These are the kinds of bets / markets currently offered on PointsBet:
A moneyline bet is placed on either team to win the game outright, with the favorite indicated by a minus (-) sign and the underdog indicated by a (+) sign.
For example, if Team X is a -200 favorite to win the game, a bettor would need to wager $10 to win $5. On the other hand, if Team Y is the underdog at +200 odds a bettor could win $20 from a $10 wager.
Moneyline bets are located under the Fixed Odds tab on each eligible event page.
To place a moneyline bet, select your event, choose the team you think will win, and enter your wager. Then, get ready to cheer on your team!
Click HERE for more info on Moneyline Bets
Unlike a moneyline bet, a spread bet isn’t based on which team wins the game, but instead is based on the number of points each team wins or loses by.
What does “cover the spread” mean? - If the favorite team wins by more points than was listed on the market, they have covered the spread. The team that’s deemed the underdog can also cover the spread in two ways: 1) If they win the game or 2) They lose by less points than what was listed on the market.
For example: Team X is favored by 7 points or –7 over Team Y. That means Team X will need to win the game by more than 7 points to cover the spread. On the other hand, if the bettor chose Team Y to cover the spread, they will need to lose by less than 7 points OR win the game. If either team lands exactly on the 7 point mark, the bet will be a push and stake returned.
Spreadline bet odds are located in the left column of every eligible event!
To place a spread bet, choose your event, select which team YOU think will cover the spread, enter your wager, and watch the action unfold!
Click HERE for more info on Spreadline Bets
A totals bet is wagering on the total number of expected points scored by both teams in any given matchup. Bettors have the option of betting on the combined score of the two teams either going “over” or “under” the listed total.
For example, say PointsBet lists a total of 47 points for a matchup between Team X and Team Y. If a bettor were to make a wager on the over, a winning bet would require at least 48 combined points to be scored. If the total ends up at 46 or fewer the bet would lose, while a hypothetical final score of 27-20 — for exactly 47 points — would result in a “push,” meaning the bettor’s stake would be refunded.
Total bet odds are located in the middle column of every eligible sport including football, basketball, baseball, and more!
To place your bet, choose your market and add to your betslip. Place your wager, submit your bet, and win big!
Click HERE for more info on Totals Betting
Also known as a “proposition,” a prop bet is a wager on a specific player or team-related event during a game. Each prop bet has corresponding odds assigned to the potential outcomes of that event. Think of it as a scenario that PointsBet presents to bettors, who then decide whether or not that scenario will actually occur.
For example, say you navigate to an event where prop bets are available. They could be player props, team props, or a game-related props.
A player prop example could be “Player X will score a touchdown”
A team prop example could be “Team X will score first”
A game prop example could be “A Grand Slam will be hit at some point in the game”
To place a prop bet, choose your market, and decide which prop bet is for you
Add your selected prop bet to you betslip. Place your wager, submit your bet, and win big!
Still confused? Check out the video below for more information on Prop Bets:
A straight bet is an individual wager based on the outcome of a single event. Straight bets can include a spread, moneyline, total (or over/under), propositions and more! Straight bets are the least complicated and perfect for new and casual bettors.
A parlay involves betting on two or more outcomes at once and combining the bets into a more involved wager with escalating returns. All bets on the parlay must win for the entire bet to be a winner.
For Example, a traditional parlay could be betting the spread on Team A vs Team B AND betting the moneyline on Team C vs Team D - parlays can consist of several combinations of fixed odds across several sports, leagues, divisions, etc.
The more "legs" or outcomes you add to a parlay, the bigger the odds and the bigger chance of a payout! - more questions about Traditional Parlays? Click HERE for FAQs.
Additionally, PointsBet offers Same Game Parlay in which bettors can combine numerous outcomes (or legs) from the same event. All legs must then be successful for the SGP to be a winner.
Currently, all AFL, NRL, NBA, MLB, NCAAB and NFL games are eligible for Same Game Parlay (with more markets on the way!) - more questions about Same Game Parlay? Click HERE for FAQs.
A round robin is a series of parlays. For example, a 3-team round robin consists of three 2-team parlays(A + B, A + C and B + C).
Fixed odds betting allows bettors to secure prices and odds at the time of a placing their bet. This price will not be subject to any future fluctuations once the bet is captured and accepted.
There can be various markets within the same game. To see these markets, click on the specific match you want to see the markets for. Scroll down to see all available market options. If there is any confusion regarding the market, click the “I” icon next to the market title to get a more thorough explanation.
Kinds of Fixed Odds Markets include: Spreads, Moneylines, Totals (also called over/unders), and Props
A futures bet involves making a wager on a player- or team-related outcome that won’t be settled until the conclusion of that season. The most common futures bet involves wagering on a team to win its respective league championship.
Click HERE for more info on Futures Betting.
PointsBet offers bettors the unique ability to pick numerous spreads, totals and player props on individual games and players.
Normally, a bettor would have to parlay certain lines together to in turn get a more favorable one. On PointsBet, you can choose from over 70 Totals & Spreads to create a parlay with or bet in singles. They are not required to be in a parlay to get a 'Teased' line.
These are also available in Player Props for most marquee games. These can also be parlayed together.
Click HERE for more info on Teasers / Pick Your Own
Pointsbetting is a PointsBet exclusive market that builds excitement until the clock hits zero!
PointsBetting takes a traditional wager like a spread (which requires the favored team to win by a predetermined number of points), a total (the cumulative number of expected points in a given matchup) or a prop (a wager related to player performance) and adds a unique twist whereby a bettor’s potential winnings or losses aren’t fixed, but variable right until the end of the game.
For more info on Pointsbetting click HERE.