Question 1

What is a moneyline bet?

Accepted Answer

A moneyline bet is the simplest form of sports betting where you pick which team will win the game. Favorites have negative odds (like -150), while underdogs have positive odds (like +130), reflecting their perceived chances of winning.

Question 2

How do American odds work in sports betting?

Accepted Answer

In American odds, a minus sign (-) shows how much you need to bet to win $100, while a plus sign (+) shows how much you'd win on a $100 bet. For example, -110 means betting $110 to win $100.

Question 3

What is a parlay bet?

Accepted Answer

A parlay combines multiple bets into a single wager where all selections must win for the bet to pay out. While parlays offer higher potential returns due to multiplied odds, they're significantly riskier than single bets.

Question 4

What percentage of my bankroll should I bet when wagering on sports?

Accepted Answer

Most sports betting experts recommend never betting more than 1-3% of your total betting bankroll on a single wager. This conservative approach helps ensure you can withstand inevitable losing streaks while maintaining sustainable betting practices.

Question 5

What is line shopping in sports betting?

Accepted Answer

Line shopping involves comparing odds across different sportsbooks to find the best available prices for your bets. Even small differences in odds can significantly impact your long-term profitability when betting regularly.

Question 6

What is the most popular sport to bet on in the United States?

Accepted Answer

The NFL dominates the American sports betting landscape from late summer through winter. The Super Bowl is the single largest betting event of the year, attracting billions in wagers across various markets.

Beginner’s Guide to Betting on Sports in 2025