Moneyline betting simplified: Your guide to bigger wins
Sportsbet.io offers a wide array of markets for every sport, with moneyline betting being the most prominent. In this type of bet, you predict which of the two competing sides will win a particular match. Place your bets on Sportsbet.io and enjoy the convenience of claiming your winnings in cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
If you’re interested in learning more about this simple yet effective wager, here’s a concise moneyline betting guide that will help you understand how it works:
Place your moneyline bets on in-play matches
What is a moneyline bet and how does it work?
Moneyline betting works similarly to other betting markets. The simplest explanation is that it refers to predicting the match’s outcome. This could result in one of the competing teams or athletes winning, or in some sports, a draw. Sportsbet.io’s term for moneyline is usually the ‘Winner’ market.
Which sport is moneyline betting commonly used?
The moneyline is the market you’ll often see on matches featured on Sportsbet.io, allowing you to place similar bets on different games. Simply click on either team and it’ll be in your bet slip in no time. Here’s an example of what moneyline basketball betting looks like in Sportsbet.io:
For comparison with a different sport, here’s how moneyline baseball betting looks like:
In most sports, the bet ends with just one winner whether it’s team 1 or team 2 as seen in the example above. However, soccer operates differently because most versions of the sport can conclude in a draw. Therefore, you can bet if team 1 wins, team 2 wins, or it’s a draw (x) not including penalty shots. Here’s what moneyline soccer betting looks like:
How is moneyline different from other bet types?
Moneyline betting is just one of the many options available in sports betting. Other popular markets include Asian handicap betting and total points betting, which are also prominently featured. Understanding how moneyline betting differs from the other types can help clarify their unique functions and benefits.
Asian Handicap bets (HCP)
While the moneyline bet focuses on the match’s straight-up outcome, an Asian handicap bet introduces a hypothetical advantage or disadvantage to one side. It asks questions like ‘Who will win if the underdog has an X-point advantage?’. The point difference given is always arbitrary but it can vary depending on the matchup difference between the two teams.
In Asian handicap betting, the team you’re backing needs to win considering the score adjustment. For example, if the odds are +0.5 for one team and -0.5 for the other, then the following condition should be met to win the bet:
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The team with the advantage of +0.5 wins if the game ends in a draw or it scores higher.
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The team needs to make up the -0.5 difference or score higher to win the bet.
One of the advantages of moneyline betting over Asian handicap betting is its simplicity, but Asian handicap betting offers more variety in odds. This can be useful when the moneyline odds are heavily skewed in a professional sports match.
Total points over/under bets (TOT)
Total points betting focuses on the combined scores of both competing sides. You can bet on whether the sum will reach over or stay under a certain arbitrary number. An additional 0.5 is often added so the total points don’t equal the specified number resulting in a conclusion that is strictly either over or under.
While the sports betting moneyline is concerned with which side wins the match, total points are independent of it. This is only concerned with the points accumulated in the game and it counts both sides to make up the conclusion. It is applicable in sports with scorekeeping, such as basketball, baseball, soccer, and more, but not in sports without a scoring system, like races.
How to place a moneyline bet on Sportsbet.io?
Moneyline betting is easy with Sportsbet.io’s user-friendly features. Here’s a step-by-step guide on how to play moneyline betting, to help you get started once you have logged in and topped up your bankroll:
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Step 1: Choose a match from all available fixtures on Sportsbet.io.
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Step 2: Click/tap on the outcome under ‘winner bet’ in the first category.
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Step 3: Enter your stake in ‘My Bet’ at the bottom left of the screen.
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Step 4: Finalise the bet and wait for the match to conclude to see if you’ve won.
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Step 5: Make another moneyline bet on a different match to continue winning.
These steps outline how to bet moneyline with Bitcoin in Sportsbet.io. The process is the same for moneyline betting with USDT or any other crypto you choose. Just ensure your bankroll is prepared for cryptocurrency moneyline betting so you can place wagers using your preferred virtual asset.
Try moneyline betting on football games here
What are the factors to consider in Bitcoin moneyline betting?
Bookmaker moneyline betting is a straightforward concept but guessing the correct outcome is a complex matter. Here are some of the factors to consider in making an educated guess in any sports event:
Favourites and underdogs
Sports analysts assess which of the two competing sides has a better chance of winning and the difference between them affects the odds. If the favourite is far too skilled, then the odds for the underdogs will be too high. Remember that higher odds equal better payouts but it also reflects greater risk, making you weigh your options and likelihood of winning.
Payout size
Moneyline odds indicate your potential winnings if your bet wins. Sportsbet.io supports Decimal, American, and Hong Kong odds formats to communicate their payout sizes. The ‘My Bet’ tool will calculate your potential earnings before you finalise a bet. Here’s how those odds are calculated:
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Decimal odds
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Payout = your bet + (your bet x the odds)
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American odds
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Payout from negative odds = your bet x (100 / the odds)
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Payout from positive odds = your bet x (the odds / 100)
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Hong Kong odds
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Payout = your bet x the odds
Your knowledge of each team’s head-to-head statistics
Two teams face each other all the time for being in the same league and you can use their past matchups as a reference to guess their next match’s outcome. It’s common for one side to be on a winning streak against the other but these can be broken. Even so, the team that wins the most head-to-head is the safer bet in the moneyline betting.
Simple moneyline betting strategies for winning
Developing a moneyline betting strategy can add an extra layer of fun. Consider adopting some popular strategies used by other bettors. Here are a few of the most effective strategies that you should know:
Study both teams’ rosters and the latest matches
Analysing teams’ performance in their last five games can give you a reference for how they will proceed in the next game. If they’re on a winning streak, they can have better odds of winning while the team with an unstable win rate is a risky wager.
On that note, consider the teams they played against within those five past games. If you see that a team has beaten stronger opponents, it’s safe to say that they have a better chance of winning against weaker sides in the current matchup.
Bet in-play and hedge your wager
In-play betting allows you to place bets while the game is ongoing. One of the benefits of moneyline betting is that it only resolves at the end of the match so you have time to finalise your prediction.
Place an initial bet on either side as early as possible then watch the game. If you’re starting to be more confident in the other team, bet on their victory with a wager high enough to cover your loss from your initial bet and secure a profit.
Take notice of lineup changes and public perception for each team
The lineup refers to the athletes present in the team for the match and the starting lineup consists of the team’s star players. Go online and see how sports fans typically view these players. They often discuss such opinions on forums and updates on their wellbeing are covered in news articles.
The safest moneyline bet often involves teams with a complete starting lineup and the most popular athletes in the match. This moneyline betting strategy is even more effective the more active you are in the sport’s fans community. Use all available information to form a well-rounded view and make more informed betting decisions.
Maximise moneyline wins with Sportsbet.io’s exclusive features
Experience a new level of excitement at Sportsbet.io — your premier destination for crypto betting. Boost your potential winnings using the Price Boost feature on select matches. Additionally, you can use the Bet Builder to combine moneyline bets with other markets from featured leagues.
Our site also has a bet market filter so you can easily find similar markets grouped with each other. This feature helps you easily find popular markets and other prop bets among an array of markets within a single match.
With these robust features, the time is now to immerse yourself in an unparalleled crypto betting experience like no other.
Frequently asked questions
Here are some of the most frequently asked questions about moneyline betting:
What is the moneyline bet?
A moneyline bet refers to the wager you place on the outcome of a sports event. The stakes can be on which team wins or if the event ends in a draw. Payout is given only after a winner is declared at the end of the match.
How does the moneyline betting work?
Moneyline betting works the same way as with any bookmaker market. Choose an outcome from any sports event and place a wager on the bet ticket. Wait until a winner is declared and you get paid if you bet on the correct outcome.
Can I win crypto from a moneyline bet?
Yes. moneyline bets in Sportsbet.io pay in the same crypto that you used to pay the wager. Top up your Sportsbet.io account with the virtual currency you wish to win and use that in moneyline betting.
Place your bets on sports matches and win crypto at Sportsbet.io
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