What is a in play betting?
Moneylines are a type of sports betting wager where the bettor simply selects which team or individual they think will win the game or event outright, without any point spread or handicap involved. In moneyline betting, the odds are expressed as a positive or negative number, indicating how much money the bettor would have to wager to win £100, or how much they would win if they bet £100.
Moneylines are a popular type of sports betting wager, especially for those who are new to sports betting or prefer a simpler betting format without a point spread involved. However, it’s important to understand the odds and how they work before placing a moneyline bet, as the odds can sometimes be confusing or misleading.
What is an example of a moneyline bet?
Here’s an example of how moneylines work in a football game:
Let’s say the New England Patriots are playing the New York Jets, and the moneyline odds for the game are as follows:
New England Patriots -200 New York Jets +150
In this example, the Patriots are the favourite to win the game, indicated by the negative number (-200) next to their name. This means that a bettor would have to wager £200 on the Patriots to win £100 if the Patriots do indeed win the game.
On the other hand, the Jets are the underdogs, indicated by the positive number (+150) next to their name. This means that a bettor would win £150 if they bet £100 on the Jets and the Jets win the game.
It’s important to note that moneyline odds are not always listed in increments of 100. For example, a bettor who wants to bet £10 on the Jets to win in the above example would win £15 if the Jets win the game.
