What does a +500 money line mean?

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.

sportsbookwire.usatoday.com - Betting 101: What is a moneyline bet in sports betting? - Sportsbook Wire

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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.

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. 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.

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Why can I not cash out my bet?

If cash out becomes unavailable to you, it is most likely for one of the following reasons: Your cash out value is less than the Free Bet stake you've used, cash out will be available again if the value increases. The market is suspended temporarily due to match incidents and market suspension.

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Why Might your Cash Out not be Working or Available?

Cash Out isn't available for all markets on our Sportsbook. But, it's available for a lot! If cash out becomes unavailable to you, it is most likely for one of the following reasons: Your cash out value is less than the Free Bet stake you’ve used, cash out will be available again if the value increases. The market you’ve bet on does not have cash out available (eg. some Power Prices, football handicap markets) The market does not go in-play (eg. #WhatOddsPaddy) The market is suspended temporarily due to match incidents and market suspension. eg: when prices are changing after a goal, VAR, break point, try etc. If the bet features multiple in-play games, the risk of suspension increases and more patience may be required. The third-party provider who covers the sporting event has unfortunately not been able to continue coverage, as originally agreed. Pricing and cash out have been lost as a result. Technical issue with your cookies. Please delete your cookies and try again.

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