The world of online betting has taken the U.S. by storm, here’s how you can get in on the action.
If you’re new to sports betting, we’ve got you covered. Considered to be a relatively straightforward way to participate in the world of online betting, sports betting has taken the United States and the world by storm. Until 2018, betting on the outcome of sporting events remained illegal in the US. With regulations changing virtually every month, you can place bets on almost all major and minor league events. However, with many unique sports betting sites and even more wagers available, just getting started can seem overwhelming. Once you have a basic understanding of how wager options work together, the process is quite simple.
Parlays
If you’re looking to win big, then parlays could be an option for you. You may have heard them called “multis” or “accumulators” depending on where you live. Parlays allow you to place bets across multiple games and outcomes. Some sportsbooks even allow SGPs or same game parlays. All wagers you place must come true in a parlay. A parlay combines the winnings from each bet toward the next leg in the parlay. Parlays have become more and more popular in recent years due to some unbelievable payouts with relatively little risk. If you’ve got a little extra cash that you don’t mind losing and enjoy the chance of winning big, it’s worth learning more about parlays!
Futures
While parlays may have received much of the attention in the world of sports betting due to their large payouts, futures are a far more common style of sports betting. Futures are pretty much what they sound like, a bet placed on the outcome of an event in the future. For example, Detriot Lions fans could place a $1 wager on the Lions to win the super bowl at 500,000-1 odds (+500,000) this year. You’d walk away with a cool $500,000 in that scenario. NFL futures even allow you to wager on division champions, odds to make the playoffs, and rookie of the year.
Teaser
A teaser is similar to a parlay in that you’re placing a bet on multiple teams (usually two but can be more) in which both bets need to come true for you to win. The prime difference, however, involves moving the lines toward an outcome you believe will come true. Lines rarely stay the same from opening in a sportsbook. They’re constantly moving as it gets closer to game day. Teasers allow the bettor to take the current lines available in a sportsbook and change those lines hence changing their potential winnings. The catch is the bettor has to wager on more than one team, and both legs must come true for the bettor to win. As you can imagine, teasers are tough to master and can be riskier than other forms of betting. Spend some time studying this one if you’re interested in placing this style of bet.
With an abundance of sportsbooks only a few clicks away, sports betting is easier and more exciting than ever before. At any hour of the day, you can jump to your favorite sportsbook and wager on live contests. Whether you’re new to online sports betting or have some experience, the options are virtually endless, we suggest checking out Golden Nugget Online Casino or Caesars Sportsbook if it’s your first time getting in on the action. But don’t forget, there are a lot of other sports books out there. See what deals are available in your state by visiting our Sportsbook by State page and good luck!