The month of all months when it comes to sports betting, March is officially upon us, and with it tons of opportunities to wager in a variety of ways. One such method, the moneyline, simply is wagering on a team to win/lose a game straight up and without taking into account a point spread.
Let’s take a look at a few factors that can move a moneyline from when it is first posted.
While it might sound obvious to some, the moneyline ebbs and flows often in direct correlation with the point spread. Meaning, that if the number of points the underdog is getting increases, you can expect their moneyline odds to increase as well.
Whether it be money from the general public or from professional bettors, sportsbooks will move the moneyline based on the risk they inherit from the money already received. Said another way, if a big underdog on the moneyline starts seeing a lot of action, the sportsbook will lower the money in an effort to limit exposure should the underdog win the game.
Unlike the point spread, the other side of the wager (in this example the favorite), won’t see an exact correlation in their odds increasing. Oftentimes, it’s up to the sportsbook risk manager and where they feel comfortable moving the odds on a case-by-case basis.
While things like ratings, offensive and defensive statistics, and oftentimes even injuries can be baked into a moneyline, weather can change at a moment’s notice. In football, for example, a team that relies heavily on their passing game to score points will likely be hindered if the game is played in heavy snow or rain.
Because of that, if heavy snow or rain unexpectedly enters the forecast between the time the moneyline is first posted and kickoff, the moneyline will likely shift away from the team hindered by the shift in weather.
Whether you’re new to sports betting or a betting pro, our How To Bet and Sports Betting Strategy and Advice pages are for you. You can get started with our 101 section — including How to Bet on Sports — or head to more advanced strategy — like 10 Tips to Become a Sharper Sports Bettor — to learn more.