August may signal the end of summer, but it also means the busiest time for sports is upon us. Pro golf and car racing are entering the playoffs, pro baseball is readying for a crucial end of the season and football and basketball are right around the corner. That makes August a perfect time to check out online sports betting for the first time. If you are new to online sports betting, this is a prime time to learn the most common sports betting terms before the schedule becomes chaotic. Caesars is one of the most trusted names in entertainment and gaming, and a new Caesars Sportsbook promo code can get you into the action right now.
If you are a new registrant who is 21+ and located in an eligible state (AZ, CO, IA, IN, LA, MI, NJ, NY, TN, VA, and WV)*, you can register, deposit, and get a risk-free bet up to $1,500 with the code GAME15C. If your bet doesn’t hit, don’t worry. Caesars will give you a single free bet credit you can use within 14 days. (Terms and conditions apply. See details here. Offer expires 10/1/2022).
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Sports book betting guide, glossary, termsBefore you play, make sure you know the common betting terms you’ll see. There are dozens of ways to bet on sports, and this handy sports betting guide can help you figure out what some of the most popular sports betting terminology means.
Against the spread: There is no better way to prepare for football season than to learn how to place a spread bet. If Los Angeles is a 10.5-point favorite, that side must win by 11 points or more to cover the spread. If Cincinnati is a 10.5-point underdog, that side has to win outright or lose by 10 or fewer to cover.
Money line: Baseball season is in full swing right now, and using a money line bet will get you in on the action. If Los Angeles is a -260 favorite, a $260 bet can return $100 if they win. If San Francisco is a +260 underdog, a $100 bet could return $260.
Over-under: Before a basketball game, sportsbooks will set the Over-Under, which is the total of both teams’ final scores. If the Over-Under for Boston vs. Chicago is 210, you can bet whether the total will fall over or under that number.
Outright: This is the easiest bet you can place, where you choose the winner of an entire sporting event. Car races and golf tournaments dominate the sports calendar this month, so it is the perfect time to place outright bets.
Parlay: Parlay bets are popular because they can produce a big reward, but they can also be very risky. If you bet on five baseball teams to win their games in a single day, all five must win for the bet to be a winner.
Teaser: This method pays lower odds than a parlay, but remains popular because handicappers still find them profitable. Teasers are a variation of point-spread betting in which they allow the bettor to increase the point value of their selected team. For example, let’s say both of your favorite football teams are seven-point favorites and you think they will win their games but you are unsure if they will cover the spread. Using a six-point teaser will drop each team to a one-point favorite, meaning they only need to win by two points for your bet to be good.
Prop bet: Want to bet on something other than the score of a game? A prop bet is a wager on a given outcome within a game or match other than the final score. For example, a prop bet in a pro baseball game can be on whether a big hitter gets a home run, or whether a player on a hot streak gets an RBI. You could even place a prop bet on whether a pitcher logs a certain number of strikeouts in his outing.
Futures: Looking ahead to the next football season? Place a futures bet, which is when you wager on a sporting event or season well in the future. The pro football schedule has been released for next season, so football futures are about to be very popular. Now is the perfect time to check out when rival teams will be in town to take on your favorite football team and place your football futures bet.
Push: A push is a tie from a betting perspective when neither team can cover the spread. For example, if Los Angeles’ pro football team has closed as a three-point favorite against New England and then wins the game 30-27, neither team covers the spread and it is considered a push. When this happens, all bets on the spread are returned.
Handle: The handle is the total amount of money taken in by a sports book for a particular event and it includes every type of wager.
Live betting: You can place a live bet no matter what sport you are following because sportsbooks update certain outcomes while games are taking place. You can wager on anything from whether a batter will hit a home run to how many points the home football team will score in the first half of a big game.
“Off the board”: This means that bets on a particular event or outcome have been suspended or canceled altogether. It’s typically something that happens in due to major injury news or a last-minute roster change.
How to get the latest Caesars Sportsbook promo codeReady to get started? Click here to get your risk-free bet up to $1,500 from Caesars (See details here). Remember to use the code GAME15C.
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*Bet amount of qualifying wager returned only if wager is settled as a loss. Paid as a single bet credit. Maximum bet credit $1,500. Bet credit must be used within 14 days of receipt. Promotion ends on 8/1/22. See Caesars.com/promos for full terms. Void where prohibited. 21 + only. Sports betting available only in AZ, CO, IA, IN, MI, NJ, NV, NY, TN, VA, and WV. Sports betting is void in Georgia, Hawaii, Ohio and Utah and other states where prohibited. Gambling Problem? PA & NJ: Call 1-800-GAMBLER (1-800-426-2537) or visit 800gambler.org. IN: Call 1-800-9WITHIT (1-800-994-8448). IA: Call 1-800-BETSOFF or visit 800gambler.org. WV: Call 1-800-GAMBLER or visit 1800gambler.net. MI: Know When To Stop Before You Start.® Call the Michigan Department of Health and Human Services Gambling Disorder Helpline at 1-800-270-7117. CO: Call or text 1-800-522-4700 or chat available at www.ncpgambling.org/chat. NV: When the Fun Stops call 1-800-522-4700 or visit NevadaCouncil.org. Washington, DC: For programs to prevent, treat, or monitor problem gambling call or text 1-800-522-4700. VA: Call, text, or chat our confidential and toll-free helpline at 1-888-532-3500. TN: Call or text the Tennessee REDLINE at 1-800-889-9789.NY: Call 1-877-8-HOPENY or text HOPENY (467369).
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