1. Welcome to VegasMessageBoard
    It appears you are visiting our community as a guest.
    In order to view full-size images, participate in discussions, vote in polls, etc, you will need to Log in or Register.

Betting with Money Line??

Discussion in 'The Sports Book' started by RiddickBull, Dec 9, 2013.

Thread Status:
Not open for further replies.
  1. RiddickBull

    RiddickBull VIP Whale

    Joined:
    Oct 20, 2012
    Messages:
    1,671
    Trips to Las Vegas:
    20
    I noticed when I bet sports, I can call the winner 9/10 times. The problem is covering the spread. I know if you loose, you loose big. Betting on a -800 line will kill you if it is an upset.

    Has anyone tried sports betting using the ML and been successful? Do you think the strategy to wager less on the spread to win the same amount is better? Is the risk worth the reward?

    Example:
    Denver was -700 (ML) vs Titans yesterday.
    ML $7k to win $1k or bet $1k to win ~$1k on the spread (juice takes out a little).
     
  2. jimboguy

    jimboguy MIA

    Joined:
    Nov 15, 2010
    Messages:
    2,576
    Location:
    Salt Lake City, UT
    Trips to Las Vegas:
    80
    I haven't ever bet the money line on a favorite. But I do bet it occasionally on the dog. For example, UCLA vs USC (college football) over Thanksgiving weekend. UCLA was +170 on the money line, so I took UCLA.
     
  3. captainron62

    captainron62 VIP Whale

    Joined:
    Oct 2, 2011
    Messages:
    3,282
    Location:
    Tampa, FL
    Trips to Las Vegas:
    24
    I always bet NFL using money line. Its tough enough to pick a winner, let alone worry about getting killed by a late field goal or safety or some other silliness.
     
  4. bsnm

    bsnm Tourist

    Joined:
    Sep 22, 2011
    Messages:
    80
    Location:
    Arizona
    Trips to Las Vegas:
    26
    When in this situation, I opt for the teaser. Assuming there is more than 1 team I am willing to bet and I like the spread better after the tease.
     
  5. smartone

    smartone VIP Whale

    Joined:
    Jul 17, 2011
    Messages:
    9,892
    Location:
    Northern Nevada
    Trips to Las Vegas:
    248
    M/L bets are the way to go when you smell an upset brewin'
     
  6. slimmy28

    slimmy28 Low-Roller

    Joined:
    Jun 13, 2008
    Messages:
    245
    Location:
    Las Vegas
    Trips to Las Vegas:
    13
    When I like an underdog, I usually will bet the point spread but will also have a little on the Moneyline as well. I have dabbled with favorite Moneyline Parlays in the past. It "seems" like its a great idea, but it's surprising how many "sure things" or "no way they lose" games actually don't win and all it takes is one loss to tear up that bet. Personally now, I try to stay away from Moneyline favorites, but occasionally still stray from that thinking, but not nearly as much as I used to.
     
  7. FXT

    FXT VIP Whale

    Joined:
    May 16, 2013
    Messages:
    1,033
    Location:
    San Jose, California
    Trips to Las Vegas:
    10
    There was a guy doing MLs over march madness last year on covers. He'd win probably 8/10 bets but in the end broke about even. Too much risk to just break even imo. Now MLs are great for parlays but even then you have to sweat out games like the Browns/Pats (-500) this weekend.
     
  8. Travel Fanatic

    Travel Fanatic The Arbiter of Taste Caviar Kid

    Joined:
    Jul 11, 2010
    Messages:
    21,525
    Location:
    Tennessee
    Trips to Las Vegas:
    50
    I stay away from NFL moneylines. Just too many long odd upsets to do well in the long run.

    But if you are talking moneylines in general, that is how most gamblers bet MLB. I'm not a huge baseball fan, but I have consistently made money every summer betting MLB moneylines because there are a lot of stats you can analyze to handicap the game and the long season can lead to small errors by the sportsbook that the player can take advantage of
     
    The plans have changed
    Post-Shopping Recovery Period
  9. Rush

    Rush MIA

    Joined:
    Aug 31, 2010
    Messages:
    2,983
    Trips to Las Vegas:
    76
    I have a friend who makes money almost every year betting M/Ls.

    He start with a couple thousand, and works his way up to 4 or 5 grand by the end of the season. (The downside is....he has went broke a couple of times.)

    He simply isn't afraid to risk $3,000 to win back $400. The lone hiccup he has had this year was betting Atlanta on a Monday night game when they were about a 12 point favorite and they lost. (He lost $1,000 on the game) He is up to just under $5,000 as of last night. His last game was San Fran for a grand on Sunday.

    He doesn't bet every week, and he never bets for "action". He bets when he thinks he has a "sure thing". I think he is going to go small from here on out, because he wants to cash out at $5,000. He wants the bankroll for Vegas over the Super Bowl.
     
  10. JustNgo

    JustNgo Low-Roller

    Joined:
    Apr 26, 2013
    Messages:
    334
    Trips to Las Vegas:
    0
    Was in town with 10 other UCLA alums. Betting on that game was oh so sweet! We didn't realize how many bet on SC until they finally scored a touchdown....and the whole book cheered...
     
  11. broncofn

    broncofn VIP Whale

    Joined:
    Mar 16, 2013
    Messages:
    4,134
    Trips to Las Vegas:
    60
    Imho if you are going to play big favorites on the ML, it is going to come back and bite you. I am usually an underdog, RLM (reverse line movement), and percentage player. But betting on strictly ML is not as easy as it sounds.

    There is a forum (covers.com) and post this question on there also and see what responses you get regarding this topic. This is a sports wagering forum.
     
  12. broncofn

    broncofn VIP Whale

    Joined:
    Mar 16, 2013
    Messages:
    4,134
    Trips to Las Vegas:
    60
    In your example, denver won your play risking 7k to win 1k. On money lines there is no juice, you are playing the moneyline, not the spread at -110. Regardless, you were a winner. But who in their right mind would lay 7k to win 1k? What would have happened tonite if you bet denver on the moneyline again at almost the same odds?
     
  13. broncofn

    broncofn VIP Whale

    Joined:
    Mar 16, 2013
    Messages:
    4,134
    Trips to Las Vegas:
    60
    Sorry, misread what you wrote. But yes, i would take the team on the spread instead of the moneyline. Unless you want to reduce your juice and for instance do a moneyline parlay of 2 teams but i also would not do that.
     
  14. Readingfanman

    Readingfanman Low-Roller

    Joined:
    Oct 29, 2013
    Messages:
    362
    Location:
    London, UK
    Trips to Las Vegas:
    3
    Plent of people would lay 7k to win 1k. If the odds represent value, then people will do it. It's how professional gamblers manage to beat bookies consistently, by making sure that they only bet when the odds are in the bettor's favour.

    Not that I'm saying the odds for Denver in either scenario were worth betting on, I believe in the UK yesterday Denver were priced up as -500 (Is that right? $500 bet to win $100 in profit?). Pretty poor odds against a very up and down Chargers side who have pulled out a big win this season vs KC already this year.
     
  15. sabre

    sabre Low-Roller

    Joined:
    Nov 12, 2009
    Messages:
    214
    Trips to Las Vegas:
    9
    No you can't.
     
  16. hillwood24

    hillwood24 High-Roller

    Joined:
    Dec 5, 2012
    Messages:
    773
    Location:
    Fort Worth, TX
    Trips to Las Vegas:
    13
    He could if he sticks to college football money lines and only bets when Bama and Florida State play nobodies.
     
  17. RiddickBull

    RiddickBull VIP Whale

    Joined:
    Oct 20, 2012
    Messages:
    1,671
    Trips to Las Vegas:
    20
    Are you sure? The spread is what makes it difficult. I don't bet 10 games per week. Maybe 1-3 depending on the games.

    Example, I called every DEN win. I didn't bet when they played the colts, which was an easy non-bet. I took NE with +3 so that would be another victory. NE plus points = I'll take any day. I got burned on the Carolina game though.

    I have mostly took the spread when I bet football. Hockey and MLB, I always take the ML. Basketball is a mix.
     
  18. SirSwizzlestick

    SirSwizzlestick Low-Roller

    Joined:
    Feb 18, 2011
    Messages:
    177
    Trips to Las Vegas:
    21
    This is hilarious, no disrespect. Laying that much money is the biggest square (aka moron) bet you can make, and zero professionals would ever do it.
     
  19. Readingfanman

    Readingfanman Low-Roller

    Joined:
    Oct 29, 2013
    Messages:
    362
    Location:
    London, UK
    Trips to Las Vegas:
    3
    I know a few professionals who will lay any odds if they know they have an advantage. Granted, they are unlikely to lay 7k, but if they have knowledge of the market, and the odds are in their favour, then there is no reason why they wouldn't. As long as it was a suitable proportion of their bankroll.
     
  20. vegasqc

    vegasqc VIP Whale

    Joined:
    Nov 9, 2010
    Messages:
    3,640
    Trips to Las Vegas:
    11
    7 k to win 1K isnt that bad i know people in the horse racing game betting 10K to win 500$ ( 10000$ on a horse to show pays 10500$)
     
Thread Status:
Not open for further replies.