A winning parlay wager will pay many times more than the initial wager. a four-team parlay becomes a three-team parlay. 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. 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. You can combine different sports, point spreads and money lines. SportsBetting.ag offers both money line and point spread options on most sports.Ī parlay is a bet on two or more teams or selections. If Colorado loses, you only lose $100, and if Colorado wins, you would win $140. However, you could bet on Colorado, in which case you would lay $100 in order to win $140 (10 cent line). You must "lay" $150 in order to win $100. For example, the New York Yankees are a -150 favorite over the Colorado Rockies. In this case, you must bet more to wager on the favorite. You would bet under if you believe the total points score will be less than 42.Ī money line is used in addition to or instead of a point spread on a match up between two teams. 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 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. 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. 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. 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. The favorite is always indicated by a minus sign (-3) and the underdog by a plus sign (+3). 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 most common type of sports wager is on the final score of a single game, known as a straight wager.
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