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As much fun because it is to watch sports events on television, it’s even more fun should you have a wager on your favorite team. Every time your team has a winning play, it becomes more exciting knowing that you’ve got money riding on the outcome. You may bet on sports such as basketball, baseball, football, tennis, hockey and soccer at sportsbooks, either physically, online or even in some instances, even throughout the smart phone. Conversely, betting on sport events may be complicated, since there are many types of betting you can make. Here are a few of the common bets that sportsbooks offer.
Straight Betting. Also referred to as a single, this really is the simplest sort of bet you could make. You simply bet on the team that you believe will win and the given odds will determine the amount you will win.
Point Spread. This really what is it worth the next most popular sportsbook bet. In a point spread bet, the oddsmaker gives the favored team a handicap as a way to make the two teams equally attractive to bettors. This handicap is called a spread and will likely be expressed as a negative number beside the favored team. In a point spread bet, you win in the event the favored team’s winning score is more than the spread. If you on the underdog, the wager pays off if the team wins or maybe if they lose by less than the spread.
Buying Points. When you buy points on a point spread, you pay an extra amount to move the spread. Hence, you acquire more points whenever you bet on the underdog or give away fewer points when betting on the favorite, that can spell the real difference between a winning or losing bet.
Parlay. Whenever you bet parlay, you’re betting on the outcome of multiple games. All of the teams you have bet on must win for your bet to pay off. If even one team loses the whole bet is lost.
Teaser. This is much like a parlay bet, except that points are added to an underdog’s spread or subtracted from a favorite’s. This increases the prospects of a successful bet but also decreases the odds, resulting in a smaller payoff if your bet wins.
Over/Under. You bet on regardless of if the total range of points scored by the two teams is over or under the total set through the oddsmaker.
