| Sports Wagering
Limits |
| $1000 - Straight wagers |
| $500 - Parlays, Futures,
Propositions and Teasers |
Available Wager Types
Straight 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 preceeded 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.
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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 'Dallas Cowboys - 3.0', the Cowboys 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.
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Over/Under Totals
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.
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Combinations Wagers (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.
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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.
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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.
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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 best has been resolved (the game has
been played) any winnings will immediately be added to your account.
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How do I place a combination wager?
You can combine any selections that are available onto one betting card,
up to a maximum of 10 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.
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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.
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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:
$100 + $12 bet amount = $22 (= $12 x 1.83)
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