Betting on sports is a great way to add excitement to your viewing experience. There are many types of sports bets to consider, including moneyline, point spread, and parlays. Prop bets are also available and allow you to stake interest in particular players or outcomes of games. Regardless of your favorite team, you can find something to match your style and budget.

One of the most popular forms of betting is with fantasy leagues and pools. These are informal betting contests that are often organized among friends and coworkers. They vary in size, and they can involve everything from predicting the outcome of a tournament to predicting which players will score touchdowns. Other types of pools, such as lotteries, involve choosing players instead of teams.

Futures betting is another popular type of bet, but it has its own set of benefits and risks. For example, you can bet on an event multiple weeks in advance. In this case, you’re betting on the Rams to win the Super Bowl. Today, they’re 4/1 to win the game.

Prop bets are a unique way to bet on specific events in a game. The easiest of these is the player prop. You can bet on a player’s first touchdown, for example, for 2-to-1 odds. Another way to bet on a sports event is to bet on the coin toss.