When you bet on sports, you have many options. There are point spread bets, moneyline bets, and futures bets. But what about wagers that are not the standard point spread, moneyline, or total? This article will help you understand what each of these wagers are and how to place them.
Props are a wager that’s not a standard point spread, moneyline or total
A prop is a type of bet in which you bet on a particular aspect of a game. They are especially popular in basketball, football, and baseball. A popular type of prop is on the number of touchdowns a player will score. You can also place a bet on how many strikeouts the opposing team will record.
Point spread odds are calculated by applying a handicap to each outcome, often referred to as a ‘line.’ For example, the point spread of a game might be +100 for one team and -140 for another. The team that covers the spread is called a winner. In addition to point spread, a game’s total can also be bet on. This bet is called an ‘over bet,’ which means you want both teams to score over the number, while an ‘under bet’ means that the team you bet on will score less than the total.
Futures bets
The futures bet is one of the easiest types of bets to place in sports betting. It involves placing a bet on an upcoming event, such as a team winning the World Series or an individual winning the NBA MVP. You can also place a bet on a specific number of games a team will win, such as the Bengals winning at least 6.5 games. This type of bet involves a high risk of losing, but it can be very lucrative if you are a true sports enthusiast.
Lines bets
Lines bets in sports betting allow bettors to choose between two sides of a sporting event. The bookmaker handicaps the teams by setting a margin (called the line) for each contest. This margin is used to make the betting contest even. For example, the line for an AFL game may be 10.5 points. You can bet on Team A to win or on Team B to win, and you can also bet on both teams to finish within that margin. Those are called ‘pick your own lines’ and they are available at most major bookmakers.
Sportsbooks always list the price associated with each line. Usually, this price is -110. For example, Warriors -15 (-110) is equivalent to Lakers +15 (-110). Some sportsbooks raise the prices to -115 or -120. Positive numbers, on the other hand, mean that you can win $150 for $100 if you bet on a team.
Moneyline bets
Moneyline bets are wagers on the outcome of a sporting event. While betting on the favorite in a game can bring you a large payout, betting against the underdog can leave you with a loss. This is because each sportsbook has different house rules, which can affect the odds.
Moneyline bets are one of the most popular types of bets. Unlike point spread bets, moneyline wagers are non-based, meaning you’re not betting on a specific team or individual. You’re betting against the point spread, which is usually set by the sportsbook.
Spread bets
Spread bets are a type of wagering where you place a wager on a particular event that pays out based on the accuracy of the wager. This type of betting differs from fixed-odds betting and parimutuel betting. These types of wagers are very popular among people who enjoy sports betting.
As the name suggests, spread bets are placed on a team that is not considered a favorite. In order to win, the team must beat the favorite by a certain amount of points, often referred to as a point spread.