The Different Types of Sports Bets You Can Make

There are various kinds of sports bets you can place. Each differs in terms of its bet type, payouts and risks involved.

Moneylines are the go-to bet when it comes to sports betting, offering an easy and straightforward method of placing bets. They’re ideal for beginners looking to break into this field.

Parlay bets

Parlays are one of the most widely utilized types of sports bets, offering multiple odds and outcomes into a single bet that requires winning all your selections to succeed.

Parlays can be fun to play, and betting small amounts may prove profitable – however they should only ever be considered an unstable long-term bet and bettors should always consult their betting rules prior to placing a parlay bet.

Many online sportsbooks now offer correlated parlays that combine sides and totals from multiple games into one wager, providing an excellent way to increase the value of your parlay without needing too many picks.

Teasers

Teasers are a type of parlay betting strategy that allow you to alter point spreads and totals in your favor, giving you control of point spreads and totals for both football and basketball games at online sportsbooks. You can create teasers for both games simultaneously!

Teasers can also be placed on other sports, including golf and tennis. But it should be noted that this form of gambling may not be as profitable and can even increase risk.

Teasers are especially prevalent in football and basketball games that end with plenty of points scored, which provides ample opportunity to tease lines significantly in your favor. Teaser bets offer one great strategy to ensure success on these sports!

Pleasers

Sports betting provides many different kinds of wagers to make. Some are more thrilling, while others provide greater chances for you to win consistently.

Pleaser bets are among the more intriguing forms of sports gambling, allowing you to alter spread or totals lines in your favor while decreasing payout.

Complex bets such as parlays and teasers require greater skill to execute successfully, yet can bring in much greater returns. Therefore, these wagers are best used by experienced sports bettors looking to increase their odds of securing larger winnings.

Futures bets

Futures bets offer an exciting way to place bets on events or tournaments taking place in the future, making futures bets popular among many sports such as basketball, football, hockey and soccer.

Be mindful that futures odds can fluctuate drastically throughout a season due to injuries, roster moves and other factors – it is therefore advisable to shop the lines at various online sportsbooks so as to get the best odds for your bets.

Futures bets offer an exciting and lucrative way of betting on long-term results, typically offering better payouts than single game bets as outcomes are usually determined at the conclusion of seasons or tournaments.

Spread bets

Spread bets are one of the most prevalent sports betting options available to you. Most commonly associated with football and basketball, spread bets also appear across other disciplines.

Spread is the estimated margin of victory between teams, so in order to bet successfully your selection must cover this margin.

Example: If the New England Patriots are favored by 7.5 points against Kansas City Chiefs, they must either narrow the deficit or win outright.

Underdogs face the opposite situation – they must beat the spread by a certain margin or risk being defeated by it.