Once the volume of bets placed on the steelers significantly outweighs the volume on the Bills the Steelers will become -135 to deter bets. If you believe the Steelers will win it is wise to bet the odds of -125 while you can. With NFL games being played on Sundays sportsbooks usually make opening lines available the Tuesday beforehand. That makes sense as the favorites SHOULD win. The general consensus is that the majority of the time the betting public supports the favorite. There is one piece of strategy with moneyline wagering. A $100 wager placed on the Steelers nets $80 while the same bet on the Bills nets $130. We know that because our ROI (return on investment) on the Steelers is lower than the Bills. Using our example, the Steelers are favored to win over the Bills. Since moneyline is picking a winner it doesn’t get any simpler than that. With a moneyline bet we don’t care how they win as long as they are the winner at the end. In any sport other than soccer, someone wins and someone loses. A moneyline bet is a wager placed on a team to win. It doesn’t get any simpler than the moneyline bet. The MytopSportsBooks Basic Betting Types Guide will dig deep explaining each and how they are scored.įor all of the betting types we’ll use the below sample. There are three main types of bets: moneyline, ATS (against the spread), and Totals (Over/Under). That’s why it’s important to know the basics of betting, which we will cover in this guide. Like anything in life, it’s best to be prepared beforehand. Stepping into the world of sports betting is very intimidating initially. Bet Now MyTopSportsbooks Basic Bet Types Guide

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