What is the difference between a point spread and a money line?

Point Spreads

Point spreads are a type of bet that is used in many sports, including football, basketball, and baseball. In this type of bet, the sportsbook will set a point spread for a game, which is the number of points that the favorite team is expected to win by. For example, if the point spread is set at 7, the favorite team must win by more than 7 points in order for the bet to pay out. If the favorite team wins by exactly 7 points, the bet is a push and the bettor will get their money back.

Money Lines

A money line bet is a type of bet that does not involve a point spread. Instead, the bettor is simply predicting which team will win the game. The odds for a money line bet are usually expressed as a ratio, such as +150 or -200. A +150 money line means that if the bettor wins, they will receive $150 for every $100 they bet. A -200 money line means that the bettor must bet $200 to win $100.

Differences

The main difference between a point spread and a money line bet is the potential payout. With a point spread bet, the bettor is not necessarily predicting which team will win, but rather how much the favorite team will win by. This means that the potential payout is usually lower than with a money line bet, since the bettor is not predicting the exact outcome of the game. In addition, the point spread can be adjusted by the sportsbook in order to even out the betting action. This means that the point spread can change throughout the course of the game, which can make it difficult to predict the outcome. On the other hand, the money line bet is fixed and does not change, so it is easier to predict the outcome.