There are many sports betting options available. These include futures bets, Moneyline bets, Total score bets, and Over/Under bets. Before deciding which ones to place your bets on, it is helpful to know what the odds are for each event. The odds are set by the sportsbooks based on the probability of the event occurring. High probability events have lower odds and pay out less money, while low probability events pay out more money. Most sports betting options will give you two sides, while others may give you more than one.

Total score bets

Total score bets are betting odds that reflect the combined score of two teams. This combined score may be over or under a certain number. These types of bets are often referred to as over/under bets. In a football game, for example, a sportsbook may predict a combined score of 66, and bettors place their bets on whether the combined score is higher or lower than that number.

Total score bets can be challenging to predict, but they are also easy to make. They are ideal for new bettors and those who do not follow the game closely. Unlike the other bets, totals don’t require you to predict a winner, or know the teams in-depth. However, you do need to understand how each team plays and what kind of performance they can provide.

Spread bets

Spread bets in sports betting are different from fixed-odds betting in that the payout depends on the accuracy of the wager. They are also different from parimutuel betting. In fact, spread betting is the only kind of betting where you can place a bet that is based on the spread.

When it comes to sports betting, spread bets are a great option for those who are looking for a more flexible way to place their bets. These bets can be placed on anything from the number of goals scored in a football game to the difference between the winner and second place in a horse race. Spread bets aren’t regulated by traditional sports betting exchanges, so there are fewer restrictions and more flexibility.