What is a Moneyline?
Moneyline (or 'Money Line') is the American name for the market used for betting on a team or player to win a game or event. Also known as the 'head-to-head' or 'win-loss' market, a moneyline bet is the simplest and one of the most common types of bet. A moneyline bet is a bet placed on who you think will win the game. In the moneyline market there will always be a favorite and an underdog. The favorite is the team, player or outcome that has a better chance to win compared to its opposing bet in that market which is classified as the underdog.
When betting on the moneyline market there are sometimes very one-sided odds, in comparison to the spread market where odds are relatively even. This is because they are head-to-head bets, and often in sports there are one-sided contests where there is a heavy favorite. For example, often in college sports there are times a D1 team plays a lower ranked college, in this case it is not unheard of to see the D1 team with moneyline odds of -2000 compared to the underdog team whose moneyline odds are likely to be around +1700. This is why some bettors prefer betting ATS as there is more value in betting on a team at odds around -105 with a handicap attached to them rather than betting on a team to win outright at -2000 odds. However, if you manage to pick a winner at +1700 you are doing very well and shows how there can be greater upside to moneyline betting compared to spread betting.