The different types of sports betting add a variety of spice to the fun activity. And with sports betting legalized in some countries, sports fanatics and gamblers can enjoy betting unhindered. You can bet on games ranging from team sports like football and basketball to one-on-one matches like tennis.
If you’re a beginner at betting, you may be a little confused about the types of betting options to wager. Different betting sites like PlayAmo offer you betting varieties, so you’re not just stuck with betting on teams or players. So after you register and log in ( you can search online on how to log in to the site, like PlayAmo login, you may need help figuring out where to go next. In this article, you’ll learn the fundamentals of some of the different sport betting types.
Money line bets
It may also be called a straight bet or a winning bet, depending on what part of the world you are. A Moneyline bet is the simplest type of bet in sports betting. You need to pick a side and bet on them. So, where it’s a team game, you bet on one team you think will win, and where it’s a one-on-one game, you bet on the player you believe will win. If the team or players you bet on win, you win the bet. It’s the straightforward and most common type of bet.
Point spreads
This is another classic betting form that takes you out of conventional bets. So instead of betting on a team or player, you’re betting on which of them will ‘cover the spread’. Covering the spread is a term that means one team crossing a margin of victory set by the sportsbook. Every game has an underdog and favourite, and the choice is expected to beat the underdog. However, what you bet on is how much the favourite win or how much the underdog loses. In this game, there’s already a prediction by the bookie, you bet on how many points the winner wins or the loser loses.
Parlays/accumulators
Parlays are risky bets compared to your typical chances, but they are more fun. You can wager on more than one match or event on different games at once, but this type of bet is usually played by experts who have skills in betting. For instance, you can bet on Chelsea beating Manchester United, the Arizona Cardinals beating LA Rams, and the New England Patriots beating the Atlanta falcons. The exciting and risky part is once one of your selections loses, you lose the bet.
Over/under bets
This bet involves betting on whether a score total set by the bookies for a game or event will be over/under. For example, where the sportsbook set the over-under total as 52.6 for the game’s total score, you have to bet on whether the game’s total score will be under or over that. Here, you’re not worried about what sides win but their total score at the end of the game.
Prop bets
These bets are not wagering on the final score but on something that may contribute to it. For instance, you can bet on what team will score first, each player’s touchdowns score, etc. Prop bets are usually presented in the over-under form.
There are more types of sports betting than are mentioned, but you can start with the few above. Also, if you’re a bettor and have been wagering one kind of bet, you should switch it up a little.