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Betting
on College Football
Before
betting on college football or gambling on any sport, it's
important that you have a complete understanding of the
"rules of the road". That is, make certain you
know the various types of wagers available and understand
how each of them pays out. Read on for a complete description
of pointspread college football betting, moneyline wagering,
parlays, teasers, and more!
Point
Spread Wagers - 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 Tennessee -7 to beat Georgia +7
If the Vols win by more than 7 points the player wins $100.00
so the total payout including the intial wager would be
$210.00. If Tennessee only wins by 7 points then the game
is considered "no action" and all money is returned
to the bettor. If the Vols win by less than 7 points the
wagers is lost.
Totals
(aka Over/Under)
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 Tennessee/Georgia 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 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
Tennessee -160 at Georgia +260. If the Vols win then the
player would lay $160.00 to win $100.00. If the player bet
on Georgia 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
(aka 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:
Tennessee -7
Notre Dame +3
Texas -4
Texas A&M -10
Florida State -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
Futures
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.
Proposition
Bets (aka 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. |