Sports Betting Tips Part 2

Exotic Wagers – All exotic bets are just like placing a straight wager except now you will be selecting multiple horses. The following is a list of exotic wagers:
  • Quinella choose horses to come in 1st and 2nd place.
  • Exacta choose horses to come in 1st and 2nd place.
  • Perfecta choose horses to come in 1st and 2nd place.
  • Superfecta choose horses to come in 1st, 2nd, 3rd and 4th place.
  • Daily Double choose horses to come in 1st place for 2 races.
    Boxing – With most exotic wagers you may also box the horses. This means they can come in any order. ie If you bet a $2 Trifecta Box on horses 1-3-7, you win if any combination of 1-3-7 comes out. For example, if 7-3-1 comes out you win! By boxing a wager you are essentially buying a ticket for all the different combinations for the horses you selected. So in the above example the total wager cost would be $12, because there are 6 combinations possible.
    Coupled pairs – Sometimes horses are coupled. That is there will be a 1 and a 1A. Most times one of the horses will be scatched, but if they both run, you get them both. So, if you select a horse that is part of a coupled pair (horses 1 and 1A) both horses would be considered as one selection.
     If you played 1-3-7 as your trifecta and result was 1A-3-7 you win. Also if one horse gets scratched, you have the other horse regardless of who you selected. ie If you select 1A and 1A gets scratched – you still have the 1 horse.                      
    Single Bets – This is the exact same thing as taking a money-line, all though goals scored in extra times don’t count for betting purposes. In some sportsbooks you will find an “outright winner”, these odds are for bettors that are predicting the game to go in extra-time, by penalties or by the golden goal.
    Straight bets – A straight bet or side bet is where you choose which team will win the game. It can be a money-line (-170, +150, etc), point spread (-4 1/2, +5, etc.) or a rul-line (-1 1/2+25). Usually there will be a 10% juice for booking, unless otherwise noted.
    For baseball, you bet on which team will win the game outright, because baseball works with money lines, for the exception of run lines. Run lines are the same thing as a point spread.
    For basketball or football there will generally be a point spread as part of the bet. If the number is positive (+) then you add the points to your team’s score. If the number is negative (-) then subtract those points from your teams score. The side with the higher score after the points are applied is the winner
    Totals – When wagering on totals you are betting on whether the total points scored in the game will be higher or lower than the posted total.
    Parlays – A parlay is a group of straight bets or totals combined into one bet. For the parlay to win all of the individual parts of the parlay need to win for the parlay to be a winner. If you have a tie or a push, the parlay will revert to the lowest number.You can also mix different sports on the same parlay in almost all books
    Teasers – A teaser is a group of straight bets or totals combined into one bet. The difference between a parlay and a teaser is that with a teaser the line you bet against for each individual wager is moved to your favor by the number of points of the teaser. If the regular line is -10 and you have a 6 point teaser then your line would be -4.
    As with a parlay, all of the individual parts need to win for the teaser to be a winner. In most sportsbooks gambling online you can tie and it will revert to the lowest number. Teasers are not available for baseball, due to the money line
    .
    Pleasers – A pleaser is a group of side straight bets combined into one bet.  The difference between a pleaser and a teaser is that with a pleaser the line you bet against for each individual bet is moved against your favor by 6 points. If the regular line is -10 and you play a pleaser then your line would be -16
    San Francisco is (-3) over Oakland Miami is (-8) over Dallas
    San Francisco (-9) Miami (-14)
    10 Point Teaser – A 10 point teaser consists of picking 3 teams to win, there are no ties in this type of bet. In Football you will receive 10 points (5 pts. for half-time wagers), and in Basketball you will receive 7 points (3.5 pts. for half-time wagers).
    *Normally all these type of exotic wagers are not taken on preseasons, all though you might want to talk with a sportsbook representative to find out if it’s available.

Sports Betting Tips Part 1

How To Figure Baseball Parlays

For each price or odds quote on your teams, look at their respective payoffs (to $1) and always add $1 to these payoffs. Multiply your bet times the products of these payoffs (+$1) for your parlay return.

Example: Bet $50 on Twins (-150) parlayed to Yankees (-130) bet Twins Yankees return
(-150) (-130) $50 X 1.67 X 1.77 = $147.80 return includes the $50 bet.

Use the same method for any number of team for example: Bet $75 on Cubs (+120) to Reds (-135) to Mets (EVEN) for 3 team parlay

BET  CUBS  REDS  METS  RETURN
(+120)   (-135)    (EV)
$75   X 2.20   X 1.74  X 2.00  = $574.20

(1.00 + 1.20) (1.00 + .74) (1.00 + 1.00)

Return includes the $75 bet, remember to always add a $1 to the payoff price to figure out all parlays.

Types of wagers available for hockey: Straight (puck-line & money-line), totals, and propositions.
In addition, in the NHL Playoffs, the reason why casinos post lines in the form of a money line (i.e. PK-250, etc) rather than use a Puck Line (i.e. 1 1½) is that you cannot have a time game in the playoffs, one team or the other must win the game in order to advance to the next round.
Odds to Win Foursome  Wager on a player to place higher than the other players in the tournament. If there is a tie, the leader following the previous round is the winner. If two players tie every round, the player who was leading latest in the final round is the winner.
If the tournament was scheduled for 72 holes, but only 54 holes can be played due to weather concerns, then the leader at the end of 54 holes would be declared the winner of the tournament. In the event that two (or more) players are tied for the lead at the end of regulation play, sudden death playoff occurs to determine the winner of the event.  In some cases PGA officials may also have the individuals play a specified number of holes to determine the tournament winner.
In head to head matchups, both golfers must tee off in order to have action. The player with the most completed holes and the lowest score is the winner of the matchup.
In the event that one golfer or the other is disqualified or withdraws, the other player will be the winner of the matchup
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Types of wagers available for tennis: Odds to win tournament, odds to win daily matches, and propositions.
Types of wagers available for boxing: Odds to win fight, draw, total rounds (over, under), and propositions.
When a draw is available to wager and the fight ends in a draw, the sportsbook pays only those who bet a draw. If a draw was not available at a sportsbook, then all wagers are refunded. Sportsbooks who did not carry a draw as an available betting proposition are obligated to refund all wagers. Sportsbooks which offered the draw, pay only on the draw and do not refund any wagers on either fighter. The only exception to this rule would be when a draw is listed as a seperate bet
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Types of wagers available for auto racing: Odds to win race, odds to win matchups, propositions.
In Head-to-Head or Three way matchups, all drivers must start the race in order to be considered “in action”.  In addition, a driver is considered starting the race after having driven one lap.
In the race a starting driver who has completed at least one lap, but is replaced during the race with another driver for any reason, the starting driver will be awarded the finishing driver’s position at the end of the race
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If a starting driver has to be replaced with another driver after completing one lap, and the second driver ends in 10th place, then the starting driver will be awarded for 10th place. 
Driver Scott starts the race, he completes 10 full laps, but leaves the race due to injury, and then driver Matt finishes the race and places 10th. In the race standings, driver Scott would be credited with 10th place                                        
Straight Wagers – Straight bets are very simple, select which horse will be on the first, second or third position. Win corresponds to First place, Place for Second place, and Show is Third Place.  For example, if you wanted to bet $10 on horse number 3 to win first place, then you have to bet on “Win”. If you want to bet all three positions, then you must ask for  “horse number 3 all  across the board”.