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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


What are odds in Sports Betting?

Odds are displayed alongside each selection as a decimal multiplier. The amount of your entry will be multiplied by these odds to determine your final payout.

Example: A winning $10 entry with odds of 2.50x will have a final payout of $25.00

Please note that entries made using Bonus funds will not return the initial stake. A winning $10 entry made with Bonus funds with odds of 2.50x will have a final payout of $15.00


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