The
favorite is always indicated by a minus sign (e.g. -5.5) and the
underdog by a plus sign (e.g.+5.5). For betting purposes, the outcome of
the game is determined by taking the actual game score and finding the
difference between the scores of the two teams playing (called the
pointspread or just the "spread").
If
the "line" is put in at a half point (e.g. -5.5 for the
favorite Orlando) by the oddsmaker then there can be no
"push." In this case, there is "action" at any final
game score pointspread. In a pointspread, you must wager $110 to win
$100 ($210 is returned to the winner). 10/11 is the standard for
pointspread bets on most sports.
Straight Bet
A straight bet is a
bet on the outcome of a single event or game that, for betting purposes
only, is determined by a Pointspread, a Moneyline or a Game Total.
The
team or event wagered on must win by the posted odds. A single bet may
be a play on the side to win, the total, or even a proposition or future
bet. All single bets must lay 110 to win 100 unless otherwise noted at
the time of the wager. Games that end in a tie are no action or push,
and the money is refunded. The odds may fluctuate at anytime as they
move with the monies wagered. But the money you bet on a team or event
at a specified pointspread or game total is the total you receive for
your bet.
For
example:
If the money line is -135 then you would wager $135 to win your $100
bet. If the money line is a positive number then you will wager $100 to
win the money line. Likewise, if the money line is +125 then you would
wager $100 to win $125.
The Over/Under,
sometimes called the "Total", quite simply is the combined
scores of both teams competing in the game being wagered on. You can
bet whether the game will go over or under this figure. A bet on a
matchup between two teams may be set by a money line instead of a
pointspread. If a matchup is determined by a money line, like American
baseball, then it will cost the customer more to wager on the
favorite.
Example:
The Atlanta Braves may be favored over the Chicago Cubs by 150. In this
example, the customer must lay $150 in order to win $100 if Atlanta wins
the game, no pointspreads are involved. If Atlanta loses, the customer
loses $150. However, the customer could bet on Chicago, in which case
the customer would lay $100 in order to win $140 (10 cent line). If
Chicago loses, the customer only loses $100, because Chicago is the
underdog.
Parlay or Combo
This bet applies to Football,
Basketball, Ice Hockey and Baseball. A parlay bet is when you bet on two
or more teams in the same wager in any order. All teams bet on must win
in order for you to win.
Also, their is no
"juice" or commision on this style of bet.
Your
wager may combine different sports along with different styles of bets
(i.e. over/under, pointspread, etc.) In the parlay style bet your
original winnings are invested back into the next game. If one of your
games is cancelled or ties the parlay drops to the next lowest number.
How to calculate a parlay ?
click here
Teasers
This bet applies to
Football, Basketball, Ice Hockey and Baseball. A teaser is a selection
of two or more teams in one wager in which either the pointspread and/or
total is adjusted in the bettor's favor. Each sport has its own range of
points for teaser selections. An adjustment to the favorite team will
decrease the disadvantage. An adjustment to the underdog will increase
the advantage. The adjustment makes pointspreads less for the favorite
and more for the underdog, depending on the selections you make. If you
select a total, the adjustment makes totals higher-to-go-under or
lower-to-go-over.
Examples:
Denver Broncos (-3)
teased by 6 points: Denver is +3 with the Tease.
Buffalo Bills (+9)
teased by 5.5 points: Buffalo is +14.5 with the Tease.
Seattle Seahawks and
NY Giants (31 pts.) teased by 5 points: 26 pts. for the over Total
Pleasers
A pleaser is a group of NFL side straight bets combined into one bet.
The difference between a pleaser and a teaser is that with a pleaser
the line you bet against for each individual wager is moved against
your favor by 6 points. Pleasers are currently only available on NFL
regular season side plays. Pleasers will not be taken on NFL totals,
NFL preseason, or NCAA football at the current time. If the regular
line is –10 and you play a pleaser then your line would be –16.
Other
Examples:
Odds:Dallas is (-3) over Washington
Pittsburgh is (-8) over Cleveland
A
"Two Team Pleaser" on Dallas and Pittsburgh would be:
Dallas (-9) Pittsburgh (-14)
A "Two Team Pleaser" on Washington and Cleveland would be:
Washington (-3) Cleveland (+2)
Open Wagers
Open wagers allow the customer to play teasers or parlays making one
selection at different times or even different days.
Example:
3 Team Parlay
$100 to win $600
Cowboys -8
Dolphins -14
OPEN*
*
This spot can be left open for seven days. No open slots on the
Internet.
Runline
This bet
applies to Baseball. This is a bet to predict which team will score the
highest number of runs. This bet is handicapped, with the underdog
always given +1.5 points advantage. If the final score, taking into
account the handicap, is a tie (known as a Push), the bet is considered
void, and your stake is refunded.
Multiplier
A multiplier is offered mostly for soccer matches, and is a
European-based line. Like a moneyline, a multiplier is based on true
odds rather than fixed odds. The favorite and underdog are given odds to
win a match. You will achieve higher winnings from your original wager
as the amount to be won equals the original bet multiplied by the
product of the odds.
Example:
A $100 bet on Arsenal (1.65) to win would result in a Payout of $165 if
Arsenal did win the contest. Sample Bet: $100 x 1.65 = $165 For a Combo
(Parlay) bet, Payouts would be as such: a $100 bet on Newcastle (2.90)
to win, Manchester United (1.83) to win, and Chelsea/Liverpool (3.25) to
draw would result in a payout of $1,724.78. Sample Bet: $100 x 2.90 x
1.83 x 3.25 = $1,724.78.
Moneyline
A moneyline is
offered when no handicap is given, such as a pointspread or runline, and
the odds are not therefore fixed. Payouts are then based on true odds
rather than fixed odds. The favorite and underdog are given odds to win
a game or fight. The minus sign (e.g.-130) always indicates the favorite
and the amount you must bet to win $100. The plus sign (e.g.+120) always
indicates the underdog and the amount you win for every $100 bet.
Therefore based on the above moneyline, you bet $130 to win $100 on the
favorite. For the underdog, you win $120 for every $100 bet.
Buy Points
Buy Points means
that you can move the pointspread so that you give away less points with
the favorite or get more points with the underdog, for both football and
basketball. To do this you must pay more "juice" for every ½
point you buy in your favor. Most sportsbooks charge 10% for every 1/2
point you buy. For the NFL and NCAA football, you will pay an additional
amount of "juice" to buy on or off of 3 or 7 points - also
know as Key Points. And if you buy through either 3 or 7 points, you
will pay an additional amount of "juice." Most sportsbooks
charge another 10% for key points. There are NO Key Points for
basketball.
Example:
New York Jets (+4.5) are 4.5 point underdogs. To move the line to 5
points, you would buy ½ point and lay $120 to win $100 (at 4.5 points
you would have layed $110 to win $100). An example of how to buy off of
3 points: the Kansas City Chiefs (-3) are 3 point favorites. To buy 1/2
point and make them a 2.5 point favorite, you would need to lay $125 to
win $100. And example of how to buy through 7 points: the Seattle
Seahawks (-7.5) are 7.5 point favorites. To buy 1 point through 7 points
and make them a 6.5 point favorite, you would need to lay $140 to win
$100.
Puckline
Sometimes
sportsbooks use a combination of handicap/spread and odds for the NHL.
This is called the Puckline.
Example
line:
Boston + 1 (-110) Detroit - 1.5 (-110) The favorites are the Detroit Red
Wings, who are giving the Boston Bruins 1.5 goals. To win the bet,
Detroit would have to win the game by 2 goals.
When
placing this bet you are getting even money, which means that for every
$110 you wager, you will win $100. If you are betting on Boston, you
will receive a 1.0 goal handicap, meaning that if Detroit wins by 1 goal
the game is a push. If the game ends in a tie or Boston wins, then you
win the bet. The odds again are at -110.
Proposition Bet
A "prop bet" is a bet the sportsbook offers at odds and
conditions of its choosing. Prop bets can be exotic bets like which team
will score the most touchdowns, which team will shoot the most three
pointers, which running back will rush for the most yards, etc. Most
prop bets are offered at 11-10 odds, but some of the exotics will be
offered at better or worse odds, depending on the bet.
Futures
This bet applies to Football, Basketball, Baseball and Ice Hockey.
Futures are a single wager on the outcome of an event that will be
determined sometime in the future.
For
Example:
It might be a bet made at the start of the season on Dallas Cowboys to
win the Super Bowl. Futures odds change continuously throughout the
season - YOU GET THE ODDS IN EFFECT AT THE TIME YOU BET. Futures bets
often attract (high) odds to the bettor. An If Win wager is an excellent
choice for money management. You wager a fixed amount on one team if
that team wins or the game is tied, then another fixed amount -up to the
original amount- shall be placed on a different team. Your first wager
must win in order for you to have action on the remaining wagers. If the
first wager loses, there is No Action thereafter. You cannot have
duplicate teams in the same If Win wager.
If Wagers
If wagers allow the customer to make a second wager pending a win on
the first selection. If wagers must be made on one call, and the second
part of the if wager cannot exceed the amount of the first selection.
Example:
Dallas Cowboys -5 $110 to win $100 IF (if win, tie, or cancel) Carolina
Panthers +4 $110 to win $100 If the Cowboys lose, the wager stops there
and is scored a loser -$110; if the Cowboys win +$100 the wager
continues to the Panthers wager; if the Panthers win, the wager is a
$200 winner; if the Panthers lose the wager is a $10 loss.
Reverse Wagers
Reverse wagers are always double action IF bets.
Part
A
Cowboys -5 $110 to win $100
IF ( win, tie or cancel )
Dolphins -14 $110 to win $100
Part
B
Dolphins -14 $110 to win $100
IF ( win, tie, or cancel )
Cowboys -5 $110 to win $100
If
both teams win +400
One win, one loss -120
Both teams lose -220
Push +200
Action Points
An Action Point wager allows a player to place a bet on how many
points his/her selected team will beat the spread by up to a set cap.
You can choose your own cap between 1 and 15 points on Pro-Football
games. You choose how much you wish to bet per action point. When you
place an action point wager, no money is deducted from your account, but
your maximum loss potential is restricted from your account until the
game is final. You win the dollar amount wagered for each point the team
covers by up to the selected cap. You lose 1.1 x (dollar amount wagered)
for each point your team does not cover by up to the selected cap.
Round Robins
Typically for football and basketball the Round Robin option allows
you to select up to 8 teams and produce a series of parlay bets
involving a nominated number of teams in every combination. To select
this option click the 'Round Robin' check box. You will need to also
select the number of teams in each parlay. The drop down menu labeled
'Round Robin teams in each parlay' to the right of the 'Round Robin'
check box provides this ability. You need to select one of the
following:
3
teams every 2 ways = 3 bets
4 teams every 2 ways = 6 bets
5 teams every 2 ways = 10 bets
6 teams every 2 ways = 15 bets
7 teams every 2 ways = 21 bets
8 teams every 2 ways = 28 bets
4 teams every 3 ways = 4 bets
5 teams every 3 ways = 10 bets
6 teams every 3 ways = 20 bets
7 teams every 3 ways = 35 bets
8 teams every 3 ways = 56 bets
5 teams every 4 ways = 5 bets
6 teams every 4 ways = 15 bets
7 teams every 4 ways = 35 bets
8 teams every 4 ways = 70 bets
6 teams every 5 ways = 6 bets
7 teams every 5 ways = 21 bets
8 teams every 5 ways = 56 bets
7 teams every 6 ways = 7 bets
8 teams every 6 ways = 28 bets
The
selected item will indicate to you the number of teams you need to
select as well as the number of bets that will be generated. The number
of teams you select in the drop down menu must match the number of team
selections you check on the betting page, if this does not match then an
error message will be produced. The total number of bets will be
multiplied by the stake $value you select. This amount will be deducted
from your account when the bets are confirmed. Eg. if you select 6 teams
every 4 ways this will generate 15 four team parlay bets. If the stake
value selected was $10 then 15 x $10 = $150 would be deducted from your
account.