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
| 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
- 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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|
