When betting on low-scoring sports, using a point spread isn't practical. So oddsmakers use a money line instead. For example, a money line could look like this: White Sox - 1.20; Astros +1.10. In such a case, you have to bet $1.20 for each dollar you want to win off a White Sox victory. To bet on the underdogs, you'd have to put down one dollar for each $1.10 you want to win. So to win $100 off the White Sox, you'd put down $120. If they were to win, you'd get your money back, plus the $100. If you were to put down $100 on the Astros and they were to win, you'd earn $110. The "dime line" is used to separate the favorite from the underdog in order to encourage betting on both sides.
What is shared value theory?
Answered by Jacob Silverman
What makes a great innovator?
Answered by Professor Robert M. Metcalfe
How does a defendant prove legal insanity?
Answered by Discovery Fit & Health