Whether you’re a seasoned bettor or new to the world of football wagering, understanding the various types of wagers available can enhance your betting experience. This article will explore some of the most common types of football wagers you can make.
Moneyline Bet
A moneyline bet is the simplest and most straightforward type of wager. With a moneyline bet on betting platforms like
Betway, you are simply betting on which team will win the game. Each team is assigned odds represented by either a positive or negative number. Positive odds indicate the underdog, while negative odds indicate the favorite. Your payout will depend on the odds and the amount you wager.
Point Spread Bet
Point spread betting is a popular option in football wagering. In this type of bet, sportsbooks like Betway set a point spread, which is a margin of victory or defeat that the favored team must achieve. When you place a point spread bet, you are betting on whether the favorite will win by more than the spread or if the underdog will lose by less than the spread. Point spread bets level the playing field and provide more balanced odds for both teams.
Over/Under Bet
An over/under bet, also known as a totals bet, involves predicting whether the total combined score of both teams in a game will be over or under a predetermined number set by the sportsbook. You are not betting on the outcome of the game; instead, you are betting on the total points scored. This type of bet adds excitement to the game, as you can root for points to be scored regardless of which team wins.
Prop Bets
Proposition bets, or prop bets, are wagers placed on specific events or outcomes within a game. These bets can range from predicting which player will score the first touchdown to the total number of passing yards by a quarterback. Prop bets offer a wide range of options and can add an extra level of excitement to your football betting experience.
Parlay Bet
A parlay bet combines multiple individual bets into a single wager. To win a parlay bet, all the individual bets within the parlay must be correct. Parlay bets like those offered on Betway, offer the potential for higher payouts, but come with increased risk, as one incorrect prediction will result in the entire bet being lost.
Teaser Bet
A teaser bet is similar to a parlay bet, but it allows you to adjust the point spread or total in your favor. Teaser bets give you more favorable odds, but come with lower payouts compared to traditional parlays.
Futures Bet
A futures bet involves wagering on an event or outcome that will be determined in the future, such as the winner of a championship or the MVP of the season. Futures bets can be made before the season starts, or at any point during the season. These bets often offer higher payouts but require patience, as the outcome may not be determined for an extended period.
Live Betting
Live betting, also known as in-play betting, allows you to place wagers on a game while it is in progress. This type of betting offers dynamic odds that change in real-time based on the game’s developments. Live betting provides an interactive and engaging betting experience, allowing you to capitalize on in-game momentum and make more informed decisions.
