WynnBET Sportsbook has many different betting types available. If you are new to sports betting, we will break down some of these betting types below.
Betting against the spread is one of the most common ways to bet a game. The spread means the favorite will be given a handicap to win.
For example, if the Los Angeles Rams are 7.5-point favorites over the Seattle Seahawks, the spread would be listed as Rams -7.5. Betting on the defending Super Bowl champions would mean they must win by eight or more points for you cover the spread and win the bet. On the other side, Seahawks +7.5 would hit if the Seahawks won the game or lost by less than eight points. Most point spread bets have -110 odds on both sides.
The spread of any contest can be moved by the WynnBET oddsmakers, making it useful to periodically check the spread and other odds prior to the event taking place.
Over Under Total
Betting the total, or the over/under, is often used when picking whether the two teams in the game will combine to score more (over) or less (under) the number provided by the sportsbook.
For example, if you see an over under total at 50.5 points and bet the over, the two teams must combine to score 51 points or more to win the bet. If the two teams combine to score 50 points or fewer, you lose the bet.
There are total bets for the full game, halves, quarters, team total, totals related to individual player props, and more.
A moneyline bet is simply picking the winner of a game or match. Moneyline odds can range anywhere from +100 (even money) to plus or minus numbers as high as 1,000, in extreme circumstances with two teams at the opposite ends of the spectrum.
If a team is favored to win, the moneyline odds will be listed as a negative number, like -140, meaning you have to risk $140 to win $100. The underdog will have a positive or plus number, like +175, meaning you only have to risk $100 to win $175.
While you don't need to risk $100 on a moneyline bet, American odds are based on betting or winning $100.
Prop bets are one of the most common ways to bet on a game, and props continue to grow in popularity. It's also one of the ways WynnBET continues to distinguish itself from other sportsbooks, because more than typical spread and total bets, props greatly differ from sportsbook to sportsbook.
Prop bets are wagers on individual player performance or teams, and users are betting for a specific outcome to happen. Player prop bets range from betting an NBA player's rebounding over under total to if an NFL quarterback will throw an interception. An example of an MLB prop bet is the over under strikeouts for the starting pitcher in a game.
Game and team props feature spreads or totals for individual quarters, periods or halves. For example, a Boston Celtics team prop is betting on the total number of points the team will score in a specific game. Prop bets often have -110 odds on both sides.
Futures betting means you are betting on a future event outcome. There are futures for every single sport, and since the payoff is often weeks and sometimes months away, the odds typically reflect the level of risk involved with a futures bet.
The most common futures bet are the odds to win a specific league's championship. For example, the WynnBET will provide Super Bowl odds to bet on almost immediately following the previous Super Bowl going final. Other futures include end-of-season awards like AL Cy Young odds and NFL season win totals odds.
Parlays combine multiple bets into a single wager. Each bet within a parlay is called a leg. Each and every leg in a parlay must win for the parlay to cash. Since the difficulty and level of risk increase with each additional leg, the odds grow with the more bets you include in a parlay. Parlays can feature moneyline, spread, total, and prop bets.
While the big payday typically balances out the risk involved in a parlay, WynnBET makes parlays even sweeter. The sportsbook features both NBA and NHL parlay boosts that reward users with a $10 free bet when placing a $20 parlay with at least four legs. Whether the parlay wins, loses or pushes, WynnBET returns $10 to your account in the form of a free bet.
WynnBET also has a section of its website that showcases big winners. It often features winning parlays of up to 12 legs, paying out thousands of dollars.
Teaser bets allow users to shift the point spread or over under total for a parlay up or down. Moving the line raises the probability a bet will hit, and the odds shift accordingly.
For example, a parlay with the Rams -7.5, Giants +6 and the Packers-Bears under 46.5 points has +598 odds. A four-point teaser would move the lines to Rams -3.5, Giants +10 and Packers-Bears under 50.5 points with +180 odds.
Similar to a parlay, each leg must hit for the teaser to cash.
Live betting has become one of the most popular ways to sports bet, and it's easy to see why. While it's fun to bet on the outcome of a game before it starts, sometimes you can quickly tell that you're on the wrong side of the bet. Luckily, WynnBET has live betting, which means you can place wagers throughout the event as the sportsbook updates the odds.
For example, it's possible that the Phoenix Suns are five-point favorites entering a game against the Los Angeles Lakers. However, after outscoring the Lakers by 20 points in the first half, the point spread could move to Suns -18.5. You could then bet the Suns -18.5, or take the Lakers +18.5. With live betting, the spread and/or over under total will often change throughout the contest, with every play's outcome affecting the line movement.
There is live betting on point spreads, over under point totals, and next play outcomes, to name a few.