![]() The moneyline bet is also a go-to option for hockey bettors. Even the smallest ticks of differences in the odds can have a direct impact on your bottom line. The moneyline bet is perhaps the most popular for baseball, which makes line shopping that much more important. The Twins are only slight favorites over the White Sox, which means that winning $100 bets will bring back the following. ![]() Example of the moneyline for MLBįor this MLB game, the sportsbook has priced it pretty tight. If you bet $100 on the moneyline for the Bulls, you would win $57.10. With odds of +155, a bet on the Piston returns a profit of $155 for a $100 wager. Here’s how that translates for winning $100 wagers. If you want to place a bet on the favored Bulls, you can get them at odds of -175, while the Pistons are at +155. At odds of -200 or greater, you still have the chance to win back 50% or more on your stake. While payouts on moneyline favorites can be less than what you would get back on a point spread bet, some perspective is needed. A winning bet of the same amount on the Titans would result in a profit of $27.78. A winning $100 bet on the Jaguars would result in a profit of $280. At the listed odds, we can expect back the following for winning $100 bets. There’s a big gap between the numbers on both sides here, indicating that the Titans are a heavy favorite over the Jaguars. Here are some moneyline examples for the major sports: Example of the moneyline for the NFL Payouts for big favorites can be on the light side, while returns can be fantastic if the underdog pulls it off. You should never base your decisions solely on the potential return, however. From there, you can factor in potential payouts for winning bets to further whittle down the field. You can always line shop at various books to find the best odds for the bet you want to place.Īfter you have a good handle on how moneyline odds translate into the likelihood of winning for both sides, you’ll be able to scan the odds board more efficiently. Moneyline odds won’t always be exactly the same at each sportsbook. If a key injury happened to pop up on the Steelers side, that could lead to their odds becoming longer, such as from +120 to +130. For example, if a lot of betting volume came in on the side of the Packers, a sportsbook could respond by making the odds on that side less favorable, such as down to -150. As action comes in and any newsworthy developments happen, the sportsbook might shift the odds. Negative odds: When the odds are negative, the number equals how much you have to bet to get back $100 on a winning wager, such as $110 at -110. ![]() If you place a $100 bet at odds of +120 and that team goes on to win the game, your profit would be $120. Positive odds: For positive odds, the number indicates how much you’ll get back on a $100 wager.Sportsbooks will display the potential return on your wagers before you click submit, but you can also easily ballpark it based on the odds. Here is another example using a game between the Green Bay Packers and the Pittsburgh Steelers. If your selection loses, then the bet itself is a loser as well. To win a moneyline bet, the side that you choose has to come out on top. The range between the numbers on both sides can help you quickly determine which games the sportsbook expects to be close or potential mismatches. Let’s take a look at an example using the moneyline odds for Super Bowl 57. For games that fall into this category, oddsmakers have deemed the game to be a toss-up, meaning that both teams have an equal chance of winning in the eyes of the sportsbook. ![]() In rare cases, the odds will be equal on both sides, as in -110 for both teams.
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