Sports Betting - Special Betting Lines
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Sports Betting -
Special Betting Lines

SPECIAL LINES

The following special lines are available to offer increased flexibility and potential payouts.

  • Half-Time
  • Parlays
  • Progressive Parlays
  • Teasers
  • If Bets
  • Futures
  • Propositions


Half-time

Half-time lines allow you to bet on the first or second half of basketball and football games. Half-time betting rules are as follows:

  • Half-time bets are calculated the same as straight bets unless otherwise indicated.
  • Half-time bets must go the full half for action.
  • Overtime is included as part of the second half.
  • Teasers and buying of points are not available on half-time bets.


Parlays
Parlays are wagers on two or more teams in no particular order where all selections must win for the wager to win. Parlay rules are as follows:

  • In the event of a tie or no action, the parlay reverts to the next lowest number for payout. A 2-team parlay reverts to straight wager.
  • Parlays that incorporate money lines or European prices are paid out based on the odds of the individual selections.
  • You cannot bet on connected events on the same parlay card. For example, one leg of a parlay is for Sampras to beat Henman in the 4th round of Wimbledon and an additional part of the parlay is for Sampras to win the overall Wimbledon title. The match forms part of the overall tournament and is therefore connected. In the same way, you cannot parlay the over of the first half of a football game with the over of the full game because the two are connected.
  • By placing a Parlay bet you can increase your payout odds. For example, you want to bet on the Canucks to beat the Wings and the Canucks to beat the Avalanche, but the odds are even money. You are pretty sure the Canucks are going to win both events so you want better odds. By parlaying the two games you increase your odds to 13:5.

    Parlay Payouts
    The following parlay payout table is valid if all selections within the parlay are based on the standard point spread or totals line of -110 (bet $110 to win $100).

Number of Teams

Odds

2

13:5

3

6:1

4

10:1

5

20:1

6

40:1

7

75:1

8

150:1

9

300:1

10

700:1

11

1100:1

12

1800:1

To calculate odds for parlays that use money lines other than the standard -110, you should convert the money line to a European price. Then calculate the parlay payout odds by multiplying the European prices of each event together.

For example, let's say you bet on Arsenal 2.5, Manchester 1.7 and Liverpool 2.1. A parlay of all three teams would pay 2.5 x 1.7 x 2.1 = 8.93. If your bet amount is $100 then the payoff would be $100 x 8.93 = $893 (this includes your original stake, so your winnings are $893 - $100 = $793).


Progressive Parlays
A Progressive Parlay is a wager on four to twelve events to win. Even if some of the events in your Progressive Parlay lose, you may still win your wager. Progressive Parlays are accepted only on the Point Spread, not on the Money Line or Totals. Progressive Parlay rules are as follows:

  • A tie or no action is considered a loss for that particular event.
  • If there is a loss, the parlay reverts to the next lowest number for payout.
  • You cannot bet on connected events on the same parlay card. For example, one leg of a parlay is for Sampras to beat Henman in the 4th round of Wimbledon and an additional part of the parlay is for Sampras to win the overall Wimbledon title. The match forms part of the overall tournament and is therefore connected. In the same way, you cannot parlay the over of the first half of a football game with the over of the full game because the two are connected.

    Progressive Parlay Payouts
    Each type of Progressive Parlay uses different odds to pay out winning wagers.

4-Team Progressive Parlay

Odds

4 teams win

4:1

3 teams win

1:1

2 teams or less win

Loss


5-Team Progressive Parlay

Odds

5 teams win

11:1

4 teams win

2:1

3 teams or less win

Loss


6-Team Progressive Parlay

Odds

6 teams win

23:1

5 teams win

4:1

4 teams or less win

Loss


7-Team Progressive Parlay

Odds

7 teams win

40:1

6 teams win

5:2

5 teams win

1:1

4 teams or less win

Loss


8-Team Progressive Parlay

Odds

8 teams win

75:1

7 teams win

5:1

6 teams win

3:1

5 teams or less win

Loss


9-Team Progressive Parlay

Odds

9 teams win

150:1

8 teams win

14:1

7 teams win

3:1

6 teams or less win

Loss


10-Team Progressive Parlay

Odds

10 teams win

250:1

9 teams win

15:1

8 teams win

3:1

7 teams win

1:1

6 teams or less win

Loss


11-Team Progressive Parlay

Odds

11 teams win

400:1

10 teams win

40:1

9 teams win

4:1

8 teams win

2:1

7 teams or less win

Loss


12-Team Progressive Parlay

Odds

12 teams win

900:1

11 teams win

60:1

10 teams win

8:1

9 teams win

7:2

8 teams or less win

Loss

The parlay payout tables above are valid if all selections within the Progressive Parlay are based on the standard point spread line of -110 (bet $110 to win $100). Payout odds are subject to change without prior notice.

Teasers
A teaser is a parlay in which you take more points or lay fewer points than the line, thus adjusting the point spread in your favor. However your payout odds are reduced when you do this. Teaser rules are as follows:

  • A teaser can only consist of point spreads and totals; you cannot buy points.
  • The number of teams and the number of teaser points you select determines your payout odds.
  • A tie or no action and a win on a 2-team teaser shall constitute a no action wager.
  • A tie or no action and a loss on a 2-team teaser shall constitute a losing wager.
  • A tie on a 3 or more team teaser shall revert to the next lowest betting bracket. For example a tie on a three team teaser becomes a 2-team teaser.

    Teaser Payoff Odds for Basketball and Football

Football

6-point

6.5-point

7-point

Basketball

4-point

4.5-point

5-point

2-team

10:11

10:12

10:13

3-team

16:10

14:10

12:10

4-team

25:10

20:10

18:10

5-team

40:10

35:10

30:10

6-team

60:10

50:10

40:10

7-team

90:10

80:10

70:10

8-team

140:10

120:10

100:10

9-team

19:1

14:1

12:1

10-team

23:1

19:1

14:1

11-team

30:1

23:1

19:1

12-team

40:1

30:1

23:1

13-team

65:1

40:1

30:1

14-team

85:1

65:1

40:1

15-team

120:1

85:1

65:1

    Other Teasers

  • 3-team 10-point football teaser odds are 10/12 - ties lose.
  • 3-team 7-point basketball teasers odds are 10/12 - ties lose.

The two teasers listed above can only be made on the point spread. Money lines and totals cannot be used.

For example, you place a 3-team 6-point football teaser. The chart above lists the odds as 16/10. The unadjusted line is Denver -7, New York -3 and Chicago +15.

The point spreads are adjusted as follows.

  • Denver -7 plus the adjusted six points = -1
  • New York -3 plus the adjusted six points = +3
  • Chicago +15 plus the adjusted six points = +21

If each and every one of the three teams wins against the adjusted spread, you win $16 for every $10 you bet.


If Bets -- If Win and If Action

An If Bet allows you to increase your betting power and limit your risk by placing multiple bets on one betting ticket; each individual bet after the first bet will only have action if the previous bet in the sequence is successful. This limits your risk to the dollar amount of the first bet on your betting ticket.

An If Bet is also useful if you want to make more than one bet, but do not have adequate funds in your account to cover the second bet unless the first bet wins. An If Bet will place the second bet immediately upon success of the first bet. If Bet rules are as follows:

  • One If Bet can contain two to seven individual bets.
  • If Bets must be made prior to the start time of the earliest event.
  • Bets do not have to be made in the order of each event's start time.
  • The first bet's limit is set by the house.
  • Additional bets in the sequence use the bet amount of the first bet.
  • The first bet is always placed unless it is considered a no action event.

    Two Types of If Bets

    If Win
    You choose the order of each bet in the series. The first bet is always placed. Each subsequent bet is placed only if the previous bet wins. If any bet in the If Win series loses, ties or is considered no action, then all subsequent bets on the betting ticket are considered no action.

    If Action
    You choose the order of each bet in the series. The first bet is always placed. Each subsequent bet is placed only if the previous bet is won, considered no action or is a tie game (also know as a push). If any bet in the If Action series loses, then all subsequent bets on the betting ticket are considered no action.

For example, on October 7th, you place an If Win bet on the Raiders to beat the Dolphins in their October 12th game. Then you select the Patriots to beat the Colts in their October 11th game. The game on October 12th wins and the second part of the If Bet is placed on the Patriots/Colts game with the original bet amount.

This second bet is placed even though this game started prior to the first event and already had a final result of a loss. The first part of your If Win bet is a win but the second part is a loss.

Your If Win bet placed on October 7th is placed prior to the start time of both events so you are able to bet on both games while ensuring that your preferred bet on the Raiders game gets placed even if your second choice, the Patriots, lose.

Normally the only way this would be possible would be to expose yourself to both bets separately. An If Bet puts a restriction on your bet that says if the Raiders lose, do not place a bet on the Patriots/Colts game. This limits your risk to the first bet amount, but provides you with the opportunity to make a second bet with the original stake if your first bet is successful.


Futures and Propositions

Future bets are based on the outcome of events that happen each year. Propositions are bets based on the outcome of special events. All bets are final. There will be no payouts until the conclusion of the specified season for futures or the conclusion of the specified event for propositions.

If your selection (person, team, etc.) does not participate in the event for any reason, your bet is considered a loss.

The odds we offer may change between the time you place your bet and the time the event starts; regardless, your bet is subject to the odds displayed at the time you placed your bet.

In the event of a dead heat for first place, stakes will be divided by the number of selections dead heating with the divided stake settled at full odds; remaining stake money is lost. The dead heat rule only applies to future bets. If the tie was a betting option, the dead heat rule does not apply.

For example, if there is a 3 way tie for the top scorer in a football game, your winnings are calculated by taking your stake, dividing it by 3, and multiplying that amount by the odds on your betting ticket.
GambleGnome Sports Betting - Sports Special Betting Lines


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