Betting 101: Sports Betting Basics
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Roxanne Crawford
- August 20, 2022
OVERVIEW
Before you open up your wallet and place a bet on your favorite team, it’s always good to go over the basics of sports betting before you start. In this guide, we’ll cover the fundamental building blocks of sports betting and teach you what you need to know to make your first wager at a sports book.
How Odds Work
Without odds there wouldn't be any sports betting: odds determine the likelihood of a team winning a game and are used to price our best. In this chapter we look at what odds are and how they work.
Moneyline Betting
Whether you choose to bet on the underdog or the favorite, making a moneyline bet is all about figuring out the likelihood of a team to win or lose, and they put your money where your mouth is!
Spread Betting
Find out what it means when a team "covers the spread", and learn about why spread betting is among the most popular wager types.
Over/Under Betting
Pick a side when you bet by betting the totals - also known as over/under. Learn how to wager on the game points and scores with the o/u bet.
Prop Bets
Prop bets are a ton of fun! You can bet on things like who is going to make the first pass or touchdown, and other things other than the just the outcome of a game.
Placing A Bet
Once you are ready to place a bet with an online sportsbook, follow these easy tips to get started.
