However, with a moneyline, since you are only picking the team to win the game without a point spread involved, the odds will vary based on the strength of the two teams, or players involved. With a point spread, the spread is used to make the game “even” and it is usually accompanied by -110 American odds in football and basketball. The odds for the moneyline will be adjusted based on each team or player’s ability, which means there is much more variability in terms of how much you can win or lose than compared to a point spread. Here is everything you need to know about moneyline bets: Moneyline Bets Explained & MeaningĪ moneyline bet is simply when you pick the winner of a given sporting event. However, if you’re looking to pick the winner of a sporting event but aren’t sold on a team covering the point spread, then a moneyline bet is the perfect option for sports bettors. When betting on a sporting event, there are a variety of wagers that a bettor can place on the game.

Underdog moneyline parlay