In sports betting, the money line represents the odds associated with a particular team or player winning an event. Unlike point spread betting, which adjusts the final score by a set number of points to determine a winner, money line betting simply requires the bettor to select the outright winner. The odds are presented in either positive or negative formats; for example, a money line of +150 indicates that a bettor would win $150 on a $100 wager if the selected team wins, while a money line of -200 means that a bettor must wager $200 to win $100 if that team wins. This method of betting is popular in various sports, including baseball, hockey, and soccer, where scoring can be less predictable.
Money Line Example
For example, if a bettor places a $100 money line bet on a team with odds of -150, they would need to wager $150 to win $100 if that team wins the game. Conversely, if they bet on a team with odds of +200, a successful $100 wager would yield a $200 profit.