PointsBet NY offers its users just about every bet type as well as all of the major sports and markets. Although you will not find some lesser known betting markets like cricket and racquetball at PointsBet NY, you will be able to bet on all of the major sports and leagues around the globe.
Here's a rundown of the most common bet types available at PointsBet New York.
A moneyline bet is the most basic type of sports betting. There is no point spread involved. All you have to do is pick which side you believe will win the game straight up. And if you are right, your betting ticket will cash.
For example, if the New York Giants are playing the New York Jets in a preseason NFL game, and you think the Giants will win, then you place your moneyline bet on them to win. If the Giants do end up winning the game, it's as simple as that, you win the bet.
Parlay bets are constructed by combining two or more bet selections into a single wager. Each individual bet, also know as a leg, within the parlay must win or tie for the bet to cash. If a single leg of a parlay loses, then the entire wager is graded as a loss.
The odds of a parlay are what make parlay bets so enticing. The more legs you include, the higher the potential payout. However, with each additional leg, there is a higher likelihood that the wager will lose.
If you want to bet a total, you are making an over/under total wager. Totals are bets on the amount of expected points, runs or goals scored by both teams combined in a game.
For example, if the total is set at 50.5 points for a Giants vs. Cowboys game and you take the over, then New York and Dallas must combine for 51 points for you to win your bet. If you take the under, then the total points scored must be fewer than 50 points for you to win.
Prop bets are also referred to as proposition bets and are focussed on a distinct team, player, or game outcome that will occur during a game. These wagers have nothing to do with the final score or the overall outcome of the game.
Here are a couple of examples of prop bets that you can find at PointsBet NY:
Will there be a successful coach's challenge?
Will the game go to overtime?
When you place a futures bet, you are wagering on a team or player-based scenario that will not culminate until the end of the season or the postseason.
For example, you can place a futures bet on whether or not the New York Giants will make the playoffs or even their win total. Super Bowl odds futures are a common futures bet at PointsBet NY.
In some sportsbooks, you will find that live betting is also called in-play betting. When you place a live bet, you are betting on an outcome that is occurring during a game. These can be based on prop bets or final score and outcome based. With live bets, the odds and lines are always moving, depending on what's happening during a game.