Glossary of Common Bet Types on Betfred

1. Moneyline: A moneyline bet is a straightforward bet on which team or individual will win a game or event. The odds are based on the perceived likelihood of each outcome.

2. Point spread: A point spread bet involves betting on a team to win by a certain number of points or to lose by less than a certain number of points.

3. Over/under: An over/under bet is a wager on whether the total points scored in a game or event will be over or under a specific number set by the bookmaker.

4. Futures: A futures bet is a long-term bet on the outcome of a future event, such as which team will win a championship or a specific player will win an award.

5. Parlay: A parlay is a combination of two or more bets that must all win for the bettor to win the bet. The payout for a parlay is higher than for individual bets, but the risk is also greater.

6. Teaser: A teaser is similar to a parlay but allows the bettor to adjust the point spread or over/under for multiple games. The payout is lower than a parlay, but the odds of winning are higher.

7. Prop bets: Prop bets are wagers on specific events or outcomes within a game or event, such as the number of touchdowns scored by a certain player or the outcome of the coin toss.

8. Live/in-play betting: Live or in-play betting allows bettors to place bets on a game or event as it is happening in real-time.

9. Round robin: A round robin bet is a series of smaller parlay bets that cover all possible combinations of a group of teams or events.

It's important to note that the specific bet types offered on the Betfred US app may vary depending on the sport and specific event. Be sure to check the app for available betting options and the terms and conditions for each bet type.