Betting for Beginners: 7 Tips to Start Off Right Make the Most of Rewards and Bonuses. ... Playing Favorites Doesn't Pay. ... Remember: Lines Are About Betting, Not Score Predictions. ... Put on the Brakes When You're in a Slump. ... Set a Limit, Stick to It, and Quit While You're Ahead. ... Live Your Passion at BetMGM. At its core, sports betting is putting money behind an outcome of your choice and getting paid if that outcome is achieved. If a bet is on the winner of a game, that is called a moneyline bet. If you're betting that a team will win or lose by a certain amount of points, that is called a spread bet.
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