What are the different types of bets available in online sports betting?

1. Moneyline: This is a simple bet on which team or player will win the game or match.
2. Spread Betting: Here, the sportsbook sets a point spread, and you can bet on a team to win by a certain margin or keep the game close.
3. Over/Under: This bet involves predicting whether the total combined score of both teams will be over or under a specified number.
4. Parlays: A parlay is a combination of multiple bets, where you must win all selections to receive a payout.
5. Prop Bets: These are fun wagers on specific events within a game, such as which player will score first or how many goals will be scored.