Moneyline (H2H)
A moneyline (or H2H) bet is the simplest wager: pick which team or competitor will win outright, no spread or handicap involved.
Reading Moneyline Odds
American format: −150 means bet $150 to win $100 (favorite). +200 means bet $100 to win $200 (underdog). Decimal format: 1.67 (favorite) or 3.00 (underdog) — your total return per $1 staked. Both convey the same prices.
Moneyline Strategy
Big favorites (−300+) give you low return per dollar but high hit rate. Underdogs (+200+) deliver variance but bigger payouts. The skill is identifying favorites priced too low or underdogs priced too high — line shopping and devigging are essential.
Three-Way vs Two-Way
Soccer moneyline is three-way (home, draw, away). Most U.S. sports are two-way (winner / loser, no draw). Three-way markets carry slightly less vig but require analyzing draw probability — a common edge for value bettors who underweight draws.
Frequently Asked Questions
Is moneyline the same as H2H?
Yes — "H2H" (head-to-head) is the term used in Europe and on betting exchanges; "moneyline" is the American term.
Why are some moneylines so heavy?
Mismatches (Chiefs vs cellar team) push the favorite to −600 or more. Always check whether the implied probability matches your estimate before betting heavy favorites.
Apply this concept to live value bets.
Browse Value Bets →