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Moneyline explained: what is a moneyline bet
A moneyline bet means you pick the winner – nothing else. Enter a price and a stake in the calculator to see profit, payout and the chance the price implies.
Red 1.67Favourite
$10.00 wins $6.67, back $16.67
Bet $150 to win $100. Chance by price: 60.0%
Blue 2.30Underdog
$10.00 wins $13.00, back $23.00
$100 wins $130.00. Chance by price: 43.5%
Together the two prices imply 103.5%. A fair pair adds up to 100% – the extra 3.5% is the bookmaker’s margin.
How it’s calculated
American to decimal: plus price → 1 + a ÷ 100; minus price → 1 + 100 ÷ a.
Chance by price = 1 ÷ decimal: 60.0% and 43.5%.
Margin = 60.0% + 43.5% − 100% = 3.5%.
Favourite vs underdog moneyline
Favourite (minus price)
- Example price −200 = decimal 1.50.
- Minus number = what you risk to make $100 profit.
- At −200 you risk $200.00 to make $100 profit.
- $10.00 bet: profit $5.00, payout $15.00.
- Implied chance: 66.7%.
Underdog (plus price)
- Example price +150 = decimal 2.50.
- Plus number = profit on a $100 stake.
- $10.00 bet: profit $15.00, payout $25.00.
- Implied chance: 40.0%.
Common moneyline prices at a glance
| Price | Decimal | Implied chance | Payout on $10.00 (unrounded) |
|---|---|---|---|
| −200 | 1.50 | 66.7% | $15.00 |
| −110 | 1.91 | 52.4% | $19.09 |
| +100 (evens) | 2.00 | 50.0% | $10.00 × 2.00 |
| +150 | 2.50 | 40.0% | $25.00 |
Unrounded examples. Payout = stake × decimal odds, including stake. PROLINE settles on decimal odds; in-store payouts are rounded to the nearest ten cents. Try the Bet payout calculator.
Profit from a minus price
Profit = stake × 100 ÷ price (drop the minus sign); payout = stake + profit
Example: For example −200: $10.00 × $100 ÷ $200.00 = $5.00 profit; $10.00 + $5.00 = $15.00 payout.
Moneyline in hockey and soccer
Hockey: OT and shootout count
On PROLINE, hockey match markets with no stated timeframe include overtime and shootouts. In the data used on this site, 24.8% of NHL games go past regulation.
Regulation only: 60-minute line
Regulation-only bets settle on the result at the end of regular time (three periods) and include a tie option. See the 60-minute line page for details.
Soccer: Draw No Bet
PROLINE Draw No Bet (aka Moneyline): pick 1 or 2. A draw voids it: a single is refunded; a parlay removes that leg and is paid on the remaining legs.
Winner only, no handicap
Moneyline ignores the score margin. To bet on a margin, see the puck line or the point spread.
Sources
- olg.ca /en/proline/proline-game-conditions.html · checked Oct 27, 2026
Questions
What is a moneyline bet?
A bet on who wins the game, with no point spread or handicap. You pick a team; if it wins, you get stake × decimal odds back.
What do minus and plus mean on a money line?
Minus marks the favourite: the amount you risk to make $100 profit, for example −200. Plus marks the underdog: the profit on a $100 stake, for example +150.
Does a hockey moneyline include overtime and shootouts?
On PROLINE, yes: hockey match markets without a stated timeframe include overtime and shootouts. For regulation only, use the 60-minute line. Other operators set their own rules – check them.
What happens to a moneyline bet if the game ends in a draw?
It depends on the market. A team bet in 1X2 loses on a draw. A PROLINE Draw No Bet is void: a single is refunded, and in a parlay that leg is removed.
How is a PROLINE moneyline payout calculated?
Stake × decimal odds of the selection. PROLINE settles on decimal odds even if you view American or fractional odds, and pays on the actual odds. In-store payouts are rounded to the nearest ten cents, so $19.09 would be rounded too.