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Sports Betting Basics

Updated this week

Sports Betting has arrived! Here are some FAQs to address all of your sports betting questions:

What is a Single?


A single is an individual bet on a contest.

Example: Carolina Panthers To Win vs New Orleans Saints

What is a Parlay?


A Parlay is a combination of 2 or more selections from separate contests.

Example: Carolina Panthers To Win, Charlotte Hornets To Win

What is an SGP?


An SGP is a combination of 2 or more selections from the same contest.

Example: Carolina Panthers To Win, Bryce Young TD Passes - Higher 1.5

What is an SGP+?


An SGP+ is a combination of 2 or more selections from one contest plus at least one additional selection from another contest.

Example: Carolina Panthers To Win, Bryce Young TD Passes - Higher 1.5, Charlotte Hornets To Win

What is a Spread?


The spread refers to the margin of victory for the contest.

Example: Carolina Panthers (+3.5) vs New Orleans Saints (-3.5)

  • In this example, the Spread is 3.5 Points

  • If you bet on Carolina Panthers (+3.5), they must win outright, or lose by fewer than 3 points to win the bet

  • If you bet on New Orleans Saints (-3.5), they must win by more than 3 points to win the bet

What is a Moneyline?


The Moneyline refers to the outright winner of the contest, regardless of their margin of victory

Example: Carolina Panthers Moneyline (To Win) vs New Orleans Saints

What is a Future?


A Future is a bet on the outcome of an event rather than an individual contest. While there are many types of Futures, the most common futures are for a team to win a championship or a player to win an award.

Example: Carolina Panthers to win the NFL Championship

Example: Duke to reach the Final 4 of the NCAA Tournament

Example: LaMelo Ball to win NBA MVP

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