Don’t assume that a heavy favorite, or chalk pick, is a guaranteed winner… Positive moneyline: +145, +220, or anything similar Here, you’re wagering a lot on the favorite to win a little. A heavy favorite usually has a number pushing +300 or more. Heavy favorites are known in sports betting as a “ chalk” pick. That number also indicates how much money you need to bet/spend in order to win $100.įor example, a -220 moneyline means you need to bet $220 in order to win $100 provided the team you bet on actually does win. When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game. Negative moneyline: -145, -220, or anything similar
Moneylines are represented in negative, positive and EVEN (even money bet: bet $100, win $100) values. You may also see a moneyline bet listed as “Moneyline” or “ML” in different spaces. It doesn’t have anything to do with a margin of victory ( sports betting point spread), how many points the teams combine to score ( sports betting Over/Under) or anything else - it is purely betting on which team you expect to win the game.
In the world of sports betting, a moneyline bet is simply betting on which team you expect to win.