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If you love sports and you want to make money out of the games you enjoy watching, you can actually participate in sports betting to make extra money while having fun. Indeed, sports betting has made watching your favorite games even more exciting and thrilling.

Betting on sports games involves risks, and you can actually lose everything within an instant. Thus, in case you are a risk taker, betting on the final results of games may be a fun way to earn money whether offline or quality online gambling.

To guide you over the various kinds of betting in professional sports you can do, here is a simple sports betting guide that you could find useful.

Straight bets or side bets will be the most common type of betting wherein you place your bet on a team that you think will win the sporting event. However, it is a proven fact that you will find teams in certain games that will be mostly favored by the public, or the favorites to win and those underdogs. In the case, a point-spread is involved. You will often find the favorites indicated by a minus sign while underdogs are indicated by a plus sign prior to the quantity of the spread. Often, additionally there are no spreads involved if it is determined that there is even money.

In some other forms of betting, point spread isn't used but you have to pay more for a favorite than putting your bet upon an underdog. That means, you may pay $150 to win $100 if you bet on a favorite and you will win, say, $180 with a $100 bet on an underdog.

Apart from betting on who will win the game, you can also bet on the total score of the team after the game. This will likely be completed by betting on the combined total score of both teams compared with the score set by the odds maker. You can either bet below or over the set score and win if you get it right.

You can also bet on parlays or possibly a combination of bet types or a bet on two or even more teams. In a parlay bet, you can actually combine a totals bet with a money line and many other combinations of bets but it's important to have a hit on all of your picks to make a win. The parlay is actually a high risk bet as an individual miss will make your whole parlay a loss also. On the other hand, this is going to also make you good money if you hit all your picks.

With a great sports betting guide at hand, you can actually make good decisions on where to put your money. Winning in sports bets just isn't just about luck but also about knowing where to place your money given the different rules and prospects of winning in the different kinds of bets. A good understanding on the different types of bets can indeed be of big help in making good money in betting within different sports.