US Sports Betting (Basketball)

For Basketball the following wagers are available:

Example basketball line:

The home team is always displayed on the bottom line, therefore in this example the Indiana Pacers are the home team. Detroit Pistons are the underdog, illustrated by the fact that their Spread is a plus (+). If the final result, taking in to account any handicaps, is a tie (also known as a 'Push'), the bet is considered void and your stake is returned. This rule applies to all the following single US bets.

Basketball uses a 20 cent line.

Total wagers

With Totals, you can wager whether the combined scores of both teams will go over or under the nominated total (in this example, 7).

Example bet:

$100 on the total to go UNDER 205 at -1.10
If the final combined score for both teams adds up to less than 205 points, your return would be $190.90 ($90.90 winnings plus your stake returned)

If the score falls exactly on the nominated Total this is classed as a Push, therefore the wager is void and your stake is returned.
Overtime counts for this bet.

Buying half points

A customer may wish to take a more advantageous number by adding or subtracting points from the Spread or the Total.

Example bet:

$100 on the Indiana Pacers at -6.5 -1.10, with point
The customer buys the point for 10c, thereby making the bet: $100 on the Indiana Pacers at -6.0 -1.20.

If the Pacers win by 7 points or more, the bets wins and your return would be $183.33 ($83.33 winnings plus your stake returned).

Moneyline wagers

A Moneyline wager is a wager to win the game outright, i.e. with no handicapping. This tends to be a less popular bet than the Side, as the Side usually offers a better value price.

Example bet:

$100 on Detroit Pistons at +2.50

If the Detroit Pistons win the game, your return will be $350.00

($250 winnings plus your stake returned).

A Note on Centlines

The centline is the American system of prices. The type of centline used determines the difference in price between the favorite and the underdog, and also determines the incremental difference between one line move and the next.

If it is a 20 cent line the favorite is 20 cents more than the underdog
e.g. +1.20 against -140, +140 against -160

If it is a 10 cent line the favorite is 10 cents more than the underdog
e.g. +1.20 against -130, +140 against -150

Futures

This is a bet to predict who will win a championship, or a tournament or a race, where a number of teams are all competing to come first. For example, a bet on who will win the NBA Championship. Your bet only wins if your selection takes first place.
Note: US Futures use fractional prices instead of a centline.

Example Bet:

2000 NBA CHAMPIONSHIP

If LA Lakers won the NBA Championship at 5/2 your return would be $350 ($250 winnings plus your $100 stake returned).

Parlays

Parlay rules
For the purposes of these notes, the following definitions are used:
Fixed odds selections include Side and Totals for NFL, NCAA, CFL, NBA and NCAA Basketball.
Non fixed odds selections include Moneyline selections for the above sports when available, and all selections for MLB and NHL
A fixed odds parlay is a parlay containing only fixed odds selections
A non fixed odds parlay is a parlay containing no fixed odds selections
A mixed parlay is a parlay containing both fixed odds and non fixed odds selections.

A favorite is any line with a - (minus) value
An underdog is any line with a + (plus) value

1.  For a Parlay to win then all selections must win

2.  A Parlay must consist of a minimum of 2 selections

3.  The maximum number of teams in a fixed-odds Parlay is 10

4.  The maximum number of teams in a non fixed odds or mixed Parlay is 6.

5.  In a fixed odds parlay, none of the selections can be less than -1.20

6.  No more than four underdogs can be included in any one parlay unless they are fixed-odds Side and Total bets

7.  Fixed Odds Parlays can include Sides/Totals/Moneylines/Runlines for all sports where available

7.1  Non Fixed Odds Parlays can include Sides/Totals/ Moneylines/ Runlines where appropriate. You can parlay NFL, NCAA, NBA, NCAA selections with other NFL, NCAA, NBA, NCAA selections. You can parlay NHL selections with other NHL selections only. You can parlay MLB selections with other MLB selections only.

8.  In NFL and NBA you cannot parlay the Side to the Moneyline in the same game.

9.  In MLB you cannot parlay the Runline with the Moneyline or the Total in the same game.

10. In NHL you cannot parlay the Side to the Moneyline in the same game.

11.  Only full game lines may be included in a parlay.

12.  Circled lines cannot be included in a parlay.

13.  Futures cannot be included in a parlay.

14.  If one or more of the selections in a successful Parlay is a Push, then the Parlay is recalculated to the number of choices left. If after pushing the Parlay is reduced to a single game then it becomes a single wager. If all selections are Pushed, the stake is returned.

Parlay Payoffs

In a mixed Parlay with a single fixed odds selection, the single fixed odds selection is paid out at it's true line.
Example:

A $100 wager on a four-team parlay of two fixed odds and two non fixed odds sports, where the lines are -1.10, -1.10, -1.20, +1.30

The odds for the two fixed odds bets are 13/5.
The two non fixed lines are -1.20 and +1.30, so the odds on the non fixed part are:
1+(100/120) x 1+(130/100) = 4.209
Multiply this by the fixed odds part of the calculation:
4.209 * (1 + 13/5) * 100 = $1,515.24

In other words, a $100 winning wager would return $1,515.24 including your stake.