Types of Sports Bets

Straight Bets

A straight bet (a.k.a. "side") 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.

Parlays

A parlay is a group of straight bets or totals combined into one bet. For the parlay to be a winner, all of the individual parts of the parlay need to win. You can mix different sports on the same parlay.

Open-parlays are available for phone wagering. In this option you may choose to leave one or more selections in your parlay "open". You can call at a later time to fill in the spots on that parlay if it is still pending (no losers on the parlay).

Parlays Payoffs

Parlay wager payoffs depend on how many teams are selected and the odds on those teams. Payoffs for football and basketball at odds of -110 are shown in the table below. If there is a tie in one or more of your individual parts, then the wager steps down to the next lower number of teams.

You may choose your "risk" or "win" amount on each parlay played, with a minimum risk and win amount on a parlay. If a two-team parlay has a tie and a winner, then the parlay pays off at straight wager odds on the winning selection.

Teasers

A teaser is a group of straight bets 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. Teasers are not yet available for baseball or hockey.

Teasers Payoffs

Teaser wager payoffs depend on how many teams are selected and how many points are given to each team. Payoffs for football and basketball teasers are shown in the tables below. If there is a tie in one or more of your individual parts, then the wager steps down to the next lower number of teams. If a two-team teaser has a tie and a winner, then the teaser pushes, "No Action."

If a two-team teaser has a tie and a loser, the teaser loses. You may have your account set up for "Vegas" teaser rules (a tie and a loser = a TIE). By choosing this option, the account will not be eligible for bonuses of any kind. Only teasers played AFTER choosing this option will apply for the "Vegas" rules. Not all accounts will be eligible for this rule change.

BetAnySports reserves the right to change teaser payouts on an individual account at any time without prior notice.

Pleasers

A pleaser is a group of football and/or basketball side straight bets combined into one bet. The difference between a pleaser and a teaser is that with a pleaser, the line you bet against for each individual wager is moved against your favor from 6-7½ points. If the regular line is -10 and you play a 6-point pleaser, then your line would be -16.

Pleasers Payoffs

Pleaser payoffs depend on how many teams are in your wager. Payoffs are shown in the table below. If there is a tie in one or more of your individual parts, then the wager steps down to the next lowest number of teams.

If a two-team pleaser has a tie and a winner, then the pleaser pays even money. The software will not automatically credit the even money payout. You must contact customer service to have this even money winner credited.

If a two-team pleaser has two ties, then the wager is a push.

If-Bets (Win Only)

An If-Bet is a wager that carries over to a second team if the player wins on his/her initial selection. For example, the player has to wager a fixed amount on one selection. If that selection wins, then another fixed amount, up to the payout amount of the subsequent wager, can be placed on a new selection.

The player must win his/her first wager in order to continue the action on the remaining wagers. 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 selections, the total risk amounts deducted at the time of the placing an If-Bet may exceed the amount of the initial selection. This risk increase is to due 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 and Push)

Same as If-Bets (win only) except action is taken on same team if team wins OR PUSHES in initial wager up to the original amount.

Rolling If-Bets

A Rolling If-Bet (RIF) is a straight, parlay or teaser wager made contingent on the outcome of a previously placed wager that is still pending. The pending wager can be a wager on an event that is in progress or it can be a wager on an event that has yet to begin. The pending wager cannot be an existing IF-Bet, Reverse, any play with an open leg (Parlay or Teaser), a Free Play, or an Asian Handicap. You can only make a RIF from a Straight Bet, a Teaser, or a Parlay.

How to place a RIF

Once logged into the sportsbook, select Straight, Parlay or Teaser from the sportsbook-wagering menu. The RIF is only available if you select one of these menu items. RIF wagers are not available when Bet the Board is selected.

Make your Straight, Parlay or Teaser selections. Once you have made your wagering selections, a wager a screen will appear and display the “show Rolling-If Bet options” button.

After selecting the Rolling If-Bet Options a window showing all of your eligible pending wagers will display:

Caution! If you only enter the Risk or Win amount, and fail to select a pending wager, the wager will not be considered a Rolling-If Bet. It will be considered a straight, parlay or teaser, depending on your original selection.

Rolling If-Bet (RIF) Rules

When you make a Rolling-If Bet (RIF) from a Parlay that contains a Baseball side, and that side was placed using Action for the pitching option, you can only use the amount you are laying on the first Parlay for the second bet. If, on the other hand, the Baseball side was placed using listed pitchers (or a Run-Line or a Total), you can have the proceeds from the first bet (the lay and any winnings) placed on the second bet.

If you have a Parlay or Teaser and any of the entries tie/push/cancel, the amount available for the RIF If-Wins-Only is the amount you lay plus any winnings from the remaining selections. This amount is the figure that would be paid into the account if the wager would finalize at that time. If you lay an amount in the next leg of an RIF If-Wins-Only greater than the payout from the prior play, you will have no action on the RIF If-Wins-Only. Even if one or more wagers tie/push/cancel, as long as there is one winning wager and the payout exceeds the risk amount of the subsequent RIF If-Wins-Only wager, the next leg of the RIF If-Wins-Only wager will have action.

"RIF Wagers" & "Filling in spots on open-parlays" cannot be done with certain wagering options after a sports series or golf event has begun. 3 and 4 game baseball series prices are blocked from RIF wagering when odds are posted in the second game of the series. Full tournament offerings in golf are blocked for RIF wagering between the first and second round of an event.

Round Robin

Easily turn your parlay or teaser into a Round Robin. A Round Robin bet is a method to box a parlay or teaser. BetAnySports 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.

How to place a Round Robin bet

Once logged into the sportsbook, select Parlay or Teaser from the sportsbook-wagering menu. The Round Robin is only available if you select one of these menu items.

Make your Parlay or Teaser selections.

Verify your selections. Below the selections, you may change your “Single Parlay” into your desired “Round Robin.”

Once you have selected your desired Round Robin, you will be asked to enter a risk amount.

A screen showing your wagers will appear. Please verify your selections then Submit.

To check the status of your wager, simply click "Pending Wagers" in the BetAnySports toolbar.

Reverses

A reverse bet is a series of IF bets going both forward and in reverse order. Each team included in the reverse bet will pair with the other team in order to form two IF bets.

Possible outcomes:

If the Eagles and the Indians both win, you will win $163 on the first part of the wager and $163 on the reverse part, for total winnings of $326.

If the Eagles win and the Indians lose, you will lose $10 on the first part of the wager and $110 on the reverse part, for total losses of $120.

If the Indians win and the Eagles lose, you will lose $110 on the first part of the wager and $47 on the reverse part, for total losses of $157.

If one team pushes, is no action, or is cancelled and the other team is a loss, you will lose $220.

If one team pushes, is no action, or is cancelled and the other team wins, you will either win $126 (63+63) for the Indians or $200 for the Eagles (100+100).

Asian Handicaps

Asian handicaps are most commonly available for soccer matches. Asian handicaps may also be used for other sports such as football, baseball, basketball, hockey, and any other event where a pointspread/handicap is used.

An Asian handicap operates in a similar way to the traditional handicap. But there is a guarantee of funds being won or lost on each selection. There will be two handicaps listed for a game.

For example;
Arsenal -½, -1    -130
Chelsea +½, +1  +110

If you select Arsenal and risk $260 to win $200, your actual bets would be Arsenal -½ -130 $130 to win $100, and Arsenal -1 -130 $130 to win $100.

If Arsenal wins by two or more goals, you would win both halves of your selection. The profit would be $200.

If Chelsea wins the game or the match ends in a draw, you would lose both halves of the selection. The loss would be $260.

If Arsenal wins the match by exactly one goal, you would win the -½ goal selection and push on the -1 goal selection. The profit would be $100.

If you select Chelsea and risk $200 to win $210, your actual bets would be Chelsea +½ +110 $100 to win $110, and Chelsea +1 +110 $100 to win $110.

If Arsenal wins by two or more goals, you would lose both halves of your selection. The loss would be $200.

If Chelsea wins the game or the match ends in a draw, you would win both halves of the selection. The profit would be $220.

If Arsenal wins the match by exactly one goal, you would lose the +½ goal selection and push on the +1 goal selection. The loss would be $100.

Totals can also have split offerings, and work similar to Asian handicaps. For example, if a player bets Arsenal/Chelsea game under 2½, 3 -110, half the bet would be under 2½, and half would be under 3. Just like the Asian handicap on the side of a match, a player could win/lose all or half of their bet depending on the outcome of total goals.

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