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1. This game was invented and intended to discourage the sports gambler from betting real money. Betting real money on sports is not an option at wanamakeabet.com. The game is intended to educate the curious sports bettor by allowing he/she to experience sports betting with no risk.
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8. There are no minimum amounts to wager and there are no maximum amounts outside of what is available in a given player's account. However, you must place at least one wager per leaguein order to be eligible for prize consideration.
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10. In the case of an obvious error on the posted matchup or line, any wagers will be deemed a "No Action" wager and all accounts will be credited accordingly. This includes all gimmick bets regardless of the outcome of the remaining propositions. For example, if you have a 3 team parlay that contains two winners and an errant line/matchup, that bet is a "no action" bet. The same holds true for a 3 team parlay with 2 losers and an errant line/matchup.
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SOME FREQUENTLY ASKED QUESTIONS AND DEFINITIONS.
What is "the spread"?
The team perceived to have less chance of winning a game is given a handicap of a certain number of points for wagering purposes. This handicap is known as the "point spread," and is sometimes called the "line" or "price." If a team has a greater number of points after the point spread has been factored into its final score, it is said to have "covered the spread." The favorite is always listed with a negative number. Why a negative number? For wagering purposes, 8 points are subtracted from the favorite's final score. If the favorite still has more points than the underdog after these points have been subtracted, then a bet on the favorite wins. Conversely, the underdog is given a positive number because 8 points are added to the underdog's final score to determine a wager's winners and losers. If these additional points produce a score higher than the favorite's final score, then a bet on the underdog wins. These types of bets are common in footballand basketball.
What is a "side/straight bet"?
A straight wager, also referred to as a "side", is when you pick the team or person you believe is going to win. The straight or side wager can be governed by a point spread, money line, or sometimes both depending on the sport.
What is a "total" or "over/under" wager?
The total is the sum of all points scored in the game. Two bets are available on totals: the "over" bet, in which you wager that the combined scores of the two teams will exceed the listed number, and the "under" bet, in which you wager that the combined scores of the two teams will not reach the listed total. The number in parentheses (-110) is the money line, as explained above. If the sum of all points in the game equals the total exactly, it is called a "push" or "no action" and all wagers are returned, no one wins or loses.
What is a parlay?
A parlay is a single bet that links together anywhere from 2 to 6 individual plays. The parlay can be comprised of a series of bets on a team, over/under bets, or any mixture of the two. For the parlay to be a winning wager, every one of its individual plays must win. If any of the individual plays is not a winner, then the entire parlay wager loses. If, however, one of the individual plays is a "PUSH," or "NO ACTION", then the parlay is still on for the remaining plays. A three-play parlay would become a two-play parlay; a two-play parlay would become a straight bet, with corresponding reductions of the payoff. Why wager on a parlay and not make several individual bets? The payouts for parlays are significantly higher than for individual bets. But remember, since every one of the individual plays must win, it's an all-or-nothing bet. If you win two out of three plays, the parlay still loses, whereas you would have won those two plays as individual straight bets. You are given better odds because predicting the outcomes of several plays together is significantly more difficult than predicting any individual play.
What is a teaser?
A teaser is a parlay in which you adjust the point spread or total of each individual play. Like a parlay, a teaser is a single bet that links together several individual plays (from 2 to 8 in the case of teasers). You can combine a series of straight bets, over/under bets, or any mixture of the two. A teaser allows you to "buy points" - adjust the point spread or totals in your favor - on the plays that comprise the multi-part wager. As in a buy wager, adjusting the spread and/or the totals gives you more favorable odds, thus less of a return on your wager. Teasers are not available for baseball and you cannot mix sports with teasers. Maybe you can mix football and basketball. Teaser points differ for basketball and football. Football teasers are 6 points for full game and 3 points for half-time wagers. Basketball teasers are 4 points for full game and 2 points for half time wager. However, you cannot select different point adjustments for the different plays: the amount of points you buy will be applied to all of the individual plays that comprise the teaser. You cannot buy, say, 4 points on one game and 5 on another. What are the advantages of playing a teaser rather than a series of individual buy wagers? You receive significantly better odds than you would playing the adjusted money lines of buy wagers. Also, compared to a buy wager, the teaser offers you a greater number of points with which to adjust the point spreads and totals. The disadvantages? As in a parlay, winning two out of three or three out of four is still a loss. If those winning plays had been individual buy wagers, you would have come out ahead. As always, going for a bigger payout entails a bigger risk.
What is a reverse?
Reverse bets are simply "if bets" that work in both directions. All reverse bets are double action: the remaining bets in the sequence will be placed if the preceding bet is a win, a "push," or is cancelled for any reason. An "if bet" (double action) follows the sequence "if X wins, ties or cancels then Y." Placing a reverse bet will include that sequence and its opposite: "if X wins, ties or cancels then Y" AND "if Y wins, ties or cancels then X." As you can see, reverse bets contain two "if bet" sequences, and you must lay down an equal amount for each one: an if bet for $110 is $220 as a reverse bet. A reverse bet merely reverses the order of an initial "if bet": if there was a third bet "Z," then a reverse bet would include these two sequences: "if X wins, ties or cancels then Y. if Y wins, ties or cancels then Z" AND "if Z wins, ties, or cancels then Y. if Y wins, ties or cancels then X." It would not, however, include this sequence: "if Y wins, ties or cancels the X. if X wins, ties or cancels then Z." You must specify the exact order of the initial "if bet," and the reverse does exactly what its name implies: it reverses the order of that sequence but cannot shuffle it. The advantage of playing reverse bets is that you are still able to limit your exposure to losses while expanding the possible combinations that will produce winning wagers.
What is a money line bet?
The money line, also referred to as "odds", lists how much money your wager will return. In most sports "-110" will be offered for all side and total bets. For the moment, we will only discuss this number. Fluctuating money lines will be explained below. The easiest way to understand the "-110" figure is to consider $110 the price of the bet if you would like to win $100: if you bet $110 and your bet wins, you will receive earnings of $100. Of course you may bet any amount between the minimum and maximum and it is this fraction (110/100 or 11/10) that will always be used to compute your winnings. So, if you bet $11 and your bet wins, you will win $10. If you bet $55, you'll win $50. The -110 money line is used by the house to guarantee that it receives some payment for its services. If the house offered even odds (1/1) and the "action," or the total of all wagers received, was divided evenly across the two teams, the house would be doing volunteer work: handing all the loser's money over to the winners with nothing left over. This money line comprises, in a sense, even odds with a 10% house commission - sometimes called the "juice," "vigorish," or "vig" - for providing the action. The types of bets are common in baseball, golf, tennis, horses and futures, but can also be applied to football and hockey on occasion. For examples check out the individual sport you are interested in wagering on.
What are fixed odds?
Fixed odds are odds set by a professional bookmaker or sportsbook covering certain special events like Golf, Auto Racing, and Cricket. Certain house leagues, like golf and Auto Racing, will have a weekly events for wagering, and all the wagering will be in fixed odds format. Like Tiger Woods being an 8/1 favorite in the U.S. Open, or for Auto Racing, Jeff Gordon being a 4/1 favorite to win Daytona What are the payoff odds for side/straight bets? For football and basketball the payoff is 100 units for every 100 units wagered, unless otherwise noted. Therefore,100 units will be wagered if you specify a 100 unit straight bet.
What are the payoff odds for totals or over/under bets?
For football and basketball the payoff is 100 units for every 100 units wagered, unless otherwise noted. For baseball and hockey, the payoff is determined by the money line attached to each proposition.
What are the payoff odds for parlays?
Parlays pay: 2 teams--2.6 to 1 3 teams--6 to 1 4 teams--10 to 1 5 teams--20 to 1
What are the payoffs for reverses?
2 Team Reverse--
2 Wins, 0 Losses, 0 Pushes Pays 4 to 1
1 Win, 0 Losses, 1 Push Pays 2 to 1
1 Win, 1 Loss, 0 Pushes Loses 1 to 1
0 Wins, 1 Loss, 1 Push Loses 2 to 1
0 Wins, 2 Losses, 0 Pushes Loses 2 to 1
0 Wins, 0 Losses, 2 Pushes Breaks Even
3 Team Box Reverse--
3 Wins, 0 Losses, 0 Pushes Pays 12 to 1
2 Wins, 0 Losses, 1 Pushes Pays 8 to 1
2 Wins, 1 Losses, 0 Pushes Pays 2 to 1
1 Wins, 0 Losses, 2 Pushes Pays 2 to 1
1 Wins, 1 Losses, 1 Pushes Loses 1 to 1
1 Wins, 2 Losses, 0 Pushes Loses 4 to 1
0 Wins, 1 Losses, 2 Pushes Loses 4 to 1
0 Wins, 2 Losses, 1 Pushes Loses 6 to 1
0 Wins, 3 Losses, 0 Pushes Loses 6 to 1
0 Wins, 0 Losses, 3 Pushes Breaks Even
4 Team Box Reverse--
4 Wins, 0 Losses, 0 Pushes Pays 24 to 1
3 Wins, 0 Losses, 1 Push Pays 18 to 1
3 Wins, 1 Loss, 0 Pushes Pays 9 to 1
2 Wins, 0 Losses, 2 Pushes Pays 12 to 1
2 Wins, 1 Loss, 1 Push Pays 4 to 1
2 Wins, 2 Losses, 0 Pushes Loses 2 to 1
1 Win, 0 Losses, 3 Pushes Pays 6 to 1
1 Win, 1 Loss, 2 Pushes Loses 1 to 1
1 Win, 2 Losses, 1 Push Loses 6 to 1
1 Win, 3 Losses, 0 Pushes Loses 9 to 1
0 Wins, 1 Loss, 3 Pushes Loses 6 to 1
0 Wins, 2 Losses, 2 Pushes Loses 10 to 1
0 Wins, 3 Losses, 1 Push Loses 12 to 1
0 Wins, 4 Losses, 0 Pushes Loses 12 to 1
0 Wins, 0 Losses, 4 Pushes Breaks Even
How many additional points will I receive in a teaser bet?
2 Props: 6 Points
3 Props: 10 Points
4 Props: 13 Points
2 Props: 4.5 Points
3 Props: 7.5 Points
4 Props: 10.5 Points
HERE ARE SOME BETTING RULES THAT APPLY TO MOST WAGERS.
Betting rules are detailed below for football, basketball, hockey and baseball. (These rules are in place in the event of a game being cancelled due to weather or some other act of God, or man. Like a lunatic blowing up a stadium because he can't take the loss, a tidal wave wiping out a city, lightning storms, hurricanes, crazed fans pulling down goalposts in the 4th quarter in Columbus when Ohio State is beating Michigan, The Buffalo Bills running off the field in protest of a game, etc.) All sporting events must be played at their originally scheduled time, place and date unless otherwise specified. If an event is cancelled or postponed and then later rescheduled, it is deemed a "No Action" wager, and all points will be credited accordingly. All gimmicks involving the cancelled game will also be deemed "No-Action" regardless of the outcome of the remaining propositions and all points will be refunded.
Winners and losers will be official after 55 minutes of regulation play or at the completion of overtime period(s).
Winners and losers will be official after 35 minutes of regulation play or at the completion of overtime period(s).
Winners and losers will be official after 43 minutes of regulation play or at the completion of overtime period(s).
Winners and losers will be official after 55 minutes of regulation play or at the completion of overtime period(s).
Games are official after five innings of play. If the home team is leading, the game is official after 4 1/2 innings. If a game is called due to weather after 4 1/2 innings of play and the score is tied and the game needs to be replayed at a later date, the game will be considered a push and your bet amount will be returned to the player.
When wagering on total runs, the game must go nine innings (8 1/2 if the home team is ahead) to have action. If the game does not go nine innings, all action on totals will be void and refunded. All parlays involving totals will also be void and refunded, regardless of the outcome of the remaining props.
Parlay Rules will be as follows:
Pushes reduce. Pushes are considered no action and reduce the wager by one proposition. If the number of pushes reduce the number of props to one, the bet is reduced to a straight bet. Posted point spreads accepted by the member at the time of confirmation are used in determination of winners and losers. Games not played on the date specified, or invalid game selections are considered no action. Parlays/Reverses must have at least two valid propositions in action. If only one exists due to cancellation, the parlay/reverse becomes a null bet.
Teaser Rules will be as follows:
Ties lose - Ties are considered losers in a teaser, just like in the real world. Posted point spreads accepted by the member at the time of confirmation are used in determination of winners and losers. Games not played on the date specified due to cancellation, or invalid game selections are considered no action. Teasers must have at least two valid propositions in action. If only one exists due to cancellation, the teaser becomes a null bet.
Management reserves the right to refuse any wager or delete/limit any proposition(s) prior to the event's commencement. All company wagering rules and regulations apply to parlay/reverse/teaser wagers unless otherwise stipulated. Overtime periods are included in all totals wagers. Las Vegas rules, regulations, payoffs and wager types apply where not covered herein.
Kansas City Chiefs (83%)
at New York Jets (17%)