/markets/moneyline

What is a moneyline?

A moneyline is a bet on which team or participant wins the game outright. There is no point margin: if your side wins by any score, the bet wins.

American moneyline odds express price, not probability of your choosing: a negative number is the amount you must stake to win $100 of profit, and a positive number is the profit on a $100 stake.

Worked example

At -150, a $100.00 stake returns $166.67 in total ($66.67 of profit plus the stake). The quote restates a 60.0% implied probability — the venue's own number, not ours.

At +130, the same $100.00 stake returns $230.00 in total — $130.00 of profit.

Illustrative numbers computed with the same conversion math our comparison tables use. Prices move — confirm the number at the platform before you bet.

How a prediction market handles it

A sportsbook quotes both sides of the moneyline with its margin built into the two prices — together they imply slightly more than 100%, and that excess is the cost of the bet.

The closest event-contract analog is a Yes/No contract on the game outcome, priced in cents. A 60¢ contract bought with $100.00 returns $166.67 at settlement before any declared exchange fee — economically the same position as a moneyline, quoted in a different unit.