

It doesn’t matter how even teams may seem at first glance or according to the odds. You’ll still need to handicap the game in search of a Sportsbook.
#Whats the moneyline bet plus#
Minnesota Vikings vs New Orleans Saints TeamĪs you can see, neither team has plus odds (+) because the sportsbook feels that both teams have a nearly equal chance of winning the game. However, that doesn’t mean you should flip a coin and hope for the best. When evenly matched teams square off, it can be close to a toss-up in terms of which side will win.įor example, in a really tight NFL game, you could see moneyline odds like this: You’ll come across many of these on the oddsboard regardless of which sport you’re focused on. In fact, oddsmakers may think the game is so close to call that their moneyline odds will be nearly the same. When betting on moneylines, not every matchup will have a clear favorite or underdog. The amount you bet is completely up to you but this method makes it easier to track, especially for recreational sports bettors, because bankroll management is essential for long-term success.Īs you become more comfortable with sports betting and understanding moneyline odds, there are a variety of scenarios that may arise that aren’t as common as the examples above. That being said, you don’t always have to wager $100 exactly. But for the Lakers, you would need to bet $140 to win $100 in profit. Los Angeles Lakers vs Boston Celtics Teamįor the Celtics, you would only need to wager $36 to win $100 since they’re the underdog. Instead of citing an NFL matchup, let’s try an NBA example between the Los Angeles Lakers and Boston Celtics. The number with the minus sign (-) signifies what you’d have to bet to win $100 while the number with the plus sign (+) is what you’d win if you bet $100. What Do Minus (-) And Plus (+) Odds Mean?Īt Odds Shark, we primarily use American odds because the majority of betting sites use them, especially when displaying moneyline odds.

Conversely, betting on the Patriots is less risky, which means it comes with less reward. On the other hand, if you were to bet that same $100 on the Chiefs and they won, you’d get a payout of $250 – your original wager comes back along with your prize of $150.īetting on underdogs, in this case the Chiefs, is considered riskier but you get a bigger reward. A winning bet would give you a payout of $180 – your $100 comes back along with your winnings of $80. This is universal across all sportsbooks for American odds. The Chiefs are the underdog – you can see this because of the plus sign (+). In this moneyline scenario, the Patriots are the favorites, which you can tell by the minus sign (-). New England Patriots vs Kansas City Chiefs Team Here is an example from an NFL game between the New England Patriots and Kansas City Chiefs of what moneyline odds will look like at an online sportsbook: No catch, no angle, just the right answer or the wrong answer.Įach team/person in a matchup for a moneyline betting option is given a separate numerical value for bettors to wager on and these are called “odds.” The numbers, or odds, are determined by oddsmakers and sportsbooks based on how the two opponents match up, and each number is displayed with a minus sign (-) or a plus sign (+) in front of it. Point Spread | Totals | Parlays | Futures | Props | Odds CalculatorĪ moneyline bet simply involves you picking one of two teams to win the game. Odds Shark’s Moneyline Betting Guide will explain the wide variety of moneyline bets that can be made, why and how sportsbooks display the odds and how the moneyline differs from other betting options like point spreads or totals. This common betting option is used by new, recreational and experienced bettors and it’s one of the simplest ways to make a sports bet because you’re wagering only on which team will win or lose. One of the most popular ways to bet on sports is the moneyline.
