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Sportsbook Betting – The Three Basic Types of Bets

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When you first start betting at a sportsbook, you may be confused as to which bets to place. You should know that there are many types of bets, including in-game wagers, moneyline bets, and no action bets. The best sites offer a wide range of betting options to suit different types of bettors. In this article, we will discuss the pros and cons of the three main types of bets.

In-game wagers

In-game wagers at sportsbooks offer many benefits, but if you’re looking to maximize your winnings, you should focus on a few basic types. For example, you can place a wager on the total number of points scored in a game, also known as the moneyline. Whether the team will win by a certain score or lose by a certain margin is also up for grabs, and over-under wagers are popular options for those who don’t know what to look for. To learn more, most online sportsbooks have an infographic to explain the different types of wagers.

Unlike traditional sports betting, in-game wagers at sportsbooks involve placing wagers during the game. In-game wagers include moneylines, multiple-spread, half-and-quarter, and prop bets. While not every sportsbook offers in-game wagering, the benefits can be substantial. The downside to in-game wagering is that not every sportsbook offers in-game wagers. However, for those who know what they’re doing, it’s worth trying it out.

Moneyline bets

Unlike point spread bets, moneyline bets have no spread and the payout depends on the final score, instead of the point spread. Oftentimes, a sportsbook will add juice to a moneyline bet if the spread goes over a certain amount. To avoid this, place smaller bets. For larger bets, you can increase your wager and receive a larger payout.

If you are new to sports betting, you may not know what to expect from moneyline bets. Many sportsbooks offer various types of futures betting, such as NBA games, NHL games, and the winner of Aaron Judge’s home run crown. However, the odds and betting limits for each of these events will differ. In general, futures betting involves placing bets on teams’ performance, game calls, and more.

No action bets

If you’ve placed a bet on a game and it doesn’t win, the oddsmaker may mark the bet as “no action.” If the match doesn’t end, the bet will be refunded in full to the bettors’ accounts. However, some sportsbooks grade “no action” bets as “pushes,” thereby giving a negative effect on the odds. No action bets are often listed in a section on the sportsbook’s site devoted to such events.

Likewise, if a player is listed as a starter but does not play, a prop bet placed on him is a no-action bet. In some cases, no-action bets are considered live as long as the player is on the roster. Futures bets can be even more confusing. For instance, a NBA MVP bet may be considered no action if the player is out for the entire season.

Prop bets

The oddsmakers in a sportsbook set the benchmark number that must be met in order to win a prop bet. Prop bets are not based on team names, but on an event that will occur during a game. A prop bet can either be a yes/no question or a number of goals. Prop bets are a great way to place a bet that you are not 100% certain of, but it is still a good idea to understand the odds and the vig.

Prop bets are a great way to keep yourself involved in a game without having to follow the game. A Super Bowl prop bet is a good example. Bettors can wager on Mecole Hardman catching a deep pass from Patrick Mahomes. In the same way, you can wager on Travis Kelce catching deep balls for the New York Giants. Another type of prop bet is on the coin toss, which is a game that isn’t decided until the end of the game. If you win, you can use your winnings to place future bets.