12/21/2023 0 Comments Moneyline bet meaning![]() They only need them to lose by less than 10 points to realize a return. Those wagering on the Chargers and “giving up” those points are betting that LA outscores Oakland by more than 10 points.Ĭonversely, those who bet the opposite “side” of the game don’t care if Oakland loses. The LA team is favored to win by at least 10 points over the Raiders. Let’s continue with the Chargers example. The point spread is a projected margin of victory or defeat for the two teams in a given matchup. Point spreads are also a popular and well-known form of sports wagering. Therefore, if the Raiders pull the upset and win the game, the bettor receives his or her original $100 back, plus $360, for a total of $460. Raiders +360: A bettor who wishes to wager on the Raiders to win the game outright will win $360 if he or she wagers $100. In the hypothetical game, the moneyline wager might look like this: Then, the sportsbook lists the Raiders as the underdog. Therefore, if the Chargers win the game, the bettor receives his or her original $450 back, plus $100, for a total of $550. With LA the clear-cut favorite, the moneyline odds are listed like so:Ĭhargers -450: A bettor who wishes to wager on the Chargers to win the game outright will have to bet $450 to win $100. Let’s say the Los Angeles Chargers are listed as a 10-point favorite over the Oakland Raiders. The following are examples of NFL moneyline wagers: Moneyline wagers are actually accepted in any amount. That makes it easy to illustrate how a moneyline wager works. Incidentally, $100 is the figure utilized in the example because it is a nice, round number. The plus sign is indicative of the fact that when placing money on an “underdog,” the bettor potentially wins an amount greater than the one he or she put down. This number quantifies how much the bettor wins if he or she wagers $100 on that team. The minus sign is indicative of the fact that when placing money on a “favorite,” the bettor must wager an amount greater than the amount he or she would potentially win.Ĭonversely, underdogs are displayed with a three-digit number and a plus sign is preceding it. This number quantifies how much needs to be wagered on that team to win $100. Moneyline bets are presented in the following way on a sportsbook’s board or online platform, such as on the PointsBet PA mobile app:įavorites are displayed with a three-digit number and a minus sign preceding it. It’s more difficult to correctly predict a margin of victory or whether a game will go under or over a projected total. And the end result is a payday comparable to other, less expensive bets.Įssentially, that’s because the odds of picking a straight-up winner in a sporting event are usually appreciably higher. In other words, the bettor needs to risk a more significant amount of money on average. Typically, moneyline wagers are the most expensive type of sports bet. Moneylines (football and basketball), run lines (baseball), and puck lines (hockey) are the industry terms for the odds assigned to which team will win a game or match. ![]() However, it’s almost certain that the one type of bet they’ve ever heard is a good, old-fashioned, “ straight-up” wager. Novice bettors are likely familiar with terms such as “ the spread” or “the number.”
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