CashBet Sportsbook - Where Cash is King
  • Sportsbook
  • Casino
  • Racebook
  • Promotions

Sports Betting

In a nutshell, sports betting is a two-pronged activity. The first part is predicting the result of a sporting event. And the second part is placing a bet on the outcome of said event. The vast majority of wagers are placed on soccer, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing. At the amateur as well as the professional level. Sports betting can also include non-athletic events, like reality show contests and political elections. Additionally, it can cover non-human competitions such as horse racing and greyhound racing. It is common for sports betting websites like Cash Bet to offer lines for entertainment events, for example the Grammy Awards, the Oscars, and the Emmy Awards.

Sports bettors place their bets legally through a licensed online sportsbook such as Cash Bet, which takes bets up-front. That is to say, the bettor must pay the sportsbook prior to placing the wager. This stands in stark contrast to illegal bookies, who only require money from losing bettors and don't ask the wagered money up front. This creates the possibility of debt to the bookie from the bettor, leading to further illegality and, possibly, to the breaking of legs by hired goons.

GET YOUR 100% WELCOME CASH BONUS

Types of sports betting bets

Moneyline bets

These do not have a point spread or handicap. The only requirement is that the chosen team win the game outright. The favorite team pays lower odds than the underdog. This is an incentive to take the underdog for a bigger payout. Sometimes a gambler may pair this type of bet on the favorite team to increase the payout of a parlay.

Spread betting

These are wagers made against the point spread. The spread is a number established by odds-makers which handicaps one team and favors another. Especially when two teams play each other and one is considered to be more likely to win. The favorite ‘takes’ points from the final score while the underdog ‘gives’ points. This number can be an increment of half-a-point, although very few sports have .5 point scoring (a rare example is The Ryder Cup), in order to avoid the possibility of a draw. For instance, before game 5 of the 2012 NBA Finals, the Miami Heat were expected to defeat the Oklahoma City Thunder. The line was Miami −3, Oklahoma City +3. To determine which team wins against the spread, the line is either added or subtracted from a team's final score.

In this example, if the bettor picked Miami, he would subtract three points from Miami's final score and compare that to Oklahoma City's final score. If taking Oklahoma City, he would add three points to Oklahoma City's final score. For the bettor to win his bet, Miami would have to win the game by four points or more. And if the gambler took Oklahoma City, they would have to win straight-up or lose by fewer than three points. If the final adjusted score is a draw, the bet is a push. This is the most common bet in American sports betting.

Total (Over/Under)

These are wagers based on the total combined score by both teams. For example, if an MLB game’s total is 10.5, an over bettor will want the combined total to be higher, and an under bettor will want it to be lower. If the combined total equals the proposed total, the bet is a push.

Proposition bets

Prop bets are wagers made on a very specific outcome of a match not related to the final score. It tends to be of a statistical nature. Examples include but are not limited to predicting the number of goals a player scores in a soccer match, whether a player will run for a certain number of yards in an American football game, or whether a baseball player on one team will have more hits than another player on the opposing team.

Parlays

This involves a string of multiple bets that give bettors a greater payout but only if all bets in the parlay are successful. A parlay is made up of at least two bets, but can contain as many as the bookmaker allows. The possible payout of a parlay is determined by the combined likelihood of all bets placed. A parlay of riskier bets (more underdogs) will pay greater than a one of likelier bets (more favorites). In a parlay, all bets need to win in order for the parlay to be a winner. If one of the bets loses, the entire parlay is a loser. If one of the bets is a push, that bet would be excised from the parlay and the parlay would be taken down to a set of odds without that bet.

Teasers

A teaser is a parlay that gives the bettor an advantage at a lower, but still positive, payout. The bettor selects the sport(s), number of games, and number of points given. If the bettor takes two NBA games at +6.5 it will adjust the individual bets at that rate. So a bet on a 3-point underdog at +3 will become a bet at +9.5 points, and for favorites, it will change a 3-point favorite at −3 to +3.5 points. The rules to win such a bet are the same as a parlay, but the bettor is paid less than a regular parlay because of the increased odds of winning.

Future bet

All sports betting is by definition concerned with future events. However, futures betting usually involves something that will happen in weeks or months. For example, that a given NFL team will win the Super Bowl for the upcoming season. This kind of a bet must be placed prior to the start of the season. A winning bets will not pay off until after the Super Bowl in January or February.

Online Sports Betting

NFL Betting College Football Betting NBA Betting College Basketball Betting MLB Betting NHL Betting UFC Betting Golf Betting Tennis Betting March Madness Super Bowl Soccer Betting

Our Sportsbook is among 2020’s Best Online Betting Sites and here’s why | NEW Online Betting Sportsbook and Bitcoin Sportsbook.

CashBet Sportsbook

Why make CashBet.ag your Sportsbook of choice? We have endeavored to design the very best online betting experience for each of our customers, whether they are beginners or veterans.

When we say CashBet, we’re not just talking business – we mean business. We are Your Legal Online Sportsbook, operating 24/7 to give you what no sports book on the elsewhere is willing or able to give you. We’re available around the clock.

We take bets on the broadest spectrum of professional and college American sports such as the NFL, College Football, NBA, College Basketball, MLB, NHL, UFC, Golf, Tennis and NASCAR.

We offer Straight Bets, Parlays, Teasers, Buying and Selling Points, If Bets and Action wagers. We display our lines in American, Fractional and Decimal Odds.

Moreover, we offer the most enticing welcome and reload bonuses as well as a top of promotions.

Add to that a Casino and North American Racebook and must-have features like Live Betting and a mobile friendly platform. We’ve got it all right here at CashBet, and we’re always working to make the best even better. Call us and we guarantee you’ll stay with us for the long haul.

We take Bitcoin as well as deposits via Person to Person, Money Transfers, Cashier’s Checks and Bank Wires.

We can process payouts in 24h or less via Bitcoin, but that’s just one of many other withdrawal methods. Our professional staff of English-speaking customer service representatives are standing by to help you.

If all of this sounds too good to be true, then feel free try our five-star customer service and be one more happy CashBet user, come and check us out for yourself. There isn’t any other casino anywhere that features the know-how and how-to, or the work ethic and just plain ethic that permeate CashBet Online Sportsbook.

Sign up Today at CashBet Sportsbook and Get a 100% Welcome Bonus.
Login
Message

Person to Person
BitCoin
18+
Responsible Gambling
SSl Secure
© 2021 CashBet.ag | twitter instagram
  • About Us
  • Contact Us
  • Terms
  • Privacy
  • Responsible Gaming
  • Sports Betting