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Wager Guide
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BETTING BASICS
Sports gambling is a game of skill. The challenge is to
gather and analyze as much information as you can about a game, weigh
the probabilities of each team winning, and compare your opinion to the
oddsmaker's opinion. Make the right judgment and you win, its as simple
as that. You can be lucky sometimes but good and bad luck will balance
out in the long run. Being a consistent winner in sports betting is not
about luck but whether you invest the time and effort to become
knowledgeable about the sports you bet on and if you have the
discipline to do the right thing. In sports betting it is not you
against the sports book, it is you against the oddsmaker. The bookies
are acting simply as a middle-man who operates on a small profit
margin. The books would like to see the betting balanced, half on one
team and half on the other, assuring them of a profit.
The person you
are attempting to beat in this game is the oddsmaker and his views on
each team's chances. Just by flipping a coin you will be right 50
percent of the time. At odds of 10/11 only 52.4 percent of your bets
have to win for you to overcome the bookmaker's profit and break even,
so you only need a very small edge to be a winner. Do your homework,
bet selectively and 53 percent winning bets is definitely achievable
and 55-65 percent is a realistic target.
STRAIGHT BET
The most common type of sports wager is on the result of a
single game, known as a straight wager. One team is typically favored
over another by a pointspread; the favorite gives the underdog points
as a head start. The favorite is always indicated by a minus sign (-3)
and the underdog by a plus sign (+3). The amount of points a player
must give or take is estimated to be the amount which will generate
equal wagering on both the underdog and the favorite and not what the
oddsmaker feels will be the actual difference in the score. A favorite
must not only win but win by enough points to cover the spread. A
favorite can win the game but lose ATS and an underdog can lose the
game but win ATS. In most straight bets which are set by a pointspread,
the player lays $11 for every $10.
For example, the Detroit Pistons may
be favored by 7 points over the L.A Clippers. A player who bets on
Detroit must give L.A. 7. If Detroit wins by more than 7 points then
the Detroit bettors win $10 for every $11 risked. If Detroit wins by
less than 7 points or loses outright, then it is an $11 loss for
Detroit betters.. On the other side, in order for the L.A. bettor to
win, the Clippers must win the game outright or lose by less than 7
points.
TOTAL SCORE
A sports gambler can also bet whether the combined number
of points or goals scored by the two teams in the game will be over or
under the total set by the oddsmaker. You risk 11 to win 10 for most
total bets. For example, if the total is 37 and you believe that the
combined points scored by the two teams will exceed that number, you
would bet over. You would bet under if you believe the total points
score will be less than 37. You can bet totals in every sport.
MONEYLINE
A bet on a matchup between two teams may be set by a
moneyline instead of a pointspread. If a matchup is determined by a
moneyline, like Major League Baseball, then it will cost the player
more to win less on the favorite and less to win more with the
underdog. For example, the Cleveland Indians are a -150 favorite over
the S.F. Giants. If you take the Indians you must lay $150 if they win
the game outright you win $100. If Cleveland loses, the loss is $150.
If you bet the underdog Giants, the risk is $100 in order to win $140
(10 cent line). If S.F. loses, the loss is $100. If S.F. wins, the
payoff would be $140. Moneyline betting is available in every sport.
PARLAY
A parlay is a bet on two or more teams or selections. The player
can combine different sports, pointspreads and moneylines. In a parlay
your original stake and winnings are re-invested on the next game and
all selections must be correct - one loss and your parlay loses. In the
event of a push (tie), game cancellation or a pitcher that you have
specified not starting, the parlay reduces to the next lower number
(e.g. a 4-team parlay becomes a 3-teamer). A winning parlay pays off
many times the initial bet. Parlays are available in all sports.
TEASERS
A teaser is a bet on two or more teams or selections. The
difference between a teaser and a parlay is that in a teaser you adjust
(tease) the pointspread in your favor. For example, if you want the New
York Giants who are favored by 7 points in one game and the Chicago
Bears who are favored by 10 points in a second game, a 6-point 2-team
teaser would adjust the point spread 6 points in your favor, making New
York favored by 1 point and Chicago favored by 4 points. Both teams
must win or the entire bet is lost. A tie, or push, in a three or more
team teaser will reduce the wager to the next lowest level (a 5 team
teaser with a push becomes a 4 team teaser). Teasers are normally
available on football and basketball games only.
FUTURES
A future bet is a wager on an event or outcome that will
be determined sometime in the future, such as betting a team to win
over or under a total number of games or a bet on a specific team to
win the Super Bowl. Futures odds change continuously throughout the
season, but you get the odds in effect at the time you bet.
BUYING POINTS
You can move a point spread up to three points in your
favor but you usually have to pay an extra 10% for each half point that
the line is moved. This is especially helpfull in getting on or off key
numbers in football. For example, if the team you like is a 3.5 point
favorite you would lose if your team wins on a field goal kick. So
buying the half point saves a loss and forces the push.
ROUND ROBINS
A Round Robin is a time saving tool for the parlay bettor.
A Round Robin is simply a series of parlays. If for example you had
eight teams you liked, and wanted to make every combination in a 2-team
parlay, you would have to enter 28 seperate two team parlays. With a Roundy you select your
eight teams and click Round Robin by 2's. You can Roundy your
parlays by 2-, 3-, 4-, 5-, and 6's. If you play parlays the
Round Robin is a great shortcut.
In depth strategy for all of these
bets available in the members area.
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Trendbetting
Nuetral Zone
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In sports gambling
you win with
Bet On Trends.
Bet Against Trends.
(Nuetral zone teams are
a crap shoot)
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