Moneyline Bet Ends In Tie
- The money line is actually the most straightforward bet you can have on any sport. Whilst the spread bet is on a team to win and by how many, the money line is a bet on simply a team to win. Money Line – How it Works. Here is a typical money line for a game in the NFL: Green Bay Packers +180 Pittsburgh Steelers.
- Since moneyline betting is just picking the winner bets can not push because the game can not end in a tie. NFL moneyline odds typically range from -110, which would be considered a small favorite all the way up to -600, which would be considered a massive favorite. If moneyline betting is not for you then you can head over to our NFL odds page.
The odds on a tie are especially interesting in this matchup, considering where these two teams will likely end up. The Dolphins sit at 0-4, while the Redskins hold a record of 0-5. Should Sunday’s matchup end in a tie, and these two teams finish with identical records (which they are on pace to do), it would create a coin-toss conundrum for.
Money Line betting is the most common type of sports bet. The simple format ensures it’s a popular choice for beginner bettors. However, more advanced bettors will still turn to this market to find value. What is a Money Line bet? How does Money Line betting work? Read on to find out.
What is a Money Line bet?
Money Line betting is one of the simplest and most common ways to bet. There will usually be two options presented in a market and all you have to do to place a Money Line bet is choose who you think will win and place a bet on them. The easiest way to describe what a Money Line bet is, is to think of it as a “match winner” bet.
If you place a Money Line bet and the team or person you have bet on wins, your bet will win. If the team or person you have bet on loses, your bet will lose. In order to calculate the potential return from your Money Line bet, simply multiply your stake (the amount you bet) by the decimal odds of the option you are betting on.
How does Money Line betting work?
Money Line betting is most prevalent in sports like baseball, tennis and UFC. While it is still a popular choice for betting on the NBA and NFL, the high scoring nature of sports like basketball and American football mean other bet types are more widely used (such as Totals or Handicap).
Although Money Line betting is most common in sporting events that feature two teams or competitors where the result cannot be a draw or tie, people may also refer to a Money Line market in soccer or other sports that can end in a draw.
This could either be a three-way Money Line market (which includes the draw). However, this is more commonly referred to as the 1X2 market (1 representing the home side, X the draw and 2 the away side). Alternatively, there is a more standard two-way Money Line market in soccer which will adjust the odds to remove the option of the draw and simply “push” (return your stake amount) if there is no winner.
It is important not to tie yourself to a specific market and say you will only bet the Money Line, Handicap or Over/Under. While you may specialise in a certain market, it can still be useful to analyse the complete picture of an event provided by the betting market
Unlike other markets like the Over/Under (Totals) or Handicap, Money Line bets are settled solely on the result of the match – it is not impacted by the winning margin or points scored. The odds offered will reflect who is most likely to win (the favourite) and who is likely to lose (the underdog).
Although the Money Line is different to the Handicap market, there is a clear correlation between the two. The higher the Handicap mark is on the favourite, the more likely they are to win. This means the higher the Handicap is, the shorter the Money Line odds will be on the favourite (meaning the odds on the underdog will be bigger).
Handicap betting is often a popular alternative to the Money Line when there is a large disparity between the quality of two teams or competitors taking part in a match. If you are confident enough in a team winning that you think it will be greater than a specific margin, this is a case where a Handicap bet might more sense as it will provide you with an opportunity to make more money from your bet (picking a team to win by more than a certain amount of points is harder than just predicting them to win by any margin).
What is the difference between the Money Line and 1X2 betting markets?
As previously mentioned, the difference between the Money Line and 1X2 betting markets might appear to be a relatively minor difference, but it will have a big impact on the odds you bet with and the result of your bet.
The key difference between the two market types is the availability of the draw option. The Money Line traditionally only offers two options, Team/Player A to win and Team/Player B to win. However, the 1X2 market (most common in soccer) has both of these options, plus the draw.
Some people believe the difference is simply down to a preference of terminology, and that is why it’s important to know what you’re betting on if you’re talking about the Money Line if a draw is a potential outcome. You need to determine if it’s another way to refer to the 1X2 market (a three-way Money Line) or the traditional Money Line that doesn’t include the draw. If you’re betting on the 1X2 and think it’s a normal Money Line bet, you will be in for a surprise when your stake isn’t refunded if the result is a draw.
Money Line bet example
While the concept of a Money Line bet is simple to understand, it can still be useful to go through an example to help those new to betting. Below is an example of a Money Line market for an NFL game at Pinnacle.
These odds suggest the Kansas City Chiefs have a 79.56% chance of winning the game, whereas the Houston Texans have a 20.44% chance.If you believe the Houston Texans will win, or have a greater than 20.44% chance of winning, you may want to place a Money Line bet on them.You then simply add the selection to your bet slip and place the bet.
If the Houston Texans beat the Kansas City Chiefs, this would result in a win for your bet and a return of €47.40 (€37.40 profit and your €10 stake).If the Chiefs were to beat the Texans, the result of the bet would be a loss and it would return €0.
Money Line betting strategy: When to bet the Money Line
Once you understand how Money Line betting works, there are various methods or strategies you can use to decide what to bet on.Those who bet for fun may just choose their favourite team or the team that, based on their opinion, they think has the best chance of winning.However, those who are serious about betting will be more concerned with the concept of value and will want to bet on the team that has been underestimated by the odds provided by the bookmaker.
If your aim is to use a Money Line betting strategy to make a long-term profit, an understanding of probability is key. This is where converting odds into percentage chance can help give you a better idea of how the bookmaker (and rest of the betting market) think a game will play out.
Whether you use a complex model, a simplified power rankings system or just odds comparison from an efficient bookmaker to one that hasn’t managed their odds correctly, the concept of value always remains the same. You are looking for an option within the market that has a greater likelihood of happening than that shown by the available odds.
It is important not to tie yourself to a specific market as a bettor and say you will only bet the Money Line, Handicap or Over/Under. While you may specialise in a certain market or have access to data that will make it easier to find an edge, it can still be useful to analyse the complete picture of an event provided by the betting market to help inform the decision making process before placing a bet.
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How to bet Soccer
Soccer is an emerging betting market in the United States as more and more people are becoming interested in it. If you're looking to learn more about the game of soccer and how to bet soccer, you've come to the right betting guide.
Understanding Soccer Odds
In the United States, soccer odds are shown in 'American' format and listed in a money-line format which is the same odds that both Baseball and Hockey produce.
There is always a favorite, designated with a plus (+) symbol and an underdog that is represented with a minus (-1) symbol.
The different from Baseball and Hockey is that soccer games often end in ties or what is more commonly referred to as a draw.
Best Soccer Betting Sites
Rank | Soccer Sportsbooks | Welcome Offer | Legal States | Bet Now |
---|---|---|---|---|
1. | BetMGM Visit Review | Risk-Free Bet up to $600 T&C’s Apply, 21+ | Available in CO, IA, IN, MI, NJ, NV, PA, TN, VA, WV | |
2. | PointsBet Visit Review | 2 Risk Free Bets to $2,000 T&C’s Apply, 21+ | Available in CO, IA, IN, IL, MI, NJ | |
3. | WynnBet Visit Review | Up To A $500 Risk-Free Bet T&C’s Apply, 21+ | Available in CO, MI, NJ |
Updated on :
In order to place bets on these sportsbooks, you must be in a state in which sports betting is regulated and where the corresponding sportsbook has a sports betting license. Welcome offers through VegasInsider are currently available in New Jersey, Pennsylvania, Indiana, Illinois, Iowa, Colorado, and West Virginia. Welcome offers may differ depending on where you register. Please visit the sportsbook using any of our links, change to your location and confirm your welcome bonus offer and requirements before you register.
Three-Way Line
In soccer, a money line takes the place of a point-spread but there is a twist. Bettors will always have the option of playing a favorite or an underdog, but you can also bet that the game will end in a draw, which is a tie.
Barcelona -145
Manchester United +400
Draw +240
In the above example, Barcelona (-145) is the favorite and bettors would stake $145 to win $100 on Barcelona. Sticking with this example, you can see that Manchester is the underdog (+400). Bettors would win $400 if they placed $100 on Manchester and they won. In the event that the game ends in a Draw/Tie, bettors who wagered on Barcelona or Manchester would lose their wagers.
In the above example, the Draw (+240) pays out $240 based on a $100 wager. The Draw is a loser if either Barcelona or Manchester wins. The Three-Way Line is valid for 90 minutes of action only.
What is the Two-Way Line (Goal Line)?
Barcelona -1.5 (-140)
Manchester United +1.5 (EVEN)
The Goal Line in soccer is comparable to a point-spread wager in football. It allows bettors to minimize their risk on heavy money-line prices or even better reward them with generous payouts. In the above example, Barcelona is -1.5 goals (-140) on the Goal Line. Bettors would risk $140 to win $100 on Barcelona to win by two or more goals. If Barcelona loses or wins by one goal, the wager is a loss. If you grab the 1.5 goals with Manchester, bettors would wager $100 to win $100 (EVEN) if Manchester won the game outright or lost by one goal or less. The Goal Line is valid for 90 minutes of action only.
How to Bet Soccer Totals
Over 2.5 (+100)
Under 2.5 (-140)
The 'O/U', also known as Over/Under or Total, is the number of combined goals that the oddsmakers expect to be scored in the matchup. Bettors can either wager Over or Under on the goals listed. In the above example, 2 1/2 goals, bettors taking the Over would win if Barcelona and Manchester score 3 or more goals in the game. Bettors taking the Under would win if the two teams combine for 3 goals or less. If the game ends with the exact number of goals listed in the total, the result is considered a push (tie) and all wagers are refunded.
Oddsmakers often associate a money line with 'O/U' lines, which means bettors would have to lay extra money in some cases. Ex. Under 2 1/2 (-140) -- Bettors would wager $140 to win $100. The Total is valid for 90 minutes of action only.
Future Wagers
Similar to other sports, soccer futures betting is often popular and it caters not only to daily and weekly bettors, but the masses too.
The most discussed future wagers in soccer circle around the top-flight leagues globally and also major events.
Popular Soccer Betting Leagues
- Premier League (England)
- La Liga (Spain)
- Bundesliga (Germany)
- Serie A (Italy)
- Ligue 1 (France)
- MLS (United States)
Popular Soccer Events and Tournaments
- FIFA World Cup
- UEFA Champions League
- UEFA European Championship (Euro)
How to Bet the World Cup
The World Cup is an International soccer competition that takes place every four years, usually played in the summer. The tournament features 32 teams that went through a thorough qualifying process in order to reach the event. The World Cup is run by FIFA (International Federation of Association Football), who is the international governing body of soccer or what many countries call football. The first World Cup tournament took place in 1930. The tournament features 32 teams, who earn bids via a qualification process in different regions.
World Cup HistoryGroup Stage
The 32 teams are divided into eight groups of four and those teams will play a round-robin tournament among themselves and the top teams based on records will advance to the knockout stage.
Knockout Stage
After the field is cut in half from 32 to 16, those teams will square off in a single-elimination tournament in one-off matches. If the games are tied after 90 minutes, two 15 minute extra time sessions will be played and if still tied then a penalty shootout will take place to decide the winner.
- Round of 16 (8 matches)
- Quarterfinals (4 matches)
- Semifinals (2 matches)
- Final (1 match)
Below are the best betting sites and betting options in states with legal sportsbooks to get you started with soccer betting. There is also sports betting with other sports besides soccer available at these sportsbooks. Remember to bet on soccer responsibly and check out the Vegas Insider soccer pages for insight on your different types of soccer bets.
Soccer Rules for Bettors
All sportsbooks and bookmakers follow their own regulated house guidelines, but the rules listed below are widely considered industry standards:
- Regulation Time Only Unless otherwise specified all soccer matches are based on 90 minutes of play plus added injury and stoppage time only.
- Extra Time, Golden Goals and Shootouts do not count towards the wager.
- Matches must go to full time or all wagers will be graded no action
Football Moneyline Bet
Hoped you learned a thing or two on how you can win real money by betting on soccer. There are many kinds of types of soccer bets so it makes sense to try a few soccer betting sites out first to see which is the right fit. Remember your bonus code as you get started betting on different soccer matches!