How to Bet on the Moneyline?

The Moneyline is one of the most critical betting categories because it can have a huge impact on your overall winning percentage when placed correctly. There are certain simple guidelines that you need to follow in order to place winning Moneyline bets:

Never Pick A Team That You Believe Is Going To Win

This is probably the most important guideline in terms of betting on the Moneyline. The most common mistake that people make when it comes to betting is picking a team that they think is going to win based on outside information or simply because they want a specific team to lose. The problem with this is that you are likely to be disappointed if the opposite happens and you spent your hard-earned money on a losing bet. One of the worst things that you can do is to put money on a game that you think is rigged or fixed, only to have the bookie turn around and offer you a refund.

Keep To The Basics When Placing Bets On The Moneyline

There are numerous ways in which a bookie can make money off you, even when you are betting on the Moneyline. One of the most common ways is through a combination of bad lines and inflated odds. If you want to keep your money and not have to worry about odds being manipulated, it’s best to place your bets on the basics – the money line and over/under lines.

Use Common Sense When Placing Bets On The Moneyline

This guideline is pretty self-explanatory and almost everybody should know what it means by now. Common sense says that you should only bet on games that you understand, and that you should not bet on a game if you do not understand the rules or the format of the sport.

Avoid Going Over Your Bets

Many people place bets that they cannot afford and then have to ask their bookie for a loan because they are down large amounts of money. The best policy is to never go over your bets because if anything happens and you do, you will have to pay exorbitant fees and penalties. It’s far better to place a small bet and then wait to see if it wins or loses before placing more.

As you can see, there are several simple guidelines that you need to follow in order to place winning Moneyline bets. Make sure that you always bet on games that you know or are familiar with, and try to avoid going over your bets because you will eventually owe money and have to pay dearly for it. Good luck out there.