Say you want to make a wager on who will win a specific game.

These teams may be less likely to win, but they will also bring in more money if they do. Positive numbers refer to teams not favored to win underdogs. Unlike in point spreads, where teams may be favored by 2.5 points – moneyline odds are awarded to teams individually and involve bigger numbers. Moneyline odds are often referred to as American or US odds. Positive odds are assigned to the perceived underdog. However, it can also be great for seasoned bettors to find unique betting opportunities. Moneyline betting can be a great way for beginner bettors to introduce themselves to odds. This example is the same for every sport.įor the favorite, the calculation for your profit is (100/Odds) * Bet Size. In this case, you would need to bet $215 on the Patriots to earn a $100 profit.īetting on a team with negative odds is probably a safer bet because they’re considered the favorite, but it also costs more and returns a lesser profit. Say you want to bet on a game where the Tennessee Titans are the underdogs at +185 and the New England Patriots are favored to win at -215.

Parlay moneyline bets