A moneyline bet is a straightforward wager on which team or player will win a particular game or event, without considering the margin of victory or other factors like point spreads
. It is one of the simplest and most traditional forms of sports betting.
How Moneyline Betting Works
- You pick the winner of the game or match.
- If your chosen team or player wins, you win the bet; if they lose, you lose the bet
- In some sports like soccer or boxing where draws are possible, there may be a third option to bet on a draw or a "draw no bet" option where the draw is excluded
Understanding Moneyline Odds
- Moneyline odds are expressed with positive (+) and negative (-) numbers.
- A negative number (e.g., -150) indicates the favorite and shows how much you need to bet to win $100. For example, -150 means you must bet $150 to win $100
- A positive number (e.g., +130) indicates the underdog and shows how much you will win if you bet $100. For example, +130 means a $100 bet would win you $130
- The odds reflect the likelihood of each outcome and the payout you can expect.
Summary
- The moneyline bet is simply a bet on who will win the game or match
- The payout depends on whether the team/player is favored or the underdog, as indicated by the moneyline odds
- It does not involve point spreads or margins, just a straight win/lose outcome
In essence, a moneyline bet means betting on the winner, with odds that determine your potential payout based on the perceived strength of each competitor.
