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The negative number shows how much has to be risked to win aR$100 payout. Thus, if the money line for the team that you picked was -400, it means that if you placed a successfulR$400 bet, you would gainR$100 on payout.

Moneyline betting is where you pick the winner of an event or game. Negative odds indicate favorites, and underdogs have positive odds. The range between the odds can indicate the closeness of the matchup in the eyes of the sportsbook.

Some sportsbooks offer Cash Out for moneyline wagers, point spread wagers, parlays and futures bets. The option to Cash Out is particularly useful if a bettor has a futures wager on a long shot that doesn't seem fit to finish as strong as they start.

Cash Out can be offered both on bets that are going well for you, and for bets which are not doing so well, allowing you to cash in on the favourable position for a guaranteed return, or limit your losses by closing out your position for a smaller return in instances where you think letting the original bet run might ...