Expert Betting Advice: How To Win A Prop Bet Using Premium Tools & Data

Finding the best sports betting lines and odds can be a difficult task, let alone knowing where to start and be on the winning side. That’s why we’ve created a sports betting 101 video for you here — Awesemo’s expert sports betting advice from Eric Lindquist on how to win a prop bet. Eric breaks down how to become a winning sports bettor by using the Awesemo expert betting tools and data to pinpoint the top player prop bets and picks for the day, and how to utilize the Awesemo OddsShopper tool to get the best betting odds and lines.

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Expert Sports Betting Advice: How to Win a Prop Bet

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Sports Betting 101

Bet Types

Straight bet – This is the most common bet type and it is just a straight up single bet on a game. A point spread is determined by the oddsmakers with one team being favored by a certain amount of points. Let’s take a look at an example line below to give a clear indication of what a straight bet would be:

Moneyline (“ML”) – The moneyline is a bet where there is no spread; you are just picking the winner of the game. In the example above, the Cavaliers ML is +260, which means that for every $100 wagered, you win $260 if the Cavaliers win the game outright. They receive the plus side of the moneyline since they are the underdog and picking them rewards you with nice odds since they are projected to likely lose the game. On the flip side, if you bet the Celtics ML at -320, you have to bet $320 to win $100. They are the favorites so if you decide to bet the moneyline instead of the point spread, you are forced to bet additional money to win $100.

Over/Under – This is a straight bet wagering on how many total combined points will be scored in a game by both teams. For example, an NBA game may have an over/under of 210 points, which means that the oddsmakers are projecting a combined points total of 210 between the two teams. If you think the teams are going to score more than 210 points total, you bet the over, and conversely, if you think it’s going to be a defensive struggle, you can bet the under hoping that the total points scored equals 209 points or less.

Parlay – A parlay is a bet where you combine multiple bets into one bet and you get increased odds because you only win your parlay wager if all of your bets win. If you do a three-team parlay, you select three different teams from three different games and if you win all three of the bets you hit your parlay for longshot odds (6-1 so $100 to win $600). Going 0/3, 1/3, or 2/3 is all the same and you lose the parlay bet. It’s all or nothing which makes them tough to hit and is more of a home run type bet than a regular straight bet since there’s a chance for a big payoff.

We have more Sports Betting 101 articles for beginners, as well as Expert Betting Advice articles for the more seasoned bettors. Be sure to check them all out to become one of the sharps, and cash your next big ticket.

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Author

Nathan Joyce

I'm a wannabe athlete whose athletic career ended after a long tenure riding the bench through JV baseball. The fantasy sports and sports betting degen side of me blossomed at age 12 when I found fantasy baseball and football, and led to a 12-year submergence into the poker scene -- I started playing "secret" cash games in my parents' basements by age 14. Luckily, I've finally found what I love to do -- write about "fake sports," which my girlfriend refers to it as, though it only took me until age 30. If you decide you like the words I write and follow me on Twitter (@nd_joyce), I apologize in advance for the copious amounts of dog photos you will see.