Race night betting rules on baseball

Welcome offers may differ depending on where you register. Please visit the sportsbook using any of our links, change to your location and confirm your welcome bonus offer and requirements before you register. Money lines and totals are the most popular ways to bet on baseball, but they aren't the only ways. Over-Under bets are the same in baseball as they are in any other sport. They are put up as a number of what oddsmakers believe is a fair combined score for a particular game and bettors decide whether to go above over or below under that posted number.

A total of 9. Over-Under win totals for the season are a very popular baseball bet that you can follow for the entire regular season. This was discussed in more detail in the alternative baseball wagers section, as it really is just a point spread of 1.

The baseball team that's listed as the money line favorite is always going to have the Prices are offered in the same fashion as full game lines. Going the parlay route in baseball betting is basically the same as any other sport, as bettors have to combine at least two betting selections and go from there.

Most sportsbooks will allow bettors to parlay multiple money lines or totals together, or any combination of those two options. Parlays offer a bigger payday for bettors that feel confident in multiple selections, but again, all selections must win for a parlay to pay out.

Should only one game lose on the parlay, the entire ticket gets ripped up. MLB Prop bets in wagering are vast and extensive, as there are many prop wagers offered for a particular game. Baseball bettors that have more of a fantasy baseball background where things like hits, steals, strikeouts etc matter, will find themselves liking baseball prop bets as those are known as player props and can be bet on as well.

The amount of MLB prop bets are endless. Also do not forget about MLB playoff prop bets. Player props are very extensive offerings for baseball games, but they aren't the only prop bets offered. Finally for those that do prefer more totals, there is always the daily prop bet known as the Grand Salami in baseball wagering.

All that is is an over-under line on the total combined runs scored for all the games, usually somewhere in the mid's based on how many games are being played that day and the pitching matchups they entail. With the majority in the sports betting industry believing that live betting and in-game wagering are the future of this business, it should come as no surprise that live betting in baseball markets is already predominant and highly popular.

For example, say the Pittsburgh Pirates hold a two-run lead as the visitors after the Top of the 7 th inning. They were underdogs in the pre-game market and come into the game with the league's worst bullpen.

This scenario presents a great situational spot to bet on their opponent on the money line because that team was favored to begin with, and now they get to have three innings of at-bats against a very bad bullpen. Live odds fluctuate constantly and as a number's game, if you know your MLB stats, you have a huge advantage betting live odds.

Here's another example, say the New York Yankees are looking to make a comeback against the Boston Red Sox and we known that their top two relievers have pitched two days in a row and are likely unavailable despite the close score.

Remember the MLB regular season is a marathon, not a sprint. This means that the Red Sox will have to use pitchers in the late innings that aren't accustomed to being in those spots, especially against a great offense like the Yankees have.

Live odds will likely factor this in, but comebacks are still uncommon. Bettors are going to be getting plus-money live odds in that situation and that's just one example of what gives live betting the potential to be highly lucrative as well as how many envision it as the biggest part of the future of this sports gambling industry.

So when you get things like stand alone games like ESPN's Sunday Night Baseball, or even World Series games, MLB bettors can sit on the sidelines in the pre-game market if they prefer, get a feel for how a game is shaping up and then look to attack in the live odds. It's a method some baseball bettors swear by in today's market. CO Gambling problem?

Call Indiana Self-Restriction Program. NJ Bet with your head, not over it! Gambling Problem? Note: Same rules apply to run line bets as totals. Baseball parlays are figured out by calculating the payout for the first game, based on the money line, then applying that amount to the next game, and so-forth.

If a game is postponed for any reason, the parlay reduces by one team. The bet is treated as if the postponed game were never included in the parlay. Simply ask the betting attendant at your favorite sports book what your payout would be before placing the bet. When making a baseball bet, you are betting team vs. You have the option to specify that either or both listed pitchers must start the game. Since baseball odds are determined on starting pitchers, any late pitching changes often force an adjustment in the odds.

This will increase or decrease the payout on a winning ticket. However, if you list starting pitchers, and your pitcher doesn't start, then the bet is refunded. To bet on basketball, tell the ticket writer the bet number of the team you wish to bet, with the point spread, and the amount you wish to wager. The Point Spread: When betting on basketball, the team you bet on must "cover the spread. The point spread is always placed to the immediate right of the team that is favored.

In this example, if you bet the Bulls, the Bulls must win by 4 points for you to win your bet. If you bet the Lakers, any of the following will declare you a winner. If the Bulls win by exactly 3 points then the wager is declared a push and all money is refunded. Point spreads change constantly. The listed point spread the time you make your bet may be different from the point spread when the game starts.

The point spread that is listed on your ticket is your official spread. It makes no difference which team covers the spread. Simply add the final score of each team. You may combine several teams into one wager. Odds and the number of teams vary from casino to casino. The following are approximate odds:. Any game that results in a push reduces the parlay one team. A two-team parlay would become a straight bet.

This increases the probability of winning your bet but decreases the odds of the parlay. Odds and the number of points available to "tease" vary from casino to casino. To bet on boxing, tell the ticket writer the bet number of the boxer you wish to bet and the amount you wish to wager. Boxing odds are shown using a "Money Line. A "minus" - preceding the number indicates a favorite. Tyson is favored to win the bout. Boxing matches often feature money line proposition wagers on knockouts, draws, rounds and the duration of the fight.

Odds vary on each fight. To bet on football, tell the ticket writer the bet number of the team you wish to bet, with the point spread and the amount you wish to wager. The point spread: When betting on football, the team you bet on must "cover the spread. If you bet the Dolphins, the Dolphins must win by 7 points for you to win your bet. If you bet the Jets, any of the following will declare you a winner. The listed point spread at the time you make your bet may be different from the point spread when the game starts.

In some cases, bettors have the option to discard the point spread and bet on which team will win. This is called betting on the "Money Line". Sports books offer a number of different cards, each one having different rules. Rules for parlay cards are placed on the back of each card. Read them carefully before wagering. The cards are simple to fill out. Simply darken the boxes, or circles, that apply to the teams you wish to parlay.

Then darken the amount you want to bet. Sportsbooks offer bettors the opportunity to wager on the outcome of a season -- for example, which team will win the Super Bowl or the Stanley Cup or the American League East pennant. This is known as "futures book" or "future book" betting. As an illustration, let's look at Super Bowl futures. For example, the Ravens may be , the Redskins , the Cardinals , etc. It does not matter whether your team covers the point spread in the Super Bowl.

For the purposes of future book betting, the team has to win only the Super Bowl. When you make a futures bet, your odds are "locked in. Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds.

On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day. Some sportsbooks offer futures betting on unusual propositions, such as which major league baseball player will hit the most home runs in the regular season. Note that in this type of wager, all bets are action regardless of injuries or other unforeseen events. This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball.

If the Yankees go on to win 94 or more games, the "over" is a winner. If they win 92 or fewer games, the "under" is a winner. If they win exactly 93, the bet is a push and tickets are refunded. Among Las Vegas gamblers, golf is considered one of the two fastest-growing sports to bet on auto racing is the other. The most basic form of golf betting involves picking the winner of a tournament. Typically a sports book will list 30 or more individual golfers along with a field all others option, at various odds.

Another popular form of golf betting involves matchup propositions, in which two golfers are paired against each other in a head-to-head wager, with a betting line on each golfer set by the oddsmaker. The golfer with the better lower score wins the matchup. If one golfer continues play in the tournament after his opponent misses the cut, the golfer who continues play wins the matchup.

For example, a matchup may pit Lehman minus against Jim Furyk plus Some matchups pit one usually very good golfer against two or more others. To determine the winner, take Woods' score and compare with to the best lowest score recorded by the three others. If he finishes first, second or third in the tournament, the "under" wins; if he finishes fourth or worse, the "over" tickets cash. Rules vary by casino, but usually your golfer must tee off in the tournament for "action" meaning once he tees off, you will either win or lose your bet.

If for some reason he does not tee off, this is usually considered "no action" and tickets are refunded. To bet on hockey, tell the ticket writer the bet number of the team you wish to bet and the amount you wish to wager. If your team covers the goal spread, you win. The payout is based on a "Money Line". When betting on hockey, the team you bet on must "cover the spread. The Red Wings must win the game by at least two goals to be a winner.

If you bet on the Sharks, you win your bet if: a The Sharks win the game. Note: The money line is used in conjunction with the point spread. All teams must win to win the bet. Hockey parlays are figured out by calculating the payout for the first game, based on the money line, then applying that amount to the next game and so forth. Thanks to satellite feeds from racetracks around the nation, Las Vegas is a sort of nirvana for horse racing bettors or "horseplayers," as they are sometimes called.

Because there are so many tracks to choose from, in Las Vegas race books it is usually necessary to identify which track you want when you place your bet. For example, tell the ticket writer, "Churchill Downs, eighth race, five dollars to win on No. Otherwise, betting procedure in the race book is the same as at the track: For you to collect on a "win" bet your horse must win the race, to collect on a "place" bet he must finish first or second, and to collect on a "show" bet he must finish first, second or third.

Betting a horse "across the board" is really three separate bets: one to win, one to place and one to show. Hitting an "exacta" entails picking the first two finishers in a race in the correct order; a "quinella" is the first two finishers in either order.

A "trifecta" is the first three finishers in exact order; a "trifecta box" is the first three in any order. A "superfecta" is the first four finishers in exacta order. A "daily double" is a wager that calls for picking the winners of two consecutive races. A "daily triple" entails picking the winners of three consecutive races.

Given that baseball is a predominantly money line sport, point spreads are secondary for this game compared to that of say football or basketball betting in North America.

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The more swish and professional you can make your evening the better it will run and the more money you will make. Race nights work well around a simple charity dinner or buffet. If appropriate a bar also helps to create the party mood. Advertise your race night well in advance and sell tickets. Try to cover your costs on the tickets but don't forget that you will also be making money during the evening.

The companies supplying you should be able to give you a reasonable estimate on takings, so do your sums. Sponsored by all your mates in the office. Sponsors can provide gifts or cash as prizes for the winning owners or for you to add to your evening's takings. Another one to be arranged in advance. Let people pay to be the owner of the horses in certain races.

Prizes and bragging rights to the winning owners! Great for inter-office rivalries. Or imagine the fun of going home and saying. This is one of those fundraising events that needs a great Master of Ceremonies. Finding the right person someone with the gift of the gab, who knows how to fundraise for this role can really help your evening along and bring in extra cash. You can also dress up the rest of your volunteers as racegoers, jockeys, bookmakers etc. Anything that adds to the fun of the evening has got to be welcome.

Although you are betting on real races ones that were run and filmed long ago no-one knows anything about the horses or their likely chances. This also guarantees that you cannot lose. For a wager to have action, a hockey game becomes official after fifty-five minutes of play. Games lasting under official time constitute "No Action" and all money is refunded. Games must take place on the site and date scheduled or all money is refunded.

Overtime scores and shootouts are included in all wagers unless specified. If you wager on a boxer, and the bout ends in a draw and there is no draw option, the wager is "No Action" and all bets are refunded. If there is a draw option and the fight ends in a draw, then all wagers on the fighters will be settled as a loss, and the wagers on the draw will be deemed a winner. Single day matchups are wagers on the complete holes for that day.

Holes played as part of a completion from the previous day's round, and playoff holes are not included in Single Day matchups. The full 18 holes will be considered in determining the outcome of the bet even if they are played on consecutive days. If both members of the matchup do not complete the full 18 holes, all bets are "No Action". If both players end the 18 holes in a tie, the bet is considered a "No Action" wager.

You have three choices for the three betting options: Home, Away, or Draw tie. The result of the game is decided after regulation play 90 minutes plus injury time. Overtime, the Golden Goal rule, and penalty kicks are not taken into consideration for soccer bets unless otherwise stipulated. For tennis betting, two full sets must be completed for wagers to stand. If fewer than two sets are completed all wagers will be refunded.

Bets will stand regardless once the match has started even if the venue or date changes. If a player retires injury during the match and two sets are completed that player will be considered the loser. When wagering on a driver matchup, both drivers involved must start the race cross the finish line otherwise the wager is "No Action" and the money is refunded.

In a case where the starting driver is replaced during the race with another driver from the same team same car , the position the new driver finishes in will be awarded to the original driver. This holds for wagering on win odds and driver matchups. Our weekly newsletter is loaded with exclusive free picks,insight and advice from our expert handicappers.

Sports Book Rules - Las Vegas Sports Betting Rules by Doc's Sports When unforeseen events occur such as weather, power outages, or any other unanticipated event once the game has started, many people wonder how that will affect the wager. Standard Las Vegas Rules apply for any rules not mentioned here.

Football Betting Rules: 1.

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The first of those is to look at the odds to win the World Series and bet the series as a whole. In this instance, individual money line prices and results don't specifically matter in that one game's result won't cause you to win or lose your bet unless it's the final game of the series. Series prices are offered before Game 1 of the World Series begins and it doesn't matter how your team ultimately gets there, as long as they win four games and lift that trophy at the end, your MLB bets end up a winner.

Betting on the World Series winner isn't just the only way to do things too, you can get futures prices on things like the AL and NL pennant, which is where you back a team just to get to the World Series. What is a Future Wager Future wagers are exactly as they sound, in that they are wagers that aren't going to be paid off until sometime down the road.

In MLB betting, that could mean taking a team to win the World Series months before the playoffs even start, backing a squad to win their respective division or their respective pennant. Future wagers even exist for the individual with things like Rookie of the Year and Cy Young awards among others.

Betting the MLB playoffs is a matter of personal preference in terms of whether or not a bettor prefers to predominantly go with series wagers or on a game-by-game basis as you would with any game during the regular season. Obviously bettors aren't restricted by a one or the other approach and can incorporate both, and most times it's prudent to do so. Postseason MLB betting in baseball brings a bit of a different element to things though on a game-by-game basis relative to the regular season though, as it's all the best of the best in terms of starting pitching rotations and lineup constructions.

There are really no inherent potential edges based on a manager's lineup construction to simply give a player a day off like he would in the middle of August, and money lines and series prices are priced accordingly. Totals for MLB playoff games are always available as betting options as well, but with the best of the best taking the mound for each side, they do tend to be lower numbers then what MLB bettors see throughout the regular season.

That, and colder October temperatures could play a part in what numbers are released for totals as well. Below are some of the best offers available for new users to bet on baseball. In order to place bets on these sportsbooks, you must be in a state in which sports betting is regulated and where the corresponding sportsbook has a sports betting license.

Welcome offers may differ depending on where you register. Please visit the sportsbook using any of our links, change to your location and confirm your welcome bonus offer and requirements before you register. Money lines and totals are the most popular ways to bet on baseball, but they aren't the only ways. Over-Under bets are the same in baseball as they are in any other sport. They are put up as a number of what oddsmakers believe is a fair combined score for a particular game and bettors decide whether to go above over or below under that posted number.

A total of 9. Over-Under win totals for the season are a very popular baseball bet that you can follow for the entire regular season. This was discussed in more detail in the alternative baseball wagers section, as it really is just a point spread of 1. The baseball team that's listed as the money line favorite is always going to have the Prices are offered in the same fashion as full game lines. Going the parlay route in baseball betting is basically the same as any other sport, as bettors have to combine at least two betting selections and go from there.

Most sportsbooks will allow bettors to parlay multiple money lines or totals together, or any combination of those two options. Parlays offer a bigger payday for bettors that feel confident in multiple selections, but again, all selections must win for a parlay to pay out.

Should only one game lose on the parlay, the entire ticket gets ripped up. MLB Prop bets in wagering are vast and extensive, as there are many prop wagers offered for a particular game. Baseball bettors that have more of a fantasy baseball background where things like hits, steals, strikeouts etc matter, will find themselves liking baseball prop bets as those are known as player props and can be bet on as well. The amount of MLB prop bets are endless. Also do not forget about MLB playoff prop bets.

Player props are very extensive offerings for baseball games, but they aren't the only prop bets offered. Finally for those that do prefer more totals, there is always the daily prop bet known as the Grand Salami in baseball wagering. All that is is an over-under line on the total combined runs scored for all the games, usually somewhere in the mid's based on how many games are being played that day and the pitching matchups they entail. With the majority in the sports betting industry believing that live betting and in-game wagering are the future of this business, it should come as no surprise that live betting in baseball markets is already predominant and highly popular.

For example, say the Pittsburgh Pirates hold a two-run lead as the visitors after the Top of the 7 th inning. The Point Spread: When betting on basketball, the team you bet on must "cover the spread. The point spread is always placed to the immediate right of the team that is favored.

In this example, if you bet the Bulls, the Bulls must win by 4 points for you to win your bet. If you bet the Lakers, any of the following will declare you a winner. If the Bulls win by exactly 3 points then the wager is declared a push and all money is refunded. Point spreads change constantly. The listed point spread the time you make your bet may be different from the point spread when the game starts. The point spread that is listed on your ticket is your official spread.

It makes no difference which team covers the spread. Simply add the final score of each team. You may combine several teams into one wager. Odds and the number of teams vary from casino to casino. The following are approximate odds:. Any game that results in a push reduces the parlay one team. A two-team parlay would become a straight bet. This increases the probability of winning your bet but decreases the odds of the parlay.

Odds and the number of points available to "tease" vary from casino to casino. To bet on boxing, tell the ticket writer the bet number of the boxer you wish to bet and the amount you wish to wager. Boxing odds are shown using a "Money Line. A "minus" - preceding the number indicates a favorite. Tyson is favored to win the bout. Boxing matches often feature money line proposition wagers on knockouts, draws, rounds and the duration of the fight.

Odds vary on each fight. To bet on football, tell the ticket writer the bet number of the team you wish to bet, with the point spread and the amount you wish to wager. The point spread: When betting on football, the team you bet on must "cover the spread. If you bet the Dolphins, the Dolphins must win by 7 points for you to win your bet.

If you bet the Jets, any of the following will declare you a winner. The listed point spread at the time you make your bet may be different from the point spread when the game starts. In some cases, bettors have the option to discard the point spread and bet on which team will win. This is called betting on the "Money Line".

Sports books offer a number of different cards, each one having different rules. Rules for parlay cards are placed on the back of each card. Read them carefully before wagering. The cards are simple to fill out. Simply darken the boxes, or circles, that apply to the teams you wish to parlay. Then darken the amount you want to bet. Sportsbooks offer bettors the opportunity to wager on the outcome of a season -- for example, which team will win the Super Bowl or the Stanley Cup or the American League East pennant.

This is known as "futures book" or "future book" betting. As an illustration, let's look at Super Bowl futures. For example, the Ravens may be , the Redskins , the Cardinals , etc. It does not matter whether your team covers the point spread in the Super Bowl. For the purposes of future book betting, the team has to win only the Super Bowl.

When you make a futures bet, your odds are "locked in. Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds.

On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day. Some sportsbooks offer futures betting on unusual propositions, such as which major league baseball player will hit the most home runs in the regular season. Note that in this type of wager, all bets are action regardless of injuries or other unforeseen events. This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball.

If the Yankees go on to win 94 or more games, the "over" is a winner. If they win 92 or fewer games, the "under" is a winner. If they win exactly 93, the bet is a push and tickets are refunded. Among Las Vegas gamblers, golf is considered one of the two fastest-growing sports to bet on auto racing is the other. The most basic form of golf betting involves picking the winner of a tournament. Typically a sports book will list 30 or more individual golfers along with a field all others option, at various odds.

Another popular form of golf betting involves matchup propositions, in which two golfers are paired against each other in a head-to-head wager, with a betting line on each golfer set by the oddsmaker. The golfer with the better lower score wins the matchup.

If one golfer continues play in the tournament after his opponent misses the cut, the golfer who continues play wins the matchup. For example, a matchup may pit Lehman minus against Jim Furyk plus Some matchups pit one usually very good golfer against two or more others. To determine the winner, take Woods' score and compare with to the best lowest score recorded by the three others.

If he finishes first, second or third in the tournament, the "under" wins; if he finishes fourth or worse, the "over" tickets cash. Rules vary by casino, but usually your golfer must tee off in the tournament for "action" meaning once he tees off, you will either win or lose your bet.

If for some reason he does not tee off, this is usually considered "no action" and tickets are refunded. To bet on hockey, tell the ticket writer the bet number of the team you wish to bet and the amount you wish to wager. If your team covers the goal spread, you win. The payout is based on a "Money Line".

When betting on hockey, the team you bet on must "cover the spread. The Red Wings must win the game by at least two goals to be a winner. If you bet on the Sharks, you win your bet if: a The Sharks win the game. Note: The money line is used in conjunction with the point spread. All teams must win to win the bet.

Hockey parlays are figured out by calculating the payout for the first game, based on the money line, then applying that amount to the next game and so forth. Thanks to satellite feeds from racetracks around the nation, Las Vegas is a sort of nirvana for horse racing bettors or "horseplayers," as they are sometimes called.

Because there are so many tracks to choose from, in Las Vegas race books it is usually necessary to identify which track you want when you place your bet. For example, tell the ticket writer, "Churchill Downs, eighth race, five dollars to win on No. Otherwise, betting procedure in the race book is the same as at the track: For you to collect on a "win" bet your horse must win the race, to collect on a "place" bet he must finish first or second, and to collect on a "show" bet he must finish first, second or third.

Betting a horse "across the board" is really three separate bets: one to win, one to place and one to show. Hitting an "exacta" entails picking the first two finishers in a race in the correct order; a "quinella" is the first two finishers in either order.

A "trifecta" is the first three finishers in exact order; a "trifecta box" is the first three in any order. A "superfecta" is the first four finishers in exacta order. A "daily double" is a wager that calls for picking the winners of two consecutive races. A "daily triple" entails picking the winners of three consecutive races.

And a "Pick Six" calls for picking the winners of six consecutive races, an extremely difficult feat that is usually rewarded with an enormous payout. In Las Vegas, race books frequently offer promotions such as free contests with cash prizes, special house-banked betting pools that grow larger if no one hits them for a few days or horse racing tournaments.

Rules and details vary greatly by casino so be sure to shop around to find those that appeal to you. Nevada sportsbooks are not permitted to accept wagers on presidential elections, the Academy Awards or the winner of the TV show "Survivor. They are not real betting lines. Under state law, wagers must involve the outcome of "athletic contests" rather than elections or votes of any kind.

Even so, "wacky" proposition bets can sometimes be found in Las Vegas sportsbooks. They are often linked to the Super Bowl or another major sporting event. For instance, in Super Bowl XXXV gamblers could bet on whether the Ravens would score more touchdowns than the Chicago Blackhawks scored goals on Super Bowl Sunday -- and that was just one of countless "wacky" propositions.

As another example, to generate interest in Monday Night NFL games, many sportsbooks offer odds on which player will score the first touchdown in the game. These "wacky" bets can be lots of fun, but odds and details vary tremendously by casino, so read the fine print before getting involved.

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Over-Under win totals for the season are a very popular baseball bet that you can follow for the entire regular season. This was discussed in more detail in the alternative baseball wagers section, as it really is just a point spread of 1. The baseball team that's listed as the money line favorite is always going to have the Prices are offered in the same fashion as full game lines.

Going the parlay route in baseball betting is basically the same as any other sport, as bettors have to combine at least two betting selections and go from there. Most sportsbooks will allow bettors to parlay multiple money lines or totals together, or any combination of those two options. Parlays offer a bigger payday for bettors that feel confident in multiple selections, but again, all selections must win for a parlay to pay out.

Should only one game lose on the parlay, the entire ticket gets ripped up. MLB Prop bets in wagering are vast and extensive, as there are many prop wagers offered for a particular game. Baseball bettors that have more of a fantasy baseball background where things like hits, steals, strikeouts etc matter, will find themselves liking baseball prop bets as those are known as player props and can be bet on as well.

The amount of MLB prop bets are endless. Also do not forget about MLB playoff prop bets. Player props are very extensive offerings for baseball games, but they aren't the only prop bets offered. Finally for those that do prefer more totals, there is always the daily prop bet known as the Grand Salami in baseball wagering. All that is is an over-under line on the total combined runs scored for all the games, usually somewhere in the mid's based on how many games are being played that day and the pitching matchups they entail.

With the majority in the sports betting industry believing that live betting and in-game wagering are the future of this business, it should come as no surprise that live betting in baseball markets is already predominant and highly popular. For example, say the Pittsburgh Pirates hold a two-run lead as the visitors after the Top of the 7 th inning.

They were underdogs in the pre-game market and come into the game with the league's worst bullpen. This scenario presents a great situational spot to bet on their opponent on the money line because that team was favored to begin with, and now they get to have three innings of at-bats against a very bad bullpen. Live odds fluctuate constantly and as a number's game, if you know your MLB stats, you have a huge advantage betting live odds. Here's another example, say the New York Yankees are looking to make a comeback against the Boston Red Sox and we known that their top two relievers have pitched two days in a row and are likely unavailable despite the close score.

Remember the MLB regular season is a marathon, not a sprint. This means that the Red Sox will have to use pitchers in the late innings that aren't accustomed to being in those spots, especially against a great offense like the Yankees have. Live odds will likely factor this in, but comebacks are still uncommon. Bettors are going to be getting plus-money live odds in that situation and that's just one example of what gives live betting the potential to be highly lucrative as well as how many envision it as the biggest part of the future of this sports gambling industry.

So when you get things like stand alone games like ESPN's Sunday Night Baseball, or even World Series games, MLB bettors can sit on the sidelines in the pre-game market if they prefer, get a feel for how a game is shaping up and then look to attack in the live odds. It's a method some baseball bettors swear by in today's market. CO Gambling problem? Call Indiana Self-Restriction Program. NJ Bet with your head, not over it! Gambling Problem? Call Gambler. Contact the Nevada Council on Problem Gambling or call PA If you or someone you know has a gambling problem, help is available, call Gambler.

Find where to bet in your state! See Sportsbooks. Sports Betting. You have the option to specify that either or both listed pitchers must start the game. Since baseball odds are determined on starting pitchers, any late pitching changes often force an adjustment in the odds.

This will increase or decrease the payout on a winning ticket. However, if you list starting pitchers, and your pitcher doesn't start, then the bet is refunded. To bet on basketball, tell the ticket writer the bet number of the team you wish to bet, with the point spread, and the amount you wish to wager. The Point Spread: When betting on basketball, the team you bet on must "cover the spread. The point spread is always placed to the immediate right of the team that is favored.

In this example, if you bet the Bulls, the Bulls must win by 4 points for you to win your bet. If you bet the Lakers, any of the following will declare you a winner. If the Bulls win by exactly 3 points then the wager is declared a push and all money is refunded.

Point spreads change constantly. The listed point spread the time you make your bet may be different from the point spread when the game starts. The point spread that is listed on your ticket is your official spread. It makes no difference which team covers the spread.

Simply add the final score of each team. You may combine several teams into one wager. Odds and the number of teams vary from casino to casino. The following are approximate odds:. Any game that results in a push reduces the parlay one team. A two-team parlay would become a straight bet. This increases the probability of winning your bet but decreases the odds of the parlay. Odds and the number of points available to "tease" vary from casino to casino.

To bet on boxing, tell the ticket writer the bet number of the boxer you wish to bet and the amount you wish to wager. Boxing odds are shown using a "Money Line. A "minus" - preceding the number indicates a favorite. Tyson is favored to win the bout. Boxing matches often feature money line proposition wagers on knockouts, draws, rounds and the duration of the fight.

Odds vary on each fight. To bet on football, tell the ticket writer the bet number of the team you wish to bet, with the point spread and the amount you wish to wager. The point spread: When betting on football, the team you bet on must "cover the spread. If you bet the Dolphins, the Dolphins must win by 7 points for you to win your bet.

If you bet the Jets, any of the following will declare you a winner. The listed point spread at the time you make your bet may be different from the point spread when the game starts. In some cases, bettors have the option to discard the point spread and bet on which team will win. This is called betting on the "Money Line".

Sports books offer a number of different cards, each one having different rules. Rules for parlay cards are placed on the back of each card. Read them carefully before wagering. The cards are simple to fill out. Simply darken the boxes, or circles, that apply to the teams you wish to parlay. Then darken the amount you want to bet. Sportsbooks offer bettors the opportunity to wager on the outcome of a season -- for example, which team will win the Super Bowl or the Stanley Cup or the American League East pennant.

This is known as "futures book" or "future book" betting. As an illustration, let's look at Super Bowl futures. For example, the Ravens may be , the Redskins , the Cardinals , etc. It does not matter whether your team covers the point spread in the Super Bowl.

For the purposes of future book betting, the team has to win only the Super Bowl. When you make a futures bet, your odds are "locked in. Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day.

Some sportsbooks offer futures betting on unusual propositions, such as which major league baseball player will hit the most home runs in the regular season. Note that in this type of wager, all bets are action regardless of injuries or other unforeseen events. This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball. If the Yankees go on to win 94 or more games, the "over" is a winner. If they win 92 or fewer games, the "under" is a winner.

If they win exactly 93, the bet is a push and tickets are refunded. Among Las Vegas gamblers, golf is considered one of the two fastest-growing sports to bet on auto racing is the other. The most basic form of golf betting involves picking the winner of a tournament. Typically a sports book will list 30 or more individual golfers along with a field all others option, at various odds. Another popular form of golf betting involves matchup propositions, in which two golfers are paired against each other in a head-to-head wager, with a betting line on each golfer set by the oddsmaker.

The golfer with the better lower score wins the matchup. If one golfer continues play in the tournament after his opponent misses the cut, the golfer who continues play wins the matchup. For example, a matchup may pit Lehman minus against Jim Furyk plus Some matchups pit one usually very good golfer against two or more others.

To determine the winner, take Woods' score and compare with to the best lowest score recorded by the three others. If he finishes first, second or third in the tournament, the "under" wins; if he finishes fourth or worse, the "over" tickets cash. Rules vary by casino, but usually your golfer must tee off in the tournament for "action" meaning once he tees off, you will either win or lose your bet. If for some reason he does not tee off, this is usually considered "no action" and tickets are refunded.

To bet on hockey, tell the ticket writer the bet number of the team you wish to bet and the amount you wish to wager. If your team covers the goal spread, you win. The payout is based on a "Money Line". When betting on hockey, the team you bet on must "cover the spread. The Red Wings must win the game by at least two goals to be a winner. If you bet on the Sharks, you win your bet if: a The Sharks win the game.

Note: The money line is used in conjunction with the point spread. All teams must win to win the bet. Hockey parlays are figured out by calculating the payout for the first game, based on the money line, then applying that amount to the next game and so forth. Thanks to satellite feeds from racetracks around the nation, Las Vegas is a sort of nirvana for horse racing bettors or "horseplayers," as they are sometimes called.

Because there are so many tracks to choose from, in Las Vegas race books it is usually necessary to identify which track you want when you place your bet. For example, tell the ticket writer, "Churchill Downs, eighth race, five dollars to win on No. Otherwise, betting procedure in the race book is the same as at the track: For you to collect on a "win" bet your horse must win the race, to collect on a "place" bet he must finish first or second, and to collect on a "show" bet he must finish first, second or third.

Betting a horse "across the board" is really three separate bets: one to win, one to place and one to show. Hitting an "exacta" entails picking the first two finishers in a race in the correct order; a "quinella" is the first two finishers in either order. A "trifecta" is the first three finishers in exact order; a "trifecta box" is the first three in any order. A "superfecta" is the first four finishers in exacta order.

A "daily double" is a wager that calls for picking the winners of two consecutive races. A "daily triple" entails picking the winners of three consecutive races. And a "Pick Six" calls for picking the winners of six consecutive races, an extremely difficult feat that is usually rewarded with an enormous payout. In Las Vegas, race books frequently offer promotions such as free contests with cash prizes, special house-banked betting pools that grow larger if no one hits them for a few days or horse racing tournaments.

Rules and details vary greatly by casino so be sure to shop around to find those that appeal to you. Nevada sportsbooks are not permitted to accept wagers on presidential elections, the Academy Awards or the winner of the TV show "Survivor.

They are not real betting lines. Under state law, wagers must involve the outcome of "athletic contests" rather than elections or votes of any kind.