Sports Bet Types Explained
Every wager you place on Caesars or DraftKings falls into one of a handful of bet types. Master these eight and you can navigate any sportsbook in Maine.
The Eight Core Bet Types
Moneyline
Pick the straight-up winner. The simplest bet in sports.
Read guide →Point Spread
Bet on the margin of victory, evening the field between favorite and underdog.
Read guide →Totals (Over/Under)
Predict whether combined points will go over or under the posted total.
Read guide →Parlays
Combine multiple bets into one ticket for bigger payouts (all legs must hit).
Read guide →Same Game Parlays
Build a parlay using multiple bets from a single game.
Read guide →Player Props
Bet on individual player performance — yards, points, assists, etc.
Read guide →Futures
Long-term bets on season-long outcomes like championships, MVPs, and division winners.
Read guide →Live Betting
Place wagers in real time as the game unfolds, with constantly updating odds.
Read guide →Which Bet Type Is Best for Beginners?
If you are placing your very first wager in Maine, start with a moneyline bet. There is nothing to memorize beyond "pick the winner," and you'll instantly learn how American odds work. From there, the natural progression is point spreads, then totals, and eventually parlays once you are comfortable.
Maine-Specific Rules to Know
- No player props on Maine college teams. You can bet game outcomes (spread, moneyline, total) on the Maine Black Bears, but not individual player props. See college sports betting.
- No betting on youth, high school, or amateur events.
- Geolocation enforced. All bet types require you to be physically inside Maine state lines.
21+. Must be physically located in Maine. Gambling problem? Call 1-800-GAMBLER or visit our responsible gambling resources.