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The Moneyline Explained: How to Read Moneyline Odds

The Moneyline Explained: How to Read Moneyline Odds

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We recommend researching a team or athlete's recent performance, as well as the venue, before placing any point spread bets. Negative odds refer to the favored team in the match, the player(s) with the higher probability of winning the game. Bettors will find the favored team/player to win on a betting line with a – sign next to their odds. Parlay betting is where you bet on a combination of teams to get the highest returns for your stake. Gamblers can make parlay bets in all sports leagues, but they are particularly common in NBA betting. In this case, you could back four different teams across four separate matches all to win their line bet — with substantial odds reflecting this risk.

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Check out Betting 101 for more guides that can help you drill the fundamentals. As such, American-facing books will almost always represent the moneyline in this format. Using analytical research, key betting trends, or any other knowledge that might eliminate any guessing in a bet is called handicapping. Handicapping assigns an advantage to a team based on available evidence and statistics rather than a gut instinct.

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Betting that there will be over or under 40 points scored in the match, with equal returns for either outcome (an $11 stake will return $10.01 in total). They tell you that a $200 bet would be required to generate a $100 profit. Essentially, it means you will earn 50% of your bet amount in profit. For example, a $200 bet would net you $100 in winnings, while a $40 bet at -200 would earn you a $20 profit.

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