wagering

bets

bets
act of betting: an agreement that the person who incorrectly predicts the outcome of a future event will forfeit something, usually money, to another
2. amount wagered: the amount of money that somebody agrees to pay as a betShe lost her $10 bet. 3. what somebody expects or thinks: what somebody expects to happen or thinks is trueMy bet is they'll decide to overlook the whole thing.
4. somebody or something likely to win: somebody or something likely to be successful
transitive and intransitive verb (past and past participle bet or bet·ted, present participle bet·ting, 3rd person present singular bets) Definition: 1. risk something of value: to agree with somebody that something, usually money, will be forfeited by the person who incorrectly predicts the outcome of a future event to the other or fails in some other prearranged challengeI bet you $10 you can't lift that rock. 2. think something is true: to express certainty that something will happen, has happened, or is true ( informal ) I bet he's forgotten to bring the keys. [Late 16th century. Origin ?] you bet! used to show emphatic agreement (informal) your best or safest bet the course of action most likely to be productive (informal)
Types of Bets for NFL Games
Straight BetsThe 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 Cleveland -6 to beat +6 If San Diego wins by more than 6 points the player wins $100.00 so the total payout including the initial wager would be $210.00. If Cleveland only wins by 6 points then the game is considered "no action" and all money is returned to the bettor. If the Cleveland wins by less than 7 points the wagers is lost.
Totals (also known as Over/Under bets)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 $110.00 on the OVER in the NY Jets/Dallas game. The total for the game is 45. If both teams' combined score is more than 45 than the player would win $100.00. If the combined score is equal 45 the game is considered "no action" and the money 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 Minnesota +260. If Miami wins then the player would lay $160.00 to win $100.00. If the player bet on Minnesota then the player would lay $100.00 to win $260.00 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 pointspread, a moneyline, or a combination of the two, but the wager applies only to the score of the halftime period specified. Parlays (also known as Multiples or Combos) This 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, or "no action" among the selections made, the parlay reverts down to the next lowest number for payoff. In the case of a 2-team parlay, it will revert down to a straight wager. No parlay bets will be accepted where individual "selections" are connected. For example, you cannot parlay the over of the first half of a football game with the over of the total game, because the two are 'connected'
Example
Player wants to make a 5 team parlay: San Diego -7 Chicago +3 St. Louis -4 New England -10 Cincinnati -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.
Parlays are a very exciting way for the sports betting enthusiast to WIN VERY LARGE AMOUNTS OF MONEY WITH VERY LIMITED RISK! Just look at the simple payout chart below to see how much you'll win by betting just $250 on the parlay combinations.
Typical Parlay Net Winnings for a $250 bet: 2 Teams $650 3 Teams $1500 4 Teams $2500 5 Teams $5000 6 Teams $10,000 7 Teams $18,750 8 Teams $37,500 9 Teams $75,000 10 Teams $175,000 Teasers A Teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your 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. (Example: A tie on a three team becomes a two team teaser.)
Typical Teaser Net Winnings for $250 bet: 6 pts 6.5 pts 7 pts 2 Teams $227 $208 $192 3 Teams $450 $400 $350 4 Teams $750 $625 $500 5 Teams $1125 $1000 $875 6 Teams $1500 $1375 $1250 Future Book WagersA "futures" wager is a bet placed on an event that is scheduled to occur at some future date. For instance, prior to the beginning of the regular season for each major sport, odds will be established for each team to win their individual division, conference and seasonal championship.
Another type of "future" wager that has become extremely popular is the over/under wager for the total number of victories for the entire season for a given team. Proposition Bets (Exotics) Simply put, Proposition/Exotic Bets may generally be considered as any wager other than a straight "side" or "over/under" wager. More specifically, these wagers usually involve specific events and occurrences that happen throughout any given game. We have listed some examples for you below.
Props/Exotics will be offered on the more marquee games on the betting menu. These include, but are not limited to, Sunday and Monday night NFL games, various NCAA Football games, major Bowl games, and most Playoff and Championship games. There are also many other miscellaneous events that Props and Exotics will be offered for.
Examples and Definitions of Common Props/Exotics
Which team will be the first to score?
The team that scores first in the game (touchdown, field goal or other). This bet will be taken off the board for wagering 15 minutes before the scheduled kickoff time because the coin has been tossed and the team who will have the first possession of the ball is known.
Which team will be the last to score?
The team that scores last in the game (touchdown, field goal or other, overtime included).
Will either team score in the first X minutes and XX seconds of the game?
Will the first score of the game be a touchdown (overtime included)?
Will the last score of the first half be a field goal?
Will either team score in the last 2 minutes of the first half?
Will the team that scores first win the game?
Will either team have 3 or more unanswered scores?
Will either team score 3 times without the other team scoring in between (touchdown or field goal, conversions do not count)?
Will the longest touchdown be over or under XX yards?
Will the shortest touchdown of the game be over or under XX yards?
Which half will have the most points scored in it by both teams combined (overtime included in the second half)?
Will the total field goals made by both teams combined be over/under X?
Will Quarterback X throw an interception?
Will the total rushing yards by Running back X be over or under X?
Which team will have the most penalties?
Will the total sacks made by both teams combined be over or under X?
Will the total fumbles lost by both teams be over or under X?
Will the total points scored by a team be over or under X?
Alternate point spread (works exactly the same as the normal point spread). There are many different ways to win money if you know which teams to wager on!! Therefore, it is important that you have a scientific way of handicapping games and that is what the Pro Football Forecast Betting Handicap Software does for you. By analyzing the most important statistical factors that affect a game's outcome, you are able to zero in on the games that show the greatest differential between the point spread and your predicted outcome. These are the games to bet on!
Overview of Bet Types
What Can Be Bet On? Game OutcomesThe most popular sports to bet on are NFL and college football along with NBA and NCAA basketball. There are multiple betting opportunities within those sports, beginning with the basic wager on a game's outcome (also called betting the side). Point spreads are used in both football and basketball in an attempt to even the attractiveness of each team in a match-up. (See our article detailing how and why point spreads are made)
But you could also simply bet on the money line, or straight-up winner of the game.
Oddsmakers use the money line so that more money must be risked on the favorite or expected winner and less money on the underdog to balance the action on both sides. While money line gambling is an attractive option for football and basketball bettors who only care about picking a winner, it is the primary option for those bettors who enjoy wagering on MLB baseball and individual sports like boxing, tennis, golf and racing events such as NASCAR. (More details on playing the Money Line)
Points (or Runs) ScoredAnother bet across all major team sports including football, basketball, baseball, and hockey involves wagering on the amount of scoring in a game, called an Over/Under total. For example, the Over/Under total on Super Bowl XXXIX was 48, which means a bettor could wager whether there would be more or less than 48 points scored by both teams combined in the game.
The final score of Super Bowl XXXIX was 24-21; the scoring of both teams added up to 45, which means the game went Under. So Under bettors won, and Over bettors lost.
Future BetsSports gambling doesn't end there. Betting sides and totals are the most common wagers available everywhere, but many sportsbooks also offer future bets on big upcoming events like who will win next year's Super Bowl and what movie will win Best Picture at the Academy Awards.
The main advantage of futures is that you can get appealing odds by betting far in advance. For example, with NFL futures you often can get much higher odds on a team by betting before the season even starts. A NFL future bet on a team to win the Super Bowl might be 20/1 in the preseason; but by midseason, their odds might decrease to 10/1 if they turn out to be legitimate championship contenders.
Proposition Bets (or Prop Bets)Proposition bets, also known as prop bets, focus upon the more exotic aspects of a game and are generally reserved for events that are widely televised. Prop bets are extremely popular when it comes to wagering on the Super Bowl in Las Vegas . The Imperial Palace Casino's sportsbook is well-known for the enormous number of prop bets offered. For example, you can bet on:
What team will win the coin toss What player will score the game's first touchdown What will be the exact margin of victory Types of Bets Straight BetInvolves one individual wager, whether it be on your team to cover the point spread, to win the game straight-up on the money line, or to go over/under the total.
ParlayA parlay is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay bet is much better odds than placing each individual bet separately since the difficulty of hitting it is much higher.
Standard payoffs on a two-team parlay are 13/5; while a three-teamer pays 6/1; and a four-teamer 10/1.
Parlay cards are also fairly common in sportsbooks and popular with bettors, as they are released early in the week with set odds that do not change in return for a slightly lower payoff.
Round RobinAdventurous bettors who enjoy betting parlays sometimes put together a series of parlays called a Round Robin. A three-team Round Robin consists of one three-team parlay and three two-team parlays. For example, Joe likes teams A,B,C - with a Round Robin he has a three-teamer with ABC, and two-teamers with AB, AC, and BC.
TeaserSimilar to a parlay, a teaser bet is a single bet that links together two or more individual wagers, but is different in that the point spread is adjusted to your advantage on each individual wager. In exchange for the points, you get less of a return on your bet compared to a parlay. For example, a 6-point teaser would move the line on a 7-point favorite from -7 to -1, meaning the team would have to cover 6 less points. Each of the individual wagers must win or the bet is a loss.

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• Bet types, sports action. Learn about parlay cards, prop odds, and proposition bets for college and NFL football, NBA and NCAA basketball. Types of Bets for NFL Games. Straight Bets. Another type of "future" wager that has become extremely popular is the over, uncover the value of future bets available on all major sports, Find Value With NFL Future.
• Bets, Sports Bet Types Explained. Bets, Types & Payoffs. Betting Limits. Betting Totals. Sports book, NFL football bets. Online sports betting, football betting, NFL betting, basketball betting.
• Bet Tips and Bet on sports with a If Bet, Proposition Bets or Prop Bets.Nfl Bets. NFL football player prop bets.

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