According to your
screenshot, You bet on NY with -22.5 handicap while the result of the game is 101-83 which your bet is lose since NY didnt cover the -22.5 points difference. Your bet is a handicap pick and not a Match winner. You should be familiar on bet picks before you start wagering money on gambling.
you are absolutely right. It's essential for individuals to fully understand the different types of bet picks, including handicap bets, before placing wagers on gambling sites. Handicap bets, also known as point spread bets, can be quite different from regular match winner bets, and they require a good understanding of how they work and the potential outcomes.
In a handicap bet, the sportsbook sets a points advantage or disadvantage for one of the teams to level the playing field. If you bet on the team with a negative handicap (-22.5 in this case), they need to win by a margin greater than the handicap for your bet to be successful. In the situation you described, NY did not cover the -22.5 points difference, resulting in your bet being a loss.