Line (Betting Line)

Line (Betting Line)

Basic Betting

Definition

The current odds or point spread for a given event. “Betting line” broadly refers to the wagering terms set by the bookmaker, which can move in response to betting action or news.

Formula

*N/A*

Example

The **line** on the fight opened at Canelo -150 but heavy money on Canelo moved the **betting line** to -180 by fight night. Bettors who took the early line got a better price than late bettors.