Lines – means the current odds on a game.
In general there are 2 types of bets that you can make – you can bet against the spread or you can bet the money line:
1) Money Line – is a bet on the winner expressed as money. + 120 means that you win $120 on a $100 bet. -250 means that you have to bet $250 to win $100. If Seattle is at home against the 49ers, if you bet on Seattle winning it will be a large minus number such as -400 but if you bet on the 49ers you will get a large positive such as +350. Money lines are usually used in props, see below.
2) Spread – the other type of bet that you can make is against the spread. The favourite is given odds. For example Seattle would probably be a 10 point favourite to win this game. The spread is 10 points and if you bet on Seattle, the Seahawks have to win by at least 10 for you to win your bet. If you bet $100 you would win $100 (minus the juice, see below). Betting against the spread is the best bet in football.
Over/Under – is another popular bet. Oddmakers will give a total number. The number can be anything. For example the total points scored in game or the number of wins that the Bears will have this year. You bet on whether that number is too high (you take the under) or too low (you take the over). This bet is expressed as a money line ie. Bears over/under on wins for the year is 6 1/2 +120 on the over and -130 on the under.
Parlay – is multiple bets combined together. For example ProLine in Canada is a parlay bet. You are not allowed to pick just one bet, you must select three and you must win all three to win your bet. If you lose even one of them you lose your bet but if you win all of them your bet is multiplied many times. These are not good bets IMO because you don’t get great odds. (at the racetrack these are called triactors and exactors).
Teaser - is a form of a parlay where you also purchase points. The odds of winning a Teaser are better than the odds of winning a straight parlay because the sportsbook is giving you points (ie. better spreads) on the games but the payouts on teasers are much poorer than the payouts on straight parlays.
Proposition or Prop bets – are bets that are not on the outcome of a game. They can be on the number of wins in a season, the points scored by halftime, who will win the next election, when Madison will reach 50,000 posts, anything really.
Tout – are professional wagering “experts”. They sell their advice all over. Stay away from the touts! You will get cheaper advice, just as good right here.
Juice – what the bookie gets. Lets say a game is even and no points are given on either side. The money line will still be +110 for whichever team you pick. The extra $10 goes to the bookie or website or whatever you use as their fee. This is the juice.
Dollar - $100
50 cents - $50
50 cent – a rapper who has been shot and stabbed numerous times. Pronounced “Fity Cent”.
Last edited by Mookie4ever_ffc on Thu Sep 23, 2004 8:52 am, edited 1 time in total.
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