As much fun as it is to watch sports events on tv, it’s even more fun should you have a wager on your favorite team. Every time your team has a winning play, it becomes more exciting knowing that you’ve got money riding on the outcome. You can bet on sports for example basketball, baseball, football, tennis, read what he said hockey and soccer at sportsbooks, either physically, online or in some instances, even through the phone. On the other hand, betting on sport events can be complicated, since there are several kinds of betting you can make. Here are several of the common bets that sportsbooks offer.
Straight Betting. Better known as an individual, this really is the simplest kind of bet that you may make. You simply bet on the team that you believe will win as well as the given odds will determine simply how much you will win.
Point Spread. This really is the other most popular sportsbook bet. In a point spread bet, the oddsmaker gives the favored team a handicap so that you can make the two teams equally attractive to bettors. This handicap is called a spread and is frequently expressed as a negative number beside the favored team. In a point spread bet, you win should the favored team’s winning score is more than the spread. If you on the underdog, the wager pays off if the team wins or if they lose by less than the spread.
Buying Points. When you buy points on a point spread, you pay an extra amount to move the spread. Hence, you acquire more points whenever you bet on the underdog or give away fewer points when betting on the favorite, that can spell the real difference between a winning or losing bet.
Parlay. When you bet parlay, you’re betting on the outcome of multiple games. All of the teams you’ve bet on must win for your bet to pay off. If even one team loses the entire bet is lost.
Teaser. This is just like a parlay bet, except that points are added to an underdog’s spread or subtracted from a favorite’s. This increases the prospects of a successful bet but also decreases the odds, resulting in a smaller payoff if your bet wins.
Over/Under. You bet on regardless of if the total range of points scored through the two teams is over or under the total set by the oddsmaker.