TYPES OF BETTING:
Updated: Dec 8, 2022
Straight betting:
A simple straight wager on one selection to win.
Moneyline:
A money line wager is a wager on a specific team or player to win the stated occurrence. The most common Moneyline wager type is on a team or player to win a game but you can also place Moneyline wagers on teams/players to win Quarters.
Spread Betting:
Spread Betting is a wager on the point, goal or run spread. When making a spread wager, the team you wager on must cover/beat the spread. This means the favored team must win by more than the minus spread value.
Proposition Betting:
A proposition wager or “Prop Bet” is a wager on a specific aspect of an event. We offer Player Props and Game Props.
Live Betting:
For most events, wagering is still available even after a game begins. You can usually place most types of wagers right up until the last whistle, referred to as live or in-game wagers. The odds for live wagers continually update as the game progresses.
Hold and Quarter Betting:
Half and quarter wagers only involve the score and player performances of a single half or quarter. The overall game score and stats don’t count, only what happens during the specified portion of the game. The rules can vary depending on the sport in question but for the NFL and NBA Overtime is included in 2nd half-wagers.
Futures:
Futures are wagers on long-term events which generally won’t have a result for many weeks or even months. The most popular type of futures wager is placed on the outright market which basically means, who will win a league’s championship? We offer many other markets outside the championship, usually including divisional and conference wagering. The odds on futures change as the event gets closer and more is known about the teams. Very often odds will also be updated as the tournament or league progresses.
Parlays:
A Parlay is a wager which combines several legs in a wager where
the winnings from each selection roll onto the next.
For a Parlay to be
successful, all individual legs in the Parlay need to be winning selections. In the event of a tie in one of your selections in a parlay, the parlay is
reduced to the next lowest number of teams.
For example, if you have a 4 team parlay and one of the selections is a tie (only on 2 way markets), the leg would be considered a "push". In this instance, the 4 team parlay would then become a 3 team parlay and would be settled at reduced
odds to reflect a winning 3 team parlay.
Round Robins:
A round robin is a simple way to place multiple parlays at once. When
you place a round robin wager, you're placing individual wagers on
every possible parlay combination within the selected wagers. All of the selections in the round robin do not have to win for you to have returns
from the total stake.
To place a round robin, just add three or more selections to your bet slip and go to the "Round Robin" tab. Here, you'll see the wager broken down By 2's, By 3's, and so on. These indicate the number of teams in each
individual parlay you're placing.
For example, if you're betting on teams A, B, and C to win outright, you'll have two round robin options available. Your By 2's option includes all
possible 2-team parlays for these three wagers (A+B, B+C, and A+C). And your By 3's option includes all possible 3-team parlays on these 3 wagers (A+B+C). If you wager $30 on the By 2's option, that money will be split evenly among the 2-team parlays ($10 on each of the 3 wagers).
Teasers:
We offer 6, 6.5 and 7 point teasers for NFL and 6.5, 7 and 7.5 point teasers on College Football. In Basketball, we offer 4, 4.5 and 5 point teasers on both NBA and College Basketball.
A teaser allows the player to add points on an underdog's point spread or subtract points from a favorite. A minimum of two teams must be selected for a valid teaser and all selections must cover the spread for the teaser to win.
In the event of one or more legs being a push that leg(s) is discounted from the wager and if the other legs cover their spreads the teaser will pay accordingly e.g. if you have a three team/ six point teaser and one leg pushes while the others cover then the teaser will be paid out as a two team teaser.
In the event of a push on one leg in a two team teaser, two legs in a three team teaser etc. with the single leg covering then the teaser is considered a push and stakes are refunded.