Types of Bets

4 Common Types of Sports Bets

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4 Common Types of Sports Bets

The whole process of betting on sports can be overwhelming for new punters. With so many types of sports betting that should be learned, it can cause a lot of confusion. That is why understanding the difference between all the sports bets available is necessary in order to have successful results.   

 

Sports Bets

Courtesy of Theshellgame

The sports betting market is constantly growing, and that is why bookmakers offer a range of bet types to encourage punters. The value of these offers all depends on the kind of bet and the sporting event. Some bets work well with football, while there are bets that are great for basketball. It will all rely on statistics and your strategy as a bettor.  

 

Sports Bets TypeCourtesy of Legit Gambling Sites

 

If you are a beginner, In order to understand betting on sports games, you need to learn about the common types of betting:

Moneyline Bets

These are one of the simplest types of sports bets. This is when you only wager on who will win the game or event. That is the only thing that you’ll have to do because it won’t depend on how the team or player wins, or the points, runs or goals. The only criterion that has to be met is that you picked them to win. 

Spread Bets

These bets are also known as points spread or handicap betting. This is also a popular type of betting where it allows the punter to wager on the team that they think will do a better game than what the sportsbook expects. It won’t depend on who will win or lose the game, but who will be the one who outperforms the other.

Parlay Bets

These are one of the trickiest types of bets, but nothing is more rewarding than having a successful parlay bet. It combines two or more individual bets, and the only way to win is if all of the bets are winners. If a single one loses, then the entire wager will fail. The great thing about this bet is that you’ll get higher returns than if you had made single bets.

Over/Under Bets

These are also called total bets. These types of bets will allow you to wager for both teams because it involves betting on the total number of points, goals, or runs scored by them in a game. There is a specified number where you can either bet on over or under. Thus, in this wager, you are betting on the flow of the game or event.

There are many other types of sports betting that you should learn, but in the meantime, you should consider those mentioned common sports bets, especially as a new punter.

If you want to start today, you can check us out at VOdds! You can find free sports betting tips and strategies by registering an account with us. Forget about being a beginner and become a smart punter with our assistance. 

  

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