Here we continue to share top major types in sport betting. Distinguishing difference as well strength and weakness of per type is necessary to make decision correctly.
3, Straight Bet
This type is extremely popular in some team sport like football, basketball or water polo so on.
It is usually called another name as a point spread which you should place on bet for the favorite to give up points or the underdog to get points. In case the favorite team win the game with more scores than you ever place or the underdog team win the game with less scores than you ever place, you will become a winner and receive prize from your bookmaker. Or the result ties finally, no money is transferred for you or bookmaker.
The fact that, straight bet is similar with over/under bet ever introduced you in the former article. But over/under bet will be determined by total scores of both teams, while straight bet only focuses result of one team.
For some bettors, straight bet is easier to order and win than over/under bet because they have more time to do research profile of one team.
4, Money Line Bet
Once you use a money line bet, you will pickup a team to win straightly without waiting final points.
In general, this type is simple and easy to follow. However, it is risker than other types when you place total money to pickup one favorite team while the result can be opposite. So, you can lose all money.
This type is also offered in almost sports, especially in baseball and hockey which is favorited in the USA.
5, Parlay Bet
It is also referred as multi bet. It means bettor has the right to pickup one single or several bets in one match. as long as bettor complies with the limited time from bookmakers.
Once you separate your wager into small timers, you can increase your opportunities for winning because you adjust result based on real situations.