Betting the money line requires you to predict the
outright winner of the match, which means that wagers of this type are very
popular among both casual bettors and seasoned handicappers. Money lines are
always marked with an integer – a positive line requires you to bet $100 for a
chance to win the amount listed on the site, while a negative line requires you
to risk a pre-determined amount for a chance to win $100. Consider the
following example:
In this case, New Zealand is the clear favorite.
Consequently, you’d have to invest $250 for a shot at winning $100 – if you
decide to bet $500, your potential winnings will total $200. Conversely, India is
the underdog, so if you bet $100, you’ll have a chance to win $400.
While many inexperienced bettors tend to believe
that the money lines reflect the chances of both teams to win the match, this
isn’t really always true. In fact, most online cricket betting sites
prefer to set their odds in a way that would entice their customers to bet on
both teams, which means that the most successful bettors always stick to their
own handicapping efforts. Many online betting sites provide the punters
opportunity to set their own odds.
|