As a newcomer in sports betting, you can easily get overwhelmed by the number of markets offered by online sportsbooks like moneylines, totals, and handicaps. Moneyline is one of the simplest and straightforward bets that you can make as it lets you focus on one thing – the winner of the game. In this guide, we will tell you everything that you will need to know about moneyline betting and how it can help you get started in a stress-free way at AS128 Grand Online Sports Betting Singapore.
Moneyline Betting: The Basics
The odds in moneyline betting make it clear which team is the favorite to win which are the underdogs as well as shows you your potential return on your bet when you win. Meanwhile, understanding the odds is not enough for newbie punters, you also need to learn bankroll management for long-term success in this simple betting option.
The favorites is usually presented by negative moneyline odds, telling you how much you must bet to win $100 so if you will be staking $170 on -170 odds, you stand to earn a $100 profit. On the other hand, the underdog holds positive odds and shows you your potential profit on your $100 stake. Therefore, backing the underdogs on a +150 odds, your $100 stake amount can earn you a $150 profit when it wins.
How Is Moneyline Betting Exactly Work?
Even if you’re a complete newbie at Singapore football betting, you can easily understand and read the odds for moneyline bets.In moneyline betting, you have two options for betting – backing the favorite or backing the underdog – no more fussing about the margins of victory or point spreads.
Reading The Moneyline Odds On AS128 Grand
As we’ve mentioned earlier, the underdogs’ moneyline uses a positive sign while the favorites come with a negative sign. So, if you wagered $100 on Lakers at -150 odds and they win, then you’d receive a total of $150, including your original stake. If the Knicks win, you’d make a $140 profit plus your $100 bet when your bet at +140 odds and will receives a total of $240 payout. As simple as that, you can start betting on your favorite sports with moneyline, allowing you to kickstart your betting experience without having to deal with complexity.
Types Of Moneyline Betting
Top sports betting sites in Singapore may offer you different formats for moneyline betting, such as:
2-Way Moneylines
This is one of the most common and simplest types of moneyline whereas there are only 2 possible outcomes – either Team A wins or Team B Wins. Sports that usually offer these options are:
NBA Basketball
MLB Baseball
NHL Hockey
NFL football
3-Way Moneylines
Also called 1×2, this is usually offered in sports where a draw is most likely to happen in a match on sports like football. At AS128 Grand online Betting Singapore, you can place 3-way moneylines on top leagues such as EPL, La Liga, UEFA Champions League, and FIFA Club World Cup 2025.
Draw No Bet (DNB)
This type eliminates the loss on a draw, however, your potential profit is much lower than the 3-way market.
Best Sports For Moneyline Punters
Football/Soccer – Premier League, La Liga, World Cup, EURO, EUFA Champions League, and other top league usually feature a 3-way market.
NBA/NFL – Usually heavily favored teams offer safety but low returns for moneyline punters while the underdogs offer high payouts in upsets.
UFC/Boxing – In this sport, the underdogs usually win frequently.
MLB/NHL – Since this is a low-scoring sport, the odds offered for this game are much tighter.
AS128 Grand Top Tips For Moneyline Bettors
Always make it a habit to shop for line and compare odds across the sportsbook partner of AS128 Grand to find more value in a match.
Time your bets well – it is best that you place your bets on the favorite as soon as the bookies publish their lines or before the odds shorten. On the other hand, you can take advantage of betting on the underdogs later as the public money can influence and inflate their odds.
More importantly, you should not be risking more than 5% of your bankroll in one go, even if you feel that this is going to be a sure bet.
Start Small And Simple With AS128 Online Betting Singapore
For beginners, it’s ideal that you start on simple bets are you build your bankroll and improve your knowledge. And moneyline betting can help you with that as you don’t have to deal with the complexity offered by spread and handicap betting as well as save you from the high risks offered by parlay bets. Join AS128 Grand Singapore Online Betting and use our exclusive sign-up bonus.
FAQs:
Can I Bet On Draws In a 3-Way Market?
Yes, of course. In 3-way moneyline, you are not just betting on who will win the match but you also have the option to predict whether the games end in a draw.
Why Opt For Moneylines Than Point Spreads?
With moneylines, your only concern is guessing the match winner, and won’t have to deal with the margins.
Will The Odds Change After I Bet?
No, your odds lock once you place your bet, so even if the injuries and weather change may cause the lines to shift later, your odds won’t be affected.
