Moneyline is a straightforward and exciting way to place a bet on sports. The concept is simple – all you have to do is pick the team or player that will win. But there are a few things to keep in mind before you start placing your moneyline bets.
One thing to be aware of when betting on the Moneyline is that odds can change rather quickly. This is because oddsmakers will try to balance the number of wagers on each side so they can pay out winners and make a profit.
It’s also important to look at the total amount of money that you could win on a particular team or player before making your decision. Oddsmakers will typically post the odds based on a $100 bet, so you’ll need to bet more to win if you’re betting on a favorite. Conversely, you’ll get a larger payout if you bet on an underdog.
In some cases, it’s even better to bet on a team that isn’t favored, especially when they’re offering plus odds. For example, the Houston Astros entered this game as +140 underdogs against the Yankees. In this scenario, a winning bet on the Astros would yield $120 in profit.
Finally, it’s worth noting that in sports leagues that use overtime to settle ties after regulation, Moneyline bets will include the extra period. This is different from betting on a tie, which will only return your original wager in the event of a tie.