What Does Money Line Mean
What does moneyline mean? Moneylines are the simplest bets new bettors can make by picking the winner of a competition.
A moneyline is a sports betting odds in which you bet on one side to win outright. Moneylines are a two-way market involving a favorite and an underdog. Favorites have a higher implied probability of winning a game due to a number of factors, including skill, matchup factors and sometimes home-field advantage. Underdogs have lower win probability.
How to read moneyline odds. Sportsbooks calculate moneylines based on each team’s implied probability of winning the game. Moneylines are presented in American Odds format. Games that are expected to be close will have less variance between the two sides” money lines. In a college football game where Alabama is playing an FCS opponent, the Crimson Tide is a -10,000 favorite on the money line.
Moneyline favorites have shorter, more expensive odds and negative numbers.
Moneyline underdogs payout at a higher value than your wager due to their lower win probability.
What is a "pick em" moneyline? Sportsbooks set odds at +100 on either side of the competition. Sportbooks often attach a cost to such bets pushing them to -105 or -110.
What does Money Line mean? Draws and 3-way moneylines are money lines with a third option to bet on a draw. Draw is most common in soccer due to high percentage of games ending in a draws.
Buffalo Bills are the favorites to win the NFL. Los Angeles Rams are underdogs. San Francisco is a moneyline underdog. If Buffalo wins, anyone who bet the Bills at -135 on the money line would have won their wager.
How much you win depends on the moneyline odds you bet and how much money you wager. A $100 bet placed on a -250 moneylines favorite will return a profit of just $40. If you were to bet $ 100 on five moneyliners at -25 odds each and won three of them, you would lose $80 overall.
Moneyline betting is most often done in baseball, hockey, one-on-one sports like boxing and tennis. However, sports such as the NFL, college football, NBA and college basketball also see plenty of moneyline bets.
Golden State Warriors are moneyline favorites against Toronto Raptors. The Warriors have a slightly higher probability of winning the game.
Moneyline betting in baseball is the most popular way to bet on MLB odds. 28 percent of all baseball games are decided by one run. New York Yankees are -400 moneyline favorites to beat Detroit Tigers.
Moneyline parlays allow you to tie together multiple moneyline bets and wager a single amount for a larger possible payout. For a money line parlay to win, all of the picks involved in the paray must be correct.
Moneyline bets are most often made in soccer. Three-way bets allow you to bet on either a win or a draw. If the moneyline is -200, the team is the favorite and you must wager $200 to win $100.
