A moneyline bet is a straightforward wagering option in sports betting, where bettors simply choose which team or player will win a game or match. Unlike point spread bets, moneyline odds reflect the likelihood of each outcome, with favorites having lower payouts and underdogs offering higher returns. For example, a moneyline of -150 indicates a favorite, meaning you must bet $150 to win $100, while a +200 moneyline signifies an underdog, where a $100 bet could yield a $200 profit. This simplicity makes moneyline bets popular among both novice and experienced bettors.