There are fixed odds on who the champion is going to be. This type of bet is very popular with events like the NFL super bowl or other championships. FuturesĪ futures bet is when you wager on the outcome of a sporting event that is going to take place in the future. With teasers, you can alter the point spreads and over/under totals, which can make the bet appear easier to win. It is quite similar to a parlay bet, because you select 2 or more events to happen, and all events you have selected must take place in order for you to win this bet. This type of sports betting is only used with football and basketball. For that reason, you receive a higher payout the more selections you chose. The more selections you choose, the lower the chance that you’ll win. In order to win, you have to win all of the wagers involved in the parlay. ParlayĪ parlay is when you have 2 or more wagers in one bet.

The most common sports to place a money line bet on are baseball, soccer and hockey. This is a simpler wager because it is not based on a point spread, but rather who the winner is. With this type of betting, you choose which team you think is going to win the game outright. This type of wager is typical of betting on football and basketball. The term point spread refers to that margin of points that the team can win or lose by. The number of points is set by the sportsbook. With this type of sports betting, you wager on a team either winning or losing by a particular number of points.

Types of Sports Betting in Las Vegas Point Spread

That’s why we wrote this guide to sports betting in Las Vegas. If you don’t know how everything works, it can be a bit intimidating to place your first bet. There’s a lot of excitement in the air at sportsbooks, especially during big games and March Madness. You’ll find a sportsbook in all the major Las Vegas casinos, with rows of plush seating in front of multiple TV screens, showing sports from UFC to baseball, football to horse racing. Las Vegas is a mecca for sports betting, and thousands of sports fans come here every year for the excitement of betting on their favorite team.

Where to place a sports bet online