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In this article the from the Sport's Bettor's Resource Newsletter we'll look at the different types of bets that can be placed on sporting events. By far, the highest percentage of bets placed are straight bets, but there are many more opportunities to make money by placing other types of bets, such as money line & teaser bets. At the Sports Bettor's Resource, we are currently working on systems to make use of these other forms of bets, and will be releasing these systems after thorough testing & analysis. STAY TUNED!
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 -110. 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 Cleveland -3 to beat Tampa Bay +3 If Cleveland wins by more than 3 points the player wins $100.00. The total payout including the initial wager would be $210.00. If Cleveland only wins by 3 points then the game is considered "no action" and all money is returned to the bettor. If the Cleveland wins by less than 3 points the wagers is lost.
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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. (see the Pinnacle tip above)
Example: The player lays $220.00 on the OVER in the Cleveland / Tampa game. The total for the game is 38. If both team's combined score is more than 38 than the player would win $200.00. If the combined score is equal 38 the game is considered "no action" and the money is returned. If the combined score is less than 38 then the wager is lost.
Money Line Bets 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 Cleveland -150 at Tampa +130. If Cleveland wins then the player would lay $150.00 to win $100.00. If the player bet on Tampa then the player would lay $100.00 to win $130.00.
Halftime The wager is placed on the odds posted for the first or second half of a game only. All wagers must go the full half for action. All halftime wagers are calculated the same as a straight wager unless otherwise indicated. There are no teaser plays or buying of points on halftimes.
Parlays This is a selection of 2 or more teams (up to 10 teams) or propositions in no particular order. All teams wagered on in a parlay must win. If there is a tie, it reverts down to the next lowest number for payoff.
Example: Player wants to make a 5 team parlay: Oakland -4 Cleveland +5 Tampa -5 Seattle -10 Pittsburgh -6
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.All teams in the parlay must win, if there is a tie it reverts to the next lowest number for payoff. (Example: If you select 4 teams and one ties, it becomes a three team parlay). Tie and win on a two team parlay becomes straight bet (-110).
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.)
Example: For our example, let us say you wish to choose three football teams: Cleveland -6, New York -3 and Pittsburgh +12. The payout of the wager is dependant upon how many points you wish to receive. Let us choose a 3 team 7 point teaser. If we look at the chart below, this wager is listed as 12/10, which means we will win $12 for every $10 that we wager. The point spreads are adjusted as follows
* Cleveland -6 plus the adjusted seven points = +1 * New York -3 plus the adjusted seven points = +4 * Pittsburgh +12 plus the adjusted seven points = +19
Therefore, if each and every one of the three teams wins against the adjusted spread, you win $12 for every $10 you wager.
Teaser Payoffs/Odds for Basketball and Football Football- Points 6 6.5 7 Basketball -Points 4 4.5 5
2 teams 10/11 10/12 10/13 3 teams 16/10 14/10 12/10 4 teams 25/10 20/10 18/10 5 teams 40/10 35/10 30/10 6 teams 60/10 50/10 40/10 7 teams 90/10 80/10 70/10 8 teams 140/10 120/10 100/10 9 teams 200/10 150/10 120/10 10 teams 250/10 200/10 150/10 11 teams 350/10 250/10 200/10
3 Team 10 point Football and 7 Point Basketball Teasers Odds are 10/12 --Ties Lose
TIP: Wagermall is unique to the online betting industry. It is a 12 in 1 Sports Book. You only need to open ONE ACCOUNT BUT CAN CHOOSE FROM 12 DIFFERENT SPORTS BOOKS. This allows you to shop for better lines & odds. Their books have some of best parlay & teaser odds. They even offer "SPECIAL" teasers such as a 4 team 10 point basketball teaser. They are currently offering 30% sign up bonus. Check them out by clicking on pasting the link below into your browser. http://www.paysports.com/paysportsv1/aspx/storeClick.aspx?AID=1251&SBID=17&PID=0
Futures and Propositions Future wagers are based on the outcome of events. All wagers are final. There will be no payouts until the conclusion of the specified event. Odds change daily and all wagers are considered action at the odds quoted at the time of the wager.
Example: Chicago Cubs to win the World Series 50/1 The bettor would lay $10 to win $500. If the Cubs win in October, the bettor wins $500. If anyone else wins, the bettors loses the $10.
Sports Bettor's Resource is dedicated to becoming the number one destination for sports handicappers. We focus on providing our clients with the information & technology needed to generate a consistent profit when wagering on sporting events. Our primary goal is to free to average bettor from having to rely on the so called "experts", and teach them how to generate profits by utilizing our simple, proven & thoroughly tested systems.
Our systems our based on the results of hundreds & thousands of events. Each one is 100% guaranteed. If you are not satisfied with your results we will refund 100% of your purchase price.
Please email me if you have any questions about sports handicapping.
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Article added to SearchWarp.com on Wednesday, February 15, 2006 View other articles written by Harry Bernstein(54)
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