Whether you’re a novice or an expert sports bettor, there are several things you need to know before placing your first wager. The goal is to get a head start on the game, so you’re not wasting your money.
Bankroll:
Your sports betting bankroll is the amount of money you’re willing to spend on each wager. It’s a good idea to set this limit before you begin betting, as it will keep you from overextending yourself and losing too much money.
Spreads and Team Totals:
You can make a bet on the over or under of a team’s total points. This is a popular way to wager on the outcome of an entire game. If you choose to bet on the Under, your payouts will be higher if you win the game.
Props and Novelty:
Another fun way to bet on sports is through prop bets, or bets that are completely irrelevant to the action on the field or court. These bets can range from predicting the color of Gatorade doused on the coach of the Super Bowl-winning team to the first song that will play during halftime.
Payouts:
In the United States, sports betting has become a huge industry over the past four years, thanks to the overturning of PASPA in 2018. While there are still a few states that don’t allow sports betting, many others have since made it legal for their citizens.