With moneyline betting, the odds are expressed in terms of a plus or minus sign, making it easy for even novice bettors to understand. And with the potential for big payouts on underdogs and favorites alike, moneyline betting can be an exciting way to add a little extra thrill to your sports watching experience.

So why not give it a try and see if you can predict the winner of your next favorite game or event? 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.

In moneyline betting, favorites are displayed using a negative number. 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. Conversely, underdogs are displayed using a positive number.

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. 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.

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.

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 for a favorite team, while another offers , 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.

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.

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. The Packers, one of the best teams in the NFL, are significantly better than the Chicago Bears, who are slightly below average.

If you wanted to bet on the spread odds for this match, Green Bay is a 7. But, suppose you had a feeling that not only is Chicago not going to lose this game by eight points or more, you actually think they have a legitimate chance to win.

In this scenario, you should be placing a bet on the moneyline odds. A spread bet on that match will approximately double your money, minus a small percentage.

Michigan is considered to be a much better team and is playing the game at home. What does that mean? Again, the minus sign is for the favorite, the plus sign is for the underdog. The odds we have been discussing so far have been American moneyline odds.

However, you may also encounter slightly different types of odds, like decimal odds or fractional odds. These are all terms that ultimately explain the same thing differently.

In converting moneyline odds for underdogs, you ignore the plus symbol and divide the number by , then add 1. In decimal odds, you would see Kentucky listed at This implies that their chance of winning, or implied odds, are approximately 9 percent.

To convert the moneyline odds of a favorite, you ignore the minus symbol and divide by that number, then add one, so in the case of Florida at , you would see the divided by , which equals 0. That would mean that for every dollar you bet on Florida, you would stand to win five cents in profit.

There are many different strategies associated with helping you win moneyline bets. Here, we will go through five of them starting from the easiest and working our way to more complicated: Betting small on big underdogs, finding value in the favorites, focusing on profits as opposed to wins, finding value odds, and betting futures.

Strategy 1. Make small bets on big underdogs. For instance, take an Oregon vs. Oregon St. game as an example. Oregon is a If you like Oregon St. However, if you think that Oregon St. Of course, the issue here is that large underdogs lose far more often than they win. So, what you might want to do here is place a series of bets on underdogs whose chances you like.

If you win two of the three bets, you will more than triple your investment. Strategy 2. Find the value in the favorites. Another moneyline betting strategy is finding value favorites. How do you find the value in a favorite?

By betting a favorite on the moneyline, you are guaranteed to be looking at a smaller profit. Any number higher than means you are wagering more than you can potentially win. But not all favorites are created equally.

Many times you want to place a bet on a favorite, but the spread is just too high. For example, the Browns play the Jaguars and are favored by 6. However you can find a moneyline of for Cleveland to win outright.

Strategy 3. Many times professional bettors brag about their winning records. Of course, everyone wants to win more than they lose, but the only thing that matters with moneyline bets is winning more than you lose. By nature, someone who frequently bets on underdogs will have a better record than someone who bets on favorites, but they might see less overall profit.

For example, Penn State plays Drexel in college basketball and Penn State is a serious favorite. Of course, Penn State is, hypothetically, going to win this matchup far more often than they will lose. But if one person always bets the Penn State moneyline and another bets the Drexel moneyline, then the person who bet the underdog would only need it to win once out of every nine times to come out ahead of the Penn State bettor.

Strategy 4. When you are considering betting on a game, before you even check out the line, write down your guess of what you think the line will be.

Then go check the lines and do this for as many games as possible. Guess all of the NFL lines on Sunday for the following week, for example. Generally, a savvy bettor will be in the ballpark, no pun intended, on many of these guesses.

But, if you find one or two games that stand out to you, those are the games you should be focusing on. Strategy 5. Futures moneyline betting can be both more fun than betting individual games and more profitable.

What are futures? Would you rather get your money in on, say, the defending Super Bowl champion Kansas City Chiefs to win the Super Bowl?

The numbers for futures bets go much higher, also. The potential winnings are far greater to root for a good, but undervalued, team to win it all than they are if you win a bet on the biggest underdog of the year, in a single game. The best bettor is an informed bettor, no one who just guesses or plays hunches will ever be successful in the long term.

The key to long-term success is to know the most important factors that go into analyzing and comparing the odds, and to use those when you are making betting decisions. Such key factors include picking a side in a game with no clear favorite, comparing odds between different sportsbooks, taking advantage of home field advantage, following line movements, being up to date on team news, and following trends in order to better pick futures.

Here are the seven most important things you need to know: 1. Pick a side in games with no clear favorite. Essentially, you are picking the winner of the game, with the chance to essentially double your money if you win.

The oddsmakers have determined that these teams are essentially even and you can actually find multiple lines where each team is favored. If you like the Louisville side of this matchup, you can pick them to win for as low as , essentially the lowest odds you can get for a favorite. However, if you like the Boston College side, you can get them for as low as Neither team has traditional favorite odds, but with the moneyline close to , you are just picking the winner of a very close matchup.

Compare the bettings odds between different sites. One of the great things about betting on sports these days is that there are dozens of options to place your bets. This means that if you are willing to do the research, you can compare and contrast the moneyline odds on the same games and find some incredible values.

In every sports book Kansas is a major underdog, but you can get four different numbers at different sites. By finding the best number available, you can often increase your profits by double-digit amounts.

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.

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 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, Odds and Examples Looking for a simple and straightforward way to bet on your favorite sports teams or athletes?

What is a Moneyline Bet? The favorite In moneyline betting, favorites are displayed using a negative number. The underdog Conversely, underdogs are displayed using a positive number. How to Bet the Moneyline To make a moneyline bet, follow these steps: 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!

Select the game or event. Find the matchup you want to bet on and identify the moneyline odds for each team, athlete or outcome. 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. 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. 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.

Betway Sports. Claimed by people this week. Visit Site. Read Betway Sports Review. Terms and conditions: Terms and Conditions apply. Which Sports Support Moneyline Betting? Lous Cardinals In this baseball matchup, the St. If you can spot upsets even decently well, moneyline wagers on underdogs can be profitable bets.

FAQs What is a moneyline bet? A moneyline bet is a wager on the outcome of an event. It is the simplest and most straightforward wager in all of sports betting. There is no point spread or any other advantage or disadvantage — you simply pick an outcome and hope for the best.

How does the moneyline work? Betting the moneyline requires you to pick a winning selection. If your selection wins, the sportsbook will pay the amount due when the final result has been confirmed. How does a moneyline payout?

Should I bet the moneyline? Moneyline bets are easy for beginners to understand, and they are also heavily used by professional sports bettors to rake in huge wins. The moneyline is the most popular bet in low-scoring sports like baseball and ice hockey, while the point spread is most popular in higher-scoring sports like football and basketball.

About the author. FanDuel and DraftKings , for example, will offer a money line option for basically any professional game being played. If you purchase a product or register for an account through a link on our site, we may receive compensation.

Sidelines Group provides sports betting and casino content to MLive, including game predictions, odds, analysis, and sportsbook and casino reviews to educate bettors. Please bet responsibly. If you have a gambling problem and are located in Michigan, call GAMBLER or or you can visit the Michigan Gaming Control Board's website.

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What is moneyline in betting and how to place moneyline bets? By Luke Lindholm. Moneyline meaning. BONUS CODE MLIVEMGM. CLAIM BONUS. BONUS CODE SLMLIVE San Francisco 49ers tight end George Kittle, right, gets past Arizona Cardinals cornerback Marco Wilson 20 and safety Budda Baker, on his way to scoring a touchdown during the first half of an NFL football game Monday, Nov.

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How to calculate money line odds. Football money line bets. Basketball money line bets. AZ CO CT D. Hockey money line bets. Vegas Golden Knights center Ivan Barbashev, left, tries to score on Florida Panthers goaltender Sergei Bobrovsky during the second period in Game 5 of the NHL hockey Stanley Cup Finals Tuesday, June 13, , in Las Vegas.

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