Bet Type Index

Every Sports Bet Type, Explained

Plain-English guides to every wager type offered at Indiana sportsbooks. What the bet does, when to use it, and what mistakes to avoid.

Moneyline Bets

The simplest bet type — pick the team you think will win, straight up.

Bet on the margin of victory — the favorite must win by more than the spread; the underdog can lose by less.

Bet whether the combined score will be over or under a number posted by the sportsbook.

Combine multiple wagers into one ticket — all legs must hit, but payouts multiply.

Combine multiple bets from the same game into one ticket — built-in correlation adjustments apply.

Long-term bets on outcomes that resolve at the end of a season or tournament.

Wager on games while they're happening — lines update in real time as the game unfolds.

Wagers on individual events within a game — player stats, team stats, or specific occurrences.