North Carolina Sports Betting: What Do Bet Types like Spreads, Totals & Moneylines Mean?

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North Carolina Sports Betting: What Do Bet Types like Spreads, Totals & Moneylines Mean?

We are less than a week away from North Carolina sports betting launching. You might wonder how and what to wager on if you’re new to sports betting.

This page will discuss the most common bet types you’ll encounter during your experience, including moneylines, spreads, and totals.

Pre-registration for NC’s initial crop of online sportsbooks began on March 1, but these sites don’t accept bets until March 11. Educating yourself on online sports betting is a good plan because you want to be completely ready for launch day.

Let’s dive in and explore the most common bet types seen at online sportsbooks at North Carolina sports betting sites.

North Carolina Sports Betting: Bet Types

As mentioned, the most popular bet types at online sportsbooks include moneylines, spreads, and totals. However, there are an abundance of other markets you can wager on for most sports, including player props, parlays, teasers, and more.

Here are the most popular North Carolina sports betting bet types you’ll find.

Moneyline

If you’re betting on a moneyline, you’re essentially betting on a team to win. For example, let’s say the Carolina Panthers’ moneyline is listed at +200 odds against the Atlanta Falcons. You decide to bet $100 on the Panthers’ moneyline. If the Panthers win the game, you receive $200 in profit.

This is likely to be the most popular bet type at North Carolina sports betting sites.

Spread

Spread betting is wagering on a team’s odds to win against a handicapped amount. Using the previous example of Panthers vs. Falcons, let’s say the Falcons are favored by 4.5 points. This means that the Panthers are listed at +4.5, likely with -110 odds.

If you wager on the Panthers’ spread, you would win your bet if the Panthers either win the game outright or lose by less than 4.5 points. Suppose the final score was Falcons 28, Panthers 21. The Panthers wouldn’t cover the spread in this scenario. If the final score was Falcons 28, Panthers 24, the Panthers do cover the spread.

Total

Totals come in many different formats, including full-game scoring totals, halftime totals, and individual quarter totals. Let’s say the Carolina Hurricanes are playing the Boston Bruins. You can bet on the over/under 6.5 goals scored in the game, both at -110 odds.

If you bet the “over,” you win your bet if 7+ goals are scored. If you bet the “under,” you win your bet if six or fewer goals are scored.

Parlays

Parlays can provide much larger payouts that your average wager on a single moneyline, spread, or total. A parlay incorporates multiple “legs,” or wagers into one. To win your parlay, all individual bets on the ticket must win. The more picks you have on the ticket, the more you stand to win.

For example, let’s say you parlay the Hornets moneyline at +130 odds with LaMelo Ball to score over 20.5 points at -110 odds. If you put these two selections in a parlay, you would get +339 odds and win the parlay if both selections win.

Player Props

Player props vary by sport, but essentially, you’re wagering on a player’s performance in a game. For example, if you decide to bet on LaMelo Ball to record over 6.5 assists, this would be wagering on a player prop.

Other Popular Bet Types

Outside of the primary bet types you’ll see at North Carolina sports betting sites, you can find some more unique offerings. For instance, you can bet on something called a teaser. This is basically a spread betting parlay. You can also find game props, Round Robins, and more.

North Carolina Sports Betting: Pre-Registration Offers

Looking to claim a North Carolina sports betting promo during pre-registration? Here are some of the best: