Moneyline

Definition:

In sports betting, the moneyline is a bet on which team or player will win the game outright, with no point spread involved. Odds are expressed as positive or negative numbers, showing both the favorite and the underdog.

They serve two main purposes:

1. Provide a simple, straightforward way to bet on the outcome of a game.

2. Adjust payouts based on which side is favored or less likely to win.

Real-World Example

NFL Game: Dallas Cowboys vs. New York Giants

• Cowboys are –150 favorites (expected to win).

  • You’d need to bet $150 to profit $100 if the Cowboys win.

• Giants are +130 underdogs (less likely to win).

  • A $100 bet on the Giants would profit $130 if they pull the upset.