DraftKings and FanDuel are the two biggest names in US moneyline betting, but several other licensed sportsbooks deserve a look depending on your state and preferred sports. Here's how the top apps stack up.
Which sportsbooks offer the best moneyline markets?
All five operators below are licensed in multiple legal states and offer moneyline markets across the NFL, NBA, MLB, NHL, college sports, MMA, and soccer leagues including the Premier League and UEFA Champions League. Market depth and line quality vary, so comparing before you bet matters.
| Sportsbook | Market Depth | Sports Covered | Welcome Promo Type | Notable States |
|---|---|---|---|---|
| DraftKings Sportsbook | Very deep; early lines posted | NFL, NBA, MLB, NHL, NCAA, MMA, MLS, soccer | Bet & Get / profit boosts (terms vary) | NY, NJ, PA, MI, IL, CO and more |
| FanDuel Sportsbook | Very deep; competitive pricing | NFL, NBA, MLB, NHL, NCAA, MMA, MLS, soccer | "No sweat" first bet / Bet & Get (terms vary) | NY, NJ, PA, MI, IL, CO and more |
| BetMGM | Deep; strong live moneylines | NFL, NBA, MLB, NHL, MMA, soccer | Deposit match / first-bet offer (terms vary) | NJ, PA, MI, NY, CO and more |
| Caesars Sportsbook | Solid; good futures depth | NFL, NBA, MLB, NHL, NCAA, soccer | Profit boosts / Bet & Get (terms vary) | NY, NJ, PA, MI, IL and more |
| BetRivers | Moderate; good for sharp pricing | NFL, NBA, MLB, NHL, NCAA | Deposit match (terms vary) | PA, MI, IL, CO, IN and more |
Promo structures — Bet & Get offers, deposit matches, profit boosts, and first-bet offers — are common across all licensed apps. Every welcome offer carries playthrough and rollover requirements per operator terms. Read the fine print before claiming anything, especially minimum odds rules and expiry dates.
Does line quality actually differ between apps?
Yes, and it adds up over time. The vig embedded in moneyline odds is the sportsbook's cut. A pick 'em priced at –110/–110 means you need to win roughly 52.4% of bets just to break even. Even a small difference in juice — say –108 vs. –115 — shifts that break-even threshold meaningfully across a full season of bets. That's why moneyline betting strategy focused on spotting value and avoiding the vig recommends shopping lines across multiple apps.
Heavy favorites are where the math gets punishing fast. A –700 moneyline requires risking $700 to profit only $100. One upset wipes out seven wins. Know the implied probability before you commit.
How do I know which states these apps are legal in?
Online sports betting is live in 38-plus states and Washington D.C. as of 2025. California, Texas, Georgia, Alabama, and Florida still don't have legal online markets. For a full breakdown, see where moneyline betting is legal state by state. Most states require bettors to be 21+; Wyoming, New Hampshire, and Montana permit wagering at 18 in some formats.
Ready to place your first moneyline bet?
Picking an app is step one. Step two is knowing the mechanics — how to read negative and positive odds, how to size your stake, and what happens in overtime. The full walkthrough is in how to place a moneyline bet on a legal sportsbook app. If you want to go deeper on odds math first, reading moneyline odds — positive, negative, and pick 'em covers every scenario.
Stick to licensed operators only. Offshore books offer zero consumer protection and may violate state law. Must be 21+ in most states. Gambling problem? Call 1-800-GAMBLER.