A lot of sports fans are familiar with the teams and the players, but when they see betting lines for the first time, they don't understand how to read odds. There is a bit of an art with reading betting lines but it’s really quite simple. From moneylines to point spreads to props, it becomes quite easy to understand odds once you get the hang of it. If you’re new to sports betting and online sportsbooks, in this article we’re going explain how to understand odds:
One of the most common types of sports bets you’ll find is the moneyline. So what is a moneyline bet? The moneyline is a type of bet that focuses on the outright winner of a game. If you haven’t heard this term or are not familiar with this bet type, we’re going to elaborate on the topic and explain to you what is the moneyline, how to calculate the payout and show you a number of examples of where it will come up in the sportsbook.
There are many ways to bet on the sports but one of the most popular ways for football and basketball is called the point spread. The point spread is a margin of victory and as a bettor, you determine which side will beat the margin. We’re going to elaborate on exactly what the point spread means, go over the lingo and give you concrete examples of spread betting, so that you have a full understanding of point spreads after reading this article.
While there are many ways to bet on sports, the most obvious is to pick the winner of the game. If you’re not sure of who is going to win the game, another option for you over under betting. If you’re new to this type of bet, we’re going to walk you through what is over under wagering mean and explain why you should consider this when betting on sports.
Bet a little, win a lot. That’s the ideal scenario when it comes to gambling as many bettors dream of hitting it big. One way to do that is with a parlay bet, which is a type of play where you need several outcomes to go in your favor. However, if everything goes as planned, you get to cash in big time.
Proposition bets – known as prop bets for short – are a type of wager that focuses mostly on the performance or stats of either a player or team. These types of betting lines give you the opportunity to bet on something other than just the winner or loser of the game. If you’ve been wondering what a prop bet is, we’ll run you through all of the different types that are available and explain them to you.
If you’ve been betting for a little while, you’re probably familiar with what a parlay is. However, what’s a round robin bet? If you’re completely new to sports betting, you might want to take a step back and read about parlays to get up to speed. If you’re good with the sports betting 101 stuff, in this article, we’ll take a closer look at what might be considered the 102 level and elaborate on round robin parlay bets and why they’re a useful tool to use.
One of the tricky parts of communicating in the sports betting community is talking about the amount of winnings. For a relatively new player, a $500 win might be massive whereas for professional bettors or for a gambling veteran, $500 might be a pittance. In order to get everyone on the same page, there had to be a way to describe a win that would be proportionate to each player depending on what they wager. That’s where units come in. If you’ve been wondering a betting unit is, we’ll elaborate in this article.