BET TYPES
PARLAYS – TEASERS – ETC.
IF BETS – If bets are used by many players as a method of money management. The advantage of playing an if bet is that it reduces your exposure to losses. Like a parlay, an if bet links together 2 or more individual plays and circled Games may not be added to the if bet. Unlike a parlay, an if bet is not an all-or-nothing wager: MORE…
MONEYLINES -The team wagered on just has to win the Game. The amount you lay on the favorite or take on the dog varies depending on the point spread and other factors. The money line that is read at the time of your wager is the money line you keep regardless of any line movement.
ACTION POINTS – This is a wager where the winnings or losses are determined by how many points a team does or doesn’t cover the point spread by. Based on $110/$100, you win $100 for every point that the team covers the point spread by, and you lose 110 for every point the team does NOT cover the Point Spread by. One can also lose and win on half points as well. MORE…
PARLAYS – A parlay is a combination of 2-9 teams online. The parlay can be comprised of a series of bets on a team, over/under bets, or any mixture of the two. For the parlay to be a winning wager, every one of its individual plays must win. If any of the individual plays is not a winner, then the entire parlay wager loses. MORE…
REVERSE BETS – Reverse bets are simply “if bets” that work in both directions. This can be a combination of 2-4 Teams. All reverse bets are double action: the remaining bets in the sequence will be placed if the preceding bet is a win, a “push,” or is cancelled for any reason. An “if bet” (double action) follows the sequence “if Team 1 wins, ties or cancels then Team 2.” Placing a reverse bet will include that sequence and its opposite. MORE…
ROUND ROBIN PARLAYS – A Round Robin is simply a nickname for parlay wagering on a group of selections (at least three or more) that are to be includedin a combination of individual parlays. For instance, if a player asked for a $100, three-team Round Robin with teams A, B, and C, he/she is simply requesting a two-team parlay with teams A and B, another parlay with teams A and C, and another with teams B and C, for a total of 3 individual parlays, each for $100. The total amount risked would be $300. MORE…
STRAIGHT BETS – The team wagered on must win by the point spread given at the time of the wager. For straight wagers, unless otherwise indicated, the odds are $1.10 to win $1.00. Games that tie are considered “no action” and money is re-deposited back into your account. Due to changing events, the point spread may fluctuate at any time.
Example: Player wagers $110.00 on Miami -7 to beat Buffalo +7. MORE…
TEASERS – A teaser is a group of straight bets or totals combined into one bet. The difference between a parlay and a teaser is that with a teaser the line you bet against for each individual wager is moved to your favor by the number of points of the teaser. If the regular line is -6 and you have a 4 point teaser then your line would be -2. As with a parlay, all of the individual parts need to win for the teaser to be a winner.MORE…