Curious about the simplest way to dip your toes into the betting world? Look no further! In this straight betting explained guide, I’m about to uncover the no-frills, straight-shooter approach to placing bets.
This guide will take you through all the basics, one step at a time. From answering the age old question: what are straight bets? And seeing real examples of them in action, with some top tips for using these bets. Let’s get betting gamers!
Straight bets are built for those who like the simpler things in life, they’re all about making a single bet on one outcome. It’s the betting equivalent of saying, “I want this, and only this”, no need for complex combinations or fancy picks here, just a straightforward pick that keeps things uncomplicated and fun.
In my opinion these bets are the perfect option for beginners. Don’t get me wrong, they’re great for you betting veterans looking for some simple bets too. But, the level of simplicity these bets offer makes life that little bit easier for those just getting started in their sports betting journey.
This betting guide wouldn’t be complete without a real-world example of straight betting in action. It really helps to bring this bet to life so you can see it in its full glory. Let’s say you’re betting on a football game between the Seattle Seahawks and the Denver Broncos. You decide to place a straight bet on the Seahawks to win. Here’s a breakdown of how it works:
| Team | Moneyline Odds | Bet Amount | Potential Profit | Total Payout |
|---|---|---|---|---|
| Seattle Seahawks | +200 | $100 | $200 | $300 |
| Denver Broncos | -150 | $150 | $100 | $250 |
In this example, a straight bet means you’re simply backing a single team to win the game, without any additional complexities. If you bet $100 on the Seahawks and they win you get a $300 payout with $200 profit. While if you bet on the Broncos with $150 and they win you get a $250 payout with $100 profit. This betting style really is the epitome of keeping things straightforward and focused.
You’ll also notice how this example has been given with a moneyline bet and moneyline odds, but you can also apply the straight bet to bets such as point spreads or over/under. If you want to learn more about moneyline bets, be sure to check out my moneyline betting explained guide.
Now that you’ve had the sports betting 101 on what it means to use the straight betting type at your chosen sportsbook, it’s time to see how you can maximise your use of these bets. Think of these tips as your secret recipe for betting success, ignore them at your own peril! Let’s get into it then:
Before placing a bet, research the teams or players by looking at different factors such as recent performance, injuries, and head-to-head stats. Knowledge is power, and a well-informed bet is more likely to pay off.
It doesn’t take a genius to know different sportsbooks offer different odds. So, shop around and find the best sportsbooks to play for competitive odds. It’s like hunting for the best items in a clearance sale; it pays off when you find those hidden gems.
Avoid placing bets based on personal biases, favourite teams, or emotions. Instead, rely on logic and analysis to make objective and informed decisions—don’t let the love for your team cloud your judgment!
Track your bets, including wins, losses, and strategies used. This can help you identify patterns and refine your approach. Think of it as keeping a diary to help you continuously learn, improve, and grow.
Many sportsbooks offer bonuses, free bets, or promotions. Ignoring these would make no sense as they can provide a huge amount of additional value to you and your account balance. However, make sure to read the fine print to avoid any nasty restrictions in the terms and conditions.
While straight bets are a great choice and a classic one at that, there’s still a whole array of other exciting betting types out there to try. Many of them offer their own unique adventures, filled with many twists and turns ready to spice up your betting experience. Whether it be learning about the fixed odds meaning or trying some parlay bets, the world is your oyster with an almost never ending list of betting types available. In the table below I’ve listed some of my personal favourites:
| Betting Type | Description |
|---|---|
| Moneyline bet | A simple bet on which team or player will win. |
| Point spread bet | Bet on a team to win by a certain margin or lose within a specified margin. |
| Over/under bet | Bet on whether the total points scored in a game will be over or under a set number. |
| Parlay bet | Combine multiple bets into one for a bigger payout, but all of your bets must win for you to cash in. |
| Futures bet | Bet on outcomes that will be decided in the future, like who will win the championship. |
| Live bet | Place bets during the game as the action unfolds. |
| Prop bet | Wager on specific events within a game, such as which player will score first. |
| Teaser bet | Adjust point spreads or totals to your advantage in a parlay bet. |
Straight bets are the bread and butter of sports betting, they’re simple, straightforward and ideal for those who prefer a no nonsense approach. Whether you're just starting out or a seasoned bettor seeking a straightforward wager, straight bets keep things clear and focused. Now that you’ve learned the answer to the all important question ‘what are straight bets’ you should be more than ready to take these bets for a test drive yourself. Well, don’t just stand there, get to it gamers. Go and experiment with straight bets at the biggest and best sportsbooks.
Straight bets explained can be dumbed down to one core concept. That is that straight bets are a straightforward bet on a single outcome of a game or match, such as picking a team to win.
Yes, there are a few types of straight bets that can be made, they include moneyline bets, point spread bets, and totals (over/under) bets. Each type focuses on a different aspect of the game, match or event, but remains a single outcome bet.
Yes, straight betting can be used in live betting, where you place bets on the outcome of a game while it’s in progress. Almost all of the best sportsbooks will accept and enable this type of live betting and it’s often one of the best ways to get started with live sports bets, due to its simplistic nature.
Go to BetMGM
Go to BetMGM
