Yet, favorites present less risk due to their higher probability of winning according to sports scores and odds analysis by experts and algorithms on various sportsbook apps such as BetMGM or FanDuel. Upsets occur frequently across all sports and competition levels. Of course, backing the favorite isn’t always a guaranteed route to success in sports betting. This means that bettors need to risk $170 to make a profit of $100. Bettors often find themselves needing to wager more on a favourite.Īs mentioned above, if Team A is set at (+150) vs Team B (-170), Team B represents the favourite with odds set at -170. In moneyline betting, the favourite is the team or player most likely to win, as determined by bookmakers.

Here are are the key terms to familiarize yourself with 👍The Favourite We know this can still be confusing for sports betting newbies. Moneyline Betting ExplainedĪlthough the Moneyline bet is where you predict the winner of a game or match. Some sportsbook apps even offer a “draw no bet” option where if the game ends in a tie, all bets will be refunded to their respective punters. This type of betting can have two outcomes – win or loss- but in certain games like boxing or hockey where draws are possible, there could also be three outcomes, i.e., winning, losing, and drawing. The odds for moneyline bets are typically listed as positive and negative numbers like +150 or -170, with the favorite usually having negative odds while the underdog has positive ones. In short bettors place their stakes on who they believe will come out as the victor, whether it be Team A or Team B. No fuss about points or spreads – pick the winner, and you’re good to go! Moneyline betting is all about choosing the team or player you believe will win the game.

Money line bets have three possible outcomes: winning, losing, or a draw.

A “pick ’em” game has no clear favorite or underdog, with an equal chance of winning for both teams.

The favorite is the team or player expected to win, while the underdog is considered less likely to win.

Money line betting is a straightforward wagering method in sports where you predict the team or competitor that will win an event.

This comprehensive guide will simplify and demystify moneyline bets, explaining everything you need to know – from reading odds to placing winning bets. It’s a standard yet straightforward wagering method in sports betting, with two or three possible outcomes depending on the sport. Are you confused about moneyline betting in sports? You’re not alone.

Football money line betting explained