First of all, let’s clarify that this is not a new betting top or something that you will never encounter. The situation looks somewhat simpler. MoneyLine sports betting is a form of betting on the winners’ market, where instead of the traditional 1X2 format, you only need to support the victory of team/player A or the victory of team/player B. In other words, this is the easiest and most common way to bet on sports.
The principle of operation
Since we already know what a money line is, let’s talk in more detail about how it works and why it exists. First of all, the need for something like moneyline betting arose from sports such as American football, basketball, baseball, volleyball and even MMA. Although there is a possibility of a draw in some of these disciplines, most events, such as NBA or NFL games, cannot end in a draw. That is why this type of betting is predominant for the aforementioned markets (followed by handicaps and bets on more / less). Let’s not forget that popular markets like football also offer cash lines. Obviously, football players are more used to traditional 1X2 betting, however, you can also find many betting options without a draw. In this case, the coefficient becomes lower, since only 2 of the three options remain, and in case of a draw, you will receive a refund of the bet.
When betting on a money line, you don’t have to worry about anything except that the team/player you support should win. It doesn’t matter how your team wins / at least by 1 goal or by a margin of 40 points. A win is a win, and only it matters in the moneyline market, which is pretty good if you are not familiar with Asian / European handicaps, or do not feel confident in betting on the market more / less goals / points. Despite the differences, all these markets are closely connected. Well, at least that’s how it should be. By watching all of them, you can get a better idea of the market and what’s going on. Sometimes it helps to find the bookmaker’s mistake, and sometimes it just makes sense to bet with a handicap or on total.
Differences of the money line from 1X2?
The difference between these two types of bets may not seem very big, but the difference in the display of the final coefficients is significant. The money line not only reduces the number of available outcomes, reducing risks. In the case of moneyline, the coefficients are presented a little differently, so here you will receive a refund in case of a draw. This is a key and very important difference, since many players, as a rule, do not pay enough attention when betting on the 1X2 market instead of the money line and vice versa. Just double check if the market you are betting on has a third outcome (a draw), in order to avoid further misunderstandings.
How to bet on a money line?
Since you are already a little familiar with what money line markets are, how they work, and also how they differ from traditional 1X2 markets, you can place a bet. But how to do it best?
Depending on your attitude to betting, you can either bet for fun, or make extra efforts and approach the issue more seriously. If you are serious about your bets, then you may have to spend extra time searching for value. The main thing is to find a team that, according to your analysis, is somewhat underestimated by bookmaker analysts, and take advantage of this difference.
Although the money line is very simple and is one of the most common types of bets, this does not mean that it is easy to make money on it. Distance profit is not an easy matter, but there are many complex and more simplified betting models that will help you achieve your goal.
Also no less important: never stick to just one market, which in our case is the money line. Make the bets more diverse, explore other options. By limiting yourself to only one type of betting, you will not do yourself a favor! The illusion that by doing so you are reducing risks will quickly damage your budget. Try to check all the available markets to find and then use the bookmakers’ mistakes. We hope that this guide will help you get better acquainted with money line betting and will bring you only satisfactory results.
How the ordinary is calculated — examples
To calculate the potential payout for an ordinary, use the formula: (bet amount x coefficient). To get a net profit, subtract the amount of your bet from the resulting payout amount. Let’s consider examples of calculating an ordinary in a bookmaker’s office:
- You bet $10 with a coefficient of 2.50 on the victory of team “N”. If the red and white are successful, the payout will be $25: 10 x 2.50, and the net gain will be $ 15. Any other result will lead to defeat;
- You place a bet of $ 20 on a total of more than 5 goals in a match with a coefficient of 2.25. If there are six goals or more in the meeting, the bet will play and you will receive $ 45: 20 x 2.25. Four goals or less will lead to a loss. Exactly five goals will give a refund.
Which is more suitable for a beginner: an ordinary or an express
If we consider the main types of bets, ordinaries are optimally suited for beginners. Their main advantage is that in order to generate income, you need to successfully predict one market. Many markets need to be added to the express, and one failure will lead to the loss of the entire coupon.
For example, a bettor is able to analyze matches well, which allows you to make many successful sports bets. He makes an express in the office, which includes 5 markets with a coefficient of 15.70 in the amount of $ 50. In one football match there was a failure — a red card and an autogall in the last minutes, which is why the whole bet loses. If the user alternately bet on these markets, he would be able to earn income.
Recommendations for residents
You need to:
- Place bets in the amount of 5-6% of the bankroll. The correct distribution of money will be the key to success;
- Use an ordinary with low quotes. Choosing a bet with a coefficient of 1.60 will allow you to win at a distance;
- Learn the rules of the services. For example, the office calculates bets differently in hockey with and without overtime;
- Use betting strategies. A systematic approach in the ordinaries brings a stable income.
For example, a beginner registers in an office and starts making the first bets. He chooses markets with a quote from 1.60, clearly studies the rules and works with a bankroll management strategy. He confidently predicts markets, gets experience and income at a distance. If he worked haphazardly, he would have leaked the bankroll for the first few days of the game.
Pros and cons of betting by an ordinary
The advantages of an ordinary are that you make a forecast for a carefully selected outcome, instead of combining several events into a combination. Experienced players place ordinary bets, because it is rare to find several profitable bets at the same time.
The disadvantage of playing single bets with a bookmaker is that you are unlikely to win a mountain of money in a couple of days. Although there are ordinaries with very high coefficients, for example, on the exact score. In addition, you will need to risk a larger amount for a substantial payout than when betting on the express or the system in the bookmaker.
The betting lines we have considered for net outcomes 1X2 and Moneyline (money line) are the simplest betting lines. Both of these lines are similar to each other, but are applicable to different sports.
However, even in such simple bets, you can make an offensive mistake due to inattention – pay attention to the location of bets in the line, and ignorance of the “Rules for accepting bets” for different bookmakers — be sure to read them.
You also have the opportunity to hedge your bets if you are not sure of one outcome or another, and place bets on double outcomes of 1X, 2X. However, keep in mind that the coefficients in such a line will be lower than in the 1X2 line, of course, lines for the same event are meant. It’s up to you to take a risk and bet on a clean outcome, or to insure by betting on a double outcome, but at the same time losing in the coefficient.