Are you new to sports betting? Scared about making a mistake and losing money?
We know how overwhelming it can be to get started in the world of sports betting. With an average success rate of an estimated 55%, it’s no wonder you may be concerned about losing money.
Sports betting is incredibly risky. But it’s also insanely rewarding if you know how to make the right choices that lead to success.
It is possible to make a lot of money with sports betting, but you first must know what sports betting types you need to be focused on.
And if you keep reading, we’ll teach you everything you need to know about the different types of sports betting so you can increase your odds of winning.
1. Point Spread
The point spread is one of the most popular bets offered by the best bookie software today. Essentially, bettors are asked to guess which team will be leading or winning at a certain point in time or after a given number of points have been scored.
If you want to beat the bookie, it’s best that you understand how football works. For example, if your team is down by 3 points with 10 minutes left to play, what should you do? You bet on overtime!
And this is where other factors come into play, such as possession percentage and position on the field. The winner might actually be the side that has a 52% possession rate rather than just being up by 1 goal!
2. Total Points Scored
In football, the point spread is a way to predict who will win or lose. You can also bet on other sports like basketball and baseball.
Instead of predicting which team will score more points, you can make a wager based on how many points they will score in total.
This type of betting strategy is especially useful for those who are keen to play it safe.
3. Money Line Bets
If you already know about sports teams, then a money line bet might be right for you. The bet just depends on whether the team will win or not. You can decide depending on if they have been given an advantage or handicap.
4. Totals Bets
There are other bets besides point spread bets for some sports. In those cases, people will want to bet on the total number of points. They’ll tell you how many they think that will be before you bet.
You can also choose “yes” or “no” for this kind of bet if you’re keen on playing it safe again.
Want to Learn More About the Different Types of Sports Betting?
As you can see, there are many different types of sports betting offered by bookies today. The best way to find the option that is right for your needs is to spend some time researching all of them and then choose one that suits what you’re looking for. We hope this blog has been helpful in guiding you through these options!
If you’d like to learn more about the different types of sports bets, you can place and which are the best online sports betting sites, please check out our blog today!