You may be familiar with player prop parlays, in which you bet on four teams to cover a specific point spread and win. This wager is typically worth two to three times your stake. Another type of prop parlay involves player stats combined with a specific game outcome. The odds for this bet can vary greatly, so it is important to make wise bets. In addition, player prop parlays offer additional opportunities to win big.
NFL games have a variety of proposition markets. Most sportsbooks offer multiple options, and the moneyline is an indicator of the implied probability for each team to win. Favorites have a minus moneyline, which means the wager will exceed the payout, while underdogs have plus odds. In both cases, the winning team must win the game. In addition to the moneyline, you can also place a wager on the total score of the game. This bet offers the chance to hedge and win without risking your money.
There are also legalized sports betting options across the United States, but there is still a long way to go before it reaches the majority of states. If you are planning to gamble in your home state, you can follow the progress of these efforts by signing up with the Action Network. This website tracks all bills affecting sports betting legislation in each state and provides regular updates to users. Make sure to check back regularly to see if sports betting becomes legal.