The oddsmakers are telling you they think that team wins this game less than half the time. If a team has a positive number, it’s the underdog to win that specific game. This means that the oddsmakers view the two teams as even. The only exception is when both teams have odds of -110. This means the oddsmakers are giving that team over a 50% chance of winning. What do all these numbers mean? Well, in the above examples from the DraftKings Sportsbook app, the Browns are underdogs against the Chiefs, slight underdogs against the Ravens, roughly even with the Steelers, slight favorites against the Chargers and large favorites compared to the Bengals odds.Ī negative number generally indicates a team is favored to win the game. However, once you understand what you’re looking at, it’s relatively simple.įor example, the Cleveland Browns might have the following NFL moneyline odds for a set of five games: There are plus signs and minus signs with seemingly random numbers attached to them. To a novice bettor, moneyline odds might be hard to understand at first. What do the odds mean in moneyline betting? There’s a reason that futures often offer such lucrative and appealing payouts it’s not easy to pick a winner. In addition, picking a winner of a certain game is often easier than betting on something that will happen months down the line. If there’s a big injury or a team is on a winning streak, you can take advantage with your bets, something that you can’t do when betting through the futures market. Moneyline betting, however, allows you to adjust from day to day. If you place a bet on the futures market, you can’t adjust to what is happening on a day-to-day basis. Teams make player transactions, players both underperform and over perform, teams fire coaches and players get injured. While moneyline betting might not offer the same winning potential as futures, there’s certainly value to betting through daily markets. Futures bets offer the potential to cash in on some high odds and increase your potential payout. Why bet the moneyline over futures?įutures have become a popular betting option across a variety of sports. ![]() Teams play to win games, and when you bet the moneyline, that’s all you need. They do not care about scoring over or under a certain number of points, and they don’t care which players help them win or how they do it. They do not care about how many points they win by. You know that your interests are aligned with the team’s interests. With a moneyline sports bet, you’re simply betting on a team to win the game. When betting on point spreads, often weird and meaningless plays can impact the final margin of victory. For totals, it’s hard to predict the tempo and rhythm of a game. When betting on props, you may not know the team’s game plan and all the players who may feature heavily. While there’s certainly value and fun in those types of bets, they don’t compare to the simplicity of a moneyline bet.įirst off, other bets often are more volatile and harder to predict. Bettors often bet on spreads, totals and props, as well. While moneyline betting is popular, there are plenty of other ways people like to bet on sports. Why bet the moneyline over point spreads, totals and props? It’s sports in its purest form simply root for a winner. Whether your team wins 2-1 or 50-0, there’s no difference in payout for a moneyline bet. Margin of victory doesn’t matter and total points scored don’t matter. So how do moneyline bets work? When placing a moneyline bet, nothing matters except who wins the game. Odds will shift leading up to the contest based on relevant news and how the public bets. Sportsbooks base odds on the perceived probability of a side winning its respective matchup. When placing a moneyline bet, you are simply picking the team or player you think will win the listed matchup. Click on any odds to go to the sportsbook, create an account and start making bets. Use the drop-down menu to switch between leagues NFL moneyline odds, NBA moneyline odds, MLB moneyline odds etc., or to find point spreads or over/under odds. ![]() Live moneyline odds at Ohio online sportsbooksīelow find current moneyline odds as posted at major Ohio online sportsbooks. We also have current and live moneyline odds you can bet on from Ohio online sportsbooks for the NFL, MLB, NBA, NHL and more. On this page, we’ll cover how to bet on the moneyline for the first time, how to read moneyline odds, why moneyline bets are so popular, how they differ across sports and how to avoid common mistakes. In fact, most people have probably already made a moneyline bet even if they haven’t realized it. It’s also the simplest and easiest to understand. Betting on the moneyline is one of the most common and popular ways to bet on sports.
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