Moneyline: It’s one of the most simple sportsbook bets to make. When it’s offered for a game—and it isn’t always if the spread is overwhelmingly in one team’s favor—you are picking which team will win. The caveat is that each team is given odds of winning.
A team that is favored will return less than $10 on a $10 bet. A team that isn’t will return more on that same bet.
Over/Under: A total number of points is set for a single game, between the two teams playing. Then you bet like it says—over or under that total. The return on your bet is the same as betting the spread.
Prop Bets: Among the most difficult sportsbook bets to handicap, prop bets predict an individual occurrence within the game. Typically odds are associated with these bets. In some cases there is a spread, be it with points or statistics.
Prop bets are gain the most notoriety during the Super Bowl and often, oddsmakers get a little too enthusiastic in conjuring up things to place bets on. An individual can bet on who will score the first touchdown or even how long the “Star Spangled Banner” will last. But they exist in regular games as well. Some prop bets may pit two players against one another and ask who will score more points (there is often a spread associated to this in the same manner as a game).
Futures: Like they sound, futures are bets are determined over the long term. Often sports talk shows and sportswriters will discuss the odds of an individual team winning a championship. This is the most common type of futures bets. If a team is 12:1 to win the championship, that means it would win $12 for every $1 bet.
Other futures bets could include who will win a league MVP, a specific college football award, or coach of the year in a specific sports.
Stay tuned tomorrow when we talk about researching your bets. In the meantime, got any questions about sports betting? Let us know. Or think you know something we don't know? Tell us in comments below!