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Moneylines
A moneyline is a bet on who wins, with no point spread attached. The favourite is shown with a minus price (the amount you risk to win 100) and the underdog with a plus price (the amount you win on a 100 stake). The bet is simple; the price, and the house rules that decide what counts as a win, are where the detail sits.
Newest in Moneylines
PaddockWhat Is the Moneyline in Baseball? Starters and Run Lines
PaddockWhat Is a 3-Way Moneyline? The Draw Leg, Priced
PaddockMoneyline Betting Meaning: Who Wins, and the Fine PrintHow do you read moneyline odds?
A price of -150 means you risk 150 to win 100. A price of +130 means a 100 stake wins 130. Any price converts to an implied probability: for a minus price, divide the price by the price plus 100 (150 / 250 = 60%); for a plus price, divide 100 by the price plus 100 (100 / 230 = about 43.5%). Add both sides of a game and the total comes out above 100%. The excess is the book's margin, and comparing it across books on the same game is the quickest way to see who is charging more for the same pick.
What is the difference between a two-way and a three-way moneyline?
In sports where a game can end level, such as soccer and, in regulation time, hockey, books offer a three-way line: home, draw and away, settled on regulation time only. The draw is its own outcome with its own price, so the margin is spread over three slices instead of two. A two-way line on the same match either includes overtime or refunds a draw (draw no bet), which is why the favourite's price looks so different between the two markets.
What house rules change a moneyline?
The fine print decides edge cases: whether overtime counts, how a tie in an NFL game is settled, what happens to a bet when a game is postponed or abandoned, and in baseball, whether the bet stands if a listed starting pitcher is scratched. These rules differ between books, and they are written down in each book's house rules. We read them before we explain a line.
How does SpeedBet cover moneylines?
Our moneyline reads convert the price to a probability, show the margin, and quote the rule that settles the awkward cases. No picks, no locks.
Where should I start?
Begin with what moneyline betting means, then go sport by sport: the moneyline in baseball for listed pitchers and the run line, and the 3-way moneyline for soccer and hockey. If you are thinking of stringing moneylines together, read the parlays hub first.