As a bettor, you might think that there is only one way to bet on the win or loss of a team. But no, you have other options too for placing the bets. You can gamble on the fringe of win, the whole number of points scored, and countless other ways. Knowing these ways will help you understanding sports betting thoroughly. It will let you enter the pool of successful bettors by knowing the possible ways of betting.

American/Moneyline bets

This is the most common and easiest way to get insight into betting. With Moneyline, you can bet directly on the winning of a particular team to win the bets. For example, if you want to bet on the win of the Lakers then you will win the money if the Lakers win. But, you will lose the money if the Lakers lose the match. This betting is based on straightforward principles.

Point spread bets

This type of bet is not related to the final outcome of the match. But they are related to the margin of victory. For instance, if a team is designated with -6.5 then it is favorite and expected to win with more than these points. On the other hand, if a team is designated with +6.5 then it is the underdog and expected to lose the match fewer than these points. Understanding sports betting with this bet is also as easy as Moneyline.

Over/under bets

This betting is associated with the total scores and you have to bet for over and under the scores. For instance, if the point total is set as 40.5 and if the combined score of both teams is greater than this number, over bet wins. But, if the number is lower than this point, then under bets will win. Let’s say the combined score is 20 and 18, then the total is under that is 38. But if the score is 22 and 20, then the total is over which is 42.

The Ending Part

Understanding sports betting like a pro with these bets is really effortless. These three types of bets are commonly used by the bettors to win the money. You can learn to place bets using them for grabbing huge betting money.