H
Hasan77
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When odds are expressed as a moneyline, it means that the odds are presented in a specific format commonly used in the United States to indicate the potential payout for a winning bet. The moneyline odds display the amount of money you would need to wager or the amount you would win for a $100 bet.
In a moneyline format, you will typically see a positive or negative number associated with a specific outcome or team. Here's how it works:
Positive Moneyline (+): A positive moneyline indicates the potential profit you can make on a $100 bet. For example, if you see a moneyline of +150, it means that if you bet $100 on that outcome and win, you would receive $150 in profit, in addition to your original $100 bet. So, your total return would be $250 ($100 initial bet + $150 profit).
What does it mean when odds are expressed as a moneyline?
In a moneyline format, you will typically see a positive or negative number associated with a specific outcome or team. Here's how it works:
Positive Moneyline (+): A positive moneyline indicates the potential profit you can make on a $100 bet. For example, if you see a moneyline of +150, it means that if you bet $100 on that outcome and win, you would receive $150 in profit, in addition to your original $100 bet. So, your total return would be $250 ($100 initial bet + $150 profit).
What does it mean when odds are expressed as a moneyline?