Totals Bet

‘Totals’, also called “Over/Under” is the bet where the wagerer bets on the total scored points, regardless of who wins or loses.

Suppose that the total points scored in a given game is decided to be “50” points, whereas the payout of winning bet is “–120”, i.e;

• Over +50.0 –120

• Under +50.0 –120

Now, if a wagerer thinks there will be more than 50 points scored in the game, he bets the ‘over’. And If a wagerer thinks that the there will be less than 50 points scored in the game, he bets the ‘under’. A winning wagerer will get $100 for every $120 bet.

Incase, if the total scored points is exactly 50, then the bet is believed to be a push. All bets will be canceled and the stakes will be returned.

Teaser Bet

‘Teaser’ is a bet that’s very much alike parlay and allows the wagerer to bet on 2 to 7 teams together in one bet, with an attuned or teased point spread of each individual bet. If all the favorite teams win, the wagerer wins the bet or in other case if any team loses, the wagerer loses the bet.

Suppose a wagerer placed a two-team 9-point teaser on the Buffalos and Rams. If any one of these teams’ bet loses, the wagerer will lose the bet after applying an extra 9 points in his favor.

Straight Bet

If a wagerer chooses a team and a point spread, it is called a ‘straight’ bet. The payout of straight bet is 10/11 or $110 to win $100.

Suppose two teams Lions and Bears are listed at:

• Lions –5

• Bears +5

Here, Lions are the favorite so they cannot lose by more than 4 points for the bet to win. If the game ends on 5 points, then the bet will be voided.

ACTION POINTS

When a wagerer bets on the ‘action points’, he will either get paid for every point his favorite team covers the point spread or, he will be charged for every uncovered point spread. This type of bet can only be played on a point spread and specifically available for football and basket ball.

Consider an example:

• Eagles 187

• Hawks –5

Now if the wagerer bets $100 a point the Eagles with a cap of 10 points. Then the Eagles have to win by at least 5 points, and the wagerer will get $100 for every point over the point spread of 5. Conversely, if the Eagles do not cover the point spread, the wagerer will have to pay $110 for every point that they lose of the 5-point spread.

Moneyline Bet

 

“Money line” is a bet which is exclusively on the result of the game, regardless of the spread. The money line generally indicated by the word “even” and can either be a positive or negative number. But usually the negative number represents favorite team. It represents the placed odds, and is always based on $100. This will be paid to the winning team.

Suppose two teams; Georges and Jacks are listed at:

• Georges –250

• Jacks 200

The negative (–) sign opposite to Georges, indicates it as the favored team to win. Here the wagerer will win $100 for every $250 bet on Georges. If the bet is on the Jacks, wagerer would get $200 for every $100 bet.

Parlay Bet

When a wagerer bets on ‘parlay’, he bets on two or more games together in one bet. Parlay offers a great benefit to its wagerer by giving a high return for a comparatively low investment. A ‘four-way parlay’ or more parlay indicates the number of involved games in the bet. It also indicates how high the payout will be. The more the number of involved games, the higher the payout will be.

Suppose a wagerer placed a four-way parlay on the Tigers, Jupiters, Leopards, and Rockers. If all the three teams win, the wagerer will get $400 for every $100 bet. But incase if any one of these teams loses the game, the wagerer will lose his parlay bet.

Point Spread Bet

‘Point spread’ is the bet where there are two teams; one team with a negative (–) number and the other with a positive (+) number. The negative number indicates the favorite team, whereas the positive number is for the underdog team.

Now, suppose there are two teams, Arizona and San Francisco which are listed at:

Away Home

• Arizona –8.0 –120

• San Francisco +8.0 –120

In the above example, “–8.0” is opposite to the Arizona which clearly indicates that they are the favorite. If the bet is on the Arizona to win, they must win by more than three points. Here San Francisco are the underdog as the “+8.0” points are opposite to it. So, if the bet is on the San Francisco to win, they must either win, or not lose by more than ‘8’ points. Here, the second number opposite to each team is showing the payout of the winning bet. This means that a winning wagerer will get $100 for every $120 bet. The bet will be fallen on the spread, if Arizona wins by exactly “8” points. In this case, all bets will be canceled and the stakes will be returned.