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Buy Points. Also, to buy Key Points. Move the Point Spread favorably
at a price. The Moneyline. This establishes the odds for each team but inversely
proportional to what would have been a Point Spread, and is indicated by a + for
the underdog and a - sign for the favorite. Say team A is favorite and quoted at
-180 and B is the underdog at + 120. The bets offered would be 10:18 odds-on for
the favorite, and 12:10 for the underdog. For every $180 you bet on A you would
win $100 or lose $180, but for every $100 you bet on B you would win $120 or lose $100.
Total. A bet for the number of points scored in the game by both teams combined,
including points scored in overtime. Over/Under. A bet that the combined number of
points scored by the two teams in the game will be Over or Under the total set by
the oddsmaker. Parlay or Accumulator. A multiple bet. A kind of 'let-it-ride' bet.
Making simultaneous selections on two or more games with the intent of pressing the
winnings of the first win on the bet of the following game selected, and so on. All
the selections made must win for you to win the parlay. If a game is a tie, postponed
or cancelled, your parlay is automatically reduced by one selection; a double parlay
becomes a straight bet, a triple parlay becomes a double. A parlay bet can yield huge
dividends if won. Teaser. It is like a parlay, but with the option to add or subtract
points (called 'moving the line') from one or more Spread bets. When betting a teaser
additional points are either added to the underdog or subtracted from the favorite.
The odds vary according to the number of points the spread is moved and the number of
teams combined to form the teaser. As in the parlay, all selections must win for the
teaser to win. Teasers odds are usually worse than the parlays. If-wager. A bet that
allows the bettor to make a second wager, up to an equal amount, pending a win on the
first selection. Open Wager. Open wagers allow the bettor to play teasers or parlays
making a selection at different times and even different days. Future. A bet on a
future event. At the start of each season, the sports books give out odds for teams
to win a certain championship. The odds change as the game date approaches and in most
cases get shorter, but if you win you get paid at the original odds that you took. This
is possibly one of the most profitable bets if you have considerable knowledge of the
sport that you are betting on including the players, and a good sense of judgement.
Exotic Bets. Betting on unusual events. Some sports books post odds and take bets on
a wide variety of other sports related events and activities. A few others will take
bets on just about anything you can think of. Proposition Bet or Prop Bet. An offer
of bets at odds and conditions chosen by the sports book, usually on 'Exotic' bets.
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