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To place a sport bet, you go to a sportsbook, physical or online. You may also bet over the phone with many sportsbooks. Note that a sports book or sportsbook is not the exact same as an oddsmaker. The sportsbook simply accepts sports bets. An oddsmaker is someone who sets the sports betting odds.
You may need to state what you are betting on by making a selection, the kind of bet and also the amount you are wagering. Your selection will obviously depend upon the odds offered, so you will want to examine the variety of odds available before you decide to make a decision.
There are lots of types of bets you can place. Some sportsbooks may offer more betting varieties and combinations than others. Below is a number of the more common types of bets.
This is the simplest and most frequent 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 will be the range of points allocated and is shown with a + sign for the favorite and also a - sign for the underdog. The favorite has to win by more than the Point Spread that you should win; otherwise you lose your bet even if the team wins. Inversely, if you bet for the underdog, that team must lose by less than the Point Spread for you to win. In the event the favorite wins through the exact Point Spread, then it's a push or possibly 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.
Furthermore, to buy Main points. 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 and a - sign for the favorite. Say team A is favorite and supplemental resources quoted at -180 and B is the underdog at + 120. The bets offered could 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 within the game by both teams combined, including points scored in overtime.
A bet that the combined range of points scored through the two teams within the game will be Over or Under the total set through the oddsmaker.
A multiple bet. A kind 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's like a parlay, but with the option to add or subtract points (called 'moving the line') from one or maybe more Spread bets. When betting a teaser additional points are either added to the underdog or subtracted from the favorite. The odds vary as outlined by the range of points the spread is moved as well as the number of teams combined to make up the teaser. As within the parlay, all selections must win for the teaser to win. Teasers odds tend to be worse than the parlays.
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