For those of you looking to learn about the different types of sports bets,
you’ve come to the right place. We’ve developed this page with the goal of
helping sports bettors of all levels gather all of the knowledge that they need
on the subject. By the time you finish checking out our detailed guide on the
different forms of bets, you’ll have a good understanding of what your betting
options are and how they all function.

• Sports Betting Odds
• Types Of Betting Odds Ncaa Football
• Types Of Betting Odds Genesis Open

1. A popular betting type among punters, it consists of four selections and 15 bets (hence the name) – four singles, six doubles, four trebles and a fourfold. Equivalent to a Yankee but with.
2. 1X2 (Home win, draw, away win) - The most popular type of bets on football, the aim of which is to predict the final result of the match, either the win of the home team (1), a draw (X) or the.
3. A $10 bet on +120 odds would pay out $12 in profits. Examples: Below is an example of NFL betting odds taken from an online betting site. In this example you can see Los Angeles is listed at +130 ($100 bet pays $130 plus of course your original wager back) and New England is listed at -150 ($150 bet pays $100).

All sports betting odds explained. So, there are three popular types of betting odds – American, Fractional, and Decimal. Predictably, American odds are mostly used at US-based online sportsbooks. Fractional odds are frequently met at British and Irish betting sites. Decimal odds are popular in European countries, Canada, Australia, and New.

On this page, our first order of business will be providing you with an
explanation of all of the common types of sports bets. After that, we’ve
compiled an additional sports betting resources section that’s packed with other
quality guides you can use to expand your knowledge on several topics. Finally,
we’ll conclude things with a frequently asked questions section to help you
answer any unanswered questions that you may have.

Common Bet Types

In this section, we’re going to provide you with a high-level overview of the
primary types of sports bets. Along with each explanation, we’ve also included a
link to a detailed page that’s packed with even more information about each bet
type. Using these pages, you’ll be able to dig in more in-depth on the ones
you’re most interested in.

If you’re searching to learn about a single type of betting, you can use the
jump links below to head straight to that section. However, if your goal is to
learn about all kinds of sports bets, be sure to read through each of the
sections below so that you can soak up as much as possible.

Sports Betting Odds

Win Bets and Moneyline Bets

Win and moneyline bets are interchangeable. Although said differently, they
both mean the same thing. However, depending on where you reside, it may be
called one thing over the other. In the United States, most folks refer to this
type of bet as a moneyline wager. Around the rest of the globe, the same kind of
wager is called a win bet.

No matter what you call it, this type of bet is the most basic one of them
all. With this type of wager, you’ll simply be selecting who you believe will
win the game or match that you’re betting on.

Here’s a sample for you: if you’re betting on an upcoming NBA game between
the Chicago Bulls and the Miami Heat, you’d need to determine which team you
think will win. If you believe that Miami will come out on top, you will place a
win bet on Miami. If Miami goes on to win the game, you’ll also win your wager!
It’s that simple!

If you’d like to learn more information about moneyline and win bets, we’ve
included a link below to our page dedicated to this type of wager. Just click on
the link below to view our in-depth coverage of this bet type.

Totals and Over/Under Bets

This type of wager also has two interchangeable names associated with it.
Folks in the United States most often refer to this bet type as a total, while
the rest of the globe typically calls it an over/under bet. Once again,
regardless of the name, both refer to the same type of sports bet.

Totals are another very simple wager that can be great for beginners to use
in conjunction with win bets. With a totals bet, the sportsbook will issue a
specified total associated with a sporting event. In many cases, this total is
tied to the number of points scored in the game. When placing this type of
wager, you’ll have to decide if you think the total will actually come in over
or under the number set by the sportsbook.

Let’s look at an example. If we circle back to that same Miami Heat versus
Chicago Bulls game, a sportsbook may set a totals line at 199 points. If you
believe that both teams combined will score more than 199 points in the game,
you will bet the over. Conversely, if you feel like the teams will have a
combined score less than that, you’d bet the under. If you pick correctly,
you’ll win your totals bet.

If you’re new to over/under bets, we’ve developed a page with more detailed
information if you’d like to learn more. Just click below to gain a deeper
understanding of this type of sports bet.

Point Spread and Handicap Betting

Another type of bet that you can place on many sporting events is a point
spread wager. This type of wager is used very commonly in the United States.
Another similar kind of bet is also common in parts of Europe and other places
around the globe. In these places, this type of wager is referred to as handicap
betting.

The core idea behind both of these wager types is the same. It all starts
with a sportsbook determining which team they think is favored to win the match.
Once they have that done, they’ll then assign a total number of points they
believe that team will win the game by. It’s up to you to then decide if you
think that the pick by the sportsbook is over or understated.

Here’s an example to help you visualize this: in an upcoming game with the
Chicago Bulls and Miami Heat, a sportsbook has posted a point spread of 5 points
in favor of Miami. In short, that means that the sportsbook expects Miami to win
by that many points. If you were placing a point spread wager on this game,
you’d have to choose if you think the sportsbook is high or low.

If you think that Miami will win the game by at least five points or more,
you will bet on Miami. However, if you believe that Chicago will win the game or
lose by 4 points or less, then you’d wager on Chicago. To win this bet type,
you’ll have to correctly select from one of the two options above.

To gain a deeper understanding of these wager types, don’t miss out on the
link below. Here, you’ll be able to soak up more information about point spreads
and handicap betting.

Futures and Outright Bets

In the sports betting world, futures bets and outright bets also mean the
same thing. With this type of sports wager, you’ll be selecting the winner of an
overall tournament, competition, or league. In most cases, you’re making your
pick well in advance of the actual sporting event happening. It’s because of
this that the term “futures” is associated with these bets.

For example, you might bet on the winner of the NBA Finals before the next
season actually starts. Another sample is if you bet on the winner of the Super
Bowl before a single NFL game was played for the current season. In both of
these examples, you’re placing a wager well in advance of the actual event
happening.

Because most of these outright bets are placed so far ahead of their
completion, they can be tough to pick correctly. When betting on a sport before
the season begins, you don’t have a ton of information about how a particular
team will perform. Due to this, the payouts associated with them can be very
handsome. However, it’s important to keep in mind that the attractive payouts
mean that they are risky bets.

We’ve also developed a page dedicated to futures and outright bets. You can
utilize this page to gain a deeper understanding of these types of wagers if
you’d like to begin placing them as a part of your sports betting strategy. To
view this page, click below.

Proposition Bets and Specials

If you’re looking for something a bit different than a standard sports bet,
you might consider placing a proposition bet. Also known as prop bets or
specials, these types of wagers can be on just about anything.

As an example, you can place prop bets on which team or player will score
first in a game. Other prop bets include the time of the first goal in a soccer
match or which team player will score the first run in a game. These samples
hardly scratch the surface on different prop bets that you can place. In
reality, there are all kinds of different things that you can bet on using this
type of wager.

If you’d like to view more information about prop bets and see other samples
of them, be sure to check out the link below. It will take you to our detailed
page on prop bets where you can learn more about them.

Parlays and Accumulators

When it comes to parlays and accumulators, things begin to get a bit more
complicated. Because of this, these types of sports betting wagers should not be
used by beginners. With these types of bets, you’ll actually select a string of
picks as part of one single wager.

For example, if you’re betting on horse racing, you can place an accumulator
bet on the winner of six different races. To win this wager, your picks would
need to be accurate for all six races. If just a single one of your picks is
incorrect, you’ll lose the bet and your stake.

Due to the string of picks associated with parlays and accumulators, these
bets are very risky. That means that you can earn high payouts, but it is less
likely that you’ll get them correct. Because of this, we’d suggest you only
place smaller wagers when using these bet types.

Teasers and Pleasers

Taking the idea behind accumulators to more complicated heights brings us to
teasers and pleasers. These bet types are similar to parlays and accumulators in
that you’ll make multiple selections as part of your bet. However, there are
some critical differences between them all.

With teasers, you’ll pick the string of bets that you want to make. Next, you
can move around the point spreads in your favor to help give you a better chance
of winning the wager. This gives you a big leg up over a standard parlay-style
bet.

Conversely, you could also place a pleaser bet which makes it harder for you
to win. With this type of wager, you’ll actually move the point spreads out of
favor. Here, you’ll have a disadvantage to winning compared to a standard parlay
bet. However, since it is a harder wager, the potential payouts will be higher
if you’re able to win the wager.

Because teasers and pleasers are different in how they function, we’ve made a
dedicated page for each one of them. If you’d like to learn more information on
one or both, you can use the links below.

If Bets and Reverse Bets

Some of the hardest wagers to understand are if and reverse bets. At their
core, these bets are ones where you’ll make multiple selections. However,
depending on your picks, how things play out can change.

For example, with if bets, you’ll kick things off by picking two or more
wagers joined by a common cause. With this type of wager, if your initial pick
is incorrect, all subsequent wagers are off. Because of this, you have reduced
risk with if bets, which makes them considered safer options than standard
parlay wagers.

With reverse bets, you’re essentially combining two if bets into one. For the
first portion of the wager, you’ll place an if wager on your first and then your
second selection. Next, there will be another if bet in place for your second
selection followed by your first one. In short, reverse bets work in both ways.

Due to the complexity of if and reverse bets, we’d strongly suggest you check
out the link below before placing any real money bets using them. On our
in-depth page about these bet types, we’ll give you a deeper explanation along
with other samples that you can use to grasp precisely how they function.

Permutation Betting

Rounding out our explanation of common bet types brings us to permutation
betting. This type of sports betting is one of the most complicated ones to
understand. With this wager type, you’ll make multiple selections and place
numerous wagers through the combination of the selections. This bet type is
another one that should not be used by beginners due to how difficult these
wagers are.

If you’d like to dig more into permutation betting, be sure to check out the
link below. It will take you to our detailed page focused solely on this bet
type. Here, you’ll find sample permutation bets and a more in-depth explanation
of how they work. Once you see a handful of samples from this page, you should
have a good understanding of these complicated wagers.

Additional Resources

We didn’t want to leave you without also offering some of our other top-notch
sports betting-related resources. Below, we’ve included links to some of our
most popular and helpful guides on many different things. If you’re seeking to
increase your knowledge of sports betting, there’s something below to help you
learn more.

Beginner’s Guides to Sports Betting

If you’re on this page because you’re new to sports betting in general, then
the links below are your new best friends. These links are our two best sports
betting beginner’s guides. In these two guides, you’ll get a firm understanding
of sports betting basics so that you can begin placing wagers quickly. Even if
you have some knowledge of sports betting, these pages are worth a quick scan to
make sure that you’re informed on all of the critical topics.

Sports Betting Essentials

For those of you that are experienced sports bettors, you’ll want to get
things started at our sports betting essentials page. This page is also an
excellent spot for beginners that have worked through our two guides above. On
our essentials page, we’ll dive deeper into more advanced sports betting
strategies that you can use to elevate your sports betting knowledge to more
than just the basics.

Odds Converter

While you’re making sports bets online, you may occasionally come across an
online sportsbook posting odds in a format that you’re not the most comfortable
with. If that’s the case, all hope is not lost. By using the link below to our
proprietary odds converter page, you can take odds of any format and convert
them into another. By doing this, you’ll always make sure that you understand
the odds of a wager before you risk real money on it.

Suggested Sports Betting Sites

If you don’t already have an online sports betting home, we’ve got some great
suggestions for you. Below, you’ll find links to a few of our pages dedicated to
different sports betting sites. Up first, we’ve got our page on the best
all-around sports betting sites. Next, there are also links to our pages for the
best mobile sports betting sites and online sportsbooks for live betting. No
matter what you’re looking for, these pages will help you find a legit and
trusted website to do all of your sports betting.

Conclusion

Hopefully, you’ve gained the knowledge on bet types that you came here for.
If you’ve never visited our site before, we’d encourage you to poke around and
see all of the other excellent resources that we have relating to sports
betting. We’ve developed this site to help gamblers of all skill levels elevate
their betting to all new heights. Thank you for dropping by, and best of luck in
all of your future sports wagers!

Frequently Asked Questions

In this section, we’ve included a handful of FAQs relating to the different
types of sports bets. If you still have some questions after checking out the
rest of what this page has to offer, we hope that this portion will help you
locate the answers you need. To view the answer to one of the questions, you
just need to click on the question itself.

I’m new to sports betting. Which bet type should I start with?

Those of you that are new to betting on sports should stick with more basic
wagers while you get a firm understanding of how sports betting works.
Specifically, we’d suggest you start with win, moneyline, spread, and over/under
bets. Once you’re comfortable with these bet types, you can then consider some
of the more advanced bet types like parlays.

How much should I bet?

We can’t provide an answer here that will work for all individuals reading
this page. The amount of money that you should bet on any particular bet will
depend on several factors. Some of those factors are your risk tolerance, the
type of bet you’re making, and the size of your betting bankroll.

If you don’t already have a bankroll management plan established, that would
be something we’d urge you to develop as soon as possible. Bankroll management
plans will assist you in determining how much you should bet. Instead of betting
your entire bankroll at once, you’ll bet a small portion of your bankroll to
help extend the life of it. To learn more about bankroll management and learn
how you can establish a plan for you, check out the link below.

Do I have to use all of these bet types?

Absolutely not. If you’re happy betting using just one of two of the sports
betting types listed above, that’s perfectly fine. Ultimately, it’s up to you to
choose which wager types you’ll utilize in your sports betting strategy.

Are all of these bet types available on all sports?

No. Different sports and sportsbooks will have different wager types
associated with them. The best thing for you to do is check out an online
sportsbook and see what options you find available for the sports you would like
to bet on. Keep in mind that things can vary between sportsbooks, so it’s always
a good idea to check out several and see which one gives you the most extensive
set of betting options.

Which bet types are the riskiest?

Types Of Betting Odds Ncaa Football

If you’re looking to avoid risky sports bets, then you should steer clear of
parlays, teasers, pleasers, if, reverse, and permutation bets. Since each of
these bet types requires you to make more than one selection, their risk is
elevated over the other forms of wagers. The bet type with the highest risk is
typically permutation betting due to how this bet type is structured.

Some of you may still have some questions that were not answered above. If
that’s the case, then don’t miss our full sports betting frequently asked
questions page. Using the link below, you can check out our full lineup of FAQS.

Sports Betting Guide

Football bets

1X2 (Home win, draw, away win) - The most popular type of bets on football, the aim of which is to predict the final result of the match, either the win of the home team (1), a draw (X) or the win for the guests (2). Approximately, ¾ of all bets on football are 1X2 bets. Despite being the most popular type of bet in football, it is not considered the best. The reason for this is that despite there are matches where the winner is quite obvious, the odds for the favourites in such events are at a really low level. No experienced and respected punter will ever place a bet with the odds of about 3/10 (1.30) and lower. It is advised to bet with the minimal odds of 1/2 (1.50). What is more, the probability for successfully predicting the result in such bet is 33,3%, while in other types of bets it could even get up to more than 50%. This type of bet is often used in multiple bets such as double or treble accumulators (combo bets), in which you have to correctly predict the outcomes of few events to win an overall bet.

Example:
Real Madrid 3:1 Barcelona (1)
We win the bet as we successfully predicted the win for Real Madrid. If we had placed the bet for the draw or the win of Barcelona, we would have lost.
1X, X2, 1 or 2 (Double Chance) - A bet that is much safer than the classic 1X2. Here, we pick one of three options, a win for the home team or a draw, a draw or a win for the away team or a win for any side of the match. If any of the two results that we have chosen happen, we win the bet. Thus, we have 66.6% chances of winning a Double Chance bet. What is more, it is statistically proven that the most frequent half-time result is a draw. Because of its high probability, the odds for this type of bets are most times really low. We advise to bet on the draw or the underdogs using this option as the odds for them will be much higher. This option is less riskier than regular 1X2 bet on the underdog as we can win the bet even in case of a draw. Double Chance bets can be successfully used in betting on the events where it is hard to pick a winner because the odds on all results are relatively high and we still have very good probability.

Example:
Manchester United 2:2 Chelsea (1X)
Despite that the side we have picked - Manchester United, failed to win, we win the Double Chance bet because of the draw in this match.
DNB (Draw No Bet) - In general, this kind of bet is very similar to the Double Chance bet with the exception that in case of a draw, we will get the void of our entire stake instead of winning (1X or 2X) or losing (1 or 2) the bet. DNB bets are quite popular because they decrease the probability of a lost bet and the odds offered for them are higher than those offered for Double Chance bets. Punters are aware that a draw is very common result in football and that is why they often choose DNB as it narrows the possible outcomes of the match from three-way to two-way. It must be said that this kind of bet might not be available for all selections and at all bookmakers.

Example:
Borussia Dortmund 3:1 HSV Hamburg (Draw No Bet Borussia)
We win the bet because we correctly predicted the win for Borussia Dortmund. If there would be a draw in this game, we would get a complete return or our stake. We lose the bet if Hamburg would win this match.
Over / under - also known as total bet, it is a type of bet in which a punter must decide the total number of goals in a match. The bookmaker is setting the goal line and the punter’s job is to predict whether there will be more or less goals than the proposed line. It must be said here that in this bet we predict the combined number of goals in the match. This means that even if one of the teams do not score at all, we still can win the bet. There are also many variations of this type of bet, for example, you can bet on the total goals in the particular half or the total goals of one of the teams. One of the more popular versions of the Over / Under bet are the Asian goal lines. It is worth mentioning that the most popular goal line for Over / Under bets is set at 2,5 goals. In this type of bet it is good to look through the past performances of both teams and the numbers of goals they scored and conceded. You should also remember not to bet with odds lower than 7/10 (1.70).

Example:
PSG 1:2 Nice (Over 2,5)
We win the bet because there is more than 2,5 goals in the game. Whatever the score would be, we win the bet if there was at least 3 or more goals. If there was only 2 or less goal we would lose the bet.
BTTS or BTS (Both teams to score) - is a type of bet in which you predict whether both teams will score goals in the match or not. It should be noted that if only one team does score, regardless of the number of goals, the bet would be counted as lost. There are matches in which there is a very high probability of goals from both sides. Some teams score a lot of goals, but also concede many as well. They are the perfect pick for BTS option. What is more, it is advised to bet on this option if much better team plays a weaker one in an away game. Even the weakest side can manage to net a goal and you are almost certain that the favourite will score as well as he needs to win this game. As in case of other bets, it is best to not bet for Both to Score bet with odds lower than 7/10 (1.70).

Example:
Porto 0:1 Benfica (BTS)
We lose the bet because both teams did not scored. If Porto had managed to score as well we would win the bet.
Handicaps - is a type of a bet in which the bookmaker gives a disadvantage to the favourite or an advantage to the theoretically weaker team. In case of football, this is done by adding or removing goals from particular team to even the chances of victory for both sides. There are two types of handicaps - European and Asian. The latter is more popular because it decreases the number of possible outcomes to two, not three as it is in case of the European handicap. For example, in AH -1 (Asian handicap) we win the bet if the team that we placed our money on, wins the match with at least 2 goals difference. If that team wins with the difference of only one goal we get a complete void (return) of our stake. We lose the bet if our team draws or loses the match. Handicaps are getting more and more popular, especially among football punters. Read this guide on Handicaps to know more.

Example:
Manchester United 3:0 Manchester City (Manchester United AH -2)
We win the bet because our team have won with more than 3 goals difference. If they have scored less goals, drew or lost the match, we would lose our bet.

Corner bets - is a conditional bet for the number of corners in a match. It is similar to Over/Under bet in that there is a line provided by the bookmaker and the punter’s job is to decide whether there will be more or less corners than the offered line. It is one of the more riskier bets but the odds for it are mostly rather high. The most important factor here is the line offered by the bookmaker. Sometimes, to get good odds you must bet on the line of 14-15 corners. And although the statistics show that there is a few corners in every match, it is still a very unpredictable thing. It must be noted that the odds for lower lines such as 5 or 6 corners are very low. There is also an option to bet on the number of corners in a particular half. Furthermore, you can also bet on the number of corners of one of the teams. It is advised to bet on Over corners in matches of teams which prefer offensive style of playing. In such games you can expect both goals and a number of corners.

Example:
Arsenal 4:1 Everton - Overall 12 corners (Over 14 corners in a match)
We lose the bet as there was less corners than we have predicted. If we had made a bet for Under 14 corners in the game, we would have won.
Number of cards in a match - is another interesting conditional type of a bet in which you have to predict the number of either yellow or red cards in a match. This type of bet is similar to Over/Under bets in that you have to predict whether there will be more or less cards than the line proposed by the bookmaker. This kind of bet is recommended to more experienced punters who possess considerable knowledge about football. The most important thing here is to thoroughly analyse the event: the history of direct matches between the teams, their relations - whether they are rivals or not, relationships between the players, coaching staff or even fans and the style of playing of both teams. Often, there are games where you know there will be penalty cards even before the first whistle. While analysing a match, you cannot forget about the referee, who have great impact on the final result of the game. Read this article if you want to know more about bets for the the penalty cards.

Example:
Rangers 2:1 Celtic - Yellow cards: 8 (Under 6 yellow cards in a match)
We lose the bet as we have unsuccessfully predicted the number of penalty cards in a match. If there was less than 6 yellow cards we would have won.
Half time / Full time bets - also known as double result, a kind of bet in which you have to predict the outcome of the match at both half-time and full-time. In this type of bet the punter must decide which side will be winning at the end of the first half and which will win the game overall. You can bet that one of the teams will have the lead before the break and will ultimately finish victorious or you can decide to bet for different results at both halves. This type of bet is recommended mostly for more experienced punters who are not afraid to risk. It must be said, that sometimes, even the favorites may struggle in the whole game, not mentioning the first half. What is more, the statistics prove, that the most frequent football result at the half-time is a goalless draw. Because of that, the odds for such bets can be really attractive. Even when betting on a clear favourite, if you bet that he will be winning at half time and will keep the score till the final whistle, you can make quite a lot money. Nevertheless, it is often very hard to predict and thus win such bet. Sometimes all it takes is for the better team not to score in first half and finish the game in the second period. In other case, a team could win 2:0 or 3:0 at the half-time and will draw or lose the game. A great example of such result is the 2005 UEFA Champions League Final between AC Milan and Liverpool won by the Reds 3:2 in penalties despite losing 3:0 at half time.

Example:
AS Roma 2:0 (1:0) Inter Milan (AS Roma half time/full time)
We win the bet as we have correctly predicted that AS Roma will be winning after the first half and will win the match overall. If one of the results of the halves would be different we would lose the bet.
Correct score - As the name suggest it, in this bet, you have to predict the exact outcome of the match. This type of bet is advised only for the most experienced punters with nerves of steel or those who rely almost entirely on luck. It is one of the most difficult bets to win. Because of its low probability and a number of different variables, the odds for such bets are extremely high. Even with staking a single unit (for example $1 or 1£) you can win a lot of money because the odds for such bets can rise up to 500/1 (501.00). In most cases, the odds for quite probable results such as 1:0, 1:1 or 0:0, which are by the way the most common results in football, are roughly between 5/1 (6.00) and 15/1 (16.00). Thus, they are still high enough to make a lot of money with a smaller stake. This is the reason why a lot of punters attempt to bet using such bets. However, only a few are successful in a long-term.

Example:
Ajax 2:1 PSV (Correct Score 1:0)
We lose the bet as the result of the selected match is different from the one we have predicted. In this type of bet we need to exactly predict the final outcome of the match in order to win.
Goal scorer - is a conditional bet where a punter must pick the goal scorer in a match or a competition. There are both bets for a player to score a goal in a particular game as well as an outright bets for the top goal scorers in the whole competitions. It must be said though, that in both cases, the odds for the best attackers of top teams are quite low. When a player scores 30-40 goals per season, you can be sure that the odds for him to score in a match or to become a top scorer will be very low. The key in betting on goal scorers is to place such wagers very early on, before the odds will drop. In single match betting, you can also risk betting on less-probable options with players that usually do not score many goals, but it is either their birthday, they recently became a father or they play against their old team and want to prove themselves. Such occasions are perfect to commemorate your performance in a match with a goal. It is even more probable when you realise that in such situations, that player’s teammates will try their best to help him score, giving him a penalty to take or creating good chances to score.

Types Of Betting Odds Genesis Open

Example:
Real Madrid (Ronaldo 3’, 27’, Morata 73’) 3:0 Valencia (Cristiano Ronaldo to score in a match)
We win the bet because the player we have selected, Cristiano Ronaldo, scored at least one goal in this match. There are different types of goal scorer bets, such as a bet for the particular player to score two or three goals in a match. A player needs to score at least the amount of goals that we selected for the bet to be successful.