Most people are eager to find strategies to help them win their bets. To rake in winnings, gamblers must first understand the different types of wagers that can be placed on sports.
Understanding several ways to make money out of a game is much better than just relying on one strategy. Below are some of the most common types of betting that you are likely to come across.
Straight Bets
Straight bets are prevalent among players. In this kind of bet, bettors can either support the popular teams or go for the less favored ones. A clear line is drawn for bettors to place their bets.
If you choose to support the popular team, the given team must win the game with points higher than those where the line was drawn. On the other hand, if you choose to support the underdogs, they must either win the game or lose with points lower than those at the drawn line.
Money Line Bets
In money line bets, no line is drawn. Bettors are still free to choose between the popular teams or their opponents. The trick in these kinds of bets is that people who decided to run with the underdogs have a chance of winning more money if the team wins.
Even though bettors still collect a fair amount if the popular teams win, the jackpots are much smaller than those of the less favored groups.
Total-Line Bets
This betting type is entirely different from the ones mentioned earlier. Contrary to the name, in total line bets, no line is drawn. Instead, accurate figures are provided as the match outcome.
Gamblers choose to either bet on the figures provided, bet higher than the number or lower. Going higher than the set result is called going over while betting on lower digits is referred to as going under.
