Including what they are and what rules the sportsbooks usually set for them. The straight bet is the most common type of bet among sports bettors. This is simply a single bet selection, placed on the estimated outcome of only one event.

The player selects a bet with certain odds, makes a wager and, if the choice is successful, will receive a payout. The winnings from the straight bet is determined by the amount staked and the odds on the selection. Above: a straight wager on the Philadelphia Eagles moneyline against Washington.

If the Dolphins win, then your bet is lost. The advantage to this type of bet is considered to be its simplicity and relative reliability, because unlike other types of bets, it is only necessary to predict one outcome in a single game.

The disadvantage of the straight bet is that there will likely be lower odds when compared to the parlay or system bets.

The parlay bet express bet , is a combination of single bets; it includes at least two separate outcomes predicted by the player. Sports bettors like parlay bets primarily for the high odds, as when calculating the total parlay odds all of the included selections legs odds are multiplied.

If every event in this express bet is successful, you will get a win at the odds of eight the stake will be multiplied by eight. However, if even one leg in the parlay loses, the entire parlay bet will be lost. This explains why this type of bet, while exciting, is much more difficult to win than a straight bet.

Obviously, with each event added to the parlay, the overall betting odds are increased, however, the likelihood that all selected events will be successful is reduced. A lot of novice players create parlay bets from a large number of events with very low odds; it seems almost certain that they will all win, and the overall odds are quite enticing.

However, low odds are not a guarantee of winning and clear favorites can lose as well. And more often than not this will signify a novice bettor to a sportsbook, someone who has not yet learned a full analysis of the events.

Accordingly, compiling huge express trains in the vast majority of cases is a quick path to numerous and regular losses. Parlay bets can be used in a variety of game strategies.

For example, one of the rather popular betting strategies in soccer is called ' 27 Express '. It is designed to make a parlay from bets on exact scores in several matches. It is believed that 27 express trains cover all of the most likely variants of actual scores, and even if 26 express trains should lose with only one winning, that one will justify the entire system as the odds on the exact score bet are very high separately and even higher in parlays.

Which type of bet is better: straight or parlay betting? There is no definite answer to this question. Often referred to as a total in the U. This is a bet on whether a number for a specific statistic will be higher or lower than a sportsbook predicts.

This, too, is one of the simpler options in betting. If the final score is a total of 53 points scored and you bet that the score will be higher, you win.

The level of simplicity makes this one of the best types of sports bets for beginners. And even though you can make these types of sportsbook bets on a variety of statistics during the game, the most promising option is often the total points scored.

Point spread bets, also known as handicap betting in Europe and Asia, are sports wagers on the margin of victory.

The bookmakers decide which team is the favorite and which one is the underdog. Then, they assign the total number of points or goals that they believe the favorite will win by. If the favorite is assigned The best way to explain these types of bets in sports is with an actual example.

Assume the bookmakers set a point spread of 7. If you think the Eagles can win the game outright or lose by less than 7 points, you should bet on the Eagles. Point spread bets are usually available with all major sports, including football, basketball, and baseball.

When it comes to different types of sports bets, there are a few other bets to choose from. One of those is an e ach-way wager, which consists of two sports wagers with equal cost — a bet on your selection to win a sports event and a place bet on your selection to finish the competition in prespecified places.

The bookmakers set different odds for the win and place parts of an each-way bet. This type of bet is popular in horse and greyhound racing.

Experienced bettors are generally more comfortable with each-way sports bets due to their complexity. An outright or futures bet is one of the most popular b ets involving the selection of winners of tournaments and leagues that are yet to be played.

For example, you can place a bet on who will win the World Series before the season gets underway or try and predict the number of yards a quarterback will throw during an upcoming season. But unlike other types of sports gambling, this option is generally considered much more of a long shot.

You can place a prop bet on game props or player props. For example, you can place a bet on a particular player being the first to score in a basketball game or the number of yards a quarterback will throw during a season.

You can also place other prop bets, such as which team will be the first to score 30 points. In other words, you can place prop bets on literally everything making this one of the more fun ways to gamble. These bets are popular among experienced sports bettors as it enables them to control the money they wager more efficiently.

As such, punters avoid using this wager in college sports due to the many unpredictable variables when compared to other types of betting. An a ccumulator or parlay bet is a single bet that links together two or more individual wagers.

Related Pages: How to bet on tennis. Teasers and pleasers are different types of parlays. With a teaser, you can manipulate the spread in your favor for each game to place a parlay bet at reduced odds. Sportsbooks will offer promos and bonuses for different types of bets.

This will include bonus bets that offer bet credit if you lose your first bet, for example, and odds boosts or profit boosts that increase your payout if you win.

If you would, take advantage of the offer. If not, you might want to pass. See more on the best NJ online sportsbook promos , the best NFL sportsbook promos or the latest Super Bowl promo codes at the top sports betting apps. NJ Bet with your head, not over it!

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Google Play Appstore. Safer Better Toghether. Geschäftsführer: Per Widerström Kontaktdaten: E-Mail: Kontakt College basketball spreads are arguably even more favored than NBA spreads, as there are more lopsided matches in college which make moneyline bets less attractive.

Point total bets can be interesting, as different teams play at different tempos. Like college football, player props are not very sought-after in college basketball due to the regulatory nature of college sports. Moneyline bets are by far the most popular bet type for baseball, as games are often closely decided.

Run total bets are popular as well. For MLB, player props can be attractive as each team fields a starting lineup of nine batters and a starting pitcher. Even though hockey is played on ice and baseball on grass, betting-wise, they are remarkably similar.

If you like the idea of betting on player props, you should like betting on golf. The most popular golf bet is betting on which golfer will win a tournament. Head-to-head bets, where you bet on two different golfers against each other, are popular as well.

Tennis, like golf, is all about the individual players. Unsurprisingly, moneyline bets are the most popular in tennis. 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. For Mixed Martial Arts MMA leagues like UFC, moneyline bets are the most popular choice.

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. Kevin Davis is a Betting Analyst at The Game Day residing in Hoboken, NJ.

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.

Previously, Kevin has written for The Action Network, and Vegas Insider. Log In Sign Up. US Fortune Coins Rivers4Fun DFS Sleeper Underdog Fantasy Betr Fantasy ParlayPlay FanDuel Betting Tools Betslip Builder Odds Convertor Parlay Calculator Hedging Calculator News.

Types of Sports Bets Analyzing the Different Sports Bet Types. Kevin Davis. Last Updated: Sep 15, Below, I go through a brief overview on what each type of bet is. If you wanted to bet on the Raptors, they would have to win by at least 8 points for you to win your wager.

However, if you wanted to bet on the Warriors, they would need to win the game or at least lose by no fewer than 6 points for you to win your wager. Either the favorite has to overcome it, or the underdog can use that to their advantage and win you the wager. This means that Southampton is starting with 3 extra points in this handicap scenario from the sportsbook.

If you bet on Liverpool as the favorite, you will have to subtract 3 points from their final score. If they still have more points than Southampton, you win the bet. In addition to the standard handicap bets above, you also have no draw handicap bets and Asian handicap bets.

They are essentially the same concept, yet Asian handicap is used only on soccer. This can include 0. Liverpool here is being favored over Southampton by one-quarter of a goal. This quarter bet minimizes your risk because you have two options not to lose your bet.

If you bet on Liverpool and they win, so do you. Now, Liverpool is favored as being a half goal better than Southampton. The underdog bet for Southampton is considered a win if they win the match or result in a tie. If they win by just a single goal, you get half of your wager back. If they tie or lose, you lose the bet.

If Southampton were to eke out a tie or win outright, then any bets on them as the underdog will win. If they lose by one goal, you get half of your wager back. If they lose by two or more, you lose the bet. This is all a lot to take in, of course. Instead of a typical bet that gives you a one-in-three chance to win either a win, a loss, or a draw , you get a one-in-two chance of getting at least some of your money back.

Here, you are truly betting on a score total, hence one of the names for this type of bet — and of course whether that total is over or under a predetermined number. As an example, say that the Green Bay Packers are up against the Minnesota Vikings, and the bookmaker has set the over-under total at So if the Packers vs.

Vikings game has a final score of , then the total is In a face-off between Terence Crawford and Kell Brook, the bookmaker might set an over-under line that the fight will last Your typical bets are going to be on a single event or outcome, while parlays are combined bets in which you can wager on multiple events at once.

Parlays also called accumulators are not for beginners because they require some real skill and a lot of luck to get them right. You can use point spreads and over-unders, and some bookmakers may even allow prop bets and futures, too.

Another attractive feature is that you can combine multiple sports into your parlay, like basketball, football, and hockey. Your minimum number of selections in a parlay is two; the maximum can vary depending on the bookmaker, but 15 is a common threshold.

And, of course, the more teams you add to your parlay, the more difficult it will be to win though such a win would mean a significantly larger payout. Some will calculate the different odds for each time and combine those odds to calculate your potential payout.

The bookmaker will multiply the odds for the overall parlay together, coming to 9. Another method bookmakers can use is where they set the odds as fixed based on the number of selections you make.

This is most often used to point spreads and over-unders where the odds are the same for each selection. With a round robin, you can place multiple, smaller parlays at once. Instead of one large, single parlay that ties together the outcomes of all events, you can include all possible combinations of your events.

You need to include at least three parlays with at least three different lines in your round robin. You then use these teams to create as many two-team combinations as possible. The amount you bet is the amount that gets wagered on each two-team parlay.

This can include 0. Liverpool here is being favored over Southampton by one-quarter of a goal. This quarter bet minimizes your risk because you have two options not to lose your bet.

If you bet on Liverpool and they win, so do you. Now, Liverpool is favored as being a half goal better than Southampton. The underdog bet for Southampton is considered a win if they win the match or result in a tie. If they win by just a single goal, you get half of your wager back.

If they tie or lose, you lose the bet. If Southampton were to eke out a tie or win outright, then any bets on them as the underdog will win.

If they lose by one goal, you get half of your wager back. If they lose by two or more, you lose the bet. This is all a lot to take in, of course. Instead of a typical bet that gives you a one-in-three chance to win either a win, a loss, or a draw , you get a one-in-two chance of getting at least some of your money back.

Here, you are truly betting on a score total, hence one of the names for this type of bet — and of course whether that total is over or under a predetermined number. As an example, say that the Green Bay Packers are up against the Minnesota Vikings, and the bookmaker has set the over-under total at So if the Packers vs.

Vikings game has a final score of , then the total is In a face-off between Terence Crawford and Kell Brook, the bookmaker might set an over-under line that the fight will last Your typical bets are going to be on a single event or outcome, while parlays are combined bets in which you can wager on multiple events at once.

Parlays also called accumulators are not for beginners because they require some real skill and a lot of luck to get them right. You can use point spreads and over-unders, and some bookmakers may even allow prop bets and futures, too.

Another attractive feature is that you can combine multiple sports into your parlay, like basketball, football, and hockey. Your minimum number of selections in a parlay is two; the maximum can vary depending on the bookmaker, but 15 is a common threshold.

And, of course, the more teams you add to your parlay, the more difficult it will be to win though such a win would mean a significantly larger payout.

Some will calculate the different odds for each time and combine those odds to calculate your potential payout. The bookmaker will multiply the odds for the overall parlay together, coming to 9. Another method bookmakers can use is where they set the odds as fixed based on the number of selections you make.

This is most often used to point spreads and over-unders where the odds are the same for each selection. With a round robin, you can place multiple, smaller parlays at once. Instead of one large, single parlay that ties together the outcomes of all events, you can include all possible combinations of your events.

You need to include at least three parlays with at least three different lines in your round robin. You then use these teams to create as many two-team combinations as possible.

The amount you bet is the amount that gets wagered on each two-team parlay. If one of your teams in the round robin loses, then all parlays associated with that team lose, as well. You bet on those three teams at those presented spreads.

With these three parlays, your potential payout for each is 2. Round robins are a solid way to minimize your losses without dropping your potential payout too significantly. Teasers are similar to your classic parlays in that you bet on the outcomes of multiple events and win only if all of them turn out according to your predictions.

However, you can shift the odds in your favor by modifying the point spread and lowering your potential payout, of course. Each leg of the teaser must use the same number of points, but they can all go in different directions.

If the bookmaker is using a six-point tease, then the Pittsburgh Steelers -8 can be teased down to Like a traditional parlay, the more teams you add to your wager the higher your potential payout will be. Normally, a standard three-team parlay would pay out 6 to 1, but if you tease the spread in your favor, that drops to 2 to 1.

Teasers give you the chance to modify the spreads or over-unders in your favor, while pleasers let you move them out of your favor. This makes pleasers more difficult to win. So why would someone even try a pleaser? Because making the odds harder means a larger payout if all your selections win their respective games.

And just like in standard parlays and teasers, the more teams you add to your selections, the bigger your potential payout. Overall, pleasers are an especially challenging type of sports bet to win, so proceed with caution. In fact, up to three selections can be losers this depends on the total number of selections and you can still get a payout.

Of course, this does mean that the payout for a progressive parlay is lower than that of a standard parlay. You can set your wager on major championships like the NBA Finals or the Super Bowl.

Now you get to enjoy some thrills and maybe angst for more than one game because, as long as your team is still in the competition, you still have a shot at winning. Now, every regular season game is important because they need to make it to the playoffs, then get to the Super Bowl, and then win it all.

This type of bet can be extra challenging. This high level of risk means that payouts on futures bets can get ridiculously high. These types of bets are made more for fun than anything else. With prop bets, luck is really the determining factor. Some of those might include:.

Here, you can use your knowledge of particular teams or players to make some more specific, performance-informed bets. Both of these bets are like advanced parlays but with a reduced risk. To place an if bet, you wager on a combination of two or more outcomes to happen in a specific order. Furthermore, different betting options offer different levels of risk and reward.

A parlay bet on multiple games carries more risk than a moneyline bet on a single game. However, parlay bets also offer bigger payouts. Finally, different types of sports betting fuel excitement. For example, handicap betting can inject an unprecedented dose of excitement by adding the possibility of a life-changing payday.

In short, the different types of sports bets exist to accommodate individual preferences and enhance the overall gambling experience.

Familiarizing yourself with different bet types at your disposal before heading to online sportsbooks is paramount in order to maximize your potential for profit. Some bet types are more popular than others. A win bet, also known as a moneyline bet in the US, is the most common type of bet in sports gambling and one of the most common types of Super Bowl bets.

With a moneyline bet, you are simply picking the team or player that you think will win a particular game. If you place a win bet on the New England Patriots in their match against the Philadelphia Eagles and the Patriots win, you win your bet.

If the Eagles win, you lose the bet. Bookmakers usually offer these types of bets on all major sports , including soccer, basketball, baseball, hockey, tennis, and even golf. Moneyline bets are perfect for new players who want to stick to the basics while placing wagers with potentially high payouts, especially when it comes to sensational derbies between bitter rivals.

This is arguably the most popular betting option among recreational players. Often referred to as a total in the U. This is a bet on whether a number for a specific statistic will be higher or lower than a sportsbook predicts.

This, too, is one of the simpler options in betting. If the final score is a total of 53 points scored and you bet that the score will be higher, you win.

The level of simplicity makes this one of the best types of sports bets for beginners. And even though you can make these types of sportsbook bets on a variety of statistics during the game, the most promising option is often the total points scored. Point spread bets, also known as handicap betting in Europe and Asia, are sports wagers on the margin of victory.

The bookmakers decide which team is the favorite and which one is the underdog. Then, they assign the total number of points or goals that they believe the favorite will win by.

If the favorite is assigned The best way to explain these types of bets in sports is with an actual example. Assume the bookmakers set a point spread of 7. If you think the Eagles can win the game outright or lose by less than 7 points, you should bet on the Eagles.

Point spread bets are usually available with all major sports, including football, basketball, and baseball. When it comes to different types of sports bets, there are a few other bets to choose from.

One of those is an e ach-way wager, which consists of two sports wagers with equal cost — a bet on your selection to win a sports event and a place bet on your selection to finish the competition in prespecified places.

The bookmakers set different odds for the win and place parts of an each-way bet. This type of bet is popular in horse and greyhound racing. Experienced bettors are generally more comfortable with each-way sports bets due to their complexity.

An outright or futures bet is one of the most popular b ets involving the selection of winners of tournaments and leagues that are yet to be played.

For example, you can place a bet on who will win the World Series before the season gets underway or try and predict the number of yards a quarterback will throw during an upcoming season.

But unlike other types of sports gambling, this option is generally considered much more of a long shot. You can place a prop bet on game props or player props. For example, you can place a bet on a particular player being the first to score in a basketball game or the number of yards a quarterback will throw during a season.

You can also place other prop bets, such as which team will be the first to score 30 points. In other words, you can place prop bets on literally everything making this one of the more fun ways to gamble.

These bets are popular among experienced sports bettors as it enables them to control the money they wager more efficiently. As such, punters avoid using this wager in college sports due to the many unpredictable variables when compared to other types of betting.

An a ccumulator or parlay bet is a single bet that links together two or more individual wagers.