Moneyline Bet in New Zealand

Updated: 30/01/2024 01:55 PM

When you place bets on a football game, you'll have access to different betting options, including the moneyline bet option. In this case, you want to predict who will win the game. In sports betting, the money line bets are direct options that can easily be tracked. Moneyline odds vary from one sportsbook to another. Sports bettors try to check with the teams to see which one is likely to win when it comes to money line betting.

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Table of Contents

Moneyline Betting Explained

To understand moneyline betting, we've created this section to break down the market. It is a bet you place on which team wins or if the game will end in a draw in the case of a football bet. Money line markets are all about a team winning or the match ending in a draw. In this case, you're not looking at the point spread bet.

One thing you should understand is that this bet varies for different sports. For example, if you're betting on tennis, the game only ends when a tennis player wins. So you're betting on who you think will win. But in the case of football, this particular bet includes a draw option. Once you place moneyline wagers on football, you can choose whether the game will end in a draw or in a particular team winning.

Moneyline betting is a straightforward option to consider. It is not like the point spreads bet, where a particular team starts the game with an added advantage. Both teams are starting on equal footing, and once the game ends, you can tell whether you have a winning bet. With money lines, you need to pick one of the implied probabilities of each option. You can add these bets to a single or parlay bet.

Moneyline Betting Markets

How moneyline bets work is straightforward. You choose an option from the possible outcome and wait for the game to end to see if you have winning bets. This option doesn't have a point spread involved and is different from placing point spread betting. In most cases, there are two options to pick from, but with sports like football, where a game can end in a draw, there is an additional option. Below are the three common moneyline bet options.

Team A Wins

In this case, among the two teams, you are favouring the first team to win the game. Once team A can take the lead and maintain it throughout the game, you will win the match. This option means that the favored team must end the game with a win. They may or may not be the ones with the lower odds, indicating that the team is most likely to win or not. For example, Team A might have negative odds with the minus sign, indicating they are the favourites to win the match.

Team B Wins

This is the opposite of the first option. You want the other team to win. In this particular matchup, you're backing the second team. Maybe based on your research, you've discovered that the implied probability favours team B. So, you're choosing them to end the game with a win. They may or may not have higher odds, which can lead to higher potential winnings. Team B might have positive odds with the plus sign, showing that they are the underdog, making a bet on them offer a higher potential payout.

Draw

In cases where the game can end in a draw, like most football matches, you can also choose that the match will end as a draw, meaning that neither team will win the match. You're backing that each team scores the same amount as the other. In most cases, a bet on the draw option guarantees larger potential payouts when you choose it.

How to Place Moneyline Bets

Placing bets on money-line options is straightforward. However, if you're new to online betting, you might need to follow the step-by-step guide below to learn how you can place a moneyline bet. With that, you can try to get good value and a larger payout with your next bets. Keep reading to learn how to place these bets.

Step 1

Find a Suitable Betting Site

The first step is to find a top-notch site to join. You can check our recommended list to pick out a suitable site. As a bettor, you need to join a suitable site to enjoy all the goodies that come with playing at these casinos. You can always enjoy the gambling experience that comes with playing at these casinos. Take your time to check the sites and pick the one you like.

Step 2

Pick the Sport and Game You Want to Bet On

The next step is to pick out the sports you want to bet on. Before you bet on any game, you want to ensure that you understand the sport. Know how it works and how a team or player can win the game. You should also find the game you want to bet on before proceeding. That way, you can know how to focus on your research.

Step 3

Do Your Research and Make Your Predictions

You need to do your research on the individual team considered to ensure that you can pick the right thing for your prediction. Check the absolute value for winning and understand the odds, whether it is American, Decimal, or Fraction. The outcome will be the same, but the representation is different. For instance, American odds have a negative number and a positive number, while the decimal odds are a simple decimal representation of the odds.

Step 4

Start Betting

Once you understand the odds and have made your prediction, you can proceed to place your bets. You can participate in live betting or place a bet on an upcoming tie. The goal is to pick the winning side or if the game will end in a draw. Once you've done that, you need to wait for the game to end so you can know if you've won money.

Strategies and Tips for Moneyline Bet

If you want to win more money with money-line moves, you should consider some expert tips and strategies before betting. These betting strategies will help you understand how to get the best odds and improve your winning chances, although you should note that they don't guarantee wins. So, you might want to be careful how you wager money.

Handpick Your Bookmaker from Our List

Follow Team News and Injuries

Identify Motivation and Stakes

Evaluate Trends and Streaks

Utilize Advanced Statistics

First things first, you need to choose your bookmaker as carefully as your favorite team. To do that, we highly recommend that you check out our curated list for reputable online bookmakers with competitive odds. A good bookmaker is like a winning teammate in your betting journey. Explore the options – your satisfaction is our goal because having a reliable bookmaker ensures fair play, timely payouts, and a smoother betting experience.

Conclusion

Moneyline betting involves more than just picking winners; it's a calculated dance. The excitement of the game comes from watching the drama of the match develop, whether you're rooting for Team A, Team B, or the attraction of a draw.

Insider information: Your tactics count. Pay attention to the dynamics of your team, enjoy the highs of winning runs, and assess the risks. However, what is your hidden weapon? A trustworthy sportsbook. Make an informed decision and check out our suggested sports betting sites for great odds to make sure your wagers go through on this erratic stage.

Also, use our betting calculator prior to the start of the next game. It's about making wise decisions, not just about the rush. Improve your betting skills by calculating your possible earnings. Since every bet is a calculated step towards victory in this arena, knowledge truly is power.

Frequently Asked Questions

How Can I Win More with a Moneyline Bet?

You can take advantage of free bet offers to increase your chances of winning more with this option.

Is Moneyline Betting Available on Mobile?

Yes, most sports betting sites let you bet on this option.

Where Can I Find a Suitable Sportsbook for Moneyline Betting?

You can check out our top bookmakers list and pick a suitable option for your next adventure.