Pointspread
The pointspread - also called "the line"
- is used as a margin to handicap the favorite team.
The oddsmaker - also called the handicapper - "gives"
points (or goals) to the underdog for betting purposes
only. The bettor must take either the favorite or
the underdog.
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.
Over/Under
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 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.
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 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
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 1�2 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 1�2 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.
Gambling Resources (Click
The Link Below)
QGambling
Guide - Introduction to Betting on
Sports & Online Casinos/Poker
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