Sports Betting 101

sports betting

If you are new to sports betting, you can start by learning the basics of how to place bets. There are several different types of sports betting, including Over/Under, Parlay, Money line, Futures, and parlays. Once you have mastered these types, you can move on to more advanced techniques. This article will show you how to make smarter, more informed bets. You can also use your newfound knowledge to place parlays and bet on more teams and sports.

Over/Under betting

In the world of sports betting, Over/Under is one of the most popular options. Over/Under sports betting involves betting on the total number of goals scored in a game. It’s great for neutral bettors or those who don’t care about the players or teams. It can also be good for those with insider knowledge about a game or a team. However, many sportsbooks don’t offer this type of betting.

Parlay betting

If you love to bet on sports, you may want to consider parlay betting. This type of betting involves betting on multiple games with positive expected values. Parlays have higher variance than straight bets, and as a result, are more likely to lose money. This type of betting is more popular in Las Vegas than in other sports betting jurisdictions. You can also find great odds on straight wagers if you are careful when shopping for the best price.

Money line betting

Many factors affect moneyline betting in sports betting. For example, if an NFL team is facing a pass-catching running back, moneyline odds could be skewed. The loss of a star player can cause the moneyline to shift significantly, and the sportsbooks will often adjust the lines to reflect this. The same applies to NHL teams, where the moneyline can also be skewed by a team being on a man-down or being a short-handed team.

Futures betting

In order to maximize your winnings, you must learn how to properly hedge your bets. Although futures betting may seem like a risky way to play sports, it’s a good way to get involved in the season without blowing your entire bankroll. The following are some tips to keep in mind when placing your bets in the futures market. You should always remember that the price of futures will vary from book to book, so you should take the time to compare prices from different sportsbooks.

In-play betting

There are several ways to make money with in-play sports betting. You can bet on different games within a single game to increase your odds. You can also use hedging to minimise your exposure to losses. The best way to be profitable with in-play sports betting is to follow a strategy and stick to it. Often, a good bet is available for a few seconds during a game. By following this strategy, you can increase your profits by a lot.