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Betpro For Ios-What Is A Straight Bet On Fanduel

On FanDuel, a “straight bet” typically refers to a simple, single bet on the outcome of a game or event. This is the most common type of bet offered by sportsbooks, including FanDuel, and it is also known as a “moneyline” bet in many sports.

Here’s how a straight bet works on FanDuel:

1. **Selection**: You choose the team or outcome you think will win the game or event.

2. **Odds**: Each selection has associated odds, which indicate how much you could win relative to your bet. The odds can be expressed in different formats, such as decimal, fractional, or American.

3. **Stake**: You decide how much money you want to bet on your selection.

4. **Payout**: If your bet is successful, your payout will be your stake multiplied by the odds of your selection.

For example, if you place a straight bet on a football game and you choose the favorite with odds of -150, and you bet $100, you would need to win the bet to receive $100 back plus $66.67 in profit (your $100 stake plus $66.67, which is your stake divided by the odds in decimal form, 1.67).

What Is A Straight Bet On Fanduel

It’s important to note that the term “straight bet” can sometimes be used differently depending on the context or the region. In some cases, it might also refer to a single bet on a futures market or a prop bet, but in the most common usage, especially on platforms like FanDuel, it refers to a straightforward moneyline bet on the outcome of a single game or event.