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    Home»News»Glossary of common sports betting terms: Parlay, against the spread, money line, unique props explained
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    Glossary of common sports betting terms: Parlay, against the spread, money line, unique props explained

    AdminBy AdminDecember 21, 2022No Comments5 Mins Read
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    Some of the biggest sports on the planet pack the TV schedule this time of year, and with more states than ever offering legal USA mobile sports betting, fans from coast to coast are placing their first wagers on their favorite teams. Football, basketball and hockey are all at pivotal points of their seasons, so there are plenty of exciting games to wager on. If you have been hesitant about placing your first legal sports bet, all it takes is knowing a few basic sports betting terms and sports betting lingo. At Caesars Sportsbook, there are more ways to play than ever. In fact, if you are a new registrant who is 21+ and located in an eligible state (AZ, CO, DC, IA, IN, LA, MI, NJ, NY, TN, VA, and WV)*, you can register, deposit, and get your first bet up to $1,250 on Caesars with the code GAMEFULLC. If your bet doesn’t hit, don’t worry. Caesars will give you a single free bet credit you can use within 14 days. (Terms and conditions apply. See details here. Offer expires 12/31/2022). All told, there are plenty of ways to take advantage of your sports book deposit offer. Sports book betting guide, glossary, terms Before you play, make sure you know the common betting terms you’ll see. There are dozens of ways to bet on sports, and this handy sports betting guide can help you figure out what some of the most popular sports betting terminology means. Money line: Use this betting style to wager on soccer’s biggest tournament. If France is listed as a -200 favorite against English, that means that you’d need to bet $200 on France to return $100 on that side to win. If England is the +200 underdog, you could win $200 on a $100 bet if England wins.

    Outright: This is one of the easiest sports bets you can place, because you simply choose one player to win an entire sporting event. This is a particularly popular method for wagering on single player sports, such as golf tournaments, title fights and car races. Prop bet: A prop bet is a very popular bet on an outcome other than the final score of a game, and often focuses on a single athlete’s performance. Popular player props include how many three-point shots a basketball player will make or how many rushing yards a running back will tally. Against the spread: Spread betting is your go-to if you want to wager on football. If Minnesota is listed as the 7.5-point favorite against New York, that side must win by 8 points or more to cover the spread. New York can cover that spread as the 7.5-point underdog by winning outright or losing by 7 or fewer to cover.

    Push: If neither team in a game can cover the spread, the result is a “tie” or push. If Philadelphia closes as a three-point favorite against Washington and then wins the game 27-24, neither team covers the spread and all bets are returned. Teaser: This is a special kind of bet that lets you adjust the points spread in football. If your two favorite football teams are seven-point favorites and you are unsure if they will cover their spreads, you can use a six-point teaser to drop each team to a -1 favorite and only need two points to cover. Both the risk and reward are lower. Parlay: This high-risk, high-reward betting method involves two or more sides on one wager and all sides must win for the bet to be a winner. A $100 bet on a four-team parlay at 11-1 odds could return $1,100, but that is only if all four sides win. If three or fewer sides win, the bet is a loser.

    Over-Under: Your go-to betting method if you’re a basketball fan. If a sportsbook sets the over/under for a game between Golden State and Memphis at 200, you would bet whether you think the total of both teams final scores will hit over or under 200. Futures: Sportsbooks don’t limit you to betting on games that are happening right this minute. You can also place a futures bet, which is a wager placed on a sporting event well into the future. While baseball is well into its offseason, you can place a futures bet now on which teams you think will win their division next season. How to get the latest Caesars Sportsbook promo code Ready to get started? Click here to get your first bet up to $1,250 from Caesars (See details here). Remember to use the code GAMEFULLC.

    Available Caesars Sportsbooks include: Caesars Sportsbook AZCaesars Sportsbook COCaesars Sportsbook IACaesars Sportsbook INCaesars Sportsbook LA  Caesars Sportsbook MICaesars Sportsbook NJCaesars Sportsbook NYCaesars Sportsbook TNCaesars Sportsbook VACaesars Sportsbook WV *21+ new users only. Offer open to AZ/CO/IA/IL/IN/LA/MI/NJ/NY/TN/VA/WV. Bet amount of qualifying wager returned only if wager is settled as a loss. Paid as a single bet credit. Maximum bet credit $1,250. Bet credit must be used within 14 days of receipt. Promotion ends on 12/31/22. See Caesars.com/promos for full terms. Sports betting is void in Georgia, Hawaii, Ohio and Utah and other states where prohibited. Some prop bets are prohibited in CO, MS and TN. Know When To Stop Before You Start® Gambling Problem? IL, NJ, PA, WV: If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2357) or WV: visit 1800gambler.net; AZ: Call 1-800-NEXT-STEP; CO, DC, NV: Call 1-800-522-4700; IN: Call 1-800-9-WITH-IT; IA: Call 1-800-BETSOFF; LA (Permit pending at Horseshoe Bossier City.): Call 1-877-770-STOP; MI: Call 1-800-270-7117; TN: Call or text TN REDLINE at 1-800-889-9789; VA: Call 1-888-532-3500. Standard text rates may apply. ©2022, Caesars. Entertainment – Gambling Problem? NY Call 877-8-HOPENY or text HOPENY (467369). Standard text rates may apply.

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