In the world of betting, “ML” stands for “Money Line.” This term is commonly used in sports betting to denote a wager on which team or player will win the game outright, without any point spread. Understanding ML bets is crucial for bettors who prefer straightforward win/loss outcomes.
Key Points | Details |
---|---|
Definition | Money Line (ML) is a bet on the outright winner. |
Odds Format | Displayed as positive or negative numbers indicating underdogs and favorites. |
Example | A -150 ML means you need to bet $150 to win $100 on the favorite. |
- Simplicity: No need to worry about points; just predict the winner.
- Risk vs Reward: Higher rewards when betting on underdogs.
- Popular Sports: Often used in sports like football, basketball, and baseball.
Understanding Money Line betting can enhance your betting strategy by focusing on straightforward wins rather than complex point spreads.