As much fun as it is to watch sports events on television, it’s much more fun should you have a wager on your favorite team. Every time your team has a winning play, it becomes more exciting knowing that you have money riding on the outcome. You may bet on sports for example basketball, baseball, football, tennis, hockey and excellent soccer online at sportsbooks, either physically, online or in certain instances, even over the smart phone. On the flip side, betting on sport events can be complicated, since there are lots of types of betting that one can make. Here are some of the common bets that sportsbooks offer.

Straight Betting. Also known as a single, this is the simplest kind of bet that you can make. You simply bet on the team that you believe will win and the given odds will determine the amount you will win.

Point Spread. This really is your second most popular sportsbook bet. In a point spread bet, the oddsmaker gives the favored team a handicap as a way to make the 2 teams equally attractive to bettors. This handicap is called a spread and may be expressed as a negative number beside the favored team. In a point spread bet, you win should the favored team’s winning score might be more than the spread. If you on the underdog, the wager pays off in the event the team wins or if perhaps they lose by less than the spread.

Buying Points. When you buy points on a point spread, you pay an extra amount to move the spread. Hence, you acquire more points when you bet on the underdog or give away fewer points when betting on the favorite, which could spell the main difference between a winning or losing bet.

Parlay. When you bet parlay, you’re betting on the outcome of multiple games. All of the teams you have bet on must win for your bet to pay off. If even one team loses the entire bet is lost.

Teaser. This is just like a parlay bet, except that points are added to an underdog’s spread or subtracted from a favorite’s. This increases the prospects of a successful bet but in addition decreases the odds, resulting in a smaller payoff if your bet wins.

Over/Under. You bet on regardless of if the total number of points scored by the two teams is over or under the total set by the oddsmaker.