A moneyline bet is a straightforward type of wager used in sports betting. Instead of point spreads, it focuses solely on which team or player will win a game or match. Each participant is assigned odds that indicate how much you can win based on a $100 bet. For example, if a team has odds of +150, a $100 bet would yield a $150 profit if they win. Conversely, if a team has odds of -200, you would need to bet $200 to win $100. This system makes it easy for bettors to understand potential payouts.