Which Sports Betting Site Offers the Best Moneyline Odds?
There are hundreds of online betting sites where Arabs can bet on their favorite sports. However, not all provide the best or most competitive odds. Some sites with competitive moneyline odds for sports betting are RoosterBet and SultanBet.
These sites offer reasonable sports bonuses and promotions, allowing Arab bettors to place bets on sports without using their money. RoosterBet and SultanBet offer competitive moneyline odds for sports like football, horse racing, cricket, camel racing, and ice hockey. Other sports betting sites with reasonable moneyline odds are:
- Betfinal
- Emirbet
- bet
- 10Bet
- 22Bet
- 1XBet
What are the Odds Formats for Moneyline Bets?
What does moneyline mean in sports betting is a common question. Most sports betting enthusiasts, especially beginners, do not understand how the odds formats for moneyline bets work. Let’s have an overview of the odds formats. After that, I will give you some examples so you understand moneyline bets and odds formats.
| Odds Format | How Does it Work? |
| American Odds | Positive/negative numbers (e.g., +150, -200) |
| Decimal Odds | Single decimal number (e.g., 2.50) |
| Fractional Odds | Fractions (e.g., 5/2, 3/1) |
American Odds
American odds are a format used in the United States. These odds express a wager’s potential profit and risk. American odds are either positive or negative. Positive odds mean the money you may win on a $100 bet. Negative odds mean the amount you must bet to win $100. Let me give you an example of horse racing.
You want to bet on a horse with odds of 5 to 1. Here, 5 represents the profit if you win. On the other hand, 1 means the amount you must risk (in units). So, if you bet $1 on the horse and it wins, you will receive $5 in profit. Similarly, you will get your original $1 back.
Likewise, if you bet $100 on the same horse, you will have $500 plus your initial $100 stake. Remember, odds do not reflect a horse’s probability of winning. Odds express the public sentiment and the betting pool dynamics.
Decimal Odds
Decimal odds are also called European odds. These represent the potential payout for your wagered money. These odds are famous in European countries. For example, if you are a football betting enthusiast, and there is a match between England and France, the betting site may offer the following moneyline odds:
- England: +585
- France: -760
So, this means England has +585 odds, and the bookmaker has assigned a lower probability of winning the game. So, if you bet $100 on England, you will potentially win $585. On the other hand, if England pulls off the upset, you will get your initial $100 and $585. Therefore, this will result in a total payout of $685.
Fractional Odds
Fractional odds are popular among cricket betting enthusiasts. These odds represent the potential profit relative to the stake. Bookmakers represent these odds as 5/1 or 7/2. For example, if you see odds of 5/1, it means for every $1 wager, you will win $5 and your original stake. Let’s say there is a match between India and Pakistan. The betting site offers fractional odds for Pakistan to win at 5/1. If you bet $20 on Pakistan, your potential profit will be:
$20 x 5 = $100
The total payout, including your stake, is:
$20 + $100 = $120
Pros and Cons of Moneyline in Sports Betting
Now that you have understood what does moneyline mean in sports betting, here is an overview of the pros and cons.
| Pros | Cons |
| Easy to understand. | Smaller potential winnings. |
| No point spreads. | Heavy favorites yield low returns. |
| High payouts for underdogs. | Underdogs can surprise. |
| Only need the winner. | Less strategic depth. |
| Works for any sport | Bookmaker’s cut. |
Tips for Moneyline in Sports Betting
Whether you are an experienced or beginner bettor, you must focus on the following insights to make more informed bets:
Selection is Important
Like Real Estate is all about “location, location, and location,” moneyline is about “selection, selection, and selection.”
Therefore, choosing the right teams or players to bet on is important. Focus on recent performances, team dynamics, injuries, and historical matchups. Do not follow the crowd mindlessly. Perform thorough research and always trust your judgment.
Long-Term Approach
Moneyline betting will not make you rich because it is a long-term approach. While individual wins and losses play an important role, I recommend focusing on the overall strategy. Discipline and consistency pay off over time. Think about the bigger picture, and don’t chase short-term gains.
Favorites are Not Always the Sure Thing
Although favorites are most likely to win, this does not mean you must always bet on them. Sometimes, favorites have lower odds, meaning you may not win much. Likewise, some favorites, particularly in tennis betting, are overhyped. Therefore, you must select teams or players after analyzing everything.
Consider the Sport
Different sports have varying dynamics. For example, starting pitchers play an important role in baseball. Therefore, you must research their recent form and matchups. Similarly, draws are common in soccer. So, you must understand the three-way moneylines (win, lose, or draw) and how they affect your bets.
Assess Value
Value betting lets you find odds. These odds are better than the actual likelihood of an outcome. I recommend looking for discrepancies between your assessment and the sports betting site’s odds. Let me give you an example:
There is a match between the Dallas Mavericks and the Boston Celtics. The moneyline odds are +205 for the Dallas Mavericks and -250 for Boston Celtics. A +205 moneyline means a $100 bet on the Mavericks will win you $205 if they pull off the upset.
On the other hand, a -250 moneyline means you would need to bet $250 to win $100 if you bet on the favored Celtics. So, understanding the odds and evaluating value is important for successful moneyline betting.
