WAGER TYPES
straight wagers
parlays
teasers
if-bets
round robins
reverses
futures/prop's
STRAIGHT WAGERS
A wager on a game or event in which a team (or total, player, etc.) is selected to win
against the point spread, odds or a combination both.
Point Spread: the margin (points, goals, runs, etc..) by which the
favored team is expected to win the game (football, basketball, hockey-
puck line): To determine the point spread winner: If the number is
positive (+), then you add the points to your team's score. If the
number is negative (-), then subtract those points from your teams
score. The side with the higher score after the points are applied is
the winner.
All point spread straight bets are 10/11 (e.g., bet US$11 to win US$10),
unless otherwise noted.
Odds or Money Line (baseball, football/hockey- money line, golf,
tennis, futures, horses, auto, boxing, soccer): A wager on the selection
to win outright (no point spread).
If the odds are positive (+), then the payoff is calculated by
multiplying the wager times the odds (e.g., if you wager US$50 and the
odds are +120, the amount won is: US$50 x 1.20 = US$60).
If the odds are (-), then the payoff is calculated by dividing the wager by the
odds (e.g., if you wager US$55 and the odds are -110, the payoff is
US$55 / 1.1 = US$50).
Point Spread with Odds (golf matchups): A combination of the two above.
The selection must win by the point spread, and the payoffs are
calculated by the odds.
PARLAYS
A parlay is a combination of
two or more straight bets combined together to make one wager. Different
sports may be combined for a multi-sport same parlay. If all teams in
the parlay win, the parlay is a winning bet. If any team included in the
parlay loses, the parlay is a losing bet. If a team in the parlay ties
or is "no action," the parlays number of teams is reduced by one; a tie
on a two team parlay become a straight bet.
Parlay payoffs are the following:
| # of Teams |
Payoff |
| 2 |
+260 |
| 3 |
+600 |
| 4 |
+1000 |
| 5 |
+2000 |
| 6 |
+4000 |
| 7 |
+6000 |
| 8 |
+8000 |
| 9 |
+15000 |
| 10 |
+30000 |
Maximum Parlay Payouts*
| Overall Max Payout |
| US$20,000 |
*Multiple parlay wagers, using same teams will apply to the maximum payouts shown above.
TEASERS
A teaser is the same as a parlay in which additional points are either added to the underdog or subtracted from the favorite (e.g., if the regular line on your selection is -4 and you have a 6 point teaser, then your line would be +2).
A two team teaser with a tie and a win is considered a push and your wager amount is refunded to your account.
Football Teasers: 6, 6 1/2, 7, 10 or 13 points
Basketball Teasers: 4, 4 1/2 or 7 points
Teaser payoffs are the following:
| |
Payoff |
| # of Teams |
6pt
(4hoops) |
6½pt
(4½hoops) |
7pt
(5hoops) |
10pt |
13pt |
| 2 |
10 / 11 |
5 / 6 |
10 / 13 |
|
|
| 3 |
9 / 5 |
8 / 5 |
7 / 5 |
10 / 12 |
|
| 4 |
3 / 1 |
5 / 2 |
2 / 1 |
|
|
| 5 |
9 / 2 |
4 / 1 |
7 / 2 |
|
|
| 6 |
7 / 1 |
6 / 1 |
5 / 1 |
|
|
| 7 |
8 / 1 |
7 / 1 |
6 / 1 |
|
|
**NEW Monster Teaser- 3 teams only.
Football Monster Teasers: 10 points
ALL TIES LOSE!
| Basketball Teaser Specials |
| # of Teams |
7pt
Ties Lose |
12pt
Ties Lose |
6pt
|
| 2 |
- |
- |
10 / 17½ |
| 3 |
10 / 13 |
- |
10 / 10½ |
| 4 |
12 / 10 |
- |
15 / 10 |
| 5 |
17½ / 10 |
- |
10 / 23 |
| 6 |
24 / 10 |
- |
10 / 32 |
| 7 |
31 / 10 |
- |
- |
| 8 |
- |
10 / 22 |
- |
| 9 |
- |
10 / 20 |
- |
| 10 |
- |
10 / 17½ |
- |
IF BETS
An If Bet is a group of bets
on two to three outcomes placed at the same time. There are two types of
If Bets, IF WIN and IF ACTION. The bettor is able to place an If Bet
where the later game goes first. The order does not have to be in the
same order as the game times. These wagers are different from parlays
since you don’t have to re-invest all of your winnings in the subsequent
games.
If Bets are accepted on totals and sides.
Typical IF WIN bet
US$110 to win US$100 on Team A in game 1
If the above wager wins then
US$110 to win US$100 on Team B in game 2
If the above wager wins then
US$110 to win US$100 on Team C in game 3
If Team A does not win, you have NO ACTION on Team B or Team C.
If Team B does not win, you have NO ACTION on Team C.
If all 3 win you win US$300.
If Team A loses you lose US$110.
If Team A wins, Team B wins, and Team C loses, you win US$90.
It is not necessary to bet the same amount on all three games. An IF
ACTION wager is similar and contains the phrase “IF the above wager wins
or pushes.”
1. If Win
- If the first wager wins the following wager has action.
- If the second wager wins then the third wager has action.
- If any wager in the IF WIN bet loses or pushes all of the following
wagers are No Action.
2. If Action
- If the first wager wins or pushes then the second wager has action.
- If the second wager wins or pushes then the third wager has action.
- If any wager in the IF ACTION bet loses then all of the following
wagers are No Action.
ROUND ROBINS
A round robin is a combination of all possible parlays for your given
set of games.
Example: If a bettor wanted a US$50 two team round robin with four teams
(A, B, C and D) in a Round Robin he would be betting 6 parlays (A+B, A+C,
A+D, B+C, B+D, and C+D) for US$50 each, or a total of US$300.
REVERSES
There are two types of reverses, Win-Reverse & Action-Reverse
Win-Reverse Wager
A Win-Reverse wager is a pair of IF WIN wagers. The pairs are made by
taking the original If Win wager and placing another If Win wager in
reverse order. Not only is it a wager that if A wins then B, but also If
B wins then A.>
Following is a breakdown of a 2 and 3 play Win-Reverse wager.
| 2 Team Play |
3 Team Play |
US$100 Win-Reverse on Play-A in
Game 1 and Play-B in Game-2 |
US$100 Win-Reverse on Play-A in Game 1, Play-B in Game 2 and Play-C in Game 3 |
| -US$110 to win US$100 on Play-A in Game 1 |
A 3 Play Win-Reverse has 6 different 2 |
| If above wager wins then: |
team combinations: 1) If A wins the B; |
| -US$110 to win US$100 on Play-B in Game 2 |
2) If A wins then C; 3) If B wins then A; 4)If B wins then C; 5) If C wins then A; |
| AND |
And 6) If C wins then B. |
| If the above wager wins then: |
|
| -US$110 to win US$100 on Play-A in Game 1. |
|
| Payout for a US$100 2 Play Win-Reverse |
Payout for a US$100 3 Play Win-Reverse |
| Wager based n US$110 to win US$100 plays. |
Wager based on US$100 to win US$100 plays. |
| |
|
| Number of Wins |
Number of Pushes |
Number of Loses |
Win or Loss Amount |
Number of Wins |
Number of Pushes |
Number of Loses |
Win or Loss Amount |
| 2 |
0 |
0 |
Win US$400 |
3 |
0 |
0 |
Win US$1200 |
| 1 |
1 |
0 |
Win US$100 |
2 |
1 |
0 |
Win US$600 |
| 0 |
2 |
0 |
No Action |
1 |
2 |
0 |
Win US$200 |
| 1 |
0 |
1 |
Lose US$120 |
2 |
0 |
1 |
Win US$160 |
| 0 |
1 |
1 |
Lose US$110 |
0 |
3 |
0 |
No Action |
| 0 |
0 |
2 |
Lose US$220 |
1 |
1 |
1 |
Lose US$130 |
| |
|
|
|
0 |
2 |
1 |
Lose US$220 |
| |
|
|
|
1 |
0 |
2 |
Lose US$460 |
| |
|
|
|
0 |
1 |
2 |
Lose US$440 |
| |
|
|
|
0 |
0 |
3 |
Lose US$660 |
Action-Reverse Wager
An Action-Reverse wager is a pair of IF ACTION wagers. The pairs are made
by taking the original If Action wager and placing another If Action
wager in reverse order. Not only is it a wager that if A wins or pushes
then B, but also If B wins or pushes then A.
Following is a breakdown of a 2 and 3 play Action-Reverse wager.
| 2 Team Play |
3 Team Play |
| US$100 Action-Reverse on Play-A in |
US$100 Action-Reverse on Play-A in Game 1, |
| Game 1 and Play-B in Game-2. |
Play-B in Game 2 and Play-C in Game 3. |
| - US$110 to win US$100 on Play-A in Game 1. |
A 3 Play Action-Reverse has 6 different 2 |
| If the above wager wins or pushes then: |
team combinations: 1) If A wins or pushes |
| - US$110 to win US$100 on Play-B in Game 2. |
then B; 2) If A wins or pushes then C; |
| AND |
3) If B wins or pushes then A; 4) If B wins |
| - US$110 to win US$100 on Play-B in Game 2. |
or pushes then C; 5) If C wins or pushes |
| If the above wager wins or pushes then: |
then A; and 6) If C wins or pushes then B. |
| - US$110 to win US$100 on Play-A in Game 1. |
|
| |
|
| Payout for a US$100 2 Play Action-Reverse |
Payout for a US$100 3 Play Action-Reverse |
| Wager based n US$110 to win US$100 plays. |
Wager based on US$100 to win US$100 plays. |
| |
|
| Number of Wins |
Number of Pushes |
Number of Loses |
Win or Loss Amount |
Number of Wins |
Number of Pushes |
Number of Loses |
Win or Loss Amount |
| 2 |
0 |
0 |
Win US$400 |
3 |
0 |
0 |
Win US$1200 |
| 1 |
1 |
0 |
Win US$200 |
2 |
1 |
0 |
Win US$800 |
| 0 |
2 |
0 |
No Action |
1 |
2 |
0 |
Win US$400 |
| 1 |
0 |
1 |
Lose US$120 |
2 |
0 |
1 |
Win US$160 |
| 0 |
1 |
1 |
Lose US$220 |
0 |
3 |
0 |
No Action |
| 0 |
0 |
2 |
Lose US$220 |
1 |
1 |
1 |
Lose US$140 |
| |
|
|
|
0 |
2 |
1 |
Lose US$140 |
| |
|
|
|
1 |
0 |
2 |
Lose US$460 |
| |
|
|
|
0 |
1 |
2 |
Lose US$660 |
| |
|
|
|
0 |
0 |
3 |
Lose US$660 |
FUTURES & PROPOSITIONS
Future and Proposition Wagers are based on the outcome of events that happen each
year. All future wagers are final. There will be no pay-outs until the
conclusion of the specified season. Odds change daily and all wagers are
considered action at the odds quoted at the time of the wager.
Example: Before the NFL regular season starts the bettor could wager US$100 on
the Tennessee Titans, at odds of 8/1, to win the Super Bowl. If
Tennessee did win the Super Bowl the bettor would collect US$800. If
Tennessee lost the Super Bowl or failed to reach it the bettor would
lose US$100.
Placing A Wager: Select Place Wagers and then Propositions from the Graph at the top of the Sportsbook page.
Max payout for any future wager: $10,000.