Different Types of Sports Bets in America
Different types of sports bets in America are various types of sports wagers that players can place at different sports betting websites in the USA. You need to understand the various types of sports bets in the USA to be able to get the best gambling experience. If you are new to betting on sports, you will need to read this guide to understand which wager to place when you are watching your favourite sports event. Even if you are a veteran at betting on sports, there are some sports events that may be new or tricky for people.
There are some people in the betting world who will tell you that some wagers are better than other. In fact, a lot of people ask, “what are the best types of sports bets?” That question is not easy to answer because no type of bet is better than another. The success of a bet depends on the person who is placing the wager.
Best Sports Betting Sites to Place Different Types of Bets
Money Line Betting Line USA
The money line bet can also be called the win bet. This wager is one of the simplest bets that you can place at the best sportsbooks in America. The Money line bet is not only placed in America; it is also part of the betting culture in many parts of the world. You will also hear some people refer to this bet as a straight bet in other countries. However, in the USA, a straight bet is used to refer to the spread, which we will discuss on this guide. Placing the money line bet is quite straightforward because all you do is decide which player or team will win in a particular event. For example, in a tennis match between Serena Williams and Venus William, if you want to place a money line wager, you would have to pick who you think will win the match. The sportsbook that you have chosen will show you the different moneyline odds for each player.
Points Spread Betting Line
In the United States, the point spread betting line is quite popular in the United States. The spread betting line is mostly placed on basketball games; however, they are not limited to that particular sport. If you enjoy football, you can also place a point spread wager at the best oddsmakers that we have recommended.
With this bet, you are wagering on which team or player will cover the spread. The sportsbooks on the internet will most often represent this type of bet with either a plus sign or a negative sign. For example, in a game between the New York Jets and the Baltimore Ravens, the sportsbook will decide which team is the underdog and which team is the favourite according to stats and public opinion. If the Ravens are regarded as the stronger team, their odds will be represented with a plus (+) sign. While the Jets will be considered the underdog and their odds will be represented in a negative (-) sign.
Handicap Betting Line in America
The handicap bet is another wager that is quite popular in the United States. This can be used for many sports events around the world. The Handicap wager is similar to the points spread bet. Points or goals can still be removed from teams and awarded for wagering purposes. However, the aim of this bet is not to make the different teams equal. The handicap wager is based on showing different options. Handicap wagering will effectively improve your chances of winning. For example, in a game between the Washington Wizards and the Charlotte Hornets, one of the teams will be handicapped.
There are three options that you can bet on in a handicap bet. You can either decide that the Wizards will win and then place a handicap bet on them. Or you can choose to place a wager on the Hornets. So, the sports betting sites in the USA will represent the odds of these teams as follows:
The handicap odds of the Wizards are:
- Wizards +1: 1.30
- Wizards -1:4:33
- Wizards -2:11.00
If you have placed a bet on the Wizards with the +1 means that they will be awarded an extra point for the purpose of betting. While placing a bet on -1 for the Wizards would means that a point will be taken from them. There is also a third option where you can choose to place a wager on a draw outcome. Wagering on a draw has a smaller payout rate than the other betting options.
Totals/Over and Under Betting Line
The totals and Over Under bets are two terms that are used for the same type of wager. Some regions in the United States will use totals bet while other areas will use Over/under bet to refer to this bet. This type of bet is highly-rated amongst sports betting fans because it is quite simple. All you have to do is decide whether the goals or points scored by both teams will be over or under the actual record.
So, the sportsbook will predict the final added score of a particular game. All you have to do is place a bet on whether you think the final score will be over or under the number that the sportsbook has offered. The over/under sometimes does not reflect the actual final score. For example, in tennis, the bookmaker will set the over/under bet based on the number of sets played instead.
Parlay Betting Line
You will also hear people refer to the parlay bet as the accumulator wager. But they are all the same thing. Parlay wagers are combined wagers. Instead of sports bettors betting on one event, they will also choose multiple events and bet on those events.
This bet may be tricky to win, especially for first-time bettors because each team that you choose to bet on must win the particular event. You need to be absolutely accurate when it comes to this bet. For example, if you have bet on 5 teams in a parlay, all those five teams that you have placed wagers on must win.
A parlay bet does not have to include many teams. You can bet on two teams. You can even bet on golf players or MMA fighters or race car drivers. Whatever your preference is, you can use the parlay bet to wager on different sporting events.
Futures Betting Line
A futures bet is a wager that you place on events that will happen in the future. For example, you can place a bet on which team will win the playoffs. The sportsbook will offer bettors the different options available in the regular season, as well as the odds of the various teams. You can bet on large events such as the NBA Finals, Superbowl or the World series.
If you choose to place a futures bet early on in the season, you should be aware that the odds are most likely going to be greater. This is because a lot happens during the regular season that affects the final outcome. A key player may get injured during a single event. His absence from the team may affect the team’s stats and standing in the league.
Proposition Betting Line
You most likely hear people refer to this bet as a prop bet. These wagers are not supposed to be serious. They are meant to be fun for bettors. When you place this kind of bet, your hope is to win, but, in most cases, you are not expecting a win.
When you place a prop bet, you can literally bet on anything imaginable at a sports event. For example, you can bet on which team you think will bet first. Or you can place a wager on which baseball player you think will score a home run first in a baseball game.
Teasers Betting Line
Teasers are some of the most complicated wagers on the internet. The teasers bet is similar to the parlay bet because you place a wager on the outcomes in various sporting events. However, the teasers bet is slightly different because you can shift the odds to your favour by altering the spread. For example, let’s pretend there is a game between the Los Angeles Lakers and the Miami Heat the odds of each team will be represented as the following:
- Los Angeles Lakers: +7 (+140)
- Miami Heat: -7 (-130)
That would be the first step in the teasers bet. However, since this wager is similar to the parlay bet, there has to be other events that you can bet on, for example:
- Houston Rockets: +4.5(+115)
- Orlando Magic: -4.5 (-110)
- Indiana Pacers: +8 (+150)
- Atlanta Hawks: -8 (-140)
Then let’s say you want to bet on the Pacers, Lakers as well as the Rockets you can alter the spread so that the odds are in your favour. You can do this by betting a 4-pint teaser. If you did this, the odds would look like this.
- Los Angeles Lakers: +3
- Miami Heat: -3
- Houston Rockets: +0.5
- Orlando Magic: -0.5
- Indiana Pacers: +4
- Atlanta Hawks: -4
The spread that has changed gives you a chance to win a single game. However, you must remember that all your chosen teams have to win in order for the bet to payout.