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You then profit in case the stock moves up. And you profit should the stock moves down. And can usually bank your profits in an issue of days, as you'll be trading on volatility here, which means large moves in the timeframe.
There are 20 different methods of wagering: Straight bets, money lines, Spread, Runline, Puckline, Game Totals, Team Totals, Buying Points/Moving the Line, Parlays, Teasers, Round Robins, If Bets. Action Points/Bets, Action Reverse, Action Reverse Bird Cage, Futur Wagering, and so forth.
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