Glossary of Common Sports Betting Terms: Parlay, Against the Spread, Money Line, Pro Sports Props Explained

If you’re one of the many sports fans living in a state that legalized sports betting this year, you probably have a lot of questions. What online sports betting is allowed in my state? Which betting styles work best with which sports? In the beginning, all of these questions can make placing your first bet daunting. But it is enough to know a few user-friendly sports betting terms and you will be ready to try US sports betting without any problems. Below we’ve put together a quick and easy sports betting guide to get you in the action and placing your first bet this fall.

There are more ways to play than ever at Caesars Sportsbook. In fact if you a new registrant who is 21+ and located in an eligible state (AZ, CO, DC, IA, IN, LA, MI, NJ, NY, TN, VA and WV)*you can register with the code, deposit and get your first bet up to $1,250 on Caesars GAMEFULLC. If your bet doesn’t hit, don’t worry. Caesars gives you a single free bet to use within 14 days. (Terms and Conditions apply. See details here. Offer expires 11/1/2022). All in all, there are many ways to take advantage of your sports betting deposit offer.

Sports Betting Guide, Glossary, Terms

Before you play, make sure you are aware of the general wagering requirements that will be presented to you. There are dozens of ways to bet on sports, and this handy sports betting guide can help you figure out what some of the most popular sports betting terminologies mean.

money line: Bet on the final baseball series of the season by betting on the money line. If Philadelphia is listed as a -200 favorite on the moneyline against Houston, you would have to bet $200 on Philly to return $100 on that side to win. Houston as a +200 underdog would return $200 on a $100 bet if it wins.

downright: This popular style of betting requires you to select an athlete in order to win an entire sporting event. This sports betting method is very often used for betting on golf tournaments, car races and title fights.

prop bet: This widespread style of betting allows you to bet on outcomes other than the final score of a game and often revolves around an individual player’s performance. Common sports bets include how many touchdowns a running back will score or how many three-point shots a basketball player will hit.

against the spread: The best way to play along this soccer season is with a spread bet. If San Francisco is listed as a 7.5-point favorite against Atlanta, that side must win by at least 8 points to cover the spread. Atlanta can cover the spread by winning straight or losing by 7 or less to cover it.

To press: If neither team can cover a spread, the result is called a push. If Dallas finishes as a three-point favorite against Cincinnati and then wins the game 27-24, neither team will cover the spread and all bets will be refunded.

teasers: A teaser is a type of parlay that allows you to adjust the distribution of points to reduce risk. If your two favorite teams are seven-point favorites and you’re unsure if they’ll cover their spreads, you can use a six-point teaser to drop each team to a -1 favorite and only need two points to cover.

To play: In this betting style, you place two or more sides on a bet and all sides must win, so the risk is higher, but so is the reward. A $100 bet on a four-team combination at 11-1 odds could return $1,100 if all four teams win. But if only three sides win, the bet is lost.

over under: Play alongside your favorite basketball team by placing one of these bets. When a sportsbook sets the over/under for a game between Milwaukee and New York at 200, you are betting on whether you think the final result will be over or under 200.

futures: You are not limited to betting on matches that are happening now. Futures betting allows you to bet on sports outcomes that will take place in months. The basketball season has just started, but you can still place a futures bet on which team will win each conference.

How to Get Latest Caesars Sportsbook Promo Code

Ready to start? Click here to get your first bet of up to $1,250 from Caesars (see here for details). Remember to use the code GAMEFULLC.

Some of the available Caesars sportsbooks include:

Caesar’s Sportsbook AZ
Caesars Sportsbook CO
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Caesar’s Sportsbook IN
Caesars Sportsbook LA
Caesar’s Sportsbook MI
Caesars Sportsbook NJ
Caesar’s Sportsbook NY
Caesar’s Sportsbook TN
Caesars Sportsbook VA
Caesar’s Sportsbook WV

*21+ new users only. Offer valid for AZ/CO/IA/IL/IN/LA/MI/NJ/NY/TN/VA/WV. The stake amount of the qualifying stake will only be refunded if the stake is settled as a loss. Paid as a single bet balance. Maximum bet balance $1,250. The betting credit must be used within 14 days of receipt. Promotion ends on 11/1/22. Visit Caesars.com/promos for full terms. Sports wagering is void in Georgia, Hawaii, Ohio and Utah and other states where it is illegal. Some prop bets are prohibited in CO, MS and TN. Do You Know When To Stop Before You Start® Gambling Problems? IL, NJ, PA, WV: If you or someone you know has a gambling problem, you can access crisis counseling and referral services by calling 1-800-GAMBLER (1-800-426-2357) or WV: Visit 1800gambler.net ; AZ: Call 1-800-NEXT-STEP; CO, DC, NV: Call 1-800-522-4700; IN: Call 1-800-9-WITH-IT; IA: Call 1-800-BETSOFF; LA (Pending approval 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 SMS charges may apply. ©2022, Caesar. Entertainment – Gambling Problem? NY Call 877-8-HOPENY or text HOPENY (467369). Standard SMS charges may apply.



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