There are many types of online betting odds, and it can be confusing for new bettors to understand all of them. In this article, we will explain eight of the most common types of betting odds, so that you can make informed bets.

1. Moneyline Odds:

The most common type of betting odds is money line odds. These are simply odds that indicate how much you will win if you bet on a particular team or outcome. For example, if the New England Patriots are -200money line favourites that mean you would need to bet $200 to win $100. On the other hand, if the Dallas Cowboys are +300 money line underdogs that mean you would win $300 if you bet $100.

2. Point Spread Odds:

Point spread odds are used in betting on football and basketball. The point spread is the number of points that the favoured team is expected to win by. For example, if the New England Patriots are 7-point favourites, that means they are expected to win by 7 points. If you bet on the Patriots, they would need to win by more than 7 points for you to win your bet. On the other hand, if you bet on the Dallas Cowboys, they would need to lose by less than 7 points for you to win your bet.

3. Futures Odds:

Futures odds are used in betting on events that will take place in the future. For example, you can bet on who will win the Super Bowl before the season even starts. The odds will change as the season progresses, and you can cash out your bet at any time.

4. Props Odds:

Props odds are used inสมัครufabeton specific events that will take place during a game. For example, you can bet on how many touchdown passes Tom Brady will throw in a game. These bets are usually called “prop bets” or “proposition bets.”

5. Parlay Odds:

Parlay odds are used in betting on multiple events. For example, you can bet on the Patriots to win, the Cowboys to lose, and the over to hit in the same game. If all three of those things happen, you will win your parlay bet.

6. 6. Teaser Odds:

Teaser odds are used in betting on multiple events, but with a twist. In a teaser bet, you can adjust the point spread in your favour. For example, if you bet on the Patriots to win by 7 points, you could “tease” the bet and say they have to win by more than 14 points. If they win by 14 points, you will win your bet.

7. Live betting Odds:

Live betting odds are used in betting on games that are already in progress. For example, you can bet on who will score the next touchdown in a football game that is already underway.

8. Cryptocurrency Odds:

Cryptocurrency odds are used in betting on the price of Bit coin and other cryptocurrencies. For example, you can bet on whether the price of bit coin will go up or down in the next hour.

Conclusion:

There are many types of online betting odds, and it is important to understand all of them before you start betting. In this article, we have explained eight of the most common types of betting odds.