Sports betting has become increasingly popular, but there are a lot of different types of bets and it can be difficult to keep up. This handy guide to sports betting terminology will help you understand some of the most common terms and concepts.
Bankroll
The most important part of sports betting is knowing how much money you want to risk on a given game agen sbobet88. It’s best to think of this amount as an investment rather than a wager, and it should represent an amount that you’re willing, in the worst case, to lose. Then, you’ll be able to make intelligent decisions about how much to bet and when.
Over/Under
The Over/Under, or Totals, in sports betting refers to the total number of points scored in a game. Unlike traditional point spreads, which are designed to give the underdog a chance to win, Over/Under bets are based on a formula that includes the actual scores of both teams. This is why it’s often referred to as the “Moneyline.”
If you like to wager on the Over, you should remember this famous saying: It’s never Over until it’s Over! There are always a few wild plays in every game that can skew the Over/Under, and you’ll need to be ready to take advantage of them.
Against the Spread
Against the spread bets are a popular way to bet on sports events, as they allow you to bet against the market and potentially win more than you would with a straight bet. These bets are based on the margin of victory that the favored team must win by in order to cover the spread, and they’re typically offered at odds of 11 to 10.
Parlays
A parlay is a grouping of multiple bets on different teams or players. It’s possible to create all sorts of different parlays, from 1-team parlays to 3-team or more. The payout for a parlay depends on the number of teams or players involved, and it’s usually listed on your bet slip when you place a bet in-person or online.
Odds Boosts
Sportsbooks are in a constant battle for your attention, and one of the ways they do this is by offering odds boosts. These are special odds that are higher than the standard ones, and they’re available for a limited time only. You can find them by visiting the Odds Boosts page on your sportsbook’s website. The best way to take advantage of these is by creating a new account and using the promo code that’s listed on the page. Doing this will ensure that you get the highest possible odds on your bets.