Sports Betting 101 – Understanding the Different Types of Bets in Sports Betting

sports betting

If you’ve ever watched a game and placed a bet, you know that there are many ways to place a bet. There are moneyline bets, parlays, and futures bets. Understanding which bets are the best choices for you will help you place a winning wager.

In-play sports betting

The study examined in-play sports betting and related gambling behavior. It found that people who favored in-play betting were more likely to be employed, younger, and from different socioeconomic backgrounds. In-play bettors were also more likely to be female and younger than their male counterparts. These findings support the fact that in-play gambling has many health risks, including problem gambling.

One way to determine the risk of in-play sports betting is by calculating the average stake per bet. This figure is calculated based on the average stakes per day across all betting days. A large majority of in-play bettors place at least a few bets per day.

Futures bets

A futures bet involves placing a bet on an event that is likely to happen in the future. These bets can be for a specific game or multiple games over the course of a season. These bets can be lucrative and offer plenty of opportunities for profit.

Futures bets are popular in almost every sport. For instance, you can bet on the winner of the World Cup, the NCAA Tournament, or the CONCACAF Gold Cup. You can also place a bet on individual player statistics, such as the highest goal scorer in each league or the goalkeeper with the fewest goals conceded.

Moneyline bets

Sportsbooks prepare moneyline odds based on the implied probability of the game. The lower the implied probability, the more favorable the odds are. However, because sportsbooks must make some money, they include a commission fee (vig) when calculating the odds. This fee helps them cover their costs of accepting bets, even if one team wins.

There are a few basic types of moneyline bets. Those who want to take a low risk approach may want to choose over/under or total runs scored in a game. These two types of bets have the same pay-out, but they place a greater emphasis on the outcome of a game.


Parlays in sports betting are known by several different names. These include accumulator, multiple, and combo. These wagers are usually similar to a single bet, but have additional features. The first is that the stake is usually higher than the odds for any single wager. The second is that the odds on the parlay are combined.

Parlays can include multiple sports and different leagues. If you have a favorite sports team, you can place a parlay on the team that is expected to win. Parlays can also include different types of bets, such as moneyline, spread, and totals. Online sports betting sites also allow you to combine wagers from multiple sports.