Online sports betting is fast becoming a very popular activity because it helps sports fans and gambling enthusiasts place wagers on all sorts of games with maximum convenience. If you are keen to gamble on sports then you’ll really enjoy placing bets online because you can easily choose a good bookmaker based upon the prices offered. First of all, you’ll need to learn about the different types of bets you can place.

Straight Bets

These are the simplest bets and all you have to do is place a wager on any particular team to win. There is no question of calculating points in this type of bet. They are generally used to bet on matches that have low scores.

Point Spread Bets

Here, bookies list which team is the favourite and also indicate the points by which they will win. In case you place a wager on a particular team to win by 8 points and they win, but only by 6 points, then you will lose the wager. In other words, the team did not win enough to cover the spread. 

Against the Spread

Commonly known as ATS bets, these bets are ones in which you bet that a team will win by either more or less than the figure stated in the spread

Over and Under Bets

These are another variation of Point Spread Bets. Here, bookmakers indicate not just the team that is favourite to win along with the point spread but also the over and under score. This score is the combined points that both sides are expected to score during the match. Just suppose the total score is expected to be 32. In case you expect the score to be higher than this figure then you should bet over. If, on the other hand, you expect the score to be lower then you should bet under.

Parlays

These are complex bets that are very popular with punters because they are exciting. They involve placing multiple bets together on a single ticket. In case you win each of the bets that constitute the parlay then the payout is much higher than in case you placed each wager separately. However, just in case you lose even one wager on the card then you will lose the entire parlay. It goes without saying that this is a very risky bet even though the reward is high.

Futures

These are bets that you place far in advance of the event, such as at the beginning of the sporting season. These bets generally involve very high odds. They can be extremely profitable for people who can guess well.

As you can see, there are numerous types of bets you can try out. Be sure, however, that you do plenty of research on the sport you want to bet on so that you have a good understanding of the odds and spreads involved.  If you are passionate about a sport then you’ll be able to put your in-depth knowledge to good use when placing bets!