by Predictem.com Staff
Betting NFL moneylines is an alternative to doing so using a point spread. The "moneyline" elimiates the spread and turns it into a bet that uses odds. This means that all you have to do is win or lose the game by one point as the spread has been eliminated.
There are of course good times and bad times to apply this type of wagering to an NFL game. While it may look easy to take a game with a team favored by -7, get rid of the spread, lay -330 to win $100 in a bet that "can't lose," these games can and do lose and you will be smarting after a -3.3 unit hit. This essentially means that you now have to win 3.3 games in a row just to break even!
On the flip side, short underdogs (underdogs of 2.5 points or less) are GREAT bets to consider for a moneyline play. Not only do you not lay vig on a moneyline underdog, you get paid more than you bet which means you can hit less than 50% of these bets and still turn a profit, which is the ideal situation for any sharp sports bettor.
In case your confused, we'll post an example of a moneyline play below:
Minnesota Vikings +250
Indianapolis Colts -330
If you take Minnesota, you are basically saying that they don't need the point spread to win this game and have your bet cash. Since your not taking the spread and your bet is against the odds, the bookie is willing to give you +250 which is a huge return on your risked amount. In case you don't know how to read sports odds, +250 is the same thing as saying "risking $100 to profit $250." You of course get your risked $100 back as well.
If you take the Colts in the above listed matchup, your laying -330 which is a steep price, however you now don't have to worry about the spread. All you need to do is win by one point. In case you don't know how to read sports betting odds, anytime a line has a (-) in front of it, that denotes the favorite and the number following the "-" is the amount you'll have to lay to win $100. In this case, you'd have to RISK $330 to win $100. You can of course bet in small amounts such as $33 to win $10 as well. What it's saying is that for every 3.30 you risk, their willing to give you a $1 profit should the bet win.
For all you finance majors out there who are satisfied with putting your money in a CD or money market account at 5% over the course of a year, don't get all too excited when you see a solid wagering opportunity that can pay 5-25% in one day by playing a moneyline. These are not "surebets." In fact, when it comes to sports gambling, NOTHING is a sure thing. We've seen enormous favorites lose straight up and bad. All sports betting should be done in moderation.
For more information relative to betting in moderation and what your true bet amounts should be, check out this great article on Money Management in Sports Betting.
Editor's Picks - Each week our in house pro's tackle the week's card and make predictions on the week's games ATS! Best bets, top plays, premium selections, etc. FREE!
Expert NFL Picks - Free premium plays from the "real" expert football handicappers from around the web. Don't fall for second rate picks from ESPN, the NFL Network, Hank Goldberg or the screaming touts on TV.
Underdog of the Week Pick - We forecast the loudest barking dog of the week. Expect a 60% winning percentage with these plays.
Favorite of the Week Play - We examine "the chalk" and determine the safest bet in which who you should lay the points with. Forecasting winning favorites long term isn't easy, but we've had some pretty good luck with it over the years.
Line Movement Plays - We report all the major line moves from the gridiron and forecast whether it's public money or sharp action causing the move. Who will cover the spread this week? Our line move plays!
NFL Consensus Picks - See what the general public is betting on. We use this info to fade the public to the tune of big profits over the course of the season.
Bookies Picks - Each week, we'll post which side the bookies are on. Please note: These are not OUR picks. We're simply reporting the teams the bookies need to cover the spread in order for them to win. Games receiving equal action on both sides will not be factored into these records.
Office Pool Picks - (Coming in 2015!) You asked for it and you got it! Each week, we'll post our predictions to win each game straight up so that you can RULE your office pool!
NFL Trends - Don't ever let anybody tell you that the trend is your friend. These picks make great fades which is exactly what we do with them.
NFL Computer Picks - We enter the statistics into the database and the computer crunches the numbers and gives final score predictions. These should be used for entertainment only!
Monday Night Football Picks - The ultimate bailout play. Our MNF picks are golden and have hit 62% or better 3 out of the past 4 years. (Last season was a disaster!) Did we mention that their FREE?
2014 NFL Predictions - Badger makes projections on each team's record and whether or not they'll go over or under their posted season win totals at the sportsbooks.
Super Bowl Picks - Everybody here in the Predictem office takes their best preseason shot at predicting the winner Superbowl 49. Pride is on the line here! Oh, and LOOT too!
5Dimes - Bet your NFL football picks at -105 odds every day of the week! 15 team parlays! 20 point teasers! Pleasers and huge point buying opportunities as well!
Bovada - Tired of deposit hassles? Bet on football using your credit card at a sportsbook where your Visa CAN and WILL work for deposits! Offers a 50% sign-up bonus up to $250 FREE!
Sportsbook - Deposit $100, make a $100 bet and get a $100 bet FREE! Your credit card WILL work here!
GTBets - You get to select 2 NFL teams and get a FREE half point every time you bet them! Offers a generous 100% bonus on deposits of $100 to $500! One of the best at accepting credit cards for deposits!
Super Bowl Betting - We explain all the different types of wagers you can making including point spread bets, totals, moneylines and prop bets. No need to go to Vegas! You can bet the big game online!
Weekly Fantasy Football - If you drafted a crappy team or the injury bug has bit you and wrecked your season, we've got something really cool to turn you on to that will change the way you play fantasy sports forever!
Famous Football Quotes - From the inspirational to the greatest touchdown calls of all time. We've got them!
Pro Football Hall of Fame - A full list of NFL players who have been inducted into the NFL HOF.
The Spread - Offers free NFL football predictions, matchups, stats including both offensive and defensive and more!
Fantasy Football Sites - Get recommendations on where to find weekly updated player news, depth charts and legit websites that offer the best stat and record tracking for your fantasy football league.