What is a Moneyline bet? If you are a novice in the world of bitcoin soccer betting, you should know about the term “Moneyline”. Let us find out more about Moneyline and how to use it on betting tips and strategies in the following:
What is a Moneyline bet?
Money line bets are bets on the winner of the event. There is no handicap worth it, if you bet on the money line you make it to the winner of the event.
Thus, if we bet on the Money Line market for team 1 and that team wins the match, our bet is a winner. Regardless of whether it was a tight match or if it was a walk by that team. Logically, the team with the lowest share of the money line market is the favorite and the one with the highest share will be the underdog.
Example of Money line:
In Team A( Everton) and Team B (Arsenal) match: We have a clear favorite (Team B) with a negative quota that if we translate it into the decimal system gives us a fairly low quota. To win 100 units you have to bet 208. On the other hand, 1 and X have high odds, hence that the American share in positive so high.
Team A – +475 [475/100 +1 = 4.75 +1 = 5.75]
Draw +350 [350/100 + 1 = 3.50 + 1 = 4.50]
Team B – -208 [100/208 + 1 = 0.48 + 1 = 1.48]
When we are going to make a bet, the simplest thing is to bet on the winner of the match. You just have to select the winning option and enter the amount you are going to bet.
It is what is often known as the money line or money line, a market that is also named as the winner of the match, 1X2 or 12 when there is no possibility of a tie. But the money line goes further, especially when we work with American quotas.