What Does A Money Line Mean
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The legal sports betting world is changing. Quickly.
New states are opening their arms to the world of legal sports betting and are opening opportunities for you to take part in making legal sports bets on your favorite teams in casinos, race tracks and through online betting.
Part of our goal at SportsbookWire is to educate the new and/or casual sports bettor on the typical terms around legal sports betting and the various nuances that go into making a sports bet or wager.
In sports betting, a negative money line (represented as -200, -300, -400, etc.) represents the amount of money that you need to bet in order to win $100 if your bet is correct.
Here are some negative money line examples:
The New England Patriots areOne of the most popular ways to bet on sports is the moneyline. This common betting option is used by new, recreational and experienced bettors and it’s one of the simplest ways to make a sports bet because you’re wagering only on which team will win or lose. Odds Shark’s Moneyline Betting Guide will explain the wide variety of moneyline bets that can be made, why and how sportsbooks display the odds and how. The Three-Way Moneyline in Soccer Wagers in soccer are decided after full-time, which refers to the full 90 minutes on the clock, plus any additional time that is added by the referee for injuries, stoppages, or any other reason. The moneyline represents the value, or price, that a bettor is a paid out at if the competitor or team they bet on wins the game or match. It will be easier to understand how a moneyline works if we look at a specific example. This means that the money line odds on Denver to win the game, without any other conditions, such as point spread, straight-up are +145 and the money line on the Patriots to win the game is -165. Here would be a great time to explain what these numbers (or 'lines') mean.
![Moneyline meaning Moneyline meaning](https://www.topratedbettingsites.co.uk/pics/what-does-moneyline-mean.jpg)
It’s actually pretty easy and we’re sure you get the point here.
Fractional odds of 1/2 and decimal odds of 1.5 are also equivalent in this scenario.
A negative money line is also considered as the favorite – or chalk pick – by the oddsmakers.
We’ll get into that more in other pieces, but the heavier the team, player, situation or bet in general is favored to succeed, the higher the negative money line.
What Does A Negative Moneyline Mean
For example…
In the first round of the 2018-19 NBA Playoffs, the Golden State Warriors money line was![What What](https://www.ledger.com/wp-content/uploads/2020/04/cover_centralizedAndDecentralizedFinance.png)
![Moneyline Moneyline](https://www.thebalance.com/thmb/P4hrykiDF6lXLebYWXBW8T7uazY=/1500x1000/filters:no_upscale():max_bytes(150000):strip_icc()/how-do-you-fill-out-a-money-order-315051-ADD-FINAL-0dff19a2360545d7ab81d84299677045.png)
What Does A 200 Money Line Mean
If you’re looking for more educational information on sports betting and terms around such, be sure to check out our How to Bet on Sports 101 section for a variety of betting definitions, betting terms and sports betting strategies to help you build your bank account.