Exploring the Variety of Bets Available at Sportsbooks

Whether you’re a casual fan or a passionate punter, understanding the different types of bets available at sportsbooks like in2bet is essential for making informed decisions about where and how much to bet. In this guide, we will cover the common betting options at sportsbooks so that you can make your next wager with confidence.

Moneyline Bets: An Overview​

A moneyline bet is a wager on which team will win a particular game or event. The team that is favored to win will have a negative moneyline (-) associated with it, while the underdog will have a positive moneyline (+). For example, if Team A is favored to win an upcoming game against Team B, then Team A would have a -150 moneyline and Team B would have a +150 money line. To place a moneyline bet, you must pick which team you think will win the game or event and then place your wager accordingly. If you choose correctly, you’ll be paid confidently to make your next wager according to the odds associated with your chosen team’s moneyline.

Point Spreads & Odds Explained​

A point spread is a number set by oddsmakers to give an advantage or disadvantage based on the margin of victory or defeat for a given team. The favorite will have a negative point spread (e.g., -7), while the underdog will have a positive point spread (e.g., +7). This means that if you bet on the favorite, they must win by more than 7 points for you to win your bet; if you bet on the underdog, they can lose by up to 6 points and still cover the spread. Odds are used to determine how much money you can win from a bet. They are expressed as fractions or decimals, with higher numbers indicating greater risk and reward. For example, if the odds are 3/1, then for every £1 wagered, you would receive £3 in return if your bet wins. Conversely, if the odds are 1/3, then for every £3 wagered, you would receive £1 in return if your bet wins.

Types of Parlay Bets​

Parlay bets are a type of wager combining two or more individual bets into one single bet. The most common types of parlay bets include moneyline, point spread, and total (over/under) bets. Moneyline parlays involve combining two or more moneyline bets into one single bet. Point spread parlays involve combining two or more point spread bets into one single bet. Total (over/under) parlays involve combining two or more total (over/under) bets into one single bet. Parlay betting can be a great way to increase your potential winnings, as the payouts for successful parlay wagers are usually much higher than those for individual wagers.

Futures & Props for Advanced Bettors​

Futures are bets placed on events that will take place in the future, such as who will win a championship or which team will have the most wins at the end of the season. Props are bets placed on specific outcomes within a game, such as how many points a player will score or which team will score first. Both futures and props can increase your chances of winning but also have higher risks. When betting on futures, it’s important to consider factors like injuries, trades, and other changes that could affect the outcome of the event you’re betting on. With props, it’s important to research both teams involved to decide which outcome is more likely.