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If the moneyline is positive, it is divided by 100 and add 1. Thus, +400 moneyline is the same as 5.0 in decimal odds. If the moneyline is negative, 100 is divided by the absolute moneyline amount (the minus signed is removed), and then 1 is added. For example, −400 moneyline is 100/400 + 1, or 1.25, in decimal odds.
Moneyline odds are favoured by American bookmakers. The figure quoted is either positive or negative. When moneyline odds are positive, the figure indicates the net winnings for a $100 wager (this is done for an outcome that is considered less probable to happen than not). For example, net winnings of 4/1 would be quoted as +400.
Moneyline bets do not have a spread or handicap, and require the chosen team to win the game outright. The favored team pays lower odds than does the underdog; thus, it acts mainly as an enticement to take the underdog for a better payout. Sometimes a bettor may couple this type of bet on the favored team to increase the payout of a parlay.
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Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A point spread is a range of outcomes and the bet is whether the outcome will be above or below the ...
In settling winning bets, either decimal odds are used, or one is added to the fractional odds. This is to include the stake in the return. The place part of each-way bets is calculated separately from the win part; the method is identical but the odds are reduced by whatever the place factor is for the particular event (see Accumulator below ...
Moneyline may refer to: Moneyline odds , a form of fixed-odds gambling also known as American odds Moneyline , renamed Lou Dobbs Moneyline in 2001 and Lou Dobbs Tonight in 2003, a television series hosted by Lou Dobbs on Cable News Network