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Moneyline

1,290 bytes added, 20:39, 29 October 2019
=== 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.
Odds are presented in Two competing teams with equal fractional odds would normally be set at 10/11 due to the form bookmaker's commission. A risk of $110 on either side would yield $100 in profit for a fractiontotal return of $210. Multiplying This can be verified by multiplying the risk amount by a market's fractional and odds will calculate the total profit that would be made in the event of a wintogether. The smaller the fraction the more that a team or player is favored to win (resulting the smaller the decimal odds will be. Fractional moneyline odds of 1/4 would need a $400 risk in order to generate $100 in a bigger payout)profit.  {| class="wikitable" style="text-align: center; margin: auto;"|- style="background-color:#eaecf0;"|'''Moneyline Odds'''|'''Risk'''|'''Profit'''|'''Return'''|-| 1/5|$500|$100|$600|-| 2/5|$250|$100|$350|-| 1/2|$200|$100|$300|-| 2/3|$150|$100|$250|- | 10/11|$110|$100|$210|} The larger greater the fraction fractional odds the more that team or player higher the potential profit relative to the amount risked. A wager on a 4/1 moneyline would turn a $100 winning bet into $400 profit for a total return of $500. {| class="wikitable" style="text-align: center; margin: auto;"|- style="background-color:#eaecf0;"|'''Moneyline Odds'''|'''Risk'''|'''Profit'''|'''Return'''|-| 1/1|$100|$100|$200|-| 3/2|$100|$150|$250|-| 2/1|$100|$200|$300|-| 5/2|$100|$250|$350|- | 5/1|$100|$500|$600|} Below is an NBA match which shows the Los Angeles Lakers as 1/9 favorites on the moneyline. An initial risk of $100 would only net $11.11 profit. The same $100 risk on the underdog (resulting in Memphis Grizzlies would yield $600 profit as a greater payout)result of their 6/1 moneyline odds.
{| class="wikitable" style="text-align: center; margin: auto;"
|'''Moneyline'''
|-
|[[File:PatriotsCanadiens.png|25px]]|New England PatriotsLos Angeles Lakers| -311.5 (10/11)| Over 44217.5 (10/11)| 51/9
|-
|[[File:RavensMapleLeafs.png|25px20px]]|Baltimore RavensMemphis Grizzlies| +311.5 (10/11)| Under 44217.5 (10/11)| 86/51
|}