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Different Types of Bets in Sports Betting

With cutting-edge technology and Internet accessibility, online sports betting have set a new phenomenon in the industry. Previously, people used to enjoy spot or televised betting, but now things have changed dramatically, and we find bettors enjoying it through the use of the Interwebs. Starting from basketball, football, baseball, F1 and NASCAR races, tennis to big fat horse racing and more, online sports betting lets you enjoy the thrill and enthusiasm of the industry.

Proposition Bet

A proposition bet is a type of bet which the sports books offer at odds and conditions of its choosing. A prop bet can be incongruous bets like which team will shoot the most free throws, which team will score the more touchdowns, etc. Most of these bets are offered at 11-10 odds, but some may be offered at better or worse odds, depending on the bet.

Money Line Bet

A money line bet is a bet on the odds for a straight up proposition bet or the straight up total of an event. There are two totals given here: a negative and a plus side. Example:

Lakers -170

Celtics +150

Based on the above example, a bet of $17 you wager on the Lakers, you win $10 if the team wins. For every $10 you bet on the Celtics, you win $15 if they win. UFABET

Spread Bet

This is one of the more common bets to make. This is basically a proposition bet where the conditions are you give or take points on the team you are betting on, hoping that the modified total of your team’s score beats the other team’s straight score. The underdog team is always given the modified additional score to try to even out the odds against the favorite team.

Over-Under Bet

This bet is done not on which team will win the game, but on the final score after the game. If the total posted on a game is 43.5 points, then you can bet that the total score of both teams added together will be either over or under the posted total.

Parlays

A parlay is a bet on the outcome of two or more events, and getting a higher payout than betting on the events separately. The drawbacks are the odds aren’t right and you must win all of the events to win the parlay.

Teasers

A teaser bet is a bet where you can move the spread by a set amount, but have to pay to do it. You must bet at least two teams like a parlay and win both. You can move the spread on all the games by the set amount.

There are many different types of sports bets around that can be made over an extensive range of sports. You just need to know which type suits you best. Based on the nature of certain sports, some bets work well with it while others do not.

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