Sportsbook Betting Options Explained
When betting on the sports games, you can choose among many betting options. These include Moneyline bets, Parlays, Spread bets, and Exotic bets. This article explains each of them. You can choose whichever you feel more comfortable with and use your sportsbook to place these bets. If you have no experience with any of these bets, you can always contact a sportsbook representative to learn more.
Exotic bets
If you love horse racing, you may be interested in sportsbook exotic bets. These bets fall outside of the conventional win, place, and show betting options. They may include trifecta, superfecta, pick-3, daily double, and more. Sportsbook exotic bets are popular and can provide you with a lot of money! Learn more about them to improve your sports betting experience! Below are some tips for making these wagers.
Moneyline bets
The juice rate on moneyline bets at a sportsbook is relatively consistent, but the percentages may vary. For example, the average amount of juice on pre-game totals lines varied by sportsbook, ranging from 4.52% to 4.67%. This variance can make a big difference in profitability in the long run. To avoid such differences, look for sportsbooks that give you the option to view moneyline odds before placing a bet.
Parlay bets
If you’re looking for a way to increase your profit, parlay bets at a sportsbook are a great option. These wagers combine several separate wagers into a single bet, allowing you to make large cash outs. Parlay bets typically involve betting on three or four teams. While they are more complicated than straight bets, they can also be profitable if you know what you’re doing.
Spread bets
The best sportsbooks offer a wide variety of betting options, including in-play and pre-match bets. Some offer special sports lines, while others offer only specific types of bets. You should pay close attention to the lines and graphics of a sportsbook, and read reviews of previous customers. Spread bets are more suitable for fast-paced games, such as football, basketball, baseball, and soccer.
Dime line
Using the dime line at a sportsbook gives you an added advantage over money lines on baseball games. A 20-cent line moves a team 10 cents. So, a $100 bet on Cincinnati as a road underdog would cost you $140, but you would pocket $145. This extra benefit is a great way to make money on baseball games. If you’re a fan of baseball, consider using a dime line at your sportsbook.
In-play wagering
In-play wagering at a sports book is different from live betting, as it allows you to place your bets during the game itself. Live betting occurs during commercial breaks, while in-play wagering occurs during game time. The odds will change nearly after every play, allowing you to bet on a specific outcome. The downside to in-play wagering is that it is usually less efficient than pregame wagers.