How do you read a moneyline?

A moneyline is simply a bet type that only includes Odds, as in “Odds to win”. Example: a moneyline of +150, is just +150 odds ($100 to win $150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to win $100) for the listed team to win.

What does money line +1.5 mean?

This means that the underdog must win outright or lose by exactly one point to cover the spread. Alternatively, a +1.5 spread means that the favorite must win by two points, runs, etc. or more. The +1.5 is the standard “run line” in MLB betting.

How do you win on Moneyline?

Moneyline vs. Point Spread

Moneyline and point spread wagers differ in one significant way: With the moneyline, you're betting on a team or person to come away victorious. If that team or person wins, you win your bet.

Is Moneyline a win or loss?

Moneyline is when you bet on one of the teams to win, while a point spread is where you bet on a specific team to win, as well as how many points they'll win by or not lose by.

What does a 200 money line mean?

What does a +200 money line mean? A +200 money line would mean that if you placed a $100 bet, you would win $200. It also tells you that the team is not expected to win, as it is the underdog in the game.

Sports Betting: How to Read the Moneyline and Total

What does 400 moneyline mean?

The number reflects the stake needed to win $100. So, -400 means you must wager $400 to win $100. The underdog will have a plus sign with a number. This number reflects the potential winnings on a $100 stake. So, +400 means you would win $400 on a $100 wager.

What does 420 money line mean?

Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers. The number also indicates how much money would win in comparison to every $100 you wager.

Is Moneyline the safest bet?

Moneyline betting has the lowest returns on favorites while having the best returns on an underdog. Moneyline betting is best used when you see an underdog has the best chance of winning. Another reason people would bet on a Moneyline is if they are unsure of which team would win using the point spread.

Are moneyline bets good?

Are moneyline bets good bets? They're perfectly fine. Your bankroll, your call. It's not a long-term winning strategy to bet big on heavy favorites; after all, favorites lose all the time.

Is negative moneyline good or bad?

What Does It Mean When Odds Are Negative? Negative numbers (in American money line odds) are reserved for the favorite on the betting line and indicate how much you need to stake to win $100—you generally need to put down more to win $100 on the favorite.

How often does Moneyline win?

How often do moneyline favorites win in NBA? Over the past five seasons, 67.25% of favorites have been successful in the NBA regular season. Home favorites have a slightly higher success rate than those on the road, with 69% of home favorites winning compared to 64.4% of those on the road.

Does moneyline mean straight up win?

A money line is one of the most popular and also simplest forms of sports betting in which you pick a team or player to win straight up, without a point spread involved.

Is it better to bet moneyline or spread?

Betting on favourites against the spread results in better payouts than when taking the moneyline. With underdogs, covering the spread requires winning the contest or losing by a less than the point spread.

How to read odds?

Whereas negative (-) odds tell you what you have to bet on the favorite to win $100, positive (+) odds tell you how much you'll win for every $100 you wager on the underdog. So, a team with odds of +120 would payout $120 for every $100 wager.

What is a 3 way moneyline?

Three-Way Moneylines, Made Simple. Whereas a typical moneyline bet involves a bet on one of two options, three-way moneyline betting involves three options. When wagering on a three-way moneyline, you can bet either Team A to win, Team B to win, or for the event to end in a tie (sometimes referred to as a 'draw').

Which bet is easier to win?

Double chance bet: In this bet, you win money when any two from the three outcomes are obtained. It means, even draw match wins you money when you have placed money on the possibility of draw or lose. 1x2 betting with double chance proves easy when the strong team is meeting a weak team at home ground.

What is the minimum bet on Moneyline?

The minimum bet for any sporting event is $5. If your team covers the point spread, you win. The payout is usually figured at odds of 11 to win 10. For example, a wager of $11 would win $10 for a total payout of $21.

What is the safest type of bet?

Victory for the team considered the big favorite

It is considered the safest type of bet, even if the discussions are endless. Betting on the (clear) favorite team is appreciated and used by most players. However, it is good to look carefully, to distinguish between a valuable quote and one that involves too much risk.

What are 12 to 1 odds?

12-1 Betting Odds means that out of 13 possible outcomes, the 12/1 odds are that there will be 12 of one kind of outcome and 1 of another kind of outcome. The 12-1 odds calculation means for every 13 betting events your selection should win 1 time and on 12 occasions the selection will not win.

How do you convert moneyline to odds?

Odds conversion

If the moneyline is positive, it is divided by 100 and add 1. Thus, +400 moneyline is the same as 5.0 in decimal odds. If the moneyline is negative, 100 is divided by the absolute moneyline amount (the minus signed is removed), and then 1 is added.

How much do I win if I bet $100 on odds?

The odds indicate how many times your stake will be multiplied in your total payout. For example: A $100 bet at 1.50 odds will pay out $150 ($50 profit, plus your $100 stake).

How do moneyline bets pay?

When you bet on a moneyline, you're merely picking one side of the bet to win. If the athlete or team you put your money down on wins, you get paid out at the posted sportsbook odds. You don't need to worry about the point spread or over/under total; all you need to do is pick the winning side.

What are the best moneyline odds?

The best odds for betting favorites exists in the -150 to -200 range. These lines present an opportunity to win back decent money for your bet.

Is moneyline spread?

What Does Moneyline Mean in Betting? A moneyline bet is one of the easiest kinds of bets you can make at a sportsbook. Simply put, it means betting on a specific team to win a game. While betting on a point spread is about who wins and by how much, a moneyline bet is solely about who wins.

Is Moneyline same as match odds?

The easiest way to describe what a Money Line bet is, is to think of it as a “match winner” bet. If you place a Money Line bet and the team or person you have bet on wins, your bet will win. If the team or person you have bet on loses, your bet will lose.