There has been betting on sports since time immemorial. It’s easy to get caught up in the excitement of watching a game and place a small amount of money. Some people bet on sports as a profession. Others, like you, bet just for fun. There are many betting options for sports betting in the USA. You can choose from friends or your local illegal bookmaker. However, the best option is to use an online sport book for these reasons.
1. They are much more flexible than land-based books for sports betting
2. They can often post their odds earlier and offer better odds.
3. They suit most bettors. They often only need one dollar to place a bet.
The four main sports that are most commonly bet on in USA include football, basketball and baseball. However, there is still plenty of action for other sports like horseracing and boxing. You can also place wagers online on sports in other countries. The odds of you placing a bet on US sports will usually be displayed as what the bookmakers call lines. When you view the line for any particular game, you will notice that the odds of winning the favorite team will be displayed with a + sign. While the odds of losing the underdog team would display a – symbol, they will still have the + sign. The + number refers to the amount you would have to place to win $100. While the – numbers represent the amount you will win if the bet is $100. For example, +130 would mean that you wager $130 to make $100. While -130 would indicate that you stake $100 to win $130.
Here are the most common types of bets:
Moneyline Bets. These bets are the easiest. Simply pick the team that you think is going to win. This line is for this type of bet.
Team A +330Team B +150
This means that Team A is considered the favorite. To win $100, you’ll need to wager $330. The return on a $100 wager on Team A winning is $150.
Point spread bets. The point spread is a way for people to evenly bet on both teams and to help balance the risk. They settled on a point value that they believe equals the scores of both teams. This number then is added to or subtracted from favorite. This will result in the following line:
Team A -10 +110
Team B +10 +110
This means that if your favorite Team A wins, even after subtracting 10 points, then you win. If you pick the opposite team and they lose less than 10 points you win. Since the odds of winning will be the same for both teams (at least in theory), In games such as baseball, the point spread (or run line) is known.
Bet on the under/over. The bookies will post a number that they believe is the combined total score for both teams. If you think the total will fall, bet the under. However, if you think it will rise, bet the over.
These are the most well-known forms of gambling, but there are many more options, including parlays, progressive parlays (teasers), futures and parlays).