Different Types of Sports Betting at Online Sportsbooks


Whether you’re new to sports betting or already an experienced bettor, there are several different types of bets to consider. Moneyline bets are an excellent place to start, as they’re a simple way to place a wager on a single game. You simply select the team or player that you think will win, and the odds are listed on both sides of the line. Favorites will have negative numbers while underdogs will have positive numbers. Another popular type of bet is a parlay, which combines two or more outcomes on one slip. You must pick all selections correctly in order to win, and the odds are generally longer. Parlay wagers are among the biggest causes of sportsbook hold, so you should be careful about placing these types of bets.

Enhanced odds

Enhanced odds are a great way to boost your wager. However, be aware that the enhanced price is only available during certain time frames. This is why you should take the time to look into the promotion before you place your bet. You should also check if the odds are right for the game you’re betting on. This way, you can maximize your winning bet.

Alternate lines

When it comes to sports betting, alternate lines can be a profitable strategy. They can help you determine which teams have better odds. Whether you are a big fan of a team or are a novice, you can find a good value bet with alternate lines.

Bet credits

If you haven’t heard of Bet Credits before, they’re free money that can be used to place any type of wager, from single wagers to multiple wagers across multiple sports and markets. Once you win using these funds, your winnings will be credited to your account as cash. If you want to use them again, you can withdraw them just as you would cash.

Deposit match bonuses

Deposit match bonuses are a great way for sportsbooks to reward new and existing customers. The bonus is given to new customers as an incentive to place their first bet. While most sportsbooks only offer deposit match promotions for new customers, some may offer them to existing users. It’s important to read the terms and conditions carefully before accepting a deposit match bonus offer.

Free bets

Free bets at sportsbooks are a great way to try out a new sportsbook before you deposit any money. These free bets are usually in the form of bonus bets or tokens that pay stake. However, they come with some limitations, and most of them are tied to certain terms and conditions. Make sure to read these carefully before you place any bets.

Rollover requirements

If you want to place sports bets online, you need to understand rollover requirements. These requirements are the number of times you must wager the amount of your initial deposit before you can withdraw your winnings. While offshore sportsbooks are more likely to have rollover requirements, domestic sportsbooks may also have them.