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Betting Terminology

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 $1.10 to win $1.00. 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 Miami -7 to beat Buffalo +7

If Miami wins by more than 7 points the player wins $100.00 so the total payout including the intial wager would be $210.00. If Miami only wins by 7 points then the game is considered "no action" and all money is returned to the bettor. If the Miami wins by less than 7 points the wagers is lost.

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.

Example: The player lays $220.00 on the OVER in the Miami/Buffalo game. The total for the game is 45. If both teams' combined score is more than 45 than the player would win $200.00. If the combined score is equal 45 the game is concidered "no action" and the mone y is returned. If the combined score is less than 45 then the wager is lost.

Money Line Wagers 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 Miami -160 at Buffalo +260. If Miami wins then the player would lay $160.00 to win $100.00. If the player bet on Buffalo then the player would lay $100.00 to win $260.00

Halftime The wager is placed on the odds posted for the second half of a game only. All wagers must go the full second 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. First half lines are also available.

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:

Miami -7 New York +3 Seattle -4 Denver -10 San Francisco -8

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.

If Bets are a Fantastic Wager Option for those who want to bet more games but don't have enough money in their account.

If Bets allow you to wager on your game of choice and then take those winnings to wager on more games without having to log back into your account throughout the day.

If Bets are especially useful when the window of opportunity to re-bet between games is small, such as on NFL Sundays.

Click here for a useful Flash Tutorial on how to use IF Bets.

For example, you can have a two team If Win Bet for $11 on the Bears and Giants. If the Bears win, you risked $11 to win $10 and now you have another $11 wager on the Giants. If they win, then you win another $10 for a total of $20 in winnings. If the Giants lose, then you lose $1, because you won $10 on the Bears and you lose $11 on the Giants. If the Bears lost, then you lose your original $11 and you have no bet on the Giants.

If Bets and If Action Bet Rules

If - Win/If - Action bets Explained

An If Win bet is an excellent choice for money management. You wager a fixed amount on one team, if that team wins, then the same amount as your original wager is placed on a different team.

Note: Limits are set to the same limits as the total for the event

For example, you can have a two team If Win Bet for $11 on the Bears and Giants. If the Bears win, you risked $11 to win $10 and now you have another $11 wager on the Giants. If they win, then you win another $10 for a total of $20 in winnings. If the Giants lose, then you lose $1, because you won $10 on the Bears and you lose $11 on the Giants. If the Bears lost, then you lose your original $11 and you have no bet on the Giants.

Here is an example of a four team If bet:

Bears Giants Rams Cowboys Grand Total
Risk $11 $11 $11 $11 $11
To Win $10 $10 $10 $10

Scenario One Win Win Win Win
Result +$10 +$10 +$10 +$10 +$40

Scenario Two Win Win Win Lose
Result +$10 +$10 +$10 -$11 +$19

Scenario Three Win Win Lose No Bet
Result +$10 +$10 -$11 +$9

Scenario Four Win Lose No Bet No Bet
Result +$10 -$11 -$1

Scenario Five Lose No Bet No Bet No Bet
Result -$11 -$11

Your first wager must win in order for you to have action on the remaining wagers. If the first wager loses, there is No Action thereafter. You can put as many as 2 to 7 teams in an If Win bet.

How is an If Action Bet Different?

There is a simple difference between an If Win bet and an If Action bet. In an If Win bet your first wager must WIN in order for the next wager to have action. In an If Action bet each wager must WIN or PUSH (tie) in order for the next wager to have action. While the Push will result in neither a win nor a lose for you on that particular game, we will continue on to the next wager in your bet whereas in an If Win bet we would have stopped the bet at the Push.

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 that happen each year. Odds change daily and all wagers are considered action at the odds quoted at the time of the wager.

Circled Game: A game where the maximum bet is restricted, usually due to injuries.

Lines: Another word for odds.

Pick: A game where no team or betting option is favorite.

Pointspread: The handicap, or head start, which the favorite gives to the underdog for betting purposes.

Push: A game which, with the pointspread, is tied or when the combined scores of the two teams ties the total.

Single: A bet on a single result or outcome.

Spread: An abbreviated form of pointspread.

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