It seems like even people who do not bet very often understand what a point spread means and how to bet on one. Most shops will just force you to lay $11 for every $10 you want to win.
But, a lot of bettors start to get confused and want to know how to understand American money line odds.
Today, I’m going to make it easy for you understand this concept and hopefully add another type of wager to your arsenal that will help you build your bankroll.
To illustrate let’s look at an example. Most places will list three types of odds for a basketball game:
NBA Basketball
Spread
Money Line
Total Points
701 Miami Heat
-3.5 -110
-165
o198 -110
702 Orlando Magic
+3.5 -110
+145
u198 -110
Each row gives you three possible bets you can make on the game: spread, money line and total points (the over/under).
The spread and total point columns don’t just list the total and the spread, they also list -110 after. This...