Types Of Bets People Love Most

Sports wagering can be as simple as betting on a particular team to win, or it can be a complex process where you try to make much more detailed predictions. Today’s punters love the fact that sports betting involves a wide range of wagering opportunities, and if you’d like to learn more about the most popular types of bets, this guide is perfect for you.

Moneylines

Moneylines are the most common bets out there, and the simplest ones, too. Basically, when you’re wagering on a team’s moneyline, you are betting that the team is going to win. Moneylines are always among the first bets listed for a specific match in a sportsbook. When reading moneylines, it is important to know that the plus sign is placed next to the team that is considered the underdog, while the minus sign indicates that the team in place is the favourite.

1×2 Bets

As opposed to moneylines that only have two betting options, 1×2 bets actually have three: one side winning, the other side winning, and the game ending in a draw. Such bets are hugely popular in sports such as football that allow the possibility of a draw. The 1 here refers to a home win, the 2 stands for the away win, while the X marks the draw. This type of wager offers a lot of exciting options, and in order to master it, you can find 1×2 betting explained here in detail. And once you master the new strategy, you can use it in sports like basketball, rugby, ice hockey, volleyball, and cricket.

Point Spreads

Point spreads are particularly adored by savvy bettors because they sort of even out the playing field. Therefore, in point spread betting, the underdog gets extra points. When you choose this option, you are actually betting on a team’s victory margin instead of the final result. For example, if the team you’re betting on is priced at -5.5, they need to win by more than 5.5 points in order for your wager to be successful.

Parlays

Parlays occur when you combine multiple options in a single bet. And in order to win, each component of the bet needs to go through. So if you create a parlay that consists of three different bets and only two of them turn out to be successful, you won’t be able to cash out. The main reason why punters love parlays is that they allow them to wager a small amount of money and still have a chance to score a significant win.

Point Totals

Point totals are another popular option in sports betting. They are frequently referred to as over/under wagers because here you are betting that the total number of points is going to be over or under a certain threshold. As for the points, you will be betting on the total amount scored between both teams. For example, if the point total is set at 47.5, and the game ends with a total of 50 points, the winning bet will be the above.

Prop Bets

A prop bet, also known as a proposition, is not directly attached to the final score of the game. The most commonly used types of propositions are game props and player props. A game prop happens when you bet on a particular event that you think will happen during the match. For example, you can bet on team A scoring at least 15 points, or you can try to predict which team will score first. On the contrary, a player prop refers to the outcomes based on the performance of a single player. For instance, you can bet on the number of passing yards a quarterback will score in football, or whether a player has a double-double in basketball.

Live Betting

Live gaming is one of the greatest trends among today’s players, and sports betting is no exception. A live bet is a bet that you place after a game has already started. Therefore, you can literally watch the game and place new wagers according to the latest events in the match. Of course, the odds will be changing based on what is happening in the game, and that is the greatest appeal of live betting. Live betting supports all the most common wagers like moneylines, totals, and spreads, as well as many other more complex options.

Sports betting involves a great selection of bets, but in order to be successful in the process, you need to find the options that match your skills and preferences. Now that you have a good understanding of the most popular bets out there, you can start picking your favorite ones and begin making plans for some exciting wagers.

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