The Sports Resource

Sports Betting Guide

Types of Bets At Sportsbooks

Online sportsbooks provide bettors with many options when they place cash wagers. Each sportsbook will support different types of wagers, but bettors will always find the common bets supported. With many of the world’s most popular sports offered and multiple features, sports betting sites are a great way to enjoy the action of sports from home and have the chance to generate real money payouts from wagers placed. In online sportsbooks, bettors will find many options that will suit their gambling needs, so there is always a great bet featuring fantastic odds.

The most popular bet that is placed at an online sportsbook is a straight bet. This is also referred to as a win bet. These are the easiest bets to place and understand, which is why they are so popular among new bettors. With this type of bet, specific odds are offered by the sportsbook before an event takes place. If the bet is a successful one, the winnings will immediately be added to the account.

Place bets are also very popular and these are bets that are placed on a certain person, team or horse, stating they will not win the event, but will finish in a top spot. These bets are typically only used in races, but they are available for other sports. As long as the team, player or racer places in the top three positions, the bet will generate a win of the same amount.

Another common bet type that is found in online sportsbooks is the Parlay bet. This is a bet that is placed on two winners in two different events. Both must win in order for the bet to generate payouts. If there is a tie, one of the bets will be null and void. These payouts are often quite high because the odds are against the bettor.

Some bettors will enjoy each-way bets, where the bet will be split between a win and a place bet. These are also usually used in racing but some tournaments will also allow these bets. These are simple bets to understand. If the horse wins, both bets will be won. However, if the horse places, only the place bet will win and the win bet will be lost.