What is a Moneyline Bet?
A moneyline bet is a sports bet placed on the outcome of a game without the use of a point spread, with the odds listed as either positive or negative.
A moneyline bet is a sports betting wager placed on the outcome of a game without the use of a point spread. Moneyline bets can be placed on the outcome of a game, a specific half, or a quarter of play. The moneyline odds for a game are determined by the sportsbook and are listed as either positive or negative odds. A positive moneyline odds bet means that the bettor will win more money than they bet if they win the wager. For example, a +150 moneyline bet on the Los Angeles Lakers to beat the Miami Heat would pay out $250 if the Lakers won the game. A negative moneyline odds bet means that the bettor will have to bet more money than they will win if they win the wager. For example, a -150 moneyline bet on the Miami Heat to beat the Los Angeles Lakers would require the bettor to risk $150 to win $100.
Category: Sports.
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