Basketball Betting Rules
Straight Wagers - Totals Over/Under
Money Line Wagering - Parlays - Teasers
Money Line Wagering
With this type of wager you wager which team is going to win. Disregarding the point spread.
Example:
Orlando Magic -280
Houston Rockets +240
- If you wager on Orlando -280 you lay $280 to win $100.
- If you wager on Houston +240 you lay $100 to win $240.
Parlays
This play is a selection of teams in no particular order, in one play. All teams must win by the point spread margin. The more amount of teams, the greater the payoff.
Example:
2 team parlay for $100
Portland Trail Blazers +4
San Antonio Spurs -10
The payout in a 2 team parlay is 13/5 this means you are risking $100 to win $260. In case of a tie or no action the parlay will revert to the lower level payoff, except in a 2 team parlay where a tie reverts to a straight bet.
| 2 teams |
pays |
5/13 |
| 3 teams |
pays |
6/1 |
| 4 teams |
pays |
10/1 |
| 5 teams |
pays |
21/1 |
| 6 teams |
pays |
40/1 |
| 7 teams |
pays |
75/1 |
| 8 teams |
pays |
150/1 |
Teasers
This is a wager in which 2 to 7 teams are selected together in one wager with an adjusted point spread. In a teaser you can add points to the sides or mix both sides and totals adding or subtracting to the totals. If one selection loses the teaser is considered a loss.
Example:
2 team teaser 5 pts for $100
Lakers +4+5 pts = the teased line is now +9
Knicks -3+5 pts = the teased line is now +2
The payout in a 2 team teaser for 5 pts is 13/10 In this case you will lay $130 to win $100.
| Basketball Teasers |
|
|
4 Points |
4.5 Points |
5 Points |
| 2 teams |
11/10 |
12/10 |
13/10 |
| 3 teams |
9/5 |
8/5 |
3/2 |
| 4 teams |
3/1 |
5/2 |
2/1 |
| 5 teams |
2/9 |
4/1 |
2/7 |
| 6 teams |
7/1 |
6/1 |
5/1 |
| 7 teams |
8/1 |
7/1 |
6/1 |
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