What does it takes for a hockey game to be considered official for betting?

by on May 31, 2010

Hockey events do not need to complete regulation times for wagers to be in effect.

All that is needed for your bet to have action is for the game to have competed 55 minutes.

Hockey bettors can even bet on the third period and those bets include overtime.

No matter how many goals are netted in the shootout round, only one goal will be added to the winning team’s total game score.

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Added Games for Sports Betting Events, Want an Explanation?

by on May 31, 2010

Games that aren’t on the regular Vegas rotation are added games.

Lines for smaller schools are often included later because it is more difficult to find out information about them.

Added games are circled,in order to offset the lack of information.

They are subject to a reduced betting maximum, they cannot be included in parlays and teasers..

Regardless of any line changes after that time,as in the regular Las Vegas rotation the odds that are quoted at the time your bet is made and confirmed are the odds that will be used to settle your bet.

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In the Sports Gambling World, What Exactly Constitutes an Official Game?

May 31, 2010

In order for wagers to have action it is not necessary for soccer games to be a full regulation game. For gambling purposes, games are official at the 40 minute point of the second half. Three conclusions to a Moneyline wager are picking either team to win or pick a draw. If you don’t pick [...]

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How Do Casinos Handling Sports Wagers Deal With Clear Pointspread Errors?

May 18, 2010

Any odds that are printed are subject to change; they are printed simply to inform the public. The odds that are quoted at the time of betting are accepted shall be deemed valid and will be used to determine winners, losers, and ties, however, with the exception of obvious line errors. Sportsbooks maintain a record [...]

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When is Your Sports Wager Considered Official?

May 18, 2010

For wagers to have action,games don’t have to go full regulation play. For a college and pro football game to be official for betting it must be last at least 55 minutes. After 43 minutes of play for professional basketball games. In College Hoops its after 35 minutes have elapsed. The first half of football [...]

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Betting Odds on Sports Events Explained

May 18, 2010

In all events, one competitor is the favorite and the other is the underdog. The linemaker will draw up an odds line which the gambler can bet on the probability of a competitor’s win. This helps wagering more even across the board. The more likely the event will occur, the more the odds decrease. The [...]

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What is the Meaning of a Circled Game in a Sports Betting Type of Event?

May 18, 2010

The red box indicates that the line is circled and has reduced betting limits. The line can be circled when other factors than game play are involved. e.g., injuries or weather conditions may potentially impact the final outcome of the game. There isnt enough information to book the game and bookmakers cant balance betting on [...]

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What is a Total or Over/Under in a Sports Betting Event?

May 18, 2010

For example, we will use a score total of 46 for the Colts-Cardinals game. If the Colts score 27 points to their opponets 20 points, the total number of points scored in the game will be 47. You would win,if you bet over. If the total is the same as the final combined score (in [...]

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What is a Point Spread When you are Betting on a Sports Event?

May 18, 2010

Pointspreads (runline in baseball) that the linesmaker gives to the underdog, is the handicap, or head start. Rather than winning the game outright, the team has to win by greater than the point spread between the two teams (beat the spread) to cover bets on the favorite. How about if the Arizona Cardinals are playing [...]

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I Would Like to Take a Minute to Explain What Future Betting is and Explain to you How it Works.

May 17, 2010

Futures are defined as a single wager that is placed based upon the outcome of an event taking place in the future. Picking the winner of the World Series, Stanley cup or the Super Bowl are examples of future bets. The sports odds are usually displayed in fractions. For example, 4 to 1.. Regardless of [...]

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