In-Play betting involves making bets on specific outcomes during a game. In football, for instance, you can bet on the number of goals scored by a team. If you are a baseball fan, you can wager on a team’s chances of hitting home runs. You can also wager on the number of total goals or runs scored by an entire team. There are also parlays, which involve placing multiple bets that will pay off if all the bets win. A parlay requires at least two selections to win, and can have as many as six.
When betting on sports, odds are usually given for the favorite or underdog team. The favorite has a higher chance of winning the game, whereas the underdog has a lower chance of winning. While betting on a favorite means taking more risks, the payoff can be higher. In sports betting, oddsmakers will assign a total for a game, so bettors can choose if they want to bet Over or Under the total.
Sportsbooks often offer prop bets on players. One popular example is Julian Edelman’s over/under 6.5 receptions. While these bets aren’t nearly as accurate as other betting options, they offer lower limits.