Before betting on the game, make sure you understand the differences between bout betting and money line. While moneyline bets offer more value, spread bets offer fewer options. A moneyline bet has a much higher payout for the underdog, and a smaller payout for the favorite. It can help you determine which team offers the best value.
The difference between a money line and an over/under is simple. The former represents the favorite, while the latter is the underdog. If a fighter is +300, then he is considered a 3-to-1 underdog. If he wins by four rounds, he would win a $100 bet. If he loses, he will lose the bet.
Moneylines are most common in lower scoring sports. This is because the scoreline is more closely matched. In a baseball game, for example, Houston is favored at home and has a -175 money line. If the game ends with a tie, the moneyline is -150. However, if there is a change in pitching, this will cancel out the bet.
Betting on a moneyline underdog has many disadvantages. For one, it is harder to win moneyline bets than on a straight-up bet. While the payoff is higher, the risk is also greater. When betting on the moneyline, you have to take into account the vig or juice that the sportsbooks charge.
