Rugby Moneyline Betting
Rugby moneyline bets are used when a bettor wants to place a wager on an upcoming rugby match. This is one of the most common types of bets at rugby betting sites for fans of rugby betting online. The goal in rugby moneyline betting online is to correctly predict which of the two teams will come away victorious in the match.
Best Rugby Betting Sites For Moneyline Bets
Rugby moneyline betting online is used by rugby betting websites to make both teams worth betting on. In almost every rugby match, one team is perceived by the public to have the advantage going in and one team is considered to be the underdog. Moneyline betting is used as a handicap for the weaker team.
By having a moneyline, the rugby betting site is able to make both sides of the bet attractive. Let’s say, for example, that one team is horribly outmatched by its opponent. Without a moneyline, almost every sports bettor would wager money on the stronger team. In the end, the betting site would be on the hook for paying off all those winning wagers.
A moneyline prevents all this and gives fans of both teams a chance to place wagers that are worthwhile. With an even amount of action on both sides of the bet, the sportsbook can simply use the losers to pay off the winners. The rugby betting site meanwhile earns a profit through the use of vigorish.
Rugby Moneyline Betting Example
To Win:
London Irish 4/11
Toulon 11/5
Tie 22/1
In this rugby moneyline bet, the betting site has attempted to make every outcome as even as possible. London Irish is favored to win, so they are offering the lowest payouts according to the odds. Toulon is the underdog, so they are offering payouts that exceed the original wager. The tie is the lease likely result, so that one is paying out 22 times the original wager.
In this example, a successful $100 bet on London Irish would result in a payout of $36.36. A successful $100 bet on Toulon would result in a payout of $220. And a successful $100 bet on the tie would result in a $2,200 payout.
By altering the payout odds here, the betting site has made every side of the bet worth considering. London Irish is still favored to win the match, but you are going to have to risk more money to bet on them. Toulon is still the underdog, but you have an opportunity to take home more money by betting on them.
More About Rugby Moneyline Betting Online
In all rugby moneyline bets, you have to weigh the pros and cons of every side of the bet. The key to finding the bet online that offers the most value is to do your research on both teams. Sometimes you will come to the conclusion that the favorite is still offering odds that make it worth the extra risk.
Sometimes you may come to the conclusion that the underdog is offering high enough payouts that it’s worth the high risk of losing. In any case, your best bet with rugby moneyline betting is to look to the long term. Instead of trying to win every single bet, make it your goal to find value.