How To Bet: Basics
The vigorish – also known as vig or juice – is the price sportsbooks charge for making a bet. The most common vig used for each side of a wager is -110. That means for every $1.10 wagered, the bettor can win $1.
Parlay betting involves tying two or more different wagers together but all wagers must be correct in order to win the parlay. The more bets that are parlayed together, the larger the potential payout. However, with each bet added to the parlay the chances of winning become smaller.
Betting on moneylines is one of the most common ways to wager on sports like baseball and hockey. Oddsmakers determine which team is more likely to win the game and set a price according to that win probability.
Rotation numbers are assigned to every possible bet you can make at a sportsbook. It is a way to identify a wager and submit your bets without confusion. For brick-and-mortar sportsbooks the rotation number is often found to the left of the game/teams on the odds board.
NASCAR is growing in popularity with sports bettors and offers a lot of value if you know what to look for when handicapping the racing odds. Covers Experts' Steve Merril gets your engines started with some betting basics for handicapping NASCAR.
College basketball is one of the most popular betting options ever March when the NCAA tournament tips off, but there is value in college hoops all year round. Covers Experts' Steve Merril guides you through the basic ways in which you handicap college basketball.
College football is one of the most popular betting markets in North America and presents various betting angles and strategies depending on the month of the season. Covers Experts' Steve Merril breaks down the NCAA football schedule and how to handicap NCAAF.
Futures betting involves making a wager on a long-term outcome, rather than a single game, most often a team or player’s odds to win their respective championship.
Teaser betting involves tying two or more different pointspread or total wagers together but instead of the posted spread/total, bettors are given a certain point difference on the spread/total and the juice/vig (cost of making a bet) is adjusted.
Runline betting in baseball is similar to betting against the pointspread in sports like football or basketball. The favorite on the runline will most often be -1.5, meaning it must win by more than 1.5 runs, and the underdog is usually +1.5, meaning it must lose by no more than 1.5 runs.
Football is one of the most popular sports betting options in North America. Here are the betting basics when wagering on football, including pointspreads and totals.
Basketball is one of the more popular sports betting options in North America with the NBA and college basketball drawing large handles at sportsbooks. Here's a quick overview of how to bet on basketball, including pointspread and totals.
The NFL is the most popular betting market in North America despite having just 256 regular season games to wager on. Covers Experts' Teddy Covers breaks down the best ways to handicap the weekly NFL pointspreads and totals and gives some tips on tackling your bookie this football season.
Tennis betting is most commonly done with moneyline odds for a match. Each player is assigned a moneyline price and bettors can wager on which one they think will win.
As an individual sport, the standard bet in golf is on who will win that week’s tournament but golf bettors can wager on head-to-head matchups, round-by-round props, and scoring prop options.
The main betting option for Mixed Martial Arts (MMA) is moneyline wagering – betting on who you think will win the bout - with the moneyline price on that fighter determining how much you could win on your bet.
Soccer's primary form of betting is on moneyline wagers, but with a bit of a twist, because the outcome of a draw is not only a possibility, but very often is the final result.
The most common form of betting on hockey is moneyline wagering – simply betting on which team you think will win the game, with the moneyline price on that team determining how much you could win on your bet.
Baseball is one of the most popular sports betting options in North America and draws a large handle during the summer months while many other sports are in the offseason. Here's a quick breakdown of how to bet on baseball, including moneylines and totals.
Proposition bets, better known as props, are alternative wagers to the side and total for a game. These types of wagering options can include specific team or player performance or be structured around certain happenings or events during the duration of a game.