What does +200 on the money line mean?
A +200 money line would mean that if you placed a $100 bet, you would win $200. It also tells you that the team is not expected to win, as it is the underdog in the game.
Betting on favourites against the spread results in better payouts than when taking the moneyline. With underdogs, covering the spread requires winning the contest or losing by a less than the point spread.
What's great about moneyline bets is that they are not only simple enough for beginner sports bettors to understand and utilize properly, but they are also heavily used by professional sports bettors to rake in huge wins every single day in sportsbooks all across the world.
A moneyline is a set of sports betting odds in which you bet on one side to simply win outright. Oddsmakers set the moneylines based on each side's chances of winning the game or event. Moneyline odds are very popular with new sports bettors because you're simply picking which side will win.
Gamblers placing $100 down on a +140 line have the chance to win a total of $140. They also receive the original $100 to place the bet. If $100 is put on a +140 line and it's a loss, no money goes back to the player.
When you bet on a moneyline, you're merely picking one side of the bet to win. If the athlete or team you put your money down on wins, you get paid out at the posted sportsbook odds. You don't need to worry about the point spread or over/under total; all you need to do is pick the winning side.
What Does It Mean When Odds Are Negative? Negative numbers (in American money line odds) are reserved for the favorite on the betting line and indicate how much you need to stake to win $100—you generally need to put down more to win $100 on the favorite.
When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game. That number also indicates how much money you need to bet/spend in order to win $100. For example, a -220 moneyline means you need to bet $220 in order to win $100 provided the team you bet on actually does win.
If you place a bet on the moneyline, that means you think the team you bet on will win the game. If they win, you win, no matter the score. While a point spread requires the team you bet on to win by a specified margin, moneyline does not.
NFL moneyline betting FAQs
How often does the moneyline favorite win in the NFL? Since 1985, NFL moneyline favorites have won 66.5 percent of the time. Moneyline favorites finished 188-88-1 SU (67.1%) during the 2020 NFL season.
Do you pay juice on Moneyline?
Standard juice is considered to be -110. This is known as 10-cent juice. This means that for every dollar you wager on a spread, moneyline or over/under bet you have to pay a fee of 10 additional cents to the sportsbook.
Negative odds denote favored teams. This also means that your wager won't profit as much as it would if it was a positive number although you're more likely to win the bet. For instance, a $100 wager on +220 odds would return a profit of $220.
Pushes on moneylines in parlays work the same way as spreads — that parlay leg is removed, and the rest stands — assuming that betting the tie wasn't an option. In soccer, it's common to bet three-way moneylines, meaning a tie is a loss.
There's no winner or loser for the wager. For games that end up tied, such as an NFL regular season game that's not settled during overtime, the end result is the same. If you had bet on the moneyline for that game, your bet is a push but the spread will have a winner.
The Money Line: Odds for a game based on $1.00 A "minus" (-) preceding the number indicates the team is a favorite. A "plus" (+) preceding the number indicates the team is an underdog.
Just remember this: a minus-sign means you have to bet that amount to win $100. A plus-sign means that you win that amount if you bet $100. For Mayweather at -800, you have to wager $800 for every $100 you have to win. For Guerrero at +500, you would win $500 on a $100 winning bet.
If a team was at +140, that means you only have to risk $1 to win $1.40 or $100 to win $140. The key thing to keep in mind is that the payouts are constant regardless of how much you bet. To figure out the exact amount of risk/return, just divide the moneyline by 100.
- Convert the American odds to decimal odds.
- Multiply all the decimal odds together.
- Multiply the result by your bet amount.
- Subtract your original stake to get the parlay odds.
A winning even money bet will return exactly the amount staked in profit, plus the original stake. So you basically double your money.
To put it in simple terms, money line parlays take the amount of your bet and place all of the money on one team and if that team wins, recalculates your bet amount on the next team, again placing your entire wager on that team. For example, say a bettor likes the Los Angeles Dodgers +160 and the Chicago Cubs -130.
What does money line mean?
A moneyline bet is the simplest and most straightforward wager in all of sports betting. It is a bet that has potentially two or three outcomes depending on the sport. When there are two players or teams listed on a moneyline bet, bettors are choosing one player or team to win.
The “-” odds show how much you'd need to bet to win $100. For example, if you see the odds are -120, that means if you wager $120, your potential profit is $100 (plus your original stake). The “+” odds show the amount of money you'd win if you bet $100.
- Convert American odds to decimal for each bet. For a + sign, divide the odds by 100. For a - sign, divide 100 by moneyline. Add 1 to each result.
- Multiply all decimal odds together to find the parlay odds.
- To determine the payout, multiply the result by the wager.
For favored bets, the bet odds will start with a negative number and they tell you how much you need to bet to win $100. If the odds are -110, a common number for a bet involving a spread, you would need to bet $110 to win $100. If your odds are -200, you would need to bet $200 to win $100.
In two-way moneyline betting (no draws), overtime is included. However, in three-way moneyline betting where there is a draw (tie) option, overtime does not matter as the three-way bet is settled after 60 minutes.
Tennis is one of the easiest sports to predict. For beginners, tennis is the best sport to predict the winner as there are no draws. It can be called a game sport. Tennis occurs very seldom, which makes it challenging for the predictors.
Parlays most often include moneylines, spreads and totals, but some sites do allow for props and futures markets to be included in these bets as well. By nature, parlays make bets more profitable because there are multiple sides, and each one added increases the potential profits.
- College Football (97.83% OPT. ROI SCORE)
- NFL (90.2% OPT. ROI SCORE)
- College Basketball (36.91% OPT. ROI SCORE)
- NHL (12.39% OPT. ROI SCORE)
- NBA (10.33% OPT. ROI SCORE)
- MLB (8.81% OPT. ROI SCORE)
While prices vary depending on the sport and betting option, the most common juice amount is ten cent pricing (-110). On every $110 wager, bookies pay out $100 to the winning side and collect $110 from the losing side.
Parlays and juice - YouTube
What is a 3 way moneyline?
A typical moneyline wager asks you to pick which side will win the game. A three-way moneyline asks you to pick one of the two sides as the winner or if the game will end in a tie.
Playing the Money Line is equivalent to picking a team (favorite or underdog) to win the game straight-up. Unlike my nfl picks against the spread, for this type of bet, there is no spread. If the team you pick wins the game outright, you win your bet. If the team loses, you lose the bet.
What does a $20 two team parlay pay? A $20 two team parlay pays $72.89 assuming both legs of the parlay were bet at -110 odds. This would result in a profit of $52.89.
A moneyline is simply a bet type that only includes Odds, as in “Odds to win”. Example: a moneyline of +150, is just +150 odds ($100 to win $150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to win $100) for the listed team to win.
Regardless of your bankroll or risk tolerance, a single or straight bet is consistently the best way to wager on sporting events. Multi-team parlays, teasers, and props can be fun, but they are part of a lottery mentality, trying to bet small and win big.
If any of the bets in the parlay lose, the entire parlay loses. If any of the plays in the parlay ties, or "pushes", the parlay reverts to a lower number of teams with the odds reducing accordingly.
If the over-under hits on the exact number, that's called a push. There is no winning bet, and all wagers are refunded to bettors no matter whether they took the over or the under.
The three-way moneyline allows for you to get less juice on the favorites, with a caveat that if the match ends level at the end of regulation, there is no push, but rather the bet loses.
Probability: divide chances of winning by the total number of chances available . For example, if you buy one ticket for a raffle with 100 tickets sold, you have one possible chance at a win, with 100 possible chances overall. Your probability of winning is 1/100.
To win $100 on a -160 favorite, you would need to risk $160. What does +700 mean in betting: If a team is +700 in a game, it means they are underdogs with 7/1 odds of winning. A $100 winning bet would pay out $700. What does +900 mean in betting: If you wager on a team at +900 you would win $900 for every $100 you bet.
How do MLB money lines work?
Baseball odds are shown using a "Money Line." The Money Line: Odds for a game based on $1. A "minus" (-) preceding the number indicates the team is a favorite. A "plus" (+) preceding the number indicates the team is an underdog.
Line or Handicap Betting
For example, if a team is listed as -5.5 points, then your Bet will win if your team wins by 6 points or more. If a team is listed as +5.5 points, then your Bet will win if your team loses by 5 points or less or wins the game.
Moneylines. In baseball, betting on the moneyline is simply betting on who will win the game. For example if the moneyline has St. Louis at +150 and Cincinnati at -170, Cincinnati is the favored team and you would need to bet $170 just to win $100.
Baseball wagering is based on a money line, which means laying or taking money odds. Unlike poinstspread bets, the payoff on a winning selection varies according to the odds. Baseball odds are expressed as 3-digit money line. All money lines are based on $100.
In the simplest terms, a negative spread indicates the favorite, which is the side that's expected to win the matchup. A negative point spread really means that team has some work to do. For a negative spread bet to hit, the team has to beat its opponent by a margin greater than the point spread.
How do Run Lines Work in MLB Betting? With a run line, the standard spread is always 1.5 runs. The favorite will be -1.5 runs and will need to win by two or more to be graded as a successful bet. The underdog is +1.5 and will have to win the game or lose by just a single run to earn a payout.
A moneyline is simply a bet type that only includes Odds, as in “Odds to win”. Example: a moneyline of +150, is just +150 odds ($100 to win $150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to win $100) for the listed team to win.
A moneyline bet is the most basic wager in sports betting. In the simplest terms, it is a bet on which team will win a game. There's no point spread and no conditions.
Point spreads involve a winning margin. If you bet on a favorite, they need to win by more than the assigned spread. For example, if a spread is (-7.5) points, your team needs to win by eight or more. If you bet on an underdog, they can lose by fewer than the assigned spread or win outright for you to win.
NFL moneyline betting FAQs
How often does the moneyline favorite win in the NFL? Since 1985, NFL moneyline favorites have won 66.5 percent of the time.
What is a money line parlay?
In simple terms, moneyline parlays take the amount of your bet and place all the money on one team; if that team wins, your bet amount is recalculated to place the new entire wager on second team.
- The favourite doesn't always win. ...
- Don't just stick to one bookmaker – shop around. ...
- The fewer selections, the better. ...
- Avoid the temptation of odds-on prices. ...
- Consider the less obvious markets. ...
- Make sure you understand the markets. ...
- Don't bet with your heart. ...
- Pick your moment.
Just remember this: a minus-sign means you have to bet that amount to win $100. A plus-sign means that you win that amount if you bet $100. For Mayweather at -800, you have to wager $800 for every $100 you have to win. For Guerrero at +500, you would win $500 on a $100 winning bet.
A team at +2.5 is getting 2.5 runs. The plus sign means they are getting 2.5 runs added to their final score. So if they lose 5-3, you add 2.5 runs to their total, and now the bet wins 5.5 to 5. You can also make it so the favored team can lose by up to two runs or that the underdog can win by three runs.
The team with -1.5 is the favorite, while the team that is +1.5 is the underdog. In this particular spread, the two teams are pretty close. Point spreads can vary, but this is one of the most common point spreads. It essentially means that the underdog pays out as the winner, but also if they only lose by one.