The other way a bet between two opposing sides can be made is called a money line

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The other way a bet between two opposing sides can be made is called a money line. The money line is usually offered between individual opponents (two fighters in a boxing match, for example), but is also provided in low-scoring sports like baseball, soccer or hockey, or in games where the point spread is fairly close. If the point spread on an NFL game is Chicago -4 over Detroit, the money line might be offered as Chicago -240 Detroit +200. This means that a bettor would have to wager $240 on Chicago to win $100 back, whereas a $100 wager on Detroit would return $200. Point spreads are not involved in this kind of bet; it’s solely a matter of who wins the contest.

In a money line bet, the vig is applied as the gap between the two offerings. In this case, Detroit pays out as a 2:1 underdog but Chicago is set as a 2.4:1 favorite. The 10% on either side of the middle (in reality, the book is saying that Chicago is a 2.2:1 favorite) produces the same vig as a point spread bet does.


The other way a bet between two opposing sides can be made is called a money line

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