What is a Moneyline?

When placing a moneyline wager, you bet on the outright winner of the event without taking the point spread into consideration.

There are still favorites and underdogs, but instead of being handicapped or assisted by a point spread, the competitors are given odds to win the game or event.

A negative number indicates the favorite, and the odds show how much money you must wager to win $100. A positive number indicates the underdog, and the odds show how much money you will win on a $100 wager. The more uneven the contest, the bigger the numbers you'll see. For example:

In an NFL game where the New England Patriots are favorites against the Los Angeles Rams, the odds might look like this:

Patriots -145

Rams +125

If you bet on the Patriots, you'll have to risk $145 to win $100. However, if you bet on the Rams, you stand to win $125 for every $100 you wager. If the final score of the game is tied, the wager will be graded a ‘Push’ and your money will be refunded.

Baseball Moneyline Rules

A game must go 5 innings (or 4.5 innings if the home team is winning) for moneyline wagers to have action. Also, you can specify whether both listed pitchers, one listed pitcher, or no listed pitcher ‘must start the game’.

Football Moneyline Rules

NFL moneyline betting, as well as moneyline betting on College Football are only offered when the point spread is between 1 and 17.

Basketball Moneyline Rules

Moneylines are offered only when the point spread is between 1 and 15.

Soccer 3-way Moneyline Rules

Moneyline wagers in soccer have three outcomes: you can pick either of the teams to win, or you can pick a draw; if you don't pick a draw and the game goes to extra time, you lose the wager.