Soccer Moneyline Betting Explained

What is Moneyline in Soccer Betting

It is a form of betting where bettors wager on the outcome of a match. The three outcomes that can be bet on are a win for the home team, a win for the away team, or a draw. Betting on the moneyline is simple: the odds dictate how much you need to risk in order to win $100. For example, if you see odds of +200, that means you’ll need to bet $200 to win $100. On the other hand, if you see odds of -250, that means you’ll need to bet $250 to win $100. Moneyline betting is a great way to get started because it’s relatively straightforward and easy to understand.

Designed by www.freepik.com

Soccer Betting Moneyline vs Spread

Moneyline is simply picking who you think is going to win the game, while spread betting involves picking who you think is going to win by how much. Both have their own advantages and disadvantages, so it’s important to understand both before deciding which one to use.

Spread betting is often seen as the more complex of the two, because there are more factors to consider. You not only have to pick the winning team, but you also have to predict how much they’re going to win by. This can make spread betting more difficult, but it also means that there’s more potential for profit. That’s because the odds are usually higher on spread bets, since they’re seen as more risky.

Moneyline betting, on the other hand, is generally seen as simpler because you’re just picking who’s going to win. However, this also means that the odds are usually lower, since there’s less risk involved. That can make moneyline betting less profitable in the long run, but it also means that it’s easier to win.

Moneyline Betting Rules

Bets are typically offered at odds of -110, meaning that the bettor must risk $110 to win $100. However, these odds can vary depending on the specific matchup. For example, a heavily favored team may have odds of -300, while an underdog may have odds of +200. When placing a moneyline bet, it is important to carefully consider the odds before making a decision. In general, betting on the favorite is less risky but offers lower potential rewards, while betting on the underdog is more risky but offers higher potential rewards. Ultimately, the best way to approach soccer betting is to carefully research each individual matchup before making any decisions.

The Favored Team

A moneyline favorite is a team that is considered more likely to win by the bookmakers. When betting on a moneyline favorite, you are essentially wagering on that team to win the match. If the favorite ties the game, it is considered a push, and your bet is refunded. While moneyline favorites usually have shorter odds, there is still risk involved in betting on them. To offset this risk, many bettors will choose to bet on moneyline favorites using a points spread. This way, even if the favorite ties the game, they will still win the bet as long as they cover the spread. While betting on moneyline favorites can be risky, it can also be profitable if done correctly.

The Underdog Team

The underdog team is the team that oddsmakers believe is most likely to lose. However, this doesn’t necessarily mean that they are a bad team. In fact, many underdog teams defy the odds and go on to win their games. For savvy bettors, betting on the underdog can be a great way to make some extra money. After all, if an underdog team does manage to win, the payoff can be significant. Of course, there is always a risk involved when betting on the underdog. But for those who are willing to take a chance, it can often be a profitable proposition.

Even/Close Teams

One important thing to look at is the difference between the two teams. If the teams are evenly matched, it’s called an even game, and the odds will be close. If one team is clearly better than the other, it’s called a blowout, and the odds will be lopsided. Knowing whether you’re dealing with an even game or a blowout can help you make a more informed decision when placing your bet.

Calculating Payouts On Moneyline Odds

• Minus Odds

They indicate how much money you need to bet in order to win $100. For example, if the moneyline minus odds are -120, you would need to bet $120 to win $100. Similarly, if the moneyline minus odds are +120, you would need to bet $100 to win $120. Moneyline minus odds can be positive or negative, and the sign indicating whether the odds are positive or negative is determined by the favorite. The favorite is the team that is expected to win the game, and the underdog is the team that is expected to lose. Moneyline minus odds take into account both the probability of winning and the amount of money that will be paid out if you do win. As such, they provide an easy way for bettors to compare different bets.

• Plus Odds

Moneyline plus odds is a type of betting where the odds are based on the moneyline. The moneyline is the amount of money that you would need to bet in order to win $100. So, if the moneyline is +150, you would need to bet $100 to win $150. If the moneyline is -200, you would need to bet $200 to win $100. Moneyline plus odds allows you to bet on the moneyline while also getting odds. For example, if the moneyline is +150 and the odds are +500, you would need to bet $100 to win $650. This type of betting can be very lucrative if you know how to handicap games correctly. However, it can also be very risky because you are essentially doubling your bet.