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Common Bets You Can Make When Betting on Sport Events
As fun as watching sporting events on TV, it’s even more fun betting on your favorite team. Every time your team has a winning play, it gets more exciting knowing you have money on the outcome. You can bet on sports such as basketball, baseball, soccer, tennis, hockey, and football at sports betting, physically, online, or in some cases even over the phone. However, betting on sporting events can be complicated, as there are many types of bets you can make. Here are some of the common bets offered by sportsbooks.
* Direct bet. Also known as a single, this is the simplest type of bet you can make. You simply bet on which team you think will win and the odds given will determine how much you will win.
* Point spread. It is the second most popular sports betting bet. In a point spread bet, the bettor gives a handicap to the favorite team in order to make both teams equally attractive to bettors. This handicap is called a spread and is usually expressed as a negative number next to the favorite team. In a point spread bet, you win if the favorite team’s winning score is greater than the spread. If you are the underdog, the bet pays off if the team wins or loses by less than the spread.
* Points of purchase. When you buy points on a point spread, you pay an additional amount to move the spread. Therefore, you get more points when you bet on the underdog or give fewer points when you bet on the favorite, which can mean the difference between a winning or losing bet.
* To speak. When you bet parlay, you are betting on the outcome of several games. All teams you bet on must win for your bet to pay out. If even one team loses, the whole bet is lost.
* Trailer. This is similar to a parlay bet, except that points are added away from an underdog or subtracted from a favorite. This increases the odds of a bet winning, but also lowers the odds, resulting in a lower payout if your bet wins.
* More less. You are betting on whether the total number of runs scored by both teams is over or under the total set by the bettor.
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