If the New York Yankees are +150 against the Arizona Diamondbacks, they would be considered the underdog. The odds are against these teams but choosing the right moneyline wager can be profitable. Because these teams aren't expected to win, bettors need to bet smaller amounts to win a potentially big payout. There's one in every matchup, whether it's a slight difference in the moneyline or a matter of huge underdogs needing everything to go right to pull off the upset. The Underdog TeamĮveryone loves a good underdog. So, if the Kansas City Chiefs are listed as -150 against the Arizona Cardinals, they are the favorite. The favorite is indicated at Arizona sportsbooks with a minus moneyline number, meaning bettors need to bet more money for a potential payout because of the expectation that the favorite will win.
This is the team that is expected to win based on several different factors. Whether a team has more talent, is healthier, is playing at home or has a scheduling advantage, there will always be one favorite in every matchup. There can be incredibly large gaps between those two numbers if one team is heavily favored, or the differences can be minimal in what is expected to be a closely contested matchup. Each matchup consists of two different moneylines – a favorite expected to win the matchup and an underdog expected to lose the matchup. Moneyline odds, which are often called American odds as well, are set according to the likelihood that a team or player will win a certain matchup. What Does Moneyline Mean And How Is A Moneyline Bet Used?
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