To win a point spread bet, the favorite team must win by more than the point spread, while the underdog must either win the game outright or lose by less than the point spread. The favorite team is given a negative point spread, while the underdog is given a positive point spread. The point spread is a number set by oddsmakers to even out the betting action on both sides of a game. Point Spread Bet: A point spread bet is a type of bet that takes the point spread into account. For example, if the moneyline for the New York Yankees is -150, that means you would need to bet $150 to win $100 if the Yankees win the game. The odds for each team or individual are expressed in terms of a moneyline, with a positive number indicating the underdog and a negative number indicating the favorite. It simply involves betting on which team or individual will win the game or event. Moneyline Bet: A moneyline bet is the most basic type of bet in sports betting.
Here is a full overview of the most common bet types, explained in an advanced way: There are several different types of bets that are commonly placed on sports and other events. For the uninitiated, the names of the different bets and the numbers might be a confusing and a bit daunting.especially if you're placing your hard earned money on the line. As a modern day Sports Bettor, there are many bet types available to you.
