A Straight up bet or Moneyline is a wager on which player or team will win the game outright without having to consider any point spread odds. The easiest way to think of straight up bets is that they are odds on who will win the game or match.
A Moneyline bettor doesn’t have to think of who wins by how many goals or points; all that matters is who emerges victorious at the end of the sporting event. If you pick a team to win a game and that team emerges victorious, then you win the bet, irrespective of the scoring or winning margin. However, if that team loses, then you lose the bet.
Dallas Cowboys -150
Washington Redskins +170
In the example above, Dallas is the favorite (as is highlighted by the negative sign) while Washington is the underdog. The -150 odds simply mean that you have to bet $150 on Dallas win $100 (for a total payout of $250 if the Cowboys win the game). Conversely, the +170 odds mean that you will win $170 for every $100 dollar wagered on Washington (for a total payout of $270).