Betting Advice Guide
From Cappers Picks
Internet Sportsbook
Gambling Types
Below is a list of sports
betting terminology, definitions and
types of bets often found in the sports betting
industy.
Pointspread
The pointspread - also called "the line" -
is used as a margin to handicap the favorite
team. The oddsmaker - also called the handicapper
- "gives" points (or goals) to the
underdog for betting purposes only. The bettor
must take either the favorite or the underdog.
The favorite is always indicated
by a minus sign (e.g. -5.5) and the underdog
by a plus sign (e.g.+5.5). For betting purposes,
the outcome of the game is determined by taking
the actual game score and finding the difference
between the scores of the two teams playing (called
the pointspread or just the "spread").
If the "line" is
put in at a half point (e.g. -5.5 for the favorite
Orlando) by the oddsmaker then there can be no "push." In
this case, there is "action" at any
final game score pointspread. In a pointspread,
you must wager $110 to win $100 ($210 is returned
to the winner). 10/11 is the standard for pointspread
bets on most sports.
More Info On Pointspreads
Straight
Bet
A straight bet is a bet on the outcome of a single
event or game that, for betting purposes only,
is determined by a Pointspread, a Moneyline or
a Game Total.
The team or event wagered
on must win by the posted odds. A single bet
may be a play on the side to win, the total,
or even a proposition or future bet. All single
bets must lay 110 to win 100 unless otherwise
noted at the time of the wager. Games that end
in a tie are no action or push, and the money
is refunded. The odds may fluctuate at anytime
as they move with the monies wagered. But the
money you bet on a team or event at a specified
pointspread or game total is the total you receive
for your bet.
For example:
If the money line is -135 then you would wager
$135 to win your $100 bet. If the money line
is a positive number then you will wager $100
to win the money line. Likewise, if the money
line is +125 then you would wager $100 to win
$125.
More Info On Straight
Bets
Over/Under
The Over/Under, sometimes called the "Total",
quite simply is the combined scores of both teams
competing in the game being wagered on. You can
bet whether the game will go over or under this
figure. A bet on a matchup between two teams
may be set by a money line instead of a pointspread.
If a matchup is determined by a money line, like
American baseball, then it will cost the customer
more to wager on the favorite.
Example:
The Atlanta Braves may be favored over the Chicago
Cubs by 150. In this example, the customer
must lay $150 in order to win $100 if Atlanta
wins the game, no pointspreads are involved.
If Atlanta loses, the customer loses $150.
However, the customer could bet on Chicago,
in which case the customer would lay $100 in
order to win $140 (10 cent line). If Chicago
loses, the customer only loses $100, because
Chicago is the underdog.
More Info On Totals
Betting
Parlay
or Combo
This bet applies to Football, Basketball, Ice
Hockey and Baseball. A parlay bet happens when
you bet on two or more teams in the same wager
in any order. All teams bet on must win in order
for you to win. Also, there is no "juice" or
commision on this style of bet.
Your wager may combine different
sports along with different styles of bets (i.e.
over/under, pointspread, etc.) In the parlay
style bet your original winnings are invested
back into the next game. If one of your games
is cancelled or ties the parlay drops to the
next lowest number.
More Info On Sports
Betting Parlays
Teasers
This bet applies to Football, Basketball, Ice
Hockey and Baseball. A teaser is a selection
of two or more teams in one wager in which
either the pointspread and/or total is adjusted
in the bettor's favor. Each sport has its own
range of points for teaser selections. An adjustment
to the favorite team will decrease the disadvantage.
An adjustment to the underdog will increase
the advantage. The adjustment makes pointspreads
less for the favorite and more for the underdog,
depending on the selections you make. If you
select a total, the adjustment makes totals
higher-to-go-under or lower-to-go-over.
Examples:
Denver Broncos (-3) teased by 6 points: Denver
is +3 with the Tease.
Buffalo Bills (+9) teased by 5.5 points: Buffalo
is +14.5 with the Tease.
Seattle Seahawks and NY Giants (31 pts.) teased
by 5 points: 26 pts. for the over Total
More Info On Sports Betting
Teasers
Pleasers
A pleaser is a group of NFL side straight bets
combined into one bet. The difference between
a pleaser and a teaser is that with a pleaser
the line you bet against for each individual
wager is moved against your favor by 6 points.
Pleasers are currently only available on NFL
regular season side plays. Pleasers will not
be taken on NFL totals, NFL preseason, or NCAA
football at the current time. If the regular
line is –10 and you play a pleaser then
your line would be –16.
Other Examples:
Odds:Dallas is (-3) over Washington
Pittsburgh is (-8) over ClevelandA "Two
Team Pleaser" on
Dallas and Pittsburgh would
be:
Dallas (-9) Pittsburgh (-14)
A "Two Team Pleaser" on
Washington and Cleveland would be: Washington
(-3) Cleveland (+2)
Open
Wagers
Open wagers allow the customer to play teasers
or parlays making one selection at different
times or even different days.
Example:
3 Team Parlay
$100 to win $600
Cowboys -8
Dolphins -14
OPEN*
* This spot can be left
open for seven days. No open slots on the Internet.
Runline
This bet applies to Baseball. This is a bet to
predict which team will score the highest number
of runs. This bet is handicapped, with the
underdog always given +1.5 points advantage.
If the final score, taking into account the
handicap, is a tie (known as a Push), the bet
is considered void, and your stake is refunded.
Multiplier
A multiplier is offered mostly for soccer matches,
and is a European-based line. Like a moneyline,
a multiplier is based on true odds rather than
fixed odds. The favorite and underdog are given
odds to win a match. You will achieve higher
winnings from your original wager as the amount
to be won equals the original bet multiplied
by the product of the odds.
Example:
A $100 bet on Arsenal (1.65) to win would result
in a Payout of $165 if Arsenal did win the
contest. Sample Bet: $100 x 1.65 = $165 For
a Combo (Parlay) bet, Payouts would be as such:
a $100 bet on Newcastle (2.90) to win, Manchester
United (1.83) to win, and Chelsea/Liverpool
(3.25) to draw would result in a payout of
$1,724.78. Sample Bet: $100 x 2.90 x 1.83 x
3.25 = $1,724.78.
Moneyline
A moneyline is offered when no handicap is given,
such as a pointspread or runline, and the odds
are not therefore fixed. Payouts are then based
on true odds rather than fixed odds. The favorite
and underdog are given odds to win a game or
fight. The minus sign (e.g.-130) always indicates
the favorite and the amount you must bet to
win $100. The plus sign (e.g.+120) always indicates
the underdog and the amount you win for every
$100 bet. Therefore based on the above moneyline,
you bet $130 to win $100 on the favorite. For
the underdog, you win $120 for every $100 bet.
More Info On Sports
Betting Money Line Bets
Buy
Points
Buy Points means that you can move the pointspread
so that you give away less points with the favorite
or get more points with the underdog, for both
football and basketball. To do this you must
pay more "juice" for every 1Ö2
point you buy in your favor. Most sportsbooks
charge 10% for every 1/2 point you buy. For the
NFL and NCAA football, you will pay an additional
amount of "juice" to buy on or off
of 3 or 7 points - also know as Key Points. And
if you buy through either 3 or 7 points, you
will pay an additional amount of "juice." Most
sportsbooks charge another 10% for key points.
There are NO Key Points for basketball.
Example:
New York Jets (+4.5) are 4.5 point underdogs.
To move the line to 5 points, you would buy
1Ö2 point and lay $120 to win $100 (at
4.5 points you would have layed $110 to win
$100). An example of how to buy off of 3 points:
the Kansas City Chiefs (-3) are 3 point favorites.
To buy 1/2 point and make them a 2.5 point
favorite, you would need to lay $125 to win
$100. And example of how to buy through 7 points:
the Seattle Seahawks (-7.5) are 7.5 point favorites.
To buy 1 point through 7 points and make them
a 6.5 point favorite, you would need to lay
$140 to win $100.
More Info On Buying
Points For Sports Betting
Puckline
Sometimes sportsbooks use a combination of handicap/spread
and odds for the NHL. This is called the Puckline.
Example line:
Boston + 1 (-110) Detroit - 1.5 (-110) The favorites
are the Detroit Red Wings, who are giving the
Boston Bruins 1.5 goals. To win the bet, Detroit
would have to win the game by 2 goals.
When placing this bet you
are getting even money, which means that for
every $110 you wager, you will win $100. If you
are betting on Boston, you will receive a 1.0
goal handicap, meaning that if Detroit wins by
1 goal the game is a push. If the game ends in
a tie or Boston wins, then you win the bet. The
odds again are at -110.
Proposition
Bet
A "prop bet" is a bet the sportsbook
offers at odds and conditions of its choosing.
Prop bets can be exotic bets like which team
will score the most touchdowns, which team will
shoot the most three pointers, which running
back will rush for the most yards, etc. Most
prop bets are offered at 11-10 odds, but some
of the exotics will be offered at better or worse
odds, depending on the bet.
Futures
This bet applies to Football, Basketball, Baseball
and Ice Hockey. Futures are a single wager
on the outcome of an event that will be determined
sometime in the future.
For Example:
It might be a bet made at the start of the season
on Dallas Cowboys to win the Super Bowl. Futures
odds change continuously throughout the season
- YOU GET THE ODDS IN EFFECT AT THE TIME YOU
BET. Futures bets often attract (high) odds
to the bettor. An If Win wager is an excellent
choice for money management. You wager a fixed
amount on one team if that team wins or the
game is tied, then another fixed amount -up
to the original amount- shall be placed on
a different 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 wager.
If
Wagers
If wagers allow the customer to make a second
wager pending a win on the first selection. If
wagers must be made on one call, and the second
part of the if wager cannot exceed the amount
of the first selection.
Example:
Dallas Cowboys -5 $110 to win $100 IF (if win,
tie, or cancel) Carolina Panthers +4 $110 to
win $100 If the Cowboys lose, the wager stops
there and is scored a loser -$110; if the Cowboys
win +$100 the wager continues to the Panthers
wager; if the Panthers win, the wager is a
$200 winner; if the Panthers lose the wager
is a $10 loss.
Reverse
Wagers
Reverse wagers are always double action IF bets.
Part A
Cowboys -5 $110 to win $100
IF ( win, tie or cancel )
Dolphins -14 $110 to win $100
Part B
Dolphins -14 $110 to win $100
IF ( win, tie, or cancel )
Cowboys -5 $110 to win $100
If both teams win +400
One win, one loss -120
Both teams lose -220
Push +200
Action
Points
An Action Point wager allows a player to place
a bet on how many points his/her selected team
will beat the spread by up to a set cap. You
can choose your own cap between 1 and 15 points
on Pro-Football games. You choose how much you
wish to bet per action point. When you place
an action point wager, no money is deducted from
your account, but your maximum loss potential
is restricted from your account until the game
is final. You win the dollar amount wagered for
each point the team covers by up to the selected
cap. You lose 1.1 x (dollar amount wagered) for
each point your team does not cover by up to
the selected cap.
Round
Robins
Typically for football and basketball the Round
Robin option allows you to select up to 8 teams
and produce a series of parlay bets involving
a nominated number of teams in every combination.
To select this option click the 'Round Robin'
check box. You will need to also select the number
of teams in each parlay. The drop down menu labeled
'Round Robin teams in each parlay' to the right
of the 'Round Robin' check box provides this
ability. You need to select one of the following:
3 teams every 2 ways = 3
bets
4 teams every 2 ways = 6 bets
5 teams every 2 ways = 10 bets
6 teams every 2 ways = 15 bets
7 teams every 2 ways = 21 bets
8 teams every 2 ways = 28 bets
4 teams every 3 ways = 4 bets
5 teams every 3 ways = 10 bets
6 teams every 3 ways = 20 bets
7 teams every 3 ways = 35 bets
8 teams every 3 ways = 56 bets
5 teams every 4 ways = 5 bets
6 teams every 4 ways = 15 bets
7 teams every 4 ways = 35 bets
8 teams every 4 ways = 70 bets
6 teams every 5 ways = 6 bets
7 teams every 5 ways = 21 bets
8 teams every 5 ways = 56 bets
7 teams every 6 ways = 7 bets
8 teams every 6 ways = 28 bets
The selected item will indicate
to you the number of teams you need to select
as well as the number of bets that will be generated.
The number of teams you select in the drop down
menu must match the number of team selections
you check on the betting page, if this does not
match then an error message will be produced.
The total number of bets will be multiplied by
the stake $value you select. This amount will
be deducted from your account when the bets are
confirmed. Eg. if you select 6 teams every 4
ways this will generate 15 four team parlay bets.
If the stake value selected was $10 then 15 x
$10 = $150 would be deducted from your account.
Wager Types
Below are the most common
terms used in Spread Betting or NFL bet (Index
Wagering) that we could find. Should you ever
need further explanation of a term we will be
happy to help. Always feel free to email our
experts.
BUY -
A wager that the result will be greater than
the higher end of the price. Also known as GO
HIGH.
CLOSING
A BET - Where you place a second wager,
of the same size and in the opposite direction
to your first or existing OPEN/PENDING wagers.
GO
HIGH - A wager that the result will
be higher than the higher end of the price.
Also called a BUY.
GO
LOW - A wager that the result will be
lower than the lower end of the price. Also
called a SELL.
INDEX
BET A wager in which performance is
measured by awarding points for reaching particular
stages or filling particular positions.
IN-RUNNING -
Wagering on an event as it happens, with the
prices being updated constantly. Also known as
LIVE BETTING.
LIVE
BETTING - Wagering on an event as it
happens, with the prices being updated constantly.
Also known as IN-RUNNING.
LOCKED
AMOUNT - This is the amount frozen/tied
up in your account when placing any Spread
Wager.
MAKE-UP -
The result on which a wager is settled. The difference
between this figure and the price at which a
wager is opened, multiplied by the stake, gives
the profit or loss. Also (M/U).
MATCH
BET A wager on the relative performance
of two participants in an event against each
other, regardless of how well any other participant
performs.
MAXIMUM
MAKE-UP - A limit on the result, specified
before the event. If the final result exceeds
the maximum make-up, the latter is used to
settle the bet. Also MINIMUM MAKE-UP.
OPEN
WAGER - A wager that has not yet been
closed or settled. Also known as a PENDING
wager.
PARTIAL
CLOSING - Where you place another bet,
of a lesser size and in the opposite direction
to your open wagers.
PENDING
WAGER - A wager that has not yet been
closed or settled. Also known as an OPEN wager.
POINT
LIMIT - The maximum amount per point
that a client can hold in OPEN POSITIONS on
a specific proposition.
RANGE
MARKET A proposition where the parameters
are either determined by the running time of
the event (ie Time of 1st Goal) or by a scoring
system or MAXIMUM MAKE-UP specified by VIP.
REVERSING
A POSITION - Placing a wager both greater
than and in the opposite direction to your
existing OPEN/PENDING wagers.
SELL -
A wager that the result will be less than than
the lower end of the price. Also known as GO
LOW.
SHIRT
NUMBERS - The numbers worn on the shirts
of scorers, of touchdowns in football, of goals
in hockey & soccer.
SPREAD -
The difference between the prices for buying
and selling.
STAKE-
The amount, in $ per point, goal, stroke, run
etc, nominated by the client to indicate the
size of the bet.
STOP
LIMIT - A limit specified by VIP which
determines the maximum amount that a particular
bet can win or lose.
SUPREMACY -
Also known as WINNING MARGIN. A measure of how
much better one participant performs than the
other.
TOTAL
POINTS - The total number of points
scored by all participants in an event.
VALUE -
The amount you would win or lose on an OPEN wager
if you were to CLOSE that wager.
VOLATILITY -
A measure of how widely the result in a market
is likely to vary. Touchdown Scorers Shirt Nos
are very volatile, the winning score in the US
Masters less so.
WINNING
MARGIN - Also known as Supremacy. A
measure of how much better one participant
performs than the other.
YOUR
CHOICE - A two-sided contest where we
believe both sides have the same chance. You
choose your favorite, but must give your underdog
a small start. Also CH. The equivalent of "pick
em" in conventional wagering.
Just check out this great
collection of resources we've compiled for you
here at Capperspicks.com. Advice on handicapping
and betting games? We've got you covered! Bookmark
this page and check back often as we are constantly
writing new articles that offer betting tips
and sports handicapping
advice to increase your
chances for winning on all those bets you've
placed. We're here for you to help. Email us
if you need anything else that we don't provide.
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ok? LOL!
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