![]() But correspondingly, upsets happen often and an underdog victory would pay around +500 if you go that way, risking only $100 to win $500. Very heavy favorites, in the NFL for example, can carry a moneyline into the -700 or higher range, meaning you’d have to risk $700 just to win $100. A 7-point win in an NFL contest is not quite the same as a 7-point win in the NBA. Note that the conversion from spread to moneyline varies from sport to sport. ![]() A team that is a 7-point favorite could be -350 on the moneyline while the underdog on the other side sits at +285. As the point spread increases, selecting the favorite on a moneyline wager requires betting more money to achieve the same return. For example, picking a team that is a 3-point favorite (ie: -160 ML) will have a better payout than picking a team that is a 7-point favorite (ie: -350 ML).Īs an example, a team that is a 3-point favorite in an NFL game could have a moneyline status of -160 per $100 bet, which reflects a perceived fairly small gap in team levels the underdog in this case would be priced around +135. For example, if a team has plus odds of +500, the sportsbook believes the team has a low probability of winning. is to occur, while the lower the minus odds, the more likely the outcome is to occur. While the moneyline bet does not include making a pick based on the point spread, it is connected to the point spread in terms of its potential payout. What does Plus mean in Betting Plus symbol is often used in sports betting odds to indicate a team or players chances of winning. ![]() The connection from the moneyline to the point spread
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