A money line is a type of betting line used in sports betting. In a money line bet, the bettor is betting on a specific team or player to win the game or event outright. The bettor does not need to worry about any additional points or handicaps, as the bet is simply on the team or player to win. The money line odds will usually be expressed in terms of the amount of money to be won if the bettor wins the bet. For example, a money line may be expressed as +100, meaning that the bettor would win $100 for every $100 bet.
What is a Running Line?
A running line is a type of betting line used in sports betting. Unlike a money line bet, a running line bet involves the bettor wagering on a specific team or player to win the game or event with the addition of a point spread. The point spread is a handicap set by the sportsbook, which is meant to even out the playing field between two teams or players. The point spread is represented as a number and is either positive or negative. For example, if a point spread of -3 is set for a particular game, the favored team must win by more than 3 points to cover the spread, while the underdog team must either win the game or lose by less than 3 points. The bettor is then paid out based on the amount of the point spread.
Difference between Money Line and Running Line
The main difference between a money line and a running line is the addition of a point spread in a running line bet. In a money line bet, the bettor is betting on a specific team or player to win the game or event outright. With a running line bet, the bettor is wagering on a team or player to win the game or event with the addition of a point spread. This point spread is meant to even out the playing field between two teams or players, and the bettor is then paid out based on the amount of the point spread.
Money Line Payouts
When it comes to money line bets, the bettor will be paid out based on the odds set by the sportsbook. The money line odds will usually be expressed in terms of the amount of money to be won if the bettor wins the bet. For example, a money line may be expressed as +100, meaning that the bettor would win $100 for every $100 bet.
Running Line Payouts
When it comes to running line bets, the bettor will be paid out based on the amount of the point spread. For example, if a point spread of -3 is set for a particular game, the favored team must win by more than 3 points to cover the spread, while the underdog team must either win the game or lose by less than 3 points. If the favored team covers the spread, the bettor will be paid out based on the amount of the point spread.
Conclusion
To summarize, a money line bet is a type of betting line used in sports betting in which the bettor is betting on a specific team or player to win the game or event outright. A running line is a type of betting line used in sports betting in which the bettor is wagering on a team or player to win the game or event with the addition of a point spread. The main difference between a money line and a running line is the addition of a point spread in a running line bet. The bettor will be paid out differently based on the type of bet, with money line bets paid out based on the odds set by the sportsbook and running line bets paid out based on the amount of the point spread.