Moneyline bets are among the most straightforward wagers. You’re betting only on who wins, with odds expressed as positive or negative numbers that determine your payout. While easy to understand, they still carry the risks inherent to gambling. If you're ready to start placing bets on football, horse racing, or rugby, getting familiar with the available betting markets is the best way to begin. The moneyline bet is one of the first markets you’ll come across because of its simplicity. It allows you to wager on the team or player to win a match. While it is a more common term in the U.S.
Most Reviewed Sportsbooks With Moneyline Odds
Favored to win has negative integers (-) that show how much you'd need to bet to win $100. If, for example, a moneyline looked like this: Team A -150 vs. Team B +200, Team A is favored to win, and Team B is the underdog. If Team A wins, a $150 bet would pay the bettor $100 profit and return the $150 bet. If Team B wins, a $100 bet would pay the bettor $200 profit and return the $100 bet.
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Moneylines are good betting options for times when you want to pick the winner and not the margin. They work well for low-scoring sports like hockey, baseball, soccer, or tennis, or when injuries, weather, likely shootouts, or overtime may affect the spread. With the rise of online gambling, the industry is becoming more profitable, more permissible, and more popular, advocates say. Thirty-nine states and the District of Columbia have legalized sports betting since the U.S. Supreme Court threw out a federal ban on it in 2018. betting space, it has become increasingly popular in the UK. Therefore, we’ve created this guide to show you how to place your first moneyline bet as a UK punter. We’ll provide real examples and tips to help you maximise this market. Now, let’s get straight into it! The moneyline bet is the simplest betting market you’ll come across in betting.
What are moneyline odds?
A ballot measure narrowly passed in November 2024, with legal Missouri sportsbooks expected to launch on Dec. 1, 2025. A point spread bet considers not only which team wins but also how much. In this sort of bet, the favorite has to win by a set amount of points or more. The underdog team, in comparison, doesn’t have to win; it only has to lose by less than the spread.
2. Bankroll management
To manage risk, bookmakers use point spreads to evenly distribute bettors on both sides of a bet. Moneylines and point spreads use the same information when they’re calculated, and both of their payouts are tied to the odds of a team winning or losing. In fact, both try to account for the relative strength of each team. However, they do this in different ways. Moneylines change the amount charged for bets on a team, while point spreads change the team scores that would count as a win. You only need to wager bet bonus bet casino no deposit on the team or player that will win a match. While the moneyline bet follows the same concept across the U.S. and the UK, the difference is in how the odds are displayed. In the U.S., moneyline odds are expressed using the “+” and “-” symbols.
| True Odds | Standard Price | Enhanced Price | EV Change |
|---|---|---|---|
| -150 / +150 | -150 | +120 | +10.2% |
| +200 / -250 | +200 | +350 | +8.5% |
| -110 / -110 | -110 | +100 | +4.8% |
The U.K., on the other hand, shows moneyline odds in fractional format or decimal format. Consider a match between Arsenal F.C. With Arsenal as the favourite, the odds might look like this: For Crystal Palace, who are the underdogs, the odds could be as follows: If you want to bet on boxing, consider a match between Lewis Crocker and Paddy Donovan. If Donovan is favoured to win, the odds might look like this: On the other hand, Crocker, who is the underdog, could look like Once you’re ready to place your moneyline bet, the first step is to understand how the odds work. With American odds, a negative(-) sign indicates the favourite team, while the positive(+) sign depicts the underdogs. Let's examine a game between the Los Angeles Lakers and the Golden State Warriors in the NBA, with the following odds. The positive symbol shows how much you win on a £100 bet, while the negative indicates the amount you need to stake to win £100. So, if you wager £156 on the Lakers, you will payout £256 (£156 stake + £100 profit).
- Enhanced moneylines are a form of "price boost" distinct from profit boosts or free bets.
- Comparing the boosted line across different sportsbooks reveals the true value of the promotion.
- Betting the opposite side on an exchange can sometimes hedge the risk of a boosted favorite.
- They are rarely available on heavy favorites, as the sportsbook's liability becomes too high.
- Regular players may receive personalized enhanced odds offers based on their betting history.
On the other hand, a £100 wager on the Warriors will see you win £133 for a total payout of £233. For fractional odds of 1/3, for the Lakers, if you bet £90, you will receive £30 as your profit for a total payout of £120. On the other hand, if you wager £50 on the Warriors with decimal odds of 2.33, your total payout will be £116.5 (£50 stake + £66.5 returns). Bookmakers in the UK usually display moneyline bets using fractional odds. However, some operators like bet365 provide the option of selecting odds in decimal and American formats. While the moneyline betting market is common for sports like the NFL, NBA, and UFC, most UK bookies label moneyline bets differently. It’s more commonly known as “Match Winner” for sports like football, basketball, and tennis. Some may label it as “Match Betting” for American football and “Fight Winner” or “To Win the Bout” for UFC and boxing. It follows the same concept in all cases. You need to predict which team or player will win the match. If you want to bet predominantly on sports with moneyline markets, you should focus on American sports like the NFL, NHL, MLB, and NBA. You may also switch your odds to American formats if you find it more comfortable. Most players prefer moneyline bets for several reasons.
Moneyline Outcomes
The information in moneyline markets may be more precise than that in point spread markets, according to some financial studies. If you or someone you know has a gambling problem, call the National Council on Problem Gambling at 1-800-GAMBLER (1-800-426-2537), or visit 1800gamblerchat.org to chat with a helpline specialist. A moneyline bet is a wager on the outcome of an event. It is a bet on which team or competitor the bettor expects to win. A +200 moneyline would mean that if you placed a $100 bet, you would win $200.
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It also tells you that the team is not expected to win, as it is the underdog in the game. To figure out how much you would make on a moneyline bet, you need to figure out how much your bet would pay out. Look at the integers next to the teams. Positive ones, next to the underdog, tell you how much you would rake in if you win with a bet of $100. Negative ones, next to the favorite, tell you how much you would need to be willing to risk to win $100. Here are the pros of this market. Simplicity: It is very easy to understand and ideal for beginners. Direct win/loss outcome: The goal is to predict the likely winner of a game. Popular for U.S. sports: It's a well-known option for U.S.
- Tracking your accepted enhanced offers helps analyze whether they are truly profitable long-term.
- Some states have regulations limiting the type or frequency of enhanced odds promotions.
- Boosted odds may appear on "same game parlays" as well as single moneyline bets.
- The window to place a bet at enhanced odds is often limited to a few hours before game time.
- Arbitrage seekers constantly scan for enhanced lines that create positive expected value.
- Customer support can usually confirm if your wager was placed at the correct, enhanced price.
sports like the NBA, NFL, NHL, and MLB. Offers versatility across sports: The same principle applies to both team and individual sports. You only need to choose a winner. Appealing for underdog bets: The return on underdog bets can be substantial. While moneyline bets offer various benefits to punters, they also have some downsides. Here are areas you should watch out for.
Introduction to Money Line Odds
Prior to that, it was already legal in Nevada, which had been exempted from the law due to the legacy of legal gambling in that state. According to the gambling advocacy nonprofit American Gaming Association, recent data suggests that a majority of Americans see gambling as acceptable entertainment, with many also suggesting that it has an overall positive impact, especially economically. Others worry that gambling addiction and “problem gaming” are becoming more common. Despite this, projections show that gambling, especially online, will continue to grow. And moneyline bets are considered a comparatively easy way for newbies to bet.
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In 2018, the U.S. Supreme Court permitted states to legalize sports betting if they wished to do so. As of October 2025, it is legal in 39 states and the District of Columbia. It is still illegal in 11 states, including Texas and California. Missouri is the latest state to legalize sports betting. Less value on favourites: The odds and returns tend to be small when backing a favourite team. Harder to understand for UK punters unfamiliar with U.S. odds: Since UK players are more accustomed to fractional odds, the “+” or “-” system could be complicated for them to understand. Difficult to predict in some sports: For sports that allow a tie or draw, the chances of winning become slimmer. High risk on underdogs: Backing underdogs for big potential payouts may lead to a loss of stake.
| Sportsbook | Promotion Name | Enhanced Market | Typical Boost |
|---|---|---|---|
| DraftKings | Odds Boosts | Game Winner | +50 to +150% |
| FanDuel | Super Boost | Parlay Leg | +100 to +300% |
| BetMGM | Odds Boost Parlay | Multi-Game Parlay | +25 to +75% |
| PointsBet | Power Play | Featured Game | +100 to +200% |
To give you a better understanding of how moneyline works, here is a real example using a football match in the Premier League. Let’s say you want to wager on Manchester United vs Burnley, and the following odds are presented. Manchester United: -256 (Moneyline), 1.39 (Decimal), 39/100 (Fractional) Manchester United: -256 (Moneyline), 1.39 (Decimal), 39/100 (Fractional) Burnley: +686 (Moneyline), 7.86 (Decimal), 343/50 (Fractional) Burnley: +686 (Moneyline), 7.86 (Decimal), 343/50 (Fractional) Draw: +275 (Moneyline), 3.75 (Decimal), 7/4 (Fractional) Draw: +275 (Moneyline), 3.75 (Decimal), 7/4 (Fractional) If you want to stake £50 on Manchester United, your potential returns will look like this: Moneyline (Favourite): Profit = Stake x (100/odds). Payout = Stake (£50) + Profit (£19.5) = £69.5. Moneyline (Favourite): Profit = Stake x (100/odds). Payout = Stake + Profit = £50 + £19.5 = £69.5. Decimal: Payout is Stake x Odds.That is, £50 x 1.39 = £69.5. As a beginner, it’s easy to get overwhelmed by the excitement of betting. To avoid making mistakes, follow these tips to maximise your stake. Understand odds conversions: Knowing how to convert betting odds helps you determine if a bet offers good value. You need to understand how to change American odds to decimal or fractional, which you may be more familiar with. Using betting calculators: Instead of calculating odds manually, betting calculators provide a simple alternative. It automatically determines the outcome of your bets in any format. All you need to do is input your stake amount and the specific odds format. Comparing markets: Sometimes, a moneyline bet isn’t always the best option, as it can require staking more money for little return.
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