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    Welcome to iWagerSports - Sportsbook & Casino
  
Information For Newcomers
This page contains lots of information that could be of use to someone that is new to sports gambling or to someone who is new to iWagerSports. You should try and scan through this information and read the parts that might be of interest to you. The page is divided into 4 major subsections that are explained below.
Rules and Regulations
This section explains the rules and regulations that govern betting for various sports. It covers rules about determining winners, losers or action on different sports.
How to Wager on Sports
This section explains the ins and outs of sports gambling. It explains some of the major concepts on sports betting such as a straight bet or a parlay.
Payoffs
This section contains a detailed explanation on how much we pay for each different wager we offer with charts.
A Glossary of Sports Betting Terminology
This section provides a reference of sports gaming terminology. It will be of great help to those of you new to sports gaming so you can get to know the terminology and it will be a great refresher for you veterans.
What Clients Say
This section contains letters and emails we've received from some of our customers. Take a look and see what they think of iWagerSports.
Rules and Regulations
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These rules are for wagering by telephone or online. If you have any questions, please call us Toll Free at (1-888-iWager2) (1-888-492-4372)
General
Winners and Losers
Types of wagers
Football/Basketball
Baseball
Boxing
Golf
Hockey
Horse Racing
General
All Rules and Regulations contained herein are subject to change and revision by iWagerSports Discount Sportsbook (IWS) without prior written notice!!!

In the event of an incorrect line posting due to a system error or human error all wagers placed on this incorrect line will be deleted.

IWS does not report winnings of individuals to any government agencies. It is the responsibility of each member to report any income from wagering to their respective government agencies.

All transactions and wagers shall be considered originating from San Jose, Costa Rica and governed by the laws of Costa Rica.

Clients are solely responsible for their own account transactions. After wagers are placed by the customer and entered into the computer by the sports operator, the Customer shall wait for the final read back. Once the read back is confirmed by the Customer giving their Personal Account Number, and the phone call terminates, all wagers are final. It is the Customer's responsibility to listen to, and then confirm the final readback, as only it constitutes the bet. For internet wagering, It is the Customers responsibility to review their wagers after each play, or before logging out to make sure all bets are correct. The bets must be confirmed with the Customer's password and are then final. CHECK ALL BETS CAREFULLY!!

It is the Customer's responsibility to keep his password secure. IWS is not responsible for unauthorized use of account by people who have correct account information and password

IWS reserves the right to refuse or limit any wager. This may include, but is not limited to past-posted plays, obvious line errors, or exceeded bet limit amounts.

Telephone Account Balances will be verified by the betting clerk each time you call, before placing your bet..

Clients must use their PIN on all wagering calls.

Minimum wager via the Telephone is $25

Minimum telephone wager on horses via telephone is $2, with a $10 minimum per ticket (call).

Internet minimum for horse wagers is $2

There is a $5 Minimum on Internet wagers.

Maximum Wager via the telephone is up to $20,000 on the side, and $10,000 on a total, depending on the event.

Maximum bet on a futures event is up to $2,000 depending on event.

All wagers will be accepted up to the starting time of the sporting event. All sporting events must be played on the scheduled day unless otherwise specified. Sporting events postponed and then rescheduled, will automatically constitute a "no action" wager, and all money will be credited accordingly.

All Telephone transactions are recorded for our mutual safety and accuracy, and these recordings are used to settle all wagering disputes. In all cases of a dispute, both IWS and the client agree that the tape recording of the transaction shall serve as the final determination in the dispute and all wagers adjusted accordingly. All claims must be lodged within 7 days from the date of the sporting event. No claims will be honored after this time period. Members are solely responsible for their account transactions.

Maximum wagers bet on circled games may be reduced.

Players making any wager must be 21 years of age or older.

Open teasers with one losing selection need to be closed within 1 month of the original selection

Only ONE account is allowed per person. Management reserves the right to make final decisions regarding bonuses. Valid identification may be required to claim bonuses in order to prevent abuse.

Any issue not covered here governing Las Vegas rules apply. Please refer to Don Best.com for specific wagering details.
Back to Rules and Regulations
Winners and Losers
The following sections explain the rules for determining winners and losers in various sports.
What Makes a Game Official
Pro Football 55 Minutes
College Football 55 Minutes
Pro Basketball 43 Minutes
College Basketball 35 Minutes
Hockey 55 Minutes
Baseball Staight Bets (home team winning) 4.5 innings
Baseball Staight Bets (visiting team winning) 5 innings
Baseball Totals and Run Lines (home team winning) 8.5 innings
Baseball Totals and Run Lines (visiting team winning) 9 innings

Boxing (Pro, College, and Amateur): When bell is sounded signifying the start of the opening round, the bout is considered official for wagering purposes. If the bout is officially stopped prior to the bell, that round is not considered a full round.

Other Sports: All other contests that involve a scheduled length of play or time limit must play to their conclusion or have five minutes or less of the scheduled playing time remaining when the contest concludes to be considered official for wagering purposes.
All total bets must go the prescribed length, example, over total number of wins for a football team is not official until 16 games have been played


Baseball: Winners and Losers are official after 5 innings of play. If the Home team is leading, the game is official after 4 1/2 innings. Thereafter, if a game is called or suspended, the winner is determined by the score after the last full inning unless the home team scores to tie or takes the lead in the bottom half of the inning in which case the winner is determined by the score at the time the game is called. When wagering on the Total Runs, the game must go 9 innings (8 1/2 if the home team is ahead) to have "action". Thereafter, if a game is called or suspended, the score will be determined after the last full inning unless the home team scores to tie or takes the lead in the bottom half of the inning in which case the score is etermined by the score at the time the game is called. The Listed Pitchers must start or there is "no action". A Pitcher is deemed to be an Official Starting Pitcher after delivering the first pitch of the game for his team. In the event of a pitching change prior to the game, the price may change. Any wagers marked "Action" on a team or on just one pitcher, if that pitcher is still listed, will be computed on the opening price with the new pitcher listed.
Back to Rules and Regulations
Types of Wagers
Types of Wagers
Straight Bets: A wager on one event whose outcome for wagering purposes shall be determined by a point spread or money odds. All straight and Total bets are 10/11 unless otherwise noted at the time of the wager.

Parlays: Two or more teams or propositions can be tied together to make one wager. All teams must win by the listed point spread.

Teasers: Two or more teams or propositions in which additional points are either added to the underdog or subtracted to the favorite.
Back to Rules and Regulations
Football/Basketball
Football/Basketball
On straight bets, players lay $11 for every $10 player wishes to win.

Example
49ers 47
Vikings -8

The Vikings are an 8 point favorite. Player would lay $110 to win $100 or $550 to win $500, on either team. The point spread is always given with a negative number on the favorite and a positive number on the underdog. If a player wagers on the favorite, that team must win by more than the amount of the point spread. On all straight bets (except Parlays), if the favorite wins by the exact point spread the wager is a Push or "No Action."
The number to the right of the 49ers is the total (over/under) number. Players can wager that the combined score of both teams will be either over or under this number. Overtime scores are counted in the score.

College Football Overtime Procedure

College Football Overtimes commence with a First and Ten Play at the opponents 25-Yard line. The Offensive Team keeps possession until they score, commit a Turnover or fail to Convert on Fourth Down. The Overtime continues until the Score is no longer Tied and each Team has an Equal number of Possessions.All Wagers on Sides and Totals will include all Overtime scoring.

Back to Rules and Regulations
Baseball
Baseball
Baseball bets will be marked as follows:
Listed pitcher: Both starting pitchers are specified. If the pitchers are not exactly as named, wager constitutes "No Action".
Action: Any pitcher may start for either team. However if there is a pitching change Action wagers will be computed with opening price of the new pitcher.
Pitcher vs. Team: You may designate the pitcher you want to start for your team regardless of the other teams starting pitcher.
Team vs. Pitcher: You may pick a team regardless of the starting pitcher to start against other teams designated pitcher.
The wagering on baseball is done by laying or taking money odds. The minus (-) indicates the Favorite and the plus (+) indicates the Underdog

Example
White Sox +150
Indians -160


Player would lay $160 to win $100 or $16 to win $10 on the Indians. Player wagers $100 to win $150 or $10 to win $15 on the White Sox. On money odds whenever there is a minus (-) you lay that amount to win a dollar, where there is a plus (+) you get that amount for every dollar wagered.

When is a Baseball Game Official?
Winners and losers are official after 5 innings of play unless the home team is leading after 4½ innings. If a game is called, or suspended, the winner is determined by the score after the last full inning (unless the home team scores to tie, or takes the lead in the bottom half of the inning, in which case the winner is determined by the score at the time the game is called.) Monies will be refunded if the home team ties the game and it is then suspended. Events will not carry over to the following day (unless otherwise specified).
Sportsbooks do not recognize suspended games, protest, overturned decisions, etc, for wagering purposes.

Special Baseball Rules:
A) When wagering on total runs (over/under) the game must go 9 innings (8½ if the home team is ahead) to have action. If a game is called, or suspended, the score will be determined after the last full inning (unless the home team scores to tie, or takes the lead in the bottom half of the inning, in which case the score is determined at the time the game is called). Rules for the run line wagers are the same as those for baseball totals. Wagers on total runs will be refunded if a pitching change occurs prior to both listed pitchers throwing at least one pitch.
B) Baseball wagers will be accepted in the following manner: both specified pitchers - if starting pitchers are not exactly as listed on wagering display board, and/or your ticket, your wager will be deemed "no action". Note: in the event there is a pitching change prior to the game, money odds may be adjusted. If one scheduled pitcher starts against an unscheduled pitcher, "action" wagers will be computed by the opening price with the new pitcher. Pitcher is deemed a starting pitcher after throwing one pitch.
Back to Rules and Regulations
10¢ Line Breakdown
Starting Price Ending Price Difference
-100 -190 10¢
-191 -195 13¢
-196 -200 15¢
-201 -205 18¢
-206 -240 20¢
-241 -245 23¢
-246 -250 25¢
-251 -255 28¢
-256 -260 30¢
-261 -265 33¢
-266 -270 35¢
-271 -275 38¢
-276 -280 40¢
-281 -285 43¢
-286 -290 45¢
-291 -295 48¢
-296 -300 50¢
-301 -305 53¢
-306 -310 55¢
-311 -315 58¢
-316 -399 60¢
-400 -404 70¢
-405 -409 73¢
-410 -414 75¢
-415 -419 78¢
-420 -499 80¢
-500 -9999 100¢
Back to Rules and Regulations
Boxing
Wagering on boxing is done by laying or taking money odds. The minus (-) indicates the Favorite and the plus (+) indicates the Underdog

Example
De La Hoya +110
Trinidad -130


Player must lay $130 to win $100 or $13 to win $10 on Trinidad who is the Favorite. Player would wager $100 to win $110 or $10 to win $11 to win on De La Hoya, the Underdog. In the event of a draw, monies on the fight itself will be refunded. However, specific fight propositions must come as stated, such as a draw, either fighter by knockout or decision, or a specific round knockout, etc. Round propositions will be governed by the rules posted on our wagering sheets or as stated at the time of the wager. In the event that either fighters do not make the required weight but the fight goes on, the following stipulations apply: When the bell sounds for the first round, the bout will be considered official, regardless of the scheduled length or title. The bout must have the original scheduled length to have action on a rounds proposition.
Back to Rules and Regulations
Golf
Golf is based on two player match-ups.

Example
Davis Love III +130
David Duval -160


The match-up is for the entire duration of the tournament. if one player withdraws before starting then the bet is a Push. If both players fail to make the cut then their two day total score is used. The payout is the same as a baseball moneyline.
Back to Rules and Regulations
Hockey
Wagering on Hockey is done by laying or taking money-line odds. The minus (-) indicates the Favorite and the plus (+) indicates the Underdog

Example
Flyers +1/2 +120
Devils -1/2 -140


Player would lay ½ goal and $140 to win $100 on the Devils. Player would wager $100 and get the ½ goal to win $120 on the Flyers.
Back to Rules and Regulations
Horse Racing

Attention Horse Players:

Due to our inability to view horse races live, our clocks are set 1 minute ahead.

Thanks for your co-operation,
Management

Additional Horse Racing Information
When betting on exotics, such as Quinellas , be advised that if the track does not offer that wager it will be deemed as no action and your bet will be refunded. 
The Horse Betting Site is updated daily with race information.  Race information is updated only for the races occuring that day.   Only those tracks listed below are updated.
Contact the Horse Department for limit information.
If you have questions, please contact the Horse Department at 1-866-888-6717.
Major Tracks

Aqueduct
Belmont
Calder
Churchhill Downs
Del Mar
Gulfstream
Hollywood
Keeneland
Santa Anita
Saratoga
Turfway Park
Minor Tracks

Arlington
Bay Meadows
Fairgrounds
Golden Gate
Hawthorne
Laurel Park
Louisiana Downs
Monmouth
Oakland
Pimlico
Sportman's Park
Woodbine
Other Tracks

Beulah Park
Delaware
Ellis Park
Emerald Downs
Fairmount Park
Fairplex
Finger Lakes
Lone Star Park
Meadowlands
Mountaneer Park
Penn National
Philly Park
Pleasanton
Prarie Meadows
Remington Park
River Downs
Suffolk Downs
Thistledowns
Turf Paradise
NEW HORSE RULES, PAYOUTS & LIMITS
*** Note: The posted limits apply only to postup players.
If you're not a postup player call in for further details.

MAJOR TRACKS
LIMITS
$500 ACROSS (WIN, PLACE, SHOW)
$200 PROPOSITIONS (DOUBLES, EXACTAS, QUINELLAS)
$100 PROPOSITIONS (TRIPLES, TRIFECTAS)
$250 PARLAYS

MAXIMUM PAYOUTS: WIN, PLACE & SHOW
WIN 20-1     PLACE 8-1     SHOW 4-1
DOUBLES, QUINELLAS, EXACTAS 200 ­1
TRIPLES, TRIFECTA, 400-1
PARLAYS    WIN 200-1     PLACE 100 ­1     SHOW 50-1

MINOR TRACKS
LIMITS
$300 ACROSS (WIN, PLACE, SHOW)
$100 PROPOSITIONS (DOUBLES, EXACTAS, QUINELLAS)
$50 PROPOSITIONS (TRIPLES, TRIFECTAS)
$150 PARLAYS

MAXIMUM PAYOUTS
WIN 15-1     PLACE 6-1     SHOW 3-1
DOUBLES, QUINELLAS, EXACTAS 100-1
TRIPLES, TRIFECTAS, S   250-1
PARLAYS   WIN 100-1    PLACE 50-1      SHOW 25-1

OTHER TRACKS
LIMITS
$50 ACROSS (WIN, PLACE, SHOW)
$10 PROPOSITIONS (DOUBLES,EXACTAS, QUINELLAS, TRIPLES, TRIFECTAS)
$10 PARLAYS

MAXIMUM PAYOUTS
WIN 10-1      PLACE 4-1     SHOW 2-1
DOUBLES, QUINELLAS, EXACTAS 50-1
TRIPLES, TRIFECTAS, S 100-1
PARLAYS    WIN 50-1   PLACE 25-1    SHOW 10-1

NEW HORSE BOOK HOURS & LIMITS
OPEN
NEW HORSE HOURS 9:30 AM EASTERN TIME SEVEN DAYS A WEEK
CLOSE
VARIES DUE TO RACING LOCATION & CONDITIONS (APPROXIMATELY 10:00 PM EASTERN TIME)

We hope these rules and payoffs meet with your approval, if not arrangements can be made to change the limits or add your favorite racetracks just ask to speak with the race supervisor and we will try our best to accommodate your specific needs.
Back to Rules and Regulations
How to Wager on Sports
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Basic Sports Betting
Pointspreads
Buy Points
Moneyline
Game Total
Puckline
Pick
Push
The following sections explain some of the fundamental concepts in sports betting.

Basic Sports Betting
Sports bets are most commonly placed on the outcome of a single event or game. And in virtually all contests, there is a favorite and an underdog. In order to make wagering more even, the oddsmaker draws up an odds line, or the odds, such that you can bet on the probability of a competitor's win.
For example, former-world heavyweight champion Mike Tyson steps into the boxing ring to square off against Rocky-star Sylvester Stallone. Tyson is obviously the favorite and Stallone the underdog. The oddsmaker would then post the odds that probably would look something like this:

Tyson = 1 to 9
Stallone = 7 to 1

To win $1 on Tyson, you must wager $9. If he wins, you get $10 back, the $9 you bet plus the $1 you won. On the other hand, to win $7 on Stallone, you need only wager $1. If Stallone wins, you get $8 back, the $1 you bet plus the $7 you won.
Back to How to Wager on Sports
Pointspreads
The pointspread - also called "the line" - is used as a margin to handicap the favorite team. The oddsmaker - also called the handicapper - "gives" points (or goals) to the underdog - for betting purposes only. The bettor must take either the favorite or the underdog. The favorite is always indicated by a minus sign (e.g. -8.5) and the underdog by a plus sign (e.g.+8.5). For betting purposes, the outcome of the game is determined by taking the actual game score and finding the difference between the scores of the two teams playing (called the pointspread or just the "spread").
For example - The Green Bay Packers are 8 point favorites over the Miami Dolphins (an 8 point spread shown as -8 beside Green Bay on our "lines" page). If the final score is Green Bay 20 Miami 13, then the actual game score "spread" is 7 points (20 minus 13). In our example if you took Miami (called the "dog"), you would win the bet since Green Bay had to win by 9 points or more to "cover the spread." Green Bay needed 2 more points to "cover" since if the game landed right on the "spread" of 8 points it would be called a "push" (similar in concept to a tie in Moneyline wagering, which is also called a push) and it would be "no action" (no bet and money held in your account to cover the wager is released back into your available balance). If the "spread" is put in at a half point (eg. -8.5 for the favorite Green Bay) by the Sportsbook handicappers then there can be no "push." In this case, there is "action" at any final game score pointspread.
In a pointspread, you must wager $11 to win $10 ($21 is returned to the winner). 10/11 is the standard for pointspread bets on most sports.
Back to How to Wager on Sports
Buy Points
Buy Points means that you can move the pointspread so that you give away less points with the favorite or get more points with the underdog, for both football and basketball.

To do this you must pay an extra 10% for each point you buy in your favor.

For the NFL you will pay an additional 20% to buy on or off 3 points (also known as KEY POINTS). In NCAA there are no KEY POINTS, every half point costs 10%

NOTE: There are NO Key Points for basketball. You pay a flat 10% for each 1/2 point you buy.

EXAMPLE: Dallas Cowboys -3 1/2 and I want to buy 1 point... What is the price? Dallas Cowboys -2 1/2 would be 150/100

Buy Point Table (Football Key Points)

Buy 1/2 point to 3 130 / 100
Buy 1/2 point off 3 130 / 100
Buy 1 point to 3 140 / 100
Buy 1 point off 3 140 / 100
Buy 1/2 point any other 120 / 100
Buy 1 point any other 130 / 100
You can buy up to 2 points on any Football or Basketball game
Back to How to Wager on Sports
Moneyline
A Moneyline is a bet offered without a point spread. You are only betting on who will win the game. Payouts are then based on true odds rather than fixed odds. The favorite and underdog are given odds to win a game or fight.

The minus sign (e.g.-130) always indicates the favorite and the amount you must bet to win $100. The plus sign (e.g.+110) always indicates the underdog and the amount you win for every $100 bet.

Therefore based on the above moneyline, you bet $130 to win $100 on the favorite. For the underdog, you win $110 for every $100 bet.
Back to How to Wager on Sports
Game Total
The game total or just the "Total" is, quite simply, the combined scores of both teams competing in the game being wagered on. You can bet whether the game will go over or under this figure.

For example, the Buffalo Bills are playing the New York Giants and the "Total" posted by the Sportsbook on the game is 38. If the final score is New York 20 Buffalo 19, the total game score would be 39. Therefore in this scenario if you bet over, you would win; if you bet under, you lose.
Back to How to Wager on Sports
Puckline
Hockey combines both a handicap/spread and odds. This is called the Puckline. Sample line:

Boston + 1 (-110)
Detroit - 1.5 (-110)

The favorites are the Detroit Red Wings, who are giving the Boston Bruins 1.5 goals. To win the bet, Detroit would have to win the game by 2 goals. When placing this bet you are getting even money, which means that for every $110 you wager, you will win $100.

If you are betting on Boston, you will receive a 1.0 goal handicap, meaning that if Detroit wins by 1 goal the game is a push.

If the game ends in a tie or Boston wins, then you win the bet. The odds again are at -110.
Back to How to Wager on Sports
Pick
Occasionally, there will be no favorite on a game. In this instance the game is said to be a pick and you can bet 10/11 (bet $110 to win $100) on either team.
Back to How to Wager on Sports
Push
If the result of a game lands exactly on the pointspread or is a tie in the case of betting a moneyline, or if the exact score of the game matches exactly the Sportsbook's posted game total (Total), then the game is a "Push" or "No Action" and all wagers are released back to the Available Balance of your Account.
Back to How to Wager on Sports
Payoffs
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Sports and Props Payoffs
Please Note: Maximum Parlay payouts are 150 to 1 or $150,000. Straight & Total Bets ( Football & Basketball ). All Straight and Total bets pay 10/11 unless otherwise specified.
World's Highest Parlay Payoffs
Football & Basketball
2 team 14 - 5
3 team 6.5 - 1
4 team 12 - 1
5 team 25 - 1
6 team 42 - 1
7 team 75 - 1
8 team 100 - 1
In case of "No Action" or a "Tie," Parlay is reduced to the next lowest number of plays. Two team parlays become a straight bet.

World's Greatest Football Teaser Prices

# of teams 6 pts 6 1/2 pts 7 pts 10 pts
2 teams even 10 - 11 10 - 11.5 xx
3 teams 9 - 5 8 - 5 3 - 2 10 -11
4 teams 3 - 1 5 - 2 2 - 1 xx
5 teams 9 - 2 4 - 1 7 - 2 xx
6 teams 7 - 1 6 - 1 5 - 1 xx
And... In the most heavily played "Sweet Heart" 3 team 10 point teaser iWagerSports buries "The Other Guys" - we charge ONLY 10-11, versus the full charge sports books who charge 10-12 or even 10-13. (All teams must win)

World's Greatest Basketball Teaser Prices

# of teams 4 pts 4 1/2 pts 5 pts
2 teams even 10 - 11 10 - 12
3 teams 9 - 5 8 - 5 3 - 2
4 teams 3 - 1 5 - 2 2 - 1
5 teams 9 - 2 4 - 1 7 - 2
6 teams 7 - 1 6 - 1 5 - 1
Special "Sweet Heart" NBA & College Basketball Teasers: 3 Team 8 Point Teasers pay 10-11 & 4 Team 10 Point Teasers pay 10-12. (All teams must win)

A "Tie" or "No Action" and a "Win" or a "Loss" on a two team teaser shall constitute a "No Action" wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket.

Examples:

  • A tie on a three team teaser becomes a two team teaser.
  • A tie on a five team teaser becomes a four team teaser
Back to Payoffs
A Glossary of Sports Betting Terminology
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
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Select a letter to go to that section of the glossary:

A

ACTION
A wager of any kind, a bet. In baseball, placing the bet no matter who pitches.

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B

BEARD
A friend or acquaintance or other contact who is used to placing bets so that the bookmakers will not know the identity of the actual bettor. Many top handicappers and persons occupying sensitive positions use this method of wagering.

BOOK
An establishment that accepts wagers on the outcome of horseracing and sporting events.

BOOKIE
Person who takes clients' bets.

BUCK
A $100 wager.

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C

CANADIAN LINE
A combination point line and moneyline in hockey.

CHALK
A favorite.

CHALK PLAYER
Someone who usually only plays the favored teams, rarely betting on the underdogs.

CIRCLED GAME
A game in which the betting action is severely limited; usually occurs in games that feature key injuries, inclement weather, or unsubstantiated rumors regarding a team; most bookies "circle" all Ivy League Games.

COVER
To bet the spread by the required number of points; if such occurs you have "covered the spread".

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D

DIME or DIME BET
A $1,000 wager.

DOG
The underdog in any betting proposition.

DOG PLAYER
One who mostly plays the underdog.

DOLLAR BET or BUCK
A $100 wager.

DOUBLE BET
A wager for twice the size of one's usual wager; also known as "double IWS" or "doubling up".

DUE FOR
A team that is "due for" whether it is a win or a loss; many bettors like to play "due for" situations.

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E

EAST COAST LINE
Mainly used in hockey, which has a split-goal line e.g. - NY Rangers (1 - 1 ½) favorite over the Vancouver Canucks as opposed to goal spread plus moneyline (-1/2 -180).

EDGE
Advantage.

EVEN MONEY
A wager in which no virgorish or juice is laid.

EXOTIC WAGER
Any bet other than a straight bet, i.e., parlays, teasers, if bets, reverses, round robin, round robin box reverses, etc

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F

FUTURES
Odds posted on the winners of various major sport championships in advance of the event, including the Super Bowl, the World Series, the Stanley Cup and the NBA championship.

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G

GETTING DOWN
Making a wager.

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H

HANDICAPPER
One who studies, rates and wagers on sporting events and/or races.

HANDLE
Total amounts of bets taken.

HEDGING
Placing bets on the opposite side in order to cut losses or guarantee winning a minimal amount of money.

HOOK
A half point added to football and basketball betting lines.

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J

JUICE
The bookmaker's commission; also known as the vigorish.

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L

LAYING THE POINTS
Betting on the favorite.

LIMIT
The maximum amount a bookmaker will allow you to bet before he changes odds and/or the points; also the "cap" on what you can personally wager.

LINE
The current odds or pointspread on a particular event.

LINEMAKER
The person who establishes the original and subsequent betting lines.

LISTED PITCHERS
Stating that you will place bet only if one or both of the pitchers scheduled to start a baseball game actually start. If they don't, the bet is cancelled.

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M

MIDDLE(S)
To win both sides of the same betting proposition; betting the favorite team at -1.5 with one bookmaker and then taking +3.5 with another bookmaker; the game ends up with the favorite winning by exactly 3 points, you have then "middled the game"; a favorite betting method of "Wise Guys".

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N

NICKEL
A $500.00 wager.

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O

ODDSMAKER
Same as a linemaker.

OFF THE BOARD
A game on which the bookmaker will not accept action.

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P

PARLAY
(1) a sport bet with two or more teams in which all teams must win or cover for the bettor to be successful and receive higher payouts; (2) a wager on two or more horseraces in which the winnings are carried over to the next race.

PICK 'EM GAME
Neither team is favored; take your pick and lay 11 to 10.

POINTSPREAD
The "line"; the handicap, or head start that the favorite gives to the underdog for betting purposes.

PRICE
The odds or pointspread.

PUSH
Tie; neither side wins and all money is returned to the bettors.

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R

ROUND ROBIN
A series of three or more teams into 2-team wagers.

RUN LINE
A line used when wagering on baseball.

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S

SMART MONEY
Sides that are bet on by the more knowledgeable handicappers.

STEAM
When a betting line starts to move quite rapidly; most "steam games" do not necessarily reflect the "right side," but are games that the mass of bettors somehow decide to key on.

STORE
A Bookie.

STRAIGHT BET
A bet on just one team or horse.

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T

TAKING
Wagering on the underdog; taking the odds.

TOTALS
Total combined point/runs/goals scored in a game; In baseball, if either of the two listed starting pitchers don't go the bet is automatically cancelled.

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W

WISE GUY
A well-informed or knowledgeable handicapper or bettor.

WOOD
Laying points.

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What Clients Say
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Roddy,

I've really got to hand it to you guys. I'm glad you convinced me to get on board with iWagerSports even though I seemed skeptical after hearing about your 40% in sign-up bonuses. The other sportsbook who told me you were giving away money because you ran an inferior service was absolutely "full of bull".You and your staff run a first-rate operation from sign-up, to betting, to really fast pay-outs. Keep up the good work!

A.E.
La Jolla, C


Gentlemen,

It's difficult for me to believe that your customer service center and betting office are both located in San Jose, Costa Rica. How are you able to consistently send me pay-outs that I receive the day after I request them. And even more to the point, how are you able to hire all of the excellent English speaking clerks down there. Well, whatever you're doing, keep doing it.

T.J.
Alhambra, CA


Dear Roddy,

I'm writing this short note to you today because I just opened the UPS next-day air envelope and am looking at your check for the $15,500 I picked up when I hit that 6 team $500 parlay on the bowl games last week-end. Thank you for shipping it the same day I requested it. I received it overnight, the same way I received 7 or 8 pay-outs during the Football season.

B.V.B.
Houston, TX


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