To get started with sports betting, you’ll want to learn about the different betting apps available. You’ll also want to check your state’s regulations. Although most apps don’t require you to update them manually, it’s important to keep an eye on them. Some sportsbooks update their apps one to four times a month.
When you’re betting on a sporting event, you can use moneyline bets to increase your winnings. These bets are typically less expensive than other bets because the odds of winning are higher than those of losing. For example, you might win $100 if you bet on the favorite to win, but make $300 if you bet on the underdog. If you know what to look for in a moneyline bet, you can increase your profits dramatically.
Futures bets are wagers that are placed on the results of multiple games during a season. While the odds on these bets are lower than those of a straight wager, the payout is typically higher. Futures odds are usually quoted in list form, ranging from the best to worst chances of winning. For instance, a futures wager on the Indianapolis Colts would have odds of over 500 to win the Super Bowl.
Parlay cards are a popular way to make a bet, especially during football season. There are many different types of parlay cards, including teasers, ties, pleasers, and reverse teasers. These cards are now also available on mobile sports wagering apps.
Halftime bets in sports betting allow you to bet on either the first or second half of a game. These bets are most common in football and soccer, but they can be used in other sports. You can find halftime lines for nearly every major college and NBA game. Just be sure to check the sportsbook’s website to determine if the wager is available.
Daily doubles in sports betting involve placing bets on two separate events. This is often done when you do not know the outcome of a race. For example, if you bet on a horse and it wins, you can use the winnings from the first bet to stake the money on the other selection. The prize money for daily doubles can vary from a few dollars to millions of dollars.
Football teasers are popular bets among sports bettors, and they can be a great way to get in on the action without having to bet on both teams. These bets involve picking two teams that are over the spread and getting six additional points on each side. These bets typically pay around -120, and can be a great way to make money on your favorite team. In the most recent Super Bowl, the Chiefs were a 3-point underdog versus the Buccaneers. The over/under was 54.5. However, the Chiefs were a three-point underdog and fell short.