What is the Moneyline in NFL Betting? Moneyline bets sound pretty American. And they are. Especially in the context of US sports, this term appears quite often. Especially in basketball and baseball, Moneyline bets are often played. In this article, we are going to talk about NFL Moneyline.
Moneyline in NFL Betting :
Even when betting on hockey and American football, this term appears quite often. Football is often betted in this country, so this term will not be familiar to some of you. In the end, Moneyline means betting on winning a team.
Betting on victory:
NFL Moneyline is almost nothing other than a 3-way bet or even a win bet. The term differs in no way, is just used in front of US sports.
Not to be confused are Moneyline bets with overall winner bets. Betting on the overall winner will place a bet on the winner of a tournament. Moneyline bets always refer to a special encounter. They are also often used in conjunction with American betting odds.
What is the difference to the classic 3-way bet?
In football, 3-way bets are often placed on the result after 90 minutes. There are also draws possible. NFL Moneyline bets, on the other hand, allude to the winner, whether after regular time or extra time. In US sports draws are not or hardly possible. The extension is therefore taken into account.
Who are Moneyline bets suitable for?
Especially for sportsbook beginners, Moneyline bets are a very good thing. Since only wagering on the winner, the possible chance of winning is theoretically 50 / 50th Also. You do not have much to deal with the sport to understand what it is. For handicap bets or over/under bets that looks quite different. Read more about Moneyline here.
Moneyline does not bet on football:
Moneyline bets are not suitable for football, as this can often lead to a draw. Here you should grab again for the 3-way bet. But different for bets on US sports:
- Ice Hockey
- American football
Moneyline bets are not a bad thing for US sports. It is bet on the winner of an encounter. This opens the door to sports bets, especially for beginners. Professionals also play Moneyline bets, but on a completely different scale. If you bet on football, you should stay with the classic 3-way bet.