Bets

Indicated by a plus sign, these show how much profit you make on a $100 bet [8]. For example, +120 odds mean a $100 wager returns $120 in profit [8].

While the high payouts are tempting, each extra "leg" increases the house's advantage [15, 30]. Keep parlays to four legs or fewer [7].

Indicated by a minus sign, these show how much you need to bet to win $100 [8]. For example, -120 odds mean you must wager $120 to make $100 in profit [8]. Indicated by a plus sign, these show how

A "handicap" used to even the playing field [11, 16]. If a team is -5, they must win by at least 6 points for your bet to pay out [16]. 2. Common Bet Types

Once you withdraw your first $500 you are much freer when betting, as in unattached emotionally financially mentally. This allows you to make objective choices. [22] Keep parlays to four legs or fewer [7]

Experienced bettors often share that emotional detachment is a key to long-term success.

Combining multiple bets into one for a higher payout [21]. Note that if even one part (leg) loses, the entire bet is lost [15]. A "handicap" used to even the playing field [11, 16]

Only risk 2-5% of your total bankroll on a single wager [6, 26]. If you have $500, your individual bets should generally be between $10 and $25 [6].