In the world of sports betting, a money line bet is simply betting on which team you expect to win. It doesn’t have anything to do with a spread. You may also see a money line bet listed as “Money Line” or “ML” in different spaces.

If you win your bet, you pocket $5. If you went line-shopping and found the same bet for -175 at another sportsbook, you would pocket $6, $1 more. Understanding betting odds allows you to decipher between good and bad odds. Look at the odds below offered on five games from the 2019 NFL Season. Odds from five different sportsbooks are shown.

• Teasers are adjusted lines from the same game with at least two contests bet to complete the wager. A bettor is allowed to “buy” points and move the point spread. In the NFL, this is 6 (-120), 6.5 (-130) or 7 points (-140).
• Rue, with an odds of 60-1, will have roughly a 1/61 chance of winning the games. If every Tribute has equal odds of winning the games, they will all have odds of 23-1. This is held by the District 6 female and possibly the male as well. There are two scenes where the odds tables are shown.
• The math underlying odds and gambling can help determine whether a wager is worth pursuing. The first thing to understand is that there are three distinct types of odds: fractional, decimal,.
• What are the latest odds for Alabama vs. According to BetMGM, the latest betting line is Alabama -8.5 and the over/under is at 74.5. And if you want to watch the game but need a stream.

Money lines are represented in negative and positive values.

Negative money line: -145, -220, or anything similar

When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game.

That number also indicates how much money you need to bet/spend in order to win $100.

For example, a -220 money line means you need to bet $220 in order to win $100 provided the team you bet on actually does win.

Heavy favorites are known in sports betting as a “chalk” pick. A heavy favorite usually has a number pushing +300 or more. Here, you’re wagering a lot on the favorite to win a little. Don’t assume that a heavy favorite, or chalk pick, is a guaranteed winner…

Positive money line: +145, +220, or anything similar

When you see a plus (+) sign in front of a price, it shows you that team is the underdog. Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers.

The number also indicates how much money would win in comparison to every $100 you wager.

For example, a +150 money line means you would win $150 for each $100 wager you place should that team win the game.

Money line examples:

Lets use an NFL example here:

In Game Betting Odds College Bowl

New England Patriots -240

In Game Betting Odds

Miami Dolphins +220

To bet the New England Patriots to win on the money line, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. Your return would be $340 – the original $240 stake (bet) and the $100 bet profit.

Live In Game Betting Odds

To bet the Miami Dolphins to win on the money line, you would spend $100 on the bet for a chance to win $220 if the Dolphins, as the underdog, beat the Patriots. Your return would be $320 – the original $100 stake (bet) and the $220 profit.

In Game Betting Odds

In both situations, it doesn’t matter if the team you bet on wins by one point or 100 points. You’re purely betting on the team you believe will win the game. As Al Davis said, “Just win, baby.” That’s exactly what you’d be looking for out of your selection. It doesn’t have to be pretty, it just has to happen or your original stake is lost.