Sports Betting - If-win Bets
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If-win bets are based on the results of one particular game. Bettors
wager a fixed amount on one team in an If-win bet. If that team wins or
the game is tied, then another fixed amount - up to the original amount -
is bet on a different team.
Your first wager must win in order for you to have action on the
remaining wagers. If the first wager loses, there is No Action
thereafter. You cannot have duplicate teams in the same If-win wager.
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duminică, 8 aprilie 2012
Sports Betting - types of bets - Payoffs and odds
Sports Betting - Payoffs and Odds
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The payoff for football, basketball, and hockey is $100 for every $110 wagered, unless otherwise noted. Therefore, $110 will be wagered if you specify a $100 straight bet.
At odds of 100/110, only 52.5% of your bets have to win for you to overcome the bookmaker's profit and break even. As a result, the bettor only need a very small edge to become a winner. Some sports bettors win 55- or even 60% or their bets.
Parlay bets are another story. The actual odds of picking two winners is 3 to 1, but a typical payout is 2.6 to 1. This gives the sportsbook a 10% advantage, and that's too much! Worse still, the odds usually get even longer when you add more games to your parlay. In a nutshell, it's best to avoid parlay bets.
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
The payoff for football, basketball, and hockey is $100 for every $110 wagered, unless otherwise noted. Therefore, $110 will be wagered if you specify a $100 straight bet.
At odds of 100/110, only 52.5% of your bets have to win for you to overcome the bookmaker's profit and break even. As a result, the bettor only need a very small edge to become a winner. Some sports bettors win 55- or even 60% or their bets.
Parlay bets are another story. The actual odds of picking two winners is 3 to 1, but a typical payout is 2.6 to 1. This gives the sportsbook a 10% advantage, and that's too much! Worse still, the odds usually get even longer when you add more games to your parlay. In a nutshell, it's best to avoid parlay bets.
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Sports Betting - types of bets - Exotic bets
Sports Betting - Exotic Bets
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Sportsbooks often post odds and accept wagers on a variety of other activities - just to keep life interesting.
For example, you may be able to place a bet on who will win the Presidential race or the Best Actor award at the Oscars. The oddsmaker sets the conditions and odds for these bets.
Many exotic bets are offered at 110 to 100 odds, but some will be offered at better or worse odds, depending on the bet.
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
Sportsbooks often post odds and accept wagers on a variety of other activities - just to keep life interesting.
For example, you may be able to place a bet on who will win the Presidential race or the Best Actor award at the Oscars. The oddsmaker sets the conditions and odds for these bets.
Many exotic bets are offered at 110 to 100 odds, but some will be offered at better or worse odds, depending on the bet.
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Sports Betting - types of bets - Future Bets
Sports Betting - Future Bets
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At the start of a season, the sportsbook will give odds for each team winning the championship (World Series, Stanley Cup, etc.). For example, you might bet at the start of the season that the Detroit Red Wings will win the Stanley Cup.
Although futures bets have considerable juice, occasionally a savvy (or lucky) sports bettor manages to win big with a longshot.
The odds on a team will change as the season goes on, but you get the odds that were in effect at the time you placed your bet.
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
At the start of a season, the sportsbook will give odds for each team winning the championship (World Series, Stanley Cup, etc.). For example, you might bet at the start of the season that the Detroit Red Wings will win the Stanley Cup.
Although futures bets have considerable juice, occasionally a savvy (or lucky) sports bettor manages to win big with a longshot.
The odds on a team will change as the season goes on, but you get the odds that were in effect at the time you placed your bet.
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Sports Betting - types of bets - Teasers
Sports Betting - Teasers
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A teaser is like a parlay, but you can add or subtract points from the spread to make your bets stronger. This is called moving the line. Additional points are either added to the underdog or subtracted from the favorite when betting a teaser.
The odds change according to the number of points the spread is moved and the number of teams combined to form the teaser.
For example, New York might be favored by 9 points in one game and Chicago might be favored by 12 points in a second game. A 6 point teaser would adjust the Chicago point spread 6 points in the customer's favor; i.e. Chicago would now be favored by 6 points (12-6=6).
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
A teaser is like a parlay, but you can add or subtract points from the spread to make your bets stronger. This is called moving the line. Additional points are either added to the underdog or subtracted from the favorite when betting a teaser.
The odds change according to the number of points the spread is moved and the number of teams combined to form the teaser.
For example, New York might be favored by 9 points in one game and Chicago might be favored by 12 points in a second game. A 6 point teaser would adjust the Chicago point spread 6 points in the customer's favor; i.e. Chicago would now be favored by 6 points (12-6=6).
Sports Betting - types of bets - Parlays
Sports Betting - Parlays
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A parlay is a combined bet on two, three, four or more games. You have to win all of your picks to win your parlay. If one of your picks loses, then your whole wager is lost.
If a game is a tie, postponed, incomplete, cancelled, or rescheduled for another date, your parlay is reduced to the next lowest level. That means a three team parlay with a tie becomes a two team parlay, or a two team parlay with a tie becomes a straight bet that is calculated at $10 to win $9.
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
A parlay is a combined bet on two, three, four or more games. You have to win all of your picks to win your parlay. If one of your picks loses, then your whole wager is lost.
If a game is a tie, postponed, incomplete, cancelled, or rescheduled for another date, your parlay is reduced to the next lowest level. That means a three team parlay with a tie becomes a two team parlay, or a two team parlay with a tie becomes a straight bet that is calculated at $10 to win $9.
Sports Betting - types of bets - Total or over/under bets
Sports Betting - Total or over/under bets
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A total wager is a bet on the combined number of points scored in the game by both teams. You can bet on whether the actual number of total points scored is over or under the line posted. The total points scored includes points scored in overtime.
You can also bet whether the combined number of points or goals scored in the game will be over or under the total set by the oddsmaker. For example, if the total is 32 and you believe that the combined points scored will exceed that number, you would bet over 32.
This is really another form of straight bet and the payoff is also $10 for every $11 bet. Again, if the total is exactly on the line, it is a push or tie and your original bet is refunded.
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
A total wager is a bet on the combined number of points scored in the game by both teams. You can bet on whether the actual number of total points scored is over or under the line posted. The total points scored includes points scored in overtime.
You can also bet whether the combined number of points or goals scored in the game will be over or under the total set by the oddsmaker. For example, if the total is 32 and you believe that the combined points scored will exceed that number, you would bet over 32.
This is really another form of straight bet and the payoff is also $10 for every $11 bet. Again, if the total is exactly on the line, it is a push or tie and your original bet is refunded.
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Sports Betting - types of bets - The Moneyline
Sports Betting - The Moneyline
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Baseball games and some other sports events are handled a little differently than football, basketball and hockey. Oddsmakers don't set a point spread for baseball games. Instead, they set a moneyline. The moneyline gives the odds that one team will beat another.
There is a different moneyline total for either side on a moneyline bet, a negative side (the favorite) and a positive side (the underdog). For example, Seattle -170 LA +150 means that Dallas is the favorite and for every $170 you bet on Dallas, you win $100 if they win.
For every $100 you bet on Washington - the underdog - you win $150 if they win. By offering different odds for each team, the sportsbook is able to balance action on both teams.
Here's another example. The Atlanta Braves may be favored over the Chicago Cubs by 150. The customer must lay $150 in order to win $100; if Atlanta wins the game, no point spreads are involved. If Atlanta loses, the customer loses $150.
However, the customer could bet on Chicago, in which case the customer would lay $100 in order to win $150 if Chicago wins the game. If Chicago loses, the customer only loses $100, because Chicago is the underdog.
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
Baseball games and some other sports events are handled a little differently than football, basketball and hockey. Oddsmakers don't set a point spread for baseball games. Instead, they set a moneyline. The moneyline gives the odds that one team will beat another.
There is a different moneyline total for either side on a moneyline bet, a negative side (the favorite) and a positive side (the underdog). For example, Seattle -170 LA +150 means that Dallas is the favorite and for every $170 you bet on Dallas, you win $100 if they win.
For every $100 you bet on Washington - the underdog - you win $150 if they win. By offering different odds for each team, the sportsbook is able to balance action on both teams.
Here's another example. The Atlanta Braves may be favored over the Chicago Cubs by 150. The customer must lay $150 in order to win $100; if Atlanta wins the game, no point spreads are involved. If Atlanta loses, the customer loses $150.
However, the customer could bet on Chicago, in which case the customer would lay $100 in order to win $150 if Chicago wins the game. If Chicago loses, the customer only loses $100, because Chicago is the underdog.
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Sports Betting - types of bets - Straight bet or Single and Point Spread
Sports Betting - Straight Bets and the Points Spread
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Straight bets are the most common sports bets. When you place a straight bet, you simply pick the team that will win or lose the game. But of course you'll also need to consider the point spread or moneyline.
The oddsmaker sets a point spread for football, basketball and hockey games. The point spread is the number of points that the favored team is expected to win by. For example, say the New York Knicks are favored to beat the LA Clippers by a point spread of 7. That means that if you pick the Knicks to win, they have to win by more than 7 points for you to win your bet.
Sports Betting rules: (How to bet, types of bets.)
The basics
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The main object of sports betting is to beat the 'Oddsmakers' or the 'Odds Compilers' and win some money. Additionally, placing a bet on your favorite sport event makes the game exciting and more enjoyable.
Betting is done through Sportsbooks (US) or Bookmakers (UK) entities that accept bets. You can bet on the outcome of several sporting events, such as; Baseball, Basketball, Football, Tennis, Hockey, Snooker and Soccer games.
To place a sports bet, you go to a sportsbook, physical or online. You could also bet over the phone with many sportsbooks. Note that a sports book or sportsbook is not the same as an oddsmaker. The sportsbook simply accepts sports bets. An oddsmaker is a person who sets the betting odds.
You need to state what you are betting on by making a selection, the type of bet and the amount you are wagering. Your selection will obviously depend on the odds offered, so you will want to examine the range of odds available before you make a decision.
There are many types of bets you can place. Some sportsbooks may offer more betting varieties and combinations than others. Below is a list of the more common types of bets.
Bet on Sports Events witn No Deposit Bonus or Best Deposit Bonuses
The main object of sports betting is to beat the 'Oddsmakers' or the 'Odds Compilers' and win some money. Additionally, placing a bet on your favorite sport event makes the game exciting and more enjoyable.
Betting is done through Sportsbooks (US) or Bookmakers (UK) entities that accept bets. You can bet on the outcome of several sporting events, such as; Baseball, Basketball, Football, Tennis, Hockey, Snooker and Soccer games.
To place a sports bet, you go to a sportsbook, physical or online. You could also bet over the phone with many sportsbooks. Note that a sports book or sportsbook is not the same as an oddsmaker. The sportsbook simply accepts sports bets. An oddsmaker is a person who sets the betting odds.
You need to state what you are betting on by making a selection, the type of bet and the amount you are wagering. Your selection will obviously depend on the odds offered, so you will want to examine the range of odds available before you make a decision.
There are many types of bets you can place. Some sportsbooks may offer more betting varieties and combinations than others. Below is a list of the more common types of bets.
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