Sports betting is a lot of fun, but the barrier to entry is relatively high.
Still, some options work equally well for both beginners and pros. We will discuss money bets and how they work on the PinUp Betting platform, which is now one of the leaders in the Canadian betting market. Read on for more valuable insights and explanations.
The chance is that moneyline sports bets will be perfect for you.
What Money Line Bets Are
Money line bets are the bets on the game’s outcome. Simply put, you can place a Pin Up sport bet on one of the teams or players that, in your opinion, will win the game. The potential outcomes are as follows:
- your team or player wins, and you’ll receive a payout on the odd;
- your team or player loses, and you lose the bet;Â
- it’s a draw, and you get a full refund unless there is an opportunity to bet on a draw.Â
As you can see, this traditional bet is quite simple. The teams or sportsmen are divided into two categories — favorites and underdogs — and the final result for all bettors is determined at the end of the game.
Money Line PinUp Betting in Canada Explained: More Nuances to Consider
What about the odds? Everything is quite simple, too.
As we’ve mentioned, the teams or players participating in a sports event fall into two categories: the favorite who’s expected to win and the underdog who’s expected to lose.
There’s a negative integrator for favorites (Team 1), such as -250. There’s a positive integrator for underdogs (Team 2), such as +200. Those numbers tell us two things: Team 1 is expected to win, and those who bet on them will get smaller wins because this is the scenario most bet on.
But what exactly do -250 and +200 numbers mean for those who, for example, want to place a Pin Up bet online?
- The negative number refers to how much one should risk to win $100. For example, if the integrator is -250, you’ll need to bet $250 to win $100.Â
- The positive number refers to how much you can get for a successful $100 bet. Let’s say you see the integrator of +200. If you bet $100, you will win $200 more.Â
Of course, the lower the chance that the particular team will win, the higher the odds for those who bet on their winning, and vice versa. The more players assume that Team 1 wins, the smaller the winning for those who place a money line bet on Team 1 victory. The higher the risks, the bigger the winning.
Options at top casinos
Let’s say you want to place a money-line Pin-Up bet online as a Canadian player. Is that possible?
Yes, the casino offers various sports betting options, including money-line bets. Moreover, Canadian players can bet on over 55 sports and hundreds of events.
The most popular options in Canada are:
- football;
- boxing;
- hockey;
- Canadian football;
- lacrosse;
- figure skating;
- skis.Â
Money-line bets are available for each of the above-listed and multiple other sports.
If you’re a beginner, you can start with them and then see whether you are ready to proceed to more advanced bets like, for example, spread bets. They are bets placed on specific game results — point spreads and team scores that count as losing or winning.
In summary, money-line bets may be beneficial for both beginners and pros. They’re also about getting betting experience, evaluating it, and developing a further strategy.
Also Read: The Canadian Gaming Industry With PinUp Casino Canada: A Powerhouse of Economic and Social Impact