Table of Contents:

- Moneyline Bets Explained

- Finding The Value

- Moneyline Bet Variance

Online sportsbooks offer many types of basketball bets. Successful basketball betting requires you to not only know about basketball teams and players, you must also be able to find the good lines. **Basketball moneyline bets** are one of the most popular at online sportsbooks. A money line bet gives you two options; a small return on the favorite or a large return on the underdog. Moneyline bets usually confuse beginners to basketball betting. This guide will teach you how moneyline bets work and how you can spot the +EV lines. Around 50% of your basketball wagers should be moneyline bets. The reason you should give so much action to this particular type of bet is simple. The lines do not represent the expected outcomes. This is one of the bets that bookmakers love because they do not actually lose anything regardless of who wins. I will get into that later in this article. First, let's look at what a moneyline bet is and how it works. Here are some links to our other basketball betting guides.

## Basketball Moneyline bets Explained

Money line bets always give you two numbers; a positive number and a negative number. The numbers listed are actually dollar amounts but the dollar sign is never included. These dollar amounts represent two scenarios:

- The negative number in a moneyline bet, e.g. Miami Heat
**-225**, Detroit Pistons +275 - The negative number in a basketball moneyline bet tells you how much you need to wager to win $100. It does not represent the minimum amount yo can bet. Here is an example of a money line on an NBA basketball game; Miami Heat -225, Detroit Pistons +275. Miami is a big favorite so it only makes sense that you should have to bet more than $1 to win a $1. Betting $225 is not the minimum wager accepted by the sports book. You can bet $22.50 to win $10 or you can bet $2,250 to win $1,000. - The positive number in a moneyline bet, e.g. Miami Heat -225, Detroit Pistons
**+275**- The positive number in a money line bet indicates how much you will win on a $100 wager. The team with the positive moneyline is the underdog so that is why the bookmaker is paying 2.75:1. This can be scaled down or up. You can wager $10 to win $27.50 or you can wager $500 to win $1,375.

Now that I have explained how moneyline wagers work in basketball let's take a look at why they are one of the highest +EV wagers available at an online sportsbook. Some sportsbooks will list the moneyline odds differently though. Here is an example:

- Dallas Mavericks 7/4 - Miami Heat 10/21 = Dal +175, Mia -212

You can easily figure out the +/- using simple math. 7 divided by 4 equals 1.75. So you will win $1.75 for every $1 bet. That is the same as +175. For Miami you divide 10 by 21. This gives you .47. Every dollar you wager will win $.47 so to figure out the moneyline you just need to divide 100 by .47, which equals 212.