Football Moneyline: What it Means for Your Betting Strategy

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Moneyline bets are the simplest and most popular football wagers. Often, football moneyline odds are available before other markets and most operators list them on top of a match-specific page. The aim is to predict which team will win an upcoming game and bet with the given odds.

While money-line bets are straightforward, punters need to understand the implied odds and develop an effective betting strategy to nudge the odds in their favor. This article explains moneyline bets in football, potential betting strategies, and more.

How does moneyline betting work in football?

Football moneyline bets involve picking which team will win the game. It’s the simplest wager in football betting and is a great entry point for beginners in online football betting. For instance, a moneyline bet in the English Premier League can back Arsenal against Manchester United. You will need Arsenal to defeat Manchester United to win this moneyline bet.

Unlike the standard totals and spread betting markets, you can get very short or long moneyline odds. When you have a dominant EPL team going against a team in the relegation zone, the favorite will have very short odds while the underdog features sizeable payouts.

Moneyline vs Spread Betting in Football

The main distinction between moneyline and spread betting is how you predict and win your bets. Betting against the spread involves wagering in the margin of victory, but backing the winning side doesn’t necessarily mean winning your bets. That makes moneyline bets easier to wager and follow for rookie punters since you only need to pick a winner.

Moneyline betting strategies

Having an effective strategy is crucial for your success when placing money-line bets on popular football leagues. The bet might be simple to understand and you can check Cheeky Punter’s evaluations or predictions of popular games, but you need to consider several factors before betting. Here are several money-line football betting strategies to keep in mind:

Long Underdog Odds

Underdogs can have some seriously lengthy odds on the money-line. That gives you the chance to make significant returns if you pick the right underdog. Of course, betting on the underdog presents a significant risk, but football can be unpredictable and even the underdog can defeat a title defender.

Research the bookies

Like any betting market, researching odds on different bookmakers is critical in identifying undervalued teams on the moneyline. The process is much easier using odds comparison tools, helping you maximize the profitability of your bets.  

Parlay with favorites

Football punters should approach parlays cautiously. The long odds might lure you in, but betting on too many parlays or accumulators increases the risk of losing. However, it might be reasonable in some cases when you need to combine several picks to boost the odds.

Follow late roster news

Moneyline odds can change significantly as the game draws near. For instance, the absence of Diogo Jota, Cody Gakpo, or Mohammed Salah can swing Liverpool’s price against Manchester City in the EPL. As such, bettors must keep their ears on the ground to stay updated on roster news and check social media platforms for the latest updates.

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