Straight Bet – A wager based on the outcome of a single game
Point Spread – Represents the margin of points by which the favored team must win by “to cover the spread” (Example: Boston Celtics -8.5, Boston would have to win by 9 to "cover the spread" for you to win your bet.)
Money Line – Straight-up winner of an event. There is no point spread.
The minus (-) symbol is the Favorite
The plus (+) symbol is the Underdog
Totals (Over/Under) – Bet on whether the total combined score of two teams will be “over” or “under” a specified score.
Propositions (Prop Bet) – A bet focused on the outcome of events within a given game. An example would be betting on which team will score the first touchdown or who will score the first points in a game.
Parlay – A parlay is a way to increase your odds and potential payout by combining a series of two or more selections from different events into one combined bet. *All bets must win to ensure a payout.*
Round Robin – A round robin bet is a type of parlay betting that requires making multiple parlay selections at once. You can combine many different selections that include all possible combinations of events. For example a three-team round robin parlay consists of four total bets: three two-team parlays (X+Y, X+Z, Y+Z) and one three-team parlay (X+Y+Z).
Teaser+ – Two or more selections required for this bet. A teaser allows you to adjust the spreads favorably. In football, you may move the posted point spread by 6.0, 6.5 or 7.0 points. In basketball 4.0, 4.5 or 5.0-point teasers are offered.
Futures – A wager placed on an event typically far in the future such as which team will win next year’s Pro NBA Championship or who the NFL MVP will be.
