Choosing the right bet is essential to make money at a sportsbook. You can find many different types of bets at sportsbooks, including parlays, moneylines, and proposition bets. Let’s look at a few of them and their pros and cons. These types of bets can make or break your sportsbook. Below, we will discuss some of the most popular ones and how to make the right choice.
Point-spreads
What are point-spreads at sportsbooks? Point-spreads are margins between two teams. Sportsbooks set them based on a variety of factors, including home-field advantage, rest, injuries, and more. Because most sports do not use half-points, most spreads are set with 0.5 points on each side. This extra value ensures that one team will win if the spread is right.
Moneyline
If you’ve ever placed a bet on the moneyline at a sportsbook, you’re probably already aware of the fact that moneylines tend to move both ways. This can have a huge effect on how you bet, so make sure you monitor the changes in the moneyline. Then, you can use this information to find out if there’s any disparity between the current odds and those from previous games.
Parlay
The main reason why many people enjoy parlay betting is the possibility of winning big. Parlays combine several games into one package, with the odds of each team winning increased. However, parlay sportsbook losses are very expensive, as recovering from one loss is extremely time-consuming. A new type of parlay is the same-day parlay, which involves betting on two different games on the same day. It offers a huge prize, but there is no guarantee of winning.
Proposition bets
If you’re interested in placing bets on sports, you may be surprised to find that many sportsbooks offer a variety of proposition bets. These wagers are available for many different sports, but are particularly popular in sports with high betting volumes. If you want to maximize your potential returns, you’ll need to be aware of the different betting propositions and learn how to place them. Below, we’ve outlined the best ways to place a sportsbook proposition bet.
Free play bonuses
Sportsbooks offer a variety of promotions and offers to attract new customers. Some come with dollar amounts, while others are cash matches of your first deposit. To be eligible for a free play bonus, you must sign up with the sportsbook and make a qualifying deposit. To get a bonus, most sportsbooks have minimum odds requirements and wagering requirements. Some new sportsbooks also offer additional promotional offers, including a large bonus on your first deposit.
Legal mobile sportsbooks
Legal mobile sportsbooks offer great bonuses to new customers, including free betting credits. While this is rare for online sportsbooks, some mobile sports betting platforms may offer free betting credits for new account holders. There may also be no-deposit bonuses offered by states preparing to legalize sports betting. Although sports betting may seem intimidating to a novice, it’s not as complicated as it sounds. Here are some of the best bonuses to look for in a mobile sportsbook.