Three Types of Odds in Sports Betting

The first step in learning how to place sports bets is understanding the odds of each event. Sportsbooks set odds for events based on the probability of that event happening. Events with low probability have low payouts and are therefore lower-risk events. Events with higher risks, however, offer higher payouts, but come with greater risks. Most sports betting options offer two sides, while others offer multiple options. For example, if you’re interested in betting on a football game, you can choose between the team to win and the team to lose or draw.

Odds betting

If you’re new to sports betting, odds are likely to confuse you. Sportsbooks present these odds in a variety of ways and mean different things in different countries. You may encounter American, European, or decimal odds. Here’s what you need to know. After all, odds are the most important part of betting in sports. To understand them, read on to learn about the three most common types of odds. By knowing how to interpret them, you’ll be able to maximize your money.

Parlay betting

There are several types of parlays in sports betting. In each, you place bets on multiple sporting events. In parlay betting, you must correctly predict at least three separate outcomes. Then, you place another wager on the same outcome for an additional profit. Usually, parlay bets are not obvious, but they can mean the difference between winning and losing a bet. Here are some tips to make the most of parlay betting.

Over/Under betting

When betting on the over/under line, it is important to keep in mind the game conditions. For example, if a team is playing in a humid climate, its total goal total may be higher than its actual score. On the other hand, if the weather is rainy or windy, the total goal total may be lower than what it should be. This can affect the over/under line, which can affect the outcome of the game.

Mixed systems betting

Mixed systems betting is a strategy for winning bets on a variety of sporting events. In this betting style, a bettor makes bets based on a combination of different factors, including the past performance of players or teams. A simple example of a mixed system bet is the 2/3 system bet. This betting style implies selecting three sports events, such as two matches, one game, and one matchup.


When choosing an Over/Un in sports betting, you should remember that the public tends to favor the overs. It is wise to watch the total movement from the time of release to the time of wager, and use reliable sources to find good odds. In most sports, the NBA has more regular games than the NFL, but this fact doesn’t mean you should ignore the NFL. Remember that road trips and back-to-back games can affect scoring, so you should be wary of betting on teams that are playing in these circumstances.

Prop bets

While there are a number of ways to make your sports bets, props are a unique way to bet on events that don’t directly involve the outcome of the game. For instance, the quarterback position in the NFL is one of the most exciting positions in sports betting, but this doesn’t mean you can’t make money by betting on a quarterback’s performance. While this may be a difficult proposition, there are a number of ways to make prop bets on NFL games.