Different Types of Sports Bets
There are many different types of sports bets that can be made on a variety of different sports. Here is a look at some of the most common types of sports bets.
Straight Bet:
A straight bet is the most common type of sports bet. With this type of bet, you are simply betting on a team or individual to win a particular game or event. If your team or individual wins, you will win the bet. The point spread is the most common form of this bet. For example, if you bet that Team A will beat Team B by ten points, you would win your bet if Team A won by more than ten.
Point Spread Bet:
A point spread bet is a bit more complicated than a straight bet. With this type of bet, you are betting on a team or individual to win or lose by a certain amount of points. For example, if you bet on a team that is -7, you need that team to win by more than 7 points for you to win your bet.
Money line Bet:
A money line bet is a bit different than a straight bet or a point spread bet. With this type of bet, you are simply bet on ufc canada team or individual to win the event outright. The odds will be expressed as a positive or negative number. A positive number means that the team is favoured to win and a negative number means that the team is an underdog.
Parlay Bet:
A parlay bet is a bit more complicated than a straight bet or a point spread bet. With this type of bet, you are actually placing multiple bets on multiple games or events. If any of your bets lose, then you lose the entire parlay bet. However, if all of your bets win, then you can win a large amount of money.
Teaser Bet:
A teaser bet is similar to a parlay bet in that you are placing multiple bets on multiple games or events. However, with a teaser bet, you are able to adjust the point spread or totals in your favor. For example, if you bet on a team that is -7, you could adjust the line to -3.5. If that team then wins by more than 3.5 points, you will win your bet.
Point Spread:
A point spread is a type of bet where you bet on the margin of victory for a team. For example, if the Seattle Seahawks were playing the Green Bay Packers, and the point spread was set at 3 points that would mean that if you bet on the Seahawks, they would have to win by more than 3 points for you to win your bet.