Sports Betting 101

sports betting

Sports betting is an activity where two or more people bet on the outcome of a sporting event. It can be in the form of wagering on a specific team to win a game, or it can be in the form of futures betting, which predicts the outcomes of games over a period of time.

Bets Are Made on Various Events

The most common type of bet that people make is betting on which team will win a game. However, there are also bets on how many total runs/goals/points will be scored in a game or an individual athlete’s performance.

Different types of bets offer different values, so it’s important to bet on a variety of events to increase your odds of winning. Choosing the right bet is key, but you should be careful not to overdo it or risk losing your entire bankroll.

American Odds

One of the first things you’ll notice when looking to place a bet is how odds are calculated. In America, the sportsbooks have a mathematical process that aims to keep both sides as even as possible. This helps the bookmakers from losing a lot of money and ensures that bettors can be paid for their winnings.

Over/Under bets are a fun way to wager on games. These bets are just like a regular moneyline, but you can only win if the combined total goes over or under the number posted by the sportsbook. A Seahawks-Rams matchup has a total of 42.5 points, so if you think the combined scores will end up in the range of 43 to 44, you’re going to bet on the Over.

Posted in: Gambling