Glossary of common sports betting terms: parlay, against the spread, money line, newer betting props explained

More fans than ever will be betting on esports this spring as legal US sports betting is available in over half the country. If you are new to betting and looking to place your first bet at a sports betting site in the US, this is the perfect time of year to do so. Pro basketball and pro hockey gear up for the playoffs, while weekends host golf tournaments and auto races. If you’re still unsure about which sports to bet on, knowing some of the key sports betting terms might help you decide. Here is the sports betting terminology you should know and what sports they equate to. Before you know it, you’ll be placing your first legal sports bet like a pro.

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Sports Betting Guide, Glossary, Terms

Before you play, make sure you are aware of the general wagering requirements that will be presented to you. There are dozens of ways to bet on sports, and this handy sports betting guide can help you figure out what some of the most popular sports betting terminologies mean.

money line: If hockey is your thing, then bet on it with this popular betting method. If Vegas is listed as a -200 favorite against Minnesota, you would have to wager $200 to return $100 on Vegas and win. If Minnesota is listed as a +200 underdog, that site would return $200 on a $100 bet if it wins.

downright: This user-friendly style of betting requires you to select a player to win an entire sporting event or tournament. This is a very popular method of betting on single player events such as golf tournaments and auto races, both of which currently dominate weekend sports schedules.

prop bet: Widespread prop betting allows you to bet on outcomes other than the final score of a game, and a player prop focuses on the individual player’s performance. Sports betting sets a final predicted total and you bet that the final stats will be above or below that prediction. Common prop bets include how many three-pointers a basketball player will hit or how many rebounds he or she will score.

against the spread: This method is a must for betting on this weekend’s big soccer game. If Philadelphia is the 7.5 point underdog against Kansas City, Philadelphia must win straight or lose by 7 points or less to cover the spread. Kansas City can cover as a 7.5 point favorite by winning by 8 points or more.

Press: When neither team can cover the spread in a game, it is considered a type of “tie” called a push. If Dallas finishes as a three-point favorite against Tampa Bay and then wins 27-24, neither team will be able to cover and all spread bets will be returned.

teasers: This betting style helps you cover the spread by reducing risk. If your two favorite soccer teams are seven-point favorites and you are unsure if they will cover their spreads, you can use a six-point teaser to drop each team to a -1 favorite, and only need two points for coverage.

Play: This high risk, high reward betting method involves two or more sides in a bet, and all sides must win for the bet to win. A $100 bet on a four-team combination at 11-1 odds could return $1,100, but that’s only if all four sides win. If three or fewer sides win, the bet is lost.

over under: Enjoy the final months of the pro basketball season by playing with this fun betting style. When a bookmaker sets the over/under for a game between Milwaukee and Boston at 220, you are betting on whether you think the final result will be over or under 220.

futures: You are not limited to betting on matches that are happening now. Futures betting allows you to bet on sports outcomes that will take place in months. The baseball season hasn’t started yet, but you can now place a futures bet on which team you think will win their division.

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