Betting money sites offer odds on individual teams and competitors in sports events. Unlike point spreads, moneyline odds only include the likelihood of each team or competitor winning a match, which can be used to determine the amount of profit a winning bet will return. The odds are often displayed as a positive number (such as +150) or a negative number (such as -150). The positive and negative values can be multiplied to find the total value of a wager, which is known as the “moneyline payoff”.
Most betting money sites accept major credit cards for deposits. For those who want an extra layer of security, e-wallets like PayPal are a great option. Some e-wallets, such as Neteller, allow bettors to deposit and withdraw funds without ever sharing their personal banking information with the betting site.
In addition to offering a wide variety of banking options, betting money sites should also provide attractive bonuses and ongoing promotions. Welcome bonuses are a great way to get started, while loyalty rewards can keep you betting long after your initial sign-up.
In the US, many betting money sites accept cash transfers through Western Union and MoneyGram. These services allow bettors to deposit and withdraw money quickly and easily, in amounts much larger than those available with a bank wire. Be aware that these services typically charge fees for deposits and withdrawals, but they are a convenient option for those who do not have a credit card or are unable to make secure deposits using an online banking service. 꽁머니