Moneyline

Moneyline

Basic Betting

Definition

A bet on which fighter will win outright (no point spread involved). The moneyline odds indicate the payout relative to a \$100 stake – favorites have a minus sign and underdogs a plus sign.

Formula

For negative odds: $\dfrac{|Odds|}{|Odds| + 100} \times 100\%$; for positive odds: $\dfrac{100}{Odds + 100} \times 100\%$.

Example

Crawford +160 implies a 38.5% chance of winning (underdog), while Canelo -160 implies a 61.5% chance (favorite).