Sports bets are wagers that people place on sporting events to make money. This can include betting on college basketball, football, baseball, hockey, and even golf.

Most wagers are made using moneyline or take the price wagers. These are based on the point spread and a bettor’s favorite team or player. If the bet wins, the bettor will win the same amount of money they risked. This type of bet is one of the most popular bets in the United States.

Other common types of bets are parlay and accumulator bets. These are similar to the above bets but include a specific number of bets. A parlay is a collection of parlay bets, usually of several different teams, that must be won in order for the bettor to win.

These bets can also include totals, which are bets on the total points scored or lost. A totals bet can include a team’s total rushing yards in football or a pitcher’s strikeouts in baseball.

Aside from traditional bets, sports bettors can also choose to make an exotic bet. An exotic bet is not a point spread. An example of this is a Grand Salami wager, which is a bet on how many goals a day a team will score.

Another example is the Martingale System. This is a common gambling tactic that involves increasing the stake of a bet each time the bettor loses. This can be used in a variety of forms of gambling, from betting on sports to doubling up on poker.