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Straight
Bets
A wager on a game or event in which a team (or
total, player, etc.) is selected to win against
the point spread, odds or a combination both.
Point
Spread (i.e., football, basketball,
hockey- puck line): If
ll, football/hockey- money line, golf, tennis,
futures, horses, auto, boxing, soccer): A wager
on the selection to win outright (no point spread).
If
the odds are positive (+), then the payoff is
calculated by multiplying the wager times the
odds (e.g., if you wager $50 and the odds
are +120, the payoff is: $50 x 1.20 = $60).
If the odds are (-), then the payoff is calculated
by dividing the wager by the odds (e.g.,
if you wager $55 and the odds are -110, the payoff
is $55 / 1.1 = $50).
Point
Spread with Odds (i.e., golf matchups):
A combination of the two above. The selection
must win by the point spread, and the
payoffs are calculated by the odds.
Wagers on second half lines include overtime for Football and Basketball.
Parlays
A
parlay is a group of straight bets combined into
one bet. For the parlay to win all of the individual
parts of the parlay need to win for the parlay
to be a winner. You can mix different sports on
the same parlay. Two
or more straight bets combined together to make
one wager. If all teams in the parlay win, the
parlay is a winning bet. If any team included
in the parlay loses, the parlay is a losing bet.
If a team in the parlay ties or is "no action," the parlay's number of teams is reduced by one;
a tie on a two team parlay become a straight bet.
Parlay
payoffs are the following:.
|
# OF TEAMS
|
PAYOFF
|
|
2
|
13/5
|
|
3
|
6/1
|
|
4
|
10/1
|
|
5
|
20/1
|
|
6
|
40/1
|
7 |
1/75 |
8 |
1/150 |
9 |
1/250 |
10 |
1/400 |
11 |
1/500 |
12 |
1/600 |
13 |
1/750 |
14 |
1/900 |
15 |
1/1200 |
*** MAXIMUM PARLAY PAYOUT
IS $75,000
Teasers
A teaser is the same as a parlay in which additional points are either added
to the underdog or subtracted from the favorite (e.g., if the regular
line on your selection is -4 and you have a 6 point teaser, then your
line would be +2).
A two team teaser with a tie and
a win, or a no action and a win is considered a push and your wager amount
is refunded to your account.
Football Teasers: 6
pts, 6½ pts, 7 pts.
Basketball Teasers: 4 pts, 4½ pts, 5 pts.
Teaser payoffs are the following:
|
# OF TEAMS
|
6 point
|
6 1/2 point |
7 point |
|
2
|
100/100
|
110/100 |
120/100 |
|
3
|
100/170
|
100/160 |
100/150 |
|
4
|
100/280
|
100/250 |
100/200 |
|
5
|
100/425
|
100/400 |
100/350 |
|
6
|
100/600
|
100/550 |
100/500 |
Monster Teaser (3 teams
only)
Football Monster Teasers: 10 points
Basketball Monster Teasers: 7 points
Super Monster Teaser (4 teams only)
Football Monster Teasers: 13 points
Basketball Monster Teasers: 10 points
ALL TIES LOSE!
| #
OF TEAMS |
PAYOFF |
| 3 |
120/100 |
| 4 |
130/100 |
**NEW- Pleasers (phone
only)
Pleasers are similar to a teaser, only you give,
versus receive additional points; additional
points are either subtracted from the underdog
or added to the favorite (e.g.,
if the regular line on your selection is
-4 and you select a pleaser, then your line
would be -10).
Pleasers
are currently only available on NFL side straight
bets combined with additional NFL side bets.
Other
Pleaser Examples:
Odds:
Dallas is (-3) over Washington
Pittsburgh is (-8) over Cleveland
A "Two Team Pleaser" on Dallas and Pittsburgh
would be:
Dallas (-9)
Pittsburgh (-14)
A "Two Team Pleaser" on Washington and Cleveland
would be:
Washington (-3)
Cleveland (+2)
Pleaser
payoffs depend on how many teams are in your wager. Payoffs are shown in the table below. If there
is a tie in one or more of your individual parts
then the wager steps down to the next lowest number
of teams.
A
2 team pleaser with a tie and a winner pays even
money.
A 2 team pleaser with two ties is a push.
|
#
OF TEAMS
|
PAYOFF
|
|
2
|
6/1
|
|
3
|
17/1
|
|
4
|
45/1
|
|
5
|
120/1
|
|
6
|
300/1
|
**NEW**--IF
BETS
An "IF" wager allows the client to make
a second wager, pending a win, loss or tie on
the first selection. "IF" wagers must
be made on the same call, with the second part
of the "IF" wager not exceeding the
amount of the first selection.
There are four types of "IF" wagers:
IF win only, IF win or tie, IF lose, IF lose or
tie.
For
example: San Diego +3 $110 to win $100 IF
WIN OR TIE then Oakland -2.5 $110 to win $100.
If
the Chargers lose, the wager is over and the client
loses the $110 bet on SD +3. If the Chargers win
or tie, then the wager continues on to the Raiders
wager. If the Raiders win, the client wins a total
of $200. If the Raiders lose, the client only
loses $10.
REVERSE
IF BETS
A
Reverse IF bet is a double action IF bet, a two
part wager.
For
example: Dallas -7 $110 to win $100 IF WIN
then Miami +4 $110 to win $100.
With
a Reverse IF bet, the client has Dallas -7, and
if that wins, the client will also have Miami
+4, AND the client has Miami +4 and if that wins,
the client will have Dallas -7. It is basically
a two sided IF bet.
**NEW**--ROUND
ROBINS
A
Round Robin is a combination of 2 team parlays
involving 3 or more teams.
For
example: Carolina +7, St. Louis -9, and Green
Bay -4
|
Carolina
+7
|
Green
Bay -4
|
Green
Bay -4
|
|
St.
Louis -9 100/260
|
St.
Louis -9 100/260
|
Carolina
+7 100/260
|
The
client is risking $300 to win $780.
Limits
Wagering
limits are the following (any wagers above the
amount below are subject to approval by Islandcasino.com
management):
SPORT |
STRAIGHT
BETS |
PARLAYS/TEASERS |
FUTURES |
| Side
Max* |
Total
Max* |
Min** |
Max* |
Min** |
Max* |
Min** |
| FOOTBALL |
|
|
|
|
|
|
|
| NFL |
|
|
|
|
|
|
|
| Game |
$5,000 |
$3,000 |
$10 |
$1,000 |
$1 |
$1,000 |
$10 |
| 1st/2nd
Half |
$3,000 |
$1,000 |
$10 |
$1,000 |
$1 |
n/a |
n/a |
| College |
|
|
|
|
|
|
|
| Game |
$5,000 |
$3,000 |
$10 |
$1,000 |
$1 |
$1,000 |
$10 |
| 1st/2nd
Half |
$3,000 |
$1,000 |
$10 |
$1,000 |
$1 |
n/a |
n/a |
| BASKETBALL |
|
|
|
|
|
|
|
| Game |
$5,000 |
$2,000 |
$10 |
$1,000 |
$1 |
$1,000 |
$10 |
| 1st/2nd
Half |
$3,000 |
$1,000 |
$10 |
$1,000 |
$1 |
n/a |
n/a |
| WNBA |
$1,000 |
|
|
$250 |
$1 |
n/a |
n/a |
| BASEBALL |
$3,000 |
$1,000 |
$10 |
$1,000 |
$1 |
$1,000 |
$10 |
| NHL |
$2,000 |
$1000 |
$10 |
n/a |
n/a |
$1,000 |
$10 |
| GOLF |
$1,000 |
n/a |
$10 |
n/a |
n/a |
$1,000 |
$10 |
| TENNIS |
$1,000 |
n/a |
$10 |
n/a |
n/a |
$1,000 |
$10 |
| HORSE
RACING |
$250 |
n/a |
$2 |
n/a |
n/a |
$1,000 |
$10 |
| AUTO
RACING |
$1,000 |
n/a |
$10 |
n/a |
n/a |
$1,000 |
$10 |
| BOXING |
$1,000 |
n/a |
$10 |
n/a |
n/a |
$1,000 |
$10 |
| SOCCER |
$1,000 |
n/a |
$10 |
n/a |
n/a |
$1,000 |
$10 |
Any parlay including at least one WNBA game
has a limit of $250
*For
Internet wagering, the maximum wager per ticket
is $1,000 on straight bets and $250 on parlays
and teasers, but multiple tickets may be placed
to reach the limits listed above.
The maximum wager on a circled game is $500.
**For telephone wagering, the minimum wagers are
$50 on straight bets and $25 on parlays/teasers.
For overnight lines, maximum bet is $500
Scored Official
Games/Events
are declared official according to the following:
| SPORT |
SCORED OFFICIAL
AFTER |
| FOOTBALL |
55
minutes of play |
| BASKETBALL
(NBA) |
43
minutes of play |
| BASKETBALL
(NCAA) |
35
minutes of play |
| BASEBALL |
5
innings of play |
| HOCKEY |
55
minutes of play |
| GOLF |
54
holes of play |
| BOXING |
After
opening bell is rung |
| TENNIS |
After
1st serve |
| OTHER
SPORTS |
For
timed events, must have less than 5 minutes
remaining |
Football
/ Basketball
Types
of wagers available for Football and Basketball:
Straight (point spread & money-line), totals,
1st half, 2nd half (includes OT), and propositions.
Baseball
Types
of wagers available for baseball: First five innings,
run-lines, money-lines, totals and propositions.
Special
Baseball Rules
Baseball games are declared official
after 5 innings of play or 4 1/2 innings if the
home team is winning. 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 take 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. Wagers
will be refunded if the home team ties the game
and it is then suspended. Events will not carry
over to the following, unless otherwise specified.
For
total (over/under) wagers, the game must complete
nine innings (8 1/2 if the home team is winning)
to have action. If a game is called or suspended,
the score will be determined by the last full
inning unless the home team scores to tie or take
the lead in the bottom half of the inning, in
which case the score is determined at the time
the game is called. All total wagers are automatically
both listed pitchers (see below).
Rules
for run-line wagers and propositions are the same
as those for baseball totals.
There
are three wagering options for baseball
Action: wager on team vs. team,
regardless who pitches. If one of the listed pitchers
does not start the game, the line will be adjusted
to the opening line with the new pitcher.
List
Both Pitchers: wager only if both listed
pitchers start the game. The wager will be "no
action" if either or both pitchers do not start
the game.
List
One Pitcher: wager only if one team's
listed pitcher starts the game. The wager will
be "no action" if the specified pitcher does not
start the game.
Baseball
Propositions:
• For wagers on Total
Hits+Runs+Errors in the game, Both
starting pitchers must go for action. Game must
go 8½ innings if home team is winning or
9 innings if road team is winning for action.
Extra innings counts. If a game goes past 9 innings
and is not completed no action.
•For
wagers on Team to score
first and
a Run scored in the
first inning, Both starting pitchers
must go for action.
•For
wagers on Total Bases
Matchups, Single=1base, Double=2bs,
Triple=3bs, HR=4bs. Hits Only. Both players+starting
pitchers must start for action.
• For wagers on Player
proposition bets, BOTH players must START for
action
Hockey
Types
of wagers available for hockey: Straight (puck-line & money-line), totals, and propositions.
Golf
Types
of wagers available for golf: Odds to win &
place (top four) tournament, odds to win
foursome, straight bets on daily matchups (odds
plus stroke line with odds), and propositions.
For
any wager, if the selected player (or opponent
if daily matchup) does not tee off, the wager
is "no action", and the wager amount will be refunded.
For stroke line wagers, the player with the "-"
is the favorite and the "+" is the underdog (e.g.,
you wager on Fred Couples (+2) over David Duval,
Couples shoots 68 and Duval 67: Couples is the
winner by a margin of one stroke since Duval was
favored by two strokes).
Odds
to Place: wager on a player to finish in first
through fourth place for the tournament.
*If there is a tie for fourth place, the payouts
are calculated by dividing the payout odds by
the number of players tied for fouth place (e.g.,
you wager $10 on Tiger Woods to place, his place
odds are 6 to 1, and three players tie for fourth
place: payout= 6 / 3 = 2; $10 x 2 = $20 total
winnings).
Odds
to Win Foursome: wager on a player to place higher
than the other players in the tournament. If there
is a tie, the leader following the previous round
is the winner. If two players tie every round,
the player who was leading latest in the final
round is the winner.
Daily
Mathups: wager on one player to place higher than
another, either for the tournament of the specified
round. If there is a tie, the wager amount will
be refunded.
For
future wagers: In the event that a tournament
does not play the specified number of completed
holes (usually 72), and the PGA officials shorten
the tournament, the leader at the end of number
of holes determined to be offiial by PGA officials
shall be the winner.
Tennis
Types
of wagers available for tennis: Odds to win tournament,
odds to win daily matches, and propositions.
Horse
Racing
Types
of wagers available for horse racing: Odds to
win, place & show; exactas, quinellas, trifectas,
and propositions.
Auto
Racing
Types
of wagers available for auto racing: Odds to win
race, odds to win matchups, propositions.
Soccer
There are various different ways one may wager
on soccer. IslandCasino offers Sides, Totals,
Draw and Parlays.
Example:
| Manchester
United |
+150 |
| Liverpool |
+160 |
| Draw |
+220 |
| Total |
2 ½o |
MONEY-LINE
(SINGLES BETS):
Involves betting on the outcome of a match in
90 minutes (i.e. 1st half and 2nd half), choosing
whether the game will end in a home win, an away
win or the draw. Extra time does not count in
this case - as in many Cup matches, when goals
scored in extra-time do not count for wagering
purposes. However, separate odds are often quoted
for a team to go through to the next round (either
through winning in Extra-Time, by Penalties or
by the Golden Goal) - these wagers are usually
termed "Outright Winner" wagers, as
opposed to "Within 90 Minutes Winner" wagers.
PARLAYS
(MULTIPLE BETS):
Soccer parlays are a single wager on two or more
outcomes. Soccer parlays may not be parlayed with
any other sports. The wager amount and the profits
from one winning wager is rolled over and parlayed
to the second wager. Also see our Parlay Conversion
Chart on how to figure soccer parlay payoffs.
These "multiple bets" simply are a string
of single bets, with more than one outcome. Just
as with the single wager you must determine whether
your selected matches will end in respective home
win, away win or draw.
Other
Wagering
will be available on other sports and special
events, and will be included in the futures page
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