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.
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.
This bet applies to Football, Basketball,
Ice Hockey and Baseball. A parlay bet happens
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,
there 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.
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
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 ClevelandA "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 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.
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.
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.
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 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 1ž2 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 1ž2
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.
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.
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.
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 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 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
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.
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.
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