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To place a sport bet, you go to a sportsbook, physical or online. You could also bet over the telephone with many sportsbooks. Observe that a sports book or sportsbook isn't the same being an oddsmaker. The sportsbook simply accepts sports bets. An oddsmaker is a person who sets the sports betting odds.
You will need to state what you are betting on by making a selection, the type of bet and also the amount you are wagering. Your selection will obviously rely on the odds offered, so you will need to examine the array of odds available before you make a decision.
There are various kinds of bets you can place. Some sportsbooks may offer more betting varieties and combinations than others. Below is a number of the greater common kinds of bets.
This really is the simplest and most typical bet. You bet on a winner at given odds.
This bet lets you bet on a winner from two selections that have been made equal by allocating appropriate points to the underdog team. The Point Spread is the range of points allocated and is shown with a + sign for the favorite and a - sign for the underdog. The favorite must win by more than the Point Spread for you to win; otherwise you lose your bet even when the team wins. Inversely, if you bet for the underdog, that team has to lose by less than the Point Spread for you to win. Should the favorite wins through the exact Point Spread, then it really is a push or a tie. You get your bet back. To eliminate a tie result, the oddsmakers sometimes include a half point spread. Since scores use full numbers only, one team must win outright.
Moreover, to buy Main factors. Move the Point Spread favorably at a price.
This establishes the odds for each team but inversely proportional to what would have been a Point Spread, and is indicated by a + for the underdog as well as a - sign for the favorite. Say team A is favorite and quoted at -180 and B will be the underdog at + 120. The bets offered would be 10:18 odds-on for the favorite, and 12:10 for the underdog. For every $180 you bet on A you would win $100 or lose $180, but for every $100 you bet on B you would win $120 or lose $100.
A bet for the number of points scored in the game by both teams combined, including points scored in overtime.
A bet that the combined number of points scored by the two teams within the game will be Over or Under the total set by the oddsmaker.
A multiple bet. A sort of 'let-it-ride' bet. Making simultaneous selections on two or more games with the intent of pressing the winnings of the very first win on the bet of the following game selected, and so on. All of the selections made must win that you can win the parlay. If a game is a tie, postponed or cancelled, your parlay is automatically reduced by one selection; a double parlay becomes a straight bet, a triple parlay becomes a double. A parlay bet can yield huge dividends if won.
It is like a parlay, but with the choice to add or subtract points (called 'moving the line') from one or more Spread bets. When betting a teaser additional points are either added to the underdog or subtracted from the favorite. The odds vary based on the number of points the spread is moved as well as the range of teams combined to form the teaser. As within the parlay, all selections must win for the teaser to win. Teasers odds are usually worse than the parlays.
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