betting heavy favorites on moneyline parlays

In this wager, the favorite’s odds will show how much money you stand to win, as explained above. Spreads are wagers on the point difference between the winning and losing team/player. These moneylines show a bettor that it’s expected to be a close game and either team is likely to win. The sportsbook might set the moneyline for Ohio State to be the favorite at -110 and Michigan at +105. Both teams are undefeated overall and it’s expected to be a close game. A $100 wager would get you a few pennies in profit.įor another matchup, maybe it’s Michigan vs Ohio State.

It might be, but you have to look at the amount of money you would win if you took the Georgia moneyline. This is saying Georiga is extremely likely to win. Since Georgia is a much better team than Kent State, you might see the book set the moneyline at -3000. Here are two examples to consider:Īn NCAA Football matchup between highly-ranked Georgia and Kent State. The higher the number, the more likely the sportsbook believes that the favorite will win. If -120, you need $120 to win $100 and you get the point. Go to – 115, you need to bet $115 to win $100.

So if the odds stand at – 105, you would have to bet $105 to win $100. The favorite’s (negative) odds typically show how much money you need to wager to win $100. This is true because you would have to bet more to win $100 compared to betting the underdog. Favorites typically have a lower payout than underdogs. So in this example, Team A will have odds of around 1.9 (favorite) while B will have 2.1 (underdog).

If the sportsbook uses decimal odds, the favorite will have odds of less than 2.0. Team B, on the other hand, is the underdog and will get positive odds such as +110. Team A as a favorite may get odds of -110. So, let’s say team A and team B are facing off. If the sportsbook uses American odds, the favorite gets negative odds. This applies to every single sport such as baseball, basketball, soccer, hockey, tennis, football, golf, etc. The sportsbook will make it clear who they think is the favorite in their odds. For an individual sport, you might see Novak Djokovic as a major favorite at Wimbledon against Andy Murray. A favorite is considered to be more likely to win than an underdog. For an NFL game, you could see the Kansas City Chiefs as heavy favorites over the Cleveland Browns.Ī sportsbook will create odds based on which team or player in the bet is better. In an MLB game, the New York Yankees might be favored to beat the Detroit Tigers. In sports betting, the favorite is the team or player who is most likely to win a matchup. Claim now What is a favorite in sports betting?

Betting heavy favorites on moneyline parlays