How to Bet On the American Soccer wit Bitcoin and Crypto: A Detailed Guide to MLS Betting
Have you heard anything about big soccer leagues in the US and Canada? If you did, you are definitely a sports fan and know what MLS is. If you haven’t, it isn’t too surprising since soccer isn’t the most popular sport in North America compared to football, baseball, basketball, and even hockey, tennis, or golf. Still, Major League Soccer (MLS) is a big thing in North America’s sport world as some of the greatest soccer players work there, and the most spectacular matches happen during the season.
That’s why it’s totally worth learning more about the MLS and betting on it to find a new, fun way to spend your time and win some money. So, read on and discover everything for successful wagering, from types of bets and rivalries to tips and cryptocurrency betting.
But let’s start with history and understanding how the MLS works to gain a little perspective.
History and rules of the MLS
Major League Soccer (MLS) kicked off in 1996 after the United States hosted the 1994 World Cup. At first, the league had just ten teams, but it has grown significantly, now boasting 29 teams across the U.S. and Canada. Some early teams that set the stage for MLS include D.C. United, LA Galaxy, and the New York Red Bulls (originally known as the New York/New Jersey MetroStars).
D.C. United was the strongest team, winning three out of the first four MLS Cups, with stars like Marco Etcheverry and Jaime Moreno leading the charge. Meanwhile, the LA Galaxy quickly became another iconic team after signing international superstar David Beckham in 2007. Beckham’s arrival put MLS on the global soccer map and opened the door for more big names, like Thierry Henry with the New York Red Bulls and Zlatan Ibrahimović, who also joined the Galaxy years later.
The MLS league became popular in the US and beyond thanks to these players and their incredible games.
But how does the League work, and how does it select the champion?
How the MLS league works
Similar to most soccer leagues around the world, teams compete throughout the season in a series of matches, earning points for wins and draws. A win gives a team two points, a draw gives both teams one point, while the losing team leaves the field with zero points. The regular season is followed by the playoffs, where the best teams from the Eastern and Western Conferences face off in a knockout format. This ultimately leads to the MLS Cup, the league’s championship match. This game determines the league champion.
Besides the MLS Cup, the Supporters’ Shield is awarded to the team with the best regular-season record. This award is special because it shows consistent performance over the entire season. The league also recognizes individual brilliance with awards like the MVP, won by stars like Landon Donovan, Carlos Vela, and, more recently, Hany Mukhtar.
As the league continues to grow, with new teams joining and old ones cementing their legacies, MLS is becoming a key player in the global soccer scene. It attracts talent from around the world and develops homegrown stars who could be the next big thing in international football.
That’s why MLS betting has also become more popular. If you want to join the fun, you need to learn how to read the odds.
MLS betting odds
Understanding MLS betting odds is key to making informed bets. You’ll come across three main formats: fractional, American, and decimal. Let’s break down each one with examples.
Fractional odds
Fractional odds are often used in the UK and are written as fractions, like 4/2 or 2/1. The first number shows how much you’ll win relative to your stake, and the second number is your stake.
For example, if LAFC has odds of 5/1 to win a match, this means for every $1 you bet, you’ll win $5 if they win. So, a $10 bet would give you a $50 profit (plus your $10 back).
American odds
American odds, also known as moneyline odds, are common in the United States and can be positive or negative. Positive odds show how much profit you’ll make on a $100 bet, while negative odds show how much you need to bet to win $100.
For instance, if the New York Red Bulls have odds of +250 to win, you’d win $250 on a $100 bet if they come out on top. If they have odds of -150, you’d need to bet $150 to win $100.
Decimal odds
Decimal odds are popular in Europe, Canada, and Australia and are the simplest to understand. The number represents how much you’ll get back for every $1 bet, including your original stake.
For example, if Toronto FC has odds of 3.50 to win, you’ll get $3.50 for every $1 you bet. So, to calculate your winnings from a $20 bet, you simply multiply your stake by 3.5 and find that it would return $70 ($50 profit + your $20 stake).
Each format is just a different way of expressing the same chances of a team winning, and which one you use mostly depends on the sportsbook of your choice. The team with higher chances usually has odds of bringing you less money. This way, bookmakers motivate bettors to take a risk and wager on a team that is less likely to win.
In any case, you can use the same method to calculate your potential winnings or find an online odds calculator. But before you can move to place a bet, you also need to learn their types for MLS wagering.
Types of MLS bets
Bet types in MLS wagering aren’t different from most soccer leagues, and they include the following:
Moneyline
This is a straightforward bet where you pick which team will win the match. For example, betting on LAFC to win against most teams is often a smart choice, especially when they’re playing at home, given their strong performance and star players like Carlos Vela.
Over/under (total goals)
In this bet, you wager on whether the total number of goals in a match will be over or under a set number. For instance, betting the over in a match featuring Atlanta United makes sense, as their powerful offense often leads to high-scoring games.
Spread betting
Also called handicap betting, this bet gives one team a goal advantage or disadvantage, making uneven matchups more interesting. If New York City FC is favored by -1.5 goals against a weaker opponent, you might bet on them to cover the spread, meaning they need to win by two goals or more, or you lose your bet.
Both teams to score (BTTS)
Here, you bet on whether both teams will score at least one goal in the match. For example, betting yes on BTTS in a match between the Seattle Sounders and LA Galaxy can be smart, as both teams have potent offenses, so your chances of winning are high.
Futures betting
With this bet, you can wager on long-term outcomes, such as who will win the MLS Cup or who will be the top scorer for the season. A common futures bet might be on Columbus Crew to win the MLS Cup before the season starts, especially if they’ve made strong off-season acquisitions.
Prop bets
These bets focus on specific events within a game, like which player will score the first goal or how many yellow cards will be shown. For example, betting on Josef Martínez to score anytime in an Atlanta United game is often a good call, given his stats. He scored nine goals and had 83.6% pass accuracy in 2022. However, not every bookmaker offers this type of bet and prefers to focus on bigger match events like total score.
Live betting
With live betting, you can place bets while the game is happening, with odds adjusting in real-time. For example, if LAFC is dominating possession but hasn’t scored yet, you might bet on them to score the next goal during the match, especially when they’re playing aggressively.
These bets are enough to build a betting strategy for the whole MLS season by mixing them up and using different types to balance risks and rewards. But if you don’t want to watch the whole season, you might be interested in the most anticipated rivalries each season.
The best rivalries to watch
As with any league, MLS has teams that turn every game into a spectacle when they meet on the field. Here are some whose matches you don’t want to miss.
El Tráfico: LA Galaxy vs. LAFC
This is arguably the most intense rivalry in MLS, and it’s always full of drama. It started in 2018 when LAFC joined the league, and Zlatan Ibrahimović made an unforgettable debut, scoring twice to lead the Galaxy to a comeback win.
In 2022, the teams faced off in the playoffs, and LAFC came out on top with a thrilling 3-2 victory. With stars like Carlos Vela (LAFC) and Riqui Puig (LA Galaxy), the matches are always highly intense and end with high scores, so they are great to watch and bet on. And, if you have a chance to watch it from a stadium, use it because the fans in Los Angeles go absolutely wild for this game.
Cascadia Cup: Seattle Sounders vs. Portland Timbers
The Seattle Sounders and Portland Timbers rivalry dates back to the 1970s in the old NASL, and it’s one of the fiercest in MLS today. These matches are all about passion — on and off the field. Both teams have strong fanbases, with the Timbers Army and the Sounders’ Emerald City Supporters creating an electric atmosphere.
The games are often tight and physical, with plenty of yellow and sometimes even red cards flying around. In terms of success, both teams have won multiple MLS Cups (Seattle in 2016 and 2019, Portland in 2015), making this a clash of titans.
Hell is Real derby: Columbus Crew vs. FC Cincinnati
This Ohio rivalry has quickly become one of the most heated in MLS. The name "Hell is Real" comes from a famous highway sign between Columbus and Cincinnati, and the games live up to the name.
The rivalry is young, but some wild matches have already been seen. For example, in 2022, Columbus pulled off a dramatic 2-1 victory with a last-minute goal, leaving fans absolutely stunned. So, when two teams meet on a field, you can expect some great odds, high stakes, and high winnings.
New York derby: New York Red Bulls vs. New York City FC
Since NYCFC joined MLS in 2015, this matchup has become one of the league’s biggest. The games are usually high-energy, with lots of goals — NYCFC’s David Villa once scored a hat-trick in this derby.
The rivalry reached its peak in 2021 when NYCFC won its first MLS Cup. Since then, every derby has become even more intense as the Red Bulls try to get back their status as the city’s favorites.
Texas derby: Houston Dynamo vs. FC Dallas
The Texas Derby between Houston Dynamo and FC Dallas is one of the longest-running rivalries in MLS. These matches are known for being physical and competitive, with plenty of tough tackles and fiery moments. So, you might want to bet on red and yellow cards in these games.
The teams compete for "El Capitán," a Civil War-era cannon, which adds to the rivalry’s intensity. The Dynamo has won the MLS Cup twice (in 2006 and 2007), and while Dallas hasn’t won the big one yet, it still shows some exciting-to-watch performance.
Canadian classique: Toronto FC vs. CF Montréal
The rivalry between Toronto FC and CF Montréal is Canada’s biggest soccer showdown. Toronto FC had a dominant run in 2017, winning the MLS Cup, Supporters' Shield, and Canadian Championship in the same year. On the other hand, CF Montréal has had its moments, too, particularly in the playoffs. For example, in 2016, CF Montréal made an impressive run to the Eastern Conference Finals by knocking out Toronto FC's other rival, the New York Red Bulls, in the semifinals.
So, if you have time only for a few matches this season, you might want to focus on these ones. But before you start placing your bets, read some tips to ensure their success.
MLS betting tips for 2024
You want your bet to win, right? Then, read and follow these tips.
Check for home advantage
When betting on MLS, the home-field advantage is a major factor. For example, in the 2023 season, the Columbus Crew won 15 out of their 20 home games, showing how tough they are to beat at home. So, putting your money on them is usually a smart choice if they're playing in Columbus.
Know the schedule
MLS teams often have packed schedules with lots of travel, which can really affect how they play. If the New York Red Bulls are on their third game in a week, especially on the road, they might not be at their best. They could be tired, so betting against them might be a good call, even if they play with a well-rested underdog.
Look for in-form players
Reading news and keeping an eye on which players are hot or returning from injury is key. Everybody expects new wonders from Lionel Messi, who will play a full season with Inter Miami, but due to his ongoing ankle injury, he might miss more weeks than expected. Still, when he’s back, there is a good chance that your bets on Inter Miami will be more successful than ever.
Use over/under bets on high-scoring teams
Teams like LAFC and Atlanta United are known for lighting up the scoreboard. LAFC averaged around 1.53 goals per game in the 2023 season. When these teams are playing, the match often turns into a goal-fest, so betting the over on total goals can be smart.
Check weather forecast
Weather can really mess with a team's performance. If LA Galaxy has to travel across the country to play in the hot and humid conditions of the East Coast, they might not be at their best. This makes betting on the home team more appealing in these situations.
Use BTTS bets for derby matches
Rivalry games, or derbies, are always intense and unpredictable. Take El Tráfico — it’s always full of drama. These matches tend to be high-energy with plenty of goals, so betting on both teams to score is often a good idea.
Pay attention to lineups
Coaches sometimes rotate the players, especially when the schedule is tight, so always check the latest information on who’s actually playing before you bet. If a team is resting key players, they might not perform as well, which could swing the game in favor of the other side.
Focus on the playoffs
When it comes to the playoffs, teams often step up their game. Betting on teams with a history of playoff success can be a smart strategy as the intensity ramps up. The Seattle Sounders, for example, have been playoff regulars and tend to perform well under pressure.
Play responsibly
While betting can be exciting, it’s important to play responsibly. Set a budget for your bets and stick to it, avoiding the temptation to chase losses. Remember, betting should be fun, not a financial burden. If it feels like a burden, it is a sign that you have a gambling problem and you might need help to overcome it. Know your limits and enjoy the game without putting yourself at risk.
Use betting site bonuses
Many MLS betting sites offer bonuses to encourage users to play, so take advantage of them and boost your potential winnings. These bonuses can give you extra money to play with, allowing you to explore different bets without risking too much. For instance, Sportbet.one offers some fantastic bonuses, especially for new users, like a 125% sign-up bonus.
Now, you are ready to bet and win. So, let’s learn how to place a bet in the easiest and the most convenient way.
How to bet on MLS with crypto
Betting on MLS with cryptocurrency is easy, especially when using sportbet.one. Here’s how you can get started:
- Head to sportbet.one and sign up using your social media account or an existing crypto wallet. The registration process is quick and easy since sportbet.one doesn’t require KYC procedures or additional verification.
- Go to the deposit section of the site. If you don’t have crypto, you can buy some using the website's built-in exchange. Transfer crypto directly to your account if you have some in your wallet.
- Browse the sports betting options and select the MLS match you want to wager on.
- Choose the type of bet you want to make, enter the amount you’d like to wager and place your bet.
That’s all you need to do to place your MLS crypto bet. Betting on MLS at Sportbet.one is quick and easy as we directly interact with your crypto wallet, so you don’t need to wait until a bank processes your payment and checks your data. It’s also safe, as blockchain technology ensures your anonymity, while smart contracts ensure that you get your payouts.
MLS betting: A fun you don’t want to miss
Even though soccer isn’t the most popular sport in the US, the MLS league is totally worth watching and betting on. The very fact that such skilled players as Ibrahimovic and Messi are in the league’s history proves that watching the MLS matches is an experience you want to have as a sports fan. Why not make this experience even more exciting by betting on your favorite team or player? With crypto betting on Sportbet.one, it’s easy: you need only a few minutes to sign up and place a bet. So, check the closest matches and win your bet!
FAQ
Can you bet on the MLS with crypto?
Yes, you can bet on MLS matches through various sportsbooks. Cryptocurrency is one of the best ways to bet. Blockchain platforms allow you to deposit, wager, and withdraw money using crypto without paying high transaction fees and passing KYC verification.
Is MLS soccer betting profitable?
Yes, betting on MLS can be profitable, but it heavily depends on understanding and analyzing the odds. Even if you correctly pick the winner, the odds determine how much you actually win. By carefully studying the odds and how they reflect a team's chances, along with other factors like team form and player injuries, you can increase your chances of making profitable bets.
What is the best way to bet on the MLS?
Research is the key to successful MLS betting, and so it is the best way to bet on MLS. Before placing a bet, consider factors like
- home-field advantage
- player form and injuries
- team schedules
- weather
- and recent matchups between teams
Combining this research with a clear understanding of betting odds will give you the best chance of making profitable bets.