A moneyline bet is a straightforward type of wager in sports betting where you simply pick the team or player you believe will win a game or match. Each option is assigned odds that indicate how much you can win based on a standard bet amount, usually $100. Positive odds show how much profit you can make on a $100 bet, while negative odds indicate how much you need to bet to win $100. For example, if the moneyline for the New York Yankees is +150, a $100 bet would yield a $150 profit if they win. Conversely, if the Los Angeles Lakers have odds of -200, you would need to bet $200 to win $100. This makes moneyline betting simple and popular among both novice and experienced bettors.