Straight or Spread Bets
We also call straight bets against the spread wagers. Spread bets involve choosing one side of a spread. See an example:
Team A +3, -110
Team B -3, -110
If you believe Team B can beat Team A by 4 or more points, you then place a wager on Team B. If you believe Team A doesn’t lose to Team B by more than 3 points, you’d bet on Team A.
Underdogs in spread bets get points from favorites. Favorites in spread bets offer points to underdogs.
You can place a wager on a team to beat the other team outright. We call these moneyline bets. Nothing’s as simple as a moneyline bet:
Team A +215
Team B -155
You can bet on Team A at +215 to beat Team B. +215 odds mean that for every $100 you wager on Team A, you get back $215 in profit. A bet on Team B at -155 means that you must wager $155 for a $100 return.
Handicap / Run Line / Puck Line Bets
Handicap bets are corresponding to spread wagers. The difference is language. We call spread bets in soccer handicap bets. We call spread bets in baseball run line bets. We call spread bets in hockey puck line bets.
Prop bets are wagers on specific events within a game. A prop bet can also be a wager on something like who wins the NFL MVP Award. A good rule of thumb? If it isn’t a moneyline, against the spread, or handicap bet, it’s almost always a prop bet!
Future bets are always prop bets. Who do you believe wins the Super Bowl? Who do you believe wins the World Series? Check future odds and then back the team you prefer.