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ML is an abbreviation for the betting term moneyline, which is a bet placed on which team will win a given match outright.

Example

Using the sample match below someone who has bet on Texans ML has placed a bet on the moneyline at +140 odds. If Houston wins the game the bet will be graded as a win. If the game ends in a draw, the initial risk is refunded to the customer.

Team Spread Total Moneyline
  Houston Texans +3.0 (+100) Over 50.0 (-110) +140
  Tennessee Titans -3.0 (-120) Under 50.0 (-110) -160