Betting Advice Guide
From Cappers Picks
Internet Wagering
Types & Rules For Sports Gambling
Please take this piece of
advice in mind, remember that all the sportsbook
wager types and rules in this page
can be modified by your sportsbook, we highly
recommend to check all rules before playing.
GENERAL SPORTS BOOK BETTING RULES: All sporting
events must be played on the scheduled day unless
otherwise specified. Sporting events postponed
and then rescheduled, will automatically constitute
a no action wager, and all money will be refunded.
Official Game Times
Sport Scored Official After
Football (NFL) 55 minutes of play
Football (College) 55 minutes of play
Basketball (NBA) 43 minutes of play
Basketball (College) 35 minutes of play
Baseball 5 innings of play (see baseball for
details)
Hockey 55 minutes of play
Golf 54 holes of play (see golf for details)
Boxing After opening bell is rung
Propositions Must have all participants involved
in play for action.
Football
Types of wagers available
for football and basketball: Straight (point
spread & money-line), totals,
half-times, and propositions. NFL and college
football games must go 55 minutes to have action.
All wagers on the side & total will include
all overtime scoring.
Basketball
Types of wagers available
for football and basketball: Straight (point
spread & money-line), totals,
half-times, and propositions.
Baseball
Types of wagers available
for baseball: Straight (run-line & money-line),
totals, and propositions. Winners and losers
are official after 5 innings of play unless
the home team is leading after 4½ innings.
If a game is called, or suspended, the winner
is determined by the score after the last full
inning (unless the home team scores to tie,
or takes the lead in the bottom half of the
inning, in which case the winner is determined
by the score at the time the game called.)
In sports book betting, monies will be refunded
if the home team ties the game and it is then
suspended. Events will not carry over to the
following day (unless otherwise specified).
Baseball games are declared official after 5
innings of play or 4 1/2 innings if the home
team is winning. If a game is called or suspended,
the winner is determined by the score after the
last full inning unless the home team scores
to tie or take the lead in the bottom half of
the inning, in which case the winner is determined
by the score at the time the game is called.
Wagers will be refunded if the home team ties
the game and it is then suspended. Events will
not carry over to the following, unless otherwise
specified.
For total (over/under) wagers, the game must
complete nine innings (8 1/2 if the home team
is winning) to have action. If a game is called
or suspended, the score will be determined by
the last full inning unless the home team scores
to tie or take the lead in the bottom half of
the inning, in which case the score is determined
at the time the game is called. All total wagers
are automatically both listed pitchers (see below).
Rules for run-line wagers and propositions are
the same as those for baseball totals.
There are three wagering options for baseball
(currently, all Internet baseball wagers are
listed pitchers only, check your sportsbook rules!).
Action - wager on team vs. team, regardless
who pitches. If one of the listed pitchers does
not start the game, the line will be adjusted
to the opening line with the new pitcher.
List Both Pitchers
- wager only if both listed pitchers start
the game. The wager will be "no
action" if either or both pitchers do not
start the game.
List One Pitcher -
wager only if one team's listed pitcher starts
the game. The wager will be "no action" if
the specified pitcher does not start the game.
How To Figure Baseball Parlays
For each price or odds quote on your teams,
look at their respective payoffs (to $1) and
always add $1 to these payoffs. Multiply your
bet times the products of these payoffs (+$1)
for your parlay return.
Example: Bet $50 on Twins (-150) parlayed to
Yankees (-130) bet Twins Yankees return
(-150) (-130) $50 X 1.67 X 1.77 = $147.80 return
includes the $50 bet.
Use the same method for any number of team for
example: Bet $75 on Cubs (+120) to Reds (-135)
to Mets (EVEN) for 3 team parlay
BET CUBS REDS METS RETURN
(+120) (-135) (EV)
$75 X 2.20 X 1.74 X 2.00 = $574.20
(1.00 + 1.20) (1.00 + .74) (1.00 + 1.00)
Return includes the $75 bet, remember to always
add a $1 to the payoff price to figure out all
parlays. UP or BACK
Hockey
Types of wagers available
for hockey: Straight (NHL
puck-line & money-line),
totals, and propositions.
In addition, in the
NHL Playoffs, the reason why casinos post lines
in the form of a money line (i.e. PK-250, etc)
rather than use a Puck Line (i.e. 1 11ž2)
is that you cannot have a time game in the
playoffs, one team or the other must win the
game in order to advance to the next round...UP
Golf
Types of wagers available
for golf: Odds to win & place (top four)
tournament, odds to win foursome, straight
bets on daily matchups (odds plus stroke line
with odds), and propositions.
For any wager, if
the selected player (or opponent if daily matchup)
does not tee off, the wager is "no action", and the wager amount
will be refunded. For stroke line wagers, the
player with the "-" is the favorite
and the "+" is the underdog (example,
you wager on Fred Couples (+2) over David Duval,
Couples shoots 68 and Duval 67: Couples is the
winner by a margin of one stroke since Duval
was favored by two strokes).
Odds to Place - Wager on a player to finish
in first through fourth place for the tournament.
If there is a tie for fourth place, the payouts
are calculated by dividing the payout odds by
the number of players tied for fouth place (example,
you wager $10 on Tiger Woods to place, his place
odds are 6 to 1, and three players tie for fourth
place: payout= 6 / 3 = 2; $10 x 2 = $20 total
winnings).
Odds to Win Foursome - Wager on a player to
place higher than the other players in the tournament.
If there is a tie, the leader following the previous
round is the winner. If two players tie every
round, the player who was leading latest in the
final round is the winner.
Daily Matchups: wager on one player to place
higher than another, either for the tournament
of the specified round. If there is a tie, the
wager amount will be refunded.
If a tournament does not go the specified number
of completed holes (usually 72), and the tournament
is shortened by PGA officials, the leader at
the end of number of holes determined by PGA
officials shall be the winner.
Example:
If the tournament was scheduled for 72 holes,
but only 54 holes can be played due to weather
concerns, then the leader at the end of 54
holes would be declared the winner of the tournament.
In the event that two (or more) players are
tied for the lead at the end of regulation
play, sudden death playoff occurs to determine
the winner of the event. In some cases PGA
officials may also have the individuals play
a specified number of holes to determine the
tournament winner.
In head to head matchups, both golfers must
tee off in order to have action. The player with
the most completed holes and the lowest score
is the winner of the matchup.
In the event that one golfer or the other is
disqualified or withdraws, the other player will
be the winner of the matchup. In the event a
tournament does not go the specified number of
completed holes (usually 72), and the tournament
is shortened by PGA officials, the leader at
the end of number of holes determined to be official
by PGA officials shall be the winner. Sports
book betting rules state that if a wager is taken
on a matchup for the overall tournament, both
golfers MUST tee off for action. In the event
that one player or the other is disqualified
or withdraws, the other golfer will be the winner
of the matchup. In the event a matchup is taken
on a round by round basis (1st Round, 2nd Round,
3rd Round, etc) or (1st and 2nd rounds, or 3rd
and 4th rounds), both golfers MUST tee off for
action, and in the event that a wager is taken
on the 1st and 2nd (or the 3rd and 4th rounds)
for the same two players, and the player tees
off in the 3rd round, and then withdraws, the
player remaining would be the winner of that
matchup in the 3rd round, and there would be
NO action on the 4th round wager (since one of
the two players withdrew).
Tennis
Types of wagers available for tennis: Odds to
win tournament, odds to win daily matches, and
propositions. UP
Boxing
Types of wagers available for boxing: Odds to
win fight, draw, total rounds (over, under),
and propositions.
When a draw is available
to wager and the fight ends in a draw, the sportsbook
pays only those who bet a draw. If a draw was
not available at a sportsbook, then all wagers
are refunded. Sportsbooks who did not carry a
draw as an available betting proposition are
obligated to refund all wagers. Sportsbooks which
offered the draw, pay only on the draw and do
not refund any wagers on either fighter. The
only exception to this rule would be when a draw
is listed as a seperate bet. The following is
the correct sport book betting ruling in boxing
involving a draw. When a draw is on the board
as one of the options available to wager on and
the fight ends in a draw, that sportsbook pays
only those who bet a draw. However, if a draw
was not available at a sportsbook, then all monies
are refunded. Sportsbooks who did not carry a
draw as an available betting proposition are
obligated to refund all wagers. Sportsbooks which
offered the draw, pay only on the draw and do
not refund any wagers on either fighter. The
exception to this sports book betting rule would
be when a draw is listed as a SEPERATE wager.
For example, a draw listed with other boxing
betting propositions such as choosing what round
a fighter will be KO'd in, or a fighter by decision
or KO, etc.
Auto Racing
The Official NASCAR winner
of the race shall be the winner of the race for
sports book betting purposes.
Types of wagers
available for auto racing: Odds to win race,
odds to win matchups, propositions.
I n Head-to-Head or Three way matchups, all drivers
must start the race in order to be considered "in
action". In addition, a driver is considered
starting the race after having driven one lap.
In the race a starting driver who has completed
at least one lap, but is replaced during the
race with another driver for any reason, the
starting driver will be awarded the finishing
driver's position at the end of the race.
If a starting driver has to be replaced with
another driver after completing one lap, and
the second driver ends in 10th place, then the
starting driver will be awarded for 10th place.
Example:
Driver Scott starts the race, he completes 10
full laps, but leaves the race due to injury,
and then driver Matt finishes the race and
places 10th. In the race standings, driver
Scott would be credited with 10th place. UP
Horse Racing
Types of wagers available
for horse racing: Odds to win, place & show;
exactas, quinellas, trifectas, and propositions.
Straight Wagers -
Straight bets are very simple, select which
horse will be on the first, second or third
position. Win corresponds to First place, Place
for Second place, and Show is Third Place.
For example, if you wanted to bet $10 on horse
number 3 to win first place, then you have to
bet on "Win". If you want to bet all
three positions, then you must ask for "horse
number 3 all across the board".
Exotic Wagers - All exotic bets are just like
placing a straight wager except now you will
be selecting multiple horses. The following is
a list of exotic wagers:
* Quinella choose horses to come in 1st and
2nd place.
* Exacta choose horses to come in 1st and 2nd
place.
* Perfecta choose horses to come in 1st and 2nd
place.
* Trifecta choose horses to come in 1st, 2nd
and 3rd place.
* Superfecta choose horses to come in 1st, 2nd,
3rd and 4th place.
* Daily Double choose horses to come in 1st place
for 2 races.
* Pick 3 choose horses to come in 1st place for
3 races.
Boxing - With most exotic wagers you may also
box the horses. This means they can come in any
order. ie If you bet a $2 Trifecta Box on horses
1-3-7, you win if any combination of 1-3-7 comes
out. For example, if 7-3-1 comes out you win!
By boxing a wager you are essentially buying
a ticket for all the different combinations for
the horses you selected. So in the above example
the total wager cost would be $12, because there
are 6 combinations possible.
Coupled pairs - Sometimes horses are coupled.
That is there will be a 1 and a 1A. Most times
one of the horses will be scatched, but if they
both run, you get them both. So, if you select
a horse that is part of a coupled pair (horses
1 and 1A) both horses would be considered as
one selection.
Example:
If you played 1-3-7 as your trifecta and result
was 1A-3-7 you win. Also if one horse gets
scratched, you have the other horse regardless
of who you selected. ie If you select 1A and
1A gets scratched - you still have the 1 horse.
Horse Payouts - Payouts will be made based on
the actual track payout. Usually the Morning
Line (ML) listed in any race is just informational
and is not used to calculate the payouts. UP
Soccer
Types of wagers available for Soccer: Odds to
win game (Single bets), half time (1st half and
2nd half), total (over and under), draw, and
propositions.
Single Bets - This
is the exact same thing as taking a money-line,
all though goals scored in extra times don't
count for betting purposes. In some sportsbooks
you will find an "outright
winner", these odds are for bettors that
are predicting the game to go in extra-time,
by penalties or by the golden goal. The winner
for wagering purposes for both side & total
is determined by the final score after 90 minutes
and any over time. The penalty kick or shoot
out round is not included.
Description of Types of
Sport Bets
Straight bets - A straight bet or side bet is
where you choose which team will win the game.
It can be a money-line (-170, +150, etc), point
spread (-4 1/2, +5, etc.) or a rul-line (-1 1/2+25).
Usually there will be a 10% juice for booking,
unless otherwise noted.
For baseball, you bet on which team will win
the game outright, because baseball works with
money lines, for the exception of run lines.
Run lines are the same thing as a point spread.
For basketball or football there will generally
be a point spread as part of the bet. If the
number is positive (+) then you add the points
to your team's score. If the number is negative
(-) then subtract those points from your teams
score. The side with the higher score after the
points are applied is the winner.
Totals - When wagering on
totals you are betting on whether the total points
scored in the game will be higher or lower than
the posted total.
Parlays - A parlay is a
group of straight bets or totals combined into
one bet. For the parlay to win all of the individual
parts of the parlay need to win for the parlay
to be a winner. If you have a tie or a push,
the parlay will revert to the lowest number.You
can also mix different sports on the same parlay
in almost all books.
Teasers - A teaser is a group of straight bets
or totals combined into one bet. The difference
between a parlay and a teaser is that with a
teaser the line you bet against for each individual
wager is moved to your favor by the number of
points of the teaser. If the regular line is
-10 and you have a 6 point teaser then your line
would be -4.
As with a parlay, all of the individual parts
need to win for the teaser to be a winner. In
most sportsbooks you can tie and it will revert
to the lowest number. Teasers are not available
for baseball, due to the money line.
Pleasers - A pleaser is a group of 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
bet is moved against your favor by 6 points.
If the regular line is -10 and you play a pleaser
then your line would be -16.
Example:
Odds:
San Francisco is (-3) over Oakland
Miami is (-8) over Dallas
A "Two Team Pleaser" on San Francisco
and Miami would be:
San Francisco (-9)
Miami (-14)
10 Point Teaser - A 10 point teaser consists
of picking 3 teams to win, there are no ties
in this type of bet. In Football you will receive
10 points (5 pts. for half-time wagers), and
in Basketball you will receive 7 points (3.5
pts. for half-time wagers).
*Normally all these type of exotic wagers are
not taken on preseasons, all though you might
want to talk with a sportsbook representative
to find out if it's available
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.
We'll try to help but don't ask us for money
ok? LOL!
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