Basics of Online Sports Betting – Learning the Specific Bets
With the popularity of Top Online Sportsbooks continuing to grow, it’s important to have a basic understanding of the different types of bets that are available. This will allow you to make informed decisions and give you a better chance of winning your bets.
The three most common types of bets are the money line, the point spread, and the total.
Moneyline:
A Moneyline bet is simply picking which team you think will win the game. The odds will be expressed as either a positive or negative number. A positive number means that the team is an underdog, and the number represents how much you would win if you bet $100. For example, if the New England Patriots are +300, that means they are an underdog. If you bet $100 on them and they win, you would win $300.A negative number means that the team is a favorite, and the number represents how much you need to bet to win $100.
Point Spread:
A point spread bet is a bet on the margin of victory. The favorite will have to win by more than the margin, and the underdog will have to lose by less than the margin, or win the game outright, in order for you to win your bet.
The margin is expressed as a number of points, and the odds will be expressed as either a positive or negative number. A positive number means that the team is an underdog, and the number represents how much you would win if you bet $100. For example, if the New England Patriots are +7, that means they are an underdog. If you bet $100 on them and they win by more than seven points, you would win $100.A negative number means that the team is a favorite, and the number represents how much you need to bet to win $100.
Total:
A total bet is a bet on the combined score of both teams. The odds will be expressed as either a positive or negative number. A positive number means that the team is an underdog, and the number represents how much you would win if you bet $100. For example, if the total is 41 and the New England Patriots are +7, that means they are an underdog. If you bet $100 on them and the total score is more than 41 points, you would win $100.
