If you are wondering what is a moneyline, in all sports, especially in major sports like Football and Basketball betting you are given the option to bet a point spread or a Moneyline bet. With moneylines, you wager which team is going to win. disregarding the point spread.
Moneyline Example:
Orlando Magic -280
Houston Rockets +240
- If you wager on Orlando -280 you lay $280 to win $100.
- If you wager on Houston +240 you lay $100 to win $240.
- The line values are determined based on the point spread. When betting moneylines you are betting on a team to win the game outright.