Most betting fans will automatically associate the word “Moneyline” with horse racing, as this is the most conventional way of laying bets. However, this is certainly not the case, as moneyline betting has existed since the 1800s when it was first used in football. It was originally applied as an oddsmaking tool before being adopted as a way of structuring wagers on football games. Due to the increased popularity of esports betting over the past few years, footballers have started to adopt this same approach, using popular esports titles as their basis for betting markets.
History Of Moneyline In Football
Futurist Football Club was one of the first teams to fully embrace a moneyline betting structure in their wagers, using Real Madrid and Barcelona as their basis for betting on matches featuring those teams. They initially used this approach to lay evens or shorts on the game, but as the 19th century progressed, they started using it as a way of generating additional revenue. This was most likely due to the fact that the odds on these games were changing frequently and it was difficult to keep up with them all, especially as they were often based on arcane numerology rather than on whether or not a real footballing match was going to take place that day.
Odds & Value In Football
Another important thing to consider about moneyline betting is the fact that the odds are always expressed in relation to the money (or stake) placed on the particular game. For example, if you’re betting £10 on a football game and the moneyline is 3-1 in favor of your team, this means that the best price available for a win is 3-1, while a loss is also worth just 1-3.
In general, the higher the stakes are on a game, the more expensive the odds are going to be. For instance, a £25 stake on a game involving Real Madrid is going to cost you a lot more than a £10 stake on an undercard game. The same goes for a £50 stake vs. a £20 stake, or a £100 stake vs. a £40 stake.
The Spread
To make a correct profit from any bet, you need to consider looking at the spread between the two teams. In the example above, the spread is 4 goals, which means there’s a great chance that the game is going to end up a victory for the team placed at the higher end of the spread. For instance, if you’re betting on a game with an even score and it ends up 2-2 after 90 minutes, your profits will be maximized if you stake £20 on the underdog and make a £40 profit (assuming they win).
Market
There are a lot of variables that can influence the price of a football match, which is why it’s important to consider all of them before making a wager. If you’re placing a bet on a game you’ve never seen played before, you should do your research online before laying down your stake. This is especially important if you’re placing a large wager as a novice bettor inexperienced in football betting might easily lose large sums of money. One of the best things you can do if you’re new to betting is read our Football Betting Guide, which will give you an idea of how to approach betting on football, and how to lay and ride football matches effectively.
Risk
The final factor worth considering when it comes to football betting is the risk involved in each proposition. While the spread and the game score between the two teams are obvious points of risk, you can also lose money betting on individual goals, as there’s always the chance that a player might miss a penalty or a shot goes in. These are the types of risks you need to be aware of before placing a bet.
As always, if you follow these simple guidelines, you’re sure to have a more effective and profitable experience when betting on football.