Sportsbook Review

Betting Rules: thepointspread

 
 

There have been 23 changes from Tuesday, September 29, 2009 to Tuesday, June 9, 2009. – Back to Betting Rules Home

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Sportsbook

Available Wager Types
1 Straight Wagers
2 Point Spread Wagers
3 Over/Under Totals
4 Combinations Wagers (Parlays)
5 Teaser Wagers
6 Futures, Propositions and Special Wagers
FAQ
1 How do I place a single wager?
2 How do I place a combination wager?
3 How do I place a teaser wager?
4 How are my winnings calculated?

Available Wager Types

Straight Wagers
This is a wager that requires your selection to win outright. The odds are determined by what is called a money line or price. A money line is represented by a number preceeded by either + or a such as 110. A price is the same money line converted into a decimal such as 1.91.

European Wagers Straight Wagers
These wagers require you to pick the outcome of an event. Your selection must either win, lose or draw for your wager to win. Selections in these wagers are accompanied by a price only such 1.91.

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Point Spread Wagers
Your selection has to win by more than (or lose by less than) the adjusted line.

Example:

Team Spread
Miami -3.0
Green Bay +3.0
  • If you select 'Green Bay Packers + 3.0', the Packers must win the game or lose by less than 3 points.
  • If you select 'Dallas Cowboys - 3.0', the Cowboys must win the game by more than 3 points.

In point spread betting, the odds are always -110 (or 1.91) meaning you win $100 for every $110 bet. If the game ties on the point spread, i.e. neither team wins or loses by the specified amount, the bet is cancelled and the wager is returned.

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Over/Under Totals
You can bet on the total score of the game. You can bet the final combined score of the two participating teams will be over� or under� a specified total. Over/Unders are always 110 unless otherwise noted.

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Combinations Wagers (Parlays)
By combining different wagers from different sports you can increase your potential payout. All of your selections must win for a combination wager to win. Any ties take that game off of your combination and reduce your combination by one, which in turn will reduce the pay out. If your combination is reduced to a single game, that wager will be played as a regular, single selection wager.

The bet price is calculated by multiplying the individual prices of your selections. All your selections must win for the bet to pay out.

Example:

Team Spread
Miami -3.0
Green Bay +3.0
Dallas +6.0

The price for this combination bet would be 6.96 (1.91 x 1.91 x 1.91). In other words, for a $10 bet, your return would be $69.60.

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Teaser Wagers (Football or Basketball)
A teaser wager allows you to make a combination bet on football or basketball with the point spread adjusted or teased� in your favour. In football you can adjust the point spread of your selections by 6, 6.5 or 7 points. In basketball, point spreads can be adjusted by 4, 4.5 or 5 points.

All of your selections must win for a teaser wager to win. Any ties take that game off of your combination and reduce your combination by one, which in turn will reduce the pay out. If your teaser is reduced to a single game your teaser wager will be cancelled and your wager will be returned.

There are also two special teaser wagers called Sweetheart Teasers�. These are always 3 team teasers where ties lose. You must win all three games in order for your teaser to win. If football the Sweetheart Teaser� gives 10 points while a basketball Sweetheart Teaser� adjusts your line by 7 points.

Example:

Team Spread 6.0 6.5 7.0
Miami -3.0 +3.0 +3.5 +4.0
Green Bay +3.0 +9.0 +9.5 +10.0
Dallas +6.0 +12.0 +12.5 +13.0

In the example above, if you picked Miami in a 6 point teaser you would get Miami at +3.0 points instead of -3.0 points. So if Miami won the game or lost by up to 2 points that part of your teaser bet would win. A 6.5 or a 7 point teaser would give you Miami at +3.5 and +4.0 respectively. If you picked Dallas, you could move their point spread to +12.0, +12.5 or +13.0.

Teaser Prices (Basketball/Football)

# of Teams 4/6pt 4.5/6.5pt 5.0/7pt 7.0/10.0pt
2 teams 10/12 (1.83) 10/13 (1.77) 10/14 (1.71) N/A
3 teams 8/5 (2.60) 7/5 (2.40) 6/5 (2.20) 10/12 (1.83)
4 teams 5/2 (3.50) 2/1 (3.00) 9/5 (2.90) N/A
5 teams 4/1 (5.00) 7/2 (4.50) 3/1 (4.00) N/A
6 teams 6/1 (7.00) 5/1 (6.00) 4/1 (5.00) N/A
7 teams 9/1 (10.00) 8/1 (9.00) 7/1 (8.00) N/A
8 teams 14/1 (15.00) 12/1 (13.00) 10/1 (11.00) N/A

* Decimal prices (which include your wager) are in parenthesis.

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Future Wagers
Future wagers are bets that you make on events that will happen in the future. An example would be betting on an NFL team to win the Superbowl before the NFL season begins. The bets list all applicable participants and the odds are either displayed as a fraction or as a price.

Propositions and Special Wagers
Proposition and special wagers are all other wagers that are not covered by the other wager types. This includes wagers such as golf match-ups, individual player wagers and other types of bets. Propositions and special wager odds are displayed as either a fraction or as a price.

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How do I place a single wager?

Schedules and odds are posted for all events on which live betting is available. You can add a single wager by clicking on the Bet� symbol next to your selection. This will add your selection to the bet card. Enter the wager amount on your bet card and click on 'Place Bet' to submit your bet. Your bet is recorded and your wager will be instantly deducted from your account. When the outcome to your best has been resolved (the game has been played) any winnings will immediately be added to your account.

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How do I place a combination wager?

You can combine any selections that are available onto one betting card, up to a maximum of 10 selections. You do this by choosing one event at a time by clicking the Bet� symbol next to your selection. This will add your selection to the bet card. You can now add a second selection to the bet card by adding another selection from the same sport or by going to a new sport and adding another selection.

Once you have more than one selection on a bet card, your bet price will begin to increase as you add multiple wagers.

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How do I place a teaser wager?

Your teaser selection must be from either football or basketball point spreads or over/unders. The sports can not be mixed. Click on the Bet� symbol beside your selections to add them to your bet card. Once you have 2 selections that qualify for a teaser wager, the teaser menu will pop up. At that time you can choose what type of teaser you want (e.g. 7 Point Teaser). Enter the wager amount on your bet card and click on 'Place Bet' to submit your bet.

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How are my winnings calculated?

When you add selections to your Bet Card, the potential payout for your bet is calculated and displayed for you automatically. Here is how the calculation is determined:

The decimal price that we display is the price you get for the outcome of your event. This price includes your bet amount. Your winnings are calculated by simply multiplying your bet amount by the displayed odds. For example:

Place a $100 bet at a price of 3.5

Your return would be:
$100 x 3.5 = $350

On North American Sports, the equivalent 'cents line' or money line� is also displayed. With a 'positive' money line, which indicates the underdog, for every 100 cents you bet, you receive the amount displayed plus your bet amount. For example:

Place a $10 bet at a cents line of +130 (decimal price of 2.3)

Your return would be:
($10 x 130 cents) + $10 bet amount = $23 (= $10 x 2.3)

With a 'negative' cents line, which indicates the favourite, for every 100 cents you wish to win, you need to bet an amount equivalent here to the displayed lineproceed. For example:

Place a $12 bet at a cents line of 120 (decimal price of 1.83)

Your return would be:
$100 + $12 bet amount = $22 (= $12 x 1.83)

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