Online Sports Betting
Sports betting online have caught on with many sports enthusiasts and it is by far one of the most popular forms of betting in the world. No doubt by placing a decent wager at any of the online sportbooks to root for your favorite team as you follow the event on your screen is simply a better way to enjoy sport. But if you new to this sports betting, it is sometimes easy to get confused with the many betting jargons and the different wagers types. The following is a simpleĀ sportsbook guide to help you equipped with all the right information when you decide to give sports betting a go!
Betting lines and wagers
The betting lines are the essence of sports betting. Take time to learn the lines and wagers, you have to get comfortable with them.
Spread
You put a wager on a spread wager when you bet for or against any preset points spread determined by the bookmakers. Spread wagers are offered at even money odds with a small commission deducted for the sports book.
Money Line
This is another form of bet that is popular with punters. Money Line Wager is a straightforward proposition without pre-set points spread. You simple pick which team to come out winner. However odds and payouts can vary quite a lot, depending on what team is more likely, or favourite, to become winner! Study these carefully as some can be fair deals while others are to be avoided at all costs.
Over under
The over under wager is designed with simplicity in mind, but this wager is not offered all the time. With this wager type you simply have to decide of final score of a game will be over/under a certain number.
Other Wagers
In addition to the wager types mentioned above, there are also a number of more complex wagers that can be both interesting and profitable. However these wagers make up the more complex or sophisticated bets and need to be studied carefully before you put money on them. Quite a few of them are the so called longs shots and these would cost you a fortune if you fail to exercise caution.
Parlay
In parlay you bet on the outcomes of multi-games. The pay out can be huge if things go your way. Again, thread carefully on parlays as the chance to be correct in all games is very low!
If bets
If bets is a slight variation of parlay in that you are still placing a wager on multi-games, but the wager would continue only if your first bet wins or ties. Check with your sports book for their IF bet variations.
Teaser bets
Teaser bets are like mini-parlay bets. Your objective is to collect as many points as possible for the various points spreads games you are betting on, but for a lesser payout. Teasers can start from two and increases up to eight points, so you just add the corresponding points to the spread for each game.