The moneyline is the most basic type of wager in sports betting. It’s incredibly simple – you just need to choose the team/player to win. If you choose the winning side, you win the money. If your selection loses, you lose your stake. It’s as simple as that!

Due to its simpleness, this bet is used by literally every online sportsbook out there. A bookmaker might decide to leave out some bet types from its offer, like corner bets, half time bets, and so on. However, you can be certain that the moneyline bet is going to be there no matter what.

Apart from being simple, there’s another reason why all sportsbooks have this bet in their offer. The moneyline wager can be used in literally all sports. Football, basketball, tennis, MMA – you name it!

Still, despite the fact that all online sportsbooks have the moneyline bet in the offer, it doesn’t mean all of them are good enough for you. There are some moneyline betting sites that are simply better than the rest.

Moneyline Betting Sites

Finding the best moneyline sportsbook basically means finding the very best sports betting site in the world. And such sportsbooks are good in all aspects, from a user-friendly interface to attractive odds.

Speaking of the odds, I’ve decided to dig a bit deeper into this subject. My goal was to find out which sportsbooks offer the best odds for moneyline bets. After doing thorough research, I was able to pick out the ones you see in the table below.

• The money line is actually the most straightforward bet you can have on any sport. Whilst the spread bet is on a team to win and by how many, the money line is a bet on simply a team to win. Money Line – How it Works Here is a typical money line for a game in the NFL.
• Moneyline betting is pretty straightforward and involves betting on who is going to win. Unlike points spread which is based on who wins and by how much, a moneyline bet does not consider points spread.

What is the Moneyline? A moneyline bet is picking which team will win a game. There is no spread or line associated with this bet, although the odds and payouts will alter based on which team is the favorite or perceived better team. But at it's core, all you have to do is pick who wins. Moneyline bets present the most straightforward way to wager on a sports contest. A moneyline wager simply asks the bettor to choose which team will win a game, with no point spread involved. The payout odds on the favorite and underdog can differ significantly on a moneyline bet. What Is a Moneyline Bet? A moneyline bet simply involves you picking one of two teams to win the game. No catch, no angle, just the right answer or the wrong answer. Each team/person in a matchup for a moneyline betting option is given a separate numerical value for bettors to wager on and these are called “odds.”.

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What is Moneyline Bet?

By definition, a moneyline bet is the one in which you put your money on the team/player you think is going to win. It basically means picking one side. And that’s exactly what sports fans are doing when watching any game. Even when you’re not betting, you do cheer for one side to win.

For this reason, it’s not surprising that the moneyline bet is the most popular type of wager in sportsbooks. I’m not talking just about online sportsbooks but the old-fashioned retail books as well.

This bet is popular around the world, although it’s not called the same everywhere. In America, the moneyline bet refers to any type of bet that deals with the outcome of the game. In Europe, the moneyline bet is often used synonymously with the match-winner bet.

Furthermore, some European bookmakers used the term moneyline only for betting on the outcome of sports where a draw is not a possibility.

What Is a Two-Way Moneyline?

As its name suggests, the two-way moneyline has only two possible outcomes. You can bet on Team A to win or on Team B.

To explain how this bet works, I’m going to use an example. For this, let’s go to America and focus on an NBA game between New York Knicks and Atalanta Hawks.

If you go with a two-way moneyline bet for this event, you have two betting options before you, namely:

1. New York Knicks to win

2. Atalanta Hawks to win

According to the rules of the NBA, if a game finishes in a draw after the regular time, overtime is played. What this means is that with the two-way moneyline bet, a draw in the regular time doesn’t mean anything.

However, it’s not always like this. There are some sports in which a draw is one of the possible outcomes. For instance, in football, league games that end in a draw, do not go to overtime. So, how does the two-way moneyline bet function in that case?

What if the game finishes in a draw? In that case, the bet is cancelled, and you get your stake back. This makes the two-way moneyline practically the same bet as DNB(draw no bet).

This is the reason why in sports with three possible outcomes, the two-way moneyline is not very commonly used. Instead, bookmakers usually refer to this bet as the DNB. However, this doesn’t mean sports like soccer and similar never have any moneyline bets. They do, the three-way moneyline a.k.a. match-winner is used for those sports.

What Is A Three-Way Moneyline?

Most European sportsbooks use the term match-winner for this bet. However, apart from picking the winner of the game, you also have the option to bet on a draw. This is why I think the three-way moneyline bet is a much more appropriate term.

In American sportsbooks, moneyline is used to refer to the type of bet in which you can pick one of three selections – Team A, Team B, or Draw.

Let’s say Real Madrid is playing Barcelona; these are your potential options for this bet:

1. Real Madrid to win
2. Barcelona to win
3. Draw

But, what if the game is played as a part of Copa Del Rey or some other knock-out competition, in which extra time is played if the score is even after 90 minutes?

What matters with this type of bet is the outcome of the regular time. If the game goes to overtime, it means that those who picked ‘draw’ have won the bet.

Moneyline Bet Compared to Other Types of Bets

Moneyline is similar to several other wager types, like point spread bets and the double chance, but it’s definitely not the same. Each of these bets has its own advantages, and I’m now going to discuss all of them.

Moneyline vs Double Chance

In three-way moneyline, you can bet on a draw. In two-way moneyline, you can’t. If a draw happens, you get your stake back. This makes the two-way moneyline a different type of bet to double chance.

With double chance, you can bet on Team A/Draw, in which case, you win if either your team wins or a draw happens. Your winning is calculated by multiplying your stake with the odds. This formula is used for either case.

For instance, if you’ve bet 100 euros on a double chance bet on Real Madrid/Draw at 1.50 and the game finishes 0:0, you’re going to get €150. The same would happen if Los Blancos won the game. Free pop slots free chips.

With the two-way moneyline, your winning equals your stake times the odds. However, you get this only if the selection you’ve backed actually wins. Let’s say you put €100 on Real Madrid moneyline at 1.85. If the game finishes in a draw, you’re going to get your €100 back. If Los Blancos win, you’re going to get €185.

Moneyline vs Point Spreads

What is the spread in betting? Unless you know the answer to this question, you cannot be sure of how this bet differs from the moneyline.

In a nutshell, betting the spread means backing a team not only to win but also to cover the point deficit given by the bookmaker.

Kansas City Chiefs vs Washington Redskins – let’s take this NFL game as an example. You think the team from the US capital is going to win and the bookies agree. Their odds on the moneyline bet are only 1.10.

Obviously, that’s not too lucrative of an option, so you might want to spice it up. Instead of going with the moneyline, you can go with the bet spread.

If you bet on spread Kansas City Chiefs -9.5, you will get much better odds. The only problem is that the chance of winning this bet is not that good as with the moneyline.

For your point spread wager to be a winning one, the Chiefs need to win the game with at least 10 points difference.

Moneyline Odds Explained

In sports betting lingo, the term ‘moneyline’ is not only used for one particular type of bet. It’s also used to refer to a format of betting odds.

The moneyline betting odds are used by default in US sportsbooks, which is why they’re often called American odds.

Unlike decimal odds, with which the winnings are calculated by multiplying them with the stake, the moneyline odds may seem a bit more complicated.

These odds determine potential winnings based on 100 bet options. Of course, you’re not required to make your bets in that amount. Instead, the moneyline wagering odds are just using that number to help the players understand which team/play is the favourite and which one is the underdog.

Speaking of which, the negative number is used for the favourite. It represents the amount you need to wager in order to win 100 euros.

For instance, Kansas City Chiefs -500 means that in order to win 100 euros, you would need to bet 500.

An important thing to remember is that the higher the number next to the minus sign, the bigger the favourite is.

On the other hand, positive numbers are used for moneyline betting odds on underdogs. The number represents the profit you will make if you make a €100 bet on that selection.

For example, Washington Redskins +500 means that if you made a €100 bet on this team to win the game, you would get €500 if they actually manage to beat the opponent.

One of the most common types of sports betting lines when wagering on a game is the moneyline. You will see moneyline odds for every game and every sport played for the most part. While some games that have a very large spread but stray away from offering a moneyline, it is still one of the most popular styles of betting. A moneyline is a type of straight wager where the bettor wagers simply on who will win the contest, straight up – without any spread involved.

The easiest way to think of moneyline betting odds is that you are only betting on who wins the game. It does not matter how many points or goals they win by, all that matters is who wins. If you see a - (negative) symbol then that team is the favorite and the team with the + (plus) sign is the underdog. Keep reading below to understand how moneyline odds work or visit the homepage of ExplainBettingOdds.com to read about odds in general.

Explaining The Moneyline For Super Bowl 55

Kansas City Chiefs -160
Tampa Bay Buccaneers +140

Moneyline Bet Calculator

It isn’t that hard explaining the Super Bowl moneyline. Take Super Bowl 55 between the Kansas City Chiefs and the Tampa Bay Buccaneers. The Chiefs are seen as the favorites with their line set at -160. This means that in order to make a $100 profit, $160 would have to be risked. Looking at the Buccaneers’ moneyline, it is at +140 which is an underdog. This means that a $100 bet would profit $140. Something to keep in mind when reading the moneyline is that when there is a minus symbol in front of the team, they are favored while if there is a plus sign, they are the underdogs.

Understanding How Moneyline Betting Odds Work

The moneyline is used exactly the same no matter what sport you are betting on. All you must do is select who you believe will with the matchup without any other thought behind you. By taking the favorite, a bettor would have to risk more money than what their expected return would be. Because there is no point spread involved to handicap the game, the oddsmakers and books handicap the payouts to ensure their book stays balanced. Betting on the underdog will result in a much better payout, as the oddsmakers have deemed this team less likely to lose. As you take action on either the favorite or the underdog and select the moneyline, a ratio of $100 is used to represent the payouts.

Seems pretty easy right?

Well, it's definitely easier than betting the point spread, in which a team has to cover a spread installed for a match up however you should know that moneyline wagers do not payout the same as a wager against the spread. Keep reading to learn more about payouts when betting on the moneyline.

Understanding Payouts When Betting On The Moneyline

The biggest differences on the moneyline though, aside from no point spread, is the payout. The idea behind a point spread is to bring the two teams in a match up to a more even playing field. If a team is better than the other, the points given by the favorite brings the underdog to a more even field. That is not the case on the moneyline.

Simply put, you will have to risk a whole lot more money on a favorite to profit. On the flip side though, if you bet on the underdog, the potential profit is a lot bigger on the moneyline than betting on the point spread. That is because the likelihood of the underdog winning is slim on the moneyline.

Explanation Of How Moneylines Work In MLB

• Atlanta Braves -300
• Philadelphia Phillies +200

This is an example of a moneyline you could see in Major League Baseball. The Braves are matching up with the Phillies, with Atlanta set as the favorite. You can tell Atlanta is the favorite because of the minus symbol. It is indicative of the amount that must be risked to return a profit. At -300, a $1 profit is made for every $3 risked on the Braves to win the game. On the other side, at +200, that is the same as saying 2/1. That means, for every $1 risked on Philadelphia to win the game, a $2 profit is returned. Moneylines are simply straight-up betting lines with no spread involved, which is why they can range quite significantly.

Article: How To Read MLB Betting Odds

Understanding The Moneyline In Football

• Denver Broncos -300
• Jacksonville Jaguars +300

Here in this example, the Broncos have been set in the role of the favorite, going off at -300 on the betting line. That means, for every $3 risked on Denver to win, a $1 profit is returned. So if you wager $30 on Denver to win, you stand to win $10. On the flip side, the Jaguars are set as a +300 underdog. That means for every $1 risked on Jacksonville, a $3 profit is returned. So if you were to wager $10 on Jacksonville to win, you would profit $30. So you can certainly see the disparity on the payout and why someone might want to take the Jaguars over the Broncos. Also, taking underdog moneylines in parlay bets can be huge for your payouts!

Article: How To Read College Football Betting Odds - How To Read NFL Betting Odds

Understanding The Moneyline Odds In The NBA

• Los Angeles Lakers +200
• Miami Heat -200

Here in this moneyline example for the NBA, the Lakers are matching up with the Heat. Miami has been set in the role of the betting favorite, going off at -200 on the betting line. As such, a $2 wager is needed to profit $1. So if you were to wager $200 on Miami, as $100 profit is returned if the bet is won. On the other side of the equation, the Lakers are in the underdog role. at +200, that is the same as 2/1. So, for every $1 risked on L.A to win, a $2 profit is returned. You can see a wide range of profits for a moneyline, because the underdog and favorite can be far apart straight up with no point spread.

Article: How To Read NBA Betting Odds

Bovada Sportsbook - Best Sports Betting Site For Betting On The Moneyline

Moneylines are one of the most popular bets that players get involved in. There are always teams that are expected to beat other teams. The margin of victory may be pretty wide. The big thing that sticks out here is how big of a favorite some teams are.

There plenty of moneylines that might show a team being a heavy favorite and if players bet against them, that is a very huge profitable opportunity. Upsets are always going to happen so this is where a lot of bread can be won. There are also toss-up games as well that many players take a stab at as well and end up cashing big on Bovada. This is the place to get when it comes to Moneyline bets regardless if its blowouts or close games.

BetOnline Sportsbook - Best Sportsbook With Great Moneylines

It's clear that BetOnline is one of the best sportsbooks for players and the moneylines that are offered are one of the main reasons why. There is news coming out all the time about teams prior to games and as soon as news drop that effects a team, it also affects the Moneyline on BetOnline.

This is what gives BetOnline a bonus over other sportsbooks because of the consistent update of Moneyline and always moving. Place your bet early could also be a great idea because of the news that could swing later on that week or day before matchup. BetOnline has it set up to where if any changes need to have done that is possible.

SportsBetting's Sportsbook - Lots Of Betting Odds When Betting On Moneylines

There are a number of things that SportsBetting sportsbook offers that makes it one of the better online sportsbooks for players. When it comes to picking some of these games with favorable matchups, the Moneyline does really determine how much players want to put down on these games. Most of the time, these games have the favorite that doesn’t really see players win a lot unless they put a lot of money down. When it comes to upsets, however, this is where players can have their lives change by just one pick.

Players with SportsBetting account have seen the Moneyline and have taken advantage of that the line because of the possible big payout. When you see a team like the Lions be underdogs against the Arizona Cardinals pull out the victory, only one thing is happening and that is big money is being handed out to all the players who took the chance on SportsBettting.

MyBookie Sportsbook - Money Line On MyBookie One of The Best

It is hard to find any sportsbook that has better moneylines that MyBookie. The way Moneyline works is very simple and most of the time it changes depending on what players are playing and are not. This often changes and sometimes in the favor of a player's bet. MyBookie is known for having a lot of people cash big when picking the Moneyline and the reason why is simple, their lines are better.

See the underdog betting like at (+115) is not bad but MyBookie will have that same under down with a Moneyline of (+130) which would win players more money if they were to bet on that underdog team. This is why shopping for lines is so important for all players. You can like a team to win a game and have decided you want to place a wager on them but once shopping around for lines, there is a big chance that you will find that MyBookie has the best moneylines.