This most common type
of sports wager is based on the results of a single
game. One team is typically favored over another
by a point spread / handicap or a money line.
With the Pointspread or Handicap, the favorite
gives the underdog a number of points as a head
start. The favorite is always indicated by a minus
sign (-7) and the underdog by a plus sign (+7).
The number of points a player must give or take
is estimated to be the number that will generate
equal wagering on both the underdog and the favorite.
For betting purposes, the result of the game is
determined by taking the actual score and subtracting
points from the favorite's score, or adding points
to the underdog's score. So, a favorite can win
the game, but lose it for betting purposes, and
an underdog can lose the game, but win it for
betting purposes.
In most straight bets, which are set by a point
spread, the player must lay $11 for every $10
he/she wishes to win.
For example, the Oakland Raiders may be favored
by 7 points over the Denver Broncos. A player
who wishes to win $10 on Oakland must give Denver
7 points. If Oakland wins by more than 7 points
than the Oakland player wins $10. If Oakland wins
by less than 7 points, or loses outright, then
the Oakland player loses $11. On the other side
of the wager, in order for a Denver player to
win, The Denver Broncos must win the game outright,
or lose by less than 7 points. stake, and $6.90
profit.
More About Straights Betting
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 Miami -7 to beat Buffalo
+7
If Miami wins by more than 7 points the player wins
$100.00 so the total payout including the initial
wager would be $210.00. If Miami only wins by 7
points then the game is considered "no action"
and all money is returned to the bettor. If the
Miami wins by less than 7 points the wagers is lost. |
