Quick Start: Glossary of Betting Terms

  • Futures: Futures are odds available for events in the future, where multiple events may take place to determine the outcome. Futures are offered well in advance of any season or tournament and are continually adjusted as the events unfold.
  • Moneyline: The moneyline is simply the odds for 'Who will win?'
  • No Action: A wager that is cancelled/void with money refunded. 
  • Parlay Bets: A 'Parlay' bet is a bet placed on multiple outcomes to occur. For a parlay bet to win, all outcomes within the parlay must be selected correctly. The odds for each pick are multiplied by one another to determine the odds for the parlay. For example, New England at -190 odds, parlayed with New York at +145 odds, would result in +275 odds.
  • Point Spread or Spread: Point spread (or spread) odds are when each outcome has a + or a - handicap applied to it. This handicap is often called the 'line'. On a 'line' of 3.5, one team will have 3.5 points added to their score, one team will have 3.5 points subtracted from their score. The winner of the point spread is the team who 'covers' the spread based on the line and the final score.
  • Potential Win: Potential Win is the amount that would be returned to you on a placed wager, prior to settlement or results being known. The potential win is determined based on the odds of the selections, the bet type and the wagered amount.
  • Round Robin: A round robin is a way to place multiple bets in one transaction. You can place singles and all combinations of parlays from the picks selected. Please confirm your desired wager amounts across all your bets when placing round robins.
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