Straight

The most common type of sports wager is on the final score of a single game, known as a straight wager. One team is typically favored over another by a point spread; the favorite gives the underdog points as a head start, for betting purposes. The favorite is always indicated by a minus sign (-3) and the underdog by a plus sign (+3). The amount of points a customer must give or take is estimated to be the amount, which will generate equal wagering on both the underdog and the favorite. For betting purposes, the result of the game is determined by taking the actual score and subtracting points from the favorite's score or adding points to the underdog's score. So, a favorite can win the game but lose by not covering the spread and an underdog can lose the game but win it for betting purposes by covering the spread.

Totals

A customer 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. For example, if the total is 42 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 42.

Money Line

A money line is used in addition to or instead of a point spread on a match up between two teams. If a money line, like Major League Baseball, determines a match up then it will cost the customer more to wager on the favorite. For example, the New York Yankees are a -150 favorite over the Colorado Rockies. In this example, the customer must lay $150 in order to win $100. If New York loses, the customer loses $150. However, the customer could bet on Colorado , in which case the customer would lay $100 in order to win $140 (10 cent line). If Colorado loses, the customer only loses $100, and if Colorado wins, the customer would win $140. Most sportsbooks offer both moneyline and point spread options on most sports.

Exotic Sports Wagers

Parlay

A parlay is a bet on 2 or more teams or selections. The customer can combine different sports, point spreads and money lines. 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 3-teams. A winning parlay wager will pay many times more than the initial wager.

 

BIG BONUSES

WORLD HIGHEST PARLAY ODDS # of Teams Standard Payout Max Payout 2 13 to 5 4 to 1 3 7 to 1 12 to 1 4 12 to 1 25 to 1 5 25 to 1 35 to 1 6 45 to 1 60 to 1 7 80 to 1 100 to 1 8 150 to 1 200 to 1 9 300 to 1 350 to 1 10 500 to 1 600 to 1 11 750 to 1 900 to 1 12 1000 to 1 1200 to 1 13 1400 to 1 1600 to 1 14 2200 to 1 2300 to 1 15 3000 to 1 3300 to 1 16 3800 to 1 4000 to 1 17 4600 to 1 4800 to 1 18 5400 to 1 5800 to 1 19 6000 to 1 6300 to 1 20 6800 to 1 7100 to 1 21 7200 to 1 7500 to 1 22 8000 to 1 8100 to 1 23 8600 to 1 8800 to 1 24 9200 to 1 9500 to 1 25 9600 to 1 9999 to 1

LOW JUICE

NORMAL PARLAY ODDS Teams Standard Payout Max Payout 2 13-5 4-1 3 6-1 10-1 4 10-1 24-1 5 25-1 35-1 6 40-1 60-1 7 70-1 100-1 8 100-1 125-1 9 130-1 170-1 10 170-1 200-1

NOTES: In the event that a three-or-more-team parlay results in a tie, it will reduce the wager to the next lowest payoff. For example, a four-team parlay will become a three-team parlay, and a three-team parlay will become a two-team parlay. For wagering purposes, two-team parlays where there is a tie will be paid off at 9/10 odds.

Maximum payouts permitted for parlays are no more than $300,000 USD.

The chart below has details on open spots allowed in our Parlays:

# of Open Spots Allowed in a Parlay
# of Teams	# Open
2T	0
3T	1
4T - 5T	2
6T - 7T	3
8T - 9T	4
10T - 11T	5
12T - 13T	6
14T - 15T	7
16T - 17T	8
18T - 19T	9
20T - 25T	10

In a Parlay, the client may not play both sides of the same game at BetOnline.com. If a client plays both sides of the same game then any winning wagers on the game will be cancelled.

For example:
Denver Broncos 32 1/2
New England Patriots -3

If you play New England Patriots in a parlay, we ask you not to play Denver Broncos in another parlay, likewise if you play over 32 1/2 in one parlay we ask you not to play under 32 1/2 in another parlay.

Combination Baseball Payoffs

 

Decimal Conversion Chart

Because of the moneyline used in baseball, there are no set payoffs for tying a number of teams together in parlays.Payoffs are determined by a simple formula that changes the money line into a decimal number and combines it with the other lines in the parlay.

The first step is to change the money line into its decimal value, use the following chart for this purpose.

-1.05 = .95	-1.45 = .69	-1.85 = .54	-2.50 = .40
-1.10 = .91	-1.50 = .66	-1.90 = .53	-2.60 = .38
-1.15 = .87	-1.55 = .64	-1.95 = .51	-2.70 = .37
-1.20 = .83	-1.60 = .62	-2.00 = .50	-2.80 = .36
-125 = .80	-1.65 = .61	-2.10 = .48	-3.00 = .33
-1.30 = .77	-1.70 = .59	-2.20 = .45	-3.25 = .31
-1.35 = .74	-1.75 = .57	-2.30 = .43	-3.50 = .29
-1.40 = .71	-1.80 = .55	-2.40 = .42

Calculating Baseball Parlays

For each PRICE or ODDS quote on your teams, look at their respective PAYOFFS above (to $1) and always add $1 to these payoffs.

Multiply your BET times the products of these payoffs (+$1) for your parlay return.


Example 1:

Bet $50 on Astros (-150) parlayed to Braves (+130)

BET	X	Astros	X	Braves	=	RETURN
		(-150)		(+130)
$50	X	1.66	X	2.30	=	$191
Return includes Wager amount. $191-$50= $141 profit

Example 2:

Bet $50 on Cubs -175 parlayed to Giants +100

BET	X	Cubs	X	Giants	=	RETURN
		(-175)		(+100)
$50	X	1.57	X	2.00	=	$157
Return includes wager amount. $157-$50=107 profit

Teasers

A Teaser is a bet on 2 or more teams or selections. The difference between a teaser and a parlay is that in a teaser YOU ADJUST (tease) THE LINE IN YOUR FAVOR.

For example:
If New England Patriots are favored by 7 points in one game and the Buffalo Bills are favored by 10 points in a second game. A 6 point two team teaser would adjust the point spread 6 points in the customers favor; i.e. New England would now be favored by 1 point (7- 6=1) and Buffalo would now be favored by 4 points (10-6=4). You could make a 2 Team, 6 point teaser bet with Buffalo and New England. In this example are betting that Buffalo will win by more than 4 points (10-6=4) and New England will win by more than 1 point (7-6=1). In a case of a tie or push in a two team teaser, your wager is refunded. ANY LOSS IN A TEASER CONSTITUTES A LOSS FOR THE ENTIRE WAGER.

A tie or push in a three-to-seven team teaser will reduce the wager to the next lowest level. i.e. a 6 team teaser with a push becomes a 5 team teaser.

 

VEGAS MIXED TEASERS

Football
NFL and NCAA		6 pts	6½ pts	7 pts	7½ pts
Arena, CFL, NFL Europe		6 pts	6½ pts	7 pts
Basketball
NBA		4½ pts	5 pts	5½ pts	6 pts
NCAA, WNBA, WNCAA		4 pts	4½ pts	5 pts	5½ pts
2 Teams	Pays	10 to 11	10 to 12	10 to 13	10 to 14
3 Teams	Pays	3 to 2	13 to 10	11 to 10	1 to 1
4 Teams	Pays	5 to 2	2 to 1	3 to 2	13 to 10
5 Teams	Pays	4 to 1	7 to 2	3 to 1	2 to 1
6 Teams	Pays	6 to 1	5 to 1	4 to 1	3 to 1
7 Teams	Pays	10 to 1	9 to 1	8 to 1	5 to 1
8 Teams	Pays	15 to 1	12 to 1	10 to 1	8 to 1
9 Teams	Pays	20 to 1	15 to 1	12 to 1	10 to 1
10 Teams	Pays	25 to 1	20 to 1	15 to 1	12 to 1
11 Teams	Pays	35 to 1	25 to 1	20 to 1	15 to 1
12 Teams	Pays	50 to 1	35 to 1	25 to 1	20 to 1
13 Teams	Pays	75 to 1	50 to 1	35 to 1	25 to 1
14 Teams	Pays	100 to 1	75 to 1	50 to 1	35 to 1
15 Teams	Pays	150 to 1	100 to 1	75 to 1	50 to 1

* No totals are allow in college basketball

Special Teasers

BetOnline.com clients have the opportunity to enjoy enormous football teasers, where the lines may be moved to their advantage by either 10 or 13 points. The handicapping decisions that you make may now have a comfortable margin of error.

A future bet is a wager on an event or outcome that will be determined sometime in the future. For example, it might be a bet made at the start of the season on Denver Broncos to win the Super Bowl. Future odds change continuously throughout the season - YOU GET THE ODDS IN EFFECT AT THE TIME YOU BET. Future bets often attract (high) odds to the bettor.

If - Win (Single Action)

An If-Win Only wager is an excellent choice for money management. You wager a fixed amount on one team if that team wins the game only, then another fixed amount, up to the original amount shall be placed on your next team. 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 cannot have duplicate teams in the same If Win Tie Cancel.

Example 1	Example 2	Example 3
Rams -7 Win If Win Dolphins -3 Win	Rams -7 Win If Win Dolphins -3 Lose	Rams -7 Lose If Win Dolphins -3 Win
Stake  $110.00	Stake  $110.00	Stake  $110.00
Win    $200.00	Lose   $10.00	Lose   $110.00

If - Win-Tie-Cancel (Double Action)

An If-Bet wager is also an excellent choice for money management. You wager a fixed amount on one team, and if that team wins, ties, or is cancelled, then another fixed amount, up to the original amount shall be placed on your next team. Your first wager must win, tie, or be cancelled in order for you to have action on the remaining wagers. If the first wager loses, there is No Action thereafter. You cannot have duplicate teams in the same If Win-Tie-Cancel wager.

 

Example 1	Example 2	Example 3
Cowboys -7 Win If Win-Tie-Cancel Broncos -3 Win	Cowboys -7 Win If Win-Tie-Cancel Broncos -3 Lose	Cowboys -7 Lose If Win-Tie-Cancel Broncos -3 Win
Stake  $110.00	Stake  $110.00	Stake  $110.00
Win    $200.00	Lose   $10.00	Lose   $110.00

NOTE:
All IF-BETS are IF WIN (Single Action) unless specified as IF WIN-TIE-CANCEL (Double Action).

Reverses

A Reverse wager is the same as two "If Win" Bets. If wager A wins, the bet goes to wager B. If B wins, the bet goes to wager A. If wager A loses, the bet does not go to wager B. If wager B loses, the bet does not go to wager A. If wager A wins, the bet goes to wager B and if wager B loses, the bet does not go to wager A. Standard reverse bets are Double Action; therefore in the event of a tie the bet is still active.

Example 1	Example 2	Example 3
Bills -7 Win If Win Dolphins -3 Win	Bills -7 Win If Win Dolphins -3 Lose	Bills -7 Lose If Win Dolphins -3 Lose
Stake  $220.00	Stake  $220.00	Stake  $220.00
Win    $400.00	Lose   $120.00	Lose   $220.00

Buying Points

You can move a point spread up to three points in your favor. You must pay an extra 10% for each half point that the line is moved. When buying points on or off the point spread of 3, there is an additional 10% vigorish FOR NFL ONLY. Points cannot be bought on money lines or half time point spreads.

# of Points You're Allowed to Buy
1/2 Points	You Lay	6 to 5
1 Points	You Lay	13 to 10
1 1/2 Points	You Lay	7 to 5
2 Points	You Lay	3 to 2

NOTES: Juice is increased whenever a client buys on or off 3 points when wagering on Pro Football.