pk vs ML?

[riffraff24]

Please excuse my ignorance, but would really appreciate if someone would clarify this for me. Let's use Barca v Madrid for example. What are the differences in these bets?

Barca pk -107
Barca ML +175
Barca -.5 +170

Isn't the ML +175 hoping for the same outcome as the other two but with better juice? I don't get it.

[golfhotel95476]

if you choose the pk and its a draw you get your bet back

[TheSportsAnalyst]

PK is a bet on Barca with a push in case of draw.
ML and -0.5 are the same bet (with a loss in case of draw). The juice varies because on AH the books take more or less (it depends) than on the ML.

[southpaw74]

A pick means that if they tie then you push. That why those odds are so much better. Moneyline and -.5 is the same thing because barca needs to win for you to win so just take the better odds.

[riffraff24]

Thanks all! Makes sense now