Parlay – A parlay involves two or more picks, all of which have to win outright to payout. You have a five-team parlay, and all but one game wins? You hit 80% of your bets, but your parlay still loses just the same as if you went 0-for-5. Two-team parlays traditionally pay 2.6-to-1, three-team parlays pay 6-to-1, four-team parlays pay 10-to-1. Push – When a point spread wager lands exactly on the line offered by the sportsbook. The bettor receives their money back if they push. For example, New England Patriots are favored by 14 points against the New York Jets. If they win by exactly 14 points, the wager pushes and the bettor gets their original wager back. For example, if you have a 4 team parlay and one of the selections is a tie (only on 2 way markets), the leg would be considered a 'push'. In this instance, the 4 team parlay would then become a 3 team parlay and would be settled at reduced odds to reflect a winning 3 team parlay. A strong start to the year will have Best, along with the likes of Zac Lomax and Campbell Graham, in the frame after non-specialist centre pairing Jack Wighton and Clint Gutherson put in mixed. A parlay bet is one of the most popular forms of sports betting. What's great about parlays is that sports bettors can bet on two or more point spreads, OVER/UNDERs or Moneyline Bets, earning a higher payout if all of their picks win as opposed to making a single bet on each one individually.
- What Happens To A Parlay On A Push In Golf
- What Happens Parlay If There's A Push
- What Happens To A Parlay On A Push Mower
- What Happens To A Parlay On A Push Button
Available Bet Types:Straight Wagers, Proposition Wagers, Parlays, Live Wagers, Period Wagers, Round Robins, Futures, Double Result
Spread/Puck Line Wagering
Spread/Puck Line Wagering in Ice Hockey is a straight wager on the goal spread. When making a spread wager, the team you wager on must cover/beat the goal spread. This means that the favored team must win by more than the minus spread value. The underdog must win the game, or lose by less than the plus value. Overtime counts.
What you need to know
- Games must go 55 minutes for wagers to stand. If a game is suspended prior to the 55th minute of play wager will be void unless the result of a wager has been clearly determined during the normal course of play.
- Overtime (including any subsequent shootout) counts for all markets unless stated otherwise.
- In the event of a shootout, the winning team will be credited with one goal. This counts for all applicable wagers, like spreads and totals.
Additional NHL Betting Rules
- Double Result: For this wager you are choosing which team will be winning at the end of the 1st period followed by which team will be winning at the end of the 3rd period. So if you select Team A/Draw, your wager would be on Team A to be winning after the 1st period and a draw at the end of the 3rd period.
- Player Props:
What Happens To A Parlay On A Push In Golf
Overtime counts for all player proposition markets. Players must appear on the ice during play for wagers to stand. If the player does not appear on the ice, wagers are voided. Only goals scored in regulation or overtime count for settlement purposes. Shootout goals do not count.
- Anytime/First Goalscorers:
For the purpose of settlement all skaters who are dressed to play are considered runners. In the event a player does not dress for a game, wagers on that player will be void. Only goals scored in regulation or overtime count for settlement purposes. Shootout goals do not apply for settlement.
Legal sports betting is expanding quickly in the US, and bettors are eager to put a couple sawbucks on that first NFL game … or tonight’s Yankees games … or on the Red Wings to win the Stanley Cup … or whatever. But maybe this whole sports betting thing is new to you. TheLines has got you covered.
Here’s a look at some common sports betting terms someone new to the game might need to place those bets – and hopefully cash a few tickets.
Accumulator – This is similar to a parlay in that it involves a series of bets in one wager. Each of the bets must win in order for the wager to win. If one leg of an accumulator loses the wager loses.
Alternate Lines – All sportsbooks offer lines (point spreads) on sporting events. Some sportsbooks may offer different (or alternate) point spreads that pay different odds for the same game. These provide bettors more options to wager on certain games.
American Odds – American odds are displayed differently than the rest of the world. Moneyline odds are shown as + or – a number in the US. Outside of the US, the same odds might be presented with a decimal point or by a fraction. Example: Yankees +400 American odds would be 5.0 or 4/1. The bettor takes home the same amount of money if the wager wins.
Arbitrage – This betting strategy involves placing a wager on all possible outcomes of an event so that that there’s a guaranteed profit regardless of the winner. This is best done with moneyline or futures wagers in the US and will usually take place across multiple sportsbooks.
Asian Handicap – An alternative way to bet soccer where the better team is “handicapped” to be the favorite. This form of betting was started in Asia.
Backdoor Cover – This is a popular term for a team that covers a point spread late in a game. The team with the late cover may or may not affect the actual result of the game, just the wager.
Banker – A banker is a European wager similar to a round robin bet in the US. Different teams are placed in a “system bet” to make different “accumulator” (parlay) bets.
Bankroll – Total amount of money a bettor has to place wagers.
Beard – This is a person who places a wager for another person who wishes to remain unknown.
Betting Exchange – A betting platform where people wager against one another instead of betting against a sportsbook. The exchange operator takes a small percentage of winning wagers. This is often seen as the most efficient market for sports betting.
Betting Unit – A betting unit is the amount of a typical wager. Bettors may have different sized bankrolls and a unit is a way to share how much was bet without giving away a specific dollar amount. For example, a high roller might have a unit size of $10,000 per wager while a low roller has a unit size of $20 wager per wager.
Bonus – Sportsbooks offer a financial bonus to customers for a variety of reasons. A signup bonus is the most popular way to incentivize bettors to use a certain sportsbook.
Chalk – A term for the team that is the favorite in an event. This team or player is usually a big favorite. The chalk is the expected winner by a large margin.
What Happens Parlay If There's A Push
Circle Game – A game is circled by a sportsbook because betting limits are lower than usual. This most often happens when there’s a questionable injury before a game. It can also happen if there’s potentially bad weather, a trade rumor, or the possibility of “load management” which might give a player a night off.
Opening Line – This is the first point spread available for a game.
Closing Line – This is simply where the point spread is when the game begins.
Closing Line Value – This term is used by bettors to measure the value of the line they wagered before the line that was the last available before a game begins.
Consensus – The general agreement about something. In sports betting consensus could be the most popular teams bet or line available for a game.
Contrarian – Betting against the trends of the mainstream popular opinions. Bettors usually place contrarian wagers when there is value on the opposite opinion.
Dead Heat – Another way to say that there is a tie in a finishing position. Sportsbooks have different rules on how to pay in the event of a tie or dead heat in an event.
Decimal Odds – This is a different way to present odds than Americans are used to. They’re sometimes called “European odds” since this is how odds are listed with European sportsbooks. The math is easier to figure out for most bettors than US moneyline odds. Decimal odds are derived from a simple calculation of the amount bet x odds.
Dime Line – This is a “10 cent” difference between the moneyline odds payout between the money laid on the favorite and the money paid by the underdog. For example, Vegas Golden Knights -125 vs. San Jose Sharks +115. The difference of 10 (dime line) is the traditional profit margin for sportsbooks. Draftkings contest types.
Dog – Short for underdog. This is the team that is not expected to win.
Double Chance – This is a European sports betting term mostly used for soccer betting. A double chance wager allows the bettor two opportunities to win a bet. For example, a result in soccer can be a win, loss, or tie. A double chance bettor may combine two of the three results instead of just one. This gives the bettor twice the chance to win the wager.
Double Pop – A European way of saying that a bettor will bet twice the normal amount. In the US this is known more often as doubling up.
Early Cash Out – A way for bettors to settle a wager for a certain dollar amount before the event is over. This is a way to lock in a profit at a smaller value than the wager would ultimately pay.
What Happens To A Parlay On A Push Mower
Edge – The advantage a bettor has against the sportsbook (or vice versa).
Even Money – A wager that pays the same as was risked. An even-money sports bet is listed as +100 or -100 in a sportsbook. Unlike traditional -110 wager, there’s no vigorish paid to the sportsbook. A bettor risks $100 to win $100 instead of wagering $110 to win $100.
Exacta – Choosing horses to finish first and second in a race. This is sometimes, but rarely, offered for other competitive sports.
Exotic Wager – These are non-traditional sports bets. Exotic wagers aren’t point spread, moneyline, or futures bets on a certain event. This kind of wager is often listed as a prop bet in a sportsbook.
Expected Value – This is a calculation used by a bettor to determine whether a wager should win or lose over time. Positive expected value (EV) bets over time is a good way to become a winning sports bettor.
Exposure – The amount of money a sportsbook potentially could lose for a specific event. For example, sportsbooks might have a lot of exposure (money at risk) on one team winning a championship versus another.
First Half – A derivative bet that can be placed on a sport that has two halves. Football and basketball are the most popular sports to place a first half wager. In soccer, this might be called a “half time result.”
Fixed Odds – These are the odds that most sports bettors will experience. Once a wager is placed, the odds are set and don’t change. Horse bettors might experience a change in odds from parimutuel betting.
Flat Betting – Simply put, this is a betting system where all wagers are the same. A bettor doesn’t change the wager amount based on wins, losses, or any other outside opinion. The wager is usually a percentage of bankroll but could also be a fixed dollar amount.
Fractional Odds – Another kind of odds used mainly in Britain and Ireland. Odds are listed in fraction form (1/5) instead of as a moneyline (-500) that US sportsbooks use.
Grand Salami – A popular hockey bet which the wager is for the over/under on total number of goals scored by all teams in a day. Some sportsbooks may offer derivative versions for home, away, or periods of games during the day. Some sportsbooks may offer a similar bet for runs in Major League Baseball.
Handicapper – A person who analyzes sports events to predict the winning team or player.
Handle – The amount of money a sportsbook or sportsbooks take from wagers. This could be broken down by sport, region, casinos, and more.
Hedge – Hedging is a strategy used by sports bettors to either reduce the risk of or to guarantee a profit from a wager.
Home Field – This the field (court, rink, etc.) where one team plays its games.
Hook – Another way to say half of a point. For example, a team may be a 3.5 point underdog. That could be called “three and a hook.”
Joint Favorite – When there are two favorites for an event. This is mostly used in England.
Kelly Criterion – A popular bankroll management strategy for a bettor who seeks to limit losses while maximizing the amount won.
Layoff – When a bookmaker reduces the risk of losing wagers by placing a bet with a different sportsbook(s). This typically happens when there is lopsided wagering on one side of a game and the sportsbook or a bookie want to alleviate potential losses.
Listed Pitcher – This is a baseball bet that is active only if the pitcher listed as the starter throws the first pitch of a game. If the pitcher doesn’t matter a bettor can place a wager on “action.” The latter wager will happen regardless of who starts the game to the team bet on.
Live Betting – Placing a wager on a game or event while it’s taking place. This is also known as In Play wagering.
Lock – Another way of saying that a team or player will be an easy winner. (Note: This isn’t always the case, no matter what a sports prognosticator or tout says.)
What Happens To A Parlay On A Push Button
Margin – This is a wager where a bettor selects a team to win or lose by a specific number of points regardless of the point spread. For example, the Oakland Raiders will defeat the Los Angeles Chargers by 10-14 points. The Raiders must win by 11, 12, or 13 points for a win. A victory by 10 or 14 points is a push.
Martingale System – A gambling system where bettors doubles the amount of a wager after losses. This system can be used for sports and other forms of gambling (i.e. blackjack).
Middle/Middling – Middling a sports bet is playing different sides of the same game. This gives a bettor multiple chances to win wagers on the same game.
Matched Bet – When a bettor uses free wagers from a sportsbook operator to increase potential profit. This is a popular technique employed in new legal US sports betting markets as promotional offers are available.
Nickel – Placing a $500 wager. A “Dime” is a $1,000 wager.
Novelty Bet – Placing a wager on a non-sports event with a sportsbook. For example, placing a wager on the Oscars in New Jersey. These kinds of wagers are more popular overseas.
Odds-on Favorite – When a team or person is heavily favored to win a game or event. They often have very low odds paying much less than the amount wagered.
Off the Board – When a sportsbook stops taking wagers on an event or participant they remove the game odds from the betting board. This often happens when a player is uncertain to participate because of an injury.
Public Betting Percentage – This is the percentage of wagers placed by the general betting public.
Puck Line – This is a point spread of sorts based on goals scored during a hockey game. The base puck line for a game is often plus or minus 1.5 since there are so few goals scored. Sportsbooks might offer an alternative puck line with more or fewer goals scored.
Puppy – Another way to say a team is an underdog in a game.
Push – When a point spread wager lands exactly on the line offered by the sportsbook. The bettor receives their money back if they push. For example, New England Patriots are favored by 14 points against the New York Jets. If they win by exactly 14 points, the wager pushes and the bettor gets their original wager back.
Player Props – A player prop bet is a wager on an individual player to do something during a game. For example, which player will score first in a football game?
Power Ranking – (AKA Power Rating) – Creating a ranking score for each team so that a bettor, handicapper, or sportsbook can create a point spread. Experienced handicappers use their point spreads to compare with a sportsbook in order to find the best bets available.
Reduced Juice – When a sportsbook lowers the vig on a game. For example, a sportsbook might offer -105 for a game instead of -110. This reduced juice will allow the potential for a bettor to take home more money if the wager wins.
Reverse Line Movement – When a line (or point spread) moves differently than the money wagered on the game or event.
ROI – ROI is an acronym for Return On Investment. The ROI of a sports wager can simply be calculated this way: (Gain from Investment – Cost of Investment) / Cost of Investment.
Round Robin – A wager that involves making multiple parlay bets at the same time.
Run Line – This is a point spread of sorts for baseball games based on the number of runs scored. The run line is typically plus or minus 1.5 since there are so few runs scored in baseball. Sportsbooks might offer an alternative run line with more or fewer runs scored.
Runner – A person who places wagers at a sportsbook for someone else. This person may also be known as a beard.
Sharp Money – Money wagered by sports bettors that a sportsbook operator respects. Sharp money often comes from large wagers placed by professional bettors. It should be noted that not all large wagers are considered Sharp.
Square – A casual and recreational sports bettor. This is someone betting on sports as a hobby. They’re not as respected by sportsbook operators as sharp or professional bettors.
Steam – This is when odds change because of the money wagered on a game or participant. Some bettors will “follow the money” or “chase steam” thinking the bettors know something they may not.
Straight Up – When a team wins or loses an event. The point spread isn’t involved with the winner or loser.
Take the Points – When a bettor places a wager on an underdog they are taking the points offered by the sportsbook.
Take the Price – Similar to taking the points. This is when a bettor takes the price on a game offered by the sportsbook. The bet is typically wagering a moneyline on the underdog.
Tissue Price – The initial odds offered by a sportsbook. This price is usually considered to be the fairest price on a wager.
TKO – Abbreviation for a Technical Knockout in boxing.
Totals – Totals are the numbers that bettors will choose the over or under on points (or runs, goals, etc,) scored.
Tout – A person who sells or gives away sports betting picks.
True Odds – True odds are the actual odds of an event happening. In sports betting this is the most accurate point spread or moneyline.
Wire-to-Wire – This is a wager that a team will lead at every quarter or for a specific number of quarters. Wire-to-wire bets are the most popular in basketball.