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Bet Types and Rules
- Straight Wagers
- Special Lines
Straight Wagers
A line is the set of rules used to calculate results and payouts
of straight wagers. The three standard line types are listed below.
- Point Spreads
- Money Lines
- Totals by each team or on the game (Over/Unders)
Point Spreads
A Point Spread bet is placed on one team to win against another,
subject to the Point Spread. The favorite is indicated by the
minus sign "-" and the underdog is indicated by the
plus sign "+". To determine the winner for betting purposes,
the Point Spread is added to the final score of the team you bet
on. Point Spread rules are as follows:
- To win your bet, the team you bet on must
win by the Point Spread.
- On certain events, you can adjust the point
spread by buying points.
- Games that tie, when taking the point spread
into consideration, are no-action. This means that your original
bet amount will be refunded to your account.
- The odds are $1.10 to win $1.00 (-110) unless
otherwise indicated.
- The Point Spread may change between the time
you place your bet and the time the event starts; regardless,
your bet is subject to the point spread displayed at the time
you placed your bet.
For example, you wager on Indianapolis
-7 to beat Miami +7. The following table shows possible wager
results on three final scores.
| Actual Final Score |
Final Score with Point Spread Applied |
Bet Result |
| Indianapolis 21 Miami 19 |
Indianapolis 14 Miami 19 |
Loss |
| Indianapolis 26 Miami 19 |
Indianapolis 19 Miami 19 |
Tie |
| Indianapolis 27 Miami 19 |
Indianapolis 20 Miami 19 |
Win |
Money Lines
Money Lines are the simplest form of sports bets. The team you
bet on just has to win the game. Your bet is not subject to a
point spread. The amount you may win is determined by the money
line. Money Line rules are as follows:
- Money Lines are only posted on football and basketball games where the favorite is -10 or below.
- Money Lines are displayed with a plus "+"
or a minus "-" sign.
- Money Lines posted with a minus sign "-"
require a bet equal to the amount shown after the minus sign
to win $100.
- Money Lines posted with a plus sign "+"
require a $100 bet to win the amount shown after the plus sign.
- To win your bet, the team you bet on simply
has to win the game.
- Tie games are no-action, which means your
original bet amount will be refunded to your account.
- You can combine a Money Line with a Totals
line, even on the same event.
- The Money Line may change between the time
you place your bet and the event's start time. Payout of your
bet is subject to the Money Line that was displayed at the time
you placed your bet.
For example, you bet on Indianapolis
-160 to beat Miami +140. You must bet $160 to win $100 if Indianapolis
wins the game. Your friend bets on Miami. Your friend must bet
$100 to win $140 if Miami wins. The following table displays the
results of four different winning Money Line bets.
| Winner |
Money Line |
Bet Amount on Winner |
Payout (including bet amount) |
| Indianapolis |
-160 |
$ 80 |
$ 130 |
| Indianapolis |
-160 |
$ 160 |
$ 260 |
| Miami |
+140 |
$ 100 |
$ 240 |
| Miami |
+140 |
$ 50 |
$ 120 |
Totals
Totals are also known as over / under bets. You bet that
the actual total score of each individual team or both teams combined will be over or
under the number displayed in your bet. The winning team is irrelevant
to this bet. Totals rules are as follows:
- If the actual combined total score of both
teams or of your individual team score is equal to the number displayed in your Totals bet, the
bet is no-action; this means your original bet amount will
be
refunded to your account.
- The odds are $1.10 to win $1.00 (-110) unless
otherwise indicated.
- On certain events, you can adjust the odds
by buying points.
- You can combine a Money Line or Point Spread
bet with a Totals bet.
- The Total amount may change between
the time you place your bet and the time the event starts; regardless,
your bet is subject to the Total amount displayed at the time
you placed your bet.
For example, the current Totals line
on the Indianapolis-Miami game is Over 35 / Under 35. You bet
on the Over and your friend bets on the Under. The following table
displays the bet results based on three different game outcomes.
| Final Score |
Combined Score |
You |
Your Friend |
| Indianapolis 21 Miami 19 |
40 |
Win |
Loss |
| Indianapolis 16 Miami 19 |
35 |
Tie |
Tie |
| Indianapolis 6 Miami 19 |
25 |
Loss |
Win |
For further example, if the current Totals lines on the Indianapolis-Miami game is Miami Over 21/ Under 21. You bet on the Over 21 on Miami only and your friend bets on the Under 21 on MIami only.
The following table displays the bet results based on three different game outcomes.
| Final Score |
Miami Score |
You |
Your Friend |
| Indianapolis 21 Miami 19 |
19 |
Lose |
Win |
| Indianapolis 16 Miami 21 |
21 |
Tie |
Tie |
| Indianapolis 17 Miami 23 |
23 |
Win |
Lose |
Buying Points
Buying Points allows you to move the point spread in your
favor by paying a surcharge. You can only buy points on football
and basketball point spreads and totals and you can buy up to a total of 3 points.
You can normally buy an extra 1/2 point by laying
-120 instead of the standard -110.
Buying points on or off key points or magic numbers
is more expensive. Three is usually the key point in football.
Although there are no standard key points in basketball, we may
set key points on certain games.
After you buy a point and place your bet,
check your betting ticket to see the new price on the event.
For example, Indianapolis plays Miami and Indianapolis
is favored by 4.5 points. You want to adjust the line in your
favor by bringing the Indianapolis line down to -2. You can do
this for an additional 60 cents. This means you will have to bet
$170 to win $100. The following table shows the incremental cost
of various point purchases, including purchases on and off Key
Points.
| Indianapolis Point Spread |
Buy Points Surcharge on this Game |
| Posted Line -4.5 |
Standard -110 |
| -4.5 to 4.0 |
10 cents or -120 |
| -4.0 to 3.5 |
10 cents or -130 |
| -3.5 to 3.0 |
15 cents or -145 |
| -3.0 to 2.5 |
15 cents or -160 |
| -2.5 to 2.0 |
10 cents or -170 |
Special Lines
The following special lines are available to offer increased flexibility
and potential payouts.
- Quarter
- First-Half
- Half-Time
- Parlays
- Teasers
- If Bets
- Futures
- Propositions
Quarter
Quarter lines allow you to bet on the first, second, third and
fourth quarter of basketball and football games. Quarter lines are generally posted prior to the start of the game and you must make any quarter wagers prior to the start of the game. Quarter betting rules are as follows:
- Quarter bets are calculated the same as straight
bets unless otherwise indicated.
- Game must go the full quarter for quarter
bet to have action.
- Overtime is not included as part of the fourth
quarter.
- Parlays, Teasers and buying of points are
not available on quarter bets
Half-time
Half-time lines allow you to bet on the first or second half of
basketball and football games. Half-time betting rules are as
follows:
- Half-time bets are calculated the same as
straight bets unless otherwise indicated.
- Half-time bets can be parlayed to other half-time bets or other full-game bets on sides and totals but can never be parlayed to a full-game side or total of the same game.
- Half-time bets must go the full half for action.
- Overtime is included as part of the second
half.
- Teasers and buying of points are not available
on half-time bets.
Parlays
Parlays are wagers on two or more teams, in no particular order,
where all selections must win for the wager to win. Parlay rules
are as follows:
- In the event of a tie or no-action, the parlay
reverts to the next lowest number for payout. A 2-team parlay
reverts to straight wager.
- Parlays that incorporate money lines or European
prices are paid out based on the odds of the individual selections.
- You cannot bet on correlated events on the
same parlay wager. For example, you cannot parlay the over of the first half of a football game with the over of the full game because the two wagers are correlated. Likewise, you cannot have one leg of the parlay for Sampras to beat agassi in the 4th round of Wimbledon and an additional part of the same parlay for Sampras to win the overall Wimbledon title. The head-to-head match forms part of the overall tournament and is therefore correlated.
- By placing a Parlay bet, you can increase
your payout odds. For example, you want to bet on the Patriots
to beat the Cowboys and also on the Colts to beat the Dolphins, but you have to lay 11/10 on each individual wager. You are pretty sure that both the Patriots and the Colts are going to win and cover, so you want better odds. By parlaying the two games together, you increase your odds from paying 10 for 11 to now paying 13 for 5 if both teams of your Parlay come through.
- All open-end parlays must be closed within 7 days from inception.
Parlay Payouts
The following parlay payout table is valid if all selections within
the parlay are based on the standard point spread or totals line
of -110 (bet $110 to win $100).
| Number of Teams |
Odds |
| 2 |
13:5 |
| 3 |
6:1 |
| 4 |
13:1 |
| 5 |
24:1 |
| 6 |
45:1 |
To calculate odds for parlays that use money
lines other than the standard -110, you should convert the money
line to a European price. Then calculate the parlay payout odds
by multiplying the European prices of each event together.
For example, let's say you bet on
Chelsea 2.5, Sunderland 1.7 and Newcastle 2.1. A parlay of all
three teams would pay 2.5 x 1.7 x 2.1 = 8.93. If your bet amount
is $100 then the payoff would be $100 x 8.93 = $893 (this includes
your original stake, so your winnings are $893 - $100 = $793).
Teasers
A teaser is a parlay in which you take more points or lay fewer
points than the line, thus adjusting the point spread in your
favor. However, your payout odds are reduced when you do this.
Teaser rules are as follows:
- A teaser can only consist of point spreads
and totals; you cannot buy additional points.
- The number of teams and the number of teaser
points you select determines your payout odds.
- A tie or no-action and either a win or a loss
on a 2-team teaser shall constitute a no-action wager.
- A tie on a 3 or more team teaser shall revert
to the next lowest betting bracket. For example, a tie on a
3-team teaser becomes a 2-team teaser.
- All open-end teasers must be closed within 7 days from inception.
Teaser Payoff Odds for Basketball
and Football
Football
Basketball |
6-Point
4-Point |
6.5 Point
4.5 Point |
7-Point
5-Point |
| 2-team |
1:1 |
10:11 |
10:12 |
| 3-team |
9:5 |
8:5 |
3:2 |
| 4-team |
3:1 |
5:2 |
2:1 |
| 5-team |
9:2 |
4:1 |
7:2 |
| 6-team |
7:1 |
6:1 |
5:1 |
Other Teasers
- 3-team, 10-point football teaser odds are
10/12. No opens allowed and ties lose.
- 3-team, 7-point basketball teasers odds are
10/12. No opens allowed and ties lose.
- 4-team, 13-point football teaser odds are
10/14. No totals or opens allowed and ties lose.
For example, you place a 3-team 6-point
football teaser. The chart above lists the odds as 9:5. The
unadjusted line is Denver -7, Pittsburgh -3 and Houston +15.
The point spreads are adjusted as follows.
- Denver -7 plus the adjusted six points
= -1
- Pittsburgh -3 plus the adjusted six
points = +3
- Houston +15 plus the adjusted six
points = +21
If each and every one of the three
teams wins against the adjusted spread, you win $9 for every
$5 you bet.
If Bets -- If Win and If Action
An If Bet allows you to increase your betting power and limit
your risk by placing multiple bets on one betting ticket. Each
individual bet after the first bet will only have action if the
previous bet in the sequence is successful. This limits your risk
to the dollar amount of the first bet on your betting ticket.
An If Bet is also useful if you want to make
more than one bet but do not have adequate funds in your account
to cover the second bet, unless the first bet wins. An If Bet
will place the second bet immediately upon success of the first
bet. If Bet rules are as follows:
- One If Bet can contain two to six individual
bets.
- If Bets must be made prior to the start time
of the earliest event.
- Bets do not have to be made in the order of
each event's start time.
- The first bet's limit is set by the house.
- Additional bets in the sequence cannot exceed the bet
amount of the first bet.
- The first bet is always placed, unless it
is considered a no-action event.
Two Types of If Bets
- If Win
You choose the order of each bet in the series. The first bet
is always placed. Each subsequent bet is placed only if the
previous bet wins. If any bet in the If Win series loses, ties
or is considered no-action, then all subsequent bets on the
betting ticket are considered no-action.
- If Action
You choose the order of each bet in the series. The first bet
is always placed. Each subsequent bet is placed only if the
previous bet is won, considered no-action or is a tie game (also
know as a push). If any bet in the If Action series loses, then
all subsequent bets on the betting ticket are considered no-action.
For example, on October 7th, you
place an If Win bet on the Chargers to beat the Dolphins in their
October 12th game. Then you select the Jets to beat the Dolphins
in their October 11th game. The game on October 12th wins and
the second part of the If Bet is placed on the Jets/Dolphins game
with the original bet amount.
This second bet is placed, even though
this game started prior to the first event and already had a final
result of a loss. The first part of your If Win bet is a win but
the second part is a loss. Your If Win bet placed on October 7th
is placed prior to the start time of both events so, you are able
to bet on both games while ensuring that your preferred bet on
the Chargers game gets placed, even if your second choice, the
Jets, lose.
Normally, the only way this would
be possible, would be to expose yourself to both bets separately.
An If Bet puts a restriction on your bet that says if the Chargers
lose, do not place a bet on the Jets/Dolphins game. This limits
your risk to the first bet amount, but provides you with the opportunity
to make a second bet with the original stake, if your first bet
is successful.
Futures and Propositions
Futures wagers are based on the outcome of events that happen each
year. Propositions are wagers based on the outcome of special events.
All wagers are final. There will be no payouts until the conclusion
of the specified season for futures or the conclusion of the specified
event for propositions.
If your selection (person, team, etc.) does not
participate in the event for any reason, your wager is considered
no action.
The odds we offer may change between the time
you place your wager and the time the event starts. Regardless,
your wager is subject to the odds displayed at the time you placed
your wager.
In the event of a dead-heat for first place,
stakes will be divided by the number of selections dead-heating
with the divided stake settled at full odds. Remaining stake money
is lost. The dead heat rule only applies to future wagers. If the
tie was a betting option, the dead-heat rule does not apply.
For example, if there is a 3-way
tie for the top scorer in a football game, your winnings are calculated
by taking your stake, dividing it by 3, and multiplying that amount
by the odds on your betting ticket.