A moneyline bet, in simpler terms, is a bet on one team or player to win a given match. Moneyline bets are most common in major team sports: football, basketball, baseball, soccer, hockey, etc.
When you visit your preferred sportsbook to find a match you’d like to bet on, chances are moneyline bets will be some of the first you see, alongside totals and point spreads (which we cover on separate pages).
The primary thing to know about moneylines, however, is that they’re simply bets on one side to win a game or match. As you may guess, then, the odds on moneyline bets can vary based on the skill, track record, and performance of the teams in question. This results in clear favorites and underdogs in many moneyline bets.
A “favorite” is, unsurprisingly, the team expected to win a match-up. The “underdog” is the team expected to lose. Other moneyline bets, however, are tight match-ups, and you’ll see that both sides are even (or very close to it).
Though they’re simple on the surface, moneyline bets come with various complexities, so it’s important to brush up on the specifics before diving right into a wager. This page will provide everything you need to confidently place a moneyline bet.