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Football Gambling Wager TypesPoint Spread Gambling 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 end in a 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. Totals The combined score of both teams for games wagered on, all totals lay $1.10 to win $1.00 unless it is otherwise indicated. Money Line Wagers The team wagered on just has to win the game. The amount you lay or take for each game may vary. The money line that is read to at the time of your wager is the money line you keep regardless of any line movement. Halftime Wagers Halftime wagering is simply a wager only on the score of the first, or second half of a contest. The line offered will be a point spread, a money line, or a combination of the two, but the wager applies only to the score of the halftime period specified. Parlays (also known as Multiples or Combos) This is a bet of 2 or more teams (selections) or propositions in no particular order. All teams wagered on in a parlay must win. If there is a tie, or "no action" among the selections made, the parlay reverts down to the next lowest number for payoff. In the case of a 2-team parlay, it will revert down to a straight wager. No parlay bets will be accepted where individual "selections" are connected. For example, you cannot parlay the over of the first half of a football game with the over of the total game, because the two are 'connected' Parlays are a very exciting way for the sports gambling enthusiast to WIN VERY LARGE AMOUNTS OF MONEY WITH VERY LIMITED RISK! Just look at the simple payout chart below to see how much you'll win by gambling just $250 on the parlay combinations. Typical Parlay Net Winnings for a $250 bet:
Teasers A Teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your favor. The number of teams selected and the number of points selected determines the payout odds. A "Tie" or "No Action" and a "Win" on a two-team teaser shall constitute a "No Action" wager. A "Tie" or a "No Action" and a "Loss" on a two-team teaser shall constitute a "Losing" wager. Ties on a three or more team teaser shall revert to the next lowest gambling bracket. (Example: A tie on a three team becomes a two-team teaser.) Typical Teaser Net Winnings for $250 bet:
Future Book Wagers A "futures" wager is a bet placed on an event that is scheduled to occur at some future date. For instance, prior to the beginning of the regular season for each major sport, odds will be established for each team to win their individual division, conference and seasonal championship. Another type of "future" wager that has become extremely popular is the over/under wager for the total number of victories for the entire season for a given team. |
