Betting 101: Moneyline
Favorite (-): The team that is likely to win the game. The favorite is shown by the minus sign (-) in front of their moneyline odds
Underdog: The team that is likely to lose a game. The underdog is shown by the plus sign (+) in front of their moneyline odds
Odds: Odds determine how much money will be made if the bet succeeds. American odds are written with a plus or minus sign in front of a number. A minus sign shows how much money will have to be wagered to make $100. A plus sign shows how much money will be made if $100 is wagered.
Ex: For odds of -200: If you wager $200 you stand to profit $100
Ex: For odds of +200: If you wager $100 you stand to profit $200
Pick’em: When there is no favorite or underdog in a game, the moneyline is a pick'em. This means both teams’ odds are even money, or +100.