In betting, the term “moneyline” refers to a way of wagering on a game where the bettor simply picks which team or player will win. Understanding moneyline odds is essential for anyone interested in sports betting. Here’s what you need to know:
- Positive (+) Moneyline: Indicates how much profit you’d make on a $100 bet. For example, +150 means you’d win $150 on a $100 wager.
- Negative (-) Moneyline: Shows how much you need to bet to win $100. For instance, -200 means you’d need to bet $200 to win $100.
This type of betting is straightforward and ideal for beginners. Simply choose who you think will win, and if they do, you collect your winnings based on the odds provided.