Different Types of Bets at Online Sportsbooks


If you’re new to online sportsbooks, you’re probably curious to know what different types of bets you can place. The types of bets can range from Point-spreads to Moneylines, and from Odds boosts to Exotic bets. This article covers a few of the most common options. Read on to learn about the different types of bets and how they affect the odds. If you’re a new player, a sportsbook’s bonus may be the primary reason you sign up with them.


When betting on football, basketball, and baseball games, you can place your bets using point-spreads at the sportsbook. Similarly to football betting lines, NBA point-spreads can be read by using the (+) or (-) symbols. The Atlanta Falcons, for example, are the favorite at -2.5, while the Arizona Cardinals are the underdog at +2.5. In order to cover the point-spread, a team must win by more than three points. The same applies to NBA and college basketball point-spread betting.


Most online sportsbooks charge similar amounts of juice on moneyline bets. But the percentages vary. While the industry average for pre-game totals line betting is 4.21%, sportsbooks charge between 4.52% and 4.67% on moneylines. The difference is significant and could affect your profitability in the long run. It’s important to understand the difference and place your wagers wisely. This article will look at the differences in sportsbook juice.

Exotic bets

If you’re a big fan of horse racing, you might be interested in placing sportsbook exotic bets. These bets are bets that are outside of the traditional win, place, and show bets. They’ve been around for many years, and can include anything from a trifecta, superfecta, daily double, pick-3, and pick-4. While they can be challenging to win, they can also be lucrative.

Odds boosts

Many online sportsbooks offer odds boosts, which are promotions that temporarily increase the value of an event, market, or betting line. These offers are commonly used by online sportsbooks, and they usually represent an increase in the payout for a bet. Occasionally, sportsbooks will offer odds boosts on specific team props as well, like a triple team college basketball parlay or three golfers making the cut.

Kelly criterion

If you’re a sports bettors, you probably know how valuable the Kelly Criterion is. It is one of the most effective ways to determine value bets and determine your wagering percentage. It’s part of the basic fundamentals of bankroll management, which is an important part of sports betting. Without it, you’ll have a difficult time gauging your success at the sportsbook.

Welcome bonuses

Welcome bonuses at sportsbooks are rewards for new users. To receive these bonuses, new users must sign up for an account on the betting website. Some sportsbooks require a promo code to qualify for a welcome bonus, while others offer the bonus automatically. Some of these bonuses are risk-free bets, which guarantee the outcome of your first bet and refund any lost funds. You should read the terms and conditions carefully before signing up for any welcome bonus, though.

Limiting losses

The study looked at how players reacted to and learned about global financial loss limits. It also asked about players’ attitudes and reasons for setting limits. The study also found that 74% of players who had reached their limit during a given month agreed with the global limit. It was not surprising that players with high-risk gambling histories were more likely to learn about limit settings. In the study, players were more likely to be surveyed after a change to the global financial loss limit.

Strategies for locking in a profit

Getting better odds before the game starts is a key strategy for locking in a profit at a sportbook. This technique allows you to lock in a profit while limiting the swings in your bankroll. This technique is especially useful when you receive free bets in larger amounts, which are often offered to new players as signup bonuses. In addition to maximizing your profits, this method can also help you avoid being barred from some shops for beating the closers.