New online sports bettors visiting a sportsbook for the first time can be as confused as an Albertan farmer visiting a Downtown Toronto Starbucks. With so many options, listings and products it can be a little overwhelming. Well luckily our betting experts know it all and on these pages we’ll give you the full rundown on what kind of bets are best for you. (We still can’t tell you why agrande coffee isn’t a large though…)
Different Types of Sports Betting
There are countless potential bet types available at most major sportsbooks, but the lion’s share of action players actually use can be divided into five categories. New members will want to get their feet wet with one of these options, while expert sports bettors already know how to use them, but also know to look for differences from book to book.
One of the most popular betting options for Canadians, Money Lines allow you to simply choose which side of a wager will cash. Seen as the easiest way to bet, the potential payouts will vary depending upon how heavily favored one side is. By the same token, underdogs can pay huge returns. Polish up on your Money Line betting theory on this page.
Point Spread wagering allows you to choose one side of a bet, but then adds in the “what will be the margin of victory?” question. Simply pick one team or person to win, instead you’re banking that they’ll cover by X number of points, with the X in question being the listed point spread.
Betting on one side of an Over/Under total points wager means analyzing what the combined total number of points scored in an event or game. With Over/Wager wagers you’re not so much concerned with who comes out on top inasmuch as what the cumulative result will be.
Have a serious heart condition? Then you might want to skip parlay gambling. Parlays are a great way to win more than with single wagers. By combining two or more separate wagers into a parlay, you’re betting that each part will win. If it does you’ll win much more than if you had bet separately.
Futures betting lets you put down action on events or games occurring days, weeks, months or even a year before it takes place. With so many unknown factors before that bet can be graded, the payouts for Futures handicapping bets can be shockingly huge. Go buy a crystal ball and get ready for wager into the future!