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A moneyline is a type of betting market where a wager is made on which team or player will win a given match outright. They are one of the most common sports bets placed along with [[spread]]s spreads and [[total]]stotals.
== Moneyline Odds ==
=== Decimal Odds ===
[[Decimal odds ]] format is commonly used in Canada and across Europe. A decimal number is used to indicate potential return. Multiplying the decimal odds by the amount risked will calculate the total return (risk and profit) if the wager were to win.
Two competing teams with equal decimal odds would normally be set at 1.91 due to the bookmaker's commission. A risk of $110 would yield a $210 return on either side for a net profit of $100. This can be verified by multiplying the risk and odds together. The more a team is favored to win the smaller the decimal odds will be. Odds of 1.50 would require a $200 risk to generate the same $100 profit.
=== Fractional Odds ===
[[Fractional odds ]] are primarily used to when discussing betting markets with [[long odds]] such as [[future]]s, but can also be used for moneyline wagers. A number in fraction form is used to indicate potential profit. Multiplying the fractional odds by the amount risked will calculate the profit if the wager were to win.
Two competing teams with equal fractional odds would normally be set at 10/11 due to the bookmaker's commission. A risk of $110 on either side would yield $100 in profit for a total return of $210. This can be verified by multiplying the risk and odds together. The more a team is favored to win the smaller the decimal odds will be. Fractional moneyline odds of 1/4 would need a $400 risk in order to generate $100 in profit.
Moneyline grading rules vary by sport and betting site. The industry standard is that overtime results are considered when grading moneylines for matches that are tied at the end of regulation. In the event of a draw at the end of overtime a moneyline bet will be graded as a push and the initial risk refunded.
Below are common moneyline grading policies by sport which most sportsbooks follow. It is critical that a bettor is aware of their respective bookmaker's grading policies before placing a bet.
=== Baseball ===
If a baseball game is called early, suspended before completion moneylines will be graded based on the winner at the time of completion of the last full complete inning. The exc Baseball games can be called early due An exception to weather, lighting issues, or other circumstances. Most bookmakers will still grade moneyline wagers as long as 5 full innings were played (4.5 if this is made in the case where the home team is leading tied or took the lead in the bottom half of an on-going inning at the time of postponement)the game was called. In this case moneylines will be graded against the score at suspension.
=== Basketball ===
NBA matches that are suspended early must have at least 43 minutes of elapsed game-time for moneyline wagers to have action. Basketball leagues that play four 10-minute quarters must have at least 35 minutes of elapsed time to have action.
=== Football ===