When making any kind of football betting wager it is highly advisable to know exactly what kinds of bet are available to you. You should never try to make any kind of bet without knowing exactly what is involved. This could make all the difference between you winning a great deal, or losing even more. Listed below are some of the most popular types of bets, although as you become more confident, you will be able to understand the more complicated types.
Point Spread Bets or Straight Bets
This type of bet is one of the more popular with many people and is quite simple to understand. It is basically a wager where you are placing a bet on the point spread. To explain, if the Bears are favoured to win by ten points, two point spread bets will be available to you:
- A, The Bears will achieve more than ten points.
- B, The Yankees will win or lose by nine or less.
If the Bears score the ten points, the bet becomes a push and all wagers are returned.
Total Bets
The total bet is quite similar to the straight bet, with the exception of the wager being placed on the total points accumulated for the game. If the number on offer is 30, you then place your bet on whether the total will be above or below that number.
Money Line Bets
These are the most straightforward of all the bets, where you simply place your wager on who you think will win the game.
Parlay Bets
The parlay bet can be the most lucrative of all, but there is also a greater risk of losing. You place a series of bets on multiple events and if you are lucky enough to win each of your selected games, you can win a serious amount.
