re what allow us to make all of wikiHow available for free. Betting on the Vegas odds can help avid sports goers feel more invested in a game and its results. This is not a betting site. Vegas lines are courtesy of Vegasinsider.com. In the example above, McGregor is the favorite and the betting works like this: Picture $100 sitting in the middle of those two numbers. This allows you to bet on whether you think more or less points will be scored. This MLB Vegas Odds page will be updated daily with money line betting odds on each game, including baseball odds from Las Vegas sportsbooks such as Westgate Superbook, Circa Sports, William Hill, and MGM. To read Vegas odds, start by finding the points spread listed for the game you want to place your bet on. Find out how to read lines , visit our FAQ page , or if you’re interested in mobile wagering, visit our online sports betting section to find out where you can get the best available bonuses, promotions and free money. If bettors collectively wager $14,000 on Louis, the bookmaker must also receive $2,000 in wagers on Leonard to cover his payouts.Moneyline betting is generally offered on all sporting events, even those that also use the point spread, such as football and basketball. Please help us continue to provide you with our trusted how-to guides and videos for free by whitelisting wikiHow on your ad blocker. Once you know the terminology and basic strategy of Vegas odds, however, you'll be able to bet with confidence. Looking at this from a money-line standpoint, Cleveland is a -245 favorite to win the game straight-up, compared to Tennessee at +210 to win the contest. That makes it fair for the sportsbook. How to read Baseball Las Vegas Money Line Odds. In this example, the Cleveland Browns were listed as a 5.5-point favorite against the Tennessee Titans. Gambling Problem? Today's Vegas line is constantly updated throughout the day. 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