What is a moneyline bet?

A moneyline bet is the simplest and most straightforward wager in all of sports betting. It is a bet that has potentially two or three outcomes depending on the sport. When there are two players or teams listed on a moneyline bet, bettors are choosing one player or team to win.

How does a moneyline bet work?

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 +200 mean on Moneyline?

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).

What happens if you bet $100 on a money line?

A moneyline bet would be a bet on -150 or +180. 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.

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.

What Is A Moneyline Bet? | NFL Betting Explained

Is a negative moneyline good?

Negative odds indicate favorites, and underdogs have positive odds. The range between the odds can indicate the closeness of the matchup in the eyes of the sportsbook, while the pricing may differ at competing sportsbooks.

Is Moneyline a safest bet?

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. This would give a smaller return over betting on the point spread but could be a less risky bet.

What does negative moneyline mean?

(1) The favorite

If the bet wins, the sportsbook would pay $250, which is the stake ($150) plus the win ($100). A favorite is always represented with a minus sign (-) on the moneyline.

Can you cash out on Moneyline?

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.

Can you lose money on a moneyline bet?

A moneyline bet is one of the easiest and most common bets in sports. All you do is bet on the team that you think will win. If they win, you get money, and if they lose, then you don't get any money. A tie, or push, will result in you getting your wager back without any winnings or losses.

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 +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 +180 mean in Moneyline?

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 is Moneyline vs spread?

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 a straight win?

So even when you're talking about placing a single-game wager, you are placing a straight bet. Betting a moneyline wager on a team to win the Super Bowl is considered a straight bet, as well as betting an over/under on any given NBA game.

What happens if you take Moneyline and they tie?

There's no winner or loser for the wager. For games that end up tied, such as an NFL regular season game that's not settled during overtime, the end result is the same. If you had bet on the moneyline for that game, your bet is a push but the spread will have a winner.

Do you have to bet $100 on Moneyline?

The sportsbook expects this team to win so the number is how much a player must pay to win $100. It's important to understand that these numbers are ratios, not hard numbers. You don't have to bet in $100 increments to participate in moneyline betting. Your potential payout will scale according to the size of your bet.

Does Moneyline cover over time?

“All bets include overtime unless otherwise stated.” Popular bets like full game point spreads, over/unders, moneylines and player props all include anything that happens in overtime.

Do you pay juice on Moneyline?

Standard juice is considered to be -110. This is known as 10-cent juice. This means that for every dollar you wager on a spread, moneyline or over/under bet you have to pay a fee of 10 additional cents to the sportsbook.

How often do moneyline favorites 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.

Is +200 a good bet?

Converting odds to a break-even percentage

If the odds are +200 that means the book is giving you the odds that the bet will come in one-third of the time. If you think the likelihood is higher than that, it is a good bet.

What does +3.0 mean in a spread?

The -3 points is the spread. If you want to bet the Colts on the spread, it would mean the Colts need to win by at least three points for you to win the bet. If the Colts win by two points, you would lose the bet because they didn't hit the key number of three.

Is it better to bet negative or plus?

The Money Line: Odds for a game based on $1. A "minus" (-) preceding the number indicates the team is a favorite. A "plus" (+) preceding the number indicates the team is an underdog. Bet Num.

Why would anyone bet on negative odds?

If the odd is negative (-), it means that the outcome is more likely to happen, and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.

What happens if you bet $100 on a 220 money line?

This would show as +7.5 for the point spread but something like +220 on the moneyline because they are perceived to be the weaker team. This would pay well if they upset the favorite. A $100 wager would earn you $220 profit.