![]() ![]() An over/under line for an NBA game at FanDuel Sportsbook might look like this: Teams Over/Under, aka totals bets, allow bettors to wager on the total number of points scored in a game. Multiplied by $100, and you get $155 as the winnings. An easy way to calculate the potential win is to simply move the decimal point over two places. ![]() The Carolina Panthers +155 line means a $100 bet yields $155 in profit if the Panthers win. Put another way, a $100 bet would win $66.67 for a $166.67 total payout. The -180 odds mean that a $180 wager would net $100 in winnings if the Saints win. This line sets the Saints as the favorite. For example, an NFL moneyline bet offered by DraftKings Sportsbook for the 2021-22 NFL Season looked like this: Team Underdog teams pay out at better odds than favorites in a moneyline bet. This kind of wager tasks the bettor with simply picking the winning team in a sports contest. Moneyline bets represent the most straightforward kind of sports wager. So if you bet $100 on 2.2 odds, the payout would be $220. To calculate that, simply multiply it by your wager, and that’s the total payout (wager plus winnings). For example, rather than +120 American odds, it’d be 2.2 decimal odds. ![]() Instead of American odds, you might find decimal to be more palatable. However, online sportsbooks also let you change how you see the odds. It seems weird at first, but you’ll get used to it fast. Keep in mind that you can bet any amount of money, this is just how American bookmakers traditionally represent odds on an event. Odds at +150 means you’d win $150 if you bet $100. The plus (+) number is how much you’d win if you bet $100, and the minus (-) number is how much you’d need to bet to win $100.įor example, -150 odds means you’d need to bet $150 to win $100. You can also type in the amount you’d like to win, and it will let you know how much you’d need to bet.īut to clarify the examples of the bets, American odds simply represent $100 bets or $100 wins. ![]() Thankfully, online sportsbooks allow you to simply type in the amount of the wager to see how much you can win before you lock in the bet. We’ll get more into how betting odds are calculated after going over the types of bets themselves. Live betting, also known as “in-play,” is a bet placed on action happening in real-time, such as the next event in a soccer match being a corner kick. Technically, an in-game bet is a wager placed on a future result (such as who will be leading at halftime). For example, you can bet on who will score the next goal in soccer during the second half. In-game and live betting, usually done specifically through online sportsbooks, involves betting after the game has begun. The lesser-known but highly popular (and potentially profitable) bets include futures, live betting, and in-game betting.įutures bets allow wagering on a season-long event, such as what team will win the NHL’s Stanley Cup, or which player will win MVP in the NFL’s Super Bowl. Parlays can generally involve any combination of different bet types, with winning tickets offering massive potential payouts. Parlays allow multiple wagers to be placed on the same ticket, with the parlay paying out only if all bets on the ticket (known as legs) win. Totals bets (aka over/under bets), another very simple way to bet, task you with predicting the combined total final score between two teams in a sports contest.īettors have also enjoyed parlay wagers throughout the entire history of sports betting. Sports bettors have engaged in point spread and moneyline betting for decades, as these bets represent some of the most time-honored and simplest ways to bet. Legal online sportsbooks offer a vast number of different ways to wager on sports. Types Of Bets Available At Online Sportsbooks ![]()
0 Comments
Leave a Reply. |