Money line: A wager where bettors choose one side of the other, without the use of a point spread.To balance the odds, the favorite “gives” a stipulated number of points, whereas underdogs “take” the same number of points. Point spread: This most basic bets allows players to wager on one side or the other, and usually pays $10 for every $11 wagered (-110).This will vary from state to state, and will partially depend on if a state offers online wagering, but generally speaking here are some of the more common sports betting formats that will be found: What types of sports bets can players make?

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