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How to Moneyline Bet at Superbook | Complete Guide

ByPat Pickens

Nov 16, 2022

Moneyline betting is the easiest way to wager on sports.

People have been unwittingly placing moneyline bets for centuries — since as long as sports have been competed — and with the rise of legal online sportsbooks it has never been easier to make a moneyline bet in the United States than right now.

Superbook, an online sportsbook since 2021, is a terrific option for bettors interested in placing moneyline wagers if you are in a state where the sportsbook and practice are operational. The Superbook Online Sportsbook is an extension of legendary Las Vegas-based brick-and-mortar that operates out of the Westgate Casino in Nevada’s most populous city.

If you’ve heard of Superbook, or live in one of the states in which it operates, and have considered placing moneyline bets with the sportsbook but haven’t, don’t fret. We’re here to help.

Here’s a guide to betting moneylines at Superbook.

How to Do Moneyline Bets on Superbook

Betting moneylines on the Superbook Online Sportsbook is a cinch. Here’s how you do so.

Step 1: Create an Account or Sign In

Sign up for an account with Superbook if you don’t have one already. Click through our custom link on the Superbook review page “Get Bonus," and sign up. Remember to use any necessary promo codes and that all sensitive information is secure and only used to affirm your identity.

Step 2: Deposit

Depositing is just like buying something from your favorite retailer. Simply use your preferred method, keeping in mind that credit-card deposits carry a cash-advance fee and Superbook does not allow credit-card withdrawals. Deposit via online banking, an ACH or e-wallet like PayPal in order to be eligible for a digital withdrawal.

Step 3: Find Moneyline Wager to Bet

Consult the Superbook app or website and find the bet you wish to place. Superbook offers moneyline odds for games and events on every continent in which they’re played, so if you’re interested in placing a moneyline bet on a game anywhere in the world it is at your fingertips.

Step 4: Place Your Bet

Enter the amount you wish to wager, tap place bet, and root for it to hit!

Enter the amount you wish to wager, tap place bet.

What Does Moneyline Mean on Superbook?

The term moneyline is just a complex way of saying which team will win. There are moneyline odds available for all games in team sports and individual matches in North America, plus many others for games played around the world.

Unlike other types of wagers, there are no over/under to hit or spreads for a team to cover. The final score could be 1-0, 3-0, 47-0 or 100-99. If the team you wager on wins, you win.

Superbook Moneyline Rules

There aren’t many moneyline rules from Superbook. Mainly, in the event of a draw in a two-way bet, in a sport like football, soccer or combat sports, moneyline wagers are voided and each side receives its initial stake back.

Moneyline vs Spread

Spread bets are when an underdog or favorite must win by more than or lose by fewer than a certain number of predetermined points. In spread betting, odds are more consistent since underdogs are

But moneyline wagers are bets on which team/individual will win. A team could win in overtime or by 50. It doesn’t matter. As long as the team you wager finishes with at least one more point/goal/set/run than its opponent, your bet will cash.

For instance, if the Tennessee Titans are a 6.5-point underdog against the Denver Broncos, the Titans might have about +200 moneyline odds, and the Broncos odds would be about -240. The Broncos would need to win by at least seven points to cover the spread, and the -110 odds undoubtedly associated with that wager, but Denver winning at all would pay out at the -240 moneyline odds.

If Tennessee lost by fewer than a touchdown it would cover the 6.5-point spread and pay out at the -110 odds. But if the Titans won, they would pay out the +200 moneyline, or $2 profit for every $1 wagered.

Underdog vs Favorite

Almost every game has a predetermined moneyline favorite and underdog. Moneyline favorites will always have minus-money odds in two-way betting — sometimes in three-way betting as in soccer, the favorite will be plus-money because of the high prevalence of draws — and the underdog will almost always have plus-money odds.

In the event of an extremely close game on paper, the underdog may also have minus-money odds like -102, -105 or -108. In the event of a game where both sides have minus-money odds, the team with the odds closer to 100 is the underdog. If both teams have -110 odds then that means there is no favorite, and each side is as likely to win as the other.

However, in almost every game, the underdog will have some moneyline odds between +100 and +1000, though sometimes longer even, and those numbers are the profit gleaned in a $100 wager. The corresponding favorite will have minus-money odds, that again depend heavily on how likely the team or player is to win, and those odds can go from -115 to -2000 or shorter when live-betting.

In extremely lopsided-appearing games, sportsbooks may not even produce moneyline odds. For instance in the now-infamous 2007 Appalachian State vs. Michigan football game, Las Vegas-based sportsbooks did not take odds on the Wolverines and Mountaineers to win.

Superbook NFL Moneylines

The NFL is the premier betting sport in the United States, and thus Superbook offers moneyline bets for every pro-football game from the preseason through the Super Bowl — though we don’t advocate wagering on exhibition games, lest you lose your money betting on games decided by non-pros, Superbook will still take your wagers if you are so obliged.

Superbook offers Week 1 NFL odds from the time the schedule is released then will continue to unveil odds, spreads and totals for games as the weeks draw near. Superbook provides competitive moneyline odds, plus boosts and promos — and the extremely popular same-game parlays — for all NFL games all season long.

Super Bowl

The Super Bowl is like Christmas morning for sports bettors, and Superbook is a super option for big-game betting. The Superbook Online Sportsbook provides moneyline odds for the Super Bowl months before the game is played — giving hypothetical numbers for each conference. Plus, Superbook will take futures bets for each team to win its conference, division and even the Lombardi Trophy.

Moneyline Bet Strategies

We don’t advocate bettors to wager on moneylines, or make any bets, that are -150 or shorter except as parlay legs. Because you’d have to wager more to win any substantial amount, and because even teams with -300 odds sometimes lose especially in the regular season, the payout is not worth the risk.

Seek market inefficiencies and be prepared to pounce. I love betting plus-money home underdogs in the NBA, especially when they’re matched up against comparable opponents.

Trust your gut but also do your homework. Is there a marquee injury that is turning a likely favorite into an underdog? Is a team that locked up its division or postseason seed going to rest players, thus making them losing a late-season game more likely? Is there a star sitting for load management? Ideally figure out the game’s full details, keeping in mind that odds will shift accordingly if a star player is out.

Have fun, be responsible and take the bets you love and you’ll never really lose.

Moneyline Betting for Beginners

Trial and error are your friends. The best way to learn the ropes in betting is by doing it, which is why sportsbooks like Superbook give users playable funds up front — like a bet-and-get or risk-free bet that reimburses in site credit — so new and novice gamblers can learn the ropes.

As you get more experienced you’ll learn to trust your gut and find the research that affirms what your gut is telling you. Don’t be sheepish though. If you love an underdog, and nothing in your research makes you alter your opinion, put the bet in before the odds shift so you can get the biggest payout for your wager.

Otherwise, chase value, be smart and responsible and you’ll always have fun.

How to Calculate Moneyline Odds?

If the pluses and minuses look confusing, don’t feel bad. Looking at an online sportsbook’s odds page or a page full of betting markets can be overwhelming. Just remember that plus-money bet profits are in relation to a $100 wager, which means a +150 bet will cash in $150 if you bet $100 — and $15 in a $10 bet.

Minus-money odds are more confusing, and less easy to calculate. But if you remember to divide the number listed by 100, you’ll be able to calculate the profit-per-dollar bet then determine exactly how much you will win. For instance, if you’re betting on a -140 favorite, you do 100/140 and determine the profit is $0.71 per dollar bet or $71.43 in a $100 wager.

Fortunately, Superbook, like just about every online sportsbook, will calculate all that for you and give you the exact odds and profit on every bet you wish to make. That way you’ll know your exact payout before your place your wager.

Why Are Moneylines a Good Bet?

They are simple. Most everyone can pick a winner in a head-to-head game — whether they know what they’re doing or not. You simply determine which team will win, enter your stake and root for that team to win. It’s that simple.

Can Moneylines Be a Bad Bet?

Odds can vary exponentially and even teams that are -400 or shorter can lose. That means you’d need to bet $100 to win $25 in profit in a -400 bet, and if that team loses you’re out all of that money with not much upside. The return isn’t worth the risk.

What Sports Are Available for Moneylines?

Every sport with games. Baseball, football, hockey, tennis, soccer, basketball, college sports, minor-league offerings and much more. Soccer betting usually requires three-way bets, since there are so many draws, but if there’s a professional team game being played on planet Earth, Superbook will have moneyline odds for it.

Is There Bet Insurance on Moneylines?

Rarely. If you place a qualifying parlay wager full of moneyline bets, and exactly one leg fails, then you will get your stake reimbursed. Or if you are placing a risk-free, moneyline bet that fails, you will receive payback in either site credit or a second wager equal to the first amount.

Those are usually the two exceptions to the reimbursed moneyline wagers.

Author

Pat Pickens

Pat Pickens is a seasoned sportswriter who has covered the NHL since 2013 for various websites, including The New York Times, NHL.com, Sportsnet.ca, USA Today, the Associated Press and many others. His debut book, titled "The Whalers" about the history of the NHL's Hartford Whalers, was released in October 2021. His greatest successful wager was an LA Kings puck-line bet (+200) in Game 1 of the 2012 Western Conference Final.

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