Updated: Dec 13, 2022
Offer Pending | Claim $1,000 In Free Bets
This page contains references to products from one of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Affiliate Policy, visit this page.
Moneylines are the most basic form of sports betting.
And since the NFL is the most popular sport to bet on in the United States, it is only natural that the NFL moneyline is one of the most popular bets you can make during the NFL season.
Contrary to points spread betting, where you are betting on one team to win or lose by a predetermined number of points, moneyline betting is much more simplistic.
When you bet on a moneyline, all you are doing to picking which side you think will win the game outright.
If you are right and the team you bet on wins the game, then your moneyline betting ticket will be deemed a winner.
With NFL markets, there are two types of moneylines. You will find 2-way and 3-way moneyline options.
In this guide, NFL moneyline betting at Barstool Sportsbook will be detailed with the hopes of making you a more successful sports bettor in the long run.
How To Place A Moneyline On Barstool Sportsbook
You can’t place a moneyline bet on Barstool Sportsbook without signing up for a new account first.
If you like free money, then you should read on.
Below, you will find out how to create a new Barstool Sportsbook account while activating their new user sign-up bonus at the same time.
If you are ready to register for a new Barstool Sportsbook account, then there are two ways to do so.
The first thing you need to do is visit Barstool Sportsbook on their webpage or mobile app.
The Barstool mobile app can be found in iOS and Android stores.
Once you get to Barstool Sportsbook, begin the new user registration process. During this process, you will be prompted to enter a promo code.
Enter the code BESTODDS here.
Upon entering this code, you will activate your new user welcome bonus.
Finish registering for your new account and make your qualifying deposit to fully secure the deal.
You can also bypass entering a code by clicking on the direct sign-up link on this page.
Doing so will redirect you to the Barstool Sportsbook registration page, where your welcome bonus will automatically activate.
Placing An NFL Moneyline Bet At Barstool Sportsbook
- Open a new account at Barstool
- Log in to your new account
- Find the NFL betting section and click on it
- Find the NFL moneyline bet you want to make
- Click on it so it will appear in your bet slip
- Enter the exact amount you want to stake on this bet
- Review your bet slip
- Click on the “Submit Bet” button to finish the betting process
What Is A NFL Moneyline Bet?
There are three components involved with an NFL moneyline bet.
There is the favorite, the underdog, and the pick’em option in some cases. Pick’ems are also called even money wagers in some regions.
You will also find that there are three different potential outcomes involved with NFL moneyline bets. You can win, lose or push.
To win an NFL moneyline bet, simply pick the side of the bet you think will win the game outright. If you are right, your NFL moneyline betting ticket will be graded as successful.
When you see an NFL moneyline, odds are attached to either side of the wager. These odds are set by the bookmaker according to each side’s implied probability of winning.
At Barstool Sportsbook, you will find that NFL moneylines are standard 2-way markets where overtime will be included in the result and the push rule in case the game ends in a tie.
The push rule and overtime will be standard practice unless otherwise stated when you place your bet.
Below you will find an example of a 2-way NFL moneyline at Barstool Sportsbook:
- Philadelphia Eagles (-210) at Minnesota Vikings (+175)
The Eagles are the betting favorite in the example above since they have minus odds.
Meanwhile, the Vikings are the underdog since they have plus odds.
What Is 3 Way Moneyline In NFL?
There are three potential outcomes that you can bet on with 3-way moneylines, contrary to 2-way markets where there are only two possible outcomes to bet on.
With 3-way moneylines, you can bet on either side to win the game outright. But you can also bet on the game to end in a tie.
Also, similar to 2-way moneylines, three potential outcomes can occur with 3-way markets. However, there is no push rule with 3-way moneylines.
Your bet won’t be graded as a push if a game ends in a tie. Instead, your bet will be settled depending on what potential outcome you bet on.
If you bet on either side to win and the game ends in a tie, then your bet will be settled as a loss. However, if you bet on the game to end in a tie and a tie is the exact outcome, then your bet will be graded as a winner.
For NFL regular season games, the overtime rule will be in effect for 3-way moneylines, which means overtime will be included in the result.
However, this will differ when it comes to NFL postseason games.
Since NFL postseason games can not end in a tie and must produce an outright winner, these 3-way moneylines will be settled at the end of regulation play.
What Does – / + Mean In Moneyline?
When you see -/+ signs in sports betting, you can determine two different things.
Although these symbols will let you know which side is the betting favorite and which side is the underdog, these signs will also show you the market price for each side of the bet as well.
The betting favorite will have minus odds attached to it, while the underdog will hold plus odds.
Using the Eagles-Vikings odds from above, here is an example of how the -/+ symbols work in NFL moneyline betting:
- Philadelphia Eagles (-210) at Minnesota Vikings (+175)
When you stake $100 on the Eagles at -210 odds, then your payout will be $174.62 if they win.
However, if you bet $100 on the underdog Vikings at +175odds, then your payout will be $275 if they pull off the upset.
What Does No Juice Mean In Moneyline?
In sports betting circles, the juice is another name for vig.
The juice is the cut a sportsbook takes on every bet they take action for. This will also be called the house advantage in some regions.
You will see no juice moneylines on two different occasions.
While you will see these when the oddsmaker determines that both sides of a bet have an equal shot at winning, you will also find no juice moneylines connected to a promo at your favorite sportsbook.
To find a no juice moneyline special at Barstool Sportsbook, visit its promotions page.
No juice moneylines are also called pick’em bets or even money wagers. Here is an example of one below:
- Pittsburgh Steelers (+100) at Cincinnati Bengals (+100)
If you place a bet on a no juice moneyline, then an even money payout should be expected.
With no juice moneylines, a $100 stake will award you with a $200 payout if your wager is successful.
Does Moneyline Include Overtime Play?
Yes. With 2-way moneylines, overtime play will be included in the result unless stated otherwise at the time that you place your bet.
However, the overtime rule will differ when it comes to 3-way moneylines.
For 3-way markets, overtime will not be included in the result with NFL postseason games since these events can not end in a tie and must produce an outright winner.
Instead, these wagers will be graded at the end of regulation play.
What Happens To Moneyline When NFL Game Ties?
If an NFL game ends in a tie, the push rule will come into play, and your bet’s stake will be refunded for 2-way moneyline markets.
However, with 3-way moneylines, your bet will be graded differently.
Depending on the potential outcome you placed your bet on, your bet can be graded as a winner if you bet on the game to end in a tie, and a tie is the exact result of a game.
However, if you place your bet on any other outcome outside of a tie and the game ends in a tie, then your bet will be deemed a loss.
Moneyline Betting Rules At Barstool Sportsbook
When you bet on a moneyline at Barstool Sportsbook, you are betting on a team to win their game outright over their opponent.
There are no points involved or spreads to cover. Instead, all you need to do to cash your NFL moneyline betting ticket is place your wager on the team you believe will win the game outright.
And if you are right, and the team you bet on wins, then your bet will be successful.
At Barstool Sportsbook, overtime will always be included in the result unless otherwise stated when you place your bet.
What’s more, in the event of a tie, there will also be a push rule in effect for 2-way markets.
Moneyline calculators are a terrific tool for sports bettors that have numerous uses.
While you can use these calculators to change the odds format from American to decimal or fractional, you can also use them to determine your potential payout on a wager that you want to make.
A moneyline calculator can also be used to determine the implied probability of winning on both sides of a wager using the odds given by the sportsbook.
NFL Moneyline Betting Strategy
To become a more profitable sports bettor long term, an actionable sports betting strategy should be in place for every bet that you make.
Below, you will find some of the pros’ most successful sports betting strategies that you can utilize when placing bets.
Betting On Heavy Favorites Can Be A Trap
Beware of betting on heavy favorites.
While these bets look like a sure thing, that is far from the case since nothing is truly a lock in sports betting.
Although you can also chip away at profit by placing bets and winning bets on -500 moneylines, one loss can take all of your gains away in one fell swoop.
For example, a $100 bet on a -500 moneyline will award you with a $120 payout, netting you a $20 profit.
However, if the -500 favorite is upset and handed a loss, then that loss will cost you $100 and wipe away five winning -500 bets.
The best way to take advantage of a heavy favorite while limiting the risk to you is by including that bet as a leg in a 2 or 3-leg parlay.
Always Be Line Shopping
Successful sports bettors will take the time and exercise the line shopping technique.
When you line shop, you are shopping the same betting market at numerous competitive sportsbooks looking for the best price.
And when you find the best price, place that bet with that operator.
For example, if Sportsbook A has a market at -130 odds and Sportsbook C has the same market at -105, then it would be wise to place your bet at Sportsbook C.
Otherwise, you will be leaving money on the table. Those minuscule profits will really add up in the long run,
Take Advantage Of Welcome Bonuses
When you are line-shopping and looking for value bets to make, you will expose yourself to new sportsbooks.
New sportsbooks equate to new user welcome bonuses to take advantage of, which translates to free money.
If you are line-shopping and find the best price at an operator you are not yet signed up with, don’t settle on a bad bet.
Sign up with the new sportsbook, get the best bet on the market you are looking for, and secure a new user welcome bonus all at the same time.
You can sometimes double your bankroll with bonus funds all in one shot. Sowhywouldnt you take advantage of these offers?
It would be silly not to.
Read our in-depth guide for more tips on how to bet NFL games on Barstool Sportsbook.