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Sports Betting Terms: Money Line, Point spread and Over/Under
 

  Research indicates that when people are searching for betting websites, the vast majority of them are new bettors and could use as much help with the terminology and definitions of most sports betting terms as they could find. Here we will give those new to sports betting the opportunity to learn the basic terms and types of bets an online sportsbook will offer to its customers. There are many websites which delve deep into details, but this is not the point of our guide - we simply aim to help you understand the very basic bets you'd likely make at your chosen betting sites.

 We will begin our betting terms explanations with the most popular bet world-wide, the money line. The basic of money line is rather simple to understand - it's a wager on the outright winner of a sporting event, regardless of actual result (points), i.e. the margin of the winner compared to the loser(s) does not matter. For example, whether the Chicago Bears beat the Detroit Lions by 1 point of 14 points, it wouldn't affect the money line at all. The sole point of the money line bet is to guess the winner of the event and nothing else. As you can see, the money line is a very simple type of wager, nothing like the point spread.

 With the point spread things get a bit complicated at first sight, but in general, it's also very easy to understand. Point spread is a form of handicap the odds makers (sports betting websites) give one of the teams and take away from the other. Best understood through an example, if the Bears have a -7 point spread at your favorite bookmaker, it means that in order for the wager to be a winner (also called "covering the spread"), the Bears must win the game by more than 7 points.

 And finally, back to a more simple sports betting term, the over under bet. The sportsbook will post over under most often on final scores and the aim of the bettor is to guess whether the final score will be over or under the one predicted by the betting website. Keep in mind that the over-under is the total combined score by both teams, so if the bookmaker has a total of 3.5 goals on a soccer match, it means that when the game is over and the scores of each team are added up together, your bet must be over or under that total.

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