Sports Betting

Lesson 4 – What is a Bookmaker and how do they set the lines?

Learn what a bookmaker/bookie is and how to find the right one for you. A bookmaker or bookie is a company or individual who creates and posts lines and odds for sports betting. Books will initially set the line using advanced mathematics, scientific formulas, computer algorithms and team power ratings. After the initial line is released, they will track where the money is being played and adjust the lines and odds accordingly.

Lesson 16 – What is a Futures Bet?

Learn the basics of futures sports betting, and how it can be advantageous and exciting. Futures are usually put up before a season or an event and can be updated throughout the season or event. You may have heard of a team being the favorite to win the championship during the pre-season. This statement comes from futures odds.

Lesson 3 – What is an Over/Under Bet?

Learn what it means to bet the Total and how to read the odds when it comes to picking the Over or Under. Over Under betting or Total betting is another very common bet in the sports world. Totals in a single game bet is when you are betting on the total number of points scored by both teams.

How to Bet on Boxing

The most common type of bet in boxing wagering is the moneyline. This is where you simply bet on who will win the fight. Pick the correct winner and your bet cashes no matter how they win, whether it is by judge’s decision or a knockout in the ring. The second type of boxing bet would be on the total number of rounds in a fight. You are trying to predict when the fight will finish. There are also a multitude of prop bets in boxing. Some include props based off of stats. For example, betting over or under on the total amount of punches a fighter lands in the fight.

Lesson 13 – What is a Parlay Bet?

Learn how to place a parlay bet and what the advantages and disadvantages are. Parlay is a common term you will hear in sports betting. A parlay connects multiple bets on one ticket.

Lesson 2 – What is the Moneyline?

Learn what the moneyline is and how to interpret moneyline odds with examples. A money line bet is the most simple bet in sports betting. When you bet on the moneyline, if your team wins then you win. It is that simple. You pick who you think will win and do not have to worry about any point spread covering or late-game shenanigans.

How to Bet on NFL Football

There are three standard bets you can make in any NFL game. The first standard NFL bet is the spread on a game. One of the teams will be favored usually in between a range of zero, or pick em, to a touchdown. The second standard NFL bet is the total. This is when the book sets a number to try and predict the combined final score and the bettor either bets under or over that number. The third and final standard NFL bet is the moneyline. This is the most simple. If you just want to bet on which team will win, regardless of the score or spread, go with the moneyline.

Lesson 14 – What is a Round Robin Bet?

Learn how to construct a round robin parlay and when to utilize it. Round Robin bets involve multiple teams... usually two to six but it depends on the sportsbook. It is a way to combine multiple parlay bets in a single bet. Round Robins allow a bettor to bet multiple parlays at once. If you want to make multiple parlays the book will create them for you automatically after you select your teams.

Lesson 1 – What is the Point Spread?

Learn what betting the spread is and how to read the lines. Point Spreads are the most common bet in sports. Also known as the line or simply the spread… Point Spreads are the great equalizer. The point spread gives one team a certain amount of points to make the teams seem more equal.. This entices people to bet on both teams even if one is perceived to be way better than the other.

How to Bet on Esports

ESports, or organized video game competitions, are the new thing on the market and now the betting world is catching up and posting odds and action on multiple events and games. The most common way to bet on eSports is the moneyline or match-up winner. This is a common way to bet no matter the game. The most important thing to know when betting on eSports is the game you are betting on. A book will post odds between two different eSports teams going head-to-head and you are betting on who you think will win the gaming matchup. Make sure you understand the intricacies and rules of the game they are playing instead of getting wrapped up and just following the most popular team or gamer.