Sports Betting 101

sports betting

There are many ways to bet on sports. There are moneyline bets, Over/Under bets, Parlay cards, and Daily doubles. Each type of wager has its own advantages and disadvantages. In this article, you’ll learn about some of the most popular bet types. You’ll also learn the importance of odds, including the spread and the totals. Learn more about each of these types of bets to increase your winnings.

Over/Under bets

If you’re an avid basketball fan, you’ve probably heard of Over/Under bets. The name implies that both teams have a similar total goal score, and that a game that ends with more than 2.5 goals will win. But is that really the case? Over/Under bets are very popular in basketball, football, and even soccer. If you want to maximize your sports betting profits, consider betting on the over/under.

Moneyline bets

In sports betting, moneyline bets do not involve the point spread, and you must simply choose the winning team regardless of the point spread. For example, a soccer team that is favored by 3 points is typically -350 on the moneyline. On the other hand, a boxer or MMA fighter that is a 3-point underdog will likely have a higher payout than the runner-up favored by 7 points.

Parlay cards

Sportsbooks often offer parlay cards, which are bets made on multiple games at a single time. These cards come in different forms, such as point spread and moneyline bets. Most parlay cards are released a few days before the game, usually on a Tuesday or Wednesday. If one of your selections loses or ties, the whole parlay card is a loss. You can print out your own parlay card or use a subscription-based sports betting website.

Daily doubles

When you want to take advantage of value in horse racing, daily double wagering can help. Many standout runners are sent to unattractive odds. Consequently, many bettors will toss them on the premise that their chances of winning are not great. Using a Daily Double wager, however, can help you milk the money out of the favorite horse. Listed below are several ways to use Daily Double wagering in horse racing.