An underdog is always represented by a plus sign (+) on the moneyline and will pay out more money than the original amount wagered by a bettor. In this instance, a bettor would wager $100 to win $150, thus totaling $250 for the payout. Again using $100 as a standard betting unit, a bettor would have to wager $100 to win the amount listed (i.e. The underdog is the player or team considered less likely to win. A favorite is always represented with a minus sign (-) on the moneyline. If the bet wins, the sportsbook would pay $250, which is the stake ($150) plus the win ($100).
In this instance, a bettor would have to wager $150 to win $100. Using $100 as a standard betting unit, a bettor would have to wager the amount listed (i.e. The favorite is the player or team viewed as more likely to win. When looking at potential bets, you will encounter these three components of a moneyline wager: the favorite, the underdog, and “even” or “pick ’em.” (1) The favorite “Just win, baby” to quote the late, great Raiders owner Al Davis.īET NOW T&Cs Apply 21+. All bettors have to do is a pick a winning side - or team or specifically a draw in a soccer/European football match or boxing/MMA fight if a draw is offered as an option. What makes the moneyline a simple and straightforward bet is the lack of a point spread. When bettors correctly choose an outcome, a sportsbook will pay the odds due the bettors. Some sportsbook apps will offer a draw as an option on a moneyline bet, some will offer what is called a “Draw no bet” option in which only a winning player or team can be chosen, but not a draw outcome. In the case of soccer (European football) or a boxing match/MMA fight, moneyline bets could also have a third option, which is a “draw,” in which there is no winner or loser. When there are two players or teams listed on a moneyline bet, bettors are choosing one player or team to win. It is a bet that has potentially two or three outcomes depending on the sport. A moneyline bet is the simplest and most straightforward wager in all of sports betting.
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