Good list of Football Types of Bets There are several types of football bets, here you'll find some of the most frequently used. Straight Wagers: The team wagered on must win by the point spread given at the time of the wager. For straight wagers, unless otherwise indicated, the odds are $1.10 to win $1.00. Games that tie are considered "no action" and money is re-deposited back into your account. Due to changing events, the point spread may fluctuate at any time. Example Player wagers $110.00 on Miami -7 to beat Buffalo +7 If Miami wins by more than 7 points the player wins $100.00 so the total payout including the initial wager would be $210.00. If Miami only wins by 7 points then the game is considered "no action" and all money is returned to the bettor. If the Miami wins by less than 7 points the wagers is lost. Totals: The combined score of both teams for games wagered on, all totals lay $1.10 to win $1.00 unless it is otherwise indicated. Example The player lays $220.00 on the OVER in the Miami/Buffalo game. The total for the game is 45. If both teams' combined score is more than 45 than the player would win $200.00. If the combined score is equal 45 the game is considered "no action" and the money is returned. If the combined score is less than 45 then the wager is lost. Money Line Wagers: The team wagered on just has to win the game. The amount you lay or take for each game may vary. The money line that is read to at the time of your wager is the money line you keep regardless of any line movement. Example The player wagers on Miami -160 at Buffalo +260. If Miami wins then the player would lay $160.00 to win $100.00. If the player bet on Buffalo then the player would lay $100.00 to win $260.00 Halftime: The wager is placed on the odds posted for the second half of a game only. All wagers must go the full second half for action. All halftime wagers are calculated the same as a straight wager unless otherwise indicated. There are no teaser plays or buying of points on halftimes. First half lines are also available. Parlays: This is a selection of 2 or more teams (up to 5 teams) or propositions in no particular order. All teams wagered on in a parlay must win. If there is a tie, it reverts down to the next lowest number for payoff. Example Player wants to make a 5 team parlay: Miami -7 New York +3 Seattle -4 Denver -10 San Francisco -8 If all these games win then the player would have won at 20-1 odds. Just by 1 team losing then the entire parlay loses. Parlay Payout's 02 Teams 13/5 03 Teams 6/1 04 Teams 10/1 05 Teams 20/1 06 Teams 40/1 07 Teams 75/1 08 Teams 150/1 09 Teams 300/1 10 Teams 700/1 Teasers: A Teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your favor. The number of teams selected and the number of points selected determines the payout odds. A "Tie" or "No Action" and a "Win" on a two team teaser shall constitute a "No Action" wager. A "Tie" or a "No Action" and a "Loss" on a two team teaser shall constitute a "Losing g" wager. Ties on a three or more team teaser shall revert to the next lowest gambling bracket. (Example: A tie on a three team becomes a two team teaser.) Teaser Payoffs/Odds for Football Football- points 6 6.5 7 2 teams 10/11 10/12 10/13 3 teams 16/10 14/10 12/10 4 teams 25/10 20/10 18/10 5 teams 40/10 35/10 30/10 6 teams 60/10 50/10 40/10 7 teams 90/10 80/10 70/10 8 teams 140/10 120/10 100/10 3 Team 10 point Football - 10/12 * All ties lose in a 3 team 10 point football teaser Futures and Propositions: Future wagers are based on the outcome of events that happen each year. All wagers are final. There will be no payouts until the conclusion of the specified season. Proposition plays are wagers based on the outcome of events that happen each year. Odds change daily and all wagers are considered action at the odds quoted at the time of the wager. Reverse Wagers: Reverses revert to individual If Bets. You can include up to 8 teams in a Reverse. The payoffs vary depending on the number of teams wagered on. A 2-Team Reverse pays 4/1, a 3-Team Reverse pays 12/1 (if the wager is $100). Standard reverse bets are Double Action; therefore in the event of a tie the bet is still active. posted by Paul @ Football Gambling Information