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. ![]() Positive odds, such as +130, indicate underdogs.Negative odds, such as -150, indicate favorites.When you view the betting lines for a slate of games, you can easily spot the favorite or underdog in a matchup by remembering the following: ![]() There are no spreads to worry about, just straight winners and losers. When betting on the moneyline, the goal is to simply pick the winner of the game.
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