Moneyline betting and point spread bets are essentially bets on similar outcomes with one technical difference. Moneyline betting is a simple wager on a winner. Point spread betting is a bet on who wins by a certain range of points. When you bet moneyline your wager wins if your chosen bets win. In point spread wagers punters can win even the team they chose lost. How is that possible you may ask? We answer that question in our betting guide. We tackle how to best use point spread bets. In our guide you will get tips to help you decide when to place moneyline bets over point spread wagers.
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When to Choose Moneyline Bets Instead of Point Spread
Moneyline bets as we have already mentioned are quite simple. Bettors simply predict a winner. In the event that they have correctly predicted the winner, the bet pays out. Point spread bets are slightly more complex or interesting. We will explain a point spread briefly with an example.
Point spread odds will be laid out as below
Liverpool +3 FC Barcelona -1
Now if you bet on Liverpool winning the Result of that match were Liverpool 4-0 Barcelona your bet pays out.
Now let’s say you bet on FC Barcelona and they win. Barcelona 2-1 Liverpool
This wager will still not payout because of the point spread. Subtract -1 from Barcelona and add +3 to Liverpool’s score, it adds up to Barcelona 1 – Liverpool 4. Barcelona’s score did not cover the spread and therefore the bet is lost.
When to Choose Moneyline Bets Instead of Point Spread
Point spread are perfect for when you bet on two good players or teams. For example, if you have two well performing teams and you know the game could go either a point spread bet is better. It allows the bettor a range or margin of error to cushion any upsets in the game. Point spread betting is a favourite of sportsbooks. They are referred to in different names in each sport. Hockey’s version of a point spread is known as a puck line bet, while other sports like gold call it a handicap.