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#Moneyline odds plus#

As such, you make a concerted effort to look for other opportunities first, such as favorites at odds of -180 or less.Īfter breaking down enough games on the other side, you’ll begin to understand that huge underdogs are that way for a reason. After you do this enough times, you’ll be able to figure out the range of returns quickly anyway, and that can help you be more selective with your choices.įor example, you may find that huge favorites are relatively safe wagers, but that the returns aren’t what you have in mind on a long-term basis. To that end, it can be helpful to break down the game first prior to worrying about what the potential return will be. Making the correct call is the bottom line, so your choices should revolve around which side you think has the greater chance to win. Once again, it’s important not to let the potential return be your guide. You’ll see less of a return for betting on that side as a result, while successful wagers on the underdog Bulls would see a bigger return.

In this fictitious NBA matchup, the Rockets are a decent-sized favorite. When looking at moneyline odds, the favorite and the underdog will be readily apparent. Normal handicapping rules apply with moneyline betting, and the goal is to place your bets on the side you feel gives you the greatest chance of being right. However, that doesn’t mean you should randomly place your wagers on underdogs and hope for the best.

#Moneyline odds plus#

$100 bet at odds of -130 = potential total return of $176.90 (the original $100 stake plus a profit of $76.90).Īs you can see, a successful bet at positive odds offers the chance for greater returns than successful bets at negative odds.

$100 bet at odds of +110 = potential total return of $210 (the original $100 bet plus a profit of $110).

Here’s the math on both sides for a $100 wager. So how do the odds impact what the actual return will be. For the underdog Rams, successful bets on that side pay out at odds of +110. In this fictitious game, the 49ers are favored, and bets on that side will pay out at odds of -130 if correct. Here’s what they’ll look like at an online sportsbook using a random NFL game as an example. The favorite will be designated with negative odds, while the underdog will have positive odds attached. Oddsmakers will attach odds to both sides of the equation. How Does the Moneyline Work?Īfter a quick glance at the moneyline odds, you will immediately know which side is the favorite or the underdog in a game.

We’ll be covering that in more detail as we move along. It can be helpful to be selective with which wagers you place on the moneyline. There will be times when you find that the underdog makes the most sense, but there will also be plenty of times when you come up with the favorite as the answer to the question. In a nutshell, you’ll see larger returns for correct bets on underdogs, but you shouldn’t let that be the determining factor on your choices. Returns are going to vary based on which side you bet on. For now, just know that it’s not as complex as it may sound. We’ll cover some tips on handicapping in a bit.

Once you know that, the task at hand is to handicap the game and figure out which side you like. The sole concern is which side will win the contest. The favorite will have negative odds attached, while the underdog has positive odds. There are no point spreads attached or any other factors to consider. A moneyline wager is a straight bet in sports betting.