This article explains draftkings moneyline wagers in clear, practical terms. You will learn what a moneyline is, how American odds work, how DraftKings grades contests across sports, and how to calculate payouts. The goal is to give you concise, reliable steps to place and check a moneyline wager, with links to the official DraftKings House Rules and help pages where appropriate. The content is factual and based on DraftKings' published guidance and standard explanations of American odds.

A DraftKings moneyline is a bet on which side wins and is settled per the operator's House Rules.

American odds show how much to stake or how much you would win; negative means stake to win 100, positive means profit on 100.

Promotions may change displayed value but official payouts follow posted odds and settlement rules.

How DraftKings defines a moneyline

A DraftKings moneyline is a straight wager on which team or participant wins the contest, with settlement governed by DraftKings Sportsbook House Rules; this means the result and payout follow the operator's published grading rules for each sport, not a separate market interpretation Sportsbook House Rules.

Confirm grading rules and availability first

Before placing any moneyline wager, consult the DraftKings Sportsbook House Rules and your state availability page to confirm how outcomes are graded and whether you are eligible to bet.

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That short, practical definition covers the core idea: a moneyline is simply a bet on the winner, and the exact conditions for grading a win can differ by sport and market type; always check the relevant House Rules for any exceptions or special timing rules Sportsbook House Rules.

Reading American odds on DraftKings

DraftKings displays moneyline prices as American odds, which tell you how much to stake or how much you will win; negative odds show how much you must risk to win 100, while positive odds show profit on a 100 stake Moneyline Bet Definition and Examples.

For a clear example, a -150 price means you must stake 150 to win 100; the 150 is the required stake and the 100 is the net profit if the selection wins. Presenting the idea this way helps avoid confusion between total payout and net profit Moneyline Bet Definition and Examples.

Conversely, a +200 price means a 100 stake returns 200 in profit, so your total return would be 300: the 100 you risk plus 200 profit. Reading odds in these plain terms makes it easier to estimate value and compare markets Sports Betting 101: Understanding American Odds.

To relate odds to chance, remember that implied probability is an estimate derived from American odds; shorter negative prices imply a higher probability, while larger positive prices imply a lower implied probability. Converting odds to implied probability can help you judge whether a posted moneyline offers value Sports Betting 101: Understanding American Odds.

When moneyline bets are graded: sport-specific house rules

DraftKings grades moneyline bets based on the Sportsbook House Rules, and those rules vary by sport; the rules define whether overtime counts, how officiating decisions affect outcomes, and the exact timing used to settle markets Sportsbook House Rules.

As common examples, most standard US sports moneylines include overtime unless the market explicitly states otherwise, while 3-way soccer moneylines are typically graded after 90 minutes plus stoppage, not including extra time or penalty shootouts; the House Rules explain these sport-specific conventions in detail Sportsbook House Rules. See DraftKings soccer rules and a CBS Sports soccer guide.

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Because grading language differs across sports, you should consult the sport-specific section of the House Rules before assuming how a market will settle; that check avoids surprises when a market excludes extra time or treats an event outcome differently Sportsbook House Rules. Funded Plays evaluations guide.

How to place a moneyline bet on the DraftKings app and site

On DraftKings, moneyline prices are shown next to each team or participant; to place a bet, tap or click the price you want, which adds the selection to your bet slip and displays the price and potential payout on the slip How do I place a bet on DraftKings Sportsbook?.

Close up smartphone bet slip showing draftkings moneyline odds -150 and +200 with stake 50 and payout 83.33 on a Funded Plays dark background

After the selection is in your bet slip, enter the stake amount you want to risk and the slip will show the net profit and total payout based on the posted American odds; confirm the wager only after you have verified the stake and market details on the slip How do I place a bet on DraftKings Sportsbook?.

Remember, DraftKings Sportsbook wagering is available only to customers located in approved jurisdictions and who meet the applicable age requirements; the app enforces geolocation checks and account eligibility before you can confirm a sportsbook moneyline wager Where is DraftKings Sportsbook available?.

Calculating payouts: favorite and underdog examples

To calculate a payout for a favorite priced at -150, note that you must stake 150 to profit 100; if you stake 150 and the selection wins, your net profit is 100 and your total return is 250. Use the posted American odds to compute both the required stake and the total payout Moneyline Bet Definition and Examples.

Convert American odds to payout for one stake and show net profit

Use inputs that match the displayed odds

For an underdog priced at +200, a 100 stake yields 200 in profit and a total return of 300. That simple example makes it clear how underdog moneylines can produce larger proportional profits when they win, and the calculation relies only on the listed American odds and your chosen stake Sports Betting 101: Understanding American Odds.

Keep in mind that payouts are determined by the posted American odds and the official settlement outcome as specified in the House Rules; promotional credits or boosted odds may affect only the amount of bonus value you receive, and final cash settlement follows the posted odds unless the promotion explicitly states otherwise Sportsbook Promotions Terms and Conditions.

Minimal 2D vector infographic showing two side by side payout diagrams with stacked coin icons for stake profit and total return visually representing favorite and underdog payout conversion draftkings moneyline

Promotions that can affect moneyline bets

DraftKings commonly runs promotions that can apply to moneyline wagers, including bonus bets, odds or profit boosts, and bet-and-get offers; each promo has its own terms that determine how it applies to standard moneyline markets Sportsbook Promotions Terms and Conditions.

Before using any promotion with a moneyline wager, check the eligibility, expiration, and redemption conditions in the promo terms; some promotions provide bonus credit rather than additional cash, and others may change only the displayed payout estimate while the official settlement still follows posted odds and the House Rules Sportsbook Promotions Terms and Conditions.

Where DraftKings moneyline bets are available and legal

DraftKings Sportsbook availability is state-dependent; to place a sportsbook moneyline wager you must be physically located in an approved jurisdiction and meet the age requirements specified for that jurisdiction Where is DraftKings Sportsbook available?. See Funded Plays.

State rules and operator availability can change, so verify current access and any state-specific wagering limitations on the DraftKings availability page before attempting to place a moneyline bet Where is DraftKings Sportsbook available?.

What is the moneyline on DraftKings and how does it settle?

A DraftKings moneyline is a bet on which side wins, and settlement follows the operator's Sportsbook House Rules for that sport; payouts are based on posted American odds and the event result.

If you are unsure whether you meet the age requirement or are physically in an approved state, pause before confirming a wager and use the DraftKings help pages to confirm your account and location status Where is DraftKings Sportsbook available?.

Common mistakes and how to avoid them

A frequent error is misreading American odds and confusing stake with profit; always translate a negative price into the stake needed to win 100 and a positive price into the profit on a 100 stake to avoid placing incorrect wagers Moneyline Bet Definition and Examples.

Another common mistake is assuming overtime or extra time counts for every moneyline; verify the sport-specific grading rules in the House Rules to know whether the market includes overtime or is limited to regulation time Sportsbook House Rules and see how soccer bets are settled.

Finally, do not rely on promotional language alone; promotions may alter the value you see but often have separate redemption or wagering conditions that affect real cash value, so check the exact promo terms before treating a boosted price as the final cash payout Sportsbook Promotions Terms and Conditions.

Practical scenarios: example moneyline bets step by step

Example 1: Betting a favorite at -150. Step 1, select the -150 price next to the favored team in the app. Step 2, enter a stake of 150. Step 3, if the team wins under the market's grading rules you receive 250 total back: 150 stake plus 100 profit Moneyline Bet Definition and Examples.

Example 2: Betting an underdog at +200. Step 1, add the +200 price to the bet slip. Step 2, enter a stake of 100. Step 3, if the underdog wins under the sport's settlement rules you receive 300 total back: 100 stake plus 200 profit Sports Betting 101: Understanding American Odds.

Checklist before confirming either example: re-check the bet slip for the correct stake and selection, verify the sport-specific grading rule in the House Rules, and confirm whether any active promotion modifies the bet's payout or redemption requirements Sportsbook House Rules.

Pre-bet checklist for DraftKings moneyline wagers

Verify the event's grading rule in DraftKings Sportsbook House Rules for the sport you are betting on Sportsbook House Rules.

Confirm state availability and that you meet age and account requirements before attempting to place a sportsbook moneyline wager Where is DraftKings Sportsbook available?.

Check any promotional terms and the bet slip carefully so you understand whether a bonus or boost changes redemption rules rather than the official cash settlement Sportsbook Promotions Terms and Conditions.

Key takeaways

Remember that a DraftKings moneyline is a wager on which side wins, and DraftKings grades and settles those bets according to its Sportsbook House Rules, which vary by sport and market Sportsbook House Rules. See the Funded Plays blog for more.

American odds show stake and profit relationships: negative odds indicate the stake needed to win 100 and positive odds show profit on a 100 stake, and payouts follow the posted odds and official grading rules rather than promotional value unless stated otherwise Moneyline Bet Definition and Examples.

What does moneyline mean on DraftKings?

A moneyline is a straight wager on which team or participant wins, and DraftKings settles the outcome according to its Sportsbook House Rules for the relevant sport.

Do moneyline bets include overtime on DraftKings?

It depends on the sport and the specific market; many US sports include overtime unless the market says otherwise, but you should check the House Rules for the exact grading rule.

How do promotions affect moneyline payouts?

Promotions can change the value you see or provide bonus credit, but official cash settlement is determined by the posted odds and House Rules unless the promotion explicitly alters payout rules.

If you plan to place moneyline wagers, use the House Rules and the DraftKings availability page to confirm grading and eligibility before you confirm any bet. Treat promotions as separate advantages to be verified by their specific terms, and keep staking disciplined to match your goals. For those exploring structured prediction platforms rather than traditional sportsbooks, FundedPlays offers challenge-based funded accounts to practice consistent forecasting under defined rules, but it is not a sportsbook and does not guarantee outcomes.