Whether you’re a sports fan, or just someone who likes to gamble, there are plenty of ways to enjoy the thrill of sports betting. But there’s also a lot of confusion out there. So, let’s go over some of the basics.
Moneyline bets
Unlike point spread bets, money line bets are simple wagers on which team or player will win a particular sporting event. There are three types of moneyline bets depending on the sport.
Money line bets are one of the most common types of bets. They are simple, easy to read, and are based on the expected outcome of the game. They can be used in boxing and tennis.
In most sports, the odds on moneyline bets will show the money a bettor has to wager to win $100. The odds can also show whether a team is a favorite or an underdog. If a team is an underdog, its odds will be positive. On the other hand, if a team is a favorite, its odds will be negative.
Futures bets
Whether you are a soccer fan or an NFL fan, futures bets can add a lot of value to your sports betting experience. They are more complicated than normal wagers, but they also offer big payouts.
You can bet on anything that happens during a season. You can bet on the winner of a championship, a player’s performance, the odds of a game, or even which team will win the Super Bowl.
Most people make futures bets before a season starts. These bets are usually very profitable, and can be worth hundreds of thousands of dollars. However, they can also be very risky.
Prop bets
Unlike traditional bets, prop bets are not tied to the outcome of the game. Instead, bettors can pick players to perform or produce certain numbers. These can include passing yards, touchdowns, 3-pointers made, or rebounds.
Prop bets tend to offer higher juice than traditional bets, and the payout is usually larger. These can be a fun way to wager without overcommitting. But they also require a little bit of research. A savvy bettor can study trends in the game and watch line movement to make the most of their prop bets.
Some props, like team props, are exclusive to certain sites. Others, like player props, are available for almost every game.