How do you gamble on the moneyline?

Answer 1

A bet on the money line is simply a bet that a team will win a match. When betting the favorite on the money line, you need to risk more than the amount that you'd like to win; the favorite is indicated with a negative sign ( - ) in front of the odds. When betting on the underdog on the money line, you stand to win more than you risk; the underdog is indicated with a positive sign ( + ) in front of the odds.

Here is an example from NFL football: KC Chiefs +135 vs St. Louis Rams -155

In this example, a $100 bet on the Chiefs would win $135, plus you get back your original $100 stake, of course. You would need to bet $155 on the Rams to win $100, plus you get back your original $155 stake, of course. You don't need to bet $100 or $155... you can bet any amount, and the winnings would be adjusted accordingly. For example, a $10 bet on the Chiefs would win $13.50; a $27 bet on the Rams would win $20.

"Money line" is sometimes abbreviated as "ML".