A Guide to Special Types of Sports Bets: Parlays, Propositions, Futures & More

Are you looking to take your sports betting skills to the next level? BangBet, one of the leading online sportsbooks in Nigeria, offers a wide range of special types of bets that can help you maximize your winnings. From parlays and propositions to futures and more, BangBet has something for everyone. With their easy-to-use BangBet login system, getting started is simple – so let’s dive into the world of special types of sports bets!

Parlays

Parlays are among the most popular types of sports bets. A parlay bet is when you combine several multiple bets together, in which each bet must win for the overall parlay to yield a payout. Parlay bets can have anywhere from two to twelve or more individual bets, and they often feature higher potential payouts than single-bet wagers.

When it comes to making parlays, there are a few different options available depending on what type of bettor you are. For example, some sportsbooks allow you to make “open” parlays that are not connected with other bets, while others require all the selections in your parlay to be related (i.e., all teams must come from the same league). Some sportsbooks also offer “teasers” which allow bettors to adjust the point spread of their selections in exchange for reduced potential payouts.

Overall, parlays can be a great way for experienced bettors to increase their bankrolls quickly if luck is on their side. However, due to the increased difficulty associated with winning these types of wagers, it is important for punters to understand the risks before placing any money on them.

Propositions

Proposition bets are also known as “prop” or “special” bets. These types of sports bets involve betting on individual players or team performances rather than the outcome of an entire game. Prop bets can involve anything from predicting who will score first in a game or how many points or yards a particular player will accumulate during the course of play.

Futures

Futures bets are perhaps the most popular type of wager amongst experienced sports bettors. A futures bet is a long-term wager on an event or outcome that will not be decided until some point in the future, such as who will win the Super Bowl or who will be crowned world champion in a particular sport.

Futures bets offer a unique opportunity to capitalize on events that may have high payouts, but many times they can also be prone to large losses. With future bets, it is important to remember that the outcomes you are betting on could still change drastically in between now and when the event actually occurs. Additionally, when betting on futures you also need to factor in how much juice (i.e., commission) you are paying for each wager, as this can significantly impact your overall returns if you lose.

Finally, when making future wagers it is important to take into account any potential injuries or suspensions that may occur between now and whenever the game or event is set to happen. This can have significant effects on both your potential payouts and losses, so make sure you do your due diligence before placing any money down.

Teasers

A teaser is similar to a parlay but it offers slightly better odds because it allows bettors to adjust point spreads in their favor while still placing multiple wagers on one ticket. This type of sports bet involves combining two or more picks into one ticket and adjusting point spreads by predetermined amounts (usually 6-7 points) so that all picks must become winners for the bettor to collect his/her payout. As an example, let’s say you wanted to combine three NFL games into one teaser: Chicago Bears (-4), Detroit Lions (+7) and Green Bay Packers (-2). By adding 7 points (the usual amount for teasers) to each team’s spread, these teams would now have lines set at Chicago Bears (+3), Detroit Lions (+14) and Green Bay Packers (+5). All three teams must cover their adjusted lines for your teaser pick to become a winner; otherwise, your wager is lost regardless of whether any single game was successful or not.

Overall, there are various special types of sports bets available that provide exciting ways for seasoned bettors and newcomers alike to add more fun and excitement when placing their wagers on favorite sporting events. Parlays allow punters to combine multiple selections onto one ticket while receiving better payouts if all spots hit; props allow them to target individual players’ performance instead of the outcome of an event; futures give longer-term outcomes with better potential payouts; and teasers permit adjustments in spreads in favor of better chances for success when betting multiple spots together onto one ticket.

Amelia