There are several types of odds when betting on sports. The first is the spread, which is the line of points that the game will finish with. The next is the moneyline, and the last is the over/under, which refers to how many points a team will score. All these basic bets are found in one place. The favorite team gets points deducted from the final score, while the underdog gets points added. A team that beats the spread wins. The underdog wins two out of three times.