Yeah pretty much, moneyline is just picking who wins the match. The difference is that in American sports there’s usually no draw, so the bet is only on win or lose. In football (soccer) the 1X2 includes the draw, but moneyline is like a “draw no bet” version. The +150 odds just mean you win $150 for every $100 bet, same as 2.50 decimal odds. It’s just a different way to show it.