After finally becoming legal in Maryland, MLS betting is gaining popularity. More and more soccer fans are rushing to place wagers on their favorite MLS teams.
Read on if you want to watch the biggest events and make money. This guide has tips on the most common bets and other advice to help you get started. Even the biggest soccer fans in the world can use some assistance sometimes.
Devise a strategy
The best strategy for those new to soccer betting in Maryland is straightforward and involves keeping your overall stakes modest. You shouldn’t put more than 3% of your bankroll on a single bet.
Choose the Right Sportsbook
This is not an easy choice by any means. Read customer reviews when you choose online sites, research the features, pluses, and minuses, and make sure the platform is licensed to provide Maryland sports betting services.
When you find a provider you think might work out for you, go to their website and browse it thoroughly. Make sure it’s easy to navigate, and you understand the layout. Customer service is an early indicator of what you can expect down the line.
With some understanding of MLS betting and a basic strategy, you’re ready to make a choice. Look for legal news surrounding the platform and what type of matches they offer. Check when they put out their soccer betting lines. That should happen early in the week.
While live betting is very exciting, without a doubt, it’s probably best to stay away from it if you’re a novice. Your emotions might take hold. The site should have fast deposit and withdrawal methods, multi-platform access, and a good user experience.
Most common soccer bets
The common types of MLS and soccer bets, in general, are moneyline bets, totals, props, and parlay. This section goes into more detail.
Moneyline bets
Every sport has moneyline bets, where you bet on a victory or loss. The team with the minus sign in front of the odds is the favorite, and the one with the plus is the underdog. Let’s say you have odds of -250 on one team and +120 on the other.
You must bet $250 on the first team to win $100 or $100 on the second to win $120. If the match ends in a tie, which is very common, there will be a twist on the odds. In Asian-style betting, you will get your bet refunded in a draw, but this isn’t all that common.
Totals
This bet is where you try to predict whether the total goals scored will be above or below a certain number. It is not unlike over/under bets in NFL or NBA. If the line were 1.5, you would lose if one or no goals were scored or win if there were two or more.
Props betting
Props betting includes various different wagers, like the first player to score, the number of corner kicks, etc.
Points spread betting
This betting type isn’t always offered in soccer. It involves choosing the winner or loser and covering the bet. If there is a major favorite, you can expect to be able to wager on the spread.
Parlay bets
Parlay bets are where you combine the outcomes of a few games to compound your payout. All of your predictions must be accurate for you to win.
Double chance
Finally, double chance bets involve selecting a combination of two of the three possible outcomes of a match: win, lose, or draw.