Sports betting entails risks, so responsible gambling is key. Use a bankroll and track results. Use tools like SBD Sharp to evaluate teams and analyze trends.

Search for value when betting over/under totals. For instance, bookmakers might anticipate an overly aggressive baseball game and offer an extremely high Over line; but if you suspect more defensive than offensive play will occur during that game then make your selection on the Under total instead.

Basics

One of the best ways to increase your odds at Novibet sports betting success is to devise a betting strategy. Doing this will enable you to focus on research while remaining disciplined about how much money is betted and will prevent making bad bets out of fear.

Some basic betting concepts include learning to shop lines, research statistics and trends and find good value bets while avoiding recency bias (placing too much weight on recent events). You should keep track of your bets in a spreadsheet to keep an eye on any possible scam bets such as parlays (like lottery bets), while prop bets provide great practice opportunities but may not always offer excellent returns.

Spread bets

Spread bets are an increasingly popular way of betting on sports events, often using key numbers such as 3 and 7. They’re especially common in football and basketball betting where when a team wins by more than the number set by its spread bet, bettors win their wagers; conversely, when losing by less than that set by its spread bet, their stakes will be returned and considered a draw.

Before placing a spread bet, it is crucial to perform your due diligence and do research on every factor related to team statistics, recent performance, injuries and weather conditions. Furthermore, shopping around for the best odds and lines (known as line shopping ) may increase your odds of success and help ensure more wins from spread bets.

Moneyline bets

Moneyline bets offer novice bettors a straightforward approach to betting. All that is required for success in moneyline bets is for one team or player to win their respective game or segment and return untied, or the sportsbook will return their stake as part of its refund policy.

Moneyline bet odds are determined based on the relative skill and track record of teams or players competing, typically displayed as positive or negative numbers; positive odds indicate how much a bettor would win if wagering $100; negative odds reveal how much one must wager to reach $100 in wins.

Moneyline bets in three-way markets such as soccer and hockey can offer larger payouts than standard point spreads, because plus-odds bets can be placed on the favorite team while minus-odds bets target underdog teams.

Parlay bets

Parlay bets combine multiple outcomes into one larger bet to increase the payout should all come true. They’re popular with bettors of all experience levels but should always be approached with caution and research in mind – parlays may increase chances of winning by combining different shot-priced money line, point spread, player prop, or game total bets into a combination.

As tempting as it may be to see social media posts of players cashing out multi-leg parlays, it’s important to keep in mind that parlays are much harder to win than straight bets. With careful bet placement however, parlays can bring significant profits; most standard bet types can be included in a parlay, with few sportsbooks permitting correlations like run lines and totals on one game or goals and shutouts in soccer being allowed by them.

Future bets

Futures bets involve wagers placed on something that will unfold over a longer time span and can provide greater returns, for instance betting on Philadelphia Eagles to win Super Bowl is one such futures bet that could bring big returns – for example betting on their success could yield big dividends for you!

Futures betting markets exist for all major sports, including golf tournaments, tennis tournaments, horse racing events and college basketball. You can make money betting futures if you follow expert tips and understand different types of bets available to you. It is also crucial to stay informed regarding player injuries, statistics and news so as to hedge futures bets effectively by placing another bet that would make money should your first one fail.