Sports betting can be a thrilling and profitable pastime, but it can be overwhelming for unpracticed punters. With so many wagering markets to choose from, it can be challenging to know where to start. In this article, we’ll discuss the best wagering markets for unpracticed punters.
Moneyline bets are the simplest and most straightforward wagering market. With a moneyline bet, you simply bet on which team will win the game. The odds for each team are presented as a positive or negative number, indicating the amount you’ll win or have to wager to win $100. For example, if the odds for a team are +150, you’ll win $150 for every $100 wagered.
Point Spread Bets
Point spread bets are a popular wagering market that can add excitement to a game. With a point spread bet, you bet on which team will win the game, but with a point spread added to even out the odds. For example, if the point spread for a game is -5, the favored team must win by at least 6 points to cover the spread and win the bet.
Over/under bets, also known as totals bets, are based on the total number of points scored in a game. With an over/under bet, you bet on whether the total number of points scored will be over or under a set number determined by the sportsbook.
Prop bets, short for proposition bets, are wagers on specific events or outcomes within a game. These can include bets on which player will score first, which team will score the most points in a quarter, or which player will have the most yards in a game.
Futures bets are wagers on events that will happen in the future, such as the winner of a championship or the MVP of a league. These bets can be made at any time during the season and can offer significant payouts if you correctly predict the outcome.
Sports betting can be exciting, but it can also be overwhelming for unpracticed punters. By focusing on the simplest and most straightforward wagering markets, such as moneyline bets and point spread bets, you can start to build your knowledge and experience. As you become more comfortable, you can explore more complex wagering markets, such as over/under bets and prop bets, and even take a chance on futures bets.
Can I place bets on multiple wagering markets in one game?
Yes, you can place bets on multiple wagering markets for the same game.
What is the difference between a favorite and an underdog in a moneyline bet?
The favorite in a moneyline bet is the team that is expected to win the game, while the underdog is the team that is expected to lose.
How are point spreads determined?
Point spreads are determined by the sportsbook based on factors such as the teams’ past performance, injuries, and other variables.
Are prop bets only available for specific games or events?
Prop bets can be offered for any game or event, but the selection of prop bets may vary depending on the sportsbook.
How can I stay informed about upcoming games and events?
Follow sports news and updates, and check the schedules and odds at your preferred sportsbook regularly.