So let’s talk about sports betting. You see the odds posted during every game, either scrolling across the bottom of your screen or on the side in a box. Have you ever wondered what it all means? In the coming weeks we will explore sports betting in order to make you more comfortable with the terms. It easier to engage with other sports bettors if you speak the language!
On TV and in various sportsbook apps, games may be shown with several different types of bets, such as: point spread, total (also referred to as over/under), and moneyline.
The most basic wager in sports betting is the moneyline. Simply put, a moneyline is a bet on which team will win a game. There’s no point spread and no other variables. It’s just will Team Blue or Team Green win the game?
If you place a bet on the moneyline, that means you think the team you bet on will win the game. If they win, you win! Simple. While a point spread requires the team you bet on to win by a specified margin, moneyline does not.