Education

Bet Types Explained


Every wager type Arizona sportsbooks offer, explained with examples; start with the beginner picks and work up.

Beginner

Futures

A futures bet is a wager on an outcome decided weeks or months in the future; championship winners, season MVPs, win totals, division winners. Long horizon, often large payouts.

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Beginner

Moneyline

A moneyline bet is the simplest wager in sports betting; pick which team or player will win the game outright, with no point spread involved.

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Beginner

Point Spread

A point spread evens the playing field by handicapping the favorite. The favorite must win by more than the spread; the underdog can lose by less than the spread (or win outright) to cover.

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Beginner

Totals (Over/Under)

A totals bet (also called Over/Under) is a wager on whether the combined score of both teams will go over or under a number set by the sportsbook.

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Intermediate

Live Betting

Live betting (also called in-play betting) lets you place wagers after a game has started. Odds update in real time based on the score, time remaining, and momentum.

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Intermediate

Parlays

A parlay combines two or more individual wagers into a single bet. All legs must win for the parlay to cash. Payouts grow exponentially with each added leg, but so does the risk.

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Intermediate

Player Props

A player prop is a wager on an individual player's performance; total points, rushing yards, strikeouts, etc.; independent of the game outcome.

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Intermediate

Same Game Parlay

A Same Game Parlay (SGP) combines multiple bets from the same game into one parlay. Picks can be correlated; same team to win and score over a total; within the same matchup.

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Advanced

Round Robin

A round robin is a series of smaller parlays generated from a larger pool of picks. Instead of one big all-or-nothing parlay, you spread risk across multiple combinations.

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Advanced

Teasers

A teaser is a parlay variant where you move the spread or total in your favor by a fixed number of points across multiple legs. Better odds of winning, but lower payouts than a straight parlay.

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