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Fooball Betting Guide
Before betting on football or gambling on any sport, it's important that you have a complete understanding of the "rules of the road". That is, make certain you know the various types of wagers available and understand how each of them pays out. Read on for a complete description of pointspread college football betting, moneyline wagering, parlays, teasers, and more!
Point Spread Wagers - Straight Bets
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 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.
Example: Player wagers $110.00 on Tennessee -7 to beat Georgia +7 If the Vols win by more than 7 points the player wins $100.00 so the total payout including the intial wager would be $210.00. If Tennessee only wins by 7 points then the game is considered "no action" and all money is returned to the bettor. If the Vols win by less than 7 points the wagers is lost.
Totals (aka Over/Under)
The combined score of both teams for games wagered on, all totals lay $1.10 to win $1.00 unless it is otherwise indicated.
Example: The player lays $220.00 on the OVER in the Tennessee/Georgia game. The total for the game is 45. If both teams' combined score is more than 45 than the player would win $200.00. If the combined score is equal 45 the game is concidered "no action" and the money is returned. If the combined score is less than 45 then the wager is lost.
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.
Example: The player wagers on Tennessee -160 at Georgia +260. If the Vols win then the player would lay $160.00 to win $100.00. If the player bet on Georgia then the player would lay $100.00 to win $260.00
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 pointspread, a moneyline, or a combination of the two, but the wager applies only to the score of the halftime period specified.
Parlays (aka 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'
Example:
Player wants to make a 5 team parlay:
Tennessee -7
Notre Dame +3
Texas -4
Texas A&M -10
Florida State -8
If all these games win then the player would have won at 20-1 odds. If only 1 team loses then the entire parlay loses. Parlays are a very exciting way for the sports betting 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 betting just $250 on the parlay combinations.
Typical Parlay Net Winnings for a $250 bet:
2 Teams = $650
3 Teams = $1500
4 Teams = $2500
5 Teams = $5000
6 Teams = $10,000
7 Teams = $18,750
8 Teams = $37,500
9 Teams = $75,000
10 Teams = $175,000
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 betting bracket. (Example: A tie on a three team becomes a two team teaser.)
Typical Teaser Net Winnings for $250 bet: 6 pts 6.5 pts 7 pts
2 Teams $227 $208 $192
3 Teams $450 $400 $350
4 Teams $750 $625 $500
5 Teams $1125 $1000 $875
6 Teams $1500 $1375 $1250
Futures
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.
Proposition Bets (aka Exotics)
Simply put, Proposition/Exotic Bets may generally be considered as any wager other than a straight "side" or "over/under" wager. More specifically, these wagers usually involve specific events and occurrences that happen throughout any given game. We have listed some examples for you below. Props/Exotics will be offered on the more marquee games on the betting menu. These include, but are not limited to, Sunday and Monday night NFL games, various NCAA Football games, major Bowl games, and most Playoff and Championship games. There are also many other miscellaneous events that Props and Exotics will be offered for.
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