Skip to main content
Homepage
  • Gambling 101

    70 free guides across 10 categories

  • Sports Betting

    Odds, lines, arbs & value betting

  • Casino Table Games

    Blackjack, roulette, craps & baccarat

  • Learning Paths

    6 guided curricula, beginner to pro

  • Gambling Math

    EV, house edge, probability & Kelly

  • Poker

    Hold'em, pot odds & tournaments

  • Slots & Video Poker

    RTP, volatility & optimal play

  • Horse Racing

    Handicapping, exotics & speed figures

  • Prediction Markets

    Kalshi, Polymarket & event trading

  • Getting Started

    New to gambling? Start here

  • Best Platforms by State

    Top picks for every state

  • Glossary

    78 gambling terms explained

  • Blackjack Trainer

    Perfect basic strategy

  • Roulette Practice

    European & American

  • Video Poker

    Jacks or Better & more

  • Craps Simulator

    Master the dice

  • Baccarat

    The elegant card game

  • Three Card Poker

    Ante & pair plus

  • Caribbean Stud

    Progressive poker

  • Casino Hold'em

    Texas Hold'em vs house

  • Let It Ride

    Relaxed poker variant

  • Ultimate Hold'em

    4x raise or check

  • Pai Gow Poker

    Split 7 cards into 2

  • Casino War

    Simplest card game

  • Keno

    Pick numbers, watch draw

  • Sic Bo

    Ancient dice game

  • All Practice Games

    All 16 games

  • Sportsbooks

    Licensed sports betting

  • Casinos

    Online, sweepstakes & crypto

  • Daily Fantasy Sports

    DraftKings, FanDuel & more

  • Poker Rooms

    Online poker sites

  • Pick'ems

    PrizePicks, Underdog & more

  • Horse Racing

    Track betting & ADWs

  • Online Bingo

    Bingo Clash, Blackout Bingo & more

  • Lottery

    Jackpocket, state iLottery & more

  • Prediction Markets

    Kalshi, Polymarket & more

  • Skill Gaming

    H2H, arcade & skill-based

  • All Platforms

    Browse all 220+ platforms

  • Universal Bet Calculator & Optimizer

    Arbs, +EV, holds, best odds & parlays across 20+ books

  • Calculators

    10 free betting & casino calculators

  • RNG Strategy Lab

    Build & test any betting strategy

  • Provably Fair Verifier

    Verify crypto casino game fairness

  • Pro Betting Tools

    Odds tools & strategy aids

  • Universal Odds Analyzer

    Compare, find arbs, spot +EV — all in one tool

  • Arb Finder

    Low-risk opportunities across sportsbooks

  • +EV Finder

    Positive expected value bets

  • Parlay Arbitrage Scanner

    Correlated parlay arbitrage & SGP edges

  • Pick'em Analyzer

    Find +EV DFS picks vs sharp consensus

  • Free Bet Converter

    Convert free bets to cash

  • All Odds Tools

    Browse all betting tools

  • My Platforms

    Linked platforms & VIP progress

  • Free Bonus Tracker

    Daily, weekly & custom reminders

  • My Tracked Bets

    Track bets, P&L & CLV

  • My Bonus & Promo Playbook

    Convert boosts, free bets & promos

Homepage
Join Free
BonusBell

If it's gambling, it lives on BonusBell. Track platforms, bonuses, promos, streaks, and use tools and calculators to optimize value spread across all 10+ markets, 220+ platforms, and all 50 states.

X

One email per week. Unsubscribe anytime.

Platform

  • Explore Platforms
  • Universal Bet Calculator & Optimizer
  • Calculators
Learn
  • Best Platforms by State
  • Practice Games
  • Learning Guides
  • RNG Strategy Lab
  • Provably Fair Verifier

Company

  • About Us
  • Why BonusBell
  • Business Inquiries
  • Responsible Gaming
  • Contact
  • Help Center
  • Changelog

Legal

  • Terms of Service
  • Privacy Policy
  • Data Policy
  • Disclaimer
  • Sitemap

21+ Play Responsibly | BonusBell is not a gambling operator and does not offer financial advice. Everything offered is for entertainment purposes only.

Have a gambling problem? Call 1-800-GAMBLER or visit https://www.1800gambler.net

Home/Glossary/Moneyline
All terms
Sports Betting
beginner

Moneyline

What is Moneyline?

A bet on which team or player will win a game outright, with no point spread.

Last updated:February 22, 2026

A moneyline bet is the simplest form of sports wagering: pick the winner. The odds indicate both the payout and the implied probability. Negative odds (e.g., -150) indicate the favorite — you risk $150 to win $100. Positive odds (e.g., +130) indicate the underdog — you risk $100 to win $130.

Moneyline bets are available in virtually every sport. In high-scoring sports like basketball, moneyline favorites can be very expensive (-300 or more), making the point spread more popular. In low-scoring sports like baseball, soccer, and hockey, moneylines are the primary bet type.

One advantage of moneyline bets is simplicity — you just need your team to win. There's no worrying about covering a spread.

In practice

Yankees vs Red Sox. DraftKings posts Yankees −180 / Red Sox +160. To win $100 on the Yankees you risk $180. A $100 bet on the Red Sox pays $160 profit if they win. No spread, no total — just pick the winner.

Implied probabilities: Yankees 64.3%, Red Sox 38.5%, combined 102.8% (that 2.8% is the vig). Moneylines dominate baseball, hockey, and soccer markets where a 1–0 final is routine. For underdog-seeking bettors, plus-money moneylines are the highest-variance/highest-leverage straight bet available — you can lose 6 in a row at +180 and still be printing money long-term at a 42% hit rate.

Example

<p>Yankees vs Red Sox. DraftKings posts <strong>Yankees −180 / Red Sox +160</strong>. To win $100 on the Yankees you risk <strong>$180</strong>. A $100 bet on the Red Sox pays <strong>$160 profit</strong> if they win. No spread, no total — just pick the winner.</p><p>Implied probabilities: Yankees 64.3%, Red Sox 38.5%, combined <strong>102.8%</strong> (that 2.8% is the vig). Moneylines dominate baseball, hockey, and soccer markets where a 1–0 final is routine. For underdog-seeking bettors, plus-money moneylines are the <strong>highest-variance/highest-leverage</strong> straight bet available — you can lose 6 in a row at +180 and still be printing money long-term at a 42% hit rate.</p>

Related Terms

Point Spread

A handicap applied to the favorite to create a more even betting market.

Implied Probability

The probability of an outcome as implied by the betting odds, including the bookmaker's margin.

Favorite (Chalk)

The team or player expected to win, indicated by negative moneyline odds.

Underdog (Dog)

The team or player expected to lose, indicated by positive moneyline odds.

Frequently Asked Questions

What does Moneyline mean in gambling?

A bet on which team or player will win a game outright, with no point spread.

What is an example of Moneyline?

<p>Yankees vs Red Sox. DraftKings posts <strong>Yankees −180 / Red Sox +160</strong>. To win $100 on the Yankees you risk <strong>$180</strong>. A $100 bet on the Red Sox pays <strong>$160 profit</strong> if they win. No spread, no total — just pick the winner.</p><p>Implied probabilities: Yankees 64.3%, Red Sox 38.5%, combined <strong>102.8%</strong> (that 2.8% is the vig). Moneylines dominate baseball, hockey, and soccer markets where a 1–0 final is routine. For underdog-seeking bettors, plus-money moneylines are the <strong>highest-variance/highest-leverage</strong> straight bet available — you can lose 6 in a row at +180 and still be printing money long-term at a 42% hit rate.</p>

Top Sportsbooks

Top-rated platforms reviewed by our editorial team

FanDuel Sportsbook

Best Overall Sportsbook

9.6

Best for: overall experience and ease of use

View Bonuses

DraftKings Sportsbook

Best for Promotions & Odds Boosts

9.5

Best for: daily promotions and prop betting

View Bonuses

BetMGM Sportsbook

Best for Odds Quality

9.2

Best for: sharp odds and casino crossover

View Bonuses

Find your next edge

Our tools scan 20+ sportsbooks in real time for +EV bets, arbitrage, and middles. Pro memberships coming soon.

Sign Up Free
Back to Glossary