If the team you want to bet on has -200 odds on the moneyline, they're the favorite, and you'll win $50 if you bet $100.Moneyline bets are essentially bets on one thing to happen, usually the team to win. Let's say you're looking at two teams competing in a sporting event. There are few key types of bets: Betting odds example: Moneyline These are negative/positive values that indicate how much a bettor can win based on a $100 bet. Reading betting odds on your standard sportsbook in the US, you'll probably be looking at American odds.