What is a Moneyline Bet? | How to Bet | SBR (2024)

What is a Moneyline Bet?

A moneyline bet is a type of sports wager that involves picking which team or athlete will win a particular game or event. In contrast to point spread betting, where the underdog is given a handicap to level the betting odds, moneyline betting relies solely on the outcome of the game. The bettor simply selects the team or athlete they think will win and places a bet on that outcome.

Moneyline betting odds are represented by a plus or minus sign, indicating the odds of each team winning. A plus sign denotes the underdog, while a minus sign denotes the favorite.

Overall, moneyline betting is a simple and straightforward way to bet on sports, making it a popular option for both novice and experienced bettors alike.

The favorite

In moneyline betting, favorites are displayed using a negative number. The negative number indicates the amount of money you would need to bet in order to win $100. For example, if the moneyline odds for a particular team are -150, you would need to bet $150 in order to win $100 if that team wins. The negative sign indicates that this team is favored to win the game or event.

The size of the negative number indicates how heavily favored the team is. The larger the negative number, the more heavily favored the team is and the less money you would win if you bet on them. For example, if the moneyline odds for a team are -500, they are considered heavily favored and you would need to bet $500 to win just $100 if they win the game or event.

The underdog

Conversely, underdogs are displayed using a positive number. The positive number indicates the amount of money you would win if you bet $100 on that team and they win. For example, if the moneyline odds for a particular team are +200, you would win $200 if you bet $100 on that team and they win the game or event. The positive sign indicates that this team is considered less likely to win the game or event.

The size of the positive number indicates how much of an underdog the team is. The larger the positive number, the greater the underdog and the higher the potential payout for a winning bet. For example, if the moneyline odds for a team are +500, they are considered a significant underdog, and a $100 bet on them would result in a $500 profit if they win the game or event

Even or Pick 'em

A "pick 'em" in moneyline betting refers to a situation where the two teams or athletes are considered evenly matched, and there is no clear favorite or underdog. In this case, the moneyline odds for both teams or athletes would be exactly the same, usually represented by a moneyline of "Even" or "even money."

When betting on a "pick 'em" game, bettors must simply choose the team or athlete they think will win, with no handicap or point spread involved. In this case, the payout for a winning bet is usually even money, meaning that the bettor would win the same amount they wagered.

Pick 'em games can be exciting for sports bettors, as they often involve close matchups with no clear favorite or underdog, leading to a more unpredictable outcome. However, it is important to remember that even in a pick 'em situation, there is still a chance of a tie or a push, where the game ends in a draw or a margin of victory that exactly matches the point spread or handicap, resulting in a refund of the original wager.

How to Bet the Moneyline

To make a moneyline bet, follow these steps:

  1. Choose a sportsbook. Seek out a sports betting site of choice that offers moneyline betting on the sport and event you want to wager on. There are many online sportsbooks available –and we've done the legwork for you with our list of the best sportsbooks!
  2. Select the game or event. Find the matchup you want to bet on and identify the moneyline odds for each team, athlete or outcome.
  3. Choose your bet: Decide which team, athlete or outcome you want to bet on, then decide on the amount of your wager. Moneyline betting is straightforward: you only need to pick the winner of the game or event.
  4. Place your bet: Enter the amount you want to wager and confirm your bet. If you are betting online, follow the prompts to submit your bet. If you're betting in person, hand your bet slip to the cashier and make your payment.
  5. Wait for the outcome. Once the game or event is over, check the results to see if your bet was a winner. If your bet was successful, you will receive a payout based on the moneyline odds for the team or athlete you chose. If the bet was voided or a push, you'll receive a deposit in the amount of your original wager.

Moneylines vs. point spreads

Moneylines and point spreads are two of the most popular types of sports betting options, and each has its own advantages and disadvantages.

Moneyline betting is a straightforward way to bet on the outcome of a game or event, with no point spread or handicap involved. Bettors simply need to pick the winner of the game, and the payout is determined by the moneyline odds. Moneyline betting is popular for sports like baseball and hockey, where the final scores tend to be lower, and a single goal or run can make a big difference in the outcome of the game.

Point spread betting, on the other hand, involves a handicap or point spread that is added to the score of the favored team or subtracted from the score of the underdog. Bettors need to pick which team will cover the point spread, meaning that they will either win the game by more than the point spread or lose by less than the point spread. Point spread betting is popular for sports like football and basketball, where high scores and blowouts are more common.

Overall, the choice between moneyline and point spread betting depends on personal preference, the sport you are betting on, and the specific game or event. Moneyline betting is simpler and easier to understand, while point spread betting can offer more options and potentially higher payouts.

The three types of outcomes on a moneyline bet

The three possible outcomes of a moneyline bet are:

  • Win: If the team or athlete you bet on wins the game or event, you win your bet.
  • Loss: If the team or athlete you bet on loses the game or event, you lose your bet.
  • Push or tie: In some cases, the game or event may end in a tie or with a margin of victory that exactly matches the point spread or handicap. In this case, the bet is considered a push or a tie, and the original wager is refunded to the bettor. However, it is important to note that in some sports, such as soccer or tennis, a tie or draw is a possible outcome and may not result in a push.

Moneyline Line Shopping

Moneyline line shopping refers to the practice of comparing the moneyline odds at different sportsbooks to find the best value for a particular bet. Different sportsbooks may offer slightly different moneyline odds for the same game or event, and by shopping around and comparing odds, bettors can increase their chances of making a profit.

For example, if one sportsbook offers a moneyline of -150 for a favorite team, while another offers -130, it may be more advantageous for the bettor to place their wager with the second sportsbook, as they can potentially win more money with a lower risk.

Line shopping can be done manually by comparing the odds at different sportsbooks, or through the use of specialized tools and software that can quickly compare and identify the best odds. It is important to note that line shopping can be time-consuming and may require opening accounts at multiple sportsbooks, but it can ultimately lead to better profits over time.

What are Moneyline Parlays?

Moneyline parlays are a type of sports betting where multiple moneyline bets are combined into a single wager, with the potential for a larger payout. In a moneyline parlay, bettors must correctly pick the winners of two or more games or events to win the bet. The more games or events included in the parlay, the higher the potential payout, but also the higher the risk.

For example, if a bettor wants to bet on three football games, they could make a moneyline parlay by selecting the winners of all three games. If all three teams win, the bettor would win the parlay and receive a higher payout than if they had made three individual moneyline bets. However, if even one of the teams loses, the entire parlay is lost, and the bettor receives no payout.

Moneyline parlays can be an exciting and potentially lucrative form of sports betting, but they can also be risky due to the need to pick multiple winners correctly. Bettors should always be aware of the odds and potential payouts before making a moneyline parlay bet and should only include games or events that they have researched and feel confident in their selections.

What is a Moneyline Prop Bet?

A moneyline prop bet is a type of sports betting where the focus is on a specific event or outcome within a game, rather than on the overall outcome of the game. Prop bets, short for proposition bets, are wagers made on whether a specific event or outcome will occur during a game, such as the number of points scored by a certain player, the number of yards gained in a quarter, or the first team to score a touchdown.

A moneyline prop bet, in particular, is a bet on which team or player will win a specific prop bet. For example, a moneyline prop bet on the first player to score a touchdown in a football game might have odds of -110 for one player and +120 for another player. If the bettor correctly picks the player who scores the first touchdown, they would win the bet and receive a payout based on the moneyline odds.

Moneyline prop bets can add excitement to a game and offer a way to bet on specific events or outcomes within a game. However, they can also be more difficult to predict than traditional moneyline bets, as they often involve unpredictable factors such as individual player performance. Bettors should always do their research and have a good understanding of the odds and potential outcomes before placing a moneyline prop bet.

Moneyline Live Betting

Live moneyline betting, also known as in-play or in-game betting, is a type of sports betting that allows bettors to place wagers on a game or event that is already in progress. As the game unfolds, the moneyline odds can change based on the score, time remaining, and other factors. Live moneyline betting allows bettors to take advantage of these changes by placing bets on the outcome of the game in real-time.

For example, in a football game, a team may be a heavy favorite before the game starts with a moneyline of -300. However, if that team falls behind early in the game, their moneyline odds may change to +200. Bettors who believe that the team will come back to win the game can take advantage of the higher payout by placing a live moneyline bet on that team.

Live moneyline betting can add an extra level of excitement to sports betting, as bettors can adjust their strategy and place bets based on how the game is unfolding in real-time. However, it can also be more challenging than traditional pre-game moneyline betting, as the odds are constantly changing, and quick decision-making is required. Bettors should have a good understanding of the sport, the teams, and the odds before placing live moneyline bets.

What is a Moneyline Bet? | How to Bet | SBR (2024)

FAQs

What is a Moneyline Bet? | How to Bet | SBR? ›

If you bet on a positive moneyline (e.g., +200), you could win $200 plus your original $100 if your team wins. If you bet on a negative moneyline (e.g., -200), you would need to wager $200 to win $100, so a win would return your $100 plus $50 in winnings. If your team loses, you lose your $100.

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.

How does a moneyline bet work? ›

Put simply, it's a bet on which team or player will win a game or contest, regardless of the final margin. Unlike other types of bets, such as a point spread bet, a parlay or a teaser, moneyline bets keep it simple: if you place a straight bet on the winning side, you'll cash your ticket.

What is the moneyline on a $100 bet? ›

Underdogs are given plus moneyline odds, meaning a $100 bet would yield that moneyline's total if the underdog wins the matchup: +300 odds means a $300 profit; +550 odds means a $550 profit; +1200 odds means a $1200 profit.

Do you lose a moneyline bet on a tie? ›

Does Moneyline Void In a Tie? Generally speaking, a tie in an NFL game results in a voided moneyline bet. The only real exception would be a three-way market, where a tie is an explicit outcome that's available to bet in the market.

What happens if you bet $100 on a 140 money line? ›

If you bet $100 on a +140 moneyline, you're betting on an underdog to win the game. The +140 indicates how much money you stand to win based on a $100 bet. So if the team or athlete you bet on wins, you would win $140 profit in return, plus your original $100 stake. Therefore, your total return would be $240.

What is a negative money line? ›

Moneyline betting is where you pick the winner of an event or game. 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.

What is a +500 bet? ›

For example, if the odds for a particular team to win a championship are +500, this means that a bettor would receive a payout of $500 for every $100 they wagered if that team goes on to win the championship.

Can you cash out moneyline bets? ›

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.

How much would I win if I bet $100 on odds? ›

Decimal odds explained

For example, a $100 bet made at decimal odds of 3.00 would return $300 ($100 x 3.00): $200 in profit and the original $100 amount risked. A $100 bet made at decimal odds of 1.50 would return $150: $50 in profit and the original $100 amount risked.

What is a 3 way no push bet? ›

For sports like soccer and hockey that produce three-way lines, customers can use these to never get a push as a result. A three-way line introduces the possibility of a draw. If a bettor places a wager in the three-way market, the choices are Team A wins, Team B wins, or the draw. There cannot be a push.

What is a three-way money line? ›

A three-way moneyline bet has three different outcomes, win (either side) or a tie. You can win a three-way moneyline wager when the side you bet on is ahead at the end of regulation (wins in regulation) or by betting on the tie and having the match be tied at the end of regulation.

What happens if you lose a moneyline bet? ›

If you bet $100 and lose, you lost a full $100. However, if you bet $100 and won, you would not receive a full $100. The sportsbook would still take a small percentage of your winnings because you won with minus odds.

What is +500 money line? ›

For example, if the odds for a particular team to win a championship are +500, this means that a bettor would receive a payout of $500 for every $100 they wagered if that team goes on to win the championship.

What does 230 money line mean? ›

American Odds Formula For “+” Odds

The sportsbook would return $330 total to the bettor ($230 profit plus the $100 original bet). Another way to look at “+” moneyline odds; a (+230) line means you would have to bet $100 to win $230 profit on the bet.

What does moneyline 220 mean? ›

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 moneyline +185 mean? ›

The + tells us how much you would win betting $100, if you win of course. For example, a +150 moneyline would mean — if successful — a profit of $150. Similarly, if the Chiefs had a +185 moneyline, you would make $185 profit — $285 total — when betting $100.

Top Articles
New data: State prisons are increasingly deadly places
What Trump's guilty verdict means for the 2024 election
Craigslist Louisville Com
Mole Poblano: Το μυστηριώδες εθνικό πιάτο του Μεξικού - Παράδοση & συνταγή
Craigslist RI: Your Ultimate Guide to Finding Great Deals
New 2025 Dodge Durango R/T 20th Anniversary Plus For Sale in Langhorne, PA | Capital One Auto Navigator
Katie Price flaunts impossibly tight face and 'biggest' boobs on latest holiday
Sprinter Tyrone's Unblocked Games
Campbellsoup Okta
23 Kimball Rd, Wethersfield, CT 06109 - MLS 24046480 - Coldwell Banker
Rafael Nadal aims to shock the world once again
This Strawberry Margarita Will Transport You to Your Happy Place
Jigidi Jigsaw Puzzles Free
Backwoodz Atv Rentals Photos
Scott Neupauer Death
National Ice Cream Day 2024 deals and discounts
Create alerts on a chart
God Of War: All Greek Gods Still Alive During Ragnarök
Nonuforum Models
Fillable Job Application Forms In Adobe PDF And MS Word . Docx Adobe Fillable Job Application
Dee Dee Blanchard Murder: How Did She Die? Who Killed Her?
Abby Berner Telegram
Syfy West Coast Schedule
MY HAO Vietnamese Cusine & Sushi Nürnberg
Former Zags applaud Gonzaga's decision to leave WCC for reconstructed Pac-12
Viking Pizza Menu East Bridgewater
21 Best Things to Do in Woodland Park From a Colorado Local
Triển khai Luật Thủ đô năm 2024 vào cuộc sống Cú hích trong thu hút, trọng dụng nhân tài
Isablove
Page 2679 – Christianity Today
2019 BMW 5 Series 5 series 530i RWD for sale - Phoenix, AZ - craigslist
UC San Diego Named Nation’s 6th Best Public University by U.S. News & World Report
Staff | Morgan & Nay Funeral Centre
Lighthouse Diner Taylorsville Menu
450 jaar Leidens Ontzet: dit is er te doen op 2 en 3 oktober en zo kom je er
Local Collector Paying BIG BUCKS 4 Old Motorcycles kz 900 Kawasaki z1 - wanted - by dealer - sale - craigslist
Parallon Login Estub
Is Samantha Fish In A Relationship – Just Speak News
Splunk Stats Count By Hour
Willam Belli's Husband
Senior Personal Banker - Personal Banking Luxembourg - Banque de Luxembourg - jobs.lu
Local Dog Boarding Kennels Near Me
Tamilmv Proxy Site
Mlp Eg Deviantart
City Sweeties
Eaglecraft Minecraft Unblocked
John Wick 4 - película: Ver online completa en español
Climate Prediction Center - Seasonal Outlook
Xbbwkittyx
Clerk (Records Management & Office Services)
The Anderson Observer - Obits
Latest Posts
Article information

Author: Patricia Veum II

Last Updated:

Views: 6039

Rating: 4.3 / 5 (44 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Patricia Veum II

Birthday: 1994-12-16

Address: 2064 Little Summit, Goldieton, MS 97651-0862

Phone: +6873952696715

Job: Principal Officer

Hobby: Rafting, Cabaret, Candle making, Jigsaw puzzles, Inline skating, Magic, Graffiti

Introduction: My name is Patricia Veum II, I am a vast, combative, smiling, famous, inexpensive, zealous, sparkling person who loves writing and wants to share my knowledge and understanding with you.