PointsBet offers its users many different betting markets. PointsBet goes above and beyond your cookie-cutter moneyline bets, point spread bets, and over under totals bets.
At PointsBet, you will find same-game parlays, multi-sport parlays, live in-play betting, and more.
A point spread wager is based on the number of points you think a team will win or lose by. The handicap is set by bookmakers according to a team or a player's ability over their opponent.
If you bet on the favorite, they must win the game by more points than the number that was listed on the market. If you wager on the underdog, that team must win outright or lose by fewer points than the amount listed.
For example, If the Dallas Cowboys are favored by 3 over the New York Giants, then the Cowboys must win the game by four points for your ticket to cash, if you placed your bet on Dallas -3. If you took the Giants, they must win outright or lose by fewer than three points.
Your ticket will be graded as a push if the game is decided by three points on either end.
When you bet on an over/under total, you are wagering on the total number of expected points combined by two teams. You can take the over or the under.
For example, if the Giants vs. Cowboys matchup has the total set at 46 points and you take the over, the final score must combine for at least 47 points to win your bet. If you take the under the final must combine for 46 or fewer points. If the combined total lands on 46 exactly, your ticket will be graded as a push.
A moneyline bet is the most basic form of legal sports betting. Here, you will choose the side you think will win the game outright. When you wager on a PointsBet moneyline, all you have to do is pick the side you think will win to cash your ticket.
For example, if the Boston Celtics are playing the New York Knicks in an NBA game and you think the Knicks will win, you will place your wager on the Knicks. If they win, your PointsBet moneyline betting ticket will be graded as a winner.
You will also hear prop bets referred to by the term "proposition bets." A prop bet is focused on a specific circumstance during the game and has nothing to do with the overall outcome (winner, loser, total, etc.).
Here are a few examples of prop bets:
- Ezekiel Elliott to score a touchdown
- Matthew Stafford over/under 0.5 interceptions thrown
- The Vikings will record over 1.5 sacks against the Packers
When you place a futures bet, you are betting on a player or a team-related scenario. With futures bets, your wager will not be settled until the end of the season or the postseason, depending on the wager.
For example, you can place a bet on a NFC or AFC Conference Championship in the NFL or the World Series odds in the MLB.
A parlay bet is a type of wager that combines two or more individual bets into one single bet slip. Each individual bet is called a leg inside of a parlay. To win your parlay bet, all of the legs must win. If one leg loses, the entire ticket will be graded as a loss.
Here is an example of a 3-leg parlay:
- 49ers (-200)
- Dolphins (+100)
- Chiefs (-300)
With the above 3-leg moneyline parlay, you can win $300 on a $100 bet if all of the teams win on any given Sunday during the NFL season.
When you place a teaser bet, you have the option of choosing alternate spreads and totals for games and/or player props to build your betting ticket. Teasers allow you to make your wager seemingly easier hit as the odds will shift somewhere between 4 and 10-plus points before you place your bet. Essentially, you will make a teaser bet because you want to make your betting play easier to win, however, the play will only shift the odds but does not guarantee a win at any point.
Live betting is a way to wager during a sporting event. This is also referred to as in-play betting. With live betting, odds will shift based on the direction of the game minute-to-minute and second-to-second. You can make a live bet at any point once a game as started.