General
Sportsbook Wagering
EZ
Sportsbook rules are built upon the principle of fair play. Unlike
casino betting, sports wagering is a game of skill. The challenge
is to gather and analyze as much information as possible, weigh
the probabilities, and subsequently compare your opinion to the
oddsmaker's. Make the correct judgment and you win.
Different
Types of Wagers
Straight
Bets: The team wagered on must win by the point spread
given at the time of the wager. For straight wagers, unless
otherwise indicated, the odds are $1.10 to win $1.00. Games
that tie are considered "no action" and money is re-deposited
back into your account. Due to changing events, the point
spread may fluctuate at any time.
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
so the total payout including the intial wager would be
$210.00. If Miami only wins by 7 points then the game is
considered "no action" and all money is returned to the
bettor. If the Miami wins by less than 7 points the wagers
is lost.
Sides Bets: The most basic wager is on a game’s outcome (also called betting the side). Point spreads (or run-line or puck-line) are used in an attempt to even the attractiveness of each team in a match-up. Sides bets involves a single individual wager on a team to cover the point spread. If the event ends up in a tie, the bet is considered a push, and your initial wager is returned to you in full.
Moneyline: Oddsmakers use the money line so that more money must be risked on the favorite or expected winner and less money on the underdog to balance the action on both sides. While money line gambling is an attractive option for football and basketball bettors who only care about picking a winner, it is the primary option for those bettors who enjoy wagering on MLB baseball and individual sports like hockey, boxing, tennis, golf and racing events such as NASCAR and F1.
Totals: Another bet across all major team sports including football, basketball, baseball, and hockey involves wagering on the amount of scoring in a game, called an Over/Under total. For example, the Over/Under total on Super Bowl XXXIX was 48, which means a bettor could wager whether there would be more or less than 48 points scored by both teams combined in the game.
The final score of Super Bowl XXXIX was 24-21; the scoring of both teams added up to 45, which means the game went Under. So Under bettors won, and Over bettors lost.
Futures: Betting sides and totals are the most common wagers available everywhere, but we offer future bets on big upcoming events like who will win next year’s Super Bowl and what movie will win Best Picture at the Academy Awards.
The main advantage of futures is that you can get appealing odds by betting far in advance. For example, with NFL futures you often can get much higher odds on a team by betting before the season even starts. A NFL future bet on a team to win the Super Bowl might be 20/1 in the preseason; but by mid season, their odds might decrease to 10/1 if they turn out to be legitimate championship contenders.
Proposition Bets (or Prop Bets): Proposition bets, also known as prop bets, focus upon the more exotic aspects of a game and are generally reserved for events that are widely televised. Prop bets are extremely popular when it comes to wagering on the Super Bowl in Las Vegas. The Imperial Palace Casino’s sportsbook is well-known for the enormous number of prop bets offered. For example, you can bet on:
What team will win the coin toss.
What player will score the game’s first touchdown.
What will be the exact margin of victory.
Parlay Bet: A parlay is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay bet is much better odds than placing each individual bet separately since the difficulty of hitting it is much higher.
| Teams |
Friday at Nickel Odds |
Regular Parlay Odds |
| 2 Teams |
2.8/1 |
13/5 |
| 3 Teams |
6.4/1 |
6/1 |
| 4 Teams |
13.5/1 |
10/1 |
| 5 Teams |
27/1 |
25/1 |
| 6 Teams |
54/1 |
40/1 |
| 7 Teams |
107/1 |
75/1 |
| 8 Teams |
210/1 |
150/1 |
| 9 Teams |
411/1 |
300/1 |
| 10 Teams |
804/1 |
700/1 |
| 11 Teams |
1,570/1 |
1,100/1 |
| 12 Teams |
3,066/1 |
1,800/1 |
Progressive Parlays: In 1997 we invented the Progressive Parlay three years ago and continues to dominate the competition in Payout Value. There are currently very few sportsbooks that offer Progressive Parlays and you will not find these anywhere in Las Vegas.
How does a Progressive Parlay work? In fact, it's quite simple. In exchange for not getting quite as big a payout for picking a perfect combination, you are getting insurance for those rare occasions when one or more or the teams in your parlay losses.
| Teams |
All Win |
1 Loss |
2 Losses |
3 Losses |
| 4 Teams |
5/1 |
1/1 |
-- |
-- |
| 5 Teams |
11/1 |
2/1 |
-- |
-- |
| 6 Teams |
20/1 |
7/2 |
-- |
-- |
| 7 Teams |
40/1 |
4/1 |
1/2 |
-- |
| 8 Teams |
75/1 |
10/1 |
2/1 |
-- |
| 9 Teams |
150/1 |
20/1 |
5/2 |
-- |
| 10 Teams |
250/1 |
25/1 |
3/1 |
1/1 |
| 11 Teams |
400/1 |
60/1 |
5/1 |
1/1 |
| 12 Teams |
900/1 |
80/1 |
10/1 |
3/1 |
Note: Progressive parlay odds are based on point spread wagering options only. The payout calculations are based on these odds. Progressive parlays are not available for MLB, NHL or money line wagers in football and basketball.
A push or a tie is considered a loss and a No-Actioned bet would revert to the next lowest progressive parlay.
Teasers:
A Teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your favor. The number of teams selected and the number of 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 a "No Action" and a "Loss" on a two team teaser shall constitute a "Losing" wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket. (Example: A tie on a three team becomes a two team teaser.)
An example of a teaser wagers is as follows. For our example, let us say you wish to choose three football teams: Denver -7, New York -3 and Chicago +15. The payout of the wager is dependant upon how many points you wish to receive. Let us choose a 3 team 7 point teaser. If we look at the chart below, this wager is listed as 10/12, which means we will win $10 for every $12 that we wager. The point spreads are adjusted as follows
- Denver -7 plus the adjusted seven points = Even
- New York -3 plus the adjusted seven points = +4
- Chicago +15 plus the adjusted seven points = +22
Therefore, if each and every one of the three teams wins against the adjusted spread, you win $12 for every $10 you wager.
EZSportsbook.com offers the Highest Teaser Payouts on the Internet!
| Basketball: |
4 Points |
4.5 Points |
5 Points |
| Football: |
6 Points |
6.5 Points |
7 Points |
| 2 Teams |
-110 |
-120 |
-130 |
| 3 Teams |
+180 |
+160 |
+140 |
| 4 Teams |
3/1 (+300) |
5/2 (+250) |
2/1 (+200) |
| 5 Teams |
4.5/1 |
4/1 |
3.5/1 |
| 6 Teams |
6/1 |
5.5/1 |
5/1 |
| 7 Teams |
10/1 |
9/1 |
8/1 |
| 8 Teams |
15/1 |
12/1 |
10/1 |
| 9 Teams |
20/1 |
15/1 |
12/1 |
| 10 Teams |
25/1 |
20/1 |
15/1 |
| 11 Teams |
35/1 |
25/1 |
20/1 |
| 12 Teams |
50/1 |
35/1 |
25/1 |
| 13 Teams |
75/1 |
50/1 |
35/1 |
| 14 Teams |
100/1 |
75/1 |
50/1 |
| 15 Teams |
150/1 |
100/1 |
75/1 |
3 Team 10 point Football and 7 Point Basketball Teasers Odds are 10/12 --Ties Lose
Buying Points: Buying Points allows you the ability to change the point spread of a football or basketball game. You can move the point spread so you get more points if you are betting the underdog or you give away less points if you are betting the favorite. For each half point that you change the point spread you need to pay an extra 10%.
So for example, if you are betting the Lakers -5 -110 (lay $110 to win $100), you can buy the Lakers a half point to -4.5 -120 (lay $120 to win $100). You can buy the Lakers a full point to -4 -130 (lay $130 to win $100).
Same theory is true for the underdog. If the Bulls are +4 -110, you buy the game to +4.5 -120 or +5 -130.
You can only buy a maximum of 3 points in Football and Basketball, both college and pro.
There are two special rules:
1. When buying on or off the number 3 in the Pro Football, there is a
premium cost of 25%, not 10%. So for example to move the Chargers from
-3 -110 to -2.5, the new line will be -2.5 -135 (lay $135 to win $100).
The same is true for the underdog, to buy Bears from +3 -110 to +3.5
will be -135 (lay $135 to win $110).
2. On half or reduced juice games or half or reduced juice days, there
are additional premium costs for buying points:
a. for 1-50 points on college football, there is a 5% additional
premium.
b. for buying on or off the number 7 on college football, the
premium is 25%.
c. for 1-25 points on professional football, there is a 5%
additional premium.
d. for buying on or off the number 3 or 7 on professional
football,
the premium is 25%.
In-Running Wagering: Allows you to bet on games while in-progress. Odds will be opened and posted on the site under "In Running" once the game starts. Odds are then posted periodically through the duration of the game.
You are wagering on the final result.
- Wagers on "In Running" are based on the final result of the entire game.
- The betting limit for the entire "event" will be $1,500. If you wish to make multiple wagers throughout the event, please make them in smaller increments that do not exceed $1,500 in total.
- In running odds close during the last 2 minutes of each Quarter.
- Please be sure to click on "Update Current Odds" before placing your wager to insure you have the most current changes.
- All wagers are on the final game outcome, including any shoot-outs or overtime periods.
- The game must be complete for bets to be considered action. If a game is cancelled or postponed premature to its originally intended length of play, then ALL bets for the event are NO ACTION.
Betting Limits: Minimum sports wager is $5 except on 10, 11 and 12 team parlays where the minimum wager is $1. Please call if you would like to place a wager greater than what is listed in the table below.
NFL LIMITS
- NFL up by Monday Limits $5500/5000 Side - $2200/2000 Total
- NFL ML up on Wednesday
- Football Challenge up on Wednesday
- NFL Halves up on Thursdays $550/$500 sides and $220/$200 totals
- NFL Day of the game Limits: $11000/10000 Side - $5500/5000 Total
- 1st half Day of the Game Limits $1100/$1000 side - $550/$500 totals
- 2nd half NFL Games $2200/$2000 sides - $1100/$1000 totals
NCAAF LIMITS
- Up on Monday afternoon, just side, limit $1100/$1000
- Tuesday we choose the juiceless game
- Day of the Game NCAA Limits up 3300/3000 sides
- NCAA Totals only on National TV Games up Thursday or day before the game $1100/$1000
- NCAAF halves up one day before of the game (just national televised games) $550/$500 sides and $220/$200
- 1st Half Day of the Game limits $1100/$1000 sides and Totals 550/500 TV Games only
- 2nd Half limits $1650/ $1500 sides and $550/$500 totals
- Added Games 1100/1000
- TV Added Games Side 1100/1000 and Totals 550/500
- TV Added Games Half Times Side 550/500 and Totals $ 550/500
NCAAB LIMITS
(effective Tuesday January 9th, 2007)
- Regular limits: $2200 sides and $1100 on totals
- First and Second Halves: $1100 sides and $550 totals
Online Betting Limits
| Football Sides & Totals |
$5,500 & $2,200 |
| Football Teasers and Parlays |
$2,000 |
| Basketball Sides & Totals |
$2,200 & $1,100 |
| Basketball Teasers and Parlays |
$1,000 |
| Baseball Sides & Totals |
$3000 & $1500 |
| Hockey Sides & Totals |
$2,200 & $1,100 |
| First Half and Second Half |
$1,100 |
| NFL Propositions |
$500 |
| Other Propositions & Futures |
$500 |
| European Football |
$1,100 |
Other considerations
- 2 Team Parlay limit for First and Second half football is $200.
- Minimum wager is $5 and minimum deposit is $20
- On 10, 11 and 12 team parlays, the minimum bet is $1
- Should a member feel that he would like to set his own betting limits per play, or prefer to exclude himself from using EZ Sportsbook for a specified period of time, please contact support@ezsportsbook.com
- During Playoffs, maximum betting limits are increased
General
Rules and Notices
Due
to the fact that transmission of data over the Internet is beyond
our control, some bets submitted may not be recorded correctly.
To properly confirm your bet, always check your 'Pending Wagers'
button. If the bet is not in your open history the bet has not
been recorded and your balance was not affected on anyway. We
only honor bets that are properly recorded in your Pending Wagers.
Recorded wagers on straight bets whose outcome for wagering purposes
is determined by a point spread or totals are paid at 10/11, unless
otherwise noted at the time of the wager. That is, a customer
lays $11 for every $10 player wishes to win. On straight bets,
if the favorite wins by the exact point spread the wager is a
push or "No Action". In totals, should the total score
match the exact total, the wager is a push or "No Action".
For complete rules and regulations, please Click
Here to see our full disclaimer.
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