Sports betting are an illegal type of gambling in which the bettors make their bets on team or players. Many websites provide the facility of betting online. One such website is sbobet where people can bet on any sports. They can also do live betting or make a bet for a later date. There are different types of sports betting which have been discussed here.
Straight Bets
This is the most basic type of sports bet in which sports bettors put their bets, especially on football. Most common wagers also like to make this kind of bet. There is a betting line, which is also referred to as point spread. The bettor can bet on his favorite game or player or he can bet in such a way that he gets points. Such betting is called underdog. In the case of favorite bet, the bettor has to earn points than the one set on the spread. The underdog can win if he gets the points set on the spread.
Total Line Bet
This is another most popular bet among the bettors. In this bet, a number is set for both the teams who are going to play football or basketball. The bettors have to bet either less than the set number or more. Bettors can also bet on each half of the game.
Money Line Bet
In this type of bet, there is no point spread. The bettors have to pick a team and bet on whether it is going to win or lose. This is a risky bet because the bettors have to bet the amount, which is more than the bet set or less than the amount set. These types of bets are made on major sports like baseball and hockey.
Parlay Bets
In this kind of bet, the bettors have to group two or more picks within a single bet. The picks in a bet can be between 2 picks and 12 picks. The payment of the bet is done according to the number of picks. The bet is won if the bettor has won all the picks or if entire parlay is lost. It is a very risky bet and people with a weak heart should not play this bet.
Teaser Bets
This type of bet is said to be a twist in the parlay bet. In this case, also, bettors have to take two or more picks for a bet. But they can reduce the points and he will get a lower payout. The disadvantage of this bet is that people rarely get the full amount.
Head to Head Bets
This type of bet can be played on sports such as NASCAR or golf. There are two competitors and the bet is played on them. This bet is very popular as it is very hard to decide the winner.
Wrapping Up
These are some of the sports bets, which people can play and win through various websites like sbobet. Winning and losing depends on the type of bet that the bettors have made.
