A straight bet is a simple type of wager where a bettor places a single bet on the outcome of a specific event, such as a game or match. This bet can be on a team to win, lose, or cover a point spread. The odds determine how much the bettor can win based on the amount wagered. In sports betting, straight bets are the most common form of betting. They are straightforward and easy to understand, making them popular among both novice and experienced bettors. A successful straight bet results in a payout based on the odds set by the bookmaker, such as Las Vegas sportsbooks.