Types of Sports Betting

sports betting

If you are interested in sports betting, you can find various odds on a variety of sports. You can choose from Over/Under, Futures, Moneyline, and Tie bets. Each has its own set of benefits and drawbacks. Before you start betting, learn more about the types of betting options available.

Over/Under

Over/Under sports betting can be a good way to predict the outcome of a game. It is a simple concept, but there are a few factors to consider before making a bet. The key is to understand the situation of a game and compare it to the teams’ recent performances.

Futures

Futures in sports betting are a great way to lock in your bankroll for an entire season. They are posted shortly after championship games, and change throughout the season. Futures offer a wider variety of wagers and a higher chance of winning. These bets are typically listed in terms of implied probability, and a positive futures line means that a team or individual is likely to win. Conversely, a negative futures line means that the team or individual is more likely to lose than win.

Tie

A tie in sports betting is an event when two teams or individuals have the same number of points after regulation. This outcome is rare in most sports. In baseball and basketball, the game continues until a winner is determined, while hockey has a shootout to break ties. Even in football, ties are possible, although new overtime rules have made them less common. Soccer, on the other hand, consistently delivers ties.

Under

While most bettors favor betting over in a game, you can also bet under. It is more profitable and can be a fun option. Sportsbooks often list over/under numbers around 8 for most games. The number can fluctuate throughout the year.

Tie-ins

Tie-ins in sports betting are wagers that do not result in a win or a loss. When two teams finish with the same number of points, they are considered ties. This type of bet is not popular in most sports. In baseball and basketball, the teams continue playing until one team wins, while hockey uses a shootout to settle ties. The NFL has also had ties in the past, though new overtime rules make it harder to score a tie. Tie-ins are more common in soccer, where soccer matches are more likely to end in a tie.

Prop bets

Prop bets in sports betting are wagers that are different from straight wagers. They are popular among casual bettors and offer a different level of betting value than standard wagers. They are not as profitable as straight wagers, but they offer a positive expected value.

Futures bets

Futures bets in sports betting are similar to prop bets. They are both recreational betting markets, with higher juice than straight wagers. Some futures markets charge 25 percent or more for the bets, so they’re not exactly the most profitable bets. However, many of them still offer +EV, meaning you can earn some money even if the team or individual you bet on loses the game.

Point spreads

If you’ve been betting on sports games for a long time, you’ve probably come across the concept of point spreads. Point spreads are the odds that a team is expected to win a game, regardless of its opponent’s performance. But how do point spreads affect sports betting? Here’s a quick breakdown of the concept and how to use it in your betting decisions.