Straight Bets,
Parlays, Teasers ...
Brief explanation of the different types of bets to wager
on football (NFL).
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 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.
What Is the Money Line?
Like the point spread, the money line is used to equal out
the attractiveness of the favorite and the underdog for the
typical bettor. Money line results are decided by an event’s
straight-up winner, without regard to any point spread,
since there is no point spread. Oddsmakers set the money
line so that more money must be risked on the favorite (the
expected winner) and less money on the underdog in an effort
to balance the amount of bettors to both of the sides of the
sports event.
Examples: The money line is -200 on New England since
they have a better chance to win the game. That means a
bettor would have to wager $200 to win $100.
In the above example, the minus (-) sign in front of the
price means that the New York Giants are the favorites. The
-145 means that the bettor will win $100 for every $145 bet.
If the Giants win the game, a bettor with a $10 bet gets a
return of $16.90 – the original $10 stake, and $6.90 profit.
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 |
Sign Up And Place Your Parlay Or Teaser action Now >>>
Football Teaser Betting
Football Teasers are a popular bet among sports bettors, and
can be a profitable vehicle, if used in the right manner.
First, let's go over what teasers are, and the odds that
reputable bookmakers give their clients.
A teaser is a 2-team (or more) proposition bet where a
player selects multiple teams and is given a certain amount
of bonus points to add to the final score of each game he
selects. To win the bet, a bettor must be correct on each of
the teams selected. If any game loses or ties, the bettor
loses the teaser.
With 2-team teasers, reputable bookmakers will make a player
lay 11-10 for the benefit of adding an extra 6 points to
each of the 2 teams he selects. Please note that the odds
are not 12-10 (or 6-5), which unscrupulous bookmakers (i.e.,
thieves) will make their clients lay. If your bookmaker's
odds are not 11-10, don't be a sucker and play teasers. Just
avoid the bet.
Now, if you have a bookmaker that has 11-10 odds on 2-team,
6-point teasers, then here are the 2 conditions to including
a team in your bet.
First, select only teams that you think will win out right
without the extra 6 points.
Second, and just as important, is to select teams where the
6 point will capture key numbers. Let me explain. In the
NFL, certain numbers end up being the final margin of
victory more than others. The number 3 is by far the most
common number, followed by 7, and then 1, 4 and 6 also are
popular numbers for the final margin of games.
Teasers are advantageous when you can use the extra 6 points
to capture these key numbers.
For example, you can
tease a team that is +2.5 up to +8.5. Then, you capture the
key numbers of 3, 4, 6 and 7. Or, vice versa, tease a team
down from -8.5 to -2.5. Another excellent move is to tease a
team from +1.5 up to + 7.5. Then you capture the key numbers
of 3, 4, 6 and 7 as well.
Of course it follows that teasing a team from -12 to -6
doesn't really accomplish much. You've captured the key
numbers of 7 and 10, but that is really about it. I would
stay away from games in that price range. Also, it's foolish
to tease a team from -3 to +3. That accomplishes virtually
nothing, especially since ties lose.
Finally, don't fall into the trap of finding games which
allow you to capture key numbers that you didn't like at the
initial number. That would be letting the tail wag the dog.
For example, say the
Steelers are playing the Ravens, and Pittsburgh is favored
by 6.5 points. Sure, it would a good play to include
Pittsburgh in your teaser, but only if you think the
Steelers at -6.5. Otherwise, don't do it.
If you follow these simple rules, I believe you can achieve
great profits with teasers.
Typical Teaser Net Winnings for $250 bet:
|
options |
2 Teams |
3 Teams |
4 Teams |
5 Teams |
6 Teams |
|
6 pts |
$227 |
$450 |
$750 |
$1125 |
$1500 |
|
6.5 pts |
$208 |
$400 |
$625 |
$1000 |
$1375 |
|
7 pts |
$192 |
$350 |
$500 |
$875 |
$1250 |
Future Book Wagers
A "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.
NFL Prop/Proposition Bets (Exotics)
A prop or proposition bet is a wager with 2 or more outcomes
that are not directly related to the final score of an
event. One notable characteristic of props is that they are
rarely allowed to be placed in any type of combo bet. Bets
such as these are also called exotics. Most featured props
are usually single bets only
Some examples of NFL proposition wagers are: last team to
score, most passing yards by Tom Brady, total number of
sacks by both teams, will any team score three times in a
row?
Those are a few examples of
NFL proposition wagers that are offered on selected key
games.
Alternate point spread (works
exactly the same as the normal point spread).
