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The Most Popular Types of Sports Bets: Spread, Money Lines and Totals

Simple Guide to the Most Popular Sports Betting Bet Types

Sports betting is one of the biggest money making sectors in the gaming industry. Also, the practice of using online sportsbooks has been rapidly gaining popularity according to internet gambling surveys. Sports betting combines the sheer excitement that is associated with Sport with opportunity to earn a fortune off a wager. As a result, both sports fans and gaming aficionados have ventured into the sport betting arena.

There are various types of sports bets depending on the technique used to lay the bet and the sport involved. Here are some of the most popular sports bets that are both easy to understand and lucrative to use. These wagers also give bettors a more advantageous set of odds to deal with. These bets are used by both beginners and sports betting professionals because of their low risk rates.

Money Lines

Money lines are typically used to set up odds on individual player games like boxing, wrestling and tennis where it is impractical to use the point system. The odds are straight-up and are based on payouts for every single bet unit. This type of bet is also ideal for association football, hockey, auto-racing and baseball because these games have very small victory margins and it is highly improbable to formulate a point spread for each game.

In a point spread bet, one team is favoured over the other solely for betting purposes. The minus sign is an indicator of the favourite team while the plus sign denotes the underdogs. Also, a money line bet will cost you more if you bet on a favourite. In contrast to point spread bets, a money line bet only requires that the team wagered on should emerge victorious in the match. This form of betting is ingeniously constructed to incorporate a large sum risked in favour of the top teams of the season while offering higher payouts for the underdogs.

Spread Betting

Spread betting involves bets that are based on the difference between points scored by individual teams in a match (give or take a few points) and those points that have been assigned to the match by the sportsbook. For instance, if your favourite team’s score happens to be higher than the underdog’s, the bet is declared successful and the user makes money. Spread betting is relatively safer than other forms of sports betting as it affords the player considerable room for error and he can be somewhat vague in his estimate. Deploy spread betting methods when the outcome of a game is already known or there appears to be a clear winner even before the game has been played.

Totals

Another very popular form of sports betting is the total bet, which comprises the predicting of the total score of competing teams in a match. The idea is to bet on either the “over” option, which states that the game will go above a stipulated score, or the under option that states the score will fall below the specified total. This form of betting has better odds compared to the many of the other sports bets as the betting options are more truncated.