Moneyline Odds

Moneyline odds are the most popular form of betting odds in the United States. In a moneyline bet, the gambler is simply betting on who will win the game.

For example, let's say that you want to place a moneyline bet on the New England Patriots to beat the Miami Dolphins. The Patriots are listed as -280 favorites, while the Dolphins are +240 underdogs. This means that a $100 bet on New England would net you a total of $28 if they win, while a $100 bet on Miami would net you $240 if they pull off the upset.
Point spread odds are used in sports betting to predict who will win a game and by how much. Bettors use point spread odds to calculate their potential payouts. The favorite team is typically given a handicap, or point spread, of a certain number of points. The underdog is given a head start of the same number of points. So, if the favorite is favored by 6 points, then they must win by 7 or more points for bettors who bet on them to collect; otherwise, those who bet on the underdog will win their bets. In most cases, the point spread odds will be listed alongside the moneyline odds.