Wager Types
Bet It All
Bet
It all refers to making all available events viewable for betting in one screen
at the same time – This is for Straight bets Only.
Straight Bets
A
straight bet is one of the most common forms of sports betting where you pick
in advance which team will win the game.
For
baseball, you bet on which team will win the game outright.
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 team's score. The side with the higher score after the points are
applied is the winner.
Straight
Bets Payoffs - For football and basketball the payoff is $100 for every $110
wagered unless otherwise noted. It is customary when making a bet that
you put up the juice as part of your wager. Therefore, $110 will be
wagered if you specify a $100 straight bet.
For
sports involving no point spread (such as baseball or boxing), the money line
(ML) determines the payoff. If the money line is a negative number, then
you wager the amount of the money line for each $100 of 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. For example, if the money line is +125, then you
would wager $100 to win $125.
When
entering an ML wager using the "base" amount, always enter the amount
you wish to WIN when wagering on a favorite (negative number), and enter the
amount you wish to RISK when wagering on an underdog (positive number).
You also may choose to "risk" or "win" a specific amount
regardless of whether you are wagering on a favorite or an underdog.
Totals
- When you bet on totals, you are betting on whether the total points scored in
the game will be higher or lower than the posted total.
Totals
Payoffs - For football and basketball the payoff for a winner is $100 for every
$110 wagered unless otherwise noted. It is customary when making a bet
that you put up the juice as part of your wager. Therefore, $110 will be
wagered if you specify a $100 total bet.
For
baseball totals, the total points seldom move. Instead, applying a money
line to the total creates line moves. Therefore, your payoff will depend
on the money line at the time of the wager.
Parlay
A
parlay is a group of straight bets of either spreads/moneylines or totals
combined into one bet with an increased pay out (see chart below). For
the parlay to be a winner, all of the individual selections of the parlay need
to win. If there is a push, cancellation, or no action in one or more of
your parlay picks, the wager steps down to the next lower number of
teams. Two team parlays with one selection resulting in a push,
cancellation, or no action, reverts to a straight wager. If all the picks
of your parlay are pushes, cancellations, or no action, your parlay is graded
as a TIE and the risked funds will be returned to your account.
Teaser bet
A
teaser is a group of straight bets and/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. This wager type is available for Football and Basketball
only. Teasers are not yet available for baseball or hockey.
Ties Reduce
Teasers – If there is a push in one or more of your teaser's individual parts,
then the wager steps down to the next lower number of teams. If a
two-team teaser has a push and a winner, then the teaser is "no-action"
(refunded).
Futures
Futures
are bets on future events. At the beginning of the season, the bookmakers give
odds for teams who will win the championship.
Round Robin
Easily
turn your parlay into a Round Robin. A Round Robin bet is a method to box
a parlay. DGS automatically calculates the combinations for you. A
"Round Robin with 2's, 3's" would include all the possible two team
and three team parlays which can be made with all the current selections.
The risk amount entered will be the desired risk amount on each individual
combination created.
If-Bets (Win Only)
An
If-Bet is a chain of wagers that carry over to the next bet only if the player
wins the initial selection. The player has to wager a fixed amount on the
first selection. A new selection can be placed with another fixed amount,
up to the payout amount of the subsequent wager.
The
player must win the first wager in order for the remaining wagers to have
action. If the first wager loses or pushes, there is no subsequent
action. As each selection wins, there will be action on the following
wager. There may be up to 15 selections in one If-Bet. Correlation
restrictions for If-Bets are the same as they are for parlays.
If
"action" is selected on baseball moneyline wagers, the total risk
amounts deducted at the time of placing an If-Bet may exceed the amount of the
initial wager selection. This risk increase is due to a potential price
change, in the event of a pitching change. To avoid available funds being
frozen until the wager is closed, always choose listed pitchers in your If-Bet
selections.
If-Bets (Win or Tie)
Same
as If-Bets (win only) but in this case, a subsequent wager has action if the
prior bet wins OR PUSHES.
Reverses (Win and Action)
A
reverse bet (also known as an action reverse) is a set of if-bets going both
forward and in reverse order and it takes into account win and ties. A Win
reverse only goes if all selections are winners.
If Lose Bets
An
If Lose-Bet is a chain of wagers that carry over to the next bet only if the
player loses the initial selection. The player has to wager a fixed
amount on the first selection. A new selection can be placed with another
fixed amount, up to the payout amount of the subsequent wager.
The
player must lose the first wager in order for the remaining wagers to have
action. If the first wager wins or pushes, there is no subsequent
action. As each selection loses, there will be action on the following
wager.
Key Parlay
It’s
basically a Round Robin. DGS automatically calculates the combinations
for you. The difference between a Round Robin and a Key Parlay is that the
Keyed selections have to be in all of the combinations generated. The risk amount entered will be the desired
risk amount on each individual combination created.
Compact Round Robin
The
difference between a regular round robin and a Compact round robin is that a
compact round robin will be graded as one – this means when all of the
selections in the round robin have been finalized.
Compact If Win Only
The
difference between a regular If Win Only and a Compact If Win Only is that a
compact If Win Only will be graded as one – this means when all of the
selections in the If Bet have been finalized.
Compact If Win or Tie
The
difference between a regular If Win or Tie and a Compact If Win or Tie is that
a compact If Win or Tie will be graded as one – this means when all of the
selections in the If bet have been finalized.
Compact If Lose Only
The
difference between a regular If Lose Only and a Compact If Lose Only is that a
compact If Lose Only will be graded as one – this means when all of the
selections in the If Bet have been finalized.
Compact If Lose or Tie
The
difference between a regular If Lose or Tie and a Compact If Lose or Tie is
that a compact If Lose or Tie will be graded as one – this means when all of
the selections in the If Bet have been finalized.
Compact Reverse Win
The
difference between a regular Reverse bet and a Compact Reverse bet is that a
compact reverse will be graded as one – this means when all of the selections
in the reverse have been finalized.
Compact Reverse Win or Tie
The
difference between a regular Reverse Win or Tie and a Compact Reverse Win or
Tie is that a compact Reverse Win or Tie will be graded as one – this means
when all of the selections in the Reverse have been finalized.
Point Buying
Buying
points moves the point spread in your favor by the number of points
purchased. Customers may buy half points on football and basketball game
sides and totals only when betting straight wagers or parlays. First half
and half-time point buying is not available. Each half point purchased
increases in cost for each additional point. The maximum point buy ranges
from 10 to 20 points based on the league and sport.
The
number "3" and "7" in the football are key numbers.
It costs extra to buy on and off these numbers. The amount of the
extra cost will vary from league to league