When it comes to sports betting, there are many different types of wagers available. One type of bet is the moneyline, which is based on the result of the current game. The other two types of bets are the point spreads and futures. Point spreads and futures are based on specific events in the future, such as the division or championship winner. For example, in the NBA, the favorite team to win the championship is the underdog, which means that a large payoff can be made on a loss by a team with a lower point spread.
The easiest type of bet to place is the Julian Edelman over/under 6.5 receptions. These player props have lower limits than the other types of betting lines, but are the easiest to start with. It’s a good idea to get acquainted with player props before you make a big investment. This way, you can track your progress and determine which bets are most likely to win. In addition, you can use these to find your betting strengths and weaknesses.
Another type of bet is the over/under bet, which is not based on specific teams. Instead, this type of bet is based on the overall score. For example, the Cardinals’ over/under is 48 points, so you’d bet on them to score less than 48 points. Similarly, a parlay combines several bets on a single ticket. Parlays generally offer larger payouts, but the odds of winning are lower. You must win at least one of the bets for the wager to pay off.