When it comes to betting on sports, there are many types of bets to consider. These include moneyline, spread, futures and parlays. Let’s take a look at some of these bets and how they differ. For example, in a football game, a betting total would predict that the combined score of both teams would be four2.5 points. In other words, if the Rams beat the Seahawks, they would win by four points.
Moneyline bets
Moneyline bets are a common wager in sports betting. They tend to have higher odds than point spreads or totals and are popular among baseball and hockey fans. You need to do some research to find the best moneyline odds on a game and be aware of the possible outcomes. In NHL games, moneyline odds can swing quite a bit, so make sure to shop around before placing your bets.
Spread bets
Spread bets in sports betting are wagers where you bet on the outcome of a sports event. The difference between spread betting and parimutuel betting is in the payout structure. While fixed odds betting pays out winnings immediately, spread bets can be lost if you are wrong.
Parlays
Parlays in sports betting are similar to accumulators, combo bets, or multiple bets. These bets involve several outcomes. Each outcome in the parlay will pay out a fixed amount.
Futures bets
Futures bets are an interesting way to add some extra value to your sports betting experience. These bets are placed on upcoming events, such as a game’s winner, or the team’s win total. They are usually less risky and more valuable than other types of wagers, and can be a great way to lock in your bankroll.
Prop bets
Proposition bets in sports betting involve predicting the outcome of a sporting event. These types of bets have no skill requirement, but can be lucrative in the long term. Props include the number of touchdowns scored in a game and how many yards the winner will gain from a touchdown pass.
Live betting
Live betting on sports is an option available to many people who want to place wagers on sporting events as they happen. It has many advantages, such as a high degree of convenience. If you’re on the go, you can place a bet in a matter of seconds. Many sportsbooks offer this service as part of their in-play section. For example, you can bet on an ODI game between India and Australia while it is in progress.