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Betting Types
Sportsbook: Betting Types
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What is a Straight Wager?
The team wagered on must win by the point spread
given at the time of the wager. For straight wagers,
unless otherwise indicated, the odds are $1.10 to
win $1.00. Games that tie are considered "no
action" and money is re-deposited back
into your account. Due to changing events, the point
spread may fluctuate at any time so refreshing your
screen will update current odds.
Example:
Player wagers $110.00 on Miami -7 to beat Buffalo
+7
If Miami wins by more than 7 points the player wins
$100.00 so the total payout including the initial
wager would be $210.00. If Miami only wins by 7
points then the game is considered "no
action" and all money is returned to the
bettor. If Miami wins by less than 7 points the
wagers is lost.
What is a Money Line?
The team wagered on just has to win the game. The
amount you lay or take for each game may vary. The
money line that is read at the time of your wager
is the money line you keep regardless of any line
movement.
Example:
The player wagers on Miami -160 at Buffalo +140.
If Miami wins, the player would wager $160.00 to
win $100.00. If the player wagered on Buffalo, the
player would wager $100.00 to win $140.00.
What is a Total?
The combined score of both teams for games wagered
on, all totals lay $1.10 to win $1.00 unless it
is otherwise indicated.
Example:
The player wagers $220.00 on the 'OVER' in the Miami
/ Buffalo game. The total for the game is 45.
If both teams' combined score is more than 45, the
player wins $200.00. If the combined score is equal
to 45, the game is considered 'No
Action' and the money is re-deposited to the
player's account. If the combined score is less
than 45, the wager is lost.
What is a Parlay?
This is a bet of 2 or more teams (selections) in
no particular order. All teams wagered on in a parlay
must win. If there is a tie or 'No Action' among
the selections made, the parlay reverts down to
the next lowest number for payoff. In the case of
a 2-team parlay, it will revert down to a straight
wager.
Example:
The player wants to make a 5 team parlay: Miami
-7, New York +3, Seattle -4, Denver -10, San Francisco
-8.
If all these games win, the player wins at 20-1
odds. If 4 of the games win and 1 of the games is
considered 'No
Action', the player wins at 10-1 odds. If 1
of the games loses, the entire parlay loses.
Parlay Payouts
No.
of
Teams |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
| Payout |
13/5 |
6/1 |
13/1 |
25/1 |
40/1 |
75/1 |
150/1 |
300/1 |
700/1 |
What is a Teaser?
A Teaser is a selection of two or more teams in
one wager in which the point spread is adjusted
in your favor. All team in a teaser must win. The
number of teams selected and the number of points
selected determine the payout odds. A 'Tie' or 'No
Action' and a 'Win' on a two team teaser shall constitute
a 'No Action' wager. A 'Tie' or 'No
Action' and a 'Loss' on a two team teaser shall
constitute a 'Losing' wager. Ties on a three or
more team teaser shall revert to the next lowest
betting bracket (Example: A tie on a three team
becomes a two team teaser).
Teaser
Payouts / Odds for Football
No.
of
Teams |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
| 6 point |
10/11 |
16/10 |
25/10 |
40/10 |
60/10 |
90/10 |
140/10 |
| 6.5 points |
10/12 |
14/10 |
20/10 |
35/10 |
50/10 |
80/10 |
120/10 |
| 7 points |
10/13 |
12/10 |
18/10 |
30/10 |
40/10 |
70/10 |
100/10 |
| 3
Team Sweet Heart |
4
Team Big |
All
ties lose in Sweet |
| Teaser
(10 points sides, 6 points totals) - 10/130 |
Teaser
(12 point sides) - 10/14 |
Heart
& Big Teasers |
Teaser Payoff / Odds for Basketball
No.
of
Teams |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
| 4 point |
10/11 |
16/10 |
25/10 |
40/10 |
60/10 |
90/10 |
140/10 |
| 4.5 points |
10/12 |
14/10 |
20/10 |
35/10 |
50/10 |
80/10 |
120/10 |
| 5 points |
10/13 |
12/10 |
18/10 |
30/10 |
40/10 |
70/10 |
100/10 |
| 3
Team Sweet Heart Teaser (7 points sides, 4
points totals) - 10/130 |
4
Team Big Teaser (8 points sides) - 10/14 |
All
ties lose in Sweet Heart & Big Teasers. |
What is an 'IF Wager' and
an Action Reverse?
'IF' Wagers Described
'IF' wagers allow the player 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.
An Action-Reverse wager is a pair of IF Action
wagers. The pairs are made by taking the original
IF Action wager and placing another IF Action
wager in reverse order.
Following is a breakdown of a 2 play Action-Reverse
wager.
| Part
A |
Part
B |
| Cowboys -5
$110 to win $100 |
Dolphins -14
$110 to win $100 |
| IF (win, tie
or cancel) |
IF (win, tie,
or cancel) |
| Dolphins -14
$110 to win $100 |
Cowboys -5
$110 to win $100 |
| If both teams
win |
+400 |
| One win, one
loss |
-120 |
| Both teams
lose |
-220 |
| Push |
+200 |
What is a Future and Proposition?
Future wagers are based on the outcome of events
that happen each year. All wagers are final. There
will be no payouts until the conclusion of the specified
season.
Proposition wagers are based on the outcome of
events that happen each year. Odds change daily
and all wagers are considered action at the odds
quoted at the time of the wager.
What are Half-Time Wagers?
The wager is placed on the odds posted for the second
half of a game only. All wagers must go the full
half for action (first half and second half). All
halftime wagers are calculated the same as a straight
wager unless otherwise indicated. There are no teaser
plays or buying of points on half-times. On half-time
wagers, overtime periods are included as part of
the 2nd half.
What are European Odds?
European odds are different from the North American
style of odds. In North America, money lines are
used to determine the line. In North America, a
team that is +140 would be a 40 point underdog.
This means that for every $100 wagered, the player
would win $140. For this to be true in a European
style of betting, the odds would be 2.40-- meaning
that for $100 wagered, the player would win $140.
The 2.40 represents the entire amount wagered and
won by the player.
What is Buy Points Online?
You can move the pointspread on football and basketball
games so that you give away less points with the
favorite or get more points with the underdog.
To do this, you pay an extra 10 cents on the dollar
for each 1/2 point you buy in your favor. You may
buy up to 3 points!
How to Buy Points Online
- Make your selections
- Submit the wager amount, then choosing from
a drop down box that appears, select how many
points you would like to buy.
- After you make your selection, click 'Update
all' before confirming your wager.
*Please note that this option
is made available for Straight wagers.
** For the NFL and College football, there is
a premium for buying on/off of the 3 or 7 (for
example, from +2.5 to +3 or -3 to -3.5)
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Free Pick of the week
What
is a Straight Wager?
