In sports betting you often hear the term Moneyline being used, and if you’ve ever looked at an odds table in a sportsbook you’ll see these positive or negative three-digit numbers next to each team in a game.
In this video, we’ll explain what these numbers represent and what it means to make a moneyline bet.
When you make a moneyline bet you simply predict the winner of a game, race, fight, you name it. It is the simplest wager you can make and what you typically think of when you place a bet on an outright winner.
You can find a moneyline for practically every popular sport including NFL, MLB, Soccer, and so on.
To place a moneyline bet, select the number attached to the team you believe will win. A team that is favored will have a moneyline with a negative number.
Those numbers indicate the probability of that team winning and determine how much money you’d need to wager.
Let’s say the undefeated Bengals play the winless Browns. The Bengals moneyline could be -320. This means you’d bet 320 dollars to win 100 dollars. The Browns would be +250, which means you’d be $100 to win $250.
If you don’t see a moneyline for a particular game, it could mean that one team is an overwhelming favorite and the sportsbooks have chosen not to offer a moneyline bet.
So, next time you see a table with numbers like these you’ll know that you’d be looking at a games’ moneyline and that you need to pick the winning side when placing a bet.