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As much fun as it is to watch sporting events on tv, it's much more fun if you have a wager on your favorite team. Every time your team has a winning play, it becomes more exciting knowing that you have money riding on the outcome. You can bet on sports such as basketball, baseball, football, tennis, hockey and soccer at sportsbooks, either physically, online or in some cases, even throughout the mobile device. In contrast, betting on sport events may be complicated, since there are various types of betting that one can make. Below are a few of the common bets that sportsbooks offer.

Straight Betting. Also known as just one, this is the simplest kind of bet you could make. You simply bet on the team that you believe will win and also the given odds will determine the amount you will win.

Point Spread. This is the second most popular sportsbook bet. In a point spread bet, the oddsmaker gives the favored team a handicap as a way to make the 2 teams equally attractive to bettors. This handicap is called a spread and may be expressed as a negative number beside the favored team. In a point spread bet, you could try this out win should the favored team's winning score is more than the spread. If you on the underdog, the wager pays off should the team wins or if perhaps they lose by less than the spread.

Buying Points. Whenever you buy points on a point spread, you pay an extra amount to move the spread. Hence, you get more points when you bet on the underdog or give away fewer points when betting on the favorite, that can spell the real difference between a winning or losing bet.

Parlay. When you bet parlay, you are betting on the outcome of multiple games. All of the teams you've bet on must win for your bet to pay off. If even one team loses the whole bet is lost.

Teaser. This really is similar to a parlay bet, except that points are added to an underdog's spread or subtracted from a favorite's. This increases the probability of a successful bet but also decreases the odds, resulting in a smaller payoff if your bet wins.

Over/Under. You bet on regardless of if the total number of points scored by the two teams is over or under the total set by the oddsmaker.