Proposition Bet
A “prop bet” is a bet the sportsbook offers at odds and conditions of its choosing. Prop bets can be exotic bets like which team will score the most touchdowns, which team will shoot the most three pointers, which running back will rush for the most yards, etc. Most prop bets are offered at 11-10 odds, but some of the exotics will be offered at better or worse odds, depending on the bet.
Futures
This bet applies to Football, Basketball, Baseball and Ice Hockey. Futures are a single wager on the outcome of an event that will be determined sometime in the future.
For Example:
It might be a bet made at the start of the season on Dallas Cowboys to win the Super Bowl. Futures odds change continuously throughout the season – YOU GET THE ODDS IN EFFECT AT THE TIME YOU BET. Futures bets often attract (high) odds to the bettor. An If Win wager is an excellent choice for money management. You wager a fixed amount on one team if that team wins or the game is tied, then another fixed amount -up to the original amount- shall be placed on a different 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 wager.
If Wagers
If wagers allow the customer to make a second wager pending a win on the first selection. If wagers must be made on one call, and the second part of the if wager cannot exceed the amount of the first selection.
Example: Dallas Cowboys -5 $110 to win $100 IF (if win, tie, or cancel) Carolina Panthers +4 $110 to win $100 If the Cowboys lose, the wager stops there and is scored a loser -$110; if the Cowboys win +$100 the wager continues to the Panthers wager; if the Panthers win, the wager is a $200 winner; if the Panthers lose the wager is a $10 loss.
Reverse Wagers
Reverse wagers are always double action IF bets.
Part A
Cowboys -5 $110 to win $100
IF ( win, tie or cancel )
Dolphins -14 $110 to win $100
Part B
Dolphins -14 $110 to win $100
IF ( win, tie, or cancel )
Cowboys -5 $110 to win $100
If both teams win +400
One win, one loss -120
Both teams lose -220
Push +200
Round Robins
Typically for football and basketball the Round Robin option allows you to select up to 8 teams and produce a series of parlay bets involving a nominated number of teams in every combination. To select this option click the ‘Round Robin’ check box. You will need to also select the number of teams in each parlay. The drop down menu labeled ‘Round Robin teams in each parlay’ to the right of the ‘Round Robin’ check box provides this ability. You need to select one of the following:
3 teams every 2 ways = 3 bets
4 teams every 2 ways = 6 bets
5 teams every 2 ways = 10 bets
6 teams every 2 ways = 15 bets
7 teams every 2 ways = 21 bets
8 teams every 2 ways = 28 bets
4 teams every 3 ways = 4 bets
5 teams every 3 ways = 10 bets
6 teams every 3 ways = 20 bets
7 teams every 3 ways = 35 bets 8 teams every 3 ways = 56 bets
5 teams every 4 ways = 5 bets
6 teams every 4 ways = 15 bets
7 teams every 4 ways = 35 bets
8 teams every 4 ways = 70 bets
6 teams every 5 ways = 6 bets
7 teams every 5 ways = 21 bets
8 teams every 5 ways = 56 bets
7 teams every 6 ways = 7 bets
8 teams every 6 ways = 28 bets
The selected item will indicate to you the number of teams you need to select as well as the number of bets that will be generated. The number of teams you select in the drop down menu must match the number of team selections you check on the betting page, if this does not match then an error message will be produced. The total number of bets will be multiplied by the stake $value you select. This amount will be deducted from your account when the bets are confirmed. Eg. if you select 6 teams every 4 ways this will generate 15 four team parlay bets. If the stake value selected was $10 then 15 x $10 = $150 would be deducted from your account. When you have completed your betting selections click the ‘Add to Ticket’ button. This will add the selections you have made to your ticket.
