Sports betting 101 book

Conversely, the plus sign on a ML bet indicates the underdog. Sportsbooks are willing to pay out more for the less-likely outcome. In our example, the Brooklyn Nets are the underdog, and the payout will be more than what you initially invested should the Nets win the game.

According to the oddsmakers, this is a bet that you are less likely to win, so if the Nets win, the sportsbook will pay you 1. Now, let's say our college roommate is a Philadelphia 76ers fan. In summary: betting the team SU is type of ML bet. The bet offered here is simple. Do you think the total points scored in this game will be more or less than But, wait! Imagine if they had set the points total and , and the game finished at exactly No one would win, including the sportsbooks! In that center box, underneath the points total, you see another one of those triple-digit minus signs.

This time, both sides of the bet are offered at This represents Vegas thinks this game could go either way: over or under You expect them to win this one with an explosive offense, and you expect a lot of points in this game.

She takes the under on the points total for the same odds. In this case, you can add 4. For example: If the final score of the game is Brooklyn , Philadelphia , as far as the sportsbook is concerned, Brooklyn actually scored Want to know if betting is legal in your state? Let's say you are watching the San Francisco 49ers against the Los Angeles Rams and want to place a bet on the game.

How to Select Bets Click on any of the buttons in the betting module to select the bet you want to get started. Moneyline The odds of selecting a team to win the event based on the strength of the matchup. Point Spread A point spread is used to make the matchup between two unbalanced teams more even.

Pregame Odds The odds available to bet before the event begins.

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A second-half wager basically resets the game at for betting purposes. Half-time wagers include all play involved in overtime games. Once the first- half has been completed, all wagers on the first half will stand regardless of the length of the remainder of the game. Wagers on the second half will be decided based on points scored in the second half.

If the entire second half is not played to its completion, all second-half wagers will be refunded. Wagering on Quarters: Wagering on any specific quarter will be decided based on points scored in that specific quarter only. All specific quarters must be played to their completion or the wager will be refunded.

Fourth quarter wagers do not include overtime periods unless stated otherwise. Off the Board Parlays for all sports : These wagers are calculated using true odds payoffs. If you bet four teams off the board and all of them are listed at , your payout would be Football and Basketball Teasers: A wager that improves the point spread, but at reduced odds.

We offer 6, 6. This increases the probability of winning your bet but decreases the odds of the parlay. The following table lists the teaser payout odds: Football Parlay Cards: Combining several teams into a single bet is known as a parlay.

There are usually several types of parlay cards to choose from every week including a point spread, teaser, super teaser and straight-up no point spreads card. The following are the parlay card payout odds: The Sky Ute SportsBook offers several different parlay cards, each one having different rules.

Rules for parlay cards are placed on the back of each card. Read them carefully before wagering. The cards are simple to fill out. Simply darken the boxes, or circles, that apply to the teams you wish to parlay. Then darken the amount you want to bet. Half-Point Purchases: Half points are offered on games at the sole discretion of the SportsBook management.

Half points cost 10 cents, which means that if you buy a half-point, your bet will cost you instead of Buying a half point off, on to or through the betting lines of 3 or 7 in football costs an additional 20 cents in pro football and an additional 15 cents in college football. Props: Football props, sometimes called propositions, are frequently offered. They offer unique ways of wagering on games or seasonal records. Prop bets are frequently offered on such categories as passing yards, total completions, rushing yards and receiving yards, just to name a few examples.

Prop bets are settled by the official league box scores. Many prop bets have qualifications or limitations on the bets. Be sure to read the terms of the props carefully. As an illustration, let us look at Super Bowl futures. For example, the Broncos may be , the Texans , the Browns , etc.

It does not matter whether your team covers the point spread in the Super Bowl. For the purposes of future book betting, the team must win only the Super Bowl. Futures Cont. The Sky Ute SportsBook offers futures betting on unusual propositions, such as which pro baseball player will hit the most home runs in the regular season. Note that in this type of wager, all bets are action regardless of injuries or other unforeseen events.

This type of wager is typically found on pro football, pro baseball, and pro basketball. If they win exactly 93, the bet is a push and tickets are refunded. Baseball Sports Betting To bet on baseball, tell the ticket writer the bet number of the team you wish to bet and the amount you wish to wager.

If your team wins the game, you win. The payout varies according to the odds posted. Money Lines change constantly. The listed Money Line at the time you make your bet may be different from the Money Line when the game starts. The listed line on your ticket is your official odds. Home team is leading instead of wins. Total: Total runs scored in a game. You may wager that the total score of the game will be more or less than the number listed.

It makes no difference which team wins. Simply add the final scores of each team. The favorite must win by 2 runs or more, or the underdog must either: a. Win the game. Must lose by only one run. The payout varies according to the Money Line odds assigned to each outcome.

See House Rules for all official rules concerning baseball. There are additional provisions for rain delays, game suspensions, extra innings, and double headers. First Five Inning Wagers: You may wager on the outcome of the first five innings only. There must be five full innings of play for action. Baseball Parlays: You may combine several teams into one wager. All teams must win to win the bet. Baseball parlays are figured out by calculating the payout for the first game, based on the money line, then applying that amount to the next game, and so-forth.

If a game is postponed for any reason, the parlay reduces by one team. The bet is treated as if the postponed game were never included in the parlay. Basketball Sports Betting To bet on basketball, tell the ticket writer the bet number of the team you wish to bet and the amount you wish to wager. For wagering purposes US pro basketball results are official after 43 minutes of play. In this example, if you bet the Warriors, the Warriors must win by 4 points for you to win your bet.

If you bet the Sixers, any of the following will declare you a winner: a. The Sixers win the game. The Sixers lose the game by less than 3 points. If the Warriors win by exactly 3 points, then the wager is declared a push and all money is refunded to both sides of the bet. The listed point spread the time you make your bet may be different from the point spread when the game starts.

Basketball Parlays: More than one team on the same bet. You may combine several teams into one wager. Basketball parlays are figured out by calculating the payout for the first game, based on the money line, then applying that amount to the next game and so forth.

Any game that results in a push reduces the parlay one team. A two-team parlay would become a straight bet. Hockey Sports Betting To bet on hockey, tell the ticket writer the bet number of the team you wish to bet and the amount you wish to wager. If your team covers the goal spread, you win.

The Red Wings must win the game by at least two goals to be a winner. If you bet on the Sharks, you win your bet if: a. The Sharks win the game. Betting on the point spread means betting on whether the favorite will defeat the "underdog" by more than the point spread.

When the point spread is 0, it is often shown as "PK" since bettors must simply "pick" the winner of the game regardless of margin of victory. Point spreads are the primary bet type for higher scoring head-to-head sports like football and basketball. The Seahawks are giving up 5 points in our example. So in order to win their bet Seahawks point spread bettors need their team to win the game by more than 5 points.

Conversely, Eagles bettors are getting 5 points. In order for Eagles point spread bettors to win their bets, the Eagles just need to lose by less than 5, or win the game. If the Seahawks win the game by exactly 5 points the result of the point spread addition or subtraction is a tie. Like most other sportsbooks, our point spread bets have a "juice" or "vig" of unless otherwise noted. Scale that up or down as desired.

This is a proposed number of total points scored in the game by both teams combined. Over-under bettors decide whether they think the total points scored in the game will be "over" greater than or "under" less than this figure. In this example, if the Seahawks and Eagles score a combined 51 points or more, bettors who took the Over win their bets.

If the two teams score a combined 49 points or less, Under bettors win. If the total points scored lands exactly on 50 it's a push and everyone gets their bets refunded. Like point spread bets, the juice on totals is unless otherwise noted. Money line bets are all about predicting which team will win the game straight up no point spread involved. Money lines are the primary bet type for relatively low scoring team sports like baseball and hockey, and for head-to-head individual sports like MMA and tennis.