What Are the Different Types of Bets Available in Sports Betting?

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Sports betting offers various types of bets that allow bettors to choose different ways to wager on a game or event. Here are some of the most popular types of bets in sports betting:

  1. Moneyline bets: In a moneyline bet, a bettor simply picks which team or individual will win the game or event outright.

  2. Point spread bets: A point spread bet is where the sportsbook handicaps the game to make both teams or individuals evenly matched in terms of betting odds. The bettor then wagers on which team will win the game after the point spread is added or subtracted from their final score.

  3. Totals or over/under bets: A totals or over/under bet is where the sportsbook sets a total number of points, runs or goals that will be scored in a game or event, and the bettor wagers on whether the actual number of points, runs or goals will be over or under the set total.

  4. Parlays: A parlay is a bet that combines multiple wagers into one. A bettor can place a parlay on two or more different games, with all of their picks needing to win for the bet to pay out.

  5. Futures bets: A futures bet is where a bettor wagers on the outcome of a future event or season, such as predicting the winner of the Super Bowl or the NBA Finals.

  6. Proposition bets: Prop bets are bets on specific events or occurrences within a game, such as which player will score first or how many yards a certain player will rush for.

Bettors can also find additional types of bets depending on the sportsbook and the sport they are betting on. It’s important to understand the rules and strategies associated with each type of bet before placing a wager. Additionally, they can reach out to the Hero Hotline for further assistance.

Looking for more information about the best sportsbooks offers? Go to our list of the top sportsbook promotions in your state.

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