Sports Betting 101

sports betting

Sports betting is a fun way to wager on the outcome of games. There are several types of bets that you can make, including Parlays, Teasers, Cover bets, and Dime bets. Most of the web-based bookmakers have a large selection of races and events, and some even offer live streams of games.


In sports betting, a parlay is also known as an accumulator, a multiple bet, or a combo bet. In general, the goal of a parlay is to pick several outcomes for a specific outcome. In this way, you can increase your chances of winning the game by combining your picks.

Parlays are popular in sports betting, and they combine two or more bets into one large wager. Each selection in a parlay must win or cover the spread for the wager to be successful. Parlays are available on several different types of sports, and they can be made on money lines and totals. The payout for parlays varies from sportsbook to sportsbook, so you should check online sportsbook reviews before making a bet.


Teasers for sports betting are similar to parlays, but they offer additional betting options. You can place bets on multiple games at the same time while changing the point spreads and totals to get better odds. The downside is the increased risk involved, so not all bettors should use teasers.

NFL point spread teasers are a good example of how you can use these bets. These bets have historically performed better than straight bets. They work well with sportsbooks offering lower odds for games that are not likely to end in a tie. If the NFL game doesn’t end in a tie, you’ll probably want to place a teaser on the underdog.

Cover bets

Cover bets in sports betting are a type of wager that includes multiple bets on a number of selections. They are intended to hedge risk and require more cash than simple single bets. The bettor picks three to eight runners and places multiple bets to cover all possible combinations. This is like using a shotgun rather than a sniper rifle.

Cover bets come in two varieties: multiple parlays and full covers. In multiple parlays, you must choose the combinations you want to bet on. A full cover bet, on the other hand, will cover all possible combinations with one click. The only downside of full cover parlays is that they require the stake to be split among dozens of bets, which reduces the chances of sustainable profit.

Dime bets

Dime bets in sports betting can be a great way to make a profit, but they should fit within your bankroll and be based on value. It’s best to bet between one and three percent of your bankroll per game, unless you’re looking for extreme returns.

A dime bet is a great way to test out sports betting, and it only pays off if you’re correct with the assumption. For example, you’d only place a dime bet if you’d wager at least $1000 per bet. In sports betting, you can use a dime bet for classic point spread wagering, prop bets, and mainstream markets like baseball games.

Power rankings

Power rankings are an important tool for sports bettors. These ratings are based on projected win and point totals, as well as the personnel and defensive ranks of each team. Power ratings for individual teams are often different from each other, and it is important to note that your results may differ. For example, if one team is ranked high, this does not necessarily mean that they will win the game.

Power rankings are used by bettors and experts alike to organize their thoughts and determine which teams are the best over the course of the season. The NFL power rankings are released weekly, biweekly, and every four weeks, and they are based on the performance of the teams.