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Straight Wagers (Page 1)

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Two ways to place straight bets on V-Wager.com:

Bet The Board: Allows you to place multiple straight wagers on multiple sports on one screen. However, you can not buy points.
Straight Bet: Allows you to place one straight wager at a time and you can buy points.

Intro:

A game has four (4) straight wagering situations. You can wager on the 'side' of the game or the 'total' of the game. When wagering on a 'side', you can choose to wager on (a) the favorite team (the team most likely to win the game, or has the odds in its favor) or you can choose (b) the underdog (the team most likely to lose the game, or has the odds against it). A 'total' (or over/under) is the combined amount of points both teams will score in a game. When wagering on a 'total' (or over/under), you can choose to wager on (c) 'over' or (d) 'under' the total points scored.

The different types of lines:

The Point Spread: Point spreads are used in football and basketball. The point spread (or 'line') will try to make the game an even game by adding points to the score of the underdog or subtracting points from the favorite.
The Total ('over/under'): Totals are used in football, basketball, baseball, hockey, etc. The Total is set, and periodically adjusted, to insure that half of the people will wager on the 'over' and wager on the 'under'.


Example 
------------------------
Cowboys -4
Redskins 48
----------or------------
(these two situations are identical)
Cowboys -4
Redskins +4
Over/Under 48
------------------------

The line in the above example would read: "Cowboys are favored by four points against the Redskins and the total (or over/under) in the game is forty-eight."

There are five (5) possible straight wagering outcomes. You can wager on:

  1. The Cowboys to win by more than 4 points
  2. The Redskins to lose by less than 4 points
  3. The Redskins win
  4. The total (or over/under) to be over 48 points
  5. The total (or over/under) to be under 48 points

Results:
Side Wagers

  • If you wagered on the Cowboys (the favorite) and the Cowboys won the game by more than four points the wager is a winner (the Cowboys "covered the spread").
  • If you wagered on the Redskins (the underdog) and the Cowboys won by less than four points the wager is a winner (the Cowboys "did not cover the spread").

NOTE: If the Cowboys won the game by exactly 4 points, then the game ends in a 'tie' or 'Push' and all money is refunded. You do not win nor lose any money.

Total (over/under) Wagers

  • If you wagered on over the total (or the over) and there were more than 48 total points scored in the game (including all overtimes) then the wager is a winner.
  • If you wagered on under the total (or the under) and there were less than 48 total points scored in the game (including all overtimes) then the wager is a winner.

NOTE: If the game concludes and there are exactly 48 total points scored, then the game ends in a 'tie' or 'Push' and all money is refunded. You do not win nor lose any money.

'Juice' or 'VIG' (Vigorish):

When wagering on a straight wager (point spread or total), you lay a certain amount of money to win a smaller amount of money. The difference between what is wagered and what is won is called the 'Juice' or 'VIG'. This 'Juice' or 'VIG' is one of the ways a sports book makes its money. In football and basketball the 'Juice' (or 'VIG') is 10%. In other words, for every $110 wagered you will win $100. If you lose the wager, you lose $110. If you win the wager, you get the $110 'Juice' refunded to you, plus the $100 in winnings ($110 + $100 = $210 total paid back to your account).

Pick'em

When there is no favorite team (both teams are considered to have an equal chance of winning the contest) the 'point spread' is a 'PK' ('Pick' or 'pick'em') in which case there is no point spread. In a 'PK' you may wager on either team to win risking $110 to win $100. If the team wagered upon wins, your wager is a winner.

Continued on Page 2 ...

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