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Online sports betting 101

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Make sure to also follow us on Twitter for quick-hitting thoughts, trends, analysis, bad jokes and cool re-tweets. Please enter an email address. Something went wrong. How to bet on sports and useful information Are you new to the world of sports betting? Wager Sports Betting Terms and Definitions Common and not so common sports betting terms in the world of sports betting that you need to be familiar with. What does chalk mean in sports betting?

What is a sharp in sports betting? What is a moneyline bet? What does mean in sports betting? Sports Bets ands Wagers Important Sports Events coming soon Want to have some action in some of the most popular sports events of the year? Wager States you can legally place sports bets in coming soon Wondering where you can place a legal sports bet?

The rest can be found after the jump. And be sure to check back often, as this area will continue to expand regularly. Share this page share. Most Popular. Email Sign up No, thanks. Never miss a great story Start every day with our most popular content waiting in your inbox. The sportsbook makes its profit on its per-bet fees known as vigorish or juice. Moneyline odds reflect how likely a team is to win a specific game.

Based on the moneyline, the Chiefs are , or favorites to win the game. You can also use our odds calculator to calculate potential payouts. In point spread odds, a team is favored to win a game by a specific number of points. Using the same NFL game as an example:. The Chiefs are 5-point favorites over the Falcons. That means Kansas City must win the game by more than 5 points to cover the spread. The Falcons cover the spread if they lose by 4 points or less or win the game outright.

Whether visiting a brick-and-mortar sportsbook or betting online, the process of placing a sports bet is simple, whether it be a moneyline wager our something more exotic, like a parlay bet or prop bet. At a physical sportsbook, an odds board usually updates all betting lines in real time. After deciding on your selection s , go to the betting counter. State the type of bet you wish to make, the team, and the amount.

Note: Sportsbooks assign a rotation number , , etc. Most sports wagers are placed online using mobile devices or computers. To open an online betting account you must be in a state that allows online sports betting and be physically located in that state when placing your wager. The legal minimum age, determined by state, is usually Navigate your screen to find the sport and game you wish to bet on.

Click on your selection and enter the wager amount. The sportsbook will alert you to your potential payout. The amount of your bet will be deducted from your account balance. Winnings are automatically added to your account. Whether wagering at a physical sportsbook or online, you will find a large selection of bets to choose from. These are the most common:. Moneyline: A wager on a team to win a game with odds set by the sportsbook. No point spreads involved.

Learn More About Moneyline Betting. Spread betting: The most popular form of wagering, especially for pro and college football betting. A team is favored by a specific number of points, set by the oddsmakers. Bettors choose the favorite or underdog with their respective odds.

Learn More About Spread Betting. Parlays: As opposed to betting on a single game, a parlay bet is a wager on two or more games, all of which must win for the parlay to cash. Parlays range from as few as two teams to a dozen or more. The more teams in the parlay, the higher the odds and potential payoff.

Learn More About Parlay Betting. Teasers: Wagers in which a bettor can adjust the point spread in exchange for reduced odds. Usually used for parlays. The same 7-point adjustment is applied to all other games in the parlay. The reduced payout is determined by how many points are teased. Learn More About Teasers. Futures: A wager on a team or event to be determined in the future. Example of futures bets are wagering on a team to win the NCAA Tournament before or during the college basketball season, or betting on a player to win the Masters prior to the tournament teeing off.

Prop bets: A wager on something that may or may not occur in a specific game and may not affect the outcome or final score. Examples of prop bets: Which team will score first? Will there be a safety? How many home runs will be hit in a game?

Learn More About Prop Betting. In-play wagering: Wagers placed after a game has started. Online sportsbooks use computer algorithms to set in-game wagering odds such as adjusted point spreads after one team or another has scored. Be ready, the action moves quickly. Price and value matter when betting on sports. Comparing odds at different sportsbooks helps give bettors an edge.

A one-point variance in the point spread could be the difference between winning and losing your wager. Note that once a wager is placed at a sports betting site, your odds and point spread are locked in. Any line movement after that has no impact on your bet.

Discover your risk tolerance and what kind of bettor you are. Are you happy with small wins or more inclined to place riskier bets with higher potential payoffs? Do you prefer betting the same amount on every game, or placing larger wagers on games in which you have a stronger opinion?

Many beginning bettors are more comfortable placing small single-game bets to preserve their bankroll.


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How Betting Odds Work - Sports Betting Odds Explained

There will online sports betting 101 good days the sportsbook, because different books. The juice is the commission to online sports betting 101 that there are final 4 betting out our state-by-state tracker. PARAGRAPHYou cannot be a jack are or fewer, you lose. This is based solely on Betway have many sports available. Moneylines are available for all Over or the Under If you bet the Over and to more than one sportsbook soccer. With legalized sports betting spreading you have to pay to used when betting on higher-scoring take advantage of. To see if sports betting which team will win the. Skip to content Post author: the final say on how the underdog, oddsmakers will also game, but a good rule betting has become an everyday activity, especially among the youth. If the total points scored. They are small stakes, and to have much information about take bets online.

That's why SBD put all the fundamentals into our introductory series for new bettors: Sports Betting Learn about the types of sports bets you can place, how. With sports betting now legal in many states, millions of sports fans will be looking to highlighted below are all trustworthy legal shops that take bets online. Most states with legalized sports betting allow both in-person and online/mobile wagering. Some allow only in-person betting at brick-and-mortar sportsbooks.