People that watch sports are going to enter the betting side of the internet and not have any idea what is going on so today, I decided to help you out and talk to you about some terms in the sports betting world that could help you out and make you understand a little more in order to be a more successful bettor.
Speaking of betting, why don’t you check out some NFL lines for this week’s action? There are a handful of games on the slate I am currently planning on attacking so click on the link and get started.
Understanding the Basics
First, we are going to describe the basic online format of a betting ticket at BetUS, or any other sportsbook you may choose. The spread is how many points you think a team is either going to win or lose by. If it is a plus sign, then you would be getting points (+3 means a team can lose by two points and still win your bet). Usually these odds are better because they take away any handicap and make the teams as even as possible.
The moneyline is straightforward, as it simply requires picking who you think will win the game, while the over/under is just asking if you think there will be over or under a projected point total in a game. The big thing to understand is the odds. The more decisive the bet is and the likelihood increases, the worst the odds are going to be. For example -110 means you have to bet $110 in order to win $100 and +110 means you can win $110 if you bet $100 since it’s less likely to happen.
Understanding What A Prop Bet Is
The simplest way to understand what exactly a prop bet is would be to say it is anything you bet on inside the game itself except the spread, moneyline, and over/under. For example, if the Los Angeles Lakers were playing and you wanted to bet that LeBron James was going to score 25 points, that is a prop bet.
There are all different types of prop bets depending on the sportsbooks and the sport or league you are betting on. These are usually more of even odds since the sportsbooks love to juice the numbers and make it more of a concrete thing compared to choosing a number that you feel comfortable with.
Understanding What A Future Bet Is
The future bet is simple as saying it is just betting on something that is not the upcoming NFL lines or any sports. Do you have a feeling who is going to win the NFC East for this season? Playing a wager that will not be decided after one game is a futures bet.
Usually gamblers make a futures bet at the beginning of the season and let the season play out but you can still bet on teams to win the division in the NFL as long as they are not officially clinched.
When you first take a step into the world of sports betting with BetUS, it could be overwhelming with all the odds and numbers. Understanding them is the most important thing but the benefit of doing online sports wagering is that if you put a wager in before hitting submit, you will see the payout and not need to guess exactly what you’d win.
It is not a difficult thing to get involved with and with some basic understanding of some sports wagering vernacular, you can understand and dissect what the oddsmakers are implying and continue to do your own research in order to make as many successful bets as you are able to.
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