A bet placed on the team or player that you believe will win, regardless of any points spread, and usually placed at the Money Line. Sportsbooks can allow players to alter the set points line and will adjust the odds accordingly. Say a bettor decides they want to bet a team as a 4-point underdog (+4) instead of the set line of 2.5.

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To win the over bet, the two teams’ final combined score must be 10 or more runs. In this example, the over bet loses and the under bet wins. Parlay Parlay bets are wagers where you combine multiple selections into a single bet. The benefit of a parlay is the payout because you can bet a small amount and win big.

Halftime bet – A bet placed on scoring in the second half of a game, including any overtime periods. Buy – A player pays an additional price to receive a half-point or more in his favor on a point-spread game. Book – An establishment that accepts bets on the outcome of sporting events. Puck line – In hockey, a spread used instead of the money line. The most common types of parlays are Round Robin parlays and Teasers. In the four-team parlay above, imagine Houston lost by three but the other legs won.

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The Number of Selections value is automatically updated when you switch between different bet types, ifthe current value is less than the Profit Margin Formula minimum required for the type of bet. Your total risk and total possible win amounts are automatically calculated for you. The image below shows the round robin option on the menu of three different US sportsbooks. Has by far the best interface and also allows up to 8-selections for all combos.

For instance, you will be able to bet on the total points scored by each team individually rather than the combined total. You can also bet on the total points scored in a particular quarter or half. In this instance, if you think that the total score will be 241 or greater, then you bet over and if you think it will be 240 or lower, then you bet under.

If Kaitlyn bets on Boston, they would have to defeat Detroit by a total of 8 points in order for her to win the bet. If she bets on Detroit, they would have to win outright or lose by no less than 7 points. Make sure to check out our entire “Sports Betting 101” series.

Multiple bets are also advantageous as they allow you to cover different betting lines, like moneyline bets and point spreads. Other multiple bet types you can choose from include teaser bets and parlay bets. Most online sportsbooks will carry the Round Robin bet option as long as they have developed it their bet engine. Many customers may get confused after they have made a round robin bet because it will not show up in their bet history as a round robing.

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That means you select all possible 2 team combinations of your parlay and all possible 3 team combinations of your parlay. If a minus (-) sign is before the spread number, this means the team is favored to win and must win the event by more than the number value listed. A bet on Boston pays more; a $100 wager gives you a chance to win $120.

Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate team, association, or league. For further guidelines please visit our responsible betting page. As with any type of accumulator bet, with the round robin your three selections can cover pretty much any any type of sporting, racing or current affairs event.

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Teaser Teasers are parlay bets that allow you to shift a point spread in your favor by certain designated amounts. As a result, your payout is reduced, but your chances of winning are better. Futures Futures are wagers placed on an event typically settled on a later date. For example, placing a wager on a team to win the championship in their designated sport (i.e. 2020 Pro Hockey Championship). For example, a three-team round-robin consists of three 2 team parlay bets (Team A + Team B, Team A + Team C, Team B + Team C).