A Money Line Bet is a wager placed on the outright winner of a game or event, without considering a point spread or any other conditions. It’s one of the most straightforward bets in sports betting. Bettors simply choose the team or individual they think will win. The odds for money line bets are presented in either positive or negative values. A positive value denotes the underdog, indicating how much you would win on a $100 bet, while a negative value denotes the favorite, indicating how much you need to bet to win $100.
How is a Money Line Bet different from a Point Spread Bet?
While a Money Line Bet is simply a bet on who will win, a Point Spread Bet considers the margin of victory. For point spread bets, the favorite must win by a certain number of points, while the underdog can lose by up to a certain number of points (or win outright) to cover the spread.
Can you make Money Line Bets on all sports?
Yes, Money Line Bets can be made in virtually any sport where there is a clear winner, including baseball, basketball, football, hockey, boxing, and tennis.
Why might the odds for a Money Line Bet be extremely high or low?
Extreme odds typically indicate a mismatch between the two competitors, with one being a heavy favorite and the other a heavy underdog. Betting on the underdog in such cases can yield high returns if they win, but they are deemed less likely to do so.
Is it possible to combine multiple Money Line Bets into a parlay?
Yes, bettors can combine multiple Money Line Bets into a single parlay bet. To win the parlay, all individual bets within it must win.
What happens if the event ends in a tie or draw in a Money Line Bet?
In sports where draws are possible, such as soccer, three outcomes are typically listed: a win for Team A, a win for Team B, or a draw. If you didn’t bet on the draw and the match ends as such, your bet would lose. However, in sports where games can’t end in a tie, or if tie bets weren’t offered, bets are usually refunded.