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
refund
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.
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 10/11 unless otherwise noted
at the time of the wager.
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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BASEBALL
Baseball tickets will be marked as follows
The wagering on baseball is done by laying or taking money odds.
The minus (-) indicates the favorite
The plus (+) indicates the underdog
Player would lay $160 to win $100 or $16 to win $10 on the
Indians. Player wagers $100 or $10 to win $15o win $15 on the White Sox.
On money odds whenever there is a minus (-) you lay that amount to win a dollar, where
there is a plus (+) you get that amount for every dollar wagered.
BASEBALL WAGERING RULES
MONEY LINE Winners and losers are official after 5 innings of play, if
the home team is leading, the game is official after 4 1/2 innings.
If a game is called or suspended, the winner is determined by the score after the last
full inning (unless the home team scores to tie, or takes the lead in the bottom half of
the inning, in which case the winner is determined by the score at the time the game is
called). Money will be refunded if the home team ties the game and it is then suspended.
When wagering on game totals and runlines the game must go 9 innings (8 1/2 if the home
team is ahead) to have action.
A pitcher is deemed a starting pitcher after throwing one pitch. The listed pitchers must
start or there is "no action".
Wagers on game totals and runlines will be refunded if a pitcher change occurs prior to
both listed pitchers throwing at least one pitch.
Rules for Run Line wagers are the same as those for baseball totals.
If a game goes past nine full innings and is not completed (I.E. suspended, curfew, rain
delay, etc) there will be action on total and runline wagers. Teams must
play for there to be action, all wagers included, all leagues included.
Events will not carry over to the following day (unless otherwise specified). When
betting on "mega runs," all games that are covered must be declared official
for action. Action continues on mega run bets regardless of starting pitchers.
Las Vegas Rules apply for any rules not mentioned here.
BASEBALL WAGERS WILL BE ACCEPTED IN THE FOLLOWING
MANNER:
- ACTION. (any starting pitcher) Player is betting team vs. team regardless of
starting pitchers.
- LISTED PITCHERS. (both specified pitchers) Wager is active only if the
originally scheduled pitchers start the game and throws at least one pitch. IF STARTING
PITCHERS ARE NOT EXACTLY AS LISTED ON WAGERING DISPLAY BOARD, AND/OR YOUR TICKET, YOUR WAGER
WILL BE DEEMED "NO ACTION".
- SELECTION. (your teams selected pitcher) Player is wagering on his selected
team and his team's originally scheduled pitcher, regardless of the pitcher for the opposing
team.
- OPPOSING. (opposite teams selected pitcher) Player is wagering on his
selected team regardless of his team's starting pitcher, as long as the originally scheduled
pitcher starts the game for the opposing team.
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FOOTBALL/BASKETBALL
On straight bets, players lay $11 for every $10 player wishes to win.
|
Example: |
Bears
|
41
|
|
|
Cowboys
|
-3
|
The Cowboys are a 3 point favorite. Player would lay $110 to win
$100 or $550 to win $500, on either team.
The point spread is always given with a negative number on the favorite and a positive
number on the underdog. If a player wagers on the favorite, that team must win by more than
the amount of the point spread. On all straight bets (except Parlays), if the favorite wins
by the exact point spread the wager is a Push or "No Action."
The number to the right of the Bears is the total (over/under) number. Players can wager
that the combined score of both teams will be either over or under this number. Overtime
scores are counted in the score.
FOOTBALL WAGERING RULES
Games lasting under 55 minutes constitute"No Action" or "Push/Cancel"
and all money is refunded. Wagering on the game period spread, moneyline, or total
(over/under) include any overtime scoring. Half-time (2nd Half) wagering includes any
overtime scores. Fourth Quarter wagering does NOT include overtime scores. When wagering
action points on totals in college football, overtime is NOT included. NFL rules and
regulations will apply to CFL unless otherwise stated. Las Vegas Rules apply for any rules
not mentioned here.
BASKETBALL WAGERING RULES
Games lasting under official time constitute"No
Action" or "Push/Cancel" and all money is refunded. Wagering on the game
period spread, moneyline, or total (over/under) include any overtime scoring. Half-time (2nd
Half) wagering includes any overtime scores. Fourth Quarter wagering does NOT include
overtime scores. Las Vegas Rules apply for any rules not mentioned here.
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COLLEGE FOOTBALL
OVERTIME PROCEDURE
College Football overtimes commence with a 1st & 10 play at the opponents 25-yard
line. The offensive team keeps possession until they score, commit a turnover, or fail to
convert on 4th down. Overtime continues until the score is no longer tied and each team
has had an equal number of possessions.
ALL WAGERS ON THE SIDE & TOTAL WILL INCLUDE ALL OVERTIME SCORING.
For wagering purposes, unless otherwise stipulated, Professional and College Football is
considered official after 55 minutes of regulation play or at the completion of overtime
period(s).
Games are graded as soon as the game goes final and is deemed official.
Futures, such as Divisional winners, will be graded as soon as the season or tournament is
over.
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BOXING
(Pro, College, and Amateur)
When bell is sounded signifying the start of the opening round, the bout is considered
official for wagering purposes. If the bout is officially stopped prior to the bell, that
round is not considered a full round.
Wagering on boxing is done by laying or taking money odds.
The minus (-) indicates the favorite
The plus (+) indicates the underdog
| Example: |
Evander Holyfield
|
+1.70
|
|
|
Mike Tyson
|
-2.00
|
Player must lay $200 to win $100 or $20 to win $10 on Tyson who
is a 2 to 1 favorite.
Player would wager $100 to win $170 or $10 to win $17 to win on Holyfield.
In the event of a draw, money on the fight itself will be refunded. However, specific fight
propositions must come as stated, such as a draw, either fighter by knockout or decision, or
a specific round knockout, etc.
Round propositions will be governed by the rules posted on our wagering sheets or as stated
at the time of the wager.
In the event that either fighters do not make the required weight but the fight goes on, the
following stipulations apply: When the bell sounds for the first round, the bout will be
considered official, regardless of the scheduled length or title.
The bout must have the original scheduled length to have action on a rounds proposition.
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HOCKEY
Wagering on hockey is done by laying or taking money odds.
The minus (-) indicates the favorite
The plus (+) indicates the underdog
| Example: |
Bruins
|
+0.5 1.20
|
|
|
Flyers
|
-0.5 -1.40
|
Player would lay ½ goal and $140 to win $100 on the
Flyers. Player would wager $100 and get the ½ goal to win $120 on the Bruins.
HOCKEY WAGERING RULES
Games lasting under official time constitute"No
Action" or "Push/Cancel" and all money is refunded. Games must take place on
the site and date scheduled. (unless otherwise specified) Overtime scores are included on
all game period wagers. Third Period wagering does NOT include overtime scores. Las Vegas
Rules apply for any rules not mentioned here.
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HORSES WAGERING RULES
A time stamp will be placed on all wagers. Any horse wagers
placed after the official star time will be graded as N/A (no action). Track Odds will be
paid on winning horses up to the maximum house payout limits. Exotic wagers will only be
paid in cases where the particular track offers this type of bet. If an exotic wager is
placed on a race that does not offer it, the wager will be refunded.
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OTHER
SPORTS
All other contests that involve a scheduled length of play or time limit must play to
their conclusion or have five minutes or less of the scheduled playing time remaining when
the contest concludes to be considered official for wagering purposes.
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PAYOFFS
Straight Bets
All Straight and Total bets pay 10/11 unless otherwise specified.
Parlays:
In case of "No Action" or a "Tie," Parlay is reduced to the next lowest
number of plays. Two team parlays become a straight bet at 11/10.
|
$100 would pay $90.91
|
|
$50 would pay $45.45
|
COMBINATION BASEBALL PAYOFFS
Because of the money line used in baseball, there are no set payoffs for tying a number of
teams together in parlays.
Payoffs are determined by a simple formula that changes the
money line into a decimal number and combines it with the other lines in the parlay. The
first step is to change the money line into a decimal.
HOW TO FIGURE BASEBALL PARLAYS
For each PRICE or ODDS quote on your teams, look at their respective PAYOFFS (to $1) and
always ADD $1 to these payoffs.
Multiply your BET times the products of these payoffs (+$1) for your parlay return.
| EXAMPLE: |
Bet $50 on Cardinals (-150) parlayed to Tigers (-130)
|
|
|
BET CARDINALS TIGERS RETURN
|
|
|
(-150) (-130)
|
|
|
$50 X 1.67 X 1.77 = $147.80
|
|
|
RETURN INCLUDES THE $50 BET
|
USE THE SAME METHOD FOR ANY NUMBER OF TEAMS
| EXAMPLE: |
Bet $75 on Cubs (+120) to Reds (-135) to Mets (EVEN) for 3 team parlay
|
|
|
BET CUBS REDS METS RETURN
|
|
|
(+120) (-135) (EV)
|
|
|
$75 X 2.20 X 1.74 X 2.00 = $574.20
|
|
|
(1.00 + 1.20) (1.00 + .74) (1.00 + 1.00)
|
|
|
RETURN INCLUDES THE $75 BET
|
REMEMBER TO ALWAYS ADD $1 TO PAYOFF PRICE TO FIGURE ALL
PARLAYS.
Note: In the case that there might be two exact teams showing
with two different lines you may not parlay the teams together. If you do your parlay is
null and void. No exceptions!
|
Football Teasers
|
|
|
6 Points
|
6½ Point
|
7 Point
|
|
2 Teams
|
10/11
|
5/6
|
10/13
|
|
3 Teams
|
9/5
|
8/5
|
7/5
|
|
4 Teams
|
5/2
|
2/1
|
9/5
|
|
5 Teams
|
4/1
|
7/2
|
3/1
|
|
6 Teams
|
6/1
|
5/1
|
4/1
|
|
Basketball Teasers
|
|
|
4 Points
|
4½ Point
|
5 Point
|
|
2 Teams
|
10/11
|
5/6
|
10/13
|
|
3 Teams
|
8/5
|
7/5
|
6/5
|
|
4 Teams
|
5/2
|
2/1
|
9/5
|
|
5 Teams
|
4/1
|
7/2
|
3/1
|
|
6 Teams
|
6/1
|
5/1
|
4/1
|
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 wager shall constitute a
"Losing" wager. Ties on a three or more team teaser shall revert to the next
lowest betting bracket.
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