BET TYPES & PAYOFF
Straights Totals Parlays Teasers
Pleasers R.  Robins If Bets Reverses

 

Straight/Side bets (All Sports)

A straight/side bet  is one of the most common forms of sports betting where you pick which team will win the game.  For baseball, you bet on which team will win the game outright.  For basketball or football there will generally be a point spread as part of the bet.  If the number is positive (+) then you add the points to your team's score.  If the number is negative (-) then subtract those points from your teams score. The side with the higher score after the points are applied is the winner.  For football and basketball the payoff is $100 for every $110 wagered unless otherwise noted.  It is customary that when making a bet that you put up the juice as part of your wager.  Therefore, $110 will be wagered if you specify a $100 straight bet.  For baseball, the payoff is determined by the money line.  If the money line is a negative number then you wager the amount of the money line for each $1 of your bet.  For example, if the money line is -135 then you would wager $135 to win your $100 bet.  If the money line is a positive number then you will wager $100 to win the money line.  For example, if the money line is +125 then you would wager $100 to win $125.

Example

Teams Line Price Total Price
Washington Redskins -7 -110 35 -110
San Francisco 49ers -2 -110 44 -110

 

Bet examples:

Washington Redskins -7  Risking $110. to win $100

San Francisco 49ers -2 Risking $110. to win $100

 

Teams Line Price Total Price
Los Angeles Lakers -17 -110 202 -110
New Jersey Nets +2 -110 185 -110

 

Bet examples:

LA Lakers -17 Risking  $110. to win $100.

New Jersey Nets +2 Risking  $110. to win $100.

Totals (All Sports)

When you bet on totals you are betting on whether the total points scored in the game will be higher or lower than the posted total.  For football and basketball the payoff for a winner is $100 for every $110 wagered unless otherwise noted.  It is customary that when making a bet that you put up the juice as part of your wager.  Therefore, $110 will be wagered if you specify a $100 total bet.  For baseball totals the total points seldom moves.  Instead, line moves are done by applying a money line to the total.

Therefore, your payoff will depend on the money line at the time of the wager.

Example

 

Teams Line Price Total Price
St Louis Rams -11 -110 47 -110
Arizona Cardinals +6 -110 38 -110

 

Bet example

St Louis Rams  over 47  risking  $110 to win $100.

Arizona Cardinals  under 38 Risking  $110. to win $100.

Parlays (Football, Basketball, Hockey, and Baseball)

A parlay is a group of straight bets or totals combined into one bet. For the parlay to win all of the individual parts of the parlay need to win for the parlay to be a winner. You can mix different sports on the same parlay.  Parlay payoffs depend on how many teams are in your wager.  Payoffs for football and basketball are shown in the table below.  If there is a tie in one or more of your individual parts then the wager steps down to the next lower number of teams.  If a 2 team parlay has a tie and a winner then the parlay pays 90% of the straight bet payoff except.  However, when the winner is a baseball bet the payoff is 100% of the straight bet payoff.

Example

You can bet parlays in Football, Basketball, Baseball and Hockey. You can combine multiple sports to make up your 2-6 teams.

Parlays
No. of Teams  Odds Payouts
2 Teams 2.6/1 $100 to win $260
3 Teams 6/1 $100 to win $600
4 Teams 12/1 $100 to win $1200
5 Teams 24/1 $100 to win $2400
6 Teams 45/1 $100 to win $4500

 

Example

 

Teams Line Price
San Francisco 49ers -2 -110
San Francisco 49ers  over 35 -110
Houston Texans -3 -110

 

Customer Bet example

3 team parlay

S.F. 49ers -2 - S.F. 49ers over 35 - Houston -3

  Risking $100. to win $600.

 

Click here to learn how to calculate parlay payouts.

 

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Teasers (Football and Basketball)

A teaser is a group of straight bets or totals combined into one bet.  The difference between a parlay and a teaser is that with a teaser the line you bet against for each individual wager is moved to your favor by the number of points of the teaser.  If the regular line is -6 and you have a 4 point teaser then your line would be -2.  As with a parlay, all of the individual parts need to win for the teaser to be a winner. Teasers are not available for baseball and you can not mix sports for a teaser since there are differing teaser points for football and basketball. Teaser payoffs depend on how many teams are in your wager.  Payoffs for football and basketball are shown in the table below.  If there is a tie in one or more of your individual parts then the wager steps down to the next lower number of teams.  If a 2 team teaser has a tie and a winner then the teaser pushes " No Action".  If a 2 team teaser has a tie and a loser, the teaser loses.

Example

Ties lose on all Teasers except the 2-Teasers where a tie is a push.

You can buy up to 1 full point on 2 Team Football Teasers. The cost is an extra .10 cents per half point.

EX. 2 team 6 Pt. Teaser is 12/10 and a 7 Pt. Football Teaser is 13/10

 

6 Point Football Teasers
No. of Teams  Odds Payouts for a $100 bet
2 Teams 11/10

$110 to win $100

3 Teams 8/5

$100 to win $180

4 Teams 3/1   $100 to win $300
5 Teams 4.5/1   $100 to win $450
6 Teams 7.5/1   $100 to win $750

 

10 Point Football  Super Teaser
No. of Teams  Odds Payouts for a $100 bet
3 Teams 12/10

$120 to win $100

 

Example

 

Teams Line Price Total Price
Washington Redskins +7 -110 35 -110
San Francisco 49ers -7 -110 38 -110
USC Trojans -9 -110 41 -110
Arizona Wildcats +2 -110 51 -110

 

 Bet example:   2-Team  6 point Football Teaser 

Original lines  Washington +7 & San Francisco -7 

Teased Lines Washington +13 - San Francisco -1  

Risking  $110. to win $100.

 

Bet example: 2-Team  7 point Football Teaser 

Original lines  USC Trojans -9  & Arizona Wildcats +2

Teased Lines USC Trojans -9  & Arizona Wildcats +9  

Risking  $130. to win $100.

 

Bet example: 3-Team  10 point Football Super Teaser 

Original lines  USC Trojans -9 , Arizona Wildcats +2 , USC Trojans Under 41

Teased Lines USC Trojans +1, Arizona Wildcats +12 , USC Trojans Under 51  

Risking  $120. to win $100.

 

4 Point Basketball Teasers
No. of Teams  Odds Payouts for a $100 bet
2 Teams 11/10

$110 to win $100

3 Teams 8/5

$100 to win $180

4 Teams 3/1   $100 to win $300
5 Teams 4.5/1   $100 to win $450
6 Teams 7.5/1   $100 to win $750

 

7 Point Basketball  Super Teaser
No. of Teams  Odds Payouts for a $100 bet
3 Teams 12/10

$120 to win $100

 

Example

 

Ties lose on all Teasers except the 2-Teasers where a tie is a push.

 

You can buy up to 1 full point on 2 Team Basketball Teasers. The cost is an extra .10 cents per half point.

EX. 2 team 4 Pt. Teaser is 12/10 and a 5 Pt. Basketball Teaser is 13/10

 

Teams Line Price Total Price
Washington Wizards +7 -110 185 -110
Los Angeles Lakers -7 -110 202 -110
UCLA Bruins -9 -110 141 -110
North Carolina Tar Heels +2 -110 151 -110

 

 Bet example:   2-Team  4 point Basketball Teaser 

Original lines  Washington Wizards +7 - Los Angeles Lakers -7 

Teased Lines Washington Wizards +11 - Los Angeles Lakers -3  

Risking  $110. to win $100.

 

Bet example: 2-Team  5 point Basketball Teaser 

Original lines  UCLA Bruins -9 - North Carolina Tar Heels +2

Teased Lines UCLA Bruins -4 - North Carolina Tar Heels +7  

Risking  $130. to win $100.

 

Bet example: 3-Team  7 point Basketball Super Teaser 

Original lines  Original lines  Washington Wizards +7 - Los Angeles Lakers -7  - UCLA Bruins over 141

Teased Lines Washington Wizards +14 - Los Angeles Lakers -PK -UCLA Bruins over 134 

Risking  $120. to win $100.

 

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Pleasers (Football)

A pleaser is a group of NFL side straight bets combined into one bet.  The difference between a pleaser and a teaser is that with a pleaser the line you bet against for each individual wager is moved against your favor by 6 points.  Pleasers are currently only available on NFL regular season side plays.  Pleasers will not be taken on NFL totals, NFL preseason, or NCAA football at the current time.   If the regular line is –10 and you play a pleaser then your line would be –16.

Example

6 Point Football Pleasers
No. of Teams  Odds Payouts for a $100 bet
2 Teams

6/1

$100 to win $600

3 Teams

17/1

$100 to win $1700

4 Teams

45/1

  $100 to win $4500
5 Teams

120/1

  $100 to win $12000
6 Teams

300/1

  $100 to win $30000

Example

Teams Line Price Total Price
San Diego Chargers +7 -110 185 -110
Oakland Raiders -7 -110 202 -110
USC Trojans -9 -110 141 -110
Arizona Wildcats +2 -110 151 -110

 

 Bet example:   3-Team  6 point Football Pleaser 

Original lines  San Diego Chargers +7, Oakland Raiders -7, Arizona Wildcats +2

Pleased Lines San Diego Chargers +1, Oakland Raiders -13, Arizona Wildcats -4

Risking  $100. to win $1700.

 

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Round Robins (Football, Baseball , Basketball and Hockey)

 

A Round Robin Parlay is a wager in which three to 18 teams or totals are combined into a single play and all possible combinations of two or three team parlays are exhausted.  They are used in all sports except in circled games and there is no buying points allowed.  Because they are turned into 2 or 3 team parlays, the same rules apply as in a regular parlay; for example, if the Round Robin were in 2 team parlay combinations:

 

*The payoff on each 2 team parlay is 5/13, unless money lines are involved.

*If one of the teams loses, all parlay combinations with that team are a loss

*If one team pushes, then all combinations with that team would turn into straight bets. 

Also, whatever the player risks on the Round Robin must be applied to each of the 2 team parlay combinations. You can bet multiple sports in your combinations.

Example

Round Robin. ( A combination of 3-5 different 2-Team Parlays)
No. of Teams  Odds Payouts
2 Teams 2.6/1 $100 to win $260

Example

Teams Line Price Total Price
LA Clippers +7 -110 185 -110
Oakland Raiders -7 -110 41 -110
USC Trojans -9 -110 45 -110

 

Bet example:   3-Team Round Robin distributed in $100 2-Team Parlays 

LA Clippers +7,Oakland Raiders-7 Risking $100. to win $260. 

LA Clippers +7,USC Trojans -9 Risking $100. to win $260. 

Oakland Raiders -7, USC Trojans -9 Risking $100. to win $260. 

Total at Risk $300 to win $780.

 

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If Bets (Football, Basketball, Baseball, and Hockey)

 

An If Bet consists of two straight bets joined together by an IF CLAUSE.  That is, if the customer’s first play is a win or a push, then we process his second wager.  In If Bets the player gets Double Action (wager goes on only if the first one wins, ties or cancels). 

Each of the bets in the If Bet must be for the same amount or less than the first one, he cannot change each subsequent one to a higher amount; however, when you have money lines you have to be careful and see if the customer is taking only dogs, only favorites or a combinations of both.

 

If Bets can be used for all of the four major sports (Football, Basketball, Baseball & Hockey), except circled games; and there is no buying points allowed. The advantage of placing an If Bet is that the customer can make sure to get action on all of the games that he is interested in. Sometimes he will have a pending wager that hasn’t been reconciled and there can be a game going of the board, so if he places an If Bet he will not have any kind of problem whatsoever.

Example

If bets are combinations of 2 Straight Bets/Sidebets. You can use multiple sports in your combinations.

 

If Bets
Combinations  Odds for a $100 Bet
If win or Tie

$110 to win $100

If Win only

$110 to win $100

If Lose or Tie

$110 to win $100

If Lose only

$110 to win $100

Example

 

Teams Line Price Total Price
San Diego Chargers +7 -110 35 -110
Oakland Raiders -7 -110 44 -110
USC Trojans -9 -110 41 -110
Arizona Wildcats +2 -110 51 -110

 

Bet example:   2-Team  If Bet.

If San Diego Chargers +7 Win only Risking $110. to win $100.

Next bet: USC Trojans over 41 Risking $110 to win $100.

 If the first bet is a winner then your second bet will have action.

 

Reverses

 

These are simply two straight bets joined together into If Bets that work in both directions of the if clause, the risk is the same for all the wagers in the reverse, they are used for all the major sports except circled games, and no buying points is allowed.

All reverse bets are double action: the remaining bets in the sequence will be placed if the preceding bet is a win, a “push,” or is cancelled for any reason.  An “if bet” (double action) follows the sequence “if X wins, ties or cancels then Y.” Placing a reverse bet will include that sequence and its opposite:  “if X wins, ties or cancels then Y” AND “if Y wins, ties or cancels then X.” As you can see, a reverse bet contains two “if bet” sequences, and you must lay down or risk an equal amount for each one: an if bet for $110 is $220 as a reverse bet.

A two team reverse bet merely reverses the order of an initial “if bet”; however, if there are three or more teams, then the reverse bet would be broken down or "boxed" into all the possible two team if bets using those three teams and each of those if bets would be reversed. The sequence that would be used would be, as follows:

 If X wins, ties or cancels then Y         If Y wins, ties or cancels then X

 If X wins, ties or cancels then Z         If Z wins, ties or cancels then X

 If Y wins, ties or cancels then Z         If Z wins, ties or cancels then Y

Therefore, a three team reverse is actually going to be six separate if bets, or twelve separate straight bets.  If each of the teams in this reverse were for $100, than the actual amount of money that the customer must risk would be $660, or $110 on each of the if bets, in order to win a maximum of  $1,200.  The more teams selected in the reverse the more possible combinations there will be and the higher the amount of money that must be risked.

Example

Reverses are a combinations of 2 If Bets . You can use multiple sports in your combinations.

Reverses
Combinations  Odds for a $100 Bet
Win or Tie

$220 to win $400

Win only

$220 to win $400

 

Example

 

Teams Line Price Total Price
San Diego Chargers +7 -110 35 -110
Oakland Raiders -7 -110 44 -110
USC Trojans -9 -110 41 -110
Arizona Wildcats +2 -110 51 -110

 

Bet example:   2-Team Reverse

If San Diego Chargers +7 Win only Risking $110. to win $100.

 IF USC Trojans over 41 Win or Tie Risking $110 to win $100.

Risking a total of $220 to win $400

 

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