What is a money line in sports betting?

What is a money line in sports betting?

when people bet the money line are they betting just the outcome with no odds having to be met? For example say if it was between the lakers and the heat.

Lakers -10
Heat +10

What if i bet the money line instead of the spread line. Would the lakers just have to win in order for me to win? What kind of bet is that called when you just bet on the winner with no spread line involved?

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