What Types Of Bets You Can Choose From In Sports Betting?
For people who love playing sports, betting on it is a haven. Today, you will access well-known licensed betting sites like SBOBET, where a player can quickly start their sports betting journey with minimal bets and high winning odds.
Therefore, one thing that makes sports betting more exciting and thrilling is the number of bets available. Now the players don’t have just one stake where the team will place the stakes to win the game, but a player can easily bet on margins. Thus, for your guidance, here is the list of different types of sports bets.
- Money line bets
Money line bets are the most common and straightforward bet you find in sports betting. Whenever a player bets on the team’s money line, you are betting on the team to win the game.
- Point Spread
A point spread bet is another sporting bet in which a player bets on the team’s margin of victory instead of placing bets on the team’s final result. This betting is through a minus symbol. In short, if the sign of the margin of victory is minus, then the team will win by more than the points in front of minus.
After Money line bets and Point spread bets, another bet in sports is total. These bets are known as over/under. The player is betting the team’s total to go above or under. Total bets mean betting on the combination of points scored by both teams.
For example, imagine one team has 20 points, and another group has 15 points, then the bettor will place bets on the combination of both, that is 35. However, in this bet under means that you have won the bet.
- Parley bets
Parley bets are multiple winning bets. This bet often confuses sports bettors, but it is pretty simple. If a parley wants to win, then every parley present in the games needs to succeed. For instance, there are four members in the team, and 3 of them win the match, and the fourth loses the battle, then all the members are out of the game.
Teaser bet in sports is quite similar to parley bets. This single bet is compiled with multiple stakes, but the only difference is that this bet is for point spreads. In this net, the players need to have the same payout as that regular bets.
- Prop bets
Prop bets are not tied to the game’s final score but are a bet on the player’s performance. For instance, if you place a bet on a match, the bettor won’t put the bet on the whole team. Instead, you need to place a bet on the particular player who you think will possibly make the team win.
- Live bets
As the name implies, players place these bets when the game is begun. Live betting is quite fun as sports’ odds keep changing according to movements that will happen next in the game.
These are some common types of bets you will access in sports betting. Every bet is different, and you can take full advantage of these bets to improve your winning chances.