![]() The favourite has to win by that number of points or more in order for your bet slip to be deemed a winner.Īs we mentioned previously, experienced bettors have made the point spread their wager of choice. This wager type will feature not only the odds (as with the moneyline wager) but also a set number of points for each team. For a $100 win on the Packers, they need to win, and you will have to bet $100. In order to win $100 on a bet on Kansas City, the initial wager needs to be $110, and the Chiefs need to win. What you’re seeing here is the favourite (represented by a negative odds number) and the underdog (represented by positive odds). There are odds associated with each team or person, and those odds are used to determine the payout for a winning bet slip.įor example, in an NFL game pitting the Green Bay Packers against the Kansas City Chiefs, a sportsbook’s moneyline listing could look a lot like this: What is a moneyline bet? As we mentioned above, a moneyline bet is simply you, the bettor, choosing which team or individual is going to win a particular event. Since you’ll come across these bet types for just about any sporting event in any sportsbook, let’s continue with some basic examples of “the holy trinity.” Moneyline example It requires a bit more knowledge and research, but the odds are almost always better than on the moneyline, thus giving a better return on the initial bet.īettors tend to look for those games where the point spread is favourable to their team of choice, especially if their homework digs up any indication the oddsmakers were off the mark when setting the spread. What’s the most popular bet for experienced gamblers? Sportsbooks are in the business of making money, so they offer up more enticing sports betting lines with the hope you’ll place a bet on a riskier position. The payouts aren’t as high as with other bet types, of course, but that’s because there is more of a chance that you’ll hit on a moneyline bet than the others. Moneyline bets are also popular because they often afford the best chance of a return on your initial wager. If you lose, the sportsbook keeps your wager. If you’re right, you win based on the odds assigned to the team for that event. In the end, they all mean the same thing. These sometimes come in the form of “ match winner” or a similar term. The reason is very simple: moneyline bets are the easiest to make and require the least research. However, overall, the most popular bet type for beginning bettors in North America is the moneyline. Some feature certain bet types that work better than others. What’s the most popular bet type for beginners? ![]() If you’re poised to jump into sports betting in Canada for the first time, here’s a look at the three most popular bet types. Educational in sports betting and adjacent types of wagering.Simple to incorporate into your sports betting strategy.Those three bet types, arguably the holy trinity of sports betting, thrive because they are: In sports betting, the same companionship applies to a trio of popular bet types: Bring up one, and everyone immediately thinks of the other.
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