What Is a Moneyline/Win Bet?
A Moneyline/Win Bet is one of the most straightforward forms of sports betting. You simply bet on who you think will win a game or match. No margins, no point spreads, just the outcome: win or lose.
This type of bet is especially popular among beginners due to its simplicity and is widely used across all major sports, including AFL, NRL, cricket, tennis, and soccer.
For more detailed betting basics, check out: BookiesPedia Bet 101
How Does a Moneyline/Win Bet Work?
- You choose the team or player you believe will win.
- The bookmaker assigns odds based on each side’s chances of winning.
- Odds are displayed as positive (+) for the underdog and negative (-) for the favourite.
- Your payout depends on the odds and how much you stake.
Understanding Moneyline Odds (AU Format)
Odds Type | Example | What It Means | Potential Payout (AUD) |
Favourite | -150 | Bet $150 to win $100 | Bet $150 = Get $250 total |
Underdog | +200 | Bet $100 to win $200 | Bet $100 = Get $300 total |
Note: Actual odds and returns vary by bookmaker.
Why Choose a Moneyline/Win Bet?
Pros:
- Simple: Just pick a winner
- Beginner-friendly: No complicated calculations
- Great for sports with clear favourites or tight matchups
Cons:
- Smaller returns on favourites
- Doesn’t account for score margin or draw unless offered
How to Place a Moneyline/Win Bet in Australia
- Choose a licensed sportsbook in Australia.
- Register and verify your account.
- Make a deposit (check for bonus offers).
- Navigate to your chosen sport.
- Find the matchup and view the Moneyline odds.
- Click on the team/player you want to back.
- Enter your stake amount.
- Confirm and place your bet.
Moneyline vs Point Spread Betting
Feature | Moneyline/Win Bet | Point Spread Bet |
Focus | Winner of the match | Margin of victory |
Suitable for | Beginners | Intermediate to experienced bettors |
Risk Level | Lower with favourites | Balanced with handicap |
Example | Team A to win at -200 | Team A -6.5 to cover the spread |
FAQs About Moneyline/Win Bets in Australia
A bet where you simply choose which team or player will win. No spread, no extras.
Odds with a minus sign (-) mean the team is favoured, while plus (+) indicates an underdog. The odds reflect how much you win.
Yes, particularly when betting on underdogs with high favorable odds.
Not always. Some sportsbooks offer a "Draw No Bet" option, but traditional Moneyline may result in a loss if the match ends in a draw.
Trusted sportsbooks like bet365 offer Moneyline/Win Bets on all major sports. Learn more at BookiesPedia Bet 101.
Final Thoughts: Is Moneyline/Win Bet Right for You?
If you’re new to betting or prefer keeping it simple, Moneyline/Win Bets are a great place to start. They’re easy to understand and available for nearly every sport. Focus on picking the winner, place your stake, and let the game play out.
For a complete betting breakdown and more strategies, visit BookiesPedia Bet 101.
