As much fun as it is to watch sports events on television, it’s even more fun should you have a wager on your favorite team. Every time your team has a winning play, it becomes more exciting knowing that you’ve got money riding on the outcome. You may bet on sports for example basketball, baseball, safe football, tennis, hockey and soccer at sportsbooks, either physically, online or in some cases, even over the phone. On the other hand, betting on sport events may be complicated, since there are numerous kinds of betting that you may make. Here are several of the common bets that sportsbooks offer.

Straight Betting. Also referred to as an individual, this is the simplest kind of bet that you could make. You simply bet on the team that you believe will win and also the given odds will determine just how much you will win.

Point Spread. This is the next most popular sportsbook bet. In a point spread bet, the oddsmaker gives the favored team a handicap as a way to make the 2 teams equally attractive to bettors. This handicap is called a spread and is often expressed as a negative number beside the favored team. In a point spread bet, you win if the favored team’s winning score might be more than the spread. If you on the underdog, the wager pays off in the event the team wins or maybe if they lose by less than the spread.

Buying Points. When you buy points on a point spread, you pay an extra amount to move the spread. Hence, you acquire more points whenever you bet on the underdog or give away fewer points when betting on the favorite, which may spell the main difference between a winning or losing bet.

Parlay. When you bet parlay, you are betting on the outcome of multiple games. All of the teams you have bet on must win for your bet to pay off. If even one team loses the entire bet is lost.

Teaser. This is much like a parlay bet, except that points are added to an underdog’s spread or subtracted from a favorite’s. This increases the prospects of a successful bet but also decreases the odds, resulting in a smaller payoff if your bet wins.

Over/Under. You bet on regardless of if the total number of points scored by the two teams is over or under the total set through the oddsmaker.