Do you love football, would love to bet on it, but has no idea of how sports betting works? Here’s the best place to start. This article will explain the nuts and bolts of one of the most common types of bet: the Moneyline. Stay tuned with our guest specialist, Nina Olsendburg, for quality information on football betting.
Follow the Moneyline
Learning about Moneyline is the first step before learning how to take advantage of it. Having the best football betting tips isn’t enough if you don’t know what the numbers on the screen are talking about. Luckily enough, the concept is pretty straightforward: you bet on the outcome of a match: win or lose. In draws, the money usually goes back to bettors. Indeed, seasoned bettors consider it an option for beginners.
In Moneyline bets, you’ll see things like this: Team A (-120) vs. Team B (+200). The positive and negative numbers show the winning odds of each team. Negative numbers point to the probable winner, whose bets will be less rewarding. Team B is likely to lose, but its bets will be much more rewarding if it doesn’t. Norwegian sports fans can find the best tips at online betting norge .
These numbers tell a lot about calculated odds and say how much you should bet successfully to walk away with 100 bucks. So, if you bet on Team A, you’ll need to risk 120 bucks to win 100. Positive numbers multiply your bets, so you could win if you decide to bet on Team B. In this case, you could amass 200 bucks betting the same amount.
Moneyline vs. Point Spread
Moneyline and point spread isn’t the same thing, although a few newbies can confuse both concepts. The main goal is to “guess” the final score in a point spread. If you succeed, you get the money, even if you bet on the losing side. The point spread is a more complex bet because it involves more variables, but it can also award much bigger prizes.
In-Line With Your Knowledge
There are countless betting lines in football: from who will score to who will shoot the first throw-in. The more complex the line, the highest the prizes are and your chances of winning them. Moneyline can sound almost like flipping the coin in this case. That’s why some diehard sports bettors frown upon it, but it doesn’t mean you should.
Indeed, this kind of bet isn’t the most rewarding one. Still, the chances of tossing your money out of the window are considerably smaller. In any gambling situation, the highest payouts hide behind the riskiest bets. Yet, Moneyline odds don’t tell the whole story.
Even so, there are only two options, favourites, and underdogs; there’s still some space for strategy and reading between the lines. With a bit of research, it’s possible to grasp how favourite the favourite really is. Is it playing at home or abroad? Are there any players injured or missing? How does the team perform in high altitudes?
Backing the Underdogs
Don’t expect to see all of this information be transformed into odds. After all, bookers still need to make ends meet, and they would gladly pay fewer rather than loads of punters. So, do your own legwork. Backing the underdogs is far riskier than backing the favourites, of course. Because they pay much more, you can still make a profit from it, even losing half of your bets.
Backing the Favourites
Backing the favourites is an excellent course of action for less important matches. As money goes to the favourite, its odds go lower, so it’s a less profitable bet. However, if you pick a less hyped match, there won’t be many punters with you, making the odds higher. Like in the first option, these choices also involve some serious research. Yet, it’s possible to see beyond the numbers with some hard work.
Sports betting isn’t only for experts. Knowledge indeed helps to make better choices. Nevertheless, there are still safe options for those with limited knowledge about the sport. Moneyline is the best option if you don’t feel confident enough for more complex bets.