Moneyline
A moneyline is a type of betting market where a wager is made on which team or player will win a given match outright. Spreads are not factored in when grading a moneyline.
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Moneyline Odds
Unless both players or teams have the same implied probability of winning the match a moneyline betting market will feature a favorite and an underdog. This is displayed in different ways depending on odds format.
American Odds
American odds (alternatively referred to as moneyline odds) is a format predominantly used in the United States. Positive (+) and negative (-) numbers are used to indicate return. A bet on a moneyline with a negative number would require the bettor to risk that amount in order to profit $100. A bet on a moneyline with a positive number would see the bettor win that amount if they risked $100.
When observing a moneyline in American odds the larger the negative number the more the team is favored to win (and thus warranting a smaller return per amount bet). It follows that the larger the positive number the more of an underdog that side is.
In the example below the New England Patriots are favored with -180 odds on the moneyline. A bet of $180 would yield a profit of $100 for a total return of $280 if the Patriots were to win the match outright. The Baltimore Ravens are underdogs at odds of +160. A bet of $100 would yield a profit of $160 for a total return of $260 if the Ravens were to win.
| Team | Spread | Total | Moneyline |
| New England Patriots | -3.5 (-110) | Over 44.5 (-110) | -180 |
| Baltimore Ravens | +3.5 (-110) | Under 44.5 (-110) | +160 |
Decimal Odds
Fractional Odds
Twenty-Cent Lines
The indust