Professional Gambling Guide – Gambling Strategies

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Sport Betting Course part III -  (Access Parts I and II of this course)

Combination Bet

When a wagerer places a number of end-to-end bets multiplying after each event, with the possible return as well as the associated risk, it is the ‘combination’ bet. All three individual bets must win for the bet to win. If any of these loses, the wagerer loses the entire bet.

Consider an example of a wagerer who chooses Lions to win the AFC West, Tigers to win the AFC East and Bears to win the AFC North with individual bet of $10. Now all these three must win for the bet to win otherwise the bet is a loser.

Run Line Bet
‘Run line’ is a bet where the favorite team has to cover a 1 ½ run spread. It involves a spread of the odds change, so the smart wagerer will consider the odds-change to maximize his potential return.

Consider an example:

Moneyline    Total      Run line

• Tigers       + 110            7.5         +1.5
• Lions          -120                           -1.5

Here, the wagerer can only win the bet if the Lions must win by 2 runs and the Tigers must not lose by 2 runs.

Round Robin
When a wagerer bets on the round robin, he bet on multiple parlays or teasers at once. Here the wagerer can choose between 3 and 8 teams and combine them in either teasers or parlays of 2 to 6 teams.

Suppose a wagerer is in favor of Buffalo, Tigers and Bulls; he can have a 3-teamer with Buffalo Tigers Bulls, and 2-teamers with Buffalo Tigers, Buffalo Bulls, and Tigers Bulls.

Future Bet
As the name implies, ‘future’ bet is a bet which is placed very much before the sports event has to take place. Future bets offer larger payouts which increases the difficulty of picking a winner.

Consider an example of a wagerer who placed a future bet on the Bulls to win the Super Bowl during the preseason.

Proposition Bet
Proposition bet, also known as prop bet is a bet where a wagerer bets on key sporting events like which team will win the toss or which player will score first.

Suppose a wagerer placed a proposition bet with 6/1 odds on Eagles to score first in the Super Bowl.

Half Time Bet
‘Half time’ is the bet which can only be placed in the second half of the sporting event.

Suppose if a wagerer wants to place a half time bet, he will place bet in the second half on his favorite team to win.

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Sports Betting Couse Part I

Moneyline Bet

“Money line” is a bet which is exclusively on the result of the game, regardless of the spread. The money line generally indicated by the word “even” and can either be a positive or negative number. But usually the negative number represents favorite team. It represents the placed odds, and is always based on $100. This will be paid to the winning team.

Suppose two teams; Georges and Jacks are listed at:
Georges         –250
Jacks               200

The negative (–) sign opposite to Georges, indicates it as the favored team to win. Here the wagerer will win $100 for every $250 bet on Georges. If the bet is on the Jacks, wagerer would get $200 for every $100 bet.

Parlay Bet

When a wagerer bets on ‘parlay’, he bets on two or more games together in one bet. Parlay offers a great benefit to its wagerer by giving a high return for a comparatively low investment. A ‘four-way parlay’ or more parlay indicates the number of involved games in the bet. It also indicates how high the payout will be. The more the number of involved games, the higher the payout will be.

Suppose a wagerer placed a four-way parlay on the Tigers, Jupiters, Leopards, and Rockers. If all the three teams win, the wagerer will get $400 for every $100 bet. But incase if any one of these teams loses the game, the wagerer will lose his parlay bet.

Point Spread Bet

‘Point spread’ is the bet where there are two teams; one team with a negative (–) number and the other with a positive (+) number. The negative number indicates the favorite team, whereas the positive number is for the underdog team.

Now, suppose there are two teams, Arizona and San Francisco which are listed at:

Away      Home
Arizona                      –8.0        –120
San Francisco           +8.0        –120

In the above example, “–8.0” is opposite to the Arizona which clearly indicates that they are the favorite. If the bet is on the Arizona to win, they must win by more than three points. Here San Francisco are the underdog as the “+8.0” points are opposite to it. So, if the bet is on the San Francisco to win, they must either win, or not lose by more than ‘8’ points. Here, the second number opposite to each team is showing the payout of the winning bet. This means that a winning wagerer will get $100 for every $120 bet. The bet will be fallen on the spread, if Arizona wins by exactly “8” points. In this case, all bets will be canceled and the stakes will be returned.