Types of Sports Betting

Over/Under bets

Over/Under bets (commonly referred to as totals bets) are wagers placed on whether certain statistics from a game or event will surpass or fall below a given value, such as points scored in a match, total yards gained/attempted or attempts, first down conversions/interceptions, field goal percentage or home runs hit. They’re popular across many sports; most often used when placing bets on basketball matches or total yards gained/attempted, first down conversions/interceptions/conversions/interceptions field goal percentage or home runs hit. Combat sports often feature over/under bets which often make predictions regarding how long fights last – championship matches usually lasting 12 three-minute rounds before non-title fights last five or three rounds before going the distance with championship matches typically lasting 12 three-minute rounds while non-title fights go five or three rounds after that point.

Betting the over/under is an easy and convenient way to gain an edge against competition, yet they may not always yield positive returns. Therefore, it is vital that you conduct an in-depth investigation before placing an Over/Under bet.

Moneyline bets

Moneyline bets are one of the easiest and simplest types of sports betting bets to understand. This form of wagering has proven especially popular in low scoring sports like soccer, hockey and baseball where games usually conclude quickly with few goals scored by each side – as such their recent performance can often become more important than their opponent’s record or recent history.

Money line odds differ from traditional bets in that they use positive numbers for favorites and negative ones for underdogs, similar to futures bets but with much higher odds (up to +8000). A money line bet involves placing a bet on one team to win its game with payout determined by total money risked and won on it; this “juice” of bet is known by other terms such as teasers or parlays.

Parlay bets

Parlay bet name are a favorite among sports gamblers as they provide the potential to make large gains while mitigating losses. Furthermore, parlays – also referred to as accumulators or accas – allow sports bettors to responsibly manage their bankroll by placing multiple bets. But for any successful parlay bet to cash out successfully, each leg of its bet must win outright.

Picking winners against the spread can be challenging when betting a parlay, but it is possible to beat oddsmakers by understanding parlay betting rules. Parlays typically use alternate or adjusted point spreads; teaser bets combine multiple games into a single bet but do not feature equal returns as standard parlays do.

Across the board bets

Across-the-board bets combine three possible horse racing bets into one bet, such as win, place and show bets. They work similarly to placing separate bets but with equal stakes on each. Overall, across-the-board betting offers you greater winning potential!

An across the board bet offers quick, straightforward and risk-free action compared to exotic bets which require multiple horses be placed and have increased risks. Although quick, simple and inexpensive to place, an across the board bet does not hedge your win bets as effectively as standard show bets would do; there’s always the possibility that your horse could finish third without receiving payout equaling its cost; this type of wager is often known by its nickname – tote; named after alphanumeric displays used at racetracks that convey information like scoreboards in baseball or football games – tote is so called as its name because alphanumeric displays convey information similar to scoreboards do when placing bets!

Point spread bets

Oddsmakers at sportsbooks use point spreads as a handicapping tool by subtracting one team’s projected points from another team’s total points to create a differential, which can be seen commonly when betting NFL and NBA games, baseball or hockey games and so forth. When an outcome meets exactly with its point spread, bettors receive their money back as winning bettors receive equal returns for their bet.

Point spreads can fluctuate during a game for numerous reasons, such as injuries and scratches to players, respected or “sharp” action from opponents, or general unpredictability from outside forces such as weather and climate conditions. Point spread bets differ from moneyline bets in that their outcomes don’t always mirror that of final scorelines of games or events they cover.