![]() ![]() If you’re losing, you’re stuck with whatever bet you made. If you’ve ever placed a wager on the soccer game, you may have used the ‘money line.’ In that case, you’re basically wagering on whether the game will end in a draw or a win for the home team. The opposite holds true if you’re betting on the Seattle Seahawks. For example, a -3 point spread (+3) for the New England Patriots means that if you’re wagering on the game, you’ll win 3 points for each bet you make (e.g., a $10 wager will result in a total profit of $30). ‘Money line’ betting gets its name because the bettor is wagering on whether the total score of the game will be higher or lower than its current point spread. So if you’ve ever placed a wager on the Super Bowl or the NCAA basketball tournament, you’ve probably used the ‘money line.’ When you place a wager on the ‘money line’ for a particular sporting event, your intention is to bet on the outcome of the game. The letters ‘ML’ in sports betting are often used in reference to ‘money line’ betting. Most notably, ‘ML’ stands for ‘money line.’ But ‘ML’ can also stand for ‘margins,’ ‘leads,’ and ‘lay.’ Here’s a closer look at the various uses of this shorthand in sports betting. The letters ‘ML’ have multiple meanings in sports betting.
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