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What is a Straight Wager?

The team wagered on MUST win by the point spread given at the placement of the wager. For straight wagers, unless otherwise indicated, the odds are 110 to win 100. Games that tie are considered "no action" or “push” and money is re-deposited back into the account. Due to changing events, the point spread may fluctuate at any time. Refreshing your screen will update current odds.

Example:
Player wagers $110.00 on Miami -7 to beat Buffalo +7
If Miami wins by more than 7 points, the player wins $100.00. Therefore, the $110 risked is returned plus the $100 won. If Miami wins by exactly 7 points... the game is considered "no action" or “push” and all money is returned to the bettor. If Miami wins by less than 7 points, the straight wager is lost.

What is a Money Line?

Simply put, the wagered team has to win the game. The amount one lays, or risks, for each game may vary. The money line that is quoted at the time of placing the wager is the money line, regardless of any later line movement.

Example:
The player wagers the Money Line on Miami -160 at Buffalo +140.
If Miami wins, the player would have wagered $160.00 to win $100.00. If the player wagered on Buffalo, the player would wager $100.00 to win $140.00.

What is a Total?

The combined score of both teams for games wagered on is the TOTAL. All totals odds are 110 to win 100, unless otherwise indicated.

Example:
The player wagers $220.00 on the 'OVER' in the Miami / Buffalo game. The total for the game is 45.
If both teams' combined score is MORE than 45 points, the player wins $200.00. If the combined score is EQUAL to 45, the game is considered 'No Action' or ‘push’ and the amount wagered is re-deposited to the player's account. If the combined score is LESS than 45 points, the wager is lost and therefore the amount risked is taken out from the player's account.

What is a Parlay?

This is a bet of 2-8 teams (selections) in no particular order. All teams wagered on a parlay MUST win. If there is a tie, or 'No Action', among the selections made, the parlay reverts down to the next lower number for payoff purposes. In the case of a 2-team parlay, it reverts back to a straight wager.

Example:
The player wants to make a 5 team parlay: Miami -7, New York +3, Seattle -4, Denver -10, and San Francisco -8.
If ALL win, the player collects at 20-1 odds. If 4 of the games win and 1 game is considered 'No Action', the player collects at 10-1 odds. If 1 of the teams loses, the ENTIRE Parlay bet loses.
Check out our odds page http://www.724sports.com/odds.asp for odds on all parlays.

What is a Teaser?

A Teaser is a selection of two or more teams in one wager in which the point spread is adjusted to your desire. The number of teams selected, and the number of teaser points selected, determines the payout odds. A 'Tie' or 'No Action' and a 'Win' on a two team teaser shall constitute a 'No Action' wager. A 'Tie' or 'No Action' and a 'Loss' on a two team teaser constitute a 'Losing' wager. Ties on a three team, or more, teaser shall revert to the next lower betting bracket. Example: A tie on a three team becomes a two team teaser.

For odds on teaser, visit our odds page at: http://www.724sports.com/odds.asp

What is an If-Bet?

An If-Bet is a selection of two or more teams (or selections) in which the first wager will determine whether or not there will be action on the next selection and so forth.  If-Bets must be made on one call.  There are two ‘sub-options’ which are Single Action or Double Action.

Single Action: If win only.  This means that if your first option WINS, you will continue with your next selection and so forth.

Double Action: If Win, Tie or Cancel.  This means that if there is a Win, Tie or cancellation on one of your selections, your next selections will still have action.

What is a Reverse?

It’s an IF-BET combination.  This wager type allows the player to make a second wager pending a win on the first selection. The second part of the reverse wager cannot exceed the wagered amount of the first selection.  Reverses can only be Double Action.

Example:
Part A                                                   Part B
Dallas – 5 $110 to win $100           Dolphins -10 $110 to win $100
If win, tie or cancel                             If win, tie or cancel
Dolphins -10 $110 to win $100      Dallas -5 $110 to win $100

If both teams win:         Player wins $400
If one team loses:          Player loses -$120
If both teams lose:        Player loses -$220
If there is a tie on one:  Player wins $200 

What are Round Robins?

Very simply, a Round Robin is an easy way to create a number of parlays or teasers involving a selection of teams - putting them in the maximum possible number of combinations. There is no such wager as a 'Round Robin' as such - it is merely a method for creating parlays easily and quickly.

Example:
You wish to place the Giants, Vikings, Saints and Raiders in 2-team parlays. You select the teams and choose '2' in the number of teams per round robin parlay drop down menu at the bottom of the page. The system will generate all the possible 2 team parlays for you and the cost for each one will be deducted from your account when you review and press accept the wager. You do not have to win ALL the bets - you win the ones that have winning teams in the same way as all parlays - so a 2-teamer with a push in it pays out as a straight bet.

The same principal applies for Round Robin Teasers.