How To Bet Moneyline On BallyBet App

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An NFL moneyline bet is the most simplistic form of betting on an NFL market in sports betting.

Depending on the market, moneylines can have two or three outcomes, which is why you will find 2-way and 3-way moneylines for most NFL games.

Since the NFL is the most popular sport to bet on in the United States, it is only natural that the NFL moneyline wager is the most common amongst bet types pertaining to NFL markets.

Contrary to point spread betting, where you place a bet on a side to win or lose by a predetermined number of points, moneylines are not as complex.

When you bet on a moneyline, you must pick one side or another to win the game outright.

And if you bet on the right side and it wins, then you will cash your NFL moneyline ticket.

In this guide, NFL moneyline betting at Bally Bet Sportsbook will be explained.

Since all sportsbooks have different rules that could affect how they grade their bets, it is imperative that you know these differences before placing your next wager.

How To Place A Moneyline On Bally Bet Sportsbook

Placing a moneyline bet at Bally Bet is easy.

Once you do it, you won’t forget how. It is just like riding a bike.

However, before placing any type of wager at Bally Bet, you must first create a new account.

Find out how to create a new Bally Bet account while securing a generous welcome bonus below.

If you are ready to create a new Bally Bet account, visit the Bally Bet website or app. The app is available at both the iOS and Android app stores.

Now, begin the new user registration process. You may be asked for a promo code when you sign up.

You don’t need one to register.

From here, finish creating your new account and make your qualifying deposit to get your welcome bonus.

Placing An NFL Moneyline Bet At Bally Bet

  • Sign up for the Bally Bet account
  • Sign in to your new Bally Bet account
  • Navigate to the NFL section
  • Find the NFL moneyline
  • Click on it so it will land in your bet slip
  • Enter the exact amount you want to stake on the bet
  • Review your bet slip
  • Click on the “Submit Bet” button to complete the betting process

What Is A NFL Moneyline Bet?

When you see an NFL moneyline, you will find three different elements involved.

These include the favorite, the underdog, or in some cases, a pick’em, which is also referred to as an even money bet.

There are also three different outcomes involved with an NFL moneyline. You can either win your bet, lose your bet, or the bet can end up as a push.

To win your NFL moneyline, you need to pick the side you think will win the game straight up. If your selection is correct, you will win your bet.

When you see an NFL moneyline at Bally Bet, you will find odds connected to each side of the wager. These odds are set by the oddsmaker according to each side’s implied probability of winning.

Bally Bet’s NFL moneylines are standard 2-way markets. 2-way moneylines only have two ways you can place your bet.

With 2-way moneylines, the push rule is in effect if the game ends up ending in a tie.

Moreover, overtime will always be included in the result unless otherwise noted at the time you place your wager.

Below is an example of a 2-way NFL moneyline at Bally Bet:

  • Buffalo Bills (-310) at New York Giants (+255)

The Bills are the designated favorite in the example above since they have minus odds.

The Giants are the underdog since they have plus odds.

What Is 3 Way Moneyline In NFL?

When you bet on a 3-way NFL moneyline, you can bet on three different potential outcomes.

You can place a bet on either side to win or the game to end in a tie.

Similar to 2-way moneylines, there are also three different outcomes for 3-way markets. However, there is no push rule.

Depending on how you bet the game, you can either win or lose your wager.

If you bet on a team to win and the game ends in a tie, then your bet will lose since there is a tie-betting option, which is not the case with 2-way moneylines.

However, when you do, in fact, place your wager on the game to end in a tie, and it does, then your ticket will be graded as a winner.

When you find 3-way NFL moneylines for regular season games, then overtime will always be included in the result unless otherwise noted at the time you place your bet.

However, this differs for postseason markets since those games can not end in a tie and must produce an outright winner.

Your 3-way moneyline will be graded at the end of regulation for NFL postseason games.

What Does – / + Mean In Moneyline?

When you see -/+ symbols with moneyline bets, they will signify two different things.

While these symbols will show you which side is the betting favorite and which side is the underdog, these signs will also tell you the market prices for each team as well.

Minus odds are given to the favorite, and plus odds are granted to the underdog.

Here is how the -/+ symbols work using the Bills-Giants example from earlier.

Buffalo Bills (-310) at New York Giants (+255)

If you bet $100 on the Bills, your payout will be $131.25 if they win the game.

If you place that same $100 on the Giants and they win, then your payout will be $360.

What Does No Juice Mean In Moneyline?

Juice is also called the vig.

These terms detail the cut a sportsbook will get on every bet they get action for. You will also see this is called the house advantage in some circles.

You may sometimes find no juice moneylines. These can happen in two different ways.

The most common way to find a no-juice moneyline is when the oddsmakers believe that both teams have an equal shot at winning the game.

You may also find a no juice moneyline when sportsbook has a no juice moneyline special, which you will find advertised on their promotions page.

No juice moneylines are also called pick’em/ even money wagers.

Here is an example of a no juice moneyline:

  • Los Angeles Chargers (+100) at Los Angeles Rams (+100)

A no juice moneyline like the one above will produce an even money payout.

A $100 bet will have a $200 payout if it wins.

Does Moneyline Include Overtime Play?

Yes. Moneylines will include overtime play unless otherwise noted when you place your bet with 2-way markets for regular season NFL games.

However, with 3-way NFL moneylines, overtime rules will differ.

Since an NFL playoff game can not result in a tie and must produce an outright winner, these bets will not include overtime.

Instead, the bets will be graded at the end of the regulation play.

What Happens To Moneyline When NFL Game Ties?

When an NFL game ties, standard 2-way markets will be graded as a push, and your stake will be returned.

However, with 3-way markets, your bet will be graded differently.

When you bet on a 3-way moneyline, your bet will be graded as a winner if you placed your bet on the game to result in a tie and that is the exact outcome.

However, your bet will be graded as a loss if you placed your bet on either team to win and the game ends in a tie.

Moneyline Betting Rules At Bally Bet

When you place a moneyline bet at Bally Bet Sportsbook, you must pick the team you think will win the game outright.

If you are correct, then your moneyline bet will be deemed a winner.

With 2-way moneyline markets, overtime will be included in the result unless otherwise noted at the time you place your bet.

Moneyline Calculator

You will find that there are three primary uses for a moneyline calculator.

First, you can use this calculator to determine each side’s implied probability of winning the game using the preset odds determined by the bookmaker.

You may also use it to find out the potential payout on your bet if it wins.

Another use for a moneyline calculator is to change the odds from American to decimal or fractional, depending on your preference.

NFL Moneyline Betting Strategy

NFL moneyline bettors should go into every bet that they make with a plan.

Using a distinct strategy will help you become a more profitable sports bettor in the long run.

Below are some of the most successful betting strategies to help you cash more NFL moneyline betting tickets.

Follow Line Movements

When you follow line movements, you will run into value bets to make since all sportsbooks react to different line-moving factors in different ways and at different speeds.

If you catch a sportsbook sleeping, you can quickly place your bet at a greater price, which correlates to a higher payout if your bet wins.

Some factors you should be following that could cause a line to move will include recent news, injuries, public perception, and the weather.

Line Shopping

Unless you are line shopping, you will continue to tread water when sports betting.

When you line shop, you are shopping the same betting market at different sportsbooks, attempting to find a discrepancy in price.

These discrepancies correlate to value bets to make.

If you limit yourself to one sportsbook, you are at their mercy, which is why it is in your best interest to have multiple sportsbooks in your sports betting arsenal loaded with funds and ready to go.

If sportsbook A has a market at (-110) and sportsbook B has the same market at (+100), then place your bet at sportsbook B for that extra value.

Shy Away From Hefty Favorites

Sure, betting on huge favorites seems like a sure thing, but it isn’t always the smartest thing.

Since anything can happen in sports, there are no guarantees that your heavy favorite will actually win the game.

And when you place a $100 bet on the large favorite with (-2750) odds, you can drain your bankroll fairly rapidly.

A $100 bet on (-2750) odds will pay out $103.64, giving you a $3.64 profit if you win.

But if it loses, you are out $100. To protect yourself, include your big favorite in a parlay instead.

Read our in-depth guide for more tips on how to bet NFL games on Bally Bet Sportsbook.