Updated: Dec 13, 2022
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NFL Moneyline betting is the most basic form of wagering on an NFL market.
All an NFL bettor needs to do is pick the side they believe will win the game outright.
Contrary to point spread betting, you do not need to worry about the side they choose winning or losing a matchup by a predetermined number of points, which could complicate things for new bettors.
With so many sportsbooks to choose from, bettors must be aware of the rules of each operator.
This is because while a standard moneyline bet is cut and dry, each sportsbook could have its own wrinkles with how they grade each wager.
In this guide, NFL Moneyline betting at BetRivers Sportsbook will be discussed, including rules and examples to help you become a more profitable sports bettor in the long run.
How To Place A Moneyline On BetRivers
You can place a moneyline bet at BetRivers Sportsbook easily in just a few steps that will be detailed below.
However, please keep in mind that before you can place a moneyline wager at BetRivers, you must first join their sportsbook. You can do so in two different ways.
First, you can visit BetRivers Sportsbook on the web or their mobile app, which is available on iOS and Android devices.
When you sign up, you will be asked to enter a promo code. Here, you will enter the code “BESTODDS.”
Using this code will activate your new user welcome offer.
In lieu of a promo code, you can also click on the “Play Now” button on this page, which will redirect you to BetRivers Sportsbook to begin the registration process and lock in your welcome bonus.
Placing A Moneyline Bet On BetRivers
- Sign in to your new account
- Click on the NFL tab
- Find the NFL market you want to bet on and click on it
- When the bet you want to make appears in your bet slip, enter the amount you want to stake
- Review your bet slip and make sure everything is as you want it
- Hit the “Submit Bet” button to lock in your wager
What Is A NFL Moneyline Bet?
An NFL moneyline bet is simple.
All you have to do is pick the side that you think will win the game straight up.
Moneyline bets will normally be shown in the American Odds format with a plus and minus sign.
These odds are set by the bookmakers according to the implied probability of a side winning the game.
The team who is the favorite will have minus odds while the underdog will have plus odds.
For example, if the Dallas Cowboys are a home favorite against the Washington Commanders, you may see odds like this:
- Cowboys (-167) versus Commanders (+143)
What Is 3 Way Moneyline In NFL?
A 3-way moneyline in NFL betting has three betting options.
Win, lose and tie. Normally, NFL moneylines are 2-ways and only have win or loss options.
While 3-way moneylines are the most popular in hockey and soccer, you will also find them for NFL markets at select sportsbooks since regular-season NFL games can end in a tie.
What Does – / + Mean In Moneyline?
When you see the -/+ symbols in a moneyline bet, they will designate the favorites and underdogs as well as their price.
For example, if the 49ers (-286) are playing the Bears (+230), the 49ers are the heavy favorites in this scenario.
If you bet $100 on the 49ers to win, you will get a payout of $135. If you wager $100 on the Bears to win, you will get a $330 payout.
What Does No Juice Mean In Moneyline?
Juice is a term in sports betting that may also be called the vig.
The juice at a sportsbook is the house’s edge as well as the cut the operator takes on every bet.
If there is no juice on a moneyline bet, you are getting even money for your wager.
There are two ways to find no juice moneylines. You can either find a sportsbook with a no juice special.
Or, the oddsmaker believes the two teams playing both have an equal shot at winning the game.
No juice odds are designated at (+100) on both sides.
For example, if the Miami Dolphins are playing the New York Jets, a no-juice moneyline will look like this:
- Dolphins (+100) versus Jets (+100)
Here, a $100 bet would return a $200 payout no matter what side you pick as long as the side you chose wins.
Does Moneyline Include Overtime Play?
Yes. Standard 2-way and 3-way NFL moneyline best will include overtime play for regular season markets.
However, in the playoffs, overtime will not be included with these bets since NFL games can not end in a tie in the postseason.
What Happens To Moneyline When NFL Game Ties?
If an NFL game ends up in a tie, your 2-way moneyline bet will be graded as a push, and you will get your stake back.
However, 3-way moneylines present a different case altogether. With 3-way moneylines, your bet will be graded as a win if you bet on the tie option.
If you bet on one of the remaining two results, it will be graded as a loss.
NFL Moneyline Betting Rules At BetRivers
NFL moneyline betting rules at BetRivers are simple and straightforward.
To win your bet, you must pick the team you think will win the game outright. These bets will include overtime.
If your moneyline wager at BetRivers ends up in a tie, then you will get your initial stake back.
When you use a moneyline calculator, you can enter an odds value so you can see what the potential payout will be.
You can also use a moneyline calculator to convert American odds into other formats like fractional or decimal.
Moneyline calculators are also used to break down a team’s implied probability of winning the game.
NFL Moneyline Betting Strategy
There are several NFL moneyline betting strategies that you can use to become a more profitable sports bettor in the long run.
Below, you will find some of the top strategies used to attack NFL moneyline bets.
While betting on an NFL underdog is attractive due to the potential payout if they win, not every underdog has value built into the price.
The best NFL underdogs to bet on are usually the games where the home team is the underdog. Home teams have packed in value with less risk.
Betting On Heavy Favorites
Although heavy favorites may look like an easy win, this is a buyer’s beware situation.
The bigger the minus odds, the more money you have to stake to garner a respectable payout.
For example, if you bet on a team holding (-385) odds, you will only get a $126 payout if your team wins.
Essentially, you are risking $100 to win $26. Is it really worth it? Heavy favorites can rapidly drain your bankroll when upsets happen. And in the NFL, upsets happen often.
Whether a new bettor or an experienced veteran, you should have multiple sports betting accounts to practice the art of line shopping.
When you are line shopping between sportsbooks, you are shopping for the best price on your bet, which correlates to a larger profit if your bet hits.
Read our in-depth guide for more tips on how to bet NFL games on BetRivers Sportsbook.