Most sports utilize two moneylines in standard offerings. When it comes to soccer betting odds, it’s different.
Standard soccer odds include three separate moneylines. These are commonly referred to as 1×2 odds.
Within that parlance, each character represents a different outcome for the game.
One (1) refers to the favorite winning the match outright, the “x” denotes a draw and Two (2) indicates the underdog winning the match outright.
Here’s how that looks in practice using the Nov. 28, 2023, UEFA Champions League match between Paris Saint-Germain and Newcastle United.
- Paris Saint-Germain to Win: -135
- Paris Saint-Germain & Newcastle United Draw: +290
- Newcastle United to Win: +333
In this instance, bettors who wager $135 on PSG would return $100 if the hosts win.
A bettor who puts $100 down on the draw moneyline wins $290 if the match ends level, while a bettor taking Newcastle’s moneyline wins $333 on a $100 bet if the visitors win outright.
Should a bettor take either PSG or Newcastle and the match ends level, the bet would lose rather than push like in the NFL.
What’s the Difference Between 1×2 Markets & Draw, No Bet?
For those anxious about a draw, there’s an alternate market that takes it out of the equation.
Draw, No Bet is exactly what it sounds like – if the match ends level, the bet is a push rather than a loss.
However, bettors pay a premium backing favorites in this spot while losing a higher payout on underdogs.
Here’s an example of a draw, no bet market using the same match.
- Paris Saint-Germain Draw, No Bet: -300
- Newcastle United Draw, No Bet: +220
Simply put, it’s less desirable to take a draw, no bet market in a match where one side is odds on in the three-way moneyline.
A better occasion to take advantage of this market is when oddsmakers rate teams closely.
On Nov. 29, 2023, Galatasaray hosts Manchester United in the UEFA Champions League. The hosts are +150 to win, while United is +165.
Given the close prices, here’s how oddsmakers price the teams on the draw, no bet line:
- Galatasaray Draw, No Bet: -125
- Manchester United Draw, No Bet: -110
Soccer Odds at BetMGM
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