Guide·2 min read·

Types of Sports Bets Explained

Sports betting offers more bet types than most new bettors realize. Understanding all of them helps you find the best opportunities across different markets.

Game Bets

Spread: The most common bet type. Bet a team to win by more than the spread (favorite) or lose by less (underdog). Standard price: -110 each side.

Moneyline: Pick who wins outright. No spread. Favorites at negative odds, underdogs at positive.

Total (over/under): Bet whether combined score is over or under the posted number.

First-half/second-half bets: Halftime lines for just the first or second half of the game. These open at halftime for second-half bets.

Alternate lines: Most books offer alternative spreads and totals at adjusted prices. A -3 team might be available at -6.5 for better odds or at -1 for worse odds.

Multi-Game Bets

Parlay: Combine 2+ selections. Must win all legs. Higher payout, higher risk.

Teaser: Move spreads in your favor across 2+ games. Pay for the movement with reduced odds.

Round robin: Create multiple smaller parlays from a group of selections.

Player and Game Proposition Bets (Props)

Player props: Bet on individual player statistical outcomes (passing yards, points scored, home runs).

Game props: Bet on specific game events (first TD scorer, highest scoring quarter, OT yes/no).

Same-game parlay (SGP): Combine player props and game markets from the same game into one bet.

Futures

Championship futures: Who wins the Super Bowl, NBA Finals, etc.

Win totals: Over/under on a team's season win total.

Award futures: MVP, Rookie of the Year, Cy Young, etc.

Live Betting

All of the above (spread, moneyline, total, props) can be bet in real time after a game starts, with continuously updated odds.

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