
MONEYLINE BETTING HOW TO
’s video and text tutorial “How to Read Sports Betting Odds” discusses how to read betting odds in detail. A winning $100 bet with +100 odds pays $100. +100 odds means the sportsbook will pay even money on a winning bet. +250 odds mean you win $250 for risking $100.
MONEYLINE BETTING PLUS
180 odds mean you risk $180 to win $100.Ī plus number indicates how you win if you risk $100. It will frequently change moneyline odds to encourage betting on one side more than the other.Ī minus number indicates how much you risk to win $100. The sportsbook wants to balance its action. The odds next to each side or outcome indicate risk and win amounts. Your bet wins if you picked the correct winning team or outcome.Pick either side or a draw if it’s a 3-way moneyline. Pick either side if it’s a 2-way moneyline.Note the value for a tie or draw if it’s a 3-way moneyline. In rare cases, your bet might be canceled and refunded in the event of extreme weather, a scheduling error, or some other extreme circumstance. For example, if a soccer game results in a draw, anyone who bet draw wins. This bet is also known as a “Draw, No bet”.ģ-way moneyline bets cannot push because a tie or draw outcome has its own moneyline. This doesn’t happen much when sports like football, basketball, hockey, and baseball have extra playing time or shootouts to determine a winner. When does the Moneyline Bet Tie or Push?Ģ-way moneyline bets push when the game results in a tie. A bet on either team wins if they win outright. Neither side is the favorite or the underdog. In this case, the sportsbook considers both teams equal competitors. Sometimes, both sides will have -110 odds. Similarly, a bet on a tie or draw wins if the game results in a tie. A bet on the underdog wins if they win outright. A bet on the favorite wins if they win outright. How does the Moneyline Bet Win or Lose?įavorites will have minus moneylines. Bet on a tie just like you would bet on either side. This is common for soccer and hockey games where point scoring is limited. Many sportsbooks offer a moneyline for a draw or tie in addition to the moneylines for each side.

Two, it balances the sportsbook’s action. One, it rewards moneyline bettors relative to the risk they took. On the other hand, bettors taking the underdog will risk less money for a smaller payout. Bettors taking the favorite will risk more money for a smaller payout. The stronger side is called the favorite. Most sports matchups have a stronger and weaker side. This bet is also known as a “Draw, No bet”. Odds for each side determine risk and win amounts. Some sportsbooks offer moneylines for quarter, half, period, or the first 5 innings of a baseball game. A moneyline bet is placed on a team or side to win the game outright.
