BETTING THE MONEYLINE PLUS

The simplest way of understanding the payouts of a moneyline bet is to follow this guide: Plus (+) odds show you how much you’ll win if you bet 100, and minus (-) odds will show you how much you have to bet to win 100. For example, if one bet $165 on -110 odds for the Los Angeles Dodgers, the winnings would sum to $315: $150 in winnings plus the original wagered amount of $165. 10 bet on Rams +148 would win 14.80 for a total return of 24.80. For example, if one bets $100 on +150 odds, the winnings include the original $100 wager plus the $150 winning.įor wins on a favorite bet, the wagered amount is divided by the odds and multiplied by 100 and added to the wagered amount. Underdog wins are easier to determine because the books list the odds as a function of $100 wagers. How Is A Moneyline Payout Calculated?Ī book calculates a moneyline payout by the ratio of odds to wager on top of returning the money wagered. A Money Line or straight up wager is a bet on the outright winner of the game or event, without any point spread odds. Moneylines are calculated according to the probability of each team winning, based on the circumstances given. The odds are listed in a positive format and represent the payout for betting $100. Its a bet on which team will win the game, match, or contest. In contrast, betting on the underdog will almost always turn a profit. A moneyline bet is one of the simplest bets a sports bettor can make. If one bets $100 on the favorite, the resulting payout upon a win will be a proportion of $100 back, as all favorite odds require more than $100 to be risked in order to generate $100. The favorite odds are how much must be bet to turn $100.

The result of betting $100 depends on the odds and the team bet on. What Happens When You Bet $100 On A Moneyline? Betting on the winning team will ensure a payout. In sports betting, the numbers are displayed as a positive for the underdog and a negative for the favorite. The moneyline is simply the odds of winning for each team. If a favorite is much better than the underdog, the. In sports with occasional or frequent ties, including soccer betting, a tie (or draw) is also offered. In most cases, there are only two outcomes: Team (or Player) A wins or Team (or Player) B wins.

The favorite is assigned a moneyline based on the probability of victory. A moneyline bet also written as moneyline or ML is placed on an outcome of one event. The winning margin does not matter here as it does with point spreads your chosen team just needs to win. Mo*ney*line What Is The Definition Of Moneyline In Sports Betting?ġ. Moneyline betting is when you choose a team to win a game, whether it be the favorite or the underdog.

Betting the moneyline