Point Bets

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Point Spread Basics

If there is a plus next to the team you selected - add those points to the final score for your team.

If there is a minus next to the team you selected - subtract those points from the final score for your team.

A point spread is a bet on the margin of victory in a game. The stronger team or player will be favored by a certain number of points, depending on the perceived gap in ability between the two teams. A minus sign (-) means that team is the favorite. A plus sign (+) means that team is the underdog. PointsBet is currently only available in New Jersey, Iowa, Indiana, Illinois, Colorado and Michigan. If you’re in another state, you can still view our odds and bet types. Most sports betting sites allow you to buy half-points from a point spread for $0.10. Let’s say the Minnesota Vikings are -110 to cover a -5 point spread against the Pittsburgh Steelers.

ASK for a QUICK PICK

Not sure what selections to play? Just ask your Retailer for a full or partial quick pick. Quick pick is available for all selections or for teams only. The Lottery will generate a ticket with random selections.


FOR ALL PARLAY CARD CHANGES/UPDATES, PLEASE VISIT A SPORTS RETAILER OR CASINO SPORTSBOOK.

Wagers

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  • Totals (Over/Under) Wager (Pro Only)
    The Total is the combined amount of points scored by both teams during the game, including overtime.A player may wager Over or Under the total. In an Over wager, the player wagers that the total combined points scored by the two teams will be more than the total. In an Under wager, the player bets that the total points scored by the two teams will be less than the total. There will be no totals during the preseason. The Half-Point, Teaser and Super Teaser Parlay Cards will carry all totals. The $100,000 Parlay Card will have select totals on occasion. There is not a Totals-Only Card.
  • Early Bird Card (Pro Only)
    To play Early Bird Cards, refer to the designated separate sheet for teams and point spreads. A new sheet is available each Monday and Tuesday. Download the most current sheet.
  • Half-Point Parlay Card
    The Half-Point Parlay Card is the most popular type of card in Las Vegas and will offer payoffs ranging from 6.5 for 1 on a 3-selection parlay to 2,500 for 1 on a 12-selection parlay. All point spreads use half points, eliminating the possibility of a tie.
  • Teaser Card
    On a Teaser Card, the point spreads differ from those on the Half-Point Card. The favored teams have to cover fewer points in order to be winning selections. The underdog teams receive more points. The payoffs on the Teaser Card are lower than they are on the Half-Point Card because of the advantage the player gets on the point spread. On a Teaser Card, players may parlay from 3 to 20 selections (since the point spreads have been adjusted, wagering is available on both sides of a game) and receive payoffs ranging from 12 for 5 to 1,000 for 1. All point spreads use half points, eliminating the possibility of a tie.
  • Super Teaser Card
    On the Super Teaser card, the point spreads are adjusted even more than with the Teaser card. The favored teams must cover even fewer points in order to be winning selections. The underdog teams receive more points, The payoffs on the Super Teaser card are lower than they are on the Teaser cards because of the additional advantage the player gets on the point spread. On a Super Teaser card, players may parlay from 4 to 20 selections and receive payoffs ranging from 11 for 5 to 80 for 1. All point spreads use half points, eliminating the possibility of a tie. Players may bet on both sides.
  • Reverse Teaser Card (Pro Only)
    On the Reverse Teaser card, the point spreads are adjusted so the favored teams must cover a larger point spread and underdog teams must cover a point spread that is smaller, and, in some cases, even minus points. In some cases, both teams in a game may be minus points and you may not bet both teams in that game. Because of these point-spread adjustments, the payoffs are much higher than those found on the other Teaser cards. On a Reverse Teaser card, players may parlay from 3 to 8 selections and receive payoffs ranging from 20 for 1 to 5,000 for 1. All point spreads use half points, eliminating the possibility of a tie.
  • $100,000 Parlay Card (Pro Only)
    Players wager $5 and select 15 games against the point spread. If a player correctly picks 15 out of 15 games, he wins $100,000. If there is more than 1 winning ticket, the $100,000 prize is divided equally among the winning tickets. The $100,000 Parlay Card will have a few select Totals (Over/Under) Wagers upon occasion.

  • Football Futures:

    No card required. This wager is offered for the entire current season. To place a bet, the player simply selects a team. The odds fluctuate during the season, but are locked in at the time the wager is placed. Note: The Delaware Lottery reserves the right to refuse any wager/multiple cards or delete or limit any selection(s) prior to acceptance of any wager.

Additional wagers:

  • Off-the-Board Parlays
    In Off-the-Board Parlays, the point spreads may fluctuate from the opening line. Players can parlay from three to eight teams and receive payoffs ranging from 11 to 2 to 160 to 1. There is a $5 minimum bet on Off-the-Board Parlays.

  • Off-the-Board Teasers
    The players can select 6, 6 1/2, 7, 10 and 14-point Teasers. A Teaser allows the player to add extra points to an underdog’s point spread or subtract points on a favored team.

  • Halftime Wagers
    A halftime wager, for betting purposes, resets the score of a game at 0-0 at halftime of a game. For example, if the Green Bay Packers lead the San Francisco 49ers at halftime by a score of 14-10 and you wager on the Packers -3 1⁄2 points in the second half, the Packers must win the game by eight points or more to cover the spread. Halftime wagers also include any overtime periods that are played.

  • Off-the-Board Odds

    Delaware Lottery Sportsbook and Sports Lottery Retailer Wagering Rules apply to parlay cards unless otherwise stipulated on the cards. The Delaware Lottery reserves the right to add, delete, or change its Wagering Rules and/or payoff odds at any time.

Note : Wagers are not available for Delaware based teams.

Points Betting is a unique sports betting option available only at PointsBet Sportsbook (currently in New Jersey and Iowa). This kind of point spread wager is based on the margin of victory or loss and can be very volatile, depending on how much risk a bettor wants to take on a game.

Betsie

During the first week of the 2019 NFL season, one bettor decided to take a massive leap into Points Betting. One massive bet on the Ravens gave a lot of exposure to this relatively new form of point spread betting.

🚨BIG POINTSBETTING BET ALERT🚨

A client has placed a PointsBetting wager of $30,000 per point for the Ravens (-6) v. the Dolphins on Sunday! ⬇️

-Max Win/Loss: $600,000 👀 pic.twitter.com/akPHG3Xcvt

— PointsBet Sportsbook (@PointsBetUSA) September 6, 2019

This Points Betting wager was for $30,000 per point on the Baltimore Ravens -6 at Miami Dolphins. Unlike a point spread wager, the margin of victory in the game dictates how much the bettor wins or loses. The size of the win in this bet depended on the final score of the game. The Ravens covered and defeated the Dolphins 59-10.

Points Bet Careers

The risk in this wager was capped at $600,000 for the bettor and PointsBet. Thanks to the unique wager and 49 point margin of victory, the bettor won $600,000. If this was a traditional -110 wager the bettor would have won $27,272.73. At the same time, this bettor could have also lost $600,000 if the result was reversed.

Points betting

Points Betting is a unique way to wager on sports that’s unique to PointsBet Sportsbook. Betting on point spreads with a -110 moneyline isn’t for everyone. The traditional wager can seem boring since there’s a fixed win or loss. Every point or yard in a football game could change how much is won or lost.

A Points Betting wager allows a bettor to win or lose based on the outcome of the wager. The excitement of not knowing the potential amount of a win (or loss) can be exhilarating. Whether the wager is based on a point spread, total, or player prop, the wager isn’t known until the end of the game.

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Point spread points betting

Points Betting is different depending on the type of wager placed. Here’s how a point spread wager would differ depending on the final score:

  • If a wager wins by one (1) point, a bettor would win 1x the original wager.
  • If a wager wins by two (2) points, a bettor would win 2x the original wager.
  • When a wager wins by wins by 10 points, a bettor would win 10x the original wager.

The same Points Betting multiplier rules apply if the wager loses by those points. If a bettor is on the wrong side of the wager they will lose the same amount.

The Ravens game versus the Dolphins had different parameters since the maximum win or loss was set at $600,000. The bettor had a 20x limit on their $30,000 Points Betting wager. This game was the largest payout in the short history of PointsBet operating in the US.

Points betting other markets

Points Bet offers more wagering markets than many US sportsbooks. Including alternative game odds and player props, there are often more than 200 ways to wager on games at PointsBet. There are also Points Betting options for player or game prop bets.

This is where Points betting really becomes a wagering opportunity that’s different from any other sportsbook. Here are some examples of individual Points Betting opportunities for football games:

Point Betsie Mwr

  • Receiving yards: How many yards will Antonio Brown have versus the Dolphins?
  • Fantasy Points: How many points will Odell Beckham Jr. score versus the Jets?
  • Rushing yards: How many yards will Ezekiel Elliott have against the Redskins?

PointsBet will set a number and the person making the Points Bet will choose how much to risk above or below. The win or loss will be determined based on the final results of each player.

Point Betsie Mi

Points betting market limits

Match Point Bets

Points Betting wagers can get out of control quickly as noted in the Ravens game versus the Dolphins. All Points Betting markets have a cap on the maximum win and maximum loss. This is different for each type of Points Betting scenario and is displayed on the bet slip.

Point Betsie Coast Guard Cottage Rental

The limits allow bettors to see potential winnings or losses. Predicting sports outcomes isn’t easy or everyone would be a winner. Sometimes games have unexpected results. While a huge win is great, a huge loss can hurt a bettor beyond the wallet. The Points Betting market limits allow the bettor to see the potential loss and protect themselves by keeping a wager within budget.