Moneyline - Revision history

Vincent at 20:38, 1 November 2019

2019-11-01T20:38:25Z

Vincent at 16:42, 1 November 2019

2019-11-01T16:42:05Z

Vincent at 00:44, 30 October 2019

2019-10-30T00:44:54Z

Vincent: /* Grading Rules */

2019-10-30T00:43:55Z

Grading Rules

Vincent at 00:34, 30 October 2019

2019-10-30T00:34:28Z

Vincent at 21:41, 29 October 2019

2019-10-29T21:41:27Z

Vincent: /* Fractional Odds */

2019-10-29T20:41:22Z

Fractional Odds

Vincent: /* Fractional Odds */

2019-10-29T20:39:13Z

Fractional Odds

Vincent: /* Decimal Odds */

2019-10-29T20:22:36Z

Decimal Odds

Vincent: /* Decimal Odds */

2019-10-29T18:57:29Z

Decimal Odds

← Older revision		Revision as of 20:38, 1 November 2019
Line 1:		Line 1:
−	A moneyline is a betting market where a wager is made on which team or player will win a given match outright. They are one of the most common sports bets placed along with ~~spread~~ and totals.	+	A moneyline is a betting market where a wager is made on which team or player will win a given match outright. They are one of the most common sports bets placed along with spreads and totals.

	== Moneyline Odds ==		== Moneyline Odds ==

@@ Line 103: / Line 103: @@
 === Decimal Odds ===
-Decimal odds format is commonly used in Canada and across Europe. A decimal number is used to indicate potential return. Multiplying the decimal odds by the amount risked will calculate the total return (risk and profit) if the wager were to win.
+[[Decimal odds]] format is commonly used in Canada and across Europe. A decimal number is used to indicate potential return. Multiplying the decimal odds by the amount risked will calculate the total return (risk and profit) if the wager were to win.
 Two competing teams with equal decimal odds would normally be set at 1.91 due to the bookmaker's commission. A risk of $110 would yield a $210 return on either side for a net profit of $100. This can be verified by multiplying the risk and odds together. The more a team is favored to win the smaller the decimal odds will be. Odds of 1.50 would require a $200 risk to generate the same $100 profit.
@@ Line 199: / Line 199: @@
 === Fractional Odds ===
-Fractional odds are primarily used to when discussing betting markets with [[long odds]] such as [[future]]s, but can also be used for moneyline wagers. A number in fraction form is used to indicate potential profit. Multiplying the fractional odds by the amount risked will calculate the profit if the wager were to win.
+[[Fractional odds]] are primarily used to when discussing betting markets with [[long odds]] such as [[future]]s, but can also be used for moneyline wagers. A number in fraction form is used to indicate potential profit. Multiplying the fractional odds by the amount risked will calculate the profit if the wager were to win.
 Two competing teams with equal fractional odds would normally be set at 10/11 due to the bookmaker's commission. A risk of $110 on either side would yield $100 in profit for a total return of $210. This can be verified by multiplying the risk and odds together. The more a team is favored to win the smaller the decimal odds will be. Fractional moneyline odds of 1/4 would need a $400 risk in order to generate $100 in profit.

← Older revision		Revision as of 00:44, 30 October 2019
Line 1:		Line 1:
−	A moneyline is a ~~type of~~ betting market where a wager is made on which team or player will win a given match outright. They are one of the most common sports bets placed along with [[spread~~]]s~~ and ~~[[total]]s~~.	+	A moneyline is a betting market where a wager is made on which team or player will win a given match outright. They are one of the most common sports bets placed along with spread and totals.

	== Moneyline Odds ==		== Moneyline Odds ==

@@ Line 297: / Line 297: @@
 Moneyline grading rules vary by sport and betting site. The industry standard is that overtime results are considered when grading moneylines for matches that are tied at the end of regulation. In the event of a draw at the end of overtime a moneyline bet will be graded as a push and the initial risk refunded.
-Below are common moneyline grading policies by sport which most sportsbooks follow. It is critical that a bettor is aware of their respective bookmaker's grading policies before placing a bet
+Below are common moneyline grading policies by sport which most sportsbooks follow. It is critical that a bettor is aware of their respective bookmaker's grading policies before placing a bet.
 === Baseball ===
-If a baseball game is called early, moneylines will be graded based on the winner at the time of completion of the last full inning. The exc
+If a baseball game is suspended before completion moneylines will be graded based on the winner at the time of the last complete inning. An exception to this is made in the case where the home team tied or took the lead in the bottom half of an on-going inning at the time the game was called. In this case moneylines will be graded against the score at suspension.
 === Basketball ===
+NBA matches that are suspended early must have at least 43 minutes of elapsed game-time for moneyline wagers to have action. Basketball leagues that play four 10-minute quarters must have at least 35 minutes of elapsed time to have action.
 === Football ===

@@ Line 1: / Line 1: @@
-A moneyline is a type of [[betting market]] where a wager is made on which team or player will win a given match outright. They are one of the most common sports bets placed along with [[spread]]s and [[total]]s.
+A moneyline is a type of betting market where a wager is made on which team or player will win a given match outright. They are one of the most common sports bets placed along with [[spread]]s and [[total]]s.
 == Moneyline Odds ==
@@ Line 295: / Line 295: @@
 == Grading Rules ==
-Moneyline grading rules vary by sport and betting site. It is critical that a bettor is aware of their bookmaker's grading policies before placing a bet. The industry standard is that overtime results are considered when grading moneylines for matches that are tied at the end of regulation. In the event of a draw at the end of overtime a moneyline bet will be graded as a push and the initial risk refunded.
+Moneyline grading rules vary by sport and betting site. The industry standard is that overtime results are considered when grading moneylines for matches that are tied at the end of regulation. In the event of a draw at the end of overtime a moneyline bet will be graded as a push and the initial risk refunded.
 === Baseball ===
 Baseball games can be called early due to weather, lighting issues, or other circumstances. Most bookmakers will still grade moneyline wagers as long as 5 full innings were played (4.5 if the home team is leading at the time of postponement).
 === Football ===
-Professional and college football moneylines
+The winner of a professional or college football match will be determined by the final score as long as at least 55 minutes of official game-time has elapsed. If a match is postponed before 55 minutes have passed moneyline wagers will be graded no action and bets will be refunded.

@@ Line 280: / Line 280: @@
 |'''Moneyline'''
 |-
-|[[File:Canadiens.png|25px]]
+|[[File:Lakers.png|25px]]
 |Los Angeles Lakers
 | -11.5 (10/11)
@@ Line 286: / Line 286: @@
 | 1/9
 |-
-|[[File:MapleLeafs.png|20px]]
+|[[File:Grizzlies.png|20px]]
 |Memphis Grizzlies
 | +11.5 (10/11)

@@ Line 199: / Line 199: @@
 === Fractional Odds ===
-Fractional odds are primarily used to when discussing betting markets with [[long odds]] such as [[future]]s, but can also be used for moneyline wagers.
+Fractional odds are primarily used to when discussing betting markets with [[long odds]] such as [[future]]s, but can also be used for moneyline wagers. A number in fraction form is used to indicate potential profit. Multiplying the fractional odds by the amount risked will calculate the profit if the wager were to win.
-Odds are presented in the form of a fraction. Multiplying the risk amount by a market's fractional odds will calculate the total profit that would be made in the event of a win. The smaller the fraction the more that team or player is favored to win (resulting in a bigger payout). The larger the fraction the more that team or player is an underdog (resulting in a greater payout).
+Two competing teams with equal fractional odds would normally be set at 10/11 due to the bookmaker's commission. A risk of $110 on either side would yield $100 in profit for a total return of $210. This can be verified by multiplying the risk and odds together. The more a team is favored to win the smaller the decimal odds will be. Fractional moneyline odds of 1/4 would need a $400 risk in order to generate $100 in profit.
 {| class="wikitable" style="text-align: center; margin: auto;"
@@ Line 210: / Line 280: @@
 |'''Moneyline'''
 |-
-|[[File:Patriots.png|25px]]
+|[[File:Canadiens.png|25px]]
-|New England Patriots
+|Los Angeles Lakers
-| -3.5 (10/11)
+| -11.5 (10/11)
-| Over 44.5 (10/11)
+| Over 217.5 (10/11)
-| 5/9
+| 1/9
 |-
-|[[File:Ravens.png|25px]]
+|[[File:MapleLeafs.png|20px]]
-|Baltimore Ravens
+|Memphis Grizzlies
-| +3.5 (10/11)
+| +11.5 (10/11)
-| Under 44.5 (10/11)
+| Under 217.5 (10/11)
-| 8/5
+| 6/1
 |}

@@ Line 140: / Line 140: @@
 |}
-The larger the decimal odds the greater the total return will be relative to the initial risk. Placing $100 on a moneyline at 2.50 odds will grant a return of $250 for a profit of $150.
+The larger the decimal odds the greater the total return will be relative to the initial risk. Placing $100 on a moneyline at 2.50 odds will grant a return of $250 for a net profit of $150.
 {| class="wikitable" style="text-align: center; margin: auto;"
@@ Line 175: / Line 175: @@
 |}
-Using the same NFL example as before the New England Patriots are favored to win with 1.55 moneyline odds.
+Using the following example the Montreal Canadiens are favored to win the hockey game with 1.66 moneyline odds. A bet of $100 would return $166 for a net profit of $66 should they win. The Toronto Maple Leafs are 2.30 underdogs, meaning that the same $100 risk would now return $230 for $130 profit.
 {| class="wikitable" style="text-align: center; margin: auto;"
 |- style="background-color:#eaecf0;"
 |colspan="2"|'''Team'''
-|'''Spread'''
+|'''Puckline'''
 |'''Total'''
 |'''Moneyline'''
 |-
-|[[File:Patriots.png|25px]]
+|[[File:Canadiens.png|25px]]
-|New England Patriots
+|Montreal Canadiens
-| -3.5 (1.91)
+| -1.5 (2.70)
-| Over 44.5 (1.91)
+| Over 6.5 (1.91)
-| 1.55
+| 1.66
 |-
-|[[File:Ravens.png|25px]]
+|[[File:MapleLeafs.png|20px]]
-|Baltimore Ravens
+|Toronto Maple Leafs
-| +3.5 (1.91)
+| +1.5 (1.50)
-| Under 44.5 (1.91)
+| Under 6.5 (1.91)
-| 2.60
+| 2.30
 |}