There are several types of sports bets, including Point spread, Moneyline, and Total. Each one has its own benefits, and you need to know how to make your picks. You can also find out the odds of each bet before you place your bet. Then you can place your bets with confidence.
Point spread
In sports betting, the point spread is the difference between two teams’ actual odds and their implied odds. Depending on the sport, this spread may go by a different name, such as run line betting or puck line betting. In either case, it provides bettors with a competitive edge and the chance to win more money.
Moneyline
When you bet on a sports game, the moneyline is an important tool to have on hand. The moneyline is the spread that is set by oddsmakers and sportsbooks on a particular team or game. It is generally indicated by a minus or plus sign. For example, if you bet on the Patriots, the moneyline would be -1.5. In contrast, if you bet on the Chiefs, the moneyline would be +1.5.
Total
Total sports betting is one of the more popular types of wagering on sports games. It doesn’t require you to choose a team or a player and only depends on the overall score. It’s also known as over/under betting and is available in most sports.
Prop bets
Prop bets are fun and exciting ways to bet on sports. They are similar to the first four examples but have an added element: you can place bets on a player’s total number of points or yards. Prop bets are based on player data, so you can look at recent game data to see what players are expected to do.