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In a moneyline bet , you are wagering on the outcome of a match. Point Spread Bets: A point spread is a slightly different way to bet in the outcome of a match. In this case, each team is given a handicap, which is negative for the favorite and positive for the underdog. In order to cover the spread, the favorite must win by a margin larger than its handicap.

The underdog, on the other hand, will cover the spread if it loses by a margin smaller than the handicap, or if it simply wins by any margin. Future Bets: Just as the name suggests, you are wagering on a future event. Wagering on the champion is the most common type of future bet, but you can also place bets on individual awards such as the MVP.

Instead, prop bets refer to in-game events or individual stats for players. Always compare odds between different bookmakers. While most sportsbooks will usually agree on the favorite and the underdog , the odds may vary between them.

By comparing the odds of different sportsbooks, you will be able to find out which ones offer the best payouts and therefore increase your winnings. Wager on different betting markets. There is always a chance to win big in a match without necessarily having to bet on the moneyline. Check out all the betting markets available for each game and you are guaranteed to find competitive odds.

Weigh risk and reward. Keep in mind that bookmakers set long odds for events that are unlikely to happen. Moneyline Wager The Moneyline wager means you are picking who you think will win the game straight up. In this example the New York Giants are the underdog. The betting line is a payout ratio odds and will be scaled to your actual wager. The favorite in this example is the Detroit Lions denoted by the You need to cover the Point Spread to win your wager.

For example the Favorite in this game is the Detroit Lions as they have a point spread of -3 For you to win your wager, the Detroit Lions would have a final score beating the New York Giants by 4 or more points. The in brackets is the "juice" or "vig" on the wager. For you to win your wager the NY Giants could lose the game by 2 points or less. If the final is score is a margin of 3 points then the wager would be graded a PUSH and the wager amount would be returned to you.

The NFL betting line in the above example is for the full game. Not all Sportsbooks post 1Q lines for all football games.

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