Category: Betting from A to Z

Parlays and Teasers might be the most polarizing form of Sports betting to wager on. People, from time-to-time bet on parlays and teasers, some just more frequent than the average. Bottomline, people love to bet on parlays and teasers. However, if you were to ask betting experts or connoisseurs, they would most likely shut you down by saying parlays or teasers are bad for casuals and are to be avoided. But what exactly are parlays and teasers, and how do they work?

PARLAYS

A parlay is a term in sports betting that centers around at least two or more bets or wagers linked together into one big bet. Every single bet that a parlay is composed of is called a leg. A bettor can have as many legs as he wants on his parlay. But it is not advisable to do so, for the more legs you add, the odds of winning stack further and further against the bettor.

If any of the legs fail to hit, the bettor outright loses his bet even if the other legs cover. Even so, this is where the fun part of parlays comes in, the higher you bet and the more legs you have, the lesser the chances to win, but the higher the payout you’ll earn.

Say that a bettor bets 100$ on a full Detroit-team parlay which is made up of bets such as the Detroit Lions +1500 to win the Superbowl, Detroit Pistons +1700 to win the NBA Championship, Detroit Tigers +180 to win the World Series, and Detroit Red Wings +190 to win the Stanley Cup. If the bet covers, the bettor would win a whopping 233,756$ . Though, if one of the legs fails to hit, the bettor would lose his 100 dollars flat.

TEASERS

Teasers are bets that comprise two or more point spreads wagered into one flexible bet. This form of betting is adjustable and heavily favors the bettor. For this reason, since the bettor can shift the tide of luck into his way, Teaser bets tend to have low payouts. Similar to other forms of betting, if a point spread fails to cover, the bettor outright loses the bet, though it is uncommon due to its ideal nature. For example, 7-point teasers would move the point spread line for every wager in favor of the bettor by 7 points. And if the spread offered by a sportsbook is -8 for the favorites, the line would move, and the spread would be reduced to -1 instead of -8. This would mean that the favorites would only need a point or more to win, which is more than likely to happen. Inversely, for underdogs, the line would move up, meaning if it’s +8 for them, a 7 point teaser would mean the spread will go up to +15, making the point margin for the underdogs to lose on a little bit bigger. Parlays and Teasers have a love and hate relationship with bettors. Parlays have all the risk with bigger payouts, while on the other hand, Teasers offer minimum risk with low return. If you are a bettor, especially if you are relatively new, it’s best and suggested that you try betting on parlays and teasers, not only for the experience. But also for the sake of finding that sweet spot where you could earn the most money while betting.

Getting into sports betting isn’t easy and will never be easy. It’s tough to get into betting with the help of just research alone, especially if you don’t have that one friend who splurges all his money wagering on teams. Sports betting incorporates numerous terms and systems that aren’t beginner-friendly, to say the least. But just like every other thing in life, there’s always a way to streamline things. And with the help of this article, we’ll run you down through the basics of the sports betting basics: straight betting.

Straight Betting

Straight bets are wagers on a game or event’s outcome or result. Straight bets comprise moneylines, spreads, and over/unders or totals. In straight betting, a certain pointspread needs to be covered by the team that the bettor bets on. Meaning betting on the favored team means that you trust that they’ll win more than the pointspread and betting on the underdogs implies that you believe they would cover. Straight bets are the most famed form of sports betting. For reasons that they are easy to understand and straightforward.

SPREAD

The point spread is essentially the margin of points between two teams by the end of regulation. It is usually represented by the signs (+) plus and (-) minus. Plus signs (+) indicate that a team is favored to win the game with a certain amount of points. On the other hand, Minus signs (-) indicate that the team is an underdog and will lose at least by a certain amount of points. Moreover, sportsbooks also often show how much a bettor needs to bet to win 100 dollars flat off their bets. Take this for an example, if a bettor wages 110 USD on an underdog with the odds of (+8 and +110), which basically means that the score margin at the end of regulation between the underdog and favored team needs to be at least 8 points or less. If the team they bet on covers the 8-point spread, they would win 100 dollars. However, if their team fails to close the final score margin by 8 points or less, the bettor would outright lose their money. Essentially, betting on the spread is not about WHO or WHAT TEAM will win the game. Instead, it is about HOW MUCH will one team win against the other on the grounds of the final score of a game or event.

MONEYLINE

Moneyline is a wager on the winner or loser of a game. Unlike the spread that centers around the final score margin, the moneyline is more straightforward and is all about the winner regardless of the numerical gaps. The favorite is represented by the minus sign (-), and inversely, the underdog with the plus sign (+). If you bet on an underdog that has an odds of +300, that means that you have to bet 100$ to win 300$. And if you bet on the favorites with an odds of -300, you need to bet 300$ to win 100$.

TOTAL (OVER/UNDER)

The total, more commonly known as over/under bet, is betting on the combined amount of points scored by the two playing teams by the end of the game. Betting on the over means that you trust the playing teams to be able to score as much or more than the given point total while betting on the under means that you believe that they’ll put up less. Few and far between, some games end with the exact point total. In such cases, all bets are voided, and the money is refunded. Like the spread, it is also usually accompanied by how much you need to put at stake to win $100.
If you bet at the under with the odds of (OV 50 and -110), this means that you would win $100 if the two teams of the game that you bet on combine for more than 50 points. On the flip side, if they fail to reach the cut, the bettor outright loses the bet. And in an atypical fashion, if both teams combine for 50, the bet gets voided. Right now, you might be thinking that betting isn’t all that complicated as it once was. You are most likely right. However, we’ve still only scratched the surface. Betting is a vast and niche market that encompasses schemes to splurge and spend money on. Straight betting is only the start of the long journey of a bettor; there’s still a wide field of choices open ahead to earn you quick and bigger bucks like parlays and teasers.

Oddspedia Odds Comparison widget displays real time data from more than 70 bookmakers,with the best prices and odds movements available for both upcoming and finished games.

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AC400 – TERMS AND CONDITIONS

BONUS OFFER ON YOUR FIRST DEPOSIT FROM 20% UP TO 400 EUR

AC400 – TERMS AND CONDITIONS

BONUS OFFER ON YOUR FIRST DEPOSIT FROM 20% UP TO 400 EUR

Promo Code: AC400

How to join?

Simply register with Asianconnect using the promo code: AC400

Make a qualifying deposit and open PS3838 account or Asianodds.

How to claim?

Reach the 3x rollover wagering requirement.

Provide documents for the KYC verification process.

Terms and conditions apply.

 

Terms and Conditions

1. Promotion will start from – 1st of April, 2020 00:00:01 (GMT+8) until 31st of December, 2020 23:59:59 (GMT+8).

2. This promo is offered only for customers’ first deposit and new account holders

3. By paying a fixed price in advance, the customer gains access to the service for a period of either 30, 90 or 365 days depending on the extent of the customer’s order.

4. The bonus will be credited immediately to your account upon receipt of the initial deposit. Bonus only covers PS3838 or Asianodds account.

5. Transferring funds to other accounts or customers for uncompleted rollover requirements will result in bonus forfeiture.

6. This offer is not available for players who are residents and citizens of Belarus, Armenia, United States of America, Ukraine, Slovenia, Slovakia, Russian Federation, Serbia, Bosnia-Herzegovina, Portugal, Bulgaria, Romania, United Kingdom & any other territories as deemed fit by the company

7. The initial deposit + bonus amount must be wagered at least 3x to be able to withdraw the funds. Rollover requirement has to be met within 30 days of activation of the account

8. Only Euro (1.50 and above) and HK (0.50 and above) Odds wagers on any Non-live sports market will count towards the rollover requirement. Canceled, void, drawn bets, or any bets placed under Malay Odds will not be counted towards the rollover requirement.

9. Bets on the same event shall not be calculated for the bonus turnover requirements. Should the customer place two bets on the same event, only the first bet will count towards turning over the bonus.

10. If there are insufficient funds in the account, the customer may deposit further funds to meet the required rollover requirement to qualify for the bonus. However, no bonus shall be given for the top-up deposit.

11. Bonus may be withdrawn three (3) business days after satisfying all the rollover conditions.

12. Any request to cancel the bonus prior to meeting the required rollover will result in bonus forfeiture.

13. Players are required to provide sufficient documents to validate their identity before withdrawals are permitted. Failure to produce documents may lead to bonus forfeiture.

14. This promotion is limited to a single redemption per household. Asianconnect reserves the right to exclude any customers from this promotion where it detects applicants bearing the same name, mailing address, email address, telephone number, IP address, payment account ID, computer when registering on the website

15. Asianconnect reserves the right to amend, cancel, reclaim or refuse any promotion at our discretion.

16. “In the event of a dispute, all decisions made by Asianconnect will be final.”

17. General Terms and Conditions apply.

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Premier  BONUS TERMS AND CONDITIONS

(25% of the deposit up to a maximum of €/£ 100)

1. You must have settled bets of up to twenty times your initial deposit amount and bonus before your winnings can become withdrawable.
For example, if you deposit €100, you will receive a €25 bonus. Then, the total amount you have wagered must be at least €2,500 (regardless of wins and losses) before you can withdraw. The €2,500 shall be your turnover requirement, which will be calculated using the absolute value of all your wins and losses.

2. This offer only applies to bets placed via website. Bets that are placed using our API will not qualify for this offer or count for turnover requirements.

3. You need to bet your bonus amount plus your deposit amount twenty times on eligible sports markets of your choice. For example, if you have a €25 bonus when you deposited €100, then you must bet an amount equivalent to €2500.

4. If the turnover requirements for this offer have not been met within 90 days from your first deposit, any bonus balance will be forfeited.

5. All qualifying bets must be settled before the bonus expires.

6. Bets placed on Positional Orders will not qualify.

7. This offer cannot be used in conjunction with any other offers.

8. The offer is only valid for new customers of Vodds.

9. You can only have one active bonus simultaneously. VOdds reserves the right to limit the eligibility or cancel any offer to any customer.

10. In case of cancelled, voided, rejected or non-runner bets, stakes will be put back into the original wallets and wagering progress is reverted.

11. If you cancel your bonus after you enter the promotion or before you complete the turnover requirements, any bonus balance shall be forfeited.

12. If any terms of the offer are breached (or there is any evidence of multiple bets placed by a customer from any other promotional offer resulting in guaranteed customer profits regardless of the outcome), VODDS reserves the right to reclaim the bonus or void any bets funded by the promotion.

13. This offer is limited to one per person, family, household address, email address, telephone number, same payment account number (e.g. SKRILL, Neteller etc), and shared computer (e.g. public library or workplace).

14. This offer only applies to customers who have made an actual/real money deposit with VODDS.

15. If a customer violates these terms, VODDS reserves the right to levy a fee up to the value of the deposit bonus or additional payment to cover administrative costs. Furthermore, sufficient documents must be provided.

16. These terms and conditions operate in conjunction with VODDS’ General Terms and Conditions, but the turnover requirements for free withdrawals via SKRILL/NETELLER/Bank wire/Bitcoin shall still apply.

 

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