How to Place Smart Moneyline Bets at a Sportsbook

How to Place Smart Moneyline Bets at a Sportsbook

sportsbook

A sportsbook is an establishment where players can make wagers on a variety of sports. These businesses are a great place for players to place bets, especially if they’re new to the game. A sportsbook can offer a number of benefits to its customers, including Geolocation services, Pay per head solutions, and Layoff accounts.

Pay per head (PPH) solutions

Pay per head providers offer a wide range of services to help sportsbooks manage their customers. These services include betting boards for daily and weekly games, as well as fast and accurate betting lines. They also work with external odds making services to provide a wide variety of betting options. Pay per head solutions help sportsbook operators free up their time and focus on other aspects of their business.

Geolocation services

If you’re a sports bettor, sportsbook geolocation services can be a great convenience. However, they have some limitations. For example, you can’t place bets if you’re outside the United States. Also, you can’t bet on the same sportsbook as a U.S. resident, and they work best when you’re connected to a WiFi network.

Layoff accounts

A sportsbook layoff account is an excellent way to protect your profits if you place a large bet and then lose it. You deposit money into this account before the game and when the game is over, the money will be automatically paid out. Layoff accounts are particularly useful for bettors who like to bet against the spread. However, not all pay-per-head sportsbooks offer these accounts.

Moneyline bets

Moneyline bets are among the safest types of wagers at a sportsbook. They’re worth placing, especially when you have a strong opinion about the outcome of a game. However, you need to know the risks involved and make sure you understand the odds before placing your moneyline bets. Below, you’ll find some tips to help you place smart moneyline bets.

Parlays bets

Parlays sportsbook bets are made by combining two or more bets from different sports. A football parlay, for example, might include straight-up bets on both teams in the NFL and the MLB, as well as a basketball point spread bet. Parlays are also known as accumulators or combo bets. The payout depends on the win of all of the bets combined.

Offshore sportsbooks

Offshore sportsbooks offer a range of incentives to their customers. Some offer deposit match bonuses whereby the sportsbook will match your first deposit in cash. For example, BetOnline will match your first deposit 50 percent, giving you an additional $500 if you deposit a thousand dollars. Other offshore sportsbooks offer freebies, like lifetime reload bonuses.