Glossary of Common Sports Betting Terms: Parlay, Against Spread, Money Line, Outright, New Sites

Haven’t you placed your first legal bet on one of the US sports betting sites yet? It’s a busy time of year for sports betting in the United States, with more than 30 states now offering some form of legal sports betting. If you’re not sure where to start with your sports betting journey, we’re here to help. All you need is to know some of the most commonly used sports betting terms and what types of bets they correspond to. Below we’ve put together a sports betting guide with some of the most popular sports betting terminology you’ll see this time of year.

At Caesars Sportsbook, there are more ways to play than ever before. In fact, if you are a new registrant over the age of 21 and located in an eligible state (AZ, CO, DC, IA, IN, LA, MI, NJ, NY, TN, VA, and WV)*can sign up, deposit and get your first bet up to $1,250 at Caesars With the code FULL GAME If your bet doesn’t pan out, don’t worry. Caesars will give you a single bonus bet that you can use within 14 days. (Terms and Conditions apply. See details here.). Altogether, there are many ways to take advantage of your sports betting deposit offer.

Sports betting guide, glossary, terms

Before you play, make sure you are aware of the common betting terms you will see. There are dozens of ways to bet on sportsand this handy guide to sports betting can help you figure out what the most popular sports betting terminology means.

money line: Baseball is big right now, and this is the best way to bet on it. If Atlanta is listed as a -200 favorite against Seattle, you’ll need to bet $200 to return $100 to Atlanta to win. If Seattle is listed as the +200 underdog, that side would return $200 on a $100 bet if they win.

Total– This easy-to-use style of betting requires you to pick a player to win an entire sports event or tournament. This is a very popular method of betting on single player events such as golf tournaments and car races, both of which dominate the weekend sports schedules at the moment.

Prop Bet: The very popular prop bet allows you to bet on outcomes other than the final score of a game, and a player prop focuses on individual player performance. Sportsbooks will set a projected final total, and you bet that the final stat will fall above or below that projection. Common bets include how many three point shots a basketball player will make or how many goals a hockey player will score.

against the spread: Baseball is back, and this is the best way to bet on it. If Los Angeles is listed as a -200 favorite against San Francisco, you’ll need to wager $200 to return $100 to Los Angeles to win. If San Francisco is listed as the +200 underdog, that side would return $200 on a $100 bet if they win.

Push: If neither team in a game can cover the spread, it is considered a type of “tie” called a draw. If Dallas closes as a three-point favorite against Tampa Bay and then wins 27-24, neither team can hedge and all bets on the spread are returned.

Puzzle: This style of betting helps you cover the spread by decreasing risk. If both of your favorite soccer teams are seven-point favorites and you’re not sure if they’ll cover their spreads, you can use a six-point lead to leave each team a -1 favorite and only need two points to cover.

Parlay: This high risk, high reward betting method involves two or more sides in a bet and all sides must win for the bet to win. A $100 bet on a four-team parlay at odds of 11-1 could return $1,100, but that’s only if all four sides win. If three or fewer sides win, the bet is losing.

Below: Be a part of the professional basketball playoffs with this fun style of betting. If a bookmaker sets the Over/Under for a game between Phoenix and Denver at 220, you bet if you think the final score will be greater or less than 220.

Futures: You are not limited to betting on the games that are happening right now. Futures betting allows you to bet on sports results that will take place in a few months. Baseball season hasn’t started yet, but now you can place a future bet on which team you think will win your division.

live betting: Baseball is in full swing and live betting is a great way to play along with your favorite professional baseball team. Sportsbooks will update certain odds as a game progresses, so you can bet that a player has a big game to hit a home run, and many other outcomes, as the innings unfold.

How to Get the Latest Caesars Sportsbook Promo Code

Ready to start? Click here to get your first bet up to $1,250 from Caesars (See details here). Remember to use the code FULL GAME.

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*21+ only (18+ in DC). Must be physically present in MD, NJ, PA, IL, WV, MD, OH, AR, CO, KS, DC, NV, WY, AZ, IN, OH, LA, MI, NY, TN, VA, and MA. Sports betting is void in Georgia, Hawaii, Utah and other states where prohibited. Game problem? MD, NJ, PA, IL, MD, OH Call 1-800-GAMBLER. WV Call 1-800-GAMBLER or visit 1800gambler.net. AR, CO, KS, DC, NV, WY call 1-800-522-4700, AZ call 1-800-NEXT-STEP, IN call 1-800-9-WITH-IT (1-800-994 -8448) . LA Call 1-877-770-STOP. MI, call the Michigan Department of Health and Human Services’ Gambling Disorders Helpline at 1-800-270-7117. NY Call 877-8-HOPENY or text HOPENY (467369). TN Call or text Tennessee REDLINE at 1-800-889-9789. VA Call, text or chat our free, confidential help line at 1-888-532-3500. MA If you or a loved one is experiencing a gambling problem, call 1-800-327-5050 or visit Gaminghelplinema.org for 24/7 support. FOR HELP, CALL 1-800-327-5050 or visit Gaminghelplinema.org. Standard text rates may apply.