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Types of bets
Single play Betting: betting on the single outcome of certain events, these include game bets on money line, spread, live in play, quarter bets, half bets, period bets, game totals, props......the possibilities are literally endless
Money Line Betting: betting a team to win the outcome of a match. The more a team is favored to win the more juice a better will have to pay to win the desired profit total
Spread Betting: betting where the bookmaker handicaps a team by setting a margin, which essentially makes the game equal
Parlay Betting: are single bets that are combined to create one bet at significantly higher odds. A successful parlay bet is dependent on all of the single bets being successful. The odds multiply with each bet that is added to the parlay. Whilst obviously more difficult to get, they offer far greater returns
Teaser Betting: are similar to parlay bets, however additional points are added which reduces the return on investment while also minimizing the probability for a loss
Prop Betting: betting on the occurrence or non-occurrence during a game of an event not directly affecting the game's final outcome. These typically refer to player performance, the length of individual plays or the occurrance of a statistical category.
Live in Play Betting: betting that occurs after the match has already started. This is the greatest opportunity for someone to find value opportunities while viewing the started match and gauge discrepancies with current match statistics and the final match outcome