3. MoneylineĪ dollar-value wager placed on a sporting event where a point spread is usually not assessed. If you chose Miami, they would need to lose by four points or fewer - or for Miami to outright win - for your wager to win. This means if you place a straight bet on Minnesota, they will need to win by five points or more for your wager to be a winner. The margin assigned by oddsmakers that is factored into the final score of a wager, either added to the score of the underdog team, or subtracted from the favored team's score.Įxample: Minnesota is a 4.5-point favorite over Miami. A straight bet is generally made at 11/10 odds, meaning you would risk $11 to profit $10. as long as it is only a single bet on the bet slip).Įxample: If you choose Green Bay to beat Chicago -4 points (-4), and that’s the only wager on your slip, that's a straight bet. The most common sports bet, a straight bet, is a wager specifically dependent on only ONE outcome (can be a moneyline bet, against the spread, total etc.
So you're new to sports betting? We'll break down types of wagers and how they work to give you all the tools you need to enjoy everything sports betting has to offer! Basic Betting Terms You Need to Know: 1. Straight bet