What Is a Straight Bet?
3 min read
A straight bet is one wager on one result.
Read LessonLearn the Basics
Sports betting can seem confusing when you are just getting started. The Parlay Assistant Playbook explains common bets, sportsbook promotions, bankroll management, odds, and betting tools using simple words and easy examples. Learn what each term means before deciding whether a bet is right for you.
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Betting Basics
Core wager types every bettor should know.
3 min read
A straight bet is one wager on one result.
Read Lesson4 min read
A parlay combines two or more selections into one wager.
Read Lesson4 min read
A round robin divides several selections into a group of smaller parlays.
Read Lesson3 min read
A futures bet is a wager on something that will be decided later.
Read Lesson3 min read
Pregame bets are placed before an event begins, while live bets are placed after it has started.
Read LessonManaging Your Money
Simple rules for protecting a bankroll.
4 min read
Bankroll management means deciding how much money you can afford to use and protecting it with clear limits.
Read Lesson3 min read
A unit is a standard amount you use to measure your wagers.
Read Lesson4 min read
Hedging means placing another wager that can reduce your risk from an earlier wager.
Read Lesson3 min read
A cash-out offer lets you settle an open wager before the event is finished.
Read LessonSportsbook Promotions
How common offers actually work.
3 min read
A profit boost increases the profit portion of an eligible winning bet.
Read Lesson3 min read
These promotions may return something after an eligible losing wager, but the return is often not withdrawable cash.
Read Lesson3 min read
A deposit match is a promotion that may add bonus value after you deposit qualifying money.
Read Lesson3 min read
A bonus bet is promotional wagering credit, not usually withdrawable cash.
Read Lesson3 min read
Bet protection is a promotion that may provide a refund or credit when a specific covered event occurs.
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