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How To Bet Moneyline On SugarHouse App

Lukasz

Updated: Aug 8, 2023

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When you bet on an NFL moneyline, you are betting on a side to win a game straight up.

In sports like tennis, you can make a moneyline bet on an individual player since there are no teams.

While in points spread betting, you are wagering on a side to win or lose a game by a predetermined number of points, there are no points involved with moneylines.

Whether the team you bet on wins by one or 20 points, you will win your moneyline bet either way.

Since the NFL is the most popular sport to bet on in the United States, it makes sense that the NFL moneyline is the core of sports betting in this region.

In this guide, NFL moneyline betting at SugarHouse Sportsbook will be dissected.

Because all sportsbooks have different rules which affect how bets are graded, it would be in your best interest to know the rules of every sportsbook you bet with.

This guide will help.

How To Bet Moneyline On SugarHouse Sportsbook

While placing a moneyline bet at SugarHouse Sportsbook is easy, there is one important hurdle to conquer before you do so.

You must first create a new account before you make any type of bet.

And when you make a new account, you can take advantage of SugarHouse’s generous new user welcome bonus. Find out how to do both below.

If you want to register for a new SugarHouse Sportsbook account, you must first visit the website or mobile app.

The SugarHouse Sportsbook app is available for both Apple and Android devices. Now that you are there, begin creating your new account and during the process, you will be asked to enter a promo code.

Use the code BESTODDS. Using this code will activate your welcome bonus.

So be sure to finish setting up your new account and make your first-time deposit so you can claim the bonus.

To bypass entering a code, all you have to do is click the “Bet Now” button on this page.

Doing so will automatically activate the promo code while taking you to SugarHouse to register for a new account.

Placing An NFL Moneyline Bet At SugarHouse

  • Log on to your new SugarHouse account
  • Search for the NFL tab and click on it
  • Find the NFL Moneyline you want to bet on
  • Click on it so it will go into your bet slip
  • Enter the amount to want to wager
  • Click the “Submit Bet” button to lock in your bet after you have reviewed your bet slip

What Is A NFL Moneyline Bet?

An NFL moneyline bet is the most basic way you can wager on NFL football.

All you have to do is place a bet on the side you think will win the game. And if you are correct, your NFL moneyline bet will be graded as a winner.

With moneyline bets, there are no points or spreads to cover like with spread betting. Moneylines are much more simple and more straightforward.

There are three ways SugarHouse will grade your bet at the conclusion of a game. Win, lose, or push.

When you see an NFL moneyline, you will find odds associated with either side of the bet. These odds are determined by the oddsmaker according to either side’s implied probability of winning.

The standard moneyline bet at SugarHouse is a 2-way market. With these, the push rule will come into effect if the game ends in a tie.

Overtime will also be included in the result unless otherwise disclosed at the time you place your wager.

Here is an example of a 2-way moneyline at SugarHouse:

  • Pittsburgh Steelers (-185) at Baltimore Ravens (+135)

In the example above, the Steelers (-185) are the favorites to win while the Ravens (+135) are the underdog.

What Is 3 Way Moneyline In NFL?

While 3-way moneylines are the most common in sports like soccer and hockey, where ties are fluid, these markets will also be found with NFL betting despite the fact that ties happen, just not very often.

In 2-way markets, there are only two betting options. However, with 3-way moneylines, the bettor can choose either team to win or the game to end in a tie.

With 3-way NFL moneylines, the push rule is void since you can bet on the game to end in a tie.

And if a game does end in a tie and that is what you bet on, then your ticket will be graded as a winner. However, when you bet on any other option, your wager will be deemed a loss.

3-way moneylines for regular season NFL games will include overtime unless otherwise disclosed.

However, this differs with playoff markets since these games must have a distinct winner. 3-way moneylines for NFL playoff games are graded at the end of regulation.

What Does – / + Mean In Moneyline?

When you see -/+ signs in sports betting, you can determine two factors.

For one, these symbols will tell you the market price of each side of the bet. These signs will also tell you who the favorite and who the underdog is.

The favorite will have minus odds while the underdog will have plus odds.

Below you will see an example of how these symbols and odds work using the Steelers-Ravens example from earlier:

  • Pittsburgh Steelers (-185) at Baltimore Ravens (+135)

If you bet $100 on the Steelers, you will get a $154.05 return if they win.

But when you bet that same amount on the Ravens, you will get a $235 payout if they win the matchup.

What Does No Juice Mean In Moneyline?

The term juice in sports betting is another way to describe the vig.

These terms represent the amount of money the operator takes on every bet they have action for. This is also referred to as the house advantage.

When an oddsmaker believes both sides of a wager have an equal chance at winning, you will find no juice odds.

You can also find no juice odds as a promo or odds boost which can be found on the SugarHouse Sportsbook promotions page.

A no-juice moneyline will look like this:

  • Los Angeles Rams (+100) at New York Giants (+100)

You will get an even money payout when you bet on a no-juice moneyline.

Therefore, a $100 bet will award you a $200 payout if your bet is graded as a winner.

Does Moneyline Include Overtime Play?

Yes. With 2-way moneylines, overtime is included for NFL regular season games unless noted otherwise at the time you place your bet.

However, the rules will change with 3-way moneylines.

Since NFL postseason games can not result in a tie, these 3-way moneylines will be graded at the end of regulation time.

What Happens To Moneyline When NFL Game Ties?

When a regular season NFL game results in a tied outcome, the push rule will come into play for 2-way markets.

However, for 3-way markets, the rules will differ.

When you bet on either side to win and the game ends in a tie, your bet will be deemed a loss.

But if you bet on the tie option and a tie is the exact outcome of the game, then you have a winning bet.

Moneyline Betting Rules At SugarHouse

At SugarHouse Sportsbook, moneyline betting rules are easy to understand.

To win your bet, simply pick the side you think will win the game outright and if you are correct, you win your bet.

How easy is that?

For standard 2-way moneylines, overtime will be included in the result as will the push rule unless otherwise stated at the time you place your wager.

Moneyline Calculator

When you use a moneyline calculator in sports betting, you will see that it has multiple uses.

While you can use it to determine your potential payout using the odds set by the bookmaker, you can also use the calculator to determine the implied probability of winning for both sides.

Lastly, you may use a moneyline calculator to change the odds format from American to decimal or fractional.

NFL Moneyline Betting Strategy

If you want to grow your bankroll by making NFL moneyline bets in the long run, then you should be using specific betting strategies to put yourself in the best position to cash more tickets.

Take Advantage Of Bonuses & Promos

A fast and easy way to grow your bankroll is by taking advantage of all the bonuses and promos sportsbooks put out there for new and existing users.

For example, you can use a $1,000 risk-free bet welcome offer to quickly double your bankroll if your bet wins.

However, if you max the promo out by placing a $1,000 bet on an NFL moneyline and you lose, your stake is refunded in free bets or bonus funds.

Use these bonuses to take moon shots and try to break the book out of the gate.

Understand Line Movements

There are many factors that will cause a line to move.

These factors include weather conditions, recent news, injuries, suspensions, and public betting. When lines move, you can find value if you act fast.

While sportsbooks are fast, you can find discrepancies when you are line shopping since there always seems to be one operator reacting late.

Use this to your advantage and place your bet there and if it wins, you will benefit with a larger payout than initially expected.

Don’t Chase Heavy Favorites

Although heavy favorites seem like a sure thing, they are far from it, especially in the NFL.

So when you see a heavy favorite, it would be in your best interest to use it as a leg in a parlay to lower the overall risk.

For example, if you want to make a $100 bet on a market with (-550) odds, your payout will only be $118.18.

You are risking $100 for a profit of $18.18. If that “favorite” loses, you’re down $100. You may win a few, but once that loss comes, all of your profits can be swept away in one shot.

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

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