I usually bet with my house using the "spread" , ... BUT my buddy says that once in a while his house has Money Line betting.
A.) I do not understand moneyline betting , I think that if you choose a team on the moneyline that is -110, then if you bet
$100 and lose, then you would have to pay $110 , .. is this correct ?
B.) But if the moneyline is +110, and I bet $100 , and lose , ... then how much would I have to pay ?
I am asking because, this past Sunday he chose New England on the Money Line to win , and they did , ... and so did he .
My main question is B.) in the aforementioned query.
Thanks folks - I am thinking why not bet on New England on the Moneyline to win the Superbowl. :think2:
A.) I do not understand moneyline betting , I think that if you choose a team on the moneyline that is -110, then if you bet
$100 and lose, then you would have to pay $110 , .. is this correct ?
B.) But if the moneyline is +110, and I bet $100 , and lose , ... then how much would I have to pay ?
I am asking because, this past Sunday he chose New England on the Money Line to win , and they did , ... and so did he .
My main question is B.) in the aforementioned query.
Thanks folks - I am thinking why not bet on New England on the Moneyline to win the Superbowl. :think2: