Read our guide to learn about making the right bets
Every punter has used money line betting at least once without even knowing it. It is available at almost all sportsbooks and betting sites, but what is it? In our guide, you’ll learn about making money line bets at online bookmaker sites in 2024.Wagering on sports or other events at online gambling sites in Belgium isn’t just about picking the most possible outcome, paying, and winning money. There are countless nuances, starting from reading different types of odds and ending with understanding money line bets. We will stop on the latter so far. Read our simplified guide with examples to advance your knowledge in sports betting and start earning money from it.
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What is a money-line bet? In sports betting, it means wagering money on a team or player expected to win. If a punter picks the winning side, the sportsbook pays him money. Simply put, it is betting on the winner of any sports event and getting money to make the right choice. Like odds, moneyline bets have their own values.
What are the values?
Money lines are represented in positive and negative values at online sportsbooks in Belgium. Positive values are marked with + and point at a team or a player who is a favorite of the game. Respectively, negative values are designated with - and point to outsiders of the competition. Usually, positive and negative values are shown as follows: +150, +235, -170, -310.Picture Source: FlickrSigns like + and - also aim to show how much money punters will get in case of winning. Thus, numbers with a minus sign mean the punter will get less than the original wager if the betting succeeds. At the same time, numbers with + suggest that the sportsbook will pay the punter more than he has wagered.
Examples of Money Line bets
From theory to making money line bets, let’s take a look at the following example: odds on the PSG v Manchester Utd match. 22BET shows that the French club is the favorite for the upcoming Champions League game. Take a look at the money line:PSG -350Man Utd +320Let’s “make” a $100 bet on this UCL match to see how it works. Supposedly, you wager $100 on the English club to win. In the case of successful betting, you will get a $320 profit as you bet on the dark horse. This is risky, but it brings in more money. The money line offers -350 on Paris Saint-Germain to win. You must wager $350 on the French club to win $100. Therefore, most people prefer betting on underdogs to have a significant profit. Use 22BET Sportsbook to bet on football & other sports with the best odds.
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