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Straight

The most common type of sports wager is on the final score of a single game, known as a straight wager. One team is typically favored over another by a point spread; the favorite gives the underdog points as a head start, for betting purposes. The favorite is always indicated by a minus sign (-3) and the underdog by a plus sign (+3). The amount of points you must give or take is estimated to be the amount, which 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 actual game but lose the bet by not covering the spread; an underdog can lose the actual game but win for betting purposes by covering the spread.

Totals

You can also bet whether the combined number of points or goals scored by the two teams in the game will be over or under the total set by the oddsmaker. For example, if the total is 42 and you believe that the combined points scored by the two teams will exceed that number, you would bet over. You would bet under if you believe the total points score will be less than 42.

Money Line

A money line is used in addition to or instead of a point spread on a match up between two teams. In this case, you must bet more to wager on the favorite. For example, the New York Yankees are a -150 favorite over the Colorado Rockies. You must "lay" $150 in order to win $100. If New York loses, you lose $150. However, you could bet on Colorado , in which case you would lay $100 in order to win $140 (10 cent line). If Colorado loses, you only lose $100, and if Colorado wins, you would win $140. BetOnline offers both money line and point spread options on most sports.

Parlay

A parlay is a bet on two or more teams or selections. You can combine different sports, point spreads and money lines. In a parlay your original stake and winnings are re-invested on the next game and all selections must be correct - one loss and your parlay loses. In the event of a push (tie), game cancellation or a pitcher that you have specified not starting, the parlay reduces to the next lower number, e.g. a four-team parlay becomes a three-team parlay. A winning parlay wager will pay many times more than the initial wager.

BETONLINE PARLAY ODDS
# of Teams Payout
2 teams 2.64 to 1
3 teams 6 to 1
4 teams 12.28 to 1
5 teams 24.35 to 1
6 teams 47.41 to 1
7 teams 91.42 to 1
8 teams 175 to 1
9 teams 335 to 1
10 teams 642 to 1
11 teams 1226 to 1
12 teams 2342 to 1
13 teams 4473 to 1
14 teams 8541 to 1
15 teams 16306 to 1

NOTES: In the event that a three-or-more-team parlay results in a tie, it will reduce the wager to the next lowest payoff. For example, a four-team parlay will become a three-team parlay, and a three-team parlay will become a two-team parlay. For wagering purposes, two-team parlays where there is a tie will be paid off as a straight wager.

*All parlays will pay up to a maximum of $150,000.

In a parlay, you may not play both sides of the same game at BetOnline.ag. If you play both sides of the same game, any winning wagers on the game will be canceled.

For example:
Denver Broncos 32 1/2
New England Patriots -3

If you play New England Patriots in a parlay, we ask you not to play Denver Broncos in another parlay, likewise if you play over 32 1/2 in one parlay we ask you not to play under 32 1/2 in another parlay.

Combination Baseball Payoffs

Decimal Conversion Chart

Because of the money line used in baseball, there are no set payoffs for tying a number of teams together in parlays.Payoffs are determined by a simple formula that changes the money line into a decimal number and combines it with the other lines in the parlay.

The first step is to change the money line into its decimal value. Use the following chart for this purpose.

-105 = .95 -145 = .69 -185 = .54 -250 = .40
-110 = .91 -150 = .66 -190 = .53 -260 = .38
-115 = .87 -155 = .64 -195 = .51 -270 = .37
-120 = .83 -160 = .62 -200 = .50 -280 = .36
-125 = .80 -165 = .61 -210 = .48 -300 = .33
-130 = .77 -170 = .59 -220 = .45 -325 = .31
-135 = .74 -175 = .57 -230 = .43 -350 = .29
-140 = .71 -180 = .55 -240 = .42  

Calculating Baseball Parlays

For each PRICE or ODDS quote on your teams, look at their respective PAYOFFS above (to $1) and always add $1 to these payoffs.

Multiply your BET by the products of these payoffs (+$1) for your parlay return.

Example 1:

Bet $50 on Astros (-150) parlayed to Braves (+130)

BET X Astros X Braves = RETURN
    (-150)   (+130)    
$50 X 1.66 X 2.30 = $191
Return includes Wager amount. $191-$50= $141 profit

Example 2:

Bet $50 on Cubs -175 parlayed to Giants +100

BET X Cubs X Giants = RETURN
    (-175)   (+100)    
$50 X 1.57 X 2.00 = $157
Return includes wager amount. $157-$50=107 profit

Teasers

A Teaser is a bet on two or more teams or selections. The difference between a teaser and a parlay is that in a teaser YOU ADJUST (tease) THE LINE IN YOUR FAVOR.

For example:

If New England Patriots are favored by seven points in one game and the Buffalo Bills are favored by 10 points in a second game. A six-point, two-team teaser would adjust the point spread six points in your favor; i.e. New England would now be favored by one point (7 - 6 = 1) and Buffalo would now be favored by four points (10 - 6 = 4).

You could make a two-team, six-point teaser bet with Buffalo and New England. In this example are betting that Buffalo will win by more than four points (10 - 6 = 4) and New England will win by more than one point ( 7 - 6 = 1). In the case of a tie or push in a two-team teaser, your wager is refunded. ANY LOSS IN A TEASER CONSTITUTES A LOSS FOR THE ENTIRE WAGER.

A tie or push in a three-to-seven team teaser will reduce the wager to the next lowest level. i.e. a six-team teaser with a push becomes a five-team teaser.

VEGAS MIXED TEASERS

     
 
 
FOOTBALL 6 pts 6½ pts 7 pts 7½ pts
BASKETBALL 4½ pts 5 pts 5½ pts 6 pts
 
2 Teams Pays -110 -120 -130 -150
3 Teams Pays +160 +150 +135 +120
4 Teams Pays +260 +240 +200 +185
5 Teams Pays +420 +375 +350 +270
6 Teams Pays +600 +550 +475 +380
7 Teams Pays 9-1 +850 +800 +530
8 Teams Pays 13-1 12-1 10-1 +725
9 Teams Pays 20-1 15-1 12.5-1 +975
10 Teams Pays 25-1 20-1 16-1 +1325
11 Teams Pays 35-1 25-1 20-1 +1775
12 Teams Pays 50-1 35-1 25-1 24-1
13 Teams Pays 75-1 50-1 35-1 32-1
14 Teams Pays 100-1 75-1 50-1 43-1
15 Teams Pays 150-1 100-1 75-1 58-1

 

Note regarding NFL two, three and four team teasers:


A premium charge is applied when you place an NFL two, three or four team teaser that either:

1) Crosses over both three and seven points
2) Lands on three or seven points, while crossing over the other
3) Comes off of three or seven points, while crossing over the other

An extra five cents is charged for each team that falls under one of the three aforementioned categories in a two team teaser.

An extra three cents is charged for each team that falls under one of the three aforementioned categories in a three or four team teaser.

For example, you want to place a two team six-point teaser on the favorites of the following game lines:

Ravens (+9) vs. Broncos (-9)
Jaguars (+14) vs. Patriots (-14)

By teasing the Broncos down from -9 to -3 points and the Patriots down from -14 to -8 points, you will be charged an extra five-cents since one team (Broncos) crossed over seven points while landing on three points. The juice on this teaser would be -115.

If both teams fall under one of the three aforementioned categories, an extra 10-cents will be charged For example, you want to place a two team six-point teaser on the underdogs of the following game lines:

Buccaneers (-2.5) vs. Jets (+2.5)
Seahawks (-3) vs. Panthers (+3)

By teasing the Jets up from +2.5 to +8.5 points and the Panthers up from +3 to +9 points, you will be charged an extra 10-cents, since the Jets crossed over both three and seven; while the Panthers came off three and crossed over seven. The juice on this teaser would be -120.

Special Teasers

BetOnline players have the opportunity to enjoy enormous football teasers, where the lines may be moved to their advantage by either 10 or 13 points. The handicapping decisions that you make may now have a comfortable margin of error.

Football (NFL & NCAA) 10 pts 13 pts
Basketball (NBA & NCAA) 8 pts 9 pts
3 Teams Pays 10 to 13 NO
4 Teams Pays 10 to 11 10 to 15
5 Teams Pays 11.5 to 10 20 to 23
6 Teams Pays 13.5 to 10 11 to 10

*No special Teasers accepted during the NFL preseason.
Push or tie result a loss.

21-POINT TEASERS

Football 21pt Teasers
3 Teams 10 to 150
4 Teams 10 to 75
5 Teams 10 to 50
6 Teams 10 to 35
7 Teams 10 to 30
8 Teams 10 to 25
9 Teams 10 to 20
10 Teams 10 to 17

NOTES:

In our 21-point Super Teasers, ties result in a loss.

No totals are allowed in our 21-point Super Teasers.

No open spots are allowed in our 21-point Super Teasers.

In our 21-point Super Teasers, you may not tease both sides of a line. For example, if Team A is -23.5 vs. Team B, you may not tease Team A to -2. and Team B to +44.5 within the same teaser.

Maximum risk allowed in our 21-point Super Teasers is $5000.

*No 21-point Teasers accepted during NFL Preseason.

NFL PLEASERS

Pleasers are very similar to teasers with one major difference. Whereas with teasers you move the line in your favor, with pleasers you move the line in the opposite direction. For this reason you will notice very generous payouts.

For example, let's say you want to make a two team six-point pleaser on the underdogs of the following games:

Ravens (+9) vs. Broncos
Bengals (+3) vs. Bears

By pleasing the two underdogs, the Ravens would move from +9 down to +3 and the Bengals would move from +3 underdogs to -3 favorites. Both teams would have to cover their adjusted spreads in order for the bet to win. The payout on this example would be +600.

6-PT NFL PLEASERS
2 Teams Pays 6 to 1
3 Teams Pays 17 to 1
4 Teams Pays 45 to 1
5 Teams Pays 120 to 1
6 Teams Pays 300 to 1

NOTES: In the event that a three-or-more-team pleasers results in a tie, it will reduce the wager to the next lowest payoff. For example, a four-team pleaser will become a three-team pleaser, and a three-team pleaser will become a two-team pleaser. For wagering purposes, two-team pleasers where there is a tie-win or tie-tie will result in no action, while a tie-loss will result in a loss.

*Pleasers are for NFL only.

Future

A future bet is a wager on an event or outcome that will be determined sometime in the future. For example, it might be a bet made at the start of the season on the Denver Broncos to win the Super Bowl. Future odds change continuously throughout the season - YOU GET THE ODDS IN EFFECT AT THE TIME YOU BET. Future bets often have high odds.

If - Win (Single Action)

An If-Win Only wager is an excellent choice for money management. You wager a fixed amount on one team if that team wins the game only, then another fixed amount, up to the original amount shall be placed on your next team. Your first wager must win in order for you to have action on the remaining wagers. If the first wager loses, there is No Action thereafter. You cannot have duplicate teams in the same If Win Tie Cancel.

Example 1 Example 2 Example 3
Rams -7 Win
If Win
Dolphins -3 Win

Rams -7 Win
If Win
Dolphins -3 Lose

Rams -7 Lose
If Win
Dolphins -3 Win

Stake  $110.00 Stake  $110.00 Stake  $110.00
Win    $200.00 Lose   $10.00 Lose   $110.00

If - Win-Tie-Cancel (Double Action)

An If-Bet wager is also an excellent choice for money management. You wager a fixed amount on one team, and if that team wins, ties, or is cancelled, then another fixed amount, up to the original amount shall be placed on your next team. Your first wager must win, tie, or be cancelled in order for you to have action on the remaining wagers. If the first wager loses, there is No Action thereafter. You cannot have duplicate teams in the same If Win-Tie-Cancel wager.

Example 1 Example 2 Example 3
Cowboys -7 Win
If Win-Tie-Cancel
Broncos -3 Win
Cowboys -7 Win
If Win-Tie-Cancel
Broncos -3 Lose
Cowboys -7 Lose
If Win-Tie-Cancel
Broncos -3 Win
Stake  $110.00 Stake  $110.00 Stake  $110.00
Win    $200.00 Lose   $10.00 Lose   $110.00

NOTE:
All IF-BETS are IF WIN (Single Action) unless specified as IF WIN-TIE-CANCEL (Double Action).

Reverses

A Reverse wager is the same as two "If Win" bets. If wager A wins, the bet goes to wager B. If B wins, the bet goes to wager A. If wager A loses, the bet does not go to wager B. If wager B loses, the bet does not go to wager A. If wager A wins, the bet goes to wager B and if wager B loses, the bet does not go to wager A. Standard reverse bets are Double Action; therefore in the event of a tie the bet is still active.

Example 1 Example 2 Example 3
Bills -7 Win
If Win
Dolphins -3 Win
Bills -7 Win
If Win
Dolphins -3 Lose
Bills -7 Lose
If Win
Dolphins -3 Lose
Stake  $220.00 Stake  $220.00 Stake  $220.00
Win    $400.00 Lose   $120.00 Lose   $220.00

Buying Points

You can move a point spread up to two points in your favor. You must pay an extra 10% for each half point that the line is moved. Points cannot be bought on money lines or half time point spreads.

# of Points You're Allowed to Buy
1/2 Points You Lay 6 to 5
1 Points You Lay 13 to 10
1 1/2 Points You Lay 7 to 5
2 Points You Lay 3 to 2

Please note:
For NCAA Football, price is -115 for buying OFF 3 only.
For NFL, price is -125 for buying ON or OFF 3.


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