What is a Moneyline?

With a moneyline wager, you’re betting on the outright winner of the event without taking the point spread into account. There are still favourites and underdogs, but instead of being handicapped or assisted by head starts, the competitors are given odds to win the game or event.

A negative number indicates the favourite, and the odds show how much money you must wager to win $100. A positive number indicates the underdog, and the odds show how much money you will win on a $100 wager.

The more uneven the contest, the larger the numbers you'll see. Click here for more information on betting moneylines in the NFL. Let’s look at an example using the matchup below:

If you bet on the Lakers, you'll have to risk $220 to win $100. However, if you bet on the Hawks, you stand to win $180 for every $100 you wager.

NOTE: If the final score of a game is tied, the wager will be graded a ‘Push’ and your money will be refunded.

Baseball Moneyline Rules

A game must go five innings (or 4.5 innings if the home team is winning) for moneyline wagers to have action. In addition, you can specify whether either listed pitchers, one listed pitcher, or neither listed pitcher must start the game.

Football Moneyline Rules

NFL moneylines are offered only when the point spread is between 1 and 17.

Basketball Moneyline Rules

Moneylines are offered only when the point spread is between 1 and 15.

Soccer 3-way Moneyline Rules

Moneyline wagers in soccer are referred to as 3-way moneyline which have three outcomes: you can pick either of the teams to win, or you can pick a draw; if you don't pick a draw and the game goes to extra time, you lose the wager.