If you have seen the term moneyline next to FanDuel odds and wondered whether it simply means a straight win, this guide answers that question directly and then walks you through what to check before you place a wager. The orientation here is practical: define the terms, show the conversion math for American odds, and point out settlement exceptions that commonly cause confusion. You will learn how sportsbooks express favorites and underdogs, how to convert those prices into implied probability, and why settlement labels matter for whether a single winning selection counts as a straight win. The aim is clarity for sports fans and novice to intermediate bettors who see FanDuel odds and want rules-based answers.

A moneyline is a bet on the outright winner and, when placed alone, functions as a straight bet.

Convert American odds to implied probability using standard formulas to compare market price to your forecast.

Check whether a market is two-way, three-way, or regulation-only to know if overtime or extra innings count.

Quick answer: does a fanduel moneyline mean a straight win?

Short answer: a moneyline is a bet on the outright winner and, when placed alone, is a straight bet that pays if your chosen side wins under the market rules.

This means a single moneyline wager is commonly called a straight win in casual talk, but the payout and final result depend on the market type and settlement rules the operator shows for that event, so check the market notes before relying on the shorthand American Gaming Association glossary

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Before you place a moneyline bet, check whether the market includes overtime or extra innings in the market description.

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To be precise: 'straight' describes the bet format, a single wager, while 'moneyline' names the market where you pick the outright winner. That distinction matters when your pick is part of a multi-leg ticket or is offered in a three-way market.

What a moneyline means in U.S. sportsbooks

A moneyline is simply a wager on which team or participant wins the event outright, without applying a point spread, which is the standard definition used across U.S. markets American Gaming Association glossary

U.S. sportsbooks quote moneyline prices using American odds, where negative odds indicate the favorite and show how much you must stake to win 100, while positive odds show how much you win on a 100 stake; this convention is described in contemporary education materials Investopedia's moneyline explanation

How to read fanduel moneyline odds and convert them to probability

When you see a FanDuel moneyline price, you can translate it to an implied probability using standard formulas; that helps you compare the sportsbook price to your own view of the event Action Network guide on implied probability

For positive American odds use the formula p = 100 / (odds + 100). For negative American odds use p = abs(odds) / (abs(odds) + 100). These are the accepted conversion methods used in bettor education Action Network guide on implied probability

A short worked step: if the moneyline shows +150, the implied probability equals 100 / (150 + 100) which is about 0.40 or 40 percent; if it shows -180 the conversion uses |-180| / (|-180| + 100) which is 180 / 280 or about 64 percent Action Network guide on implied probability

Keep in mind implied probability expresses price, not a pure forecast; the sportsbook margin means the two sides typically add to more than 100 percent, so use conversions to compare value rather than assume they represent a true probability.

Straight bet vs moneyline: how the terms relate

Funded Plays style minimalist infographic displaying American odds examples plus 150 and minus 180 with implied probability calculations 40 percent and 64.3 percent for fanduel moneyline

A straight bet refers to any single wager on one market, such as a spread, total, or moneyline; this is a structural term distinguishing single wagers from parlays or multi-leg bets Action Network explanation of straight bets

A moneyline bet is a market type where you pick the winner. When you place one moneyline selection as a single ticket it is a straight bet, and winning that single selection is what many call a straight win. The phrasing is accurate when the bet is a single moneyline wager and the market settles as expected.

How moneyline markets are settled - overtime, extra innings and exceptions

Settlement conventions vary by sport and by the specific market label; in many U.S. regulated catalogs, two-way moneyline markets are settled including overtime or extra innings unless the market is explicitly labeled as regulation-only or a three-way market Massachusetts wagering catalog (see sports trading guidelines from Overtime)

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That means a standard two-way moneyline on sports such as NBA or MLB usually counts results after overtime or extra innings. If a market excludes extra time it will be called out in the event or wagering catalog, so read the description before you bet.

If you are unsure about a market's settlement, consult the sportsbook's market rules or the regulator approved event catalog that applies to the operator to confirm how the event is settled in your jurisdiction Ohio approved event catalog and check the sportsbook's house rules such as the Fanatics example sportsbook house rules.

Why a single moneyline bet is usually called a straight win

In everyday language bettors call a standalone moneyline selection a straight win because the wager is a single stake that wins if the chosen side wins under market rules Action Network explanation of straight bets

Convert American odds to implied probability

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Confusion can arise when the same moneyline selection is combined with other legs as a parlay, or when informal language does not specify whether overtime counts; always check the bet confirmation for the exact terms.

How the sportsbook margin affects moneyline prices and implied probabilities

Bookmakers include a margin or vig in prices, so when you convert American odds to implied probabilities the two sides often sum to more than 100 percent; this indicates the prices embed the operator's margin rather than pure probabilities Action Network guide on implied probability

For example, separate conversions of each side's American odds produce implied probabilities that, when added, reflect the overround. That overround is how operators ensure a long-term edge, so bettors should treat implied probability as a pricing translation to compare market value.

Sport-specific exceptions: soccer three-way markets and other quirks

Soccer commonly uses three-way moneyline markets where a draw is a distinct outcome; those markets typically exclude extra time unless the market explicitly says it includes extra periods, so the presence of a draw changes both wording and settlement Massachusetts wagering catalog

Other sport-specific exceptions include cup matches with replays, competitions with neutral-site rules, or markets labeled regulation-only. Always look for the market label or check the regulator catalog to confirm how the sportsbook treats a given event Ohio approved event catalog

Common mistakes bettors make when reading moneylines

One frequent error is misreading American odds, for example treating -180 as the payout rather than the stake required to win 100; using the correct negative and positive conventions avoids that mistake Investopedia's moneyline explanation

Another is assuming overtime or extra innings are always included; different markets treat extra time differently and the market label determines settlement, so check the event notes. A third error is ignoring vig when interpreting implied probabilities, which can make prices look more certain than they are Action Network guide on implied probability

How to convert fanduel moneyline odds to probability - worked examples

Worked positive example: for a moneyline of +150 the formula p = 100 / (odds + 100) yields 100 / 250 = 0.4, or 40 percent implied probability Action Network guide on implied probability

Worked negative example: for a moneyline of -180 use p = abs(odds) / (abs(odds) + 100) which is 180 / 280 ≈ 0.643 or 64.3 percent. These conversions let you compare market price to your own forecast and highlight possible value opportunities.

Minimalist 2D vector three column comparison of NBA overtime MLB extra innings and soccer three way draw settlement rules on Funded Plays dark background fanduel moneyline

To account for vig conceptually, convert both sides to implied probabilities and add them; if the total exceeds 100 percent the spread above 100 represents the operator margin. Use that to adjust how you compare prices rather than treating implied numbers as exact forecasts.

Concrete example scenarios: NBA, MLB and soccer moneylines

NBA example: a standard two-way moneyline will usually include overtime, so a bet on the moneyline should win if your team wins in regulation or overtime according to the event's market rules Massachusetts wagering catalog (see FanDuel house rules here)

MLB example: two-way moneylines for regular-season games typically include extra innings in settlement, but special event markets sometimes alter that rule, so confirm with the market description or the wagering catalog for that operator Ohio approved event catalog

Soccer example: many soccer moneylines are offered as three-way markets where a draw is possible; unless the market explicitly includes extra time or penalties the result after regulation is what matters, so check the market label before placing a bet.

When a moneyline bet is not a straight win

If your moneyline selection is part of a parlay, the payout depends on the combined ticket rather than a single straight payout. Parlay rules and leg combinations change settlement and returns for the ticket as a whole Action Network explanation of straight bets

Conditional bets, bets with special void rules, or wager confirmations that note alternate settlement can also make a winning selection behave differently from a simple straight win. Always inspect the bet confirmation and the market terms when the event is postponed or altered.

Quick decision checklist before placing a moneyline wager

Check market type: confirm whether the market is two-way or three-way and whether overtime or extra innings are included in the description Massachusetts wagering catalog

Verify the American odds and convert to implied probability if you want a quick price-to-probability comparison Action Network guide on implied probability

Confirm whether your selection is a single straight wager or part of a multi-leg/parlay, and read the bet confirmation for any special conditions before you finalize the stake.

Conclusion: clear rules, responsible participation and next steps

In short, a moneyline is a bet on the outright winner and when placed as a single ticket it is a straight bet that many call a straight win; the key details that affect settlement are the market type and the operator's rules American Gaming Association glossary

Before you wager, confirm the market label, settle rules, and whether the price reflects the operator margin. If you want to practice odds reading and challenge your process in a skills-focused environment, consider reading the platform rules and challenge descriptions available on the Funded Plays site, in our blog, or in the post about how Funded Plays evaluations work.

Does a moneyline include overtime?

Often yes for two-way moneyline markets; regulation-only or explicitly labeled markets exclude extra time. Always check the market description.

Is a moneyline the same as a straight bet?

A moneyline is a market; a straight bet is a single wager. A single moneyline ticket is a straight bet, so it can be called a straight win when settled accordingly.

How do I convert -180 or +150 to implied probability?

Use the standard formulas: for +150 use 100/(150+100); for -180 use 180/(180+100). These give implied probabilities to compare prices.

A quick recap: a moneyline names the market that pays for an outright winner and a straight bet describes a single wager. When your moneyline pick is placed as a single ticket and the market settles in its standard way, that outcome is commonly described as a straight win. Always confirm the market label and read the bet confirmation to avoid surprises. If you want to practice odds conversion or study how settlement rules vary by sport, use regulator catalogs and the operator's market notes as primary references before you commit funds or enter skill-based challenges.