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Sports Betting: How to Read the Moneyline and Total
In this video my brother Mark, aka MFA, goes over further into the world of sports betting and this time explains how to read the Moneyline and Total betting columns. The moneyline is simply the payout you get if you bet on a team to win regardless by how many points. The payouts are described in our earlier video on How to Read Betting Odds, in the related videos below. The Total is used for betting on the total combined points by both teams, in terms of whether it will be over or under the actual combined points.
An example of the moneyline betting on Cleveland Cavaliers to beat Golden State Warriors at a moneyline of +170. This means that if you bet $100 that Cavs win, then you win a profit of $170.
An example of the total is betting on over, assuming the Cavs vs Warriors total is 240(-120)o. If that actual outcome of the game is 140-120 for the Cavs, then if the bet was $120, you would win $100, since the payout odds are -120.
For more info on the betting odds and further sports betting make sure to watch our earlier videos.
Download the notes in my video: https://1drv.ms/b/s!As32ynv0LoaIhtV4fCnX13peGPB2-g
View Video Notes on Steemit: https://steemit.com/sports/@mes/sports-betting-how-to-read-the-moneyline-and-total
Related Videos:
Sports Betting: How to Read Point Spreads: https://youtu.be/x3feHj30r_Q
How to Read Sports Betting Odds: American, Fractional, and Decimal Odds: https://youtu.be/Kaf7IfPqt28
LeBron James' Max Contract in the 2017/2018 Season: https://youtu.be/oUM9Oa14Oy0
NBA Mid Range vs. Close Range vs. Three Point Shots: Which is the most effective?: https://youtu.be/ljkywWmq24E
NCAA vs. NBA 3 Point Line: http://youtu.be/1__25TpOdB0
Odds of Winning the Lottery: http://youtu.be/dVNFhu6tMQc
NBA Free Agency and Max Contracts: Introduction: http://youtu.be/osDN-bnPULY
Odds of Having a Perfect NCAA March Madness Bracket: http://youtu.be/It1sCq9cAFM
Poker: What is Equity?: http://youtu.be/xhZOfQGteAo .
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