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Another type of bet is called a 'parlay,' which involves two or more outcomes as part of the same bet. In order to win a parlay, all of the components must win. The payouts for parlays is much greater than for straight bets. Parlay cards are the most popular betting option. Every sports book offers a variety of options and combinations. An example of how a parlay card traditionally pays out appears below.


13 to 5


6 to 1


10 to 1


20 to 1


40 to 1

Another type of wager is a 'teaser,' which offers bettors a more advantageous pointspread in exchange for lower payoffs. When betting a teaser, bettors are given 6, 6y or 7 points for football and either 4, 4y, or 5 points for basketball. Proceed at your own risk. They're called teasers for a good reason. There is so much information available these days that well-informed players should be one step ahead of their bookmaker.

Shopping around for the best numbers is critical. Although very few exist, some people bet sports professionally. It also is important for sports bettors to risk only what they can afford to lose.

Bettors who do not check their tickets before leaving sports book counters could walk away with an erroneous bet. Mistakes can be made. Once customers walk away, they have no recourse.

A futures bet provides an entire season's worth of action at a small price. These wagers often involve picking a World Series, NBA title or Super Bowl winner weeks or months before the actual event.

A relatively new, but popular gimmick is halftime betting. Halftime wagering involves betting on a new pointspread and total once the opening two quarters are complete. These could be good chances to press an original bet or to 'get off' if bettors feel they have no chance.

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