Best Moneyline Bets
- There are two ways to bet on the outcome of a US sport, and these are known as money line betting and 3-way betting. Before betting in US sports check out 2021 best online betting companies and choose your best site for you. If you like betting with cryptocurrency (bitcoin and etc), check out our best list of crypto bookies.
- Positive money line: +145, +220, or anything similar. When you see a plus (+) sign in front of a price, it shows you that team is the underdog. Higher numbers like +400, +500, +5000, etc.
Best Moneyline Parlay Strategy. The parlay bet is one of the most lucrative and challenging wagers that any sports bettor will chase. A parlay bet can include anywhere from two picks to 20-30 picks depending on your sportsbook With each pick adding a multiplier bonus to the winnings if all picks hit.
One of the most common types of sports betting lines when wagering on a game is the moneyline. You will see moneyline odds for every game and every sport played for the most part. While some games that have a very large spread but stray away from offering a moneyline, it is still one of the most popular styles of betting. A moneyline is a type of straight wager where the bettor wagers simply on who will win the contest, straight up – without any spread involved.
The easiest way to think of moneyline betting odds is that you are only betting on who wins the game. It does not matter how many points or goals they win by, all that matters is who wins. If you see a - (negative) symbol then that team is the favorite and the team with the + (plus) sign is the underdog. Keep reading below to understand how moneyline odds work or visit the homepage of ExplainBettingOdds.com to read about odds in general.
Explaining The Moneyline For Super Bowl 55
Kansas City Chiefs -160
Tampa Bay Buccaneers +140
It isn’t that hard explaining the Super Bowl moneyline. Take Super Bowl 55 between the Kansas City Chiefs and the Tampa Bay Buccaneers. The Chiefs are seen as the favorites with their line set at -160. This means that in order to make a $100 profit, $160 would have to be risked. Looking at the Buccaneers’ moneyline, it is at +140 which is an underdog. This means that a $100 bet would profit $140. Something to keep in mind when reading the moneyline is that when there is a minus symbol in front of the team, they are favored while if there is a plus sign, they are the underdogs.
Understanding How Moneyline Betting Odds Work
The moneyline is used exactly the same no matter what sport you are betting on. All you must do is select who you believe will with the matchup without any other thought behind you. By taking the favorite, a bettor would have to risk more money than what their expected return would be. Because there is no point spread involved to handicap the game, the oddsmakers and books handicap the payouts to ensure their book stays balanced. Betting on the underdog will result in a much better payout, as the oddsmakers have deemed this team less likely to lose. As you take action on either the favorite or the underdog and select the moneyline, a ratio of $100 is used to represent the payouts.
Seems pretty easy right?
Well, it's definitely easier than betting the point spread, in which a team has to cover a spread installed for a match up however you should know that moneyline wagers do not payout the same as a wager against the spread. Keep reading to learn more about payouts when betting on the moneyline.
Understanding Payouts When Betting On The Moneyline
The biggest differences on the moneyline though, aside from no point spread, is the payout. The idea behind a point spread is to bring the two teams in a match up to a more even playing field. If a team is better than the other, the points given by the favorite brings the underdog to a more even field. That is not the case on the moneyline.
Simply put, you will have to risk a whole lot more money on a favorite to profit. On the flip side though, if you bet on the underdog, the potential profit is a lot bigger on the moneyline than betting on the point spread. That is because the likelihood of the underdog winning is slim on the moneyline.
Explanation Of How Moneylines Work In MLB
- Atlanta Braves -300
- Philadelphia Phillies +200
This is an example of a moneyline you could see in Major League Baseball. The Braves are matching up with the Phillies, with Atlanta set as the favorite. You can tell Atlanta is the favorite because of the minus symbol. It is indicative of the amount that must be risked to return a profit. At -300, a $1 profit is made for every $3 risked on the Braves to win the game. On the other side, at +200, that is the same as saying 2/1. That means, for every $1 risked on Philadelphia to win the game, a $2 profit is returned. Moneylines are simply straight-up betting lines with no spread involved, which is why they can range quite significantly.
Article: How To Read MLB Betting Odds
Understanding The Moneyline In Football
- Denver Broncos -300
- Jacksonville Jaguars +300
Here in this example, the Broncos have been set in the role of the favorite, going off at -300 on the betting line. That means, for every $3 risked on Denver to win, a $1 profit is returned. So if you wager $30 on Denver to win, you stand to win $10. On the flip side, the Jaguars are set as a +300 underdog. That means for every $1 risked on Jacksonville, a $3 profit is returned. So if you were to wager $10 on Jacksonville to win, you would profit $30. So you can certainly see the disparity on the payout and why someone might want to take the Jaguars over the Broncos. Also, taking underdog moneylines in parlay bets can be huge for your payouts!
Article: How To Read College Football Betting Odds - How To Read NFL Betting Odds
Understanding The Moneyline Odds In The NBA
- Los Angeles Lakers +200
- Miami Heat -200
Here in this moneyline example for the NBA, the Lakers are matching up with the Heat. Miami has been set in the role of the betting favorite, going off at -200 on the betting line. As such, a $2 wager is needed to profit $1. So if you were to wager $200 on Miami, as $100 profit is returned if the bet is won. On the other side of the equation, the Lakers are in the underdog role. at +200, that is the same as 2/1. So, for every $1 risked on L.A to win, a $2 profit is returned. You can see a wide range of profits for a moneyline, because the underdog and favorite can be far apart straight up with no point spread.
Article: How To Read NBA Betting Odds
Bovada Sportsbook - Best Sports Betting Site For Betting On The Moneyline
Moneylines are one of the most popular bets that players get involved in. There are always teams that are expected to beat other teams. The margin of victory may be pretty wide. The big thing that sticks out here is how big of a favorite some teams are.
There plenty of moneylines that might show a team being a heavy favorite and if players bet against them, that is a very huge profitable opportunity. Upsets are always going to happen so this is where a lot of bread can be won. There are also toss-up games as well that many players take a stab at as well and end up cashing big on Bovada. This is the place to get when it comes to Moneyline bets regardless if its blowouts or close games.
BetOnline Sportsbook - Best Sportsbook With Great Moneylines
It's clear that BetOnline is one of the best sportsbooks for players and the moneylines that are offered are one of the main reasons why. There is news coming out all the time about teams prior to games and as soon as news drop that effects a team, it also affects the Moneyline on BetOnline.
This is what gives BetOnline a bonus over other sportsbooks because of the consistent update of Moneyline and always moving. Place your bet early could also be a great idea because of the news that could swing later on that week or day before matchup. BetOnline has it set up to where if any changes need to have done that is possible.
SportsBetting's Sportsbook - Lots Of Betting Odds When Betting On Moneylines
There are a number of things that SportsBetting sportsbook offers that makes it one of the better online sportsbooks for players. When it comes to picking some of these games with favorable matchups, the Moneyline does really determine how much players want to put down on these games. Most of the time, these games have the favorite that doesn’t really see players win a lot unless they put a lot of money down. When it comes to upsets, however, this is where players can have their lives change by just one pick.
Players with SportsBetting account have seen the Moneyline and have taken advantage of that the line because of the possible big payout. When you see a team like the Lions be underdogs against the Arizona Cardinals pull out the victory, only one thing is happening and that is big money is being handed out to all the players who took the chance on SportsBettting.
MyBookie Sportsbook - Money Line On MyBookie One of The Best
It is hard to find any sportsbook that has better moneylines that MyBookie. The way Moneyline works is very simple and most of the time it changes depending on what players are playing and are not. This often changes and sometimes in the favor of a player's bet. MyBookie is known for having a lot of people cash big when picking the Moneyline and the reason why is simple, their lines are better.
See the underdog betting like at (+115) is not bad but MyBookie will have that same under down with a Moneyline of (+130) which would win players more money if they were to bet on that underdog team. This is why shopping for lines is so important for all players. You can like a team to win a game and have decided you want to place a wager on them but once shopping around for lines, there is a big chance that you will find that MyBookie has the best moneylines.
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When it comes to betting on college football, you have plenty of options. Sportsbooks offer a variety of wager types involving things like totals, point spreads, and all sorts of prop bets. Perhaps the most straightforward of all the college football betting styles is the moneyline bet, which is strictly a pick for who will win the contest, nothing else.
The NCAA football season is a particularly exciting time of year for moneyline betting. College athletes tend to see more variance between performances due to a variety of factors, powerhouse programs play significantly smaller schools in one-sided “contests,” and multi-touchdown point spreads are a common occurrence.
These, plus many other variables, all come together to make moneyline wagers a challenging but rewarding style of gambling on the college game. In this article, we’ll be discussing several strategies and betting systems designed for picking winners straight up in the NCAA arena.
Some of these tips will merely be details worth examining when looking to place a moneyline bet, while others are tried and true college football betting systems.
Best Moneyline Bets Nfl Week 2
We aren’t only looking to win a high percentage of games; that’s easy with so many lopsided matchups. We’re here to turn a profit and help our readers do so as well. And that requires picking the right games and hitting a mixture of underdog and favorites selections to maximize earnings and manage risks.
Slight Road Dogs
Something that’s often repeated with regards to betting underdogs is only to bet them if you really think they can win, even if you take the points. Well, a Bet Labs gambling system has found that wagering on the road underdog moneyline is profitable in games expected to be close contests. You’re looking for road teams who are getting between +2 and +6.5 points, ideally.
One of the reasons this college football moneyline betting strategy is useful is because public money frequently pours in on the favorite. Casual bettors seem to feel more comfortable taking the favored home team when the spread is a relatively narrow margin. The more money that comes in on the home team covering the spread and winning, the more value you’ll get for the underdog on the moneyline.
This system has proven to win about 50% of the time, on average. That’s a phenomenal winning percentage when betting underdogs moneylines. These games will frequently pay out between +130 and +155, meaning you could profit without even hitting half the wagers. At 50%, you’ll be building up the bankroll rather quickly.
70/30 Moneyline Strategy
The betting strategy detailed in the last section will be included in this one. Once again, you’ll be looking to spot probable upsets and bet them on the moneyline rather than taking the points. This time, we aren’t looking at the spreads so much as the betting action.
A Sports Insights system has found that underdog squads receiving less than 30% of the action have gone 11 – 5 against the spread. That’s a nearly 70% winning percentage! But we aren’t making point spread bets; we’re sticking with the moneyline.
Of those 16 games, 10 of them would still have won had they been bet straight-up. The spreads ranged from +2 to +11.5, showing that when the public is overly optimistic about one side, it pays to be a contrarian.
So, let’s say you put $100 on a moneyline bet for each of these 16 underdogs who received less than 30% of the total betting action. With those ten victories, you would be up a total of $1,474, making this one of the best college football moneyline betting strategies around.
The 70/30 strategy is a massively successful system and is one of the reasons why investing in a service that tracks line movements and action is worth the cost.
Look for Active Underdogs
You may have noticed that college football moneyline strategies tend to take one of a few different approaches to winning. They either focus on teams who are extreme favorites or try to spot underdogs with high potential to score an upset. This is the latter, an attempt to score more underdog moneyline wins.
No matter which college football experts or pundits you listen to, there’s always one consistent variable included in their handicapping: players’ emotions. At this level of the sport, athletes are more prone to significant variance when it comes to performance. Handicappers are always on the lookout for letdown games, emotional bounce-back contests, and teams looking past their next opponent.
Programs coming off an emotional win, possibly as an underdog triumphing over a bitter rival, frequently perform well below expectations in the following game. Meanwhile, teams that were recently upset themselves often dominate their next opponent with an inspired return to form.
Then you have highly ranked teams focused on a matchup with playoff or championship implications in a couple weeks who forget about the game that must be played in the meantime. These overlooked squads come out and shock the cocky team somewhat often, ruining the hopes they had for the following week before the kickoff.
Since we’re looking for college football moneyline betting strategies, a solid place to start is by identifying schools facing one of these scenarios. Look at the matchups immediately before and after their most heated rivalry games, as well as any contests against top-ranked opponents. Mark those games off on your calendar to revisit when it’s closer to gameday.
Then, all you have to do is analyze the squads’ recent performances. Do they fit any of the conditions mentioned above? Are they playing an underdog divisional opponent immediately following a huge win over a rival? That might be a great place to lay some action!
Mike Wohl’s Heavy Favorites Moneyline System
At the annual MIT Sloan Sports Analytics conference, MIT graduate Mike Wohl presented a new ultra-conservative approach to college football moneyline betting strategy. He found that he could expect returns of 12.24% on the season, an excellent rate of return, by only gambling on heavy favorites on the moneyline.
He focused on point spreads ranging between 20 and 25 points and then bet them straight-up without the points. Throughout the NCAA football season, there are 4.5 games per week on average that fit these criteria.
By themselves, each of these wagers barely earns a profit, as should be expected when betting favored teams moneylines. However, with a big enough bankroll and staking amount, this slow, safe approach leads to returns that are competitive versus any investment portfolio. Considering the fact that teams with such broad point spread margins win their matchup roughly 95% of the time, there’s minimal risk involved.
If you have the patience and the bankroll to execute such a plan, it’s one of the safer ways to grow your bankroll over time. One thing to be wary of, however, is that some sportsbooks pull the moneyline odds as soon as the spread increases beyond 11.5 points or so. Online gambling sites will most likely be your only option for attempting such a strategy.
The Favorites’ Four-Team Parlay
Building on the same fundamental concept behind the Mike Wohl system, you may also want to try this college football moneyline betting strategy which utilizes parlay cards to improve payouts. While this method of betting on heavy favorites may carry a bit more risk, it also drastically increases the timeline for growing your bankroll.
To implement this betting system, you must find home teams that are favored by at least 14 points but are preferably closer to the 20-25 used in the previous section. You bet these four games on the moneyline parlay, which should average out to around -130 gambling odds.
To profit using this method, each individual game should have at least an 87% probability of winning their contest. At -130 odds, you only have to win 57% of your four-teamers to ultimately increase your bankroll. In most leagues, finding four teams per week that are so heavily favored would be nearly impossible, but in college football, there’s always some powerhouse squad using a lesser school as a warm-up game or active bye week.
Despite having to win at a high rate in order to profit, don’t let those percentages intimidate you. During the NCAA football season, two-to-three-touchdown favorites cover about 95% of the time. Once again, these moneyline odds won’t be available at most land-based sportsbooks. But online, you should be able to find bookies who will accept these conservative college football moneyline betting strategies.
Upsets Based on Travel
While many of the strategies in this article are fully-designed betting systems meant to be strictly followed to gain an edge, this tip is merely something worth identifying when looking for underdog moneyline candidates. A variable that many handicappers forget to consider is the effect travel has on the human body, and thus, athletic performance.
In particular, traveling from the west coast to the east has shown to decrease players’ abilities on the field of play dramatically. Northwest University did a study on circadian rhythms and their impact on athletic output and found that jet lag was a significant factor. Furthermore, for each time zone a team must travel through, it takes an additional twenty-four hours for the body to fully adjust back to its normal levels of speed, strength, and stamina.
If you identify schools that are heading east for their matchup, you can then see if they match any of our other criteria to find a high-probability upset pick. Imagine a road team that flew across the country and received over 70% of the public money that week. Talk about the ideal opportunity to employ some of our college football moneyline betting strategies.
Organize Your Staking by Favorite or Underdog
For the most part, when betting college football games on the moneyline, you’ll either be betting on a significant favorite or a slight underdog. When organizing your gambling this way, it’s crucial to have a system for your staking. Rather than bet the same amount for each contest, your staking amounts should change depending on the wager.
For the sake of this example, let’s say that your base unit of betting is $100. That’s your standard amount to stake and equals one unit. Whenever you’re using a college football moneyline betting strategy that focuses on taking the favorite, stake the amount required to produce one unit of earnings.
So, if you’re picking a -400 favorite, you’ll stake four units to win one. On the other hand, when you’re gambling on the upset, you merely have to put up one unit in an effort to win anywhere from one-and-a-half to three units. You’ll always be either betting $100 or trying to earn $100, depending on the result you’re working for.
Last Thoughts
College football lends itself well to moneyline betting strategies. With 128 participating Division I programs, there’s an enormous gap in talent between the top schools and the bottom feeders. Regardless, the disparity in ability does not stop these juggernaut teams from facing off against significantly weaker sides regularly.
Remember, when using the MIT graduates conservative moneyline system, there are roughly 4.5 matchups with point spreads of 20-25 points every week! Not only do we have tons of mismatched games where one squad is seriously better than the other, but there are also many upset opportunities if you know where to look.
A winning long-term college football moneyline betting strategy will diversify your bets into a mix of massively favored schools and slight underdogs. The 20-point favorites will win about 95% of their contests and create profit slowly, while the dogs only need to triumph around 50% of the time to increase the bankroll.
By focusing on a bevy of factors, from travel to weather to where public money is going, you can identify enough of both types of these matchups to benefit from each and every week. To quickly locate the best games on which to gamble, you may want to consider signing up for a sports betting analytics site like Bet Labs or Sports Insights.
There are also some powerful free tools out there, though they’ll require the ability to write SQL queries or will generally take more work to utilize. Whatever you choose, you’ll want a better way to locate the ideal scenarios to employ the systems and strategies than combing through all of the contests manually.
Best Moneyline Bets College Football
College football moneyline betting strategies are only one of many approaches to wagering during the season. In our other NCAA football gambling guides, we’ll look at systems built for betting against the spread, tips and tricks for picking over-under totals lines, futures bets, and propositions.
After reading them all, you’ll have numerous potent handicapping tools at your disposal to turn this fall and winter into some of the most successful gambling months of your life!