One of the most popular types of bets in live betting is the moneyline bet.
A moneyline bet is simply a bet on which team will win a particular game or match.
The odds for a moneyline bet are usually expressed as either positive or negative numbers.
Positive odds indicate how much profit you could make if you were to bet $100 on the favored team.
Negative odds indicate how much you would need to bet in order to win $100.
To calculate your potential profit from a moneyline wager, simply take the odds of your bet and multiply it by your wager amount.
So if you bet $100 on the favorite at -110 odds, your potential profit would be $90.91.
And if you bet $100 on the underdog at +250 odds, your potential profit would be $250.
For example, let’s say that the New England Patriots are playing the Denver Broncos in a football game.
The Patriots are favored to win, so they might have odds of -200 (meaning you would need to bet $200 to win $100).
The Broncos, on the other hand, might have odds of +150 (meaning you would only need to bet $100 to win $150).
If you were to bet on the Patriots and they won, you would profit $100.
If you were to bet on the Broncos and they won, you would profit $150.
Of course, if the team you bet on loses, you will lose your entire bet.
This is why it is important to carefully consider the odds before placing a moneyline bet.
There are a few things to keep in mind when betting on moneylines.
First, remember that the favorite is not always going to win.
In fact, upsets happen all the time in sports.
Just because a team is favored, doesn’t mean they will win.
Second, betting on the underdog can sometimes be a good strategy.
If the odds are +200 or higher, it means that the team is not expected to win.
But if they do end up winning, you stand to make a nice profit.
Moneyline betting is simple and straightforward, it can be risky since there is no point spread to give you an insurance margin.
This means that even a small upset can result in a loss for the bettor.
That’s why it’s important to always shop around for the best lines and to never bet more than you can afford to lose.
Finally, don’t get too caught up in the odds.
Just because a team has negative odds (-200), doesn’t mean that they are a bad bet.
Likewise, just because a team has positive odds (+150), doesn’t mean that they are a good bet.
The best way to make money betting on sports is to do your research and only bet on the games that you feel confident about.
Moneyline Betting in Overtime (OT)
- When betting on the moneyline in overtime, you are simply picking which team will win the game.
- There is no point spread in overtime, so the favored team will always be listed as the – sign team, and the underdog will be the + sign team.
- The odds for each team will be different in overtime than they were in regulation, so make sure to pay attention to that before placing your bet.
- Remember that in overtime, both teams have an equal chance of winning, so don’t let the odds fool you into thinking one team is a better bet than the other.
- As always, research both teams before placing your bet to give yourself the best chance of winning.
Moneyline in Live Betting
Moneyline betting is a great way to get started in live betting.
It is simple to understand and can be quite profitable if you know what you are doing.
Just remember to always do your research and never bet more than you can afford to lose. Good luck!