Point Spread:
The point spread is the number of points that the favored
team is expected to win by. For example, say the New York Knicks are favored to
beat the LA Clippers by a point spread of 7. That means that if you pick the
Knicks to win, they have to win by more than 7 points for you to win your bet.
If they win by fewer than 7 points or lose the game, you lose your bet. If they
win by exactly 7 points (the point spread), the result is a push or tie. That
means that you don't win or lose, your original bet is refunded.
Money Lines:
The difference between a pointspread bet and a
moneyline bet is that there are no points involved. Instead, money odds are
wagered on the favorite or underdog. There is a different moneyline total for
either side on a money line bet, a negative side (the favorite) and a positive
side (the underdog): Dallas -170 Washington +150 What this means is that Dallas
is the favorite and for every $17 you bet on Dallas, you win $10 if they win.
For every $10 you bet on Washington, the underdog, you win $15 if they win. By
offering different odds for each team the sportsbook is able to balance action
on both teams.
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Straight Bets:
A straight bet is the most common bet, where you
pick a single side to win. A wager on one event whose outcome for wagering
purposes shall be determined by a point spread or money odds. All straight and
Total bets are 11/10 unless otherwise noted at the time of the wager.
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Totals
(over/under):
A total wager is a bet on the number of points
scored in the game by both teams combined. You can bet on whether the actual
number of total points scored is over or under the line posted. The total
points scored includes points scored in overtime. You can also bet whether the
combined number of points or goals scored by the two teams in the game will be
over or under the total set by the oddsmaker. For example, if the total is 32
and you believe that the combined points scored by the two teams will exceed
that number, you would bet over 32.
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Parlays:
A parlay bet is a single wager involving multiple
propositions. Two or more straight wagers can be tied together to form one
wager. The bettor must chose the winner of each proposition in order to win
the parlay. Payout odds increase as the number of included propositions
increases. All teams must win by the listed point spread.
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Teasers:
(Football and Basketball and Sides and Totals
Only)
A teaser, like a parlay, involves multiple propositions. When betting a teaser
additional points are either added to the underdog or subtracted from the
favorite. Odds are changed in accordance to the number of points the spread is
moved and the number of teams combined to form the teaser.
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If Bets:
If the first game wins, ties cancels or is suspended, etc., you have
action on the remaining team or teams. An IF bet is a combination of 2 - 6
teams.
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Reverse
Bets:
A reverse is a series of IF bets going both forward and in "reverse"
order.
Each team included in the Reverse will pair with another team to form two IF
bets, one with that team first and another with that team as the second team
in the IF.
Each bet in the reverse is an individual straight wager for the full amount of
the reverse. Note: Each bet is for the same
amount.
WIN REVERSE
IF win only (single action) .
ACTION REVERSE
IF win/tie/cancel (double action) condition.
Why use this bet
A reverse offers the advantage of a large payout without the risk of
losing the bet if one team loses. For example, if you place a 3-team reverse
for $110 your total risk will be $660. If all 3 teams win you win $1200 and if
only 2 teams win you still win $160. This last example is under the assumption
that all money lines were -110.
Reverse Rules:
- The Rules of IF bets apply
- The bet amount chosen for the Reverse is the same amount for each IF bet in
the reverse (you risk the same amount for each IF bet created in the
Reverse)
- The maximum win is determined by adding up the individual win amounts of
each bet included in the reverse
- Number of selections allowed 3.
- You may buy points on each selection in the reverse up to a maximum of 2
points
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Props:
A proposition bet is a bet offered with
conditions and odds determined by an oddsmaker. These bets are usually
exotic bets like which quarterback will complete the most touchdown
passes, which team will score the last points in a game, or which will
complete the longest field goal. Odds change daily and all wagers are
considered action at the odds quoted at the time of the wager.
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Futures:
Futures are a single wager
on the outcome of an event that will be determined sometime in the
future. For example, picking the winner of the NFL championship, the
Stanley Cup, or the World Series.
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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.
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Round
Robins:
Three (3) or more teams selected to make up a series of
parlays. A Round Robin is a series of parlay-type wagers built from all
possible groups of the specified round robin group size. The selections
can be any combination of sides, over/unders, money lines, run lines, or
puck lines.
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Winners and Losers are Official After...
Football
(College-Pro)................ |
55 minutes of Play |
Basketball (Pro).........................
|
43 minutes of Play |
Basketball (College)...................
|
35 minutes of Play |
Hockey (Pro)..............................
|
55 minutes of Play |
Golf
........................................... |
54 holes of Play |
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