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Football Betting |
If you"re a novice punter and are feeling a little intimidated by all the columns, graphs and numbers that appeared when you went to the sports wagering section, you"ve come to the right place.
In this guide, we"ll explain the essentially simple ground rules of wagering behind all those facts and figures. Take time to educate yourself on sports wagering and learn how it works.
An understanding of the basics will quickly demystify what had seemed complex and difficult. You"ll be able to bet with confidence and have fun!
US Sports Betting (Football)
Example football line:
| Team | Side | Total | Moneyline |
| Tennesse Titans | +7.0 -1.10 | 42ov -1.10 | +3.00 |
| St Louis Rams | -7.0 -1.10 | 42un -1.10 | -4.00 |
The home team is always displayed on the bottom line, therefore in this example the St Louis Rams are the home team. Tennesse Titans are the underdog, illustrated by the fact that their price on the Side is a plus (+). If the final result, taking in to account any handicaps, is a tie (also known as a "Push"), the bet is considered void and your stake is returned. This rule applies to all the following single US bets. Football wagers use a 20 cent line.
Side wagers
A wager on the Side is a wager to win the game outright. A Spread ("handicap") usually applies to this bet.
Example bet: $100 on the St Louis Rams at -7.0 -1.10
If the St Louis Rams win by 8 or more points, your return would be $190.90 ($90.90 winnings plus your stake returned)
If the final result, taking into account the handicap, is a Push, the wager is void and your stake is returned. Overtime counts for this bet.
Total wagers
With Totals, you can wager whether the combined scores of both teams will go over or under the nominated total (in this example, 42).
Example bet: $100 on the total to go UNDER 42
If the final combined score of the two teams adds up to less than 42 points, your return would be $190.90 ($90.90 winnings plus your stake returned)
If the score falls exactly on the nominated Total this is classed as a Push, therefore the wager is void and your stake is returned. Overtime counts for this bet.
Buying half points
A customer may wish to take a more advantageous number by adding or subtracting ? point from the Spread or the Total.
Example bet: $100 on the Tennessee Titans at +7.0 -1.10, with ? point
The customer buys the ? point for 10c, thereby making the bet: $100 on the Tennessee Titans at +7.5 -1.20.
If the game is a tie, or the Titans lose by 7 points or less, the bets wins and your return would be $183.33 ($83.33 winnings plus your stake returned).
It is not possible to buy ? point on the Spread in the following instances:
- From 3.0 to 2.5 (and vice versa)
- From 3.5 to 3.0 (and vice versa)
- On first half or second half lines of any game
Moneyline wagers
A Moneyline wager is a wager to win the game outright, i.e. with no handicapping. This tends to be a less popular bet than the Side, as the Side usually offers a better value price.
Example bet: $100 on St Louis Rams at +300
If the St Louis Rams win the game, your return will be $400.00 ($300 winnings plus your stake returned).
Total wagers
With Totals, you can wager whether the combined scores of both teams will go over or under the nominated total (in this example, 42).
Example bet: $100 on the total to go UNDER 42
If the final combined score of the two teams adds up to less than 42 points, your return would be $190.90 ($90.90 winnings plus your stake returned)
If the score falls exactly on the nominated Total this is classed as a Push, therefore the wager is void and your stake is returned. Overtime counts for this bet.
Buying half points
A customer may wish to take a more advantageous number by adding or subtracting ? point from the Spread or the Total.
Example bet: $100 on the Tennessee Titans at +7.0 -1.10, with ? point
The customer buys the ? point for 10c, thereby making the bet: $100 on the Tennessee Titans at +7.5 -1.20.
If the game is a tie, or the Titans lose by 7 points or less, the bets wins and your return would be $183.33 ($83.33 winnings plus your stake returned).
It is not possible to buy ? point on the Spread in the following instances:
- From 3.0 to 2.5 (and vice versa)
- From 3.5 to 3.0 (and vice versa)
- On first half or second half lines of any game
Moneyline wagers
A Moneyline wager is a wager to win the game outright, i.e. with no handicapping. This tends to be a less popular bet than the Side, as the Side usually offers a better value price.
Example bet: $100 on St Louis Rams at +300
If the St Louis Rams win the game, your return will be $400.00 ($300 winnings plus your stake returned).
A Note on Centlines
The centline is the American system of prices. The type of centline used determines the difference in price between the favourite and the underdog, and also determines the incremental difference between one line move and the next.
If it is a 20 cent line the favourite is 20 cents more than the underdog
e.g. +1.20 against -140, +140 against -160
If it is a 10 cent line the favourite is 10 cents more than the underdog
e.g. +1.20 against -130, +140 against -150
Futures
This is a bet to predict who will win a championship, or a tournament or a race, where a number of teams are all competing to come first. For example, a bet on who will win the Superbowl. Your bet only wins if your selection takes first place.
Note: US Futures use fractional prices instead of a centline
Example Bet:
2000 SUPERBOWL
| Selection | Tennessee Titans |
| Price | 3/1 |
| Stake | $100 | |
If Tennessee Titans won the Superbowl your return would be $400 ($300 winnings plus your $100 stake returned).
Parlays
Parlay rules
For the purposes of these notes, the following definitions are used:
Fixed odds selections include Side and Totals for NFL, NCAAF, CFL, NBA and NCAAB
Non fixed odds selections include Moneyline selections for the above sports when available, and all selections for MLB and NHL
A fixed odds parlay is a parlay containing only fixed odds selections
A non fixed odds parlay is a parlay containing no fixed odds selections
A mixed parlay is a parlay containing both fixed odds and non fixed odds selections
A favourite is any line with a - (minus) value
An underdog is any line with a + (plus) value
1. For a Parlay to win then all selections must win
2. A Parlay must consist of a minimum of 2 selections
3. The maximum number of teams in a fixed-odds Parlay is 10
4. The maximum number of teams in a non fixed odds or mixed Parlay is 6
5. In a fixed odds parlay, none of the selections can be less than -1.20
6. No more than four underdogs can be included in any one parlay unless they are fixed-odds Side and Total bets
7. Fixed Odds Parlays can include Sides/Totals/Moneylines/Runlines for all sports where available
7.1 Non Fixed Odds Parlays can include Sides/Totals/Moneylines/Runlines where appropriate. You can parlay NFL, NCAAF, CFL, NBA, NCAAB selections with other NFL, NCAAF, CFL, NBA, NCAAB selections. You can parlay NHL selections with other NHL selections only. You can parlay MLB selections with other MLB selections only.
8. In NFL and NBA you cannot parlay the Side to the Moneyline in the same game
9. In MLB you cannot parlay the Runline with the Moneyline or the Total in the same game
10. In NHL you cannot parlay the Side to the Moneyline in the same game
11. Only full game lines may be included in a parlay
12. Circled lines cannot be included in a parlay
13. Futures cannot be included in a parlay
14. If one or more of the selections in a successful Parlay is a Push, then the Parlay is recalculated to the number of choices left. If after pushing the Parlay is reduced to a single game then it becomes a
single wager. If all selections are Pushed, the stake is returned.
Parlay Calculations
Parlay payoffs are calculated by multiplying the payoffs of each individual proposition in the parlay. (See "Calculate your Winnings" for more information on payoffs). Each of your selections within your wager must win, for your parlay to win.
For example, you parlay the following three teams with $100 stake:
| GB Packers | -1.20 |
| Tennessee Titans | +1.40 |
| St Louis Rams | -1.20 |
Your Total Return would be:
1.83 x 2.4 x 1.83 x 100 = $804.00
In other words, a $100 winning wager would return $804 including the stake.
In fixed odds selections where the price on the Side is -1.10 or -1.20, the payout is set according to the Fixed Odds Payoff Chart below.
| No of teams | Odds |
| 2 | 13/5 |
| 3 | 6/1 |
| 4 | 10/1 |
| 5 | 20/1 |
| 6 | 40/1 |
| 7 | 75/1 |
| 8 | 100/1 |
| 9 | 300/1 |
| 10 | 600/1 |
In a mixed Parlay with a single fixed odds selection, the single fixed odds selection is paid out at it"s true line.
Example:
A $100 wager on a four-team parlay of two fixed odds and two non fixed odds sports, where the lines are -1.10, -1.10, -1.20, +1.30
The odds for the two fixed odds bets are 13/5.
The two non fixed lines are -1.20 and +1.30, so the odds on the non fixed part are:
1+(100/120) x 1+(130/100) = 4.209
Multiply this by the fixed odds part of the calculation:
4.209 * (1 + 13/5) * 100 = $1,515.24
In other words, a $100 winning wager would return $1,515.24 including your stake.
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