In online sports betting, moneyline bet is a type of wager in which the bettor places a bet on the outcome of a game or event, with the odds set in terms of money. In other words, rather than betting on the point spread (the margin by which one team is expected to win over another), the bettor simply bets on which team will win the game outright.

The odds for a moneyline bet are expressed as a positive or negative number, with the positive number indicating the amount of money that the bettor would win if they bet $100.

For example, if the moneyline odds for Team A are +150, that means that if you bet $100 on Team A to win and they do, you would win $150 in addition to your original $100 bet, for a total payout of $250. On the other hand, if the moneyline odds for Team B are -200, that means that you would have to bet $200 to win $100 if you bet on Team B to win.

Moneyline Bet Odds

The odds for a moneyline bet are typically expressed as a positive or negative number. The positive number indicates the amount of money that the bettor would win if they bet $100, while the negative number indicates the amount of money that the bettor must bet in order to win $100.

For example, if the moneyline odds for Team A are +150, that means that if you bet $100 on Team A to win and they do, you would win $150 in addition to your original $100 bet, for a total payout of $250. On the other hand, if the moneyline odds for Team B are -200, that means that you would have to bet $200 to win $100 if you bet on Team B to win.

The moneyline odds can vary significantly depending on the perceived likelihood of each team or individual winning the event. Generally, the team or individual with the lower odds is considered the favorite, while the team or individual with the higher odds is considered the underdog.

Moneyline Bet Do’s and Don’ts

Here are some do’s and don’ts for making moneyline bets:

Do’s:

• Do your research: Before placing a moneyline bet, it’s important to do your homework and gather as much information as possible about the teams or individuals competing in the event. This can include researching their recent performance, analyzing their strengths and weaknesses, and considering any injuries or other factors that may affect their chances of winning.
• Shop around for the best odds: Different sportsbooks and betting platforms may offer different moneyline odds for the same event. It’s a good idea to compare the odds at different sites to see which one is offering the best value for your bet.
• Consider the payout: In addition to the odds, it’s also important to consider the potential payout for a moneyline bet. A higher payout may be worth the risk of betting on an underdog, while a lower payout may make it more appealing to bet on the favorite.

Don’ts:

• Don’t bet more than you can afford to lose: It’s important to remember that all bets carry some level of risk, and there is no guarantee that you will win your moneyline bet. Be sure to set a budget for your betting and stick to it.
• Don’t chase your losses: If you’ve lost a moneyline bet, it can be tempting to try to “make up” for the loss by betting even more. However, this is a dangerous mindset and can lead to even bigger losses. It’s important to remain disciplined and stick to your betting plan.
• Don’t let your emotions guide your betting decisions: It can be easy to get caught up in the excitement of a game or event, but it’s important to stay level-headed and make betting decisions based on facts and analysis, rather than emotion.