What does +4000 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.

What does negative money line mean?

The negative number shows how much has to be risked to win a $100 payout. Thus, if the money line for the team that you picked was -400, it means that if you placed a successful $400 bet, you would gain $100 on payout. This means that the bettor would have risked $400 and ultimately gained $100.

What does money line +400 mean?

The Redskins are even heavier underdogs and are +400 on the moneyline. This means if you bet $100 you would profit $400.

What does plus 4000 mean?

Buster Douglas +4000. This was a classic boxing upset from 1990 and was seen as one of the biggest shocks in sporting history. Here the books had extreme lines. A wager of $5000 on Tyson would see a profit of just $100, and a wager of $100 on Douglas would see a profit of $4000.

What does a +150 money line mean?

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. Philadelphia.

The Moneyline Bet - Sports Betting Explained Series

What is a +100 money line?

Even/Pick 'em Odds

Sometimes you'll see moneyline odds listed at +100. This is called “even-money” odds. In these instances, oddsmakers believe the matchup is a 50-50 coin flip. Whatever you wager at +100 odds is the same amount you stand to win ($50 to win $50, $2,000 to win $2,000, and so on).

What does money line +180 mean?

For an example of moneyline betting odds, you can bet the Eagles as a -150 favorite to win or the Giants as a +180 underdog to win. If you bet $100 on the Eagles to win at -150, you would net a payout of $166.70. If you bet on the Giants to win at +180, the payout would be $280 because they are an underdog.

What does plus +200 mean?

When odds are expressed with a plus (+) or minus (–) symbol followed by a number. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 net profit + $100 initial stake).

Does Moneyline include overtime?

Moneyline 3-Way (Regular Season) – Bets include overtime if played (since regular season games can end in a tie with overtime). Moneyline 3-Way (Playoffs) - Bets do not include overtime. Settlement is based on the result at the end of regulation.

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.

What does money line +700 mean?

What does +700 mean in betting: If a team is +700 in a game, it means they are underdogs with 7/1 odds of winning. A $100 winning bet would pay out $700. What does +900 mean in betting: If you wager on a team at +900 you would win $900 for every $100 you bet.

Why would you bet a negative money line?

If you place a $100 bet at odds of +120 and that team goes on to win the game, your profit would be $120. Negative odds: When the odds are negative, the number equals how much you have to bet to get back $100 on a winning wager, such as $110 at -110.

What does money line plus 250 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.

Does negative mean I owe money?

A negative credit card balance is when your balance is below zero. It appears as a negative account balance. This means that your credit card company owes you money instead of the other way around. Typically, this happens when you've overpaid your outstanding balance or if you've had a credit returned to your account.

Are moneyline bets worth it?

Moneyline betting does have the potential of giving a nice payout. But in some cases, the Moneyline odds aren't worth it with teams that are heavy favorites. The Moneyline has the most reward with underdog teams that actually have a chance of winning.

Is negative money line better?

The Money Line: Odds for a game based on $1.00 A "minus" (-) preceding the number indicates the team is a favorite. A "plus" (+) preceding the number indicates the team is an underdog. Example: Bet No.

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 do you calculate moneyline payout?

To calculate a moneyline payout, you take the odds of the team winning and multiply it by your bet amount. The resulting number is your potential payout, not including the original bet.

How do you read a moneyline and spread?

What does +220 mean Moneyline?

Positive moneyline: +145, +220, or anything similar

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.

What does +240 mean on the moneyline?

In the example above, you'd need to bet $200 on the 49ers to win $100. If you see a plus sign (+) in front of the number, that indicates that it's the underdog, and again, the number after it indicates how much you'd win with a $100 bet. If you bet $100 on the Giants to win, and they did, you'd win $240.

What does plus 2500 mean in gambling?

If you were to bet $10 on +2500 odds you would receive $250.00 in profit if this outcome won. Odds accompanied with a positive sign (+) indicate that this is the underdog and this outcome will have a lower chance of winning compared to a favorite, however underdogs will yield a higher profit if they win.

What does plus 5000 odds mean?

If you were to bet $10 on +5000 odds you would receive $500.00 in profit if this outcome won. Odds accompanied with a positive sign (+) indicate that this is the underdog and this outcome will have a lower chance of winning compared to a favorite, however underdogs will yield a higher profit if they win.

Can you cash out money line?

Some sportsbooks offer Cash Out for moneyline wagers, point spread wagers, parlays and futures bets. The option to Cash Out is particularly useful if a bettor has a futures wager on a long shot that doesn't seem fit to finish as strong as they start.

Does money Line pay more than spread?

While a point spread requires the team you bet on to win by a specified margin, moneyline does not. However, point spread bets typically have odds somewhat close to even money, meaning you would win about as much as you bet if you won. Moneyline bets have a wide range of odds.