Sports betting - SugarHouse Casino
SPOHROTWS BETTOTI:NG
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TYPES OF SPORTS WAGERS
ALTERNATIVE LINE also known as Teasers and Pleasers. A teaser is a wager in which a team(s) are bet, but the bettor adjusts the spreads for less favorable odds. A pleaser is the opposite, where as the bettor wants to make a more difficult spread for more favorable odds.
FUTURES ("Outright" or "Place") betting is where it is possible to choose from a list of alternatives and bet on the eventuality that a participant wins or places within a specified position in the classification of the listed event/competition.
IN-GAME WAGERING is a service offered by books in which bettors can place multiple bets in real time, as the game is occurring.
MONEYLINE (to win) is where it is possible to bet on the (partial or definite) outcome of a game or event, i.e. who will win.
SPREAD BETTING (points spread in football and basketball, runline in baseball, puckline in hockey or "handicap") is where it is possible to bet on whether the chosen outcome will be victorious once the listed spread/line is added/subtracted (as applicable) to the game/period/total score to which the bet refers to. In those circumstances where the result after the adjustment of the spread/line is exactly equal to the betting line, then all bets on this offer will be declared void and wagers refunded.
OVER/UNDER (aka Totals) is where it is possible to bet on the (partial or definite) amount of a redefined occurrence (e.g. points, runs, goals). Should the total amount of the listed occurrences be exactly equal to the betting line, then all bets on this offer will be declared void and wagers refunded.
3-WAY MONEYLINE is where it is possible to bet on three (3) outcomes of a game or event. The options are: home team to win, tie or away team to win.
SPORTS BETTING TERMINOLOGY
ATS ("AGAINST THE [POINT] SPREAD"): If a team is 5?2 ATS, it means it has a 5?2 record against the point spread, or more commonly referred to simply as the "spread."
COVER: The betting result on a point-spread wager. For a favorite to cover, it has to win by more than the spread--an underdog covers by winning outright or losing by less than the spread.
FAVORITE: The expected straight-up winner in a game or event.
MONEYLINE: A bet in which your team only needs to win. The point spread is replaced by odds.
PARLAY: A wager in which multiple teams are bet, either against the spread or on the moneyline.
PUSH: When the result of the game lands on the spread. The bettor does not win or lose and the bettor gets their money back.
SPORTSBOOK: A sportsbook is a place where a player can wager on various sports competitions, including golf, football, basketball, baseball, hockey and more.
UNDERDOG: The team that is expected to lose straight up.
VIG/VIGORISH: The customary commission the house takes; also called the "juice."
WAGER: A bet that is made.
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MONEYLINE WAGERS
HOW TO:
PLACE A MONEYLINE WAGER
(picking the team that will win)
On all wagers you receive your initial investment back with a winning wager.
SUGARHOUSE CASINO ODDS BOARD
409
Dallas
41
+175
410
Philadelphia
-7
-250
409 410
This is the rotation number.
Each team has a rotation number that allows the
employee to find your bet faster.
Dallas Philadelphia
These are the teams that are playing in the event.
41
(Over/Under and point
Xspread is not applicable in
-7
moneyline wager.)
+175
This is the underdog.
-250
This is the favorite.
WHAT TO SAY:
IF YOU WANT TO TAKE PHILADELPHIA TO WIN THE GAME AND BET $50:
"BET $50 ON THE 410 MONEYLINE." You are wagering $50 on Philadelphia to win to make a
profit of $20. This is because Philadelphia is -250.
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PLACING A WAGER ON THE FAVORITE
PLACING A WAGER ON THE UNDERDOG
WAGER $10
-110 ? Bet $10 to win $9.09 in profit
-120 ? Bet $10 to win $8.33 in profit
-130 ? Bet $10 to win $7.69 in profit
-250 ? Bet $10 to win $4 in profit -500 ? Bet $10 to win $2 in profit -1,000 ? Bet $10 to win $1 in profit
WAGER $50
-110 ? Bet $50 to win $45.45 in profit
-120 ? Bet $50 to win $41.67 in profit
-130 ? Bet $50 to win $38.46 in profit
-250 ? Bet $50 to win $20 in profit
-500 ? Bet $50 to win $10 in profit
-1,000 ? Bet $50 to win $5 in profit
WAGER $100
-110 ? Bet $100 to win $90.90 in profit
-120 ? Bet $100 to win $83.30 in profit
-130 ? Bet $100 to win $76.90 in profit
-250 ? Bet $100 to win $40 in profit
-500 ? Bet $100 to win $20 in profit
-1,000 ? Bet $100 to win $10 in profit
WAGER $500
-110 ? Bet $500 to win $454.50 in profit
-120 ? Bet $500 to win $416.50 in profit
-130 ? Bet $500 to win $384.50 in profit
-250 ? Bet $500 to win $200 in profit
-500 ? Bet $500 to win $100 in profit
-1,000 ? Bet $500 to win $50 in profit
WAGER $10
+110 ? Bet $10 to win $11 in profit
+120 ? Bet $10 to win $12 in profit
+130 ? Bet $10 to win $13 in profit
+250 ? Bet $10 to win $25 in profit
+500 ? Bet $10 to win $50 in profit
+1,000 ? Bet $10 to win $100 in profit
WAGER $50
+110 ? Bet $50 to win $55 in profit
+120 ? Bet $50 to win $60 in profit
+130 ? Bet $50 to win $65 in profit
+250 ? Bet $50 to win $125 in profit
+500 ? Bet $50 to win $250 in profit
+1,000 ? Bet $50 to win $500 in profit
WAGER $100
+110 ? Bet $100 to win $110 in profit
+120 ? Bet $100 to win $120 in profit
+130 ? Bet $100 to win $130 in profit
+250 ? Bet $100 to win $250 in profit
+500 ? Bet $100 to win $500 in profit
+1,000 ? Bet $100 to win $1,000 in profit
WAGER $500
+110 ? Bet $500 to win $550 in profit
+120 ? Bet $500 to win $600 in profit
+130 ? Bet $500 to win $650 in profit
+250 ? Bet $500 to win $1,250 in profit
+500 ? Bet $500 to win $2,500 in profit
+1,000 ? Bet $500 to win $5,000 in profit
You can bet any amount you want,
these are example increments.
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POINT SPREAD WAGERS
HOW TO:
PLACE A POINT SPREAD WAGER
(picking the team to beat the spread)
On all wagers you receive your initial investment back with a winning wager.
SUGARHOUSE CASINO ODDS BOARD
409
Dallas
41
+175
410
Philadelphia
-7
-250
409 410
This is the rotation number.
Each team has a rotation number that allows the
employee to find your bet faster.
Dallas Philadelphia
These are the teams that are playing in the event.
This is the over/under bet. You would be betting on 41 whether the total points are
over or under 41.
This is the point spread.
Since it is next to
-7
Philadelphia, that means
Philadelphia is favored
by 7 points.
+175 -250
X(These betting odds are not applicable when picking a point spread winner.)
WHAT TO SAY:
IF YOU WANT TO TAKE PHILADELPHIA TO COVER THE SPREAD AND BET $50:
"BET $50 ON THE 410 POINT SPREAD." You are wagering $50 on Philadelphia to win by more
than 7 to make a profit of $45.45. Standard point spread wagers are -110.
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STANDARD POINT SPREAD OR OVER/UNDER BETS ARE SET AT -110. BELOW ARE EXAMPLES OF A -110 BET.
If you hit the point spread exactly, the bet is pushed. -110 ? Bet $11 to win $10 in profit
-110 ? Bet $110 to win $100 in profit -110 ? Bet $1,100 to win $1,000 in profit
-110 ? Bet $55 to win $50 in profit -110 ? Bet $27.50 to win $25 in profit
-110 ? Bet $77 to win $70 in profit
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OVER/UNDER WAGERS
HOW TO:
PLACE AN OVER/UNDER WAGER
(picking the combined points of the game)
On all wagers you receive your initial investment back with a winning wager.
SUGARHOUSE CASINO ODDS BOARD
409
Dallas
41
+175
410
Philadelphia
-7
-250
409 410
This is the rotation number.
Each team has a rotation number that allows the
employee to find your bet faster.
Dallas Philadelphia
These are the teams that are playing in the event.
This is the over/under bet. You would be betting on 41 whether the total points are
over or under 41.
This is the point spread.
Since it is next to
-7
Philadelphia, that means
Philadelphia is favored
by 7 points.
+175 -250
X(These betting odds are not applicable when picking a point spread winner.)
WHAT TO SAY
IF YOU WANT TO TAKE THE OVER IN THIS GAME:
"BET $50 ON THE 409 OVER." You are wagering $50 on the combined score of the
game to be over 41 points to win $45.45. Standard point spread wagers are -110. 7
STANDARD POINT SPREAD OR OVER/UNDER BETS ARE SET AT -110. BELOW ARE EXAMPLES OF A -110 BET.
IF YOU HIT THE POINT SPREAD EXACTLY, THE BET IS PUSHED.
-110 ? Bet $11 to win $10 in profit -110 ? Bet $110 to win $100 in profit -110 ? Bet $1,100 to win $1,000 in profit -110 ? Bet $55 to win $50 in profit -110 ? Bet $27.50 to win $25 in profit -110 ? Bet $77 to win $70 in profit
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