Bet Types

Sports Bet Types Explained


Every Wisconsin retail sportsbook offers the same core menu of bet types. This hub explains each market — how it works, when it's best used, and how the math affects expected value.

  • Moneyline →

    Straight win/loss. The simplest bet in any sport.

  • Point Spread →

    Handicap that levels the matchup. The dominant NFL and NBA market.

  • Totals (Over/Under) →

    Combined points/runs/goals over or under a posted number.

  • Parlay →

    Multiple bets combined for higher payout — all legs must win.

  • Player Props →

    Individual performance markets — passing yards, points, strikeouts.

  • Futures →

    Season-long bets — champion, division winner, MVP, win totals.

  • Live Betting →

    In-game wagers with constantly updated odds.