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In the world of sports betting, a money line bet is simply betting on which team you expect to win. It doesn’t have anything to do with a spread. You may also see a money line bet listed as “Money Line” or “ML” in different spaces.

Money lines are represented in negative and positive values.

Super Bowl betting: Early action siding with Chiefs over Bucs, including 3 massive bets. One was a $180,000 moneyline bet on the Chiefs at -180 that would pay out $100,000. The other two were. During the third episode of Showtime’s four-part sports betting documentary series Action, VSiN’s Gill Alexander tells the camera, “Gamblers are not rational. Gamblers are f—in’ crazy in the head.” Depending on a viewer’s perspective, those two sentences can either sum up what they love or what they hate about gambling.

Negative money line: -145, -220, or anything similar

When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game.

That number also indicates how much money you need to bet/spend in order to win $100.

For example, a -220 money line means you need to bet $220 in order to win $100 provided the team you bet on actually does win.

Heavy favorites are known in sports betting as a “chalk” pick. A heavy favorite usually has a number pushing +300 or more. Here, you’re wagering a lot on the favorite to win a little. Don’t assume that a heavy favorite, or chalk pick, is a guaranteed winner…

Positive money line: +145, +220, or anything similar

When you see a plus (+) sign in front of a price, it shows you that team is the underdog. Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers.

The number also indicates how much money would win in comparison to every $100 you wager.

For example, a +150 money line means you would win $150 for each $100 wager you place should that team win the game.

Money line examples:

Lets use an NFL example here:

New England Patriots -240

Miami Dolphins +220

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To bet the New England Patriots to win on the money line, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. Your return would be $340 – the original $240 stake (bet) and the $100 bet profit.

To bet the Miami Dolphins to win on the money line, you would spend $100 on the bet for a chance to win $220 if the Dolphins, as the underdog, beat the Patriots. Your return would be $320 – the original $100 stake (bet) and the $220 profit.

In both situations, it doesn’t matter if the team you bet on wins by one point or 100 points. You’re purely betting on the team you believe will win the game. As Al Davis said, “Just win, baby.” That’s exactly what you’d be looking for out of your selection. It doesn’t have to be pretty, it just has to happen or your original stake is lost.

SAN JOSE, Costa Rica,Dec. 7, 2020 /PRNewswire/-Leading price per head sportsbook software companyPayPerHead.com recently announced that the coronavirus pandemic hadno adverse effects on the amount of revenue their agents haveacquired since the start of the 2020 NFL Season. In doing so, thesoftware company echoed statements from other sportsbookorganizations.

In hindsight, sportsbooks should have expected muted effectsfrom the coronavirus pandemic. Before the NFL season began, theAmerican Gaming Association released a national survey of expectedsports betting activity for the 2020 National Football Leagueseason.

The survey showed that an estimated 33.2 million adults livingin the U.S., that's 13% of the population, planned to wager on NFLgames. 20% of those surveyed, around 6.6 million, said they werewagering in brick and mortar, physical sportsbooks.

8.6 million adults, 26%, said they'd make what the industrycalls casual bets, wagers in pools, in fantasy contests, or bypurchasing squares. Another 50% said they'd bet with friends,family members, or coworkers.

In 2019, 18% said they'd wager in a physical sportsbook. Amongthe three categories, brick and mortar establishments are the onlyones that saw their expected football sports betting activity rise. Expectations for casual bets, fantasy contests, pools, andsquares, was down from 31% in 2019. Last year, 53% said they'dwager with friends, family, or coworkers.

The category where expectations rose the most was NFL bets ononline platforms. 34% said they'd make a bet through an onlinesports betting platform. That was up 5% from 2019. So far, thenumbers have proven correct.

If anything, the pandemic has caused NFL wagering handle onsites like those that Payperhead.com agents run to increase. Thecompany stated that the rise in betting across all sectors, sports,live dealers, digital casinos, and racebooks saw a bump thisyear.

Nate Johnson, PayPerHead'sProduct Manager, said about the NFL bolstered betting action. 'Oncethe National Football League said they'd start their season ontime, our agents saw an influx of future bets on things like leagueMVP and the Super Bowl.'

Now over ten weeks into the season, agents have witnessed nodrop-off in football betting action. 'People are at home all thetime. Although Netflix, Hulu, Disney+, etc., have a lot of content,there's only so much sports bettors can take. As long as the NFLplays games and as long as those games are on television, playerswill bet on pro football, which means our agents will profit.'

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About PayPerHead:

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Founded in 1997, PayPerHead is the leading choice forserious bookies. The company's Agent Payment Solution (APS) is theonly in the PPH sportsbook industry that allows for onlinecollections and payments. Bookies can offer their players two livedealer casinos, a variety of digital casino games, a new premiumcasino, live in-game betting, a poker room, wagering options on 80+sports leagues, and horse racing. PayPerHead also has a best inindustry referral program so agents can add to their profitabilityand prides itself on providing industry-leading, top-class customerservice with over 20 plus years of experience.

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