If you’re new to betting, moneyline sounds like a rather complicated wager that’s only popular in America. The truth is, it is a popular wager in the USA but it couldn’t be simpler.
In fact, it’s a bet you’ll place on a regular basis! Below you’ll find all you need to know about Moneyline betting, including what it is and how to play them…
What Is Moneyline Betting?
Moneyline betting is the simplest form of sports betting and is essentially a wager on the team or athlete you believe will win.
The term Moneyline is mostly used in the USA, and is ultimately their way of describing the Match Result market. Often, Moneyline betting will also use American odds.
You can play this market across almost any sport, with football the most popular among punters.
For example, if you were to place a Moneyline bet on a match between Tottenham and Liverpool, the odds may look a little like this.
The odds equate to 16/5 for Tottenham and 19/20 for Liverpool to win the game, so as you can see Liverpool are big favourites.
If you were to place a Moneyline bet on Liverpool, the Reds would have to win the game for you to win. If they lose, the bet loses.
Understanding The Moneyline
American odds are a common way of presenting moneyline wagers, but don’t let that put you off, they are easy to understand.
This type of odds commonly has two sides to them. You’ll see numbers displayed as positives, and numbers displayed as negatives.
The example above shows Liverpool having odds of -105, while Tottenham enjoy odds of +320.
Negative numbers usually signify a more favoured outcome and they represent the amount you have to stake to receive £100 in return. So in the case of Liverpool, you would be required to stake £105 to receive winnings of £100, plus stake, giving you a total return of £205.
For positive numbers within American odds, they represent the amount of winnings you’ll receive from a £100 stake. Therefore, in the case of Spurs you would win £320 for every £100 staked, plus your stake back. In total that would be £420 from a £100 bet.
What Sports Can I Place A Moneyline Bet?
You can place moneyline bets on almost any sport in which there’s competition with another team or athlete.
Football, basketball, rugby and cricket are among the most bet on in the UK, but you can also bet on many individual sports too, such as golf and boxing.
Below you’ll find a list of some of the more popular sports associated with moneyline betting:
Where Can I Place Moneyline Bets?
You can play moneyline betting with every bookmaker around, with all the major ones having an expansive range from top level sports, to semi-professional and college leagues.
The likes of Paddy Power, William Hill and 888sport are all particularly popular with punters, with them covering moneyline betting globally. However, it is worth noting that with British bookmakers, moneyline markets are usually referred to as Match Result.
You can find all our favourite bookmakers on our bookmakers page, where we post all the latest reviews and offers for the biggest names globally.
What’s more, if you’re wanting to get started with moneyline betting, head to the free bets and no deposit free bets section of our site for all the latest offers. It’s the perfect chance to claim some free wagers and practice playing the moneyline market.