What does ML mean in gambling?

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Money Line is a term that is commonly used in sports betting, including in gambling on sports events such as football, basketball, baseball, and others. The Money Line is a type of betting line that is used to determine the winner of a particular event.

In a Money Line bet, you simply pick the team or player that you think will win the event, and then place a wager on them. The odds for each team or player are represented by a plus (+) or minus (-) symbol, with the minus symbol indicating the favorite and the plus symbol indicating the underdog.

For example, if the Money Line for a basketball game is +100 for Team A and -120 for Team B, this means that a $100 bet on Team A would win $100, while a $120 bet on Team B would win $100. In this scenario, Team B is the favorite and has lower odds, while Team A is the underdog and has higher odds.

Money Line betting is considered to be one of the simplest forms of sports betting, as it does not require any knowledge of point spreads, handicapping, or other complicated betting systems. This makes it an ideal option for novice bettors who are just starting out, or for those who prefer a more straightforward betting experience.

Overall, the Money Line is a popular betting option in the world of sports gambling. It provides a straightforward way to bet on the outcome of a sporting event, and allows bettors to make quick and easy wagers without the need for any complicated calculations or predictions.

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