Consider specific match upsĪnother important consideration is to look beyond not only the popularity of a team but also the quality of a team. In this circumstance, betting on the other side would be a valuable and smart moneyline betting opportunity. Often in these situations, the public will back the popular team (regardless of them being not favored). On the flip side, a game that involves a popular team (say, the Patriots) as the underdog is also a great moneyline betting opportunity. ![]() Doing your research and checking the moneyline market will help you assess the best option for an undervalued favorite. Neither of these teams is high profile enough to avoid moneyline betting. Say the Detroit Lions are scheduled to play the Indianapolis Colts. High-profile games in the NFL attract a lot of betting interest and often the odds and subsequent payouts reflect that. To find an undervalued favorite, you also need to look at less higher-profile games. In moneyline betting, an undervalued favorite is one of the best strategies for success. ![]() One of the best opportunities to bet on a favorite is when you think a sportsbook has undervalued them use a BetMGM bonus code to have some extra cash to try for yourself. It’s just important to recognize the right opportunities. This doesn’t mean that it’s never worthwhile to bet on favorites. Though moneyline betting often has low return rates for favored teams and athletes, the real value in moneyline betting comes from the underdogs. Though a lot of bettors prefer betting on other markets, there are some great incentives to moneyline betting. No matter the money bet on either moneyline outcome, it would have been returned in full. Prior to the game, according to Caesar’s Sportsbook, the moneyline odds were -250 Steelers and +205 Lions. This type of result can occur in the NFL, as it did in the ’21-’22 season between the Detroit Lions and Pittsburgh Steelers when they went to overtime and the game ended 16-16. This type of result is also referred to as a “push” in the sports betting community. When the outcome of a game is a draw or tie, but neither of those options were provided as a moneyline bet then the full amount of the bet will be returned.
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