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Glossary of common sports betting terms: parlays, versus spreads, money lines, props explained

If you live in one of the many states that have legalized online sports betting this year, you’ll be very interested in participating in all the fun. Online sportsbook sign-up offers and online sportsbook promo codes are everywhere when soccer resumes at this time of year. If you’re new to legal online sports betting and don’t know where to start, all you need to do is learn a few key sports betting terms. Below, we’ve put together an easy and helpful sports betting guide to help you place your first bet like a pro.

Caesars Sportsbook has more ways to play than ever fact you New registrants over the age of 21 and located in an eligible state (AZ, CO, DC, IA, IN, LA, MI, NJ, NY, TN, VA, and WV)*use code to register, deposit and win up to $1,250 on your first bet at Caesars GAMEFULLC. If your bet doesn’t win, don’t worry. Caesars offers a single free bet credit that can be used within 14 days. (Terms and conditions apply, see details here. Offer expires November 1, 2022). After all, there are many ways to take advantage of sportsbook deposit offers.

Sportsbook Betting Guide, Glossary & Terminology

Before you play, make sure you know the general wagering requirements that are displayed. There are dozens of ways to bet on sports. This handy sports betting guide will help you make sense of the most popular sports betting terms.

money line: Baseball is now the main focus of the sports world and the most popular way to bet on baseball is the Money Line bet. If New York is a -250 favorite, a $250 bet win will return $100. If Boston is the +260 underdog, a $100 bet can return $260.

live betting: The best way to follow your favorite baseball team this postseason is to place a live bet. The sportsbook updates results as the game unfolds, so you can bet between innings on whether a pitcher will strike out a side or a particular hitter will hit a home run.

prop bet: Prop bets are popular in all major sports because they focus on the outcome of the game other than the final score. Popular prop bets include how many catches wide his receiver will get or how many strikeouts the pitcher will throw.

anti-proliferation: If Kansas City is listed as a 7.5-point favorite against Tampa Bay, that team must win by at least 8 points to cover the spread. Tampa Bay can cover the spread by winning outright or losing by 7 or less.

push: If neither team can cover the spread, the result is called a push. If Dallas finishes as a favorite and wins the game 27-24, neither team will cover the spread and all bets will be returned.

teaser: A teaser is a kind of parlay that allows you to adjust your point spread to lower your risk. If your two favorite teams are 7-point favorites and you’re unsure if they can cover the spread, use a 6-point teaser to drop each team to a -1 favorite and see what they need to cover. There are only 2 points.

parley: In this high-risk, high-return method, two or more sides participate in the same bet. If you bet $100 on a four-team parlay with odds of 11 to 1, you could potentially get back $1,100 if all four teams win. However, if only 3 sides win, the bet is a loser.

over under: Perfect if you want to bet on basketball as you can easily bet on sports with high total scores. Sportsbooks simply predicts the final total of the team’s point totals and chooses whether the final total is above or below the sportsbook’s figure.

How to get the latest promo code for Caesars Sportsbook

Ready to get started? Click here to get your first bet up to $1,250 from Caesars (see details here).don’t forget to use the code game full c.

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*21+ new users only. Offer is open to his AZ/CO/IA/IL/IN/LA/MI/NJ/NY/TN/VA/WV. Stakes on qualifying wagers will be returned only if the wager settles as a loss. Paid as a single bet credit. Maximum bet credit of $1,250. Bet credits must be used within 14 days of receipt. Promotion ends 11/1/22. See for full terms. Sports betting is void in Georgia, Hawaii, Ohio, Utah and other prohibited states. Some prop bets are prohibited on CO, MS and TN. Do you know when to stop before you start having a gambling problem? Illinois, New Jersey, Pennsylvania, West Virginia: If you or someone you know has a gambling problem, call 1-800-GAMBLER You can access crisis counseling and referral services by calling (1-800-426-2357) or WV: AZ: Call 1-800-NEXT-STEP. Colorado, Washington DC, Nevada: Call 1-800-522-4700. At: Call 1-800-9-WITH-IT. IA: Call 1-800-BETSOFF. LA (Permit pending in 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 charges may apply. ©2022, Caesars. Entertainment – Problem with gambling? Call New York 877-8-HOPENY or text HOPENY at 467369. Standard text charges may apply.