Types of Sports Bets Straight Bets A straight bet is one of the most common types of sports bets where you simply bet that a team will beat the point spread given at the time of the wager. For most sportsbooks, this bet will pay you $100 for every $110 wagered. If the game ends in a tie then the game is considered «no action» and the original wager is re-deposited back into your account. Example: A bettor wagers «$110 on Boston -8 to beat Chicago +8». If Boston wins by more than 8 points the player wins $100.