Unlike other betting options that can include spreads, over/under, or complex parlays, the Moneyline focuses solely on which team will win the game. However, soccer Moneyline betting has unique features that distinguish it from other sports. Soccer matches have three possible outcomes: win, lose, or draw.
So, Moneyline Bet in Soccer. What Is It? Let’s find out with PHSPIN.
What is a Moneyline bet in Soccer?
A Moneyline Bet in Soccer is a bet placed on the direct outcome of a match, with three main options: a home win, an away win, or a draw. Because of the draw option, Moneyline bets in soccer differ from Moneyline bets in sports with only two possible outcomes (like basketball or baseball). Moneyline bets in Soccer seem simpler than Double chance betting, its typically come in two types:
- 3-Way Moneyline: A classic Moneyline bet in soccer includes an option where you can bet on the home team to win, the away team to win, or the game to end in a draw. When you place a 3-Way Moneyline bet by betting on one team and the match finishes as a draw, your bet is considered lost. This is where understanding probable draws becomes important while betting on a 3-Way Moneyline.
- Draw No Bet or 2-Way Moneyline: This eliminates the draw from the equation, meaning that you will not lose your wager if there is a draw. A 2-Way Moneyline, often known to most people as “Draw No Bet” will return your stake upon a draw. Consequently, it is less risky for the punter, for the chances of him being ruled out of the game are eliminated since the teams are somewhat even.
Critical Insights
- Money line bets are bets placed on a game’s conclusion. The term “money line” represents the payouts for winning the bet, with a negative integer for the positive and a negative one for the favorite.
- A money line bet is considered to be the least complicated kind of bet because what is at stake is so straightforward: who will win?
- Payouts still take into account the odds of a game, with the teams split into two neatly organized categories: favorite and underdog.
- Gambling always involves a negative expected return, the house always has the advantage.
Why Choose a Moneyline Bet in Soccer?
- Simplicity: The Moneyline Bet in Soccer is one of the most forthright and easiest-to-understand wagers and placing that makes it popular for both newcomers and experienced punters.
- Reduced Complexity: While other bet types involve follow-ups and deep knowledge about the game stats or point spreads, a Moneyline bet is just a matter of choosing the winning side or predicting a draw.
- Versatility: When it comes to the 3-Way Moneyline, an underdog or closely matched teams offer a leeway to make strategic plays on those interested in betting. You can opt to bet on your team to win outright or opt for the Draw No Bet feature if conservative betting is your thing.
Calculating Payoffs in a Moneyline Bet in Soccer
Because the odds are set by the sportsbook, the payouts for moneyline betting are dependent on the set odds. Most of the time, these odds are presented in the form of each team, or other different aspects. Example:
- Positive Odds(+): When a team has a positive odd of +150, it means that should the selected team win, a $100 bet will return a profit of $150.
- Negative Odds (−): With -150 odds, a particular team would require a $150 wager in order for you to achieve a profit of $100.
These odds are unique for each match and provide transparency on the probable payout amount; consequently, they may be used as a strategic tool when comparing risk versus reward before laying a wager.
When to Bet on Soccer Moneyline
Moneyline bets are best fit to
- Heavy Favourite Matches: A team that is greatly favored may yield a small but likely return, through a Moneyline bet.
- Similar Games: In games where the two teams are well matched, the Draw No Bet can provide additional security in case the match ends in a draw.
- Underdog Betting: Any game with high underdog odds offers an opportunity for receiving a much higher payout on an upset using a Moneyline bet.
What are the possible risks on the Moneyline bet in Soccer?
In return, though, you do get simplicity with Moneyline bets, but not without risks:
- Higher Risk in 3-Way Moneyline: It has always been tricky to bet on a single side for soccer matches since there can be a draw. When teams may be of fairly similar strength, a Draw No Bet option can help decrease the risk.
- Lower Returns for Favorites: Those matches with heavily favored teams will have lesser returns for the Moneyline bets placed on such a team, making other bet types more appealing, perhaps.
The Bottom Line
The Moneyline Bet in Soccer provides a straightforward way to engage in soccer betting by focusing solely on match outcomes. The potential payout for each bet depends on the odds assigned to each team or competitor, which are displayed as numbers next to their name.
