Before placing your first bet, you should familiarize yourself with the basics of sports betting. For newcomers, moneyline bets are a good place to start. These bets include a selection of a favorite and a selection of an underdog. Unlike parlays, moneyline bets are not based on the number of points scored by one team but on the overall performance of both teams.
Point-spreads
Point-spreads at sportsbooks can be confusing, especially for newbies. They basically mean betting against a team that is considered a favorite. To understand point-spread betting, first read up on the topic. Once you have an understanding of point-spreads, log in to your sportsbook account and navigate to the spreads page for the sport of interest.
Point-spreads are odds posted before the game and often adjust as the betting action progresses. This can change the point-spread value by half a point or more. These changes can create opportunities for winning if you place your bets right.
Moneyline odds
Moneyline odds at a sportsbook indicate a team’s probability of winning. It also shows the amount of money a player can win by betting on the team. For example, a player can bet C$100 and win C$150. The other way to look at moneyline odds is by comparing them to other teams. When a team has a low moneyline, it means it requires a lower wager to win. However, a team with a high moneyline can be a dangerous bet.
To find the best moneyline bet, start by looking at the previous games a team has played. While it is not a reliable indicator of future performance, looking at previous games will give you extra information. For example, you can look at the last five games of the LA Lakers. The Boston Celtics, on the other hand, have won only two out of five away games. This would suggest that a bet on the Los Angeles Lakers would be a wise move.
Sign-up bonuses
Sportsbook sign-up bonuses can vary greatly, depending on the type of bonus you are looking for. Sign-up bonuses can be as large as 100% of the amount you deposit, or even more. You can also find deposit match welcome bonuses, which match your deposit and come with specific playthrough rules and maximums. These bonuses may also require a promotional code.
Sportsbook sign-up bonuses can be confusing to beginners, so you should be sure to carefully read the terms and conditions before accepting a bonus. Many sign-up bonuses will have different rollover requirements, which means you’ll need to wager a certain amount before you can withdraw the bonus. Typically, these are 5X to 15X. For example, a $100 sign-up bonus may require you to wager $1,000 before you can withdraw the $200. Different sportsbooks will have different rollover requirements, so you should always read them carefully.
Proper pricing
Proper pricing for sportsbooks is important to prevent illegal activities from affecting the integrity of the industry. Many sportsbooks adjust their juice in response to action, which can increase or decrease the price for bettors. The goal should be to keep costs down for all stakeholders. The leagues, players, and sportsbooks should be concerned with the integrity of the industry.