Sports betting is a fun and lucrative way to bet on your favorite team or players. However, there are a few things you should know before you get started.

First, you should learn about the different types of bets available at online sportsbooks. These include moneyline, handicap (also known as point spread), and totals.

Handicapping a game is another key aspect of sports betting, as it gives you a chance to win more money by making better decisions. For example, if you know a team is strong and can win by a certain number of points, you may want to consider placing a spread bet instead of a moneyline bet.

Over/Under bets are also a great way to increase your chances of winning. These bets offer a wide range of possible odds, so you can choose the one that suits your budget and preferences.

Other popular wagers include proposition bets and futures. Props involve outcomes that don’t involve the actual game winner or final score, such as who will score first in a particular match or who will win the Stanley Cup.

When it comes to making bets, you should keep your emotions out of the mix as much as possible. This will prevent you from making bad choices, such as chasing losses or becoming vindictive towards your favorite teams and players. In addition, it will help you to make smarter bets and manage your bankroll effectively. Ideally, you should risk no more than 1% to 5% of your bankroll per play.