Single – or straight – bets are wagers on
the outcome of a single event or game. These bets are
very popular with novice bettors. A Point spread, a
Moneyline, a Game Total, a Runline or Puckline determines
the wager. Simply put, the team or event wagered on
must win the game or event either outright or by covering
the spread. The payout is determined by the odds posted.
Wagers must be on the outcome of a single event or
single bets must lay 11 to win 10 unless otherwise
noted at the time of the wager.
point spread or moneyline may fluctuate at anytime
as they move with the bet, but you get the number
at the time the bet is laid.
The moneyline is the same as the odds to win a game
or event, typically offered in North American sports.
It refers to the amount you must bet to win $100, or
the amount of money that your wager will return.
Example: a moneyline of -110 means that you must bet
$110 to win 100, while a moneyline of +110 would mean
that you win $110 for a bet of $100.
a moneyline is posted, the lines may appear as follows:
choosing either -160 or +140, you are betting on what
team you think will win the football game. To win $1
on Seattle, you must wager $1.60. If Seattle wins, you
get $2.60 back, the $1.60 you bet plus the $1 you won.
If you bet $1 on Arizona and they win, you get $2.40
back, the $1 you bet plus the $1.40 you won.
The point spread on a game is a prediction of the difference
in the scores of two teams that are playing each other.
you want to bet on a pointspread when teams are involved,
an example would be:
you bet the -4 for Seattle, they must win by more than
4 points for you to win your bet. If you bet on +4 for
Arizona, they may lose by 3 points or less, or win outright
for you to win your bet. If the +/- 4 adjustment results
in a tie, the wager is push and you will get your money
back. Games featuring ½ point spreads will never
push, and therefore there will always be a winner or
a loser in his bet.
The Total or Game Total is used in football, basketball,
baseball, and hockey. You are betting on whether or
not the “Total Points” scored in that specific
game are going to go “Over” or “Under”
the number established by the bookmaker. The total is
set and periodically adjusted to ensure that half of
the people will wager on the over and the other half
will wager on the under.
Over/Under is the combined amount of runs, points or
goals scored by both teams during the game, including
the overtime. The wager involves the bettor speculating
that the total score by both teams in a game will be
more or less than the line posted by the sports book.
Totals are used in football, basketball, baseball, and
hockey. The total is set and periodically adjusted to
ensure that half of the people will wager on the over
and the other half will wager on the under.
Parlays – or combo bets – are a selection
of two or more wagering outcomes. In a parlay bet, all
teams bet must win for the play to be active. If any
one team loses, the entire bet is lost.
bettor can combine different sports, point spreads and
moneylines in win/loss and/or totals betting. You may
also buy points in betting a parlay. If there is a tie
or cancellation, the parlay reverts to the next lowest
In the event of a tie in a parlay bet, the number
of plays is reduced. For example, if a four-play parlay
has two ties, then it will become a two-play parlay
and the payout will be recalculated based on the new
number of plays. A 2-play parlay with one tie will
reduce to a straight bet. If a parlay is reduced to
zero plays, the entire wager is cancelled and the
entire bet amount refunded.
propositions must cover for the parlay to be considered
a win (exception: ties reduce, see above). If any
proposition loses, the entire parlay will be considered
a loss. There are no partial payouts.
not played on the date specified are considered "No
Action" and reduce the parlay to the next lowest
number of plays. For Example: A six-play parlay will
be reduced to a five-play parlay, a two-play parlay
will be reduced to a straight wager. Payouts are adjusted
Teasers are a selection of two or more outcomes in a
single wager in which either the point spread or total
is adjusted in the bettor's favor. Each sport has its
own range of points for teaser selections. A teaser
adjusts the spread for the favorite so that it decreases
the posted spread, or conversely, increases the posted
spread for the underdog. If you select a total, the
adjustment makes totals higher-to-go-under or lower-to-go-over.
the lines you want to tease are Philadelphia Eagles
+3 and New England Patriots vs. Indianapolis Colts over
37, your two-team, six-point teaser would be:
Philadelphia Eagles +9
England Patriots/ Indianapolis Colts over 31
results need to be correct for this teaser to be a winner.
Buy Points refers to a bettor moving the point spread
for a given game in order to give up fewer points on
the favorite, or gain more points on the underdog. Bettors
pay a fee – often 10 per cent – for each
half-point bought in their favour.
The Indianapolis Colts are seven-point underdogs.
To move the spread to seven-and-a-half points, you
would buy a half-point for 10 per cent of the wager.
Points can be bought only on standard odds (-110).
Point buying is not allowed on off-standard odds.
must be on the outcome of a single event or game and
all standard rules apply.
team wagered on must win by the point spread you have
Futures, as the name implies, is a single-wager bet
on the outcome of a game or event to be held in the
future. For example, the Super Bowl or the World Series.
on Futures depend on the odds offered by the house for
each bet placed. Typically, Futures are represented
by basic, fixed odds (although sometimes a moneyline
or a multiplier may be featured). The payout is determined
by those posted odds.
calculate a payout, translate the odds (a moneyline
such as -110, -180, +140 etc., or fixed odds such as
3/1) to a multiplier (the Payoff Price plus one). Multiply
the multiplier by your bet to determine the Payout or
Win Amount (Payoff Price plus original bet).
Bets are on the outcome of a single event or game
team wagered on must win the league or tournament.
All wagers have action regardless of relocation or
A Prop – or proposition – bet is a wager
involving two or more outcomes not directly related
to the final score of an event. Typically, Props are
not allowed to be placed in any type of combo bet. In
most cases, featured Props are usually single bets only.
How many passing yards will Brett Favre get in his
next game: less than 100; 101-150; 151-200; 201-250;
251-300 or 300+. There would be posted odds for each
Player(s) in a 1 or 2 player prop must enter game
for wagers to have action.
a prop with 3 or more players, all wagers have action
even if a player does not play for any reason.