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moneyline betting guide

Cash In on the Action: Mastering Moneyline Betting with Betmaster’s Expert Guide

Basics of Moneyline Betting

Moneyline betting is a fundamental form of wagering in sports betting. Here, you’re simply picking the winner of a particular game or event. Unlike point spread betting, where the margin of victory matters, Moneyline betting is purely about who wins and who loses.

Understanding the Odds

Fractional Odds:

These are popular in the UK and Ireland and represent the profit you will make on a bet relative to your stake.

Conversion from American Odds:

Favorite (Team A): -150 in American odds is 2/3 in fractional odds. If you bet €3, you will make a profit of €2 (total return of €5).

Underdog (Team B): +130 in American odds is 13/10 in fractional odds. A €10 bet will yield a €13 profit (total return of €23).

American Odds:

Example: Let’s say we have a football game between Team A and Team B.

Favorite (Team A): -150. This means you need to bet €150 to win €100.

Underdog (Team B): +130. This means if you bet €100, you will win €130.

Interpretation: Negative numbers indicate favorites, and positive numbers indicate underdogs.

Decimal Odds:

Widely used in Europe, Canada, and Australia, decimal odds represent the total return for every dollar wagered.

Conversion from American Odds:

Favorite (Team A): -150 in American odds converts to 1.67 in decimal odds. A €100 bet returns €167 (including your €100 stake).

Underdog (Team B): +130 in American odds is 2.30 in decimal odds. A €100 bet returns €230 (including your €100 stake)

Favorites vs. Underdogs

The favorite in a matchup will have a negative Moneyline, meaning you’ll win less money than you wager if they win. The underdog will have a positive Moneyline, offering a greater return on your wager if they win.

Simplicity

Moneyline betting is straightforward, making it appealing to many bettors. You’re simply choosing who you think will win.

Strategy and Considerations

Bettors often consider various factors like team performance, historical matchups, injuries, and other variables before placing a Moneyline bet. It’s not just about who is expected to win, but also the value in the odds offered.

Risks and Rewards

Betting on favorites usually offers lower payouts but with a perceived higher chance of winning. Betting on underdogs can be riskier but provides higher potential returns.

Use in Different Sports

Moneyline betting is used in almost every sport, including team sports like football and basketball, as well as individual sports like tennis and boxing.

1. Football

How It’s Used: In football, Moneyline bets are often placed on the outcome of a match. Draws are possible, so bettors can wager on either team to win or the game to end in a tie.

Fractional Odds Example:

Team A (Favorite) might have odds of 4/5, meaning if you bet €5, you stand to gain a €4 profit if Team A wins. The total return would be €9.

Team B (Underdog) could have odds of 3/1, meaning a €1 bet would yield a €3 profit if Team B wins, totaling €4.

2. American Football

How It’s Used: American Football Moneyline bets focus on which team will win the game, with no point spread involved.

Fractional Odds Example:

Team C (Favorite) could be at 1/2 odds, so a bet of €2 would earn a €1 profit if Team C wins, for a total return of €3.

Team D (Underdog) might be at 5/2 odds, meaning a €2 bet would return €5 in profit if Team D wins, for a total of €7.

3. Basketball

How It’s Used: Similar to other sports, Moneyline bets in basketball are straightforward wagers on which team will win the game.

Fractional Odds Example:

Team E (Favorite) might have odds of 2/5. This implies that a €5 bet would result in a €2 profit if Team E wins, totaling €7.

Team F (Underdog) could have odds of 2/1, where a €1 bet leads to a €2 profit if Team F wins, making the total return €3.

4. Baseball

How It’s Used: Moneyline betting in baseball is popular, especially considering the influence of pitchers. Bettors simply choose which team they think will win.

Fractional Odds Example:

Team G (Favorite) might be at 4/7 odds. Here, a €7 bet would result in a €4 profit if Team G wins, with a total return of €11.

Team H (Underdog) could have odds of 3/2, meaning a €2 bet leads to a €3 profit if Team H wins, totaling €5.

5. Tennis

How It’s Used: In tennis, bettors wager on who will win the match. Since draws aren’t possible, Moneyline betting is straightforward.

Fractional Odds Example:

Player 1 (Favorite) could have odds of 1/3, meaning a €3 bet results in a €1 profit if Player 1 wins, totaling €4.

Player 2 (Underdog) might have odds of 4/1, so a €1 bet would yield a €4 profit if Player 2 wins, totaling €5.

6. Boxing/MMA

How It’s Used: Moneyline betting in combat sports involves picking the winner of the fight.

Fractional Odds Example:

Fighter A (Favorite) may have odds of 1/4, so a bet of €4 would win a €1 profit if Fighter A is victorious, totaling €5.

Fighter B (Underdog) could be at 5/1 odds, meaning a €1 bet would earn a €5 profit if Fighter B wins, totaling €6.

Comparing to Point Spread Betting

Unlike point spread betting, where teams must win by a certain number of points, Moneyline bets are solely about which team wins, regardless of the margin.

Key Takeaways

Simplicity: Moneyline bets are straightforward; choose who you think will win, regardless of the score.

Universal Application: This betting type is applicable across various sports, from team sports like basketball to individual sports like tennis.

Different Odds Formats: Bettors around the world use different odds formats, but they all convey the same information. Understanding these formats is crucial in making informed bets.

Final Note


It’s essential to gamble responsibly and understand that betting involves risk. Whether you’re a seasoned bettor or a newcomer, grasping the concept of Moneyline betting and the different odds formats can enhance your betting experience and decision-making process.