As far as hobbies go, sports betting is a complex one with a lot of depth. Most of this depth is the result of the fact that there is a vast array of options when it comes to what type of bet you’re going to place.

Sports betting is a complex hobby with a lot of depth. Most of that depth stems from the fact that there are vast options when it comes to the type of bet you want to place.

No matter what type of bettor you are, it helps to have a firm grasp of the bet types available to you. The more you know, the more informed you can be as you make your day-to-day betting decisions.

Moneyline

Moneyline bets are the simplest ones you can find when enjoying the online betting NZ has to offer. All you need to do is bet on a team, a player, or a horse to win. These bets are often the first ones you’ll see listed on specific games or races at sportsbooks.

Matches can sometimes be relatively uneven, which means that moneyline bet odds vary quite largely. Mismatched games may see the underdogs with long odds -and the huge potential payouts- while the favourites have short odds, where they’re expected to win but with a lower payout.

Point Spread

Point spread bets can be fun for experienced bettors because they even the playing field. When it comes to point spread betting, underdogs are given extra points. For example, you might see bets listed that look like:

• The Denver Broncos +14 (-110)
• The Dallas Cowboys -14 (+110)

In this case, the Broncos look likely to lose by at least 14 points, so oddsmakers have given them 14 points to add to their total. For the bet to pay out, the Broncos must either win or lose by less than 14 points. Conversely, the Cowboys would have to beat the Broncos by 14+ points to cover the spread.

Totals or Over/Under

If you’re not sure which player or team will win but feel good about a shootout heavy on offence, then consider betting on totals. When you do this, you’re betting on the total combined score of both teams or players and whether or not they will be higher or lower than the threshold set by the bookmaker. For example, you might see this in an NBA game between the LA Clippers and the Golden State Warriors:

• Over: 214.5 (-110)
• Under 214.5 (+110)

If you decide to bet on the over, you’ll be predicting that the teams’ scores will be combined for over 214.5 points. If the final score was 114 points for the Clippers and 102 for the Warriors, you’d get a return.

If you bet on the under, you’re guessing that the teams’ scores will add up to fewer than 214.5 points combined. A final score of 99 points to the Clippers and 100 to the Warriors would hit because the combined total is 199. It doesn’t … Read More..