The last thing you’re going to want to do before downloading a sports betting app is to make sure you understand the different types of bets, or markets, available. When it comes to sports betting, there are typically six different kinds of bets you can make.
The first kind is the most common and is known as a point spread bet. Point spread bets involve predicting whether one team will beat or lose to another by a certain number of points. These bets tend to pay out more money than moneyline bets, which are the second-most common type of bet. Moneyline bets are where you bet on one team to beat another without any sort of point spread involved.
There are also prop bets. Prop bets are bets on things that aren’t the winner of a match. Betting on who scores first, the number of fumbles, or how many home runs a team will hit. You can also bet on the outcome of a whole tournament or league. Those are known as future bets.
Lastly, there are total bets, where you predict whether the total score will be higher or lower than a particular number, and parlays. Parlays are just a combination of bets. Parlays are the most lucrative bets you can make since you must get every prediction right in order to get paid out.
