Types of Sports Betting

sports betting

Point spreads

Point spreads are one of the most common types of sports betting. They are used in just about every team sport, as well as some individual sports. Point spreads are calculated by taking the average score of the teams and dividing it by two. This makes the spreads more competitive. However, this doesn’t always mean that the underdog will win.

Point spreads can be confusing, but it’s essential to know how they work. For example, a football team can be a slight favorite with a 3.5-point point spread. This would mean that the point spread would be Tennessee -3.5 (-110). However, the game could be decided by half a point, making the spread -34.5.

Horse racing bets

There are a number of different types of horse racing bets. Among them are the place, show, and win bets. Each of these types offers a specific payout if the horse wins the race. These types of bets are the easiest to place, and have a simple payout structure.

When placing a horse racing bet, it is important to pay close attention to the trainer. A trainer who has a long track record can be a good bet. However, a trainer with a small stable may not have the same big numbers.


Futures in sports betting have become increasingly popular, and they are a great way to make money betting on multiple events. While regular betting is based on a single game, futures bets are based on several games over the course of an entire season. The closer the futures bet is to the actual outcome of a game, the more likely you are to win. For example, if the Philadelphia Eagles win the Super Bowl, a $100 futures bet on the Philadelphia Eagles would result in a $1,000 payout.

Futures bets are a great way to earn money without having to put a large amount of money down. You can also make bets on specific players or teams that you think will win or lose during the season.


Double-header sports betting offers a fantastic way to pad your stacks of wagers in two different sports. This betting option allows you to double-dip on your favorite team and make a profit if they win both games. However, double-header baseball games aren’t available all that often. You can typically find these games only about 25 times a year.

If you’re looking to place bets on double-headers, you must first understand the rules. Normally, each game in a double-header will last seven innings. In some cases, these games can be extended if the score is tied in the seventh inning. In such cases, bets on one game will have to be replaced with a bet on the next game in the series.

Arbitrage betting

Arbitrage betting on sports is a complex method of placing wagers on sports events with the intent of generating a profit regardless of the outcome. This method is most effective when there are disparate odds between two or more bookmakers. This can be accomplished through discrepancies in odds, time, or inter-agency differences. Arbitrage bettors can also hedge their wagers by placing a second wager on the opposing team.

Sports arbitrage betting is legal in most countries and is a great way to take advantage of favorable odds between different sportsbooks. However, you should do your homework before attempting to make money from arbitrage betting on sports. While you can manually compare odds between multiple sportsbooks, many traders prefer to use software that performs the legwork for them. This software can check thousands of sporting events simultaneously and alert you when an arbitrage opportunity is identified. This software is usually available as a subscription service.