The money line bet is the most common and most popular method of betting across all sportsbooks. A Moneyline wager lists odds in terms of cold hard cash, based on who you are backing to win the game.
If you were betting on the Patriots and their 3/1 odds, you would win $3 for every $1 you spend. So if you bet $50 on the Pats and they ended up winning the Super Bowl, you’d win $150 (plus your. In the world of sports betting, a money line bet is simply betting on which team you expect to win. It doesn’t have anything to do with a spread. You may also see a money line bet listed as “Money. Each team/person in a matchup for a moneyline betting option is given a separate numerical value for bettors to wager on and these are called “odds.” The numbers, or odds, are determined by oddsmakers and sportsbooks based on how the two opponents match up, and each number is displayed with a minus sign (-) or a plus sign (+) in front of it.
Odds can be expressed as a plus (+) or a minus (-). The number after that symbol tells you how much you need to lay down to win a hundred dollars.
So for example:
- Moneyline odds of -115 means you need to bet $115 to win $100…
- …while a positive odd such as +200 means you’ll get that amount for every hundred wagered.
Best Moneyline Betting Sites
The money line bet is the simplest form of betting in the industry. A “money line” bet is a way of betting on which team is going to win the game outright, or which individual will win an event. Money line bets can seem a little confusing at first, especially for the bettor who has traditionally wagered their money on the point spread. The money line is actually the most straightforward bet you can have on any sport. Whilst the spread bet is on a team to win and by how many, the money line is a bet on simply a team to win.
Simply speaking, if an online sportsbook doesn’t offer Money Lines then it’s not a sportsbook. Money line wagers have dominated the online gaming industry since the beginning of time. Canucks using our selection of top sportsbooks get sharp moneylines and great prices, both designed to return some of best payouts anywhere.
You can create an account on any of the sportsbooks below and be sure that you’ll always find your moneyline market offers plus some other exciting bet types when the moneyline ones aren’t so attractive.
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Extreme Sports Betting Zambia
Money Line Betting Odds and Payouts
Money Line bets are like spring weather in Halifax – all over the place. Depending upon the event and sport, a money line can be tilted in your favor, or the house could be forcing you to say “Uncle”. One of the most important things to note about Money Lines is public behavior can often alter a published line. As sportsbooks are looking to balance the action 50/50, if one side gets too much action, the prices will change to favor the lagging side.
So while you might want to back the favored Cowboys at -115 on Monday, come Thursday that might have moved to -125, meaning that you get less payout for the same wager! For this reason Money Line betting can be one of the most exciting and tantalizing betting options available to Canadian online sports betting fans.
Visit our bet types guide for more information.
In the world of sports betting, a money line bet is simply betting on which team you expect to win. It doesn’t have anything to do with a spread. You may also see a money line bet listed as “Money Line” or “ML” in different spaces.
Money lines are represented in negative and positive values.
Negative money line: -145, -220, or anything similar
When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game.
That number also indicates how much money you need to bet/spend in order to win $100.
For example, a -220 money line means you need to bet $220 in order to win $100 provided the team you bet on actually does win.
Heavy favorites are known in sports betting as a “chalk” pick. A heavy favorite usually has a number pushing +300 or more. Here, you’re wagering a lot on the favorite to win a little. Don’t assume that a heavy favorite, or chalk pick, is a guaranteed winner…
Positive money line: +145, +220, or anything similar
When you see a plus (+) sign in front of a price, it shows you that team is the underdog. 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.
For example, a +150 money line means you would win $150 for each $100 wager you place should that team win the game.
Money line examples:
Lets use an NFL example here:
New England Patriots -240
Miami Dolphins +220
To bet the New England Patriots to win on the money line, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. Your return would be $340 – the original $240 stake (bet) and the $100 bet profit.
To bet the Miami Dolphins to win on the money line, you would spend $100 on the bet for a chance to win $220 if the Dolphins, as the underdog, beat the Patriots. Your return would be $320 – the original $100 stake (bet) and the $220 profit.
Baseball Betting Lines Meaning
In both situations, it doesn’t matter if the team you bet on wins by one point or 100 points. You’re purely betting on the team you believe will win the game. As Al Davis said, “Just win, baby.” That’s exactly what you’d be looking for out of your selection. It doesn’t have to be pretty, it just has to happen or your original stake is lost.