The favorite typically has minus or negative odds, while the underdog is given plus odds. While picking an outright winner sounds simple enough, the odds reflect a favorite and underdog. There are strategies to be successful long term on moneyline bets beyond just picking the team you expect to win. The odds make it more of a financial risk to take the favorite, with more reward to take a leap with the underdog. Of course, few games are truly even in terms of the matchup, so the favorite and underdog are assigned different odds. ![]() What is a Moneyline Bet?Ī moneyline wager is a straight-up bet on the outcome of a game – there is no point spread or any other advantage or disadvantage to a side. While betting against a point spread is the top wagering format in football and basketball, moneyline betting is the most popular option for most of the world’s sports, including baseball, hockey, soccer, boxing, MMA and auto racing.īut what is the moneyline? Read below to reveal how the moneyline works, how to bet on the moneyline and why the moneyline is better than a point spread bet in many instances. Your goal is to pick the correct outcome of the match. Moneyline betting is the purest form of wagering.
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