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Straight Bets
In this kind of bet, the team you wager
on must win by the point spread given at the time of the wager.
The odds are $1.10 to win $1.00 (-110) unless otherwise indicated.
Due to changing events, the point spread may fluctuate at any
time.
For example, let's say you wager $110.00
on Miami -7 to beat Buffalo +7. If Miami wins by more than 7 points,
then you win $100.00. Therefore, the total payout including the
initial bet, would now be $210.00. If Miami only wins by 7 points
then the game is considered "no action" and all money
is returned to you. If Miami wins by less than 7 points, then
the wager is lost.
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Totals (also known as Over/Under bets)
If you make this bet, you must lay $1.10
to win $1.00 on whether the actual combined scores of two teams
will either be over or under a certain predetermined number, called
the total for the game.
For example, let's say you lay $220.00
on the OVER in the Miami vs. Buffalo game. The total for the game
is set at 45. If both teams' combined score is more than 45, then
you win $200.00. If the combined score is equal to 45, the game
is considered "No Action" and the money will be returned
to you. If the combined score is less than 45, then you lose the
wager.
Of course, if you lay $220.00 on the UNDER
in that game and the combined score is less that 45, then you
win.
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Money Line Wagers
If you make this football wager, then the
team you 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.
For example, let's say you wager on Miami
-160 at Buffalo +260. If you laid $160.00 and Miami wins, you
win $100.00. If you laid $100.00 on Buffalo, then you win $260.00.
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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.
All wagers must go the full half for action
(first-half and second-half). All half-time wagers are calculated
the same as a straight wager unless otherwise indicated. There
are no teaser plays or buying of points on half-times. On half
time wagers the overtime period is included as part of the 2nd
half.
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Parlays (also known as Multiples)
A parlay 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, the parlay reverts down
to the next lowest number for payoff.
For example, if you select 4 teams, and
one ties, the parlay becomes a three team parlay. For a 2-team
parlay -- a tie and win becomes a straight bet (-110) payout.
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Teasers
A teaser is a selection of two or more
teams in one wager in which the point spread is adjusted in the
bettor's 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. For example a tie on a three team teaser becomes a two
team teaser.
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Futures and Propositions
Future wagers are based on the outcome
of events that happen each year. All wagers are final. There will
be no payouts until the conclusion of the specified season.
Proposition plays are wagers based on the
outcome of events. Odds change daily and all wagers are considered
action for the odds quoted at the time of the wager.
In the event that the selection (person,
team, or other) the wagerer bets upon does not participate in
the game/event due to injury, etc., no refunds are usually made.