When getting into sports betting, one of the first things to understand is what types of bets exist. Bet types, often called “markets” outside the US and in more sophisticated sports gambling circles, are crucial to comprehend. Sports gambling is not as simple as betting on who will win a game, as you can make many other types of bets.
Here we will get into the specifics of various bet types that are available at top US sportsbooks. We will analyze how they all work in detail to help you better understand the betting options. Let’s start by looking at a high-level overview of common sports bet types and 10cric app for sports betting.
In reference to various types of betting, the basic idea is straightforward. When you are putting your money down on a sporting event, sportsbooks offer a variety of methods for you to place your wagers. The simplest example is betting on the moneyline (which team/player will win the event outright).
Other ways that you can wager on the outcome of a single game include point spreads and totals (over/under). We will get into more detail on these bet types later. Another method to bet on sports is to combine multiple betting picks together into multi-leg bets such as parlays.
There are also entirely different types of bets, such as futures and props. These types of wagers are different than standard moneylines, point spreads, and totals, and we will get into detail on them later. In addition, sportsbooks offer live betting options which enable you to place wagers on sporting events that have already started.
The bottom line is that betting on sports can involve much more nuance than wagering on what team will win a game. This is where the various types of sports betting come into play. Now that we have a basic comprehension of the subject let’s take a look at the most popular bet types in some detail.
Let’s take a look at some of the most common sports in US betting. We’ll discuss what bet types are available and how they might differ from sport to sport. Let’s start with the most popular US sport of all, football.
You will find a wide selection of all of the top bet types for NFL and NCAA football. These include moneylines, point spreads, totals, all of the multi-leg bet types, props, and futures. As the most popular American sport, you will have access to the broadest betting selection for NFL wagering.
Basketball is another sport where you will be able to engage in just about any bet you can think of at top sportsbooks in the US. This includes moneylines, point spreads, totals, multi-leg options, props, and futures. The NBA features a robust selection of available bets, and you will also find a nice variety of NCAA basketball options.
As America’s pastime, baseball is a great sport to bet on. You will find an excellent selection of standard bet types like all of those we have discussed above.
In baseball, there is no such thing as a point spread, but the equivalent is called the “run line.” This is important to note if you are going to engage in baseball wagering. The MLB is also excellent for in-game betting due to its relatively slow pace making it easy to wager on micro-outcomes.
Hockey is an exciting sport that is popular throughout North America. An excellent selection of betting options is available at the top US sportsbooks for the NHL.
Please note that in hockey, there is no point spread betting. There is, however, an equivalent which is called the “puck line.”
Puck line betting is a common hockey wagering option. Please keep this in mind when looking to wager on hockey.
For soccer, you will be able to place wagers on various international leagues as well as America’s own MLS at leading US sportsbooks. Common wager types like all of those we have discussed above are available for soccer, with some differences. One is that three-way odds are common in soccer, meaning that you can bet on either side or a draw.
While not a traditional team sport like many of the most popular US betting options, golf, and the PGA, in particular, is a prevalent gambling sport. You can bet on the winning golfer, finishing positions, and various props when wagering on golf at top US sportsbooks.
Tennis is not as trendy of a betting sport in the US as some. Still, you will find an excellent selection of tennis bets at leading sportsbooks. These include betting on which player will win the match outright, spreads, and player and match props.
MMA and the UFC, in particular, have experienced a major rise in popularity in recent years. You will find that UFC betting options are similar to those of boxing. You can wager on who will win matches and the over/under on total rounds.
While MMA has become very prevalent in the US, boxing still holds significant sway in the hearts and minds of American bettors. Common boxing bet types include match winners, the over/under on rounds, fight props, and wagering on knockdowns in the match.
While not sports betting, horse racing is a popular form of gambling in the US. Various top online sportsbooks offer racebooks in conjunction with their sports betting offerings.
Please note that the majority of horse racing gambling in the US is pari-mutuel betting. This means that you are effectively betting against other bettors, not the house. Let’s take a look at some common bet types in horse racing.
Straight bets are the simplest way to bet on horse racing. You are betting on where your horse will finish in the race. Common examples include betting on a horse to win, place, or show.
With combination straight bets, you can wager on various combos. These include across-the-board (win/place/show) or for a horse to win/place, or place/show. Bets like this enable you to increase your potential winning outcomes in a horse race.
Exotic single bets are among the most popular ways to bet on horses. These involve wagering on the finishing positions of multiple horses at once. Examples include exactas, trifectas, and superfectas.
Exotic multiple bets are somewhat like exotic single bets but become even more complex. You are wagering on the outcome of multiple races on one betting ticket. This ups the ante on your potential winnings and the length of your betting action.
Exotic combinations refer to exactly how you are choosing to implement your exactas, trifectas, and superfectas. Examples include making a straight bet, a box bet, a key bet, or a wheel/partial wheel wager.
While people often consider sports when pondering betting, other markets exist. These include betting on the results of political elections, and awards shows like the Grammys and Oscars.
The ability to legally wager on politics is available in some countries. However, regulated sportsbooks in the US do not offer political betting as it is not legally permitted stateside.
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