Sports Betting Money Lines at SBG Global. The money line is a form of sportsbetting in which gamblers can bet on games straight up, rather than with a pointspread, as they will either lay odds on the favorite or take odds on the underdog. Let’s consider Internet sports betting money lines and look at some examples.
Sportsbetting money lines are a great alternative for the loser’s lament about picking straight up winners correctly while failing to pick the pointspread winner. For example, if you saw an Internet sportsbetting line that read LSU -7, Auburn +7 and you wanted LSU but didn’t want to lay the points, the money line would read something like LSU -380 and Auburn +340. This means that when you bet this sportsbetting money line a gambler has his choice to bet $100 to win $340 on Auburn or he can lay out -$380 to win $100 on LSU. Of course you can bet more than that or less than that, in proportionate amounts in sportsbetting.
You will notice the forty-cent difference in the price between LSU and Auburn on this Internet sports betting line. The difference is the equivalent of the “juice/vig” that you must lay out when involved in sportsbetting. In this case, we have what is referred to as a “forty-cent line” which explains the difference in prices. On closer games, there may be as little as a twenty-cent Internet sports betting line but for greater mismatches, there may be as high as a sixty-cent line or more.
Now let’s say that you took LSU on the pointspread but your friend was leery about laying the seven points so he took the sports betting money line. Now let’s say LSU had a hard time with Auburn, and barely got past the Tigers in a 27-24 win. You laid the seven-points on the sports betting line and are out of luck, as LSU did not cover but your friend is pumping his fist in victory, as with the Internet sports betting money line he was paid. That is just one of the advantages to the sports betting money line. The other main advantage is taking the underdog and getting the big money when they win outright.
Keep in mind with sportsbetting that the money line is a viable alternative to the pointspread. It is just another option you can choose in Internet sportsbetting.