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Home/Glossary/Moneyline
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Sports Betting
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Moneyline

What is Moneyline?

A bet on which team or player will win a game outright, with no point spread.

Last updated:February 22, 2026

A moneyline bet is the simplest form of sports wagering: pick the winner. The odds indicate both the payout and the implied probability. Negative odds (e.g., -150) indicate the favorite — you risk $150 to win $100. Positive odds (e.g., +130) indicate the underdog — you risk $100 to win $130.

Moneyline bets are available in virtually every sport. In high-scoring sports like basketball, moneyline favorites can be very expensive (-300 or more), making the point spread more popular. In low-scoring sports like baseball, soccer, and hockey, moneylines are the primary bet type.

One advantage of moneyline bets is simplicity — you just need your team to win. There's no worrying about covering a spread.

In practice

Yankees vs Red Sox. DraftKings posts Yankees −180 / Red Sox +160. To win $100 on the Yankees you risk $180. A $100 bet on the Red Sox pays $160 profit if they win. No spread, no total — just pick the winner.

Implied probabilities: Yankees 64.3%, Red Sox 38.5%, combined 102.8% (that 2.8% is the vig). Moneylines dominate baseball, hockey, and soccer markets where a 1–0 final is routine. For underdog-seeking bettors, plus-money moneylines are the highest-variance/highest-leverage straight bet available — you can lose 6 in a row at +180 and still be printing money long-term at a 42% hit rate.

Example

<p>Yankees vs Red Sox. DraftKings posts <strong>Yankees −180 / Red Sox +160</strong>. To win $100 on the Yankees you risk <strong>$180</strong>. A $100 bet on the Red Sox pays <strong>$160 profit</strong> if they win. No spread, no total — just pick the winner.</p><p>Implied probabilities: Yankees 64.3%, Red Sox 38.5%, combined <strong>102.8%</strong> (that 2.8% is the vig). Moneylines dominate baseball, hockey, and soccer markets where a 1–0 final is routine. For underdog-seeking bettors, plus-money moneylines are the <strong>highest-variance/highest-leverage</strong> straight bet available — you can lose 6 in a row at +180 and still be printing money long-term at a 42% hit rate.</p>

Related Terms

Point Spread

A handicap applied to the favorite to create a more even betting market.

Implied Probability

The probability of an outcome as implied by the betting odds, including the bookmaker's margin.

Favorite (Chalk)

The team or player expected to win, indicated by negative moneyline odds.

Underdog (Dog)

The team or player expected to lose, indicated by positive moneyline odds.

Frequently Asked Questions

What does Moneyline mean in gambling?

A bet on which team or player will win a game outright, with no point spread.

What is an example of Moneyline?

<p>Yankees vs Red Sox. DraftKings posts <strong>Yankees −180 / Red Sox +160</strong>. To win $100 on the Yankees you risk <strong>$180</strong>. A $100 bet on the Red Sox pays <strong>$160 profit</strong> if they win. No spread, no total — just pick the winner.</p><p>Implied probabilities: Yankees 64.3%, Red Sox 38.5%, combined <strong>102.8%</strong> (that 2.8% is the vig). Moneylines dominate baseball, hockey, and soccer markets where a 1–0 final is routine. For underdog-seeking bettors, plus-money moneylines are the <strong>highest-variance/highest-leverage</strong> straight bet available — you can lose 6 in a row at +180 and still be printing money long-term at a 42% hit rate.</p>

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