Football has become the most popular sport in the U.S. to wager on.
It can be Fun and Easy to do!
|Bet No.||Team||Line||Total||Money Line|
The example above is typical of what you would see on the daily or weekly betting sheets that will be offered in any BetLucky Sportsbook. Each sheet will display multiple wagering options, including betting with the Point Spread, the Total, or the Money Line.
The majority of Football wagers are made using the Point Spread.
The point spread is always placed to the immediate right of the team that is favored to win the game. If you bet the Steelers, the Steelers must win by at least 7 points for you to win your bet.
If you bet the Browns, any of the following will declare you a winner:
If the Steelers win by exactly 6 points, the wager is considered a “push” and all money is refunded.
Please note that the point spreads can change at any time throughout the day or week.
The point spread that is listed on your ticket is number that you keep.
To bet on football, simply tell the ticket writer the bet number of the team that you wish to bet on, and the amount you wish to wager. If you only want to bet on one team, that would be a Straight Bet; which is the fastest and easiest type of football wager. Football straight bets involving the point spread are figured at odds of 10/11 unless otherwise noted. This means that a wager of $11 would win $10 and return $21.
When betting on games using the point spread, the team you bet on must "cover the spread."
This means the team must win, (or not lose) by the set margin of points; most commonly known as the “point spread”.
Another wagering option is betting on the “Total”, also referred to as the over/under.
A “total” wager is a bet that the total score of the game will be more, (over) or less, (under) the number listed. It doesn’t matter which team covers the spread, simply add the final scores of each team to determine if your wager won or lost. This is also an 10/11 wager, unless otherwise noted.
In the example above, the Total (total combined points by both teams) on the Steelers/Browns game is 40. If you bet on the Over, the final score must add up to 41 points or more for you to win your wager. If you bet on the Under, the final score must add up to 39 points or less for you to win your wager. If the opposite occurs, your wager would lose. If the final combined score finishes EXACTLY on 40 points, your bet would result in a tie (also referred to as a “push”) and you would get your original bet refunded.
If you would rather not use the point spread and simply bet on which team will win the game, you can bet on the "Money Line"
When betting on the Money Line, the "minus" (-) preceding the number indicates the team is a favorite, and the "plus" (+) preceding the number indicates the team is an underdog (just like with the point spread).
With the point spread, the bigger the favorite, the more points you will have to “lay” (or win by).
With the money line, the bigger the favorite, the more money you have to wager to win a dollar.
The Steelers' odds are -180, meaning an $18 bet would win $10, for a return of $28.
The Browns' odds are +160, meaning a $10 bet would win $16, for a return of $26.
The most popular way to bet on Football is to play a Parlay.
A Parlay consists of 2 or more teams grouped together to form one bet.
When you bet a parlay, every selection that you add to your ticket will increase your payout but also increase your risk because every team, selection, and/or total that you choose to include, must be a winning selection in order for you to win your bet!
At every BetLucky Sportsbook location, you can parlay up to 10 teams per ticket and you can combine most of the point spreads, totals, and money lines that are available at the time of your wager! All parlay payoffs are computed by multiplying the payoff conversion (odds equivalent to one dollar) of the teams in the parlay, by amount wagered.
Mountaineers over 48 -125
Ohio State -500
Browns +4 -110
Player wagers $100 on this 5-team parlay. Payoff = $100 multiplied by: 1.50 x 1.80 x 2.25 x 1.20 x 1.91 = Payout of $1,392.40 (Winnings of $1,292.40).
Note: Maximum payouts on all non-parlay card wagers are 719-1.
Any game that results in a push/tie/draw, or “no action”, will reduce the number of “live” selections in your parlay accordingly. A two-team parlay would become a straight bet.