Wager Mage
Photo by Francesco Ungaro Pexels Logo Photo: Francesco Ungaro

What does +240 mean on the moneyline?

Positive moneyline: +145, +220, or anything similar represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers. The number also indicates how much money would win in comparison to every $100 you wager.

Are quick hit slots good?
Are quick hit slots good?

Quick Hit slots tend to have a medium or high variance. This can see relatively long gaps between winning spins, but the flip side is that prizes...

Read More »
How to win multi bet everyday?
How to win multi bet everyday?

The best and most accurate options include over 1.5 goals, under 3.5 goals and GG.In a multibet of 3 games, ensure you have 1 game with over 1.5...

Read More »

In the world of sports betting, a moneyline bet is simply betting on which team you expect to win. It doesn’t have anything to do with a margin of victory (sports betting point spread), how many points the teams combine to score (sports betting Over/Under) or anything else — it is purely betting on which team you expect to win the game. You may also see a moneyline bet listed as “Moneyline” or “ML” in different spaces. Moneylines are represented in negative, positive and EVEN (even money bet: bet $100, win $100) values.

Catch the excitement and bet with Tipico

Double Down, Ohio! Deposit $200, Get $250. Bet now!

In Colorado and New Jersey, claim your 100% Deposit Match up to $250 now. Bet now! 21+, see Tipico.com for Terms and Conditions.

Negative moneyline: -145, -220, or anything similar

When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game. That number also indicates how much money you need to bet/spend in order to win $100. For example, a -220 moneyline means you need to bet $220 in order to win $100 provided the team you bet on actually does win. Heavy favorites are known in sports betting as a “chalk” pick. A heavy favorite usually has a number pushing +300 or more. Here, you’re wagering a lot on the favorite to win a little. Don’t assume that a heavy favorite, or chalk pick, is a guaranteed winner…

Positive moneyline: +145, +220, or anything similar

When you see a plus (+) sign in front of a price, it illustrates to you that team is the underdog. Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers. The number also indicates how much money would win in comparison to every $100 you wager.

Can your phone still be tracked with a VPN?
Can your phone still be tracked with a VPN?

The more places your information is stored, the more vulnerable you are to data leaks. A VPN hides the demographic data sent with your internet...

Read More »
Should I double down on soft 16?
Should I double down on soft 16?

2. When you have a soft 16, 17 or 18 (this means that you have a card plus an ace). Here you should generally only double down if the dealer is...

Read More »

For example, a +150 moneyline means you would win $150 for each $100 wager you place should that team win the game.

Moneyline examples:

Lets use an NFL example here:

New England Patriots -240

Miami Dolphins +220

To bet the New England Patriots to win on the moneyline, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. Your return would be $340 – the original $240 stake (bet) and the $100 bet profit. To bet the Miami Dolphins to win on the moneyline, you would spend $100 on the bet for a chance to win $220 if the Dolphins, as the underdog, beat the Patriots. Your return would be $320 – the original $100 stake (bet) and the $220 profit. In both situations, it doesn’t matter if the team you bet on wins by one point or 100 points. You’re purely betting on the team you believe will win the game. As Al Davis said, “Just win, baby.” That’s exactly what you’d be looking for out of your selection. It doesn’t have to be pretty, it just has to happen or your original stake is lost.

Play our free daily Pick’em Challenge and win! Play now!

Want some action on a sporting event? Bet legally online with a trusted partner: Tipico Sportsbook, SportsbookWire’s official sportsbook partner in OH, CO and NJ. Bet now! If you’re looking for more sports betting picks and tips, access all of our content at SportsbookWire.com and BetFTW, or try out our USA TODAY Parlay Calculator. Please gamble responsibly.

Follow SportsbookWire on Twitter and like us on Facebook.

How do you know if a girl wants you to touch her?
How do you know if a girl wants you to touch her?

Female Body Language Signs of Attraction She Will Keep Playing With Her Hair. ... She'll Flash A Genuine Smile At You. ... She'll Bite Her Lip. ......

Read More »
Are slot machines programmed?
Are slot machines programmed?

Easily, as it turns out: the slot machines' algorithm is programmed to work randomly. That means, it's programmed to show 'a' set of symbols across...

Read More »
Is straddle a good strategy?
Is straddle a good strategy?

A straddle implies what the expected volatility and trading range of a security may be by the expiration date. This strategy is most effective when...

Read More »
What does 7.5 mean in baseball?
What does 7.5 mean in baseball?

Under 7.5 (-110) In this prop bet, you are betting on how many strikeouts Clayton Kershaw will have. Whether you pick over or under 7.5 strikeouts,...

Read More »