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Friday, June 11, 2004

Football Betting

BET # TEAM LINE TOTAL M/L TIME
501 FALCONS 47 +180 1:00
502 BRONCOS -7 -200

Above is an example of what the line might look like in football. The computer betting number for the Falcons is 501; for the Broncos it is 502. The Broncos are a seven point favorite. This is indicated by the -7, to the right of their name. The Falcons, therefore, are a seven point underdog. The number 47 indicates the total (over/under). The +180 and -200 represents the money line. The game will start at 1:00 p.m. Nevada time. The bottom team listed is the home team.

In football wagering, a point spread is used to attempt to equalize two teams. In the above example, the Broncos are a seven point favorite over the Falcons. If you wanted to wager on the Broncos, they would have to win the game by more than seven points in order for you to win your bet.

If you would have decided to wager on the Falcons, then in order for you to win your bet the Falcons would have to either win the game or lose by less than seven points. Should the broncos win by exactly seven points, it is classified as a tie and all wagers on both teams would be refunded.

The number 47 is the total (over/under) number. You may wager on whether the combined final score on both teams will be either over or under this number. Should the total combined final score end exactly on 47, then all bets would be classified as a tie, and all wagers would be refunded. All points scored in sudden death overtime are counted in the final score.

When betting the over/under, it does not matter who wins the game, only how many points are scored. In football, when betting on the point spread or the totals, the player wagers $11.00 to win $10.00.

The money line bet is indicated by +180 on the Falcons and -200 on the Broncos. Money line is a wager for a particular team to win the game without consideration of the point spread. For example: if you bet the Broncos to win the game you would wager $2.00 to win $1.00 for a total return of $3.00. If you bet the Falcons to win the game, you would wager $1.00 to win $1.80 for a return of $2.80.

Football Parlays
You may combine two or more teams or totals in a single wager. In parlay wagering, as in teaser wagering, ALL included in a parlay must win by a margin as adjusted by the point spread. The more teams included in a parlay, the greater the payoff. In the event of a tie in any game, or total, the parlay is reduced to the next betting bracket. Thus, a four team parlay with one tie would simply become a three team parlay. Minimum parlay bets are $10.00.

Football parlay payoff prices are as follows:

Two team parlay 13 to 5
Three team parlay 6 to 1
Four team parlay 10 to 1
Five team parlay 20 to 1
Six team parlay 40 to 1

Again, in a parlay, all teams must cover their point spread, as printed on your ticket.

Football Teasers
The generally a sportsbook offers 6, 6 1/2 and 7 point teasers. You may choose from two to six teams in a teaser. A teaser wager allows you to adjust the point spread in your favor by 6, 6 1/2 or 7 points. All teams selected in a teaser combination must win by a margin as adjusted by the teaser point spread. In a two team teaser involving a tie, wager is considered no action and money is refunded.

posted by Anonymous @ 8:09 AM

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