In these cases, the odds will be expressed as a positive or negative number, with the favorite being indicated by a negative number and the underdog being indicated by a positive number.įor example, if the Los Angeles Lakers are favored to win a game and is given -200 odds, this means that for every $200 bet on the Lakers, the customer will win $100. Two-way odds, also known as money line odds, are used in sports where there are only two possible outcomes, such as a football content or a basketball matchup. These sports also have two-way money line markets, where if the tie does happen after the regulation time, the customer's wager is returned and is considered void. Instead of a money line market for two teams and only having two choices, the third choice of a tie is introduced, hence the odds being different. These money line markets will differ in odds from the two-way markets offered for the same exact match because there is the possibility of a third result.

Hockey has '60 Minutes Betting' and soccer has '90 Minutes Betting' where the action that takes place after regulation is not included in the wager.

The two most popular sports customers will see this is soccer and hockey.įind free soccer picks and free hockey betting picks all year long at WagerTalk! 3 Way Money Lines – Enter the Tie or Draw These are used when three possible outcomes are possible, where each team could win, but the third option being a tie. Some sports, such as soccer and hockey, have the option to wager on three-way lines in addition to two-way lines.

What does 200 mean in gambling