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 refunded.
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.
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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.
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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
Example: |
White Sox
|
+1.50
|
|
Indians
|
-1.60
|
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 � goal and $140 to win $100 on
the Flyers. Player would wager $100 and get the � 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
|
6� 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
|
4� 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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