![]() You can only get your money back on bets where a draw wasn't a betting option (sometimes in soccer, you can bet win/loss/draw, where you wouldn't get your money back in the event of a draw). Draws can only happen in certain sports like football, soccer, and boxing/MMA. In the event of a draw, your bet would be called a push, and you would get the money you wagered back. If you lose, you lose your entire wager, so make sure you are smart when placing the bet. Unfortunately, if the team you wager on loses, your moneyline bet loses as well. You could put $10 on a -1000 bet and only win $1. How much you win is completely dependent on how much you wager and what the odds are. ![]() In order to win your moneyline bet, all that has to happen is the team or player has to win the game. Unlike point spreads, moneylines win or lose simply if the team you be on wins or loses. The third outcome is a draw and is only possible in some sports, which we will go over. The two most common outcomes are a win or a loss. Moneyline Betting: Potential Outcomes Explained for MA BettorsĪfter you place your moneyline bet with WynnBet Massachusetts or any other sportsbook, there are three possible outcomes for your wager. For a pick 'em, there will also be no point spread as both teams have equal odds to win the game. If two teams are seen as very even, there will be no favorite, and both teams will have odds of -110 at somewhere like Caesars Sportsbook Massachusetts. In some rare occasions, neither team in a game is the favorite, and this is called a pick 'em, where teams have even odds. Underdogs can often provide a lot of value to bettors because of their increased odds. +150 means that bettors have to place $100 to win $150. In the previous example, if the Patriots were +150 instead of -200, they would be the underdogs. The underdog, identified by positive odds, is the team that is seen as most likely to lose. Having -200 odds at a sportsbook like BetMGM Massachusetts means that bettors would have to wager $200 in order to win $100. the NY Jets, that means they are the favorites to win. The favored team is the team the sportsbooks have decided is most likely to win and is denoted by negative odds. Another way for bettors to increase their odds is by taking advantage of the best offers, such as the DraftKings Massachusetts promo code. ![]() If the Boston Red Sox are playing the New York Yankees and the odds are New York ML -150 and Boston ML +175, the Red Sox are the underdogs meaning they have a lower chance to win but a higher payout. When looking for a moneyline wager, there will be two things to look for which team is the favorite and which team is the underdog.
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