Let’s take a look at exactly what a money line is, and then pick out some spots where they might be used as an effective tool when looking at NFL betting lines.
Playing the money line is picking a team to win the game straight up, no points are involved. If the team you pick (favorite or dog) from NFL betting lines wins the game outright, you win your bet. If the team loses, you lose your wager. Most of the time people always want to bet the favorite from NFL betting lines, whether it is laying the points or on the money line.
The problem with this way of thinking is that it doesn't always work when looking at NFL betting lines. Another disadvantage to taking all the favorites on NFL betting lines is the price. You always lay money when you take favorites on the money line. For example, let's say that Pittsburgh is playing at Cleveland and the Steelers are a 3.5-point favorite. The money line on this game would be approximately -180 on Pittsburgh and +160 on Cleveland.
For the underdog football betting fan money lines are definitely worth looking at. For the player that loves favorites in NFL betting lines, money lines are a quick way to lose a lot of money. Having said that, there are occasions where the money line is a good play regardless of it is a favorite or a dog. There are instances where you really feel an underdog is going to win outright and take the money line price. I understand that as well. For the most part though, money lines are not a good value bet because the juice is too high. Notice those previous examples and you will see a 20 to 60 cent difference in price. That is too steep a price to pay in terms of vigorish, which is why the money line is something that is tough to make money with on a regular basis. It does have its place as I said, but it is not the end all for making money in football betting. If you can pick out a few spots from NFL betting lines, particularly with underdogs, then the money line will be worth considering.