Sportsbook
Available Wager Types |
1 |
Moneyline Wagers |
2 |
Pointspread Wagers |
3 |
Over/Under Wagers |
4 |
Buying Points |
5 |
Parlays |
6 |
Progressive Parlays |
7 |
Teasers |
8 |
If Wagers (Win and Action) |
9 |
Reverse Wagers (Win and Action) |
10 |
Asian Handicapping - Soccer |
11 |
Futures, Props and Special Wagers |
FAQ |
1 |
What is a Free Bet? |
2 |
How do I place a single wager? |
3 |
How do I buy points? |
4 |
How do I place a parlay wager? |
5 |
How do I place a teaser wager? |
6 |
How do I create an IF wager? |
7 |
How do I create a reverse wager? |
8 |
How do I place an Asian Handicap wager? |
9 |
How are my winnings calculated? |
10 |
How do I request sports wagering limits? |
Available Wager Types
Moneyline Wagers
This is a wager that requires your selection to win outright. The odds are
determined by what is called a money line or price. A money line is represented
by a number preceded by either + or a – such as –110. A price is the same money
line converted into a decimal such as 1.91.
European Wagers Straight Wagers
These wagers require you to pick the outcome of an event. Your selection must
either win, lose or draw for your wager to win. Selections in these wagers are
accompanied by a price only such 1.91.
Point Spread Wagers
Your selection has to win by more than (or lose by less than) the adjusted
line.
Example:
Team |
Spread |
Miami |
-3.0 |
Green Bay |
+3.0 |
- If you select 'Green Bay Packers + 3.0', the Packers must win the game
or lose by less than 3 points.
- If you select 'Miami Dolphins - 3.0', the Dolphins must win the game by
more than 3 points.
In point spread betting, the odds are always -110 (or 1.91) meaning you win
$100 for every $110 bet. If the game ties on the point spread, i.e. neither
team wins or loses by the specified amount, the bet is cancelled and the wager
is returned.
Over/Under Wagers
You can bet on the total score of the game. You can bet the final combined
score of the two participating teams will be “over” or “under” a specified total.
Over/Unders are always –110 unless otherwise noted.
Buying Points
Buying Points is restricted to two sports, football and basketball only. You
can buy from 1/2 a point to a total of 3 points, in 1/2 point increments. Buying
points can only be applied to a pointspread wager or to an over/under. You cannot
buy points on a moneyline.
For every 1/2 point you buy, your selection will cost you an additional 10 cents.
Example 1
The line is:
Detroit Pistons +4 -110
You buy 11/2 points, the line is now:
Detroit Pistons +5.5 -140
* There is an exception for football. When you buy points that
move the line onto or off of 3, that will cost you 25 cents instead of 10 cents.
Example 2
The line is:
Dallas Cowboys +2.5 -110
You buy 1/2 point, the line is now:
Dallas Cowboys +3.0 -135
Parlays
By combining different wagers from different sports you can increase your potential
payout. All of your selections must win for a combination wager to win. Any
ties take that game off of your combination and reduce your combination by one,
which in turn will reduce the pay out. If your combination is reduced to a single
game, that wager will be played as a regular, single selection wager.
The bet price is calculated by multiplying the individual prices of your selections.
All your selections must win for the bet to pay out.
Example:
Team |
Spread |
Miami |
-3.0 |
Green Bay |
+3.0 |
Dallas |
+6.0 |
The price for this combination bet would be 6.96 (1.91 x 1.91 x 1.91). In other
words, for a $10 bet, your return would be $69.60.
Progressive Parlays
Progressive parlays are different from regular parlays in that they have a fixed
payout and they only apply to 4 an 8 team parlays. Also, you can still win if you
lose one of your selections. In a 4 team progressive parlay if you lose one game
and win the other 3 you still win. In an 8 team progressive parlay you win with
either 6, 7 or 8 wins.
Payout Charts
4 team |
8 Team |
4 wins |
4-1 (+400) |
8 Wins |
75-1 (+7500) |
3 wins |
1-1 (+300) |
7 Wins |
5-1 (+500) |
|
|
6 Wins |
3-1 (+300) |
Teaser Wagers (Football or Basketball)
A teaser wager allows you to make a combination bet on football or basketball
with the point spread adjusted or “teased” in your favour. In football you can
adjust the point spread of your selections by 6, 6.5 or 7 points. In basketball,
point spreads can be adjusted by 4, 4.5 or 5 points.
All of your selections must win for a teaser wager to win. Any ties take that
game off of your combination and reduce your combination by one, which in turn
will reduce the pay out. If your teaser is reduced to a single game your teaser
wager will be cancelled and your wager will be returned.
There are also two special teaser wagers called “Sweetheart Teasers”. These
are always 3 team teasers where ties lose. You must win all three games in order
for your teaser to win. If football the “Sweetheart Teaser” gives 10 points
while a basketball “Sweetheart Teaser” adjusts your line by 7 points.
Example:
Team |
Spread |
6.0 |
6.5 |
7.0 |
Miami |
-3.0 |
+3.0 |
+3.5 |
+4.0 |
Green Bay |
+3.0 |
+9.0 |
+9.5 |
+10.0 |
Dallas |
+6.0 |
+12.0 |
+12.5 |
+13.0 |
In the example above, if you picked Miami in a 6 point teaser you would get
Miami at +3.0 points instead of -3.0 points. So if Miami won the game or lost
by up to 2 points that part of your teaser bet would win. A 6.5 or a 7 point
teaser would give you Miami at +3.5 and +4.0 respectively. If you picked Dallas,
you could move their point spread to +12.0, +12.5 or +13.0.
Teaser Prices (Basketball/Football)
# of Teams |
4/6pt |
4.5/6.5pt |
5.0/7pt |
7.0/10.0pt |
2 teams |
10/12 (1.83) |
10/13 (1.77) |
10/14 (1.71) |
N/A |
3 teams |
8/5 (2.60) |
7/5 (2.40) |
6/5 (2.20) |
10/12 (1.83) |
4 teams |
5/2 (3.50) |
2/1 (3.00) |
9/5 (2.90) |
N/A |
5 teams |
4/1 (5.00) |
7/2 (4.50) |
3/1 (4.00) |
N/A |
6 teams |
6/1 (7.00) |
5/1 (6.00) |
4/1 (5.00) |
N/A |
7 teams |
9/1 (10.00) |
8/1 (9.00) |
7/1 (8.00) |
N/A |
8 teams |
14/1 (15.00) |
12/1 (13.00) |
10/1 (11.00) |
N/A |
* Decimal prices (which include your wager) are in parenthesis.
If Wagers (Win and Action)
You would place an IF Wager if you wanted action on a second game (or more games)
without wanting to risk more than your original wager amount for a single wager.
You can add up to 8 teams in an IF wager. You can also request an IF wager if 2 or
more games are being played simultaneously.
The advantage to placing an IF wager is that you only need to risk
your original wager while taking action on up to 8 wagers.
There are two types of IF wagers: IF WIN and IF ACTION. Your IF WIN
wager will continue only if your wagers continue to win. If any of your games lose,
tie or are cancelled for any reason, your entire IF wager ends. IF ACTION wagers allow
your IF wager to continue if one of your games ties or is cancelled for any reason.
Rules For IF Wagers
1. The first selection for an IF wager must start at the same time or before the rest
of your IF wager selections. Example: Your first selection starts at 1pm so your other
selections must start at either 1pm or later.
2. You cannot IF a game to itself or any associated prop to that game. Example: You
cannot IF the first half of a game to the full game or the other way around.
3. Your are required to place a bet amount for each of your selections in the IF wager.
Your bet amounts cannot be higher than the previous bet total payout. Example: If you
wager $110 to win $100 on your first selection, then your next selection in the IF wager
cannot be for more then $110.
4. You can place IF wagers between leagues and sports
IF WIN Example
Team |
Line |
Bet |
Payout |
Status |
Total |
Dallas Cowboys |
+7, -110 |
$110 |
$100 |
WIN |
$210 |
IF WIN |
Miami Dolphins |
+4, -110 |
$110 |
$100 |
WIN |
$210 |
IF WIN |
Detroit Pistons |
+5, -110 |
$110 |
$100 |
Lose |
$0.00 |
IF WIN |
LA KINGS |
-.5, +120 |
No Action on this wager |
Total Bet: $110 Total Win: $200 |
IF ACTION Example
Team |
Line |
Bet |
Payout |
Status |
Total |
Dallas Cowboys |
+7, -110 |
$110 |
$100 |
WIN |
$210 |
IF WIN |
Miami Dolphins |
+4, -110 |
$110 |
$100 |
Cancel |
$110 (Refund) |
IF WIN |
Detroit Pistons |
+5, -110 |
$110 |
$100 |
WIN |
$210 |
IF WIN |
LA KINGS |
-.5, +120 |
$110 |
$120 |
WIN |
$220 |
Total Bet: $110 Total Win: $320 |
Reverse Wagers (Win and Action)
"Reverse Bets" are a pair of IF wagers going both forward and in "reverse" order.
Each team included in the Reverse will pair with another team to form two IF bets.
Each bet in the reverse is an individual straight wager for the full amount of the
reverse (each bet is for the same amount).
Reverse Wager Rules
1. The first selection for your Reverse wager must start at the same time or before
the second selection. Example: Your first selection starts at 1pm so your other
selection must start at either 1pm or later.
2. You cannot reverse a game to itself or any associated prop to that game.
Example: You cannot Reverse the first half of a game to the full game or the other
way around.
3. You can only reverse for the amount that you wager on the previous bet. Example:
if you wager $110 to win $100 on a game the second selection can only be for a
maximum risk amount of $110
4. You can place reverse wagers between leagues and sports
5. Reverse wagers can only be placed with 2 selections
6. Both Reverse WIN and Reverse ACTION are available.
Reverse WIN Example:
A 2 team reverse is really 2 IF Bets. If you bet on Dallas and Miami the wager
would work as follows:
If Dallas Wins then Miami
and
If Miami Wins then Dallas
Possible Outcomes:
1) Both teams win: you would have bet a total of $220 ($110 on each IF wager) and
won $400 for a total of $620 payout.
2) Dallas wins and Miami loses: In this case, the first IF bet (Dallas if win then
Miami) you win the first straight bet and lose the second one. For a total loss of
$10 ($220 bet and only $210 won). On the second IF (Miami if win then Dallas) you
lose the first straight, having no action on the second one. For the second IF there
is a loss of $110 ($110 bet, nothing won). This gives a net loss of $120 for this
situation.
3) Miami wins and Dallas loses: This follows the same result as the last example.
4) Both teams lose: In this case you would loses the first part of both IF wagers
and loses a total of $220.
Asian Handicapping - Soccer Only
With Asian Handicaps, you bet on either the favourite or the underdog. There is no
"Tie" bet. The handicap, or spread, removes the gap in ability between the favourite
and underdog making the match a contest of equal ability. The bigger the ability gap
is between both teams, the larger the handicap will be.
The simple example of this style of wagering would be the following:
Team |
Spread |
Arsenal |
-0.5 |
Manchester |
+0.5 |
Arsenal would be considered the favourite because 1/2 a goal is
subtracted from their final score. Manchester would be the underdog because 1/2 goal
is added to their final score. In this example, if you were to choose Arsenal, Arsenal
would need to win the game by 1 goal. If the game ended in a 1-1 tie, then you would
lose your wager because the final adjusted score would be Arsenal .5 and Manchester 1.
Sometimes the handicap line becomes more complicated and a second
line is added. This is called a splitball and here is an example:
Team |
Spread |
Arsenal |
-0.5, -1.0 |
Manchester |
+0.5, +1.0 |
Again, Aresenal would be considered the favorite because of the negative line. In
this case, you would be placing two bets; one for Arsenal at -0.5 and one for Arsenal
at -1.0. If the game was to end with Arsenal winning 2-1, the result would be as
follows:
You bet $100 on the wager which would be split into two $50 wagers. $50 on Arsenal at
-0.5 and $50 on Arsenal at -1.0. Here are the possible outcomes for this example:
Arsenal Loses - Your total payout on a $100 bet would be $0.
You lose the -0,5 bet
You lose the -1.0 bet
Arsenal wins by 1 goal - Your total payout on a $100 bet would be $150.
You win the -0.5 bet and win $50
You tie the -1.0 bet and are refunded $50
The game is tied - Your total payout on a $100 bet would be $0.
You win the -0.5 bet and win $50
You tie the -1.0 bet and are refunded $50
Arsenal wins by 2 or more goals - Your total payout on a $100 bet would be $200.
You win the -0.5 bet and win $50
You win the -1.0 bet and win $50
Future Wagers
Future wagers are bets that you make on events that will happen in the future.
An example would be betting on an NFL team to win the Superbowl before the NFL
season begins. The bets list all applicable participants and the odds are either
displayed as a fraction or as a price.
Propositions and Special Wagers
Proposition and special wagers are all other wagers that are not covered by
the other wager types. This includes wagers such as golf match-ups, individual
player wagers and other types of bets. Propositions and special wager odds are
displayed as either a fraction or as a price.
How Can I Make A Free Bet?
Occassionally we will run a promotion that allows you to make
a FREE wager on a specific event. Follow the promotion links to the bet card and
place a wager on the event that has "Free Wager" listed in it's title. You are
required to place the wager for the amount listed, no more or no less. In order
to place this free bet, you need to have at least the amount of the wager already
in your REAL money account.
When you place the wager, no money from your account will be
deducted and if you win, your account will be credited with the winnings for
that wager. Here is an example:
The Free Bet is a $20 wager on the Miami/Dallas NFL game. You choose Miami -7 and
place the $20 wager. You have $50 in your REAL money account so you are allowed
to place this wager. Miami wins the game by 10 point and you win the bet. $22 was
added to your REAL money account. If you lose, it doesn't cost you a penny.
How do I place a single wager?
Schedules and odds are posted for all events on which live betting is available.
You can add a single wager by clicking on the "Bet" symbol next to your selection.
This will add your selection to the bet card. Enter the wager amount on your
bet card and click on 'Place Bet' to submit your bet. Your bet is recorded and
your wager will be instantly deducted from your account. When the outcome to
your bet has been resolved (the game has been played) any winnings will immediately
be added to your account.
How do I buy points?
Buying Points can only be done on basketball and football pointspreads
and over/unders. Choose the game, team and bet type you wish to bet on. When you make
your selection, a list of Buying Points options becomes available. You can add any number
of points from 1/2 to 3 simply by clicking on the appropriate button. If you want to go
back to the default line, click on Straight Bet.
Once you have made your selection and bought your points, your bet ticket
will now reflect your adjusted line.
How do I place a parlay wager?
You can combine any selections that are available onto one betting card, up
to a maximum of selections. You do this by choosing one event at a time by
clicking the “Bet” symbol next to your selection. This will add your selection
to the bet card. You can now add a second selection to the bet card by adding
another selection from the same sport or by going to a new sport and adding
another selection.
Once you have more than one selection on a bet card, your bet price will begin
to increase as you add multiple wagers.
How do I place a teaser wager?
Your teaser selection must be from either football or basketball point spreads
or over/unders. The sports can not be mixed. Click on the “Bet” symbol beside
your selections to add them to your bet card. Once you have 2 selections that
qualify for a teaser wager, the teaser menu will pop up. At that time you can
choose what type of teaser you want (e.g. 7 Point Teaser). Enter the wager amount
on your bet card and click on 'Place Bet' to submit your bet.
How do I create an IF Wager?
To create an IF wager you need to select two or more teams and
add them to your bet card. The bet list options will display IF WIN and IF ACTION.
Choose the type if IF wager you want to place by selecting one of these two options.
Once you have chosen your IF wager type and the teams you want to
have in your wager, you now need to enter the bet amounts for each selection. Remember
that you cannot add additional teams that are playing before your first selection.
Also remember that your wagers for each additional bet cannot exceed your original
wager.
How do I create a Reverse Wager?
To create a Reverse Wager you need to select two teams and add
them to your bet card. In the bet type list you will see Reverse WIN and Reverse
ACTION. Select the type of Reverse you want to make and enter your bet amount.
Remember that the bet amount you enter will actually be double that because you
are basically creating two IF wagers.
How do I place an Asian Handicap wager (Soccer Only)?
To create an Asian Handicapping bet, you simply need to select
your team and the attached line. You then need to enter your bet amount. If you
are placing a "Splitball" wager then remember your wager will be split into two
wagers, one for each line.
How are my winnings calculated?
When you add selections to your Bet Card, the potential payout for your bet
is calculated and displayed for you automatically. Here is how the calculation
is determined:
The decimal price that we display is the price you get for the outcome of your
event. This price includes your bet amount. Your winnings are calculated by
simply multiplying your bet amount by the displayed odds. For example:
Place a $100 bet at a price of 3.5
Your return would be:
$100 x 3.5 = $350
On North American Sports, the equivalent 'cents line' or “money line” is also
displayed. With a 'positive' money line, which indicates the underdog, for every
100 cents you bet, you receive the amount displayed plus your bet amount. For
example:
Place a $10 bet at a cents line of +130 (decimal price of 2.3)
Your return would be:
($10 x 130 cents) + $10 bet amount = $23 (= $10 x 2.3)
With a 'negative' cents line, which indicates the favourite, for every 100
cents you wish to win, you need to bet an amount equivalent to the displayed
line. For example:
Place a $12 bet at a cents line of –120 (decimal price of 1.83)
Your return would be:
$10 + $12 bet amount = $22 (= $12 x 1.83)
How do I request sports wagering limits?
Sports wagering limits are always available upon request by contacting Customer Support ...
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