A straight bet, also known as a single bet, is a type of sports betting where a player places a wager on the outcome of a single event. Here is a bulleted tutorial on how to place a straight bet on PointsBet:
- Log in to your PointsBet account on their website or mobile app.
- Navigate to the sports and event you want to bet on and choose the specific game or match.
- Click on the odds of the team or player you want to bet on.
- Your selection will be added to your bet slip.
- Enter the amount you wish to wager in the bet slip. You will see the potential payout displayed.
- Click the "Place Bet" button to confirm your wager.
Example: Let's say you want to bet on the NBA game between the Los Angeles Lakers and the Golden State Warriors. The Lakers have odds of -150 to win the game, while the Warriors have odds of +125. You believe the Lakers will win, so you place a $100 straight bet on the Lakers. If the Lakers win, you will win $66.67 ($100 x 0.67) in profit, and your total payout will be $166.67 ($100 stake + $66.67 profit). If the Lakers lose or the game ends in a tie, you will lose your $100 stake.
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