If you were to bet against the spread, most likely you would place a sort of bet called an 11-10, or spread bet. By betting $11, you win $10 if your team’s score covers the spread. This is one other way that the on-line sports book makes its money.
An over-under bet can also be an 11-10 bet. With this kind of bet, the total score of the 2 teams that played will be either over or under the total score that was listed before the game was played. Betting on the score being over is called ‘betting on the ball’. Betting on the score being under is called ‘betting on the clock’.
A proposition bet is a sort of bet where the online sports book chooses what the odds and also the conditions of the bet will be going to be. This type of bet can be most interesting, even a little fun sometimes, for the conditions may be as unusual as which of two football teams will make the most touchdowns, which of two basketball teams will score the most three pointers, or even which individual player shall get a certain move for the team. The odds because of this kind of bet are sometimes 11-10, but may be better or worse depending on the circumstances.
A parlay bet happens when you are betting on more than one event, usually three. This type of bet gives you a lot higher payout if you should win, though the catch is the fact that all of the events you bet on will have to win. If even one of them loses, they all lose, and also you lose the total amount that you bet.
A money line bet seems rather formidable, especially to a person who will be getting into online sports betting, but it’s really one of the simplest bets of all. It is also called a Straight Up bet, and there isn’t any point spread to think about. You will just choose your sport, and then the team you think will be either the underdog or even the favourite. In a money line bet, the sports book may have numbers listed that will be in the hundreds, with either a plus or possibly a minus sign beside them. These numbers are considered the ‘money line’, and also are the multipliers for the bets.
Should the money line for your team is listed as 100, you could make an even bet. This means you will wager the same amount that you’ll get back. In the event the money line reads -110, in which case you must put together the total amount of money you’ve got decided to bet, plus 10%. This extra 10% is known through the name of ‘juice’. Should the money line for your team is listed as +110, in which case you simply place your bet with the amount you choose to bet. If you win a money line bet, you get the amount of your bet plus 10% back. For example, if you bet $10.00 and $1.00 in juice on a -110 money line and it wins, you get $21. 00.
A teaser bet in sports betting is actually a proposition bet that allows you to change the odds for the bet in either direction in order that the wager is in your favour. You can go up or down in points, and must choose Recommended Looking at least two teams, as is done in a parlay bet. You may have as many as 6 separate teams included on a teaser bet, but all of the teams chosen have to win in order for your bet to be declared a winning one. Once the games are over, the points from the teaser bet are added or subtracted from the final scores. The odds for teaser bets may be different each time, so it’s a great plan to always look into the sports book before placing your bet.
A tip to remember is the fact that frequently, when placing a wager on any sport that will finish with a high score, such as football, you will have a spread. Sports where the ending score is low, for example in baseball will have a money line. Remember also that favourable odds on a game can sometimes work within your favour. Online sports betting allows you to conveniently go from sports book to sports book to locate the top odds.