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MONEYLINE ODDS FULL
MONEYLINE ODDS PLUS

Notice that not a single team has “-“ odds. Three-way moneylines on FanDuel Sportsbook look like this: Additionally, the addition of the tie outcome means bettors who bet on one team or the other lose their wagers if the game ends in a draw. A three-way moneyline works just like its two-way counterpart but adds the draw outcome as an option. In sports such as soccer and MMA, where ties are commonplace, sportsbooks are more likely to offer three-way moneylines. As a result, most moneyline wagers involving those sports are of the two-way variety. For example, there are no ties in baseball and basketball, and they’re rare in the NFL. Sportsbooks offer two-way moneylines on contests in which a draw is unlikely or impossible.

MONEYLINE ODDS FULL

Draw or “no bet”: Sportsbook returns the initial stake in full.Selected team loses: bettor loses their stake.

MONEYLINE ODDS PLUS

Selected team wins: bettor receives their original stake plus profits.There are three possible outcomes in two-way moneyline wagers:

Two teams, two outcomes, two-way – makes sense. Most moneylines are two-way moneylines, in that bettors can only place a “to win” bet on one of two teams or players. The bettor would also receive back their $30 initial stake for a total payout of $78. Remember, the $48 is just the profit amount. A better could just as easily bet $20 on the Hawks for a shot at $10 in profit based on the following formula:īet size/(-odds/100) = moneyline favorite profitsīet size * (odds/100) = moneyline underdog profits Of course, the moneyline format does not lock bettors into betting those exact amounts. On the other hand, a $100 bet on the underdog Knicks would yield $160 in profit if they pull off the upset. Thus, a $200 bet on the Hawks at -200 would yield a $100 profit.

For underdogs (“+” odds): Risk $100 to win the moneyline amount.įor example, imagine tonight’s Knicks and Hawks game has the Hawks as -200 favorites and the Knicks at +160.

For favorites (“-“ odds): Risk the absolute value of the moneyline amount to win $100.

Moneyline odds function on the concept of betting 100 units: However, if the line was instead +320/-400, it would suggest the favorite is a much better team than the dog. For example, if the split is -135/+115 as it is for the Rams and Seahawks game in the above screenshot, it indicates the two teams are somewhat evenly matched.

In the American odds format, the plus sign denotes the underdog and the minus sign the favorite.īigger numbers represent a larger disparity between the two teams, and smaller numbers indicate more parity in the matchup. In the image above, each moneyline market features a team with “+” odds and a team with “-“ odds.

US sportsbooks use American odds by default, so bettors need to understand how they work as a beginning point. If a sport exists, then there’s a good chance bettors can place moneyline wagers on it. Any names, logos, or images are trademarks™ or registered® trademarks of their respective holders.Sports compatible with moneyline bets include football, basketball, baseball, hockey, boxing, MMA, tennis, soccer, and many more. We are not affiliated, associated, authorized, endorsed by, or in any way officially connected with the NFL, MLB, NBA, NHL, PGA, UFC, or any other league or team. Please be aware of and respect the laws regarding sports betting for your jurisdiction. © Copyright 2022 ® Cookie Settings The content of this website is intended to be used for entertainment purposes only.