Types of bets
Common Bet Types · Win Bets and Moneyline Bets · Totals and Over/Under Bets · Point Spread and Handicap Betting · Futures and Outright Bets · Proposition Bets. Common Types of Bets · What are Straight Bets? types of bets Moneyline Bets · Pointspread Bets · Totals Bets. WHAT ARE 'STRAIGHT BETS'? 'Straight. Decimal odds: Show the total payout for every $1 wagered, including the amount you bet. Decimal odds of mean you win $2 for every $1 bet. Betting Terms Explained - Types Of Bet · What is Lay bet · What is Trixie bet · What is Yankee bet · What is Patent bet · What is Lucky 15 bet · What is Goliath.
Types Of Sports Bets Guide
Common Types of Bets
Other common tennis bets are bets on which player wins a particular set and futures bets on who will win a major tournament. Betting-wise, soccer is like hockey because it is a low-scoring sport. The big difference is that ties occur more frequently. The most popular soccer bet is a three-way moneyline bet where you can bet on either side, winning as well as the possibility of a tie.
Next to these, betting on the total number of rounds is also a standard wager. Additionally, fighting props like betting on the method of victory or if there will be a knockout are popular MMA wager types. These props can include things like a method of victory or whether or not there will be a knockout. Boxing, like MMA, is a combat sport where moneylines are the most popular bets.
Betting on the winning method and the number of rounds a match lasts is also common. One significant difference between the two is match length. Because boxing matches tend to last longer, there are more bets to be made on which round the fight will end or if a decision, rather than a knockout, determines the result. Now that you are familiar with the different bet types and how they apply to each sport, the best thing you can do is figure out what works best for you.
If you are better at predicting player performance than team performance, you should figure out what sports are best for player props. If you are like most bettors and are interested in team performance, you should figure out whether moneyline or spread bets are the best strategy for your sport of choice. If you are better at figuring out the pace of a game, you are better off betting on totals than on moneylines and spreads.
Sportsbooks must set odds on everything as a way of attracting the most business. Your biggest advantage as a bettor is focusing on only a few areas and finding where the betting public and sportsbooks make mistakes. Previously a Bronx resident, Kevin got his start betting on sports at his local Bronx barbershop. When sports betting was legalized across the river in Jersey, Kevin was there on the ground floor making regular trips to the Hoboken PATH station or for soup dumplings in Fort Lee.
Log In Sign Up. Types of bets Kevin Davis. Last Updated: Sep 15, Below, I go through a brief overview on what each type of bet is. Point Spread Another common type of bet is a point spread bet. Parlay Bets A parlay bet is a bet on multiple bets winning. Teasers A teaser bet is similar to a parlay in the sense that it is tied to multiple bets. Prop Bets A proposition or a prop bet is a bet that is not directly tied to the final score or result of the game.
Middle Bets Middle bets or middling is a form of arbitrage betting where you place point spread wagers on both sides of the game at different lines to ensure that either one of the bets wins or both bets win. Here are your three potential outcomes: Bets Score Profit Panthers Live Betting A live bet is a bet that is placed after a game has started.
Points Betting Points betting is a more volatile form of spread betting that is available on the PointsBet app. That is why it is essential to set stop loss limits when making a points betting wager. College Football Like professional football, the most common college football bets are point spreads, though totals and moneyline bets are also popular.
NBA Wagers Explained Next to football, basketball is the second-most popular betting sport in the states. MLB Wagers Explained Moneyline bets are by far the most popular bet type for baseball, as games are often closely decided. 
The team perceived as subordinate the underdog is given an advantage of the same number of points.
The favorite must win the game by a margin greater than the pointspread. The underdog bettor will cash a ticket if his team wins the game outright or loses by a margin less than the pointspread. In this example, Football Team 1 is the favorite and for a bet on them to cash they must win the game by 8 points or more. Football Team 2 is the underdog and a bet on that side will cash if they win outright or lose by 6 points or fewer.
In this example, Football Team 3 must win the game by 4 or more to cash tickets for favorite bettors. Football Team 4 must win the game outright or lose by 3 points or fewer. The outcome is determined in the same way as any other pointspread but a bettor must lay the designated moneyline price on each side.
Understanding how pointspreads are made and moved is extremely important for successful sports betting. The most common metric is the combined final score of both teams. The total on this game might look like this:. Why Bet on Sports. Baseball is a slow, strategic sport. It makes for low-scoring games that remain close even if one team is physically superior.
The odds are almost always close-ish to even, making moneylines well-paying if you can make good picks. Baseball also has a ton of live betting potential because it moves slowly. If you take advantage of in-game line changes, you can maximize your profit potential. Moneylines and props are usually best here, for similar reasons that we listed for MLB bets.
Hockey has a lot of action, but scoring is few and far between, making moneyline bets solid wagers. Props can be fun as well, as can live bets. The most common wagers are short-term futures, e. There are also head-to-head bets available at many tournaments, allowing you to wager on one golfer within a pairing to beat his paired opponent. The tennis equivalent of a moneyline is a bet on a single player or pair to win.
Tennis also presents solid options for live betting because the matches can take some time. Avoid bets on moneyline in soccer because they always have a third option: a tie. That decreases your chances of winning a moneyline bet significantly. If you were to focus on one or a few bet types, there are some that are much easier to place than others.
Namely: moneyline, point spread, and totals. But remember, the more you add, the less likely you are to win. Variety is the spice of life. Different bet types provide different values to you as a sports bettor, so diversity is key. Think about moneyline bets. You may want to bet on the Tampa Bay Buccaneers to win against the Chicago Bears, but the Bears are awful and expected by almost everyone to lose.
Instead, you could consider betting on the Buccaneers' point spread or place some money on Tom Brady props. Mixing things up and placing various bets can be rewarding in the long term. Vegas sports lines First and foremost, give things a try. You can discover the bet types that best fit your preferences and betting instincts by placing various wagers and seeing what clicks most. If you need help, check out our various picks pages to determine which bets you might like to place.
Most bookmakers offer many, many bet types. Same game parlays are somewhat less common, though most sportsbooks offer them. The only rare bet type is PointsBetting, which is only available at PointsBet. Our sports betting experts have got you covered with every guide you need:.
We also have a full guide showing you exactly how to read sports odds. Want to get more involved. No Bets Added. Types Of Sports Bets Guide. Matty Chucks. MattyChucks X Logo. Use Tool.