What Does ‘Moneyline’ Mean?
Moneyline is a type of wager where a bettor predicts the winner of a game directly, without any point spread. Favorites are indicated by a negative number, which represents how much a bettor must wager to win $100. Underdogs are indicated by a positive number, which represents how much a bettor will win if they bet $100.
Why is Moneyline Betting Popular?
Moneyline betting is the easiest to understand for new bettors because all you need to do is pick a team or an individual to win the game or the event. You can also add multiple moneyline selections into a parlay to increase the potential payout, while it’s also used as a basic indication by media outlets to show who is expected to win a game.
Best Online Websites for Moneyline Betting
How to Bet the Moneyline in Different Sports
Does it differ for per sport?
With some exceptions, how moneyline bets work is pretty much the same no matter the sport. Listed below are moneyline examples of some of the more popular sports, along with some important notes.
Baseball
| Team | Money Line |
|---|---|
| Tampa Bay Rays | +110 |
| Los Angeles Dodgers | -120 |
Notes: The moneyline is the most popular way to bet on baseball. In MLB betting, many sportsbooks will offer what is referred to as “dime lines”. Basically, dime lines are discount odds for the baseball bettor. Before choosing a sportsbook to bet on baseball, make sure that they offer dime lines as it will maximize your profits over the season.
Basketball
| Team | Money Line |
|---|---|
| Phoenix Suns | +165 |
| Milwaukee Bucks | -185 |
Notes: Like football, the point spread is the most popular way to bet on basketball. However, the moneyline is the second most common way to wager on basketball.
Hockey
| Team | Money Line |
|---|---|
| Montreal Canadiens | +205 |
| Tampa Bay Lightning | -235 |
Notes: In hockey betting, the moneyline is the most popular way to wager. NHL moneyline bets are typically two-way moneylines in which both teams are listed; the games will be graded on the final score – including overtime. However, a three-way moneyline option can also be offered; especially in international hockey. Like soccer, a 3-way moneyline offers a Draw option as well and bets are settled at the end of regulation – overtime does not count.
Soccer
| Team | Money Line |
|---|---|
| Newcastle | +210 |
| West Ham | +112 |
| Draw | +230 |
Notes: As previously mentioned, soccer moneyline bets are settled after regulation. If Newcastle and West Ham are tied 1-1 at the end of regular time the Draw is the winner, while Newcastle and West Ham wagers are losers.
Golf
| Team | Money Line |
|---|---|
| Brooks Koepka | -170 |
| Phil Mickelson | +150 |
Notes: Golf match-ups are either for the upcoming round or the tournament. Bets are placed on which player will have the better score.
Tennis
| Team | Money Line |
|---|---|
| Novak Djokovic | -165 |
| Roger Federer | +145 |
Notes: The moneyline is by far and away the most popular way to bet on tennis. Moneyline bets are based on who wins the match.
Boxing/MMA
| Team | Money Line |
|---|---|
| Tyson Fury | -265 |
| Deontay Wilder | +225 |
| Team | Money Line |
|---|---|
| Conor McGregor | +120 |
| Dustin Poirier | -140 |
Notes: Moneyline betting is also the most common way to bet on Boxing and MMA. Bets are settled on which fighter wins the bout. In case of a Draw, bets will be no-actioned and stakes are returned to the bettor.