Basic Bets for Sportsbook Betting

Basic Bets for Sportsbook Betting

After you open an account to bet sports online, you will need to know the basic bets for sportsbook betting. There are a lot of different options out there, but today we will start off with a few of the most basic. The first thing you will want to do is to open an account and make your first deposit. Then you will be able to bet football, baseball, hockey, soccer and more. After you have done some of these basic bets for a while you may, or may not, want to move on to more advanced bets. Either way, you will get the hang of sportsbetting the more you practice, and the more money you make the more you will enjoy it.

One of the first and most basic bets is the straight bet. In games, oddsmakers will set a favorite and an underdog and determine a certain number of points by which they think the favorite will win. The underdog will be given points, + 7 for example. And the favorite will be giving points, or -7. At times the teams are considered evenly matched and will be marked PK (Pick em) or E (Even). A typical game will be listed like this:

101 New York Jets +7

102 New England –7

To bet New England and win your bet, they must win by more than seven points. If you want to bet on the Jets, you either must win the game or lose by less than seven points. The next type of bet is called a totals bet, or more commonly known as the Over/Under bet. With this type of bet the bookmaker will set a number that reflects a combination of the scores of both teams. For instance, if the total is set at 137 for a basketball game, you simply bet if you think the total score of the game will be over or under that amount. If the score of the game ended up 75-70 and you bet over, you would win your bet. If you bet under you would lose as the total of this game ended up 145.

The final type of bet we will show you is the money line bet. There are no pointspreads involved with this bet. Each team is given odds and you will risk more to bet the favorite to win than you will to bet the underdog to win. For this example we will use a couple of hockey teams:

101 Philadelphia Flyers -175

102 Carolina Hurricanes +145

If you want to bet Philadelphia to win in this example you will have to risk $175 to win $100. With the underdog Carolina Hurricanes you will wager $100 but will get $145 if they win.Getting familiar with the basic bets for sportsbook betting won’t take you long. And as you get better at understanding the bets and spotting trends, you will start to do better with your bets. There are more advanced types of bets available and you will learn about these as you learn about sportsbetting in general. We have found America’s Bookie to be the best for offering a variety of sportsbetting options. So now that you understand a few of these types of bets, open an account and start playing around and learning.