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Thursday, November 6, 2008

Sports Betting >Types of Wagers for National Football League Games

From: Kid Rockstar

Types to Bets You Can Place for NFL Games
So where do you think I got the money to party like a rockstar? Well, from making winning bets on NFL games, of course!!

The only sporting event better than watching a NFL game, is making a winning wager on a NFL game. Ain't America great? Ya gotta love it!!

There are numerous wagers, such as straight bets, parlays, and teasers, available to be places for any NFL game. I will provide a brief explanation of these different types of bets, all of which can be placed at an online wager exchange (sport book).

Straight Bets
The team wagered on must win by the point spread given at the time of the wager. For straight wagers, unless otherwise indicated, the odds are $1.10 to win $1.00. Games that tie are considered "no action" and money is re-deposited back into your account. Due to changing events, the point spread may fluctuate at any time.

Example: Player wagers $110.00 on Cleveland -6 to beat +6 If San Diego wins by more than 6 points the player wins $100.00 so the total payout including the initial wager would be $210.00. If Cleveland only wins by 6 points then the game is considered "no action" and all money is returned to the bettor. If the Cleveland wins by less than 7 points the wagers is lost.

Totals (also known as Over/Under bets)
The combined score of both teams for games wagered on, all totals lay $1.10 to win $1.00 unless it is otherwise indicated.

Example: The player lays $110.00 on the OVER in the NY Jets/Dallas game. The total for the game is 45. If both teams' combined score is more than 45 than the player would win $100.00. If the combined score is equal 45 the game is considered "no action" and the money is returned. If the combined score is less than 45 then the wager is lost.

Money Line Wagers
The team wagered on just has to win the game. The amount you lay or take for each game may vary. The money line that is read to at the time of your wager is the money line you keep regardless of any line movement.

Example: The player wagers on Miami -160 at Minnesota +260. If Miami wins then the player would lay $160.00 to win $100.00. If the player bet on Minnesota then the player would lay $100.00 to win $260.00

I place my NFL bets online with the BookMaker, you can too...





Parlays (also known as multiples or combos)
This is a bet of 2 or more teams (selections) or propositions in no particular order. All teams wagered on in a parlay must win. If there is a tie, or "no action" among the selections made, the parlay reverts down to the next lowest number for payoff. In the case of a 2-team parlay, it will revert down to a straight wager. No parlay bets will be accepted where individual "selections" are connected. For example, you cannot parlay the over of the first half of a football game with the over of the total game, because the two are 'connected'.

Example: Bettor wants to make a 5 team parlay: San Diego -7 Chicago +3 St. Louis -4 New England -10 Cincinnati -8 If all these games win then the bettor would have won at 20-1 odds. If only 1 team loses then the entire parlay loses.

Parlays are a very exciting way for the sports betting enthusiast to WIN VERY LARGE AMOUNTS OF MONEY WITH VERY LIMITED RISK! Just look at the simple payout chart below to see how much you'll win by betting just $250 on the parlay combinations.

Typical Parlay Net Winnings for a $250 bet:

  • 2 team parlay winner pays $650

  • 3 team parlay winner pays $1500

  • 4 team parlay winner pays $2500

  • 5 team parlay winner pays $5000

  • 6 team parlay winner pays $10,000

  • 7 team parlay winner pays $18,750

  • 8 team parlay winner pays $37,500

  • 9 team parlay winner pays $75,000

  • 10 team parlay winner pays $175,000



PLACE YOUR PARLAYS ONLINE HERE...


Teasers
A teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your favor. The number of teams selected and the number of points selected determines the payout odds. A "Tie" or "No Action" and a "Win" on a two team teaser shall constitute a "No Action" wager. A "Tie" or a "No Action" and a "Loss" on a two team teaser shall constitute a "Losing" wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket. (Example: A tie on a three team becomes a two team teaser.)

Typical Teaser Net Winnings for $250 bet:


6 points 6.5 points 7 points
2 teams $227 $208 $192
3 teams $450 $400$350
4 teams $750 $625 $500
5 teams $1125 $1000 $875
6 teams $1500 $1375 $1250

Future Book Wagers
A "futures" wager is a bet placed on an event that is scheduled to occur at some future date. For instance, prior to the beginning of the regular season for each major sport, odds will be established for each team to win their individual division, conference and seasonal championship.

Another type of "future" wager that has become extremely popular is the over/under wager for the total number of victories for the entire season for a given team.

Proposition Bets (Exotics)
Simply put, Proposition/Exotic Bets may generally be considered as any wager other than a straight "side" or "over/under" wager. More specifically, these wagers usually involve specific events and occurrences that happen throughout any given game. We have listed some examples for you below.

Props/Exotics will be offered on the more marquee games on the betting menu. These include, but are not limited to, Sunday and Monday night NFL games, various NCAA Football games, major Bowl games, and most Playoff and Championship games. There are also many other miscellaneous events that Props and Exotics will be offered for.

Examples and Definitions of Common Props/Exotics

  1. Which team will be the first to score; touchdown, field goal or other? (This bet will be taken off the board for wagering 15 minutes before the scheduled kickoff time because the coin has been tossed and the team who will have the first possession of the ball is known.)
  2. Which team will be the last to score? The team that scores last in the game (touchdown, field goal or other, overtime included).
  3. Will either team score in the first X minutes and XX seconds of the game?
  4. Will the first score of the game be a touchdown (overtime included)?

  5. Will the last score of the first half be a field goal?
  6. Will either team score in the last 2 minutes of the first half?
  7. Will the team that scores first win the game?
  8. Will either team have 3 or more unanswered scores?

  9. Will either team score 3 times without the other team scoring in between (touchdown or field goal, conversions do not count)?
  10. Will the longest touchdown be over or under XX yards?

  11. Will the shortest touchdown of the game be over or under XX yards?
  12. Which half will have the most points scored in it by both teams combined (overtime included in the second half)?
  13. Will the total field goals made by both teams combined be over/under X?

  14. Will Quarterback X throw an interception?

  15. Will the total rushing yards by Running back X be over or under X?

  16. Which team will have the most penalties?
  17. Will the total sacks made by both teams combined be over or under X?
  18. Will the total fumbles lost by both teams be over or under X?

  19. Will the total points scored by a team be over or under X?

  20. Alternate point spread (works exactly the same as the normal point spread).

As you can see there are all kinds of wagering action for NFL Football. All of these bets can be made easily, and very safely, online. Check out how to take advantage of all this betting action online, below.



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