The bigger the number, the bigger the favorite or underdog. The number after the plus or minus sign will tell you how much of a favorite or underdog the bet is. As you can see, Mike Tyson is the favorite and Old Man River is the underdog. The plus sign signifies the fighter who is an underdog, and the minus sign signifies the fighter who is the favorite. The first line is a bet on Mike Tyson and the second line is a bet on Old Man River. The first part of each line tells you who you are betting on. They will still mean the same thing and give you the exact same information. Remember, in other parts of the world they may be represented in a different format which we will cover later. This is exactly what the moneyline odds would look like in a sportsbook. We will cover all of this in the next few sections.Īt this point, all you need to take away from this section is that moneyline/win bets are a simple bet on who the winner of a particular sporting contest will be. While these will look very different, they will tell you the exact same information about the bet including who you are betting on, who the favorite or underdog is, and what the potential payout you would receive from a correct pick. Moneyline bets can be presented in three different formats including moneyline, decimal, and fractional. If you’ve bet on a boxer of UFC fighter to win a fight, you’ve placed a moneyline/win bet. If you’ve bet on a team to win the Super Bowl, you’ve to place a moneyline/win bet. Moneyline is much more common in the US while the term win bet is much more common in other parts of the world.Ī moneyline/win bet is a simple wager on who will win a game, race, match, contest, or a fight. Other options like smart money moves can also be determined through the Zcode line reversal tool.The names of this bet type are completely interchangeable, and you will hear one or the other depending on where you live in the world. The Zcode line reversal tool is a great tool to determine the Moneyline bet. They can be great for risk-averse bettors and can be parlayed with other picks to increase the payout. Moneyline bets are the simplest bets you can make on a sports game and the easiest form of betting to understand. Bettors who perceive to have an edge on some underdog plays can parlay these picks into massive payouts. The odds of these hitting are quite low, but the payouts can be quite substantial. Some bettors even make underdog Moneyline parlays for an even greater payout. Of course, the odds of getting both games correct adds another element of risk that is baked into the higher payout. So instead of risking $200 to make $68.98, the bettor can risk $100 to make $79.68. If the bettor were to bet these separately they would make $23.53 on the Los Angeles Lakers on a $100 bet and $45.45 on the New England Patriots for a $100 bet. Using the two examples above, if the bettor were to parlay the Los Angeles Lakers and New England Patriots they would make a ticket like this: Moneyline parlays have become popular amongst recreational bettors who want to combine their picks for a larger payout. The higher the point spread, the lower the odds for the favorite and the larger the payout for the underdog. If the market deems that the Lakers are 10.5 points better than the Warriors in this particular game than the Moneyline odds will be lower. We can see that the Los Angeles Lakers are 10.5 point favorites over the Warriors and the Moneyline shows this. Let’s take another example, this time for basketball.Īccess The Zcode Line Reversal Moneyline Tool Now! Los Angeles Lakers (-425) Golden State Warriors (+450) (+10.5) If a bettor places a bet on the underdog, the odds are how much they would profit on a $100 bet. Thus we can summarize a Moneyline wager as follows: If a bettor places a bet on the favorite, the odds are what they would have to wager to profit $100. Conversely, if the bettor wishes to place a bet on the underdog Pittsburgh Steelers, if they wagered $100, they would profit double at +200 for a $200 profit. We can immediately see that the New England Patriots are favorites because the odds are -220 which means that for a bettor to win $100 profit, they need to wager $220. Without taking into account the point spread or the total, this is a simple Moneyline that a bettor can bet on.
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