Types of Sports Betting

sports betting

Sports betting is a form of gambling where a bettor places money on the outcome of a sporting event. The bet can be made in person at a sportsbook, or online. There are a number of ways to bet, including parlay, point spread, and in-play betting.

Parlay bets are a popular way to bet on multiple events. It’s a good idea to shop around for the best possible deal.

Point spread bets are the most common type of sports bet. A point spread is the margin of points a favored team needs to win to cover the spread. In some cases, the spread may be as large as seven points. Often, the favored team will “give” the spread to the underdog.

Another common type of bet is the over/under. An over bet is one where the bettor wagers that the total score of the game will be higher than the set total. Under bets are a bet that the final score will be lower than the set total.

Prop bets are also a lot of fun to bet on. These are not standard point spreads, but instead, they’re the odds a bettor can get on a particular outcome. This could be the exact score or the exact first goal of a game.

Another bet that’s not exactly a bet is the novelty prop. These are often reserved for major events. Some of the more popular novelty props include the length of the national anthem or the first song that is performed at halftime.