Vincent at 22:34, 20 December 2019

2019-12-20T22:34:09Z

Vincent: Created page with "A '''ten cent line''' is a betting line with a ''ten cent'' difference between the odds of the favorite and underdog. The risk required to profit $100 betting on t..."

2019-12-20T22:33:08Z

Created page with "A '''ten cent line''' is a betting line with a ''ten cent'' difference between the odds of the favorite and underdog. The risk required to profit $100 betting on t..."

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A '''ten cent line''' is a [[betting line]] with a ''ten cent'' difference between the odds of the [[favorite]] and [[underdog]]. The risk required to profit $100 betting on the favorite and the potential profit of a $100 bet on underdog is exactly $10. Ten cent lines are sought after by sports bettors due to the lower [[bookmaker commission]] compared to standard [[twenty cent line]]s.

== Examples ==

Ten cent lines are most frequently seen when betting on baseball. In the MLB match below the Baltimore Orioles are favored with -140 [[American odds]]; a bettor would need an initial risk of $140 to profit $100. The Detroit Tigers are underdogs with +130 odds; a $100 bet yields a potential profit of $130. The amount of commission a bookmaker is charging on a given line is revealed by subtracting the price of the favorite from that of the underdog. In this example $140 - $130 = $10 which means it is a ten cent line.

{| class="wikitable" style="text-align: center; margin: auto;"
|- style="background-color:#eaecf0;"
|colspan="2"|'''Team'''
|'''Moneyline'''
|-
|[[File:Orioles.png|25px]]
|Baltimore Orioles
| -140
|-
|[[File:Tigers.png|25px]]
|Detroit Tigers
| +130
|}

Finding ten cent lines can be difficult. Betting sites prefer to issue twenty cent lines for most sports as they have more [[vig]] and therefore a larger [[house advantage]]. Using a similar example now with a twenty cent line, a bettor now needs to risk $145 to profit $100 on Baltimore at -145. Underdog Detroit at +125 will only return a $125 profit on a $100 bet. In this situation $145 - $125 = $20 revealing a twenty cent line.

{| class="wikitable" style="text-align: center; margin: auto;"
|- style="background-color:#eaecf0;"
|colspan="2"|'''Team'''
|'''Moneyline'''
|-
|[[File:Orioles.png|25px]]
|Baltimore Orioles
| -145
|-
|[[File:Tigers.png|25px]]
|Detroit Tigers
| +125
|}
== House Advantage ==

A sportsbook's [[house advantage]] comes from the amount of commission applied to the lines.

{| class="wikitable" style="text-align: center; margin: auto;"
|- style="background-color:#eaecf0;"
|'''Type of line'''
|'''Examples'''
|'''House advantage'''
|-
|10-cent
| -150 / +140
|2.38%
|-
|15-cent
| -145 / +130
|3.49%
|-
|20-cent
| -155 / +135
|4.54%
|}

@@ Line 36: / Line 36: @@
 == House Advantage ==
-A sportsbook's [[house advantage]] comes from the amount of commission applied to the lines.
+A sportsbook's [[house advantage]] comes from the amount of commission applied to the lines. The larger the margin between the risk required to profit $100 on the favorite and the profit from a $100 wager on the underdog the larger the house's advantage is.
 {| class="wikitable" style="text-align: center; margin: auto;"

Ten cent line - Revision history

Vincent at 22:34, 20 December 2019

Vincent: Created page with "A '''ten cent line''' is a betting line with a ''ten cent'' difference between the odds of the favorite and underdog. The risk required to profit $100 betting on t..."