As a sports bettor, it’s vitally important that you gain a solid understanding of all available bet types such as moneylines, point spreads and totals in order to make more informed wagers. This knowledge includes moneylines, point spreads and totals.
Moneyline bets are among the easiest betting options to understand and are typically listed first when betting on sports games, offering simple odds. Unfortunately, moneyline bets have a lower winning chance than other bet types.
Over/Under bets
Bettors placing Over/Under bets wager on whether the final score of a game will exceed or fall below what has been predicted by their sportsbook. Odds on this type of bet vary according to sport; generally they range between goal totals (in soccer and hockey) or points totals (for NFL/NBA betting). Most bet types can be combined together into parlays; some may not due to correlation issues.
An odds sheet or app for sportsbooks typically displays three main forms of bets: moneyline, spread and total (also known as Over/Under). Betting the Over means you are predicting both teams will combine to score more goals, points or runs than is listed; those betting the Over will typically look for factors such as defensive strategy or whether the team boasts a power-hitting infield when making this bet. Payouts from parlays increase as more bets are added, yet individual odds decrease with every bet added compared with individual bets placed.
Parlays
Parlays combine several bets into a single wager that offers greater payouts than individual bets but with much lower odds of success than hitting straight bets individually.
Addition of a moneyline bet can increase the total payout of your parlay bet. These types of bets don’t involve point spreads or handicapping; rather, their outcomes depend on overall team performance; for example a $10 bet would yield $5 in winnings if one team is at -200 on the moneyline.
Moneyline bets offer more flexibility than point spread or total bets when betting on football games; they can even be combined with parlays; however if any leg of the parlay loses, then all is lost and no refund given.
Moneyline bets
Moneyline bets are one of the easiest forms of betting and give bettors the chance to make large wins more likely, though higher payouts increase risk. To increase your chances of a Moneyline parlay win, study odds carefully and look for patterns. You can use a parlay calculator to assess just how much profit can be won with specific bets.
Money line odds are displayed on sportsbook websites with positive and negative numbers that correspond with each team and underdog respectively, representing their payout ratio for successful wagers and helping you to determine which teams have greater chances of victory.
Handicapping refers to using analytical research, betting trends, and any other knowledge to eliminate guesswork from moneyline bets and to accurately evaluate potential payouts of bets – making it simpler for you to identify whether they meet your value thresholds.
Parlay calculator
Parlays are an increasingly popular wager in sports betting, enabling bettors to combine multiple bets into one with the hope of receiving a higher return. But all legs on a parlay must win for it to pay out; using our Parlay Calculator for making informed bet decisions and to convert odds and view potential payouts is key in making informed bet decisions.
Parlay bets encompass money line, point spread, and totals wagers on some of North America’s most beloved sports (NFL, college basketball, NBA, and baseball). As more bets are added to a parlay bet, your chances of success increase while simultaneously the risk increases.
Some bettors opt for smaller parlays when they feel confident about two or three bets, while others chase bigger wins with long-shot parlays. Both strategies can be useful, though be sure to choose a sportsbook with competitive lines, such as correlated parlays where success in one bet increases its odds in another bet.
