NFL Football Stats BETTING GUIDE -
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Buy Wagering
(US Sports)
Once you have chosen your bets
and clicked "Place Bets," you will be taken to a confirmation
page that looks like this:
Match
Play
Buy
Money
Line
4/19/99
7:35:00 PM
101
miami heat
miami
heat -8.0
-110
102
CLEVELAND CAVALIERS
The confirmation page lets you
review and confirm your bet: it restates the match
up, your ticket number, the point spread, the money
line and the amount that you've wagered. But you can
also change your wager at this stage by using the
"Buy" pull-down menu. Buy wagering allows you to adjust
the point spread in your favor. The reason it is called
a "buy" wager is that you "purchase" each point adjustment
you make in your favor. Every 1/2 point adjustment
costs you less favorable odds, thus less of a return
on a winning wager. Click on the pull-down menu above
to see the buy wagering options.
The first number in the pull down
menu lists the adjusted point spreads available to
you. The second number is the "price": the adjusted
money line for that specific point spread. As you
can see, you may adjust the spread anywhere from 1/2
a point up to 2 points. Each 1/2 point causes a 10%
increase in the money line. Thus, if a bet on the
favored Miami Heat is appealing to you with a point
spread of 7 but not 8, you simply select "-7-130"
from the pull down menu. Now the Heat must only win
by more than 7 points (rather than 8) for you to win
your wager. However, rather than wagering $110 in
order to win $100, you must lay $130 to win the same
$100.
The process is the same if betting
on the underdog, but instead of reducing the point
spread, you have the opportunity to increase it: if
you "bought" one point on the Cavaliers, they would
have to either win the game outright or lose it by
less than 9, rather than 8, for you to win your buy
wager.
Buy wagering is also available
for over/under bets. If you had placed a bet on the
total, your confirmation screen would look like this:
Match
Play
Buy
Money
Line
4/19/99
7:35:00 PM
101
miami heat
Over
168
-110
102
CLEVELAND CAVALIERS
Buy wagering on totals lets you adjust the total in
your favor, but again costs a 10% reduction in the
money line for each 1/2 point adjustment. If you were
not comfortable that the two teams would score over
168 points in the game, but thought that their combined
total scores might be over 166, you could "buy" two
points. Again, rather than wagering $110 to win $100,
you would have to bet $150 to win $100. A safer bet
perhaps, but less of a return on your money.
You may also buy a higher total
for "under" bets: buying 2 points on an under bet
would mean that the Heat and the Cavaliers would have
to have a total combined score of under 170, rather
than the original line of 168, for your wager to win.
As before, buying two points would "cost" you less
favorable odds of 150/100, or a return of $100 for
a $150 wager.
Example
I:
Tim
has $200 available in his account
and buys one point on the Cleveland
Cavaliers and wagers $130. $130 is
deducted from his account. His balance
now reads: $70 available, $130 at
risk
Say the final score of the game was:
Miami
Heat
98
Cleveland
Cavaliers
90
The Heat won
the game by 8 points. Since they were
favored by 8 points, those wagers
on the Heat that didn't buy points
are a "push" or "no action": all wagers
are returned. However, since Tim had
the good sense to buy one point on
the Cavaliers, his bet "covers the
spread." The Cavaliers were within
9 points of the Heat at the final
buzzer, so Tim wins his bet. With
the adjusted money line of his buy
wager, Tim receives $100 for his bet
of $130 and his original wager is
returned to him. A total of $230 is
credited to his account. His balance
now reads: $300 available, $0 at risk.
Example
II:
Colleen
has $300 available in her account
and buys 1/2 point for an under bet
on the total and wagers $120. $120
is deducted from her account. Her
balance now reads: $180 available,
$120 at risk.
Say the final score of the game was:
Miami
Heat
89
Cleveland
Cavaliers
80
The sum of the
teams' final scores equals 169. Colleen
had wagered that the combined score
would be under 168.5, so she loses
her bet. No money is returned to her.
Her balance now reads: $180 available,
$0 at risk.
If Colleen had bought 1 1/2 points
rather than 1/2 point, her wager would
have been a winner, since her adjusted
total would have been 169.5, which
is greater than 169.0. If she had
bought 1 point, her bet would have
resulted in a "push," since the adjusted
total would have been exactly equal
to the combined scores.
Football 3-Point Rule
If a point spread on football
is 3 points, you may not buy any points. However,
if the line is -/+3 ½ or -/+2 ½, you may buy ½ point
to bring the line -/+3. This point will cost you an
additional 25% juice, which added to the original
10% vigorish, will bring the juice to 35%. You can't
buy any further points once the line is -/+3.
Example I
Raiders
BILLS -3.50
If you place a straight bet on
the Buffalo Bills at -3.5, you will risk $110 to win
$100. If you want to bring the line to 3 points, you
will have to risk $135 to win $100 and your bet will
be Buffalo Bills at -3. Once you do this, you cannot
move the line any further.
Example II
Titans -2.5
SAINTS
If you place a straight bet on
the New Orleans Saints at +2.5, you will risk $110
to win $100. You may buy 0.5 point to bring the line
to 3 points, but you will risk $135 to win $100. Once
you do this you cannot buy any further points.
Please be advised that if you are wagering over the internet, this is illegal in many jurisdictions.
A wagering site may be operating legally at their location but it may still be illegal for you to wager from your location.
We suggest you check on the legal situation from any jurisdiction in which you may wager.
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