More sports fans than ever are trying online sports betting now that it’s legal in 30+ states. If online sports betting is newly legal in your state, you’re probably excited to place your first bet. But if you’ve never placed a sports bet online before, learning the difference between a spread bet and a money line bet can seem a bit daunting. You only need to know the most popular sports betting conditions to place your first bet like a pro. To help you prepare for a fun sports betting experience, we’ve put together a helpful sports betting guide to get you started. Check out popular sports betting terminology to see which style of betting works best for you.
At Caesars Sportsbook, there are more ways to play than ever. With so many new customers trying sports betting promotions for the first time, Caesars Sportsbook takes some of the risk out by offering risk-free betting up to $1,500 for your first bet. Caesars is one of the most trusted names in entertainment and gaming, and a new Caesars Sportsbook promo code can get you in on the action right now.
If you are a new registrant aged 21+ and located in an eligible state (AZ, CO, IA, IN, LA, MI, NJ, NY, TN, VA, and WV)*you can sign up, deposit and get risk free bet up to $1500 with code THU15C. If your bet doesn’t hit, don’t worry. Caesars will give you a single free bet credit that you can use within 14 days. (T&Cs apply. See details here. Offer expires 08/01/2022).
One of the benefits of betting with Caesars Sportsbook is that you can win even more with Caesars Rewards. It’s one of the most generous casino loyalty clubs out there and extends well beyond free bets and online rewards. Caesars Rewards members enjoy exclusive rates in more than 50 destinations, with the opportunity to earn even more points to play, eat, stay, shop and more.
All told, there are plenty of ways to cash in on your sports book deposit offer.
Sports Betting Guide, Glossary, Terms
Before you play, make sure you know the common betting conditions you will see. There are dozens of ways to bet on sports, and this handy guide to sports betting can help you understand what some of the most popular sports betting terminology means.
Against the spread: This method is very commonly used in online sports betting and is the most popular way to bet on sports like football and basketball. Both teams are handicapped, with the favorite listed with a minus sign. If a football team is listed as a -8.5 favorite, that team must win by nine points or more to cover the spread. A team rated at +8.5 means that team is the underdog and must either win outright or lose by eight points or less to cover.
silver line: Money-line betting is a very popular method of online sports betting and is frequently used for betting on baseball and hockey. This method removes the point handicap used in spread betting and changes the objective to picking the absolute winner based on price. A -200 favorite means you need to bet $200 to return $100 on that side to win. A +200 underdog would return $200 on a $100 bet.
More less: This method is best used if you expect a game or game to have a very high or very low score, such as in professional basketball. Sports betting will set a total number of points expected for a match and then bettors will decide which side of that number the combined scores will land on. For example, if a game has an over-under of 200, you can bet that the total of the two scores will be over or under 200.
Downright: This is another popular type of bet because it is easy to place and does not involve multiple sides or handicapped spots. With an outright bet, the bettor chooses which athlete will win an entire event. This is a very popular betting method for sports like professional golf where individual athletes compete against each other. Straight bets can also be used for title fights or for car races.
Talk: Betting is popular because it offers sports bettors a chance to win big with minimal investment, and it’s exciting because the risk is higher. Parlays involve the selection of two or more propositions on a single bet, and all teams must win for the bet to win. For example, if you choose five football teams in a bet, all five teams must win for the bet to win. If only four football teams cover the spread, the bet loses.
Tease: This method pays lower odds than a bet, but is still popular as handicappers still find it profitable. Teasers are a variation of point spread betting in which they allow the bettor to increase the point value of their selected team. For example, let’s say your two favorite football teams are seven-point favorites and you think they’ll win their matches, but you’re not sure they’ll cover the spread. Using a six-point teaser will put each team in a one-point favourite, meaning they only have to win by two points for your bet to stand.
Bet on accessories: Want to bet on something other than the score of a match? A prop bet is a bet on a given outcome in a game or match other than the final score. For example, a prop bet in a professional baseball game might be on a big hitter getting a home run or a player on a good streak getting an RBI. You can even place a bet on whether a pitcher will register a certain number of strikeouts when he comes out.
Futures contracts: Fancy the next football season? Place a futures bet, which is when you bet on a sporting event or season well in the future. The pro football schedule has been released for the next season, so the football futures are about to be very popular. This is the perfect time to check when rival teams will be in town to take on your favorite football team and place your bet on the future of football.
To push: A push is a tie from a betting perspective when neither team can cover the spread. For example, if the Los Angeles pro football team were three-point favorites against New England and then won the game 30-27, neither team covers the spread and this is considered a push. When this happens, all spread bets are returned.
To manage: The handle is the total amount of money taken out by a bookmaker for a particular event and includes all types of bets.
Live betting: You can also bet on your favorite sports in real time with live in-game odds updates. live day or even on the result of the next batting game. With the baseball schedule packed with games every day this month, it’s the perfect time to get comfortable placing live bets on some of the league’s most exciting games.
“Out of table”: This means that bets on a particular event or outcome have been suspended or cancelled. This is usually something that happens due to major injury news or a last minute roster change.
How to Get the Latest Caesars Sportsbook Promo Code
Ready to start? Click here to get your risk-free bet up to $1,500 from Caesars (see details here). Don’t forget to use the code THU15C.
Caesars sports bets available include:
Caesars Sportsbook AZ
Caesars Sportsbook CO
Caesars Sportsbook AI
Caesars Sportsbook EN
Caesars Sportsbook LA
Caesars Sportsbook MI
Caesars Sportsbook NJ
Caesars Sportsbook NY
Caesars Sportsbook TN
Caesars Sportsbook VA
Caesars Sportsbook WV
*The qualifying bet amount is returned only if the bet is settled as a loss. Paid in a single bet credit. Maximum bet credit $1,500. Betting credit must be used within 14 days of receipt. Promotion ends 08/01/22. See Caesars.com/promos for full terms. Void where prohibited. 21+ only. Sports betting available only in AZ, CO, IA, IN, MI, NJ, NV, NY, TN, VA and WV. Sports betting is void in Georgia, Hawaii, Ohio and Utah and other states where it is prohibited. Game problem? PA & NJ: Call 1-800-GAMBLER (1-800-426-2537) or visit 800gambler.org. IN: Dial 1-800-9WITHIT (1-800-994-8448). IA: Call 1-800-BETSOFF or visit 800gambler.org. WV: Call 1-800-GAMBLER or visit 1800gambler.net. MI: Know when to quit before you start.® Call the Michigan Department of Health and Human Services’ Gambling Disorders Hotline at 1-800-270-7117. CO: Call or text 1-800-522-4700 or chat at www.ncpgambling.org/chat. NV: When the fun stops, call 1-800-522-4700 or visit NevadaCouncil.org. Washington, DC: For problem gambling prevention, treatment, or monitoring programs, call or text 1-800-522-4700. VA: Call, text or chat with our toll-free, confidential helpline at 1-888-532-3500. TN: Call or text the Tennessee REDLINE at 1-800-889-9789. NY: Call 1-877-8-HOPENY or text HOPENY (467369).
PLEASE PLAY RESPONSIBLY: Scan here to talk with someone now about your gambling. Or call the free, confidential Problem Gambling HOPEline: 1-877-8-HOPENY (1-877-846-7369) or text HOPENY (467369) ). Standard SMS rates may apply. OASAS.ny.gov/problem-gambling