A money line on a game, means that team needs to win that game for that bet to be a winner. If you are the bookie taking a +120 money line wager then you as the bookie would need that team to lose for you to earn the money from that bet. For example, if the Dallas Cowboys are +120 money line against the Philadelphia Eagles, that means the Cowboys are the underdog and have a smaller probability to win the game against the Eagles. If someone wagered $100 on the Cowboys money line of +120, then they would need the Cowboys to win the game outright for them to win that wager. If the Cowboys did win the game, then that person would win $120 from that wager.

If you are looking to be the bookie and accept wagers from people you know, it is important to understand how money lines work. However, you don’t need to know how to make a line or even know that much about being a bookmaker, because you can easily become a bookie by using a pay per head website.

What do the pay per head websites do?

A pay per head website is a service that caters to bookies, and they provide a professional style sportsbook website, where they post thousands of betting options each day, and they update all the odds up to the second. Then as soon as each game ends, they automatically grade all wagers and all player and agent balances get immediately updated. They handle all the bookmaking aspects for the bookie, and all the bookie needs to do is just find players that want to bet on the website.

Finding players is very easy by using word of mouth, and reaching out to all friends, family, schoolmates, coworkers, and social media friends, and seeing if they want to bet. Most people do bet in some form or another, and you can even offer them a small free play to get them going. A free play is just an amount that can be used to make a wager, and even if the player loses the bet with the free play, no money is deducted from their account, which is why it’s a free bet.

Then whatever the players win or lose from betting, you as the bookie will handle the payments directly with each player, and you keep all the profits from it. People who gamble, all lose over the long term, and people tend to lose a lot of money very quickly. So, the bookie is the one that earns all the profits from these bets. This is an extremely lucrative bookie business and the more players you have betting with you, then the more money you will earn each week as the bookie.

So, if you want to earn money from accepting +120 money line wagers, get set up with a top-rated pay per head website today.