Glossary of common sports betting terms: Parlay, against the spread, money line, and prop bet explained
It's a busy time in the sports betting world. Online sports gambling is legal in more than 30 states. Caesars Sportsbook offers a deposit up to $1,250 on Caesar's first bet. If the bet doesn't hit, Caeres will give you a single free bet credit within 14 days. The offer expires 11/1/2022.
Before you play sports, make sure you know the common betting terms. The sports betting guide explains some of the most popular sports terminology.
The most popular way to bet on baseball is with a money line bet. If New York is a -250 favorite, a $250 bet can return $100 if they win.
Live betting is the best way to follow your favorite baseball team this postseason. Sportsbooks update outcomes as the game unfolds.
Prop bets are bets on outcomes other than the final score of a game. Popular prop bets include how many rebounds a basketball player will tally or how much home runs a baseball player can hit.
Kansas City is a 7.5-point favorite against Tampa Bay. The team must win by 8 points or more to cover the spread. Tampa can cover by winning outright or losing by 7 points.
Outright betting is the easiest betting method and can be used across all major sports. Outright bets are popular when wagering on pro golf.
Paralay is a betting style where all sides have to win or else the bet is lost.
Teaser is a method that pays lower odds than parlay. It allows you to buy a certain amount of points in either direction to increase the likelihood of you hitting your bet.
Neither team can cover the spread if there is a tie. If Kansas City wins the game 27-24 and is three-point favorite, all bets are returned.
Over-under is an easy way to wager on sports with high score totals. Sportsbooks predict the final total of the teams' combined points and you pick whether you think the total will be over or under the sportsbook's number.
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