The thrill of sports betting is unmatched. Emotions rise and fall along with those of the athletes on the field. Adrenalin pumps as you place a bet, optimism can go through the roof and triumph is sweet — as well as lucrative. So, it’s no wonder wagering on sports has ballooned in popularity as more and more states have legalized the practice.
Below learn about the most popular types of sports bets you can make:
Moneyline Bets
A moneyline bet is a sports wager on which team will win a particular game. The moneyline wager is the most popular in NHL betting and MLB betting, but exists also for NBA betting, online football betting and other sports. In this type of bet, the payout is the same regardless of how many runs or points the team you wagered on scores.
Point Spread Bets
Point spread betting is the most popular way to bet on the two most frequently wagered upon sports in the United States, namely NFL betting and basketball betting. The basic idea behind point spread betting is to make the sports game closer to a 50/50 proposition by adding a handicap.
Totals – Over/Under Bets
Totals betting, also known as over/under betting, is one of the easiest sports bets to understand. Here you bet on whether the total number of points scored by both teams combined during a game will be over or under the posted betting total.
Futures Bet
As the name implies, a futures bet is a wager that will occur later on in the sports calendar rather than that same day. Examples of futures are odds to win the Super Bowl, odds to win an award like Most Valuable Player or, in entertainment, odds to win the most Oscars at the Academy Awards.