Sports betting has grown into a multi-billion dollar industry, with football dominating the top of the list. While many people place bets on NFL, MLB, and college basketball, there are other popular sports that can be bet on as well. These sports feature Over/Under, Futures, and Parlay wagers. Learn about the different types of bets and why they work so well in the sportsbook world. And, for more information, read our sports betting guide.
College football dominates sports betting
If the NFL and NBA dominate the sports betting landscape in the U.S., college football ranks second. The NFL and NBA are ranked fourth and fifth, respectively. College football dominates sports betting in a number of ways, including the sheer volume of games produced. With 130 FBS football programs and 352 D-I basketball programs, college football produces more games than all of the major leagues combined. That means there is ample opportunity for betting.
Over/Under bets
Over/Under bets in sports are wagers that predict how many points a team will score during a game. This action is more than point totals, though. A popular bet is whether a team will go over or under its posted win total. This type of wager can be tricky for fans of a certain team, as you may be tempted to choose one side of the game while rooting for the other.
Futures bets
One of the most popular types of sports bets is the futures bet. These bets are set for a specific date, usually several weeks or months into the future. This type of bet is typically more valuable than a traditional bet, because the outcome is dependent on more variables and outcomes. You can find huge payouts by correctly predicting the outcome of a game months ahead. The following are some of the most popular futures bets in sports betting.
Parlay bets
There are a few key differences between traditional parlays and progressive parlays. The former involves placing bets on more than one game. Progressive parlays can include four to twelve selections, and they allow you to win even if some selections lose. Of course, the more selections you have in a parlay, the greater the risk that some will lose. This is especially true if you have 10 or more selections in a parlay.
Steam move
A “steam move” in sports betting occurs when the game line moves substantially and quickly across the betting market. The move is the result of large bets in several books or from betting syndicates spreading their money around in order to keep a low profile while causing dramatic changes in the line. As a result, sportsbooks that fail to react to these moves risk being vulnerable to serious bettors. But what is a steam move, and how can you identify one?
Teaser
You can find various betting methods for teasers, but the best way to make money betting on sports is to know how to use them effectively. If you have been wondering how to use a teaser, you may have stumbled upon the right article. The tips and advice presented below will help you make smart decisions when it comes to sports betting teasers. First, you should know the odds for different types of bets.
Tout
The term “Tout” in sports betting refers to a person who offers bet tips. These touts can be a scam or a legitimate resource for more experienced players. Many touts derive their name from the word “touting,” which is a polite way of boasting about your betting abilities. Be cautious about touts who are willing to sell you their picks for a fee. Here are some tips for finding a legitimate tout.