In the world of sport’s betting there are many different types of bets to be aware of. Though the legality of the hobby is still in question within many states, Delaware is one where it is allowed. If you’re in the state and looking for some alternative bets, here is a brief summary of the types available through a bookmaker.

• Proposition bets. These types of bets are made to predict a specific outcome for a game. It could mean guessing the exact number of goals a football team will net or a range of yards they will cover. For a baseball team, it could be between two players and the proposition bet could be on which one makes more hits.
• Teasers. Teasers is an alternative bet that allows the bettor to combine two or more games for their wager.  He or she can adjust the point spread for the various games. The downside is that there’s a lower return on bets if the player wins. It’s not a particularly lucrative bet and most people use it just “for fun”, rather than for money.
• Parlays. A parlay is also multiple bets, but it has a big payout to go along with it. For example, someone may bet on four different games, taking on a “four-team parlay.”  In this bet, if any of the teams lose, he loses the bet. If all four win, then he wins a substantial amount of money. The payouts on these bets are notably higher than other types, or even betting singularly on each game one at a time.
• Head-to-Head. The head-to-head bet means that the bettor predicts a competitor’s results against another one, rather than the actual outcome of a game. For example, a head-to-head bet may be made on one baseball player versus another with the number of bases covered as the focus.

If you’re looking to get into sport’s betting, make sure you check the rules and regulations currently being enforced in your jurisdiction. There are many changes going on in the world of gambling and to make sure you don’t break the law, be sure to ask before wagering.