Sports betting is the art of placing bets on sports. There are several types of bets, each with a specific strategy and betting methods. These types of bets are often referred to as over/under bets, as they predict whether the total score will be over or under a specified number.

Parlays are a popular form of betting in sports. In a parlay, a player wagers on more than one team. In order for the player to win, he must win all the wagers in the parlay. Otherwise, the bet is void. However, this type of wager usually has a higher payoff than if he placed each bet separately.

Parlays and teasers are similar to a parlay, but they involve a point spread instead of a moneyline. This allows for more flexibility in risk and helps a player hit multiple bets easier. Futures bets, on the other hand, involve wagers on a specific event or team in the future, such as a championship or division.

If you are new to sports betting, you need to understand how to read betting odds and betting lines. They can be confusing, especially for novice sports bettors. These odds and lines are set by sportsbooks to help you handicap games.