Outright

A straightforward bet on which team or player will win a match or event. There is no point spread involved. In a two-way moneyline (e.g., tennis), you pick the winner. In a three-way moneyline (e.g., football/soccer), you can also bet on a draw. Moneyline bets are the simplest form of sports betting.

A parlay where all selections come from the same match or event. For example, combining Team A to win, Over 2.5 goals, and a specific player to score in one football match. SGPs have become extremely popular with recreational bettors but often carry very high margins for the bookmaker.

A handicap betting system originating in Asia that eliminates the draw as a possible outcome by using quarter-goal and half-goal lines. For example, a -0.75 Asian Handicap splits your stake between -0.5 and -1.0 lines. This system offers more precise handicapping and often lower margins than European handicaps.

A type of parlay where the bettor can adjust the point spread or totals in their favor for each selection, but at reduced odds. Common in American football and basketball. For example, a 6-point teaser on a -7.5 spread changes it to -1.5. All legs must still win for the teaser to pay out.

A bet placed on the outcome of an event in the future, such as which team will win a league championship or who will win the MVP award. Futures bets are typically available well in advance and odds change as the season progresses. They tie up your bankroll but can offer significant value early in a season.

A bet on a specific event or occurrence within a game that may not directly relate to the final outcome. Examples include first player to score, total passing yards by a quarterback, or number of corners in a football match. Prop bets can be player-based or game-based and are increasingly popular.