Types of Sports Bets in Rhode Island
Every wager you place at Bally’s Twin River, Bally’s Tiverton, or through the Sportsbook RI mobile app falls into one of eight categories. Here is how each works, when to use it, and what to watch out for.
Moneyline
Pick the winner. The simplest bet in sports. Odds reflect favorite vs underdog.
Most popularPoint Spread
Bet against a handicap. The favorite must win by X; the underdog can lose by less than X.
BeginnerTotals (Over/Under)
Bet whether the combined score lands over or under a set number.
High riskParlay
Combine 2+ bets into one ticket. All legs must win. Big payouts, low hit rate.
High riskSame-Game Parlay
A parlay built from a single game. Correlations priced in.
Skill marketPlayer & Team Props
Bets on individual performances or specific in-game outcomes — points, yards, anytime TDs.
Long-termFutures
Long-term bets — Super Bowl winner, MVP, division titles. Months of exposure.
Real-timeLive (In-Game) Betting
Bet during the game with constantly updating lines.