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If you’re a sports fanatic, you have probably made some wagers in a sportsbook. These bets are called moneylines, over/unders, and tie bets. These bets are the most popular, but they require a little more knowledge than your average bettor. To ensure you don’t lose money, here are a few tips that you should keep in mind. Once you understand these, you’ll be on your way to winning big.

Moneyline

If you’re a novice bettors, you may be skeptical of the Moneyline at sportsbook. The line moves according to the flow of information, which includes the injury reports, weather conditions, and other factors. In addition, the sportsbooks react to sharp bettors who place max wagers on the game. This movement of the line indicates that sharp players have taken action. For example, a Lions +290 line might move down to a Lions +250 line. Hence, before betting on a moneyline, you should calculate the implied probability of the market – a percentage based on the implied probability of the winning team.

Over/Under

If you like to bet on football or basketball games, you can use the Sportsbook Over/Under betting option. Over/Under bets are totals bets, and they are made based on the combined score of two teams. A sportsbook will decide the total score based on various factors, and you can either bet even money on the under or bet against the spread. If you bet against the over, you will lose your entire stake if the team wins by more than three runs.

Tie

What does it mean to bet a “tie” at a sportsbook? A tie means that no money will be lost or won, but you will be able to get your bet back. There are different types of bets that can end in a tie. In baseball, for instance, you can bet on the run line instead of the money line. If you’re betting on soccer, you can bet on the side.

Vigorish

The term vigorish refers to the wagering margin a sportsbook keeps from bettors. It is the difference between the original wager and the total amount retained by the bookmaker in a risk-free bet. Whether a winner is favored or not is immaterial as the sportsbook hopes to pay out less than it takes in. The vigorish is useful to sportsbooks because it allows them to tilt the scales in their favor.

Tie-in

A Tie-in at sportsbook is when a game ends in a tie. If you’re betting on the final score, you need to be aware of the odds, and how a tie can affect parlays. Some sportsbooks treat ties as void games, and your three-team parlay will end up being a two-team parlay. A tie is often the result of a single team losing a bet, but the odds can change depending on the sportsbook.

Teaser

The best way to win a sportsbook teaser bet is to predict how the lines will move before the game begins. While many sites grade teasers as a push, most grade them as a loss. Avoid teasing a full game point total unless you’re certain the game will be decided by just a few points. You can also bet the over/under lines if you think the underdog will win by a few points.