Money line bets do not use point spreads like straight bets do.
Instead, your job is to pick the winning team with no concern to the score.
Negative money lines indicate the amount of money needed to wager to win $100 in profit.
Positive money lines indicate the amount of money that can be won from a $100 wager.
How does a money line work?
What is Money Line? This is a type of betting line which lays out the amount a player must wager in order to win $100.00, or the amount the player wins on a wager of $100.00. There is no point spread or handicap in this line. In order to win a moneyline bet, the team wagered on simply has to win the game.
What does a +200 money line mean?
Money line odds – These are by far the most common form of odds in North America for sports betting. A negative money line represents the amount that you would have to bet to win $100 if you were correct. For example, a -200 money line means you would win $100 if you bet $200 and won.
How is Moneyline payout calculated?
Remember, divide 100 by the moneyline number and multiply that number by the size of your bet. Calculating the payouts for decimal odds is much easier than it is with moneyline/American odds.
How much does a moneyline bet pay?
A moneyline bet is on who will win the game, irrespective of the spread. In the above example, the minus (-) sign in front of the price means that the New York Giants are the favorites in this particular game. The -145 means that the bettor will win $100 for every $145 bet if his or her bet wins.