Difference Between Puck Line And Moneyline

One of the most common types of sports betting lines when wagering on a game is the moneyline. You will see moneyline odds for every game and every sport played for the most part. While some games that have a very large spread but stray away from offering a moneyline, it is still one of the most popular styles of betting. A moneyline is a type of straight wager where the bettor wagers simply on who will win the contest, straight up – without any spread involved.

In short - a 'money line' wager is a straight up bet on a hockey game, while a 'puck bet' bet involves getting or giving up 1.5 goals, depending on if you are betting on the favourite or underdog. The difference between a moneyline and a point spread is how a team wins or loses a game. For a moneyline bet, you’re picking a winner between two teams. In order to win, your team selection must be successful. For point spreads, the team you selected must win by a certain number of points or not lose by a certain number of points.

The easiest way to think of moneyline betting odds is that you are only betting on who wins the game. It does not matter how many points or goals they win by, all that matters is who wins. If you see a - (negative) symbol then that team is the favorite and the team with the + (plus) sign is the underdog. Keep reading below to understand how moneyline odds work or visit the homepage of ExplainBettingOdds.com to read about odds in general.

There are two main systems for calculating the odds for hockey games. Because the scoring in hockey is less volatile than for other sports, money lines are the most widespread method of betting. You could also place your bet using the puck line system, but we will not be dealing with that method in the present article.

Explaining The Moneyline For Super Bowl 55

Kansas City Chiefs -160
Tampa Bay Buccaneers +140

It isn’t that hard explaining the Super Bowl moneyline. Take Super Bowl 55 between the Kansas City Chiefs and the Tampa Bay Buccaneers. The Chiefs are seen as the favorites with their line set at -160. This means that in order to make a $100 profit, $160 would have to be risked. Looking at the Buccaneers’ moneyline, it is at +140 which is an underdog. This means that a $100 bet would profit $140. Something to keep in mind when reading the moneyline is that when there is a minus symbol in front of the team, they are favored while if there is a plus sign, they are the underdogs.

Understanding How Moneyline Betting Odds Work

The moneyline is used exactly the same no matter what sport you are betting on. All you must do is select who you believe will with the matchup without any other thought behind you. By taking the favorite, a bettor would have to risk more money than what their expected return would be. Because there is no point spread involved to handicap the game, the oddsmakers and books handicap the payouts to ensure their book stays balanced. Betting on the underdog will result in a much better payout, as the oddsmakers have deemed this team less likely to lose. As you take action on either the favorite or the underdog and select the moneyline, a ratio of $100 is used to represent the payouts.

Seems pretty easy right?

Well, it's definitely easier than betting the point spread, in which a team has to cover a spread installed for a match up however you should know that moneyline wagers do not payout the same as a wager against the spread. Keep reading to learn more about payouts when betting on the moneyline.

Understanding Payouts When Betting On The Moneyline

The biggest differences on the moneyline though, aside from no point spread, is the payout. The idea behind a point spread is to bring the two teams in a match up to a more even playing field. If a team is better than the other, the points given by the favorite brings the underdog to a more even field. That is not the case on the moneyline.

Simply put, you will have to risk a whole lot more money on a favorite to profit. On the flip side though, if you bet on the underdog, the potential profit is a lot bigger on the moneyline than betting on the point spread. That is because the likelihood of the underdog winning is slim on the moneyline.

Explanation Of How Moneylines Work In MLB

• Atlanta Braves -300
• Philadelphia Phillies +200

This is an example of a moneyline you could see in Major League Baseball. The Braves are matching up with the Phillies, with Atlanta set as the favorite. You can tell Atlanta is the favorite because of the minus symbol. It is indicative of the amount that must be risked to return a profit. At -300, a $1 profit is made for every $3 risked on the Braves to win the game. On the other side, at +200, that is the same as saying 2/1. That means, for every $1 risked on Philadelphia to win the game, a $2 profit is returned. Moneylines are simply straight-up betting lines with no spread involved, which is why they can range quite significantly.

Article: How To Read MLB Betting Odds

Understanding The Moneyline In Football

• Denver Broncos -300
• Jacksonville Jaguars +300

Here in this example, the Broncos have been set in the role of the favorite, going off at -300 on the betting line. That means, for every $3 risked on Denver to win, a $1 profit is returned. So if you wager $30 on Denver to win, you stand to win $10. On the flip side, the Jaguars are set as a +300 underdog. That means for every $1 risked on Jacksonville, a $3 profit is returned. So if you were to wager $10 on Jacksonville to win, you would profit $30. So you can certainly see the disparity on the payout and why someone might want to take the Jaguars over the Broncos. Also, taking underdog moneylines in parlay bets can be huge for your payouts!

Article: How To Read College Football Betting Odds - How To Read NFL Betting Odds

Understanding The Moneyline Odds In The NBA

• Los Angeles Lakers +200
• Miami Heat -200

Here in this moneyline example for the NBA, the Lakers are matching up with the Heat. Miami has been set in the role of the betting favorite, going off at -200 on the betting line. As such, a $2 wager is needed to profit $1. So if you were to wager $200 on Miami, as $100 profit is returned if the bet is won. On the other side of the equation, the Lakers are in the underdog role. at +200, that is the same as 2/1. So, for every $1 risked on L.A to win, a $2 profit is returned. You can see a wide range of profits for a moneyline, because the underdog and favorite can be far apart straight up with no point spread.

Article: How To Read NBA Betting Odds

Bovada Sportsbook - Best Sports Betting Site For Betting On The Moneyline

Moneylines are one of the most popular bets that players get involved in. There are always teams that are expected to beat other teams. The margin of victory may be pretty wide. The big thing that sticks out here is how big of a favorite some teams are.

There plenty of moneylines that might show a team being a heavy favorite and if players bet against them, that is a very huge profitable opportunity. Upsets are always going to happen so this is where a lot of bread can be won. There are also toss-up games as well that many players take a stab at as well and end up cashing big on Bovada. This is the place to get when it comes to Moneyline bets regardless if its blowouts or close games.

BetOnline Sportsbook - Best Sportsbook With Great Moneylines

It's clear that BetOnline is one of the best sportsbooks for players and the moneylines that are offered are one of the main reasons why. There is news coming out all the time about teams prior to games and as soon as news drop that effects a team, it also affects the Moneyline on BetOnline.

This is what gives BetOnline a bonus over other sportsbooks because of the consistent update of Moneyline and always moving. Place your bet early could also be a great idea because of the news that could swing later on that week or day before matchup. BetOnline has it set up to where if any changes need to have done that is possible.

SportsBetting's Sportsbook - Lots Of Betting Odds When Betting On Moneylines

There are a number of things that SportsBetting sportsbook offers that makes it one of the better online sportsbooks for players. When it comes to picking some of these games with favorable matchups, the Moneyline does really determine how much players want to put down on these games. Most of the time, these games have the favorite that doesn’t really see players win a lot unless they put a lot of money down. When it comes to upsets, however, this is where players can have their lives change by just one pick.

Players with SportsBetting account have seen the Moneyline and have taken advantage of that the line because of the possible big payout. When you see a team like the Lions be underdogs against the Arizona Cardinals pull out the victory, only one thing is happening and that is big money is being handed out to all the players who took the chance on SportsBettting.

MyBookie Sportsbook - Money Line On MyBookie One of The Best

It is hard to find any sportsbook that has better moneylines that MyBookie. The way Moneyline works is very simple and most of the time it changes depending on what players are playing and are not. This often changes and sometimes in the favor of a player's bet. MyBookie is known for having a lot of people cash big when picking the Moneyline and the reason why is simple, their lines are better.

See the underdog betting like at (+115) is not bad but MyBookie will have that same under down with a Moneyline of (+130) which would win players more money if they were to bet on that underdog team. This is why shopping for lines is so important for all players. You can like a team to win a game and have decided you want to place a wager on them but once shopping around for lines, there is a big chance that you will find that MyBookie has the best moneylines.

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Hockey, specifically NHL offers new and experienced punters a great range of markets and hockey bettings for all types of wagering, be it money line, parlays or specials. Although hockey has not reached the levels of popularity in Europe that soccer and horse racing have done, the biggest European bookies still offer a huge amount of betting options. We’ve compiled a great guide for those who wanted to bring hockey into their weekly betting routine, or existing punters who want to expand their knowledge on the types of NHL bets.

Types of NHL Bets

Like every sport, hockey has its own distinct type of bets which you need to know:

Money Line

This is quite simply the wager you put on whoever you believe will win the game outright. It’s by far the most common type of betting on hockey, and even the most limited betting website will offer market.

Over/Under

For this time of hockey betting, before each game bookies will roll out the odds on whether the final tally of goals will be over or under a certain figure. This will be primarily based on team form, injuries to key attackers and how well each side has performed this season.

The Puck Line

This wager means that the bookies favourite for a particular game needs to defeat their rival by more than the point spread in order for the bet to pay out. Of all the different types of NHL bets, this one is definitely a fan favourite.
Unlike other sports, the point spread for puck line betting is always +/- 1.5. This means for the underdog to win the bet they must not lose by 2 or more goals and for the favourite to win they must win by at least 2 goals.

Regulation Time

A great alternative to money and puck line wagers, here the punter bets on the favourite at -0.5 or the underdog at +0.5. This way if the favourite and the underdog wins the punter gets a better price than they would on the money line, making it one of the more lucrative types of NHL bets.

This type of bet is great for those joining the action late who want a quick win.

Here is an example of a Parlay wager with 4 money line wagers.

Parlay

The hockey equivalent to the accumulator, it works in roughly the same manner. You can add additional money line bets to boost your odds, providing they win of course. Money line parlays can have over/under wagers included as well, but puck line bets cannot be included.

This is one of the best types of NHL bets if you want to generate some really high odds and maximise your hockey betting winnings.

Proposition

When it comes to betting on hockey sometimes you want to be precise about your wagers, and this is where “prop” bets come in. This allows players to place a bet a key elements of the game, such as team stats or individual player performances such as goals. This type of wager is ideal for players who really know their stuff.

Grand Salami

No, it’s not a large slab of Italian cured meat, it’s one of the more unique types of NHL bet that is offered in many sportsbooks. The days over/under totals are added up and punters can bet on whether the total amount of goals that day will be over or under.

First Period

No surprises with this one, this means bets are limited to the first 20 minutes of play. You may also find 2^nd and 3^rd period betting on hockey odds, with correspond with the different sections of the game.

Other Types of Wager

Winning Margin

This bet allows you to predict what the winning margin will be between the two teams, an ideal way of betting on hockey if you think the underdog are in for a battering!

3 Way

This wager differs from the money line types of NHL bets because it allows for the option of a tie.

There are more types of hockey betting available to punters, which rely on which operator they choose to play on, so it’s always worth familiarising yourself with whichever bookmakers are available to see if they have special markets to make the most of.

Difference Between Puck Line And Moneyline Lending

NHL Alternatives

Hockey fans are not limited to NHL betting, with many of the major bookies offering a wide range of markets on other hockey leagues and different ways of betting on hockey.

Bet365 allow players to wager on the Kontinental Hockey League, which includes teams from Belarus, Croatia, Finland, Kazakhstan, Latvia, Russia, and Slovakia, making it an ideal place for Eastern European punters to wager.

Difference Between Puck Line And Moneyline One

There are also markets on the other top hockey leagues, including the Swedish Hockey League (SHL), Slovak Extraliga, Finnish SM-liiga and of course the Czech Extraliga. All these leagues are also offered by Ladbrokes.

Difference Between Puck Line And Moneyline Game

William Hill boast these markets as well as Italian, Norwegian and Swiss leagues, on top of the aforementioned ones, making them a great place for hockey fanatics to play.

If you haven’t had enough of ice-hockey, don’t worry, there’s more fun to coming your way! Check out the 5 most brutal fights in NHL history!