Many terms are used in betting, and sometimes they even mean the same thing, but with different names. For players just starting out on their trajectory, it's important to stay tuned in some of the key terms, so let's talk a little more about what moneyline betting means.
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To reassure you, we can guarantee that this is the easiest type of bet to be understood, not least because it is by far the most used among all bettors. Moneyline betting basically refers to betting on the winner of the match, be it a team or an athlete. That's why, regardless of the sport you bet on, the purpose is the same: to point out who will win the event.
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Moneyline bets are sometimes confused with other terms, and it is essential that you know the difference, even if it is something very similar, as bookmakers have a little different vocabulary between them. Many platforms use the “1v2” market to pick the winner of the match. The difference is subtle, as the idea of moneyline betting is to choose between one or another team (or player), so it is more common in sports where there is no possibility of draws at the end of the game. The “1v2” market offers, in addition to the possibility of choosing Team A or Team B, the chance of a tie between them. That's why it is widely used in football.
However, there is the possibility of finding moneyline betting in football, but with a slightly different term, such as moneyline betting in a tripartite market. This is because, as we have already pointed out in the previous paragraph, there is the possibility of betting on another alternative: a draw. However, the rest remains the same, as you choose only one option and you have to hope that that one is the winner.
But now we need to warn you: there are alternative markets in football that in case of a tie the bet is returned, not being considered a lost bet, that is, you don't win but you don't lose either. That's why it's important to be careful when betting on football, analyzing and interpreting the odds well, as we show an example of traditional moneyline betting (pick the winner, and your alternative will basically be win or lose) and we also show these alternative bets, where it also includes a tie, but with the option of a returned bet amount.
Moneyline bets are decided solely on the outcome of the match. They do not include and are not influenced by the difference in winning margin, points scored, goals scored, etc. One of these alternative types we've mentioned is called a Handicap, which is another important way to differentiate from moneyline bets.
The Handicap is also an alternative to choosing the winner of a match, but in a much more complex way, as it requires calculating the margin of goals and points at the end of the game. You can choose the same winner, but choosing a specific margin for the victory, be it goals, points, etc. In moneyline betting it doesn't work that way, as you only select your favorite team, it doesn't matter if they win 1v0, 3v1 or 5v3.
In a basketball game, for example, imagine a very favorite team to win a game. So if you are not content with just putting him as the winner (moneyline bet), you opt for the “Handicap -4.5” on that same team. This means that, in addition to winning, that team needs to win by a difference of at least 5 points, since they started the match with this disadvantage.
What's the difference? The odds on moneyline bets would be quite low, as we are talking about a team that has clear favoritism to come out with the win. Putting a “challenge”, in this case, losing by -4.5 points, the team needs, in addition to triumphing, to take the difference in points.
In the end, it all comes down to picking a winner. However, we hope you understand that there are moneyline betting differences for the rest. Good luck.
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