Sunday, 23rd October, 2016

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What is a Money Line?

Moneyline odds are often referred to as American odds, as they are most commonly used by American bookmakers like 5Dimes. Moneyline refers to the odds on a result of a game with no thought given to the point spread. Moneyline odds are usually either positive or negative depending on the reasoning.

Positive figures are odds which refer to how much money will be made on a bet of $100. So for example on a +160 line a bet of $100 would result in a win of $160.

Negative figures are odds which refer to how much you would need to bet to make a profit of $100. So for example on a -160 line a bet of $160 would result in a win of $100.

As a result of this -100 would be exactly the same as +100, and would be the even point of moneyline odds.

You can see which team is the favourite in an event by the moneyline odds. The favourite is always the team with the minus odds, as this is the bet where you would need to place a larger amount to win the same profit.

For example a match between the San Francisco 49ers at the Arizona Cardinals the money line is as per the following.

San Francisco 49ers -125
Arizona Cardinals +105

A winning $100 bet on the 49ers would result in a return of $180 ($80 profit) while a winning bet on the Cardinals would result in a return of $205 ($105 profit)

It is worth remembering that although money lines are displayed based on bets of $100, you do not have to bet this amount. Any figure within the minimum and maximum bets of a sportsbook would be accepted.

For those unfamiliar to moneyline odds it is fairly simple to convert them to decimal odds, with the process changing whether you have a positive or negative moneyline. For positive you divide by 100 and add 1. For example a moneyline of +300 is 300/100 + 1 = 4.00. For negative you remove the negative sign, then divide 100 by the moneyline and add 1. For example a moneyline of -300 is 100/300 + 1 = 1.33.

Here’s a simple table to show some of the most common moneylines, and their equivalents in fractional and decimal odds.


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