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College
Football Betting Guide
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. |