The moneyline bet is one of the most popular wagers in sports because of its simplicity. It’s a bet to predict who or what team will win. A moneyline bet does not require the bettor to guess the correct score. The ease of betting through moneyline wagers shows why this betting option is a favourite of many Kiwis. Just because the bet predicts who the winner is it doesn’t always mean players should always pick the favourite. There are considerations to be made, for instance the moneyline odds provided by your sports betting site . These odds influence the payout and are an indication of how the team is expected to perform. With moneyline bets a successful bet on the underdog often yields a huge payout.
We have a complete list of the top NZ sports bet sites with best moneyline odds for Kiwi bettors.
Place Moneyline Bets at NZ Online Sportsbooks
 | NZ$50 Bonus | 180+ Sports | 98% Payout | LeoVegas |
 | NZ$200 Bonus | 1000+ Sports | 96% Payout | Spin Sports Review |
 | NZD$100 Bonus | 1000+ Sports | 97% Payout | 22 Bet |
 | NZD$50 Bonus | 1000+ Sports | 97% Payout | 10 Bet |
 | NZD$100 Bonus | 1000+ Sports | 96.8% Payout | 1XBet |
 | NZ$50 Bonus | 170+ Sports | 98% Payout | Intertops Sportsbook |
 | NZ$50 Bonus | 500+ Sports | 98% Payout | William Hill |
 | NZD$100 Bonus | 1000+ Sports | 97% Payout | Karamba |
 | NZD$100 Bonus | 700+ Sports | 97% Payout | Royal Panda |
Understanding How Moneyline Bets Work
Moneyline bet wagers only focus on whether your chosen player or team has won. Unlike point spread online betting it does not take into consideration the margin by on which team or player you bet on won. Punters should remember that moneyline wagers are paid out according to the odds on each team or player. Betting correctly on an underdog will not pay the same as betting correctly on a favourite. Underdog bets have a bigger profit margin than favourites.
Types of Moneyline Bet Formats
Moneyline bets are presented differently depending on sportsbooks sometimes. The moneyline odds are always between the favourite and underdog. The odds are express as simple numbers with a positive or negative sign, they are also presented as fractions and decimal. We have outlined the examples below of the different formats of moneyline betting lines.
Money line bet calculator
Moneyline odds are represented as numbers in various formats. Below is an example of a standard moneyline odds
- Team 1 – -125 vs Team 2 +200
What does a +200-money line mean? It means the team with +200 odds will earn you $200 for each $100 bet. The team with the minus sign is the favourite and the team with a plus sign represents the underdog. In the example shown, an accurate $100 bet on Team 2 will earn you $200 whereas a $125 bet on Team 1 only earns you $100
Decimal Moneyline Odds
Spotting the underdog or favourite when using decimal odds is seen through the number’s proximity to the number 2.
Team 1 = 1.45 vs Team 2=2.60.
Where the number is greater than two the team is an underdog. The more the difference between the decimal odds and the number two the more of an underdog it is. Hence a bet on such a team will be riskier but the payout potential will be huge. Where the number is less than two, then it means the team is a favourite. The wider the gap between the favourite decimal odds and the number two the more of a favourite it is. This means such a team is a low-risk bet and therefore low payout. Decimal odds payouts are calculated by multiplying your wager by the odds.
Fractional Moneyline Odds
Where the first number in the fraction is bigger than the second then the team is an underdog. The bigger the difference between the first and second number the more of an underdog the team is and the riskier the bet becomes.
Where the first number is smaller than the second the team is a favourite. The opposite means the team is a favourite. That is to say, where the first number in the fraction is smaller than the second then the team is a favourite
Team 1 = 13/20 vs Team 2= 29/20. team 1 is the favourite and team 2 is the underdog.
You can also convert your fractional odds into decimal odds by dividing the first number in the fraction by the second number then adding 1 to it to convert into decimal odds.
(13/20) = 0.65 then add 1 = 1.65
Other Popular Betting Lines for Kiwi Punters