What is the Meaning of Laying the Moneyline in Betting?

Laying the moneyline is a type of bet that involves betting on the underdog in moneyline terms. The moneyline is the option that shows the payouts for betting on a game’s outcome. The moneyline usually has two numbers, one with a plus sign (+) and one with a minus sign (-). The plus sign indicates the underdog, while the minus sign indicates the favorite. The numbers show how much you can win or lose for every $100 wagered.

For example, if a moneyline for a soccer game is Team A (+150) and Team B (-170), it means that Team A is the underdog and Team B is the favorite. If you bet $100 on Team A and they win, you will win $150. If you bet $100 on Team B and they win, you will win $58.82 ($100 divided by 1.7). If you bet $100 on either team and they lose, you will lose $100.

Laying the moneyline means betting on the underdog to win or lose by less than the point spread (if there is one). For example, if the point spread for the same soccer game is Team A +1.5 and Team B -1.5, it means that Team B has to win by more than 1.5 goals to cover the spread. If you lay the moneyline on Team A, you will win your bet if Team A wins or loses by 1 goal or less.

The Advantages of Laying the Moneyline

Laying the moneyline has several advantages for the bettor who wants to make a smart and profitable wager. Some of them are:

• Laying the moneyline can offer a higher payout than betting on the favorite, since you can win more money with the same stake.
• Laying the moneyline can reduce your risk of losing, since you have more ways to win your bet.
• Laying the moneyline can allow you to take advantage of market inefficiencies, such as public bias or inaccurate odds.
• Laying the moneyline can give you more excitement and satisfaction, since you are rooting for an underdog to overcome the odds.

The Disadvantages of Laying the Moneyline

Laying the moneyline also has some disadvantages for the bettor who wants to make a fun and exciting wager. Some of them are:

• Laying the moneyline can still be costly and risky, especially if you bet on a big underdog that has little chance of winning.
• Laying the moneyline can still be inconsistent and unpredictable, especially if your underdog loses by more than the point spread (if there is one).
• Laying the moneyline can limit your potential payout and options, especially if you miss out on a bigger win by betting on other types of bets, such as over/under or prop bets.
• Laying the moneyline can require more research and analysis, especially if you want to find value and edge in betting on an underdog.

To Sum Up

Laying the moneyline is a type of bet that involves betting on the underdog in moneyline terms. The moneyline is the option that shows the payouts for betting on a game’s outcome. The moneyline usually has two numbers, one with a plus sign (+) and one with a minus sign (-). The plus sign indicates the underdog, while the minus sign indicates the favorite. The numbers show how much you can win or lose for every $100 wagered.

Laying the moneyline means betting on the underdog to win or lose by less than the point spread (if there is one). Laying the moneyline can offer a higher payout, reduce your risk, allow you to take advantage of market inefficiencies, and give you more excitement and satisfaction. However, laying the moneyline can also be costly and risky, inconsistent and unpredictable, limit your potential payout and options, and require more research and analysis. Therefore, you should be aware of the meaning and impact of laying the moneyline when you place your bets.