Smart Sport Betting Guide Understanding the Basics
Sports betting has been around for centuries and has grown in popularity in the recent years due to technology. Now you can place a bet online with your favourite sports book, or make a selection on your cell phone - all these at the comfort of your own home. Sports betting has never been easier in the history of mankind to bet on sports.
Sports wagering can definitely provide extreme fun and excitement to those passionate about sports and also the serious bettors getting a way to make smart money. Before one embarks on sports betting, it might be wise to understand the essential of sports betting.
In this article become familiar with the 8 basic terms and definitions popular in betting on sports.
1. Straight Bets
A straight bet may be the most common bet. This is where you wager about the same side to win. Straight bets could be made using either the point spread or the amount of money line or the game total to go over or under. The format of line will change according to the sport you are betting on.
2. Parlays
A parlay is a bet with two or more teams (events) where all teams must win. Because it is harder to predict multiple events than it is for an individual event, the payout odds increases because the number of included events increases.
3. Teasers
A teaser is really a special type of parlay in sports betting where you adjust the point spread or total of each individual play. Additional points are either either added to the underdog or subtracted from the favourite. The price of moving the idea spread (teasing) is leaner payout odds for winning the teaser wagers.
4. Props
In sports betting, a prop is a special wager offered by the sports book on unique and various topics. These wagers can be on sports, politics, and also trial outcomes. The wagers utilize the money line format of pay off odds and might included for example who scores the initial touchdown in the super bowl, or who will win another presidential election, or whether O. J. will be found guilty.
5. Futures
In sports betting, futures odds are posted in advance on the winners (a team or a player) of various major events or tournaments at the start of a season. The chances will change because the season or tournament progresses and it'll change in accordance with each team's performance in the series. Nevertheless the odds during your wager will remain in effect.
6. Total (over/under)
In sports betting, a total wager is to bet on the combined number of runs, points or goals scored by both teams during the game, including the overtime. You can bet Over - In sports betting the over is a sports bet in which the bettor guesses that the combined point total of two teams will undoubtedly be above a specified total. Or you can bet Under - With regards to sports betting a under is really a wager where the bettor guesses that the total points scored by two teams will undoubtedly be under a certain number.
7. Point Spread
In sports betting it is the predicted scoring differential between two teams as quoted by way of a sports book. A "line" is defined for each game by the odds makers. Favorites will have a - (minus) sign followed by a number, as the underdogs will have a + (plus), accompanied by a number. Here's an example NFL line:
Chicago + 7
Baltimore -7
Baltimore is the favorite and must win by 8 points or more to win. Should they win by exactly 7 points, the game is a "push" or tie, and you also get the level of your bet back. If Baltimore wins by 6 points or less, or loses the overall game, then the ones that bet on Chicago will win the amount of money.
