Neither side is the favorite or the underdog.
In this case, the sportsbook considers both teams equal competitors. Sometimes, both sides will have -110 odds. Similarly, a bet on a tie or draw wins if the game results in a tie. A bet on the underdog wins if they win outright. A bet on the favorite wins if they win outright. How does the Moneyline Bet Win or Lose?įavorites will have minus moneylines.
Bet on a tie just like you would bet on either side. This is common for soccer and hockey games where point scoring is limited. Many sportsbooks offer a moneyline for a draw or tie in addition to the moneylines for each side. Two, it balances the sportsbook’s action. One, it rewards moneyline bettors relative to the risk they took. On the other hand, bettors taking the underdog will risk less money for a smaller payout. Bettors taking the favorite will risk more money for a smaller payout. The stronger side is called the favorite. Most sports matchups have a stronger and weaker side. Odds for each side determine risk and win amounts. Some sportsbooks offer moneylines for quarter, half, period, or the first 5 innings of a baseball game. A moneyline bet is placed on a team or side to win the game outright.
