Otherwise known as 'head-to-head' betting or a 'straight bet'. This is a bet type where you only have to pick the winner of an event. That is to say that you don't have to pick by how much a team will win or lose but simply who will win the game. The odds on each of the outcomes can be varied depending on the chances of the outcomes.
Odds expressed in terms of money. With money odds, whenever there is a minus (-) you lay that amount to win a hundred dollars, where there is a plus (+) you get that amount for every hundred dollars wagered.
Definition: When you bet on the "Money Line" the team you bet on must win the game straight up in order to win your bet, regardless of how much your team win by. Examples: Betting on the Cubs at -130 means you must risk $134 to win $100. It does not matter by how many points the Cubs win by, all that matter is that they win. The Cubs are the favorites to win the game.
When you bet the money line, the winner of the game is the winner of th bet. Betting the money line is one of two common ways of betting on a side to win; the other common method of betting a side is against the spread.
the amount the player must wager to win $100.00, or the amount the player wins on a wager of $100.00. No handicap is given, such as a point spread or run line. The team wagered on just has to win the game. Payoffs are based on true odds rather than fixed odds. The amount the player lays or takes may vary each time.
The money line is an indicator of the odds that a team will win. A negative money line represents how many dollars you would need to bet to win $100. A positive money line represents how many dollars you would win if you bet $100.
Odds expressed in terms of money risked or won if systems $100. A positive number refers to an underdog and expresses the amount of money won if systems $100. A negative number refers to a favorite and expresses the amount of money necessary to risk to win $100.