What types of sports bets are available?

Point Spread Betting

Point spread betting is the most popular type of sports bet. In this type of bet, the sportsbook sets a point spread for a game, which is the number of points by which one team is favored over the other. Bettors can then wager on either team to win, with the favorite needing to win by more than the point spread for the bet to pay out.

Moneyline Bets

Moneyline bets are the simplest type of sports bet. In this type of bet, the bettor simply picks a team to win the game outright. The odds for a moneyline bet are usually expressed in terms of the amount of money that must be wagered to win a certain amount. For example, a bettor may have to wager $100 to win $200 if they pick the favorite to win.

Parlay Bets

Parlay bets are a type of sports bet that combines multiple bets into one. In a parlay bet, the bettor must correctly predict the outcome of multiple games in order to win the bet. The odds for a parlay bet are usually much higher than for a single bet, as the bettor must correctly predict the outcome of multiple games.

Futures Bets

Futures bets are a type of sports bet that involves predicting the outcome of a sporting event that will take place in the future. For example, a bettor may place a futures bet on which team will win the Super Bowl before the season even begins. The odds for a futures bet are usually much higher than for a single bet, as the bettor must correctly predict the outcome of a future event.

Prop Bets

In addition to these four types of sports bets, there are also prop bets, which are bets on specific events that occur during a game. For example, a bettor may place a prop bet on which team will score the first touchdown in a football game. Prop bets are usually much more specific than other types of sports bets, and the odds for these bets are usually much higher.