Sportsbook Rules

Sportsbook Rules 5,8/10 5409 votes

See full terms at sportsbook.fanduel.com. Gambling problem? Call 1-800-GAMBLER, in WV visit www.1800gambler.net, in Indiana call 1-800-9-WITH-IT, in CO call 1-800-522-4700, or if in TN call. All rules and regulations are subject to revision by MyBookie without prior written notice to MyBookie members.; MyBookie management reserves the right to refuse or limit any bet, or to restrict betting on any event at any time without advance notice. A copy of these House Rules and any changes will be available at the Race & Sports Book at all times. All games, events, fights, or contests on which wagers may be placed at the Race & Sports Book (collectively, “Events” and each an “Event”) are subject to all applicable federal, state, and local. Sportsbook is your source for the best in sports betting entertainment. You'll find the widest variety of bets and odds in every sport imaginable including Major League Baseball, soccer, CFL football betting. A copy of these House Rules and any changes will be available at the Race & Sports Book at all times. All games, events, fights, or contests on which wagers may be placed at the Race & Sports Book.

Point Spread:
The point spread is the number of points that the favored team is expected to win by. For example, say the New York Knicks are favored to beat the LA Clippers by a point spread of 7. That means that if you pick the Knicks to win, they have to win by more than 7 points for you to win your bet. If they win by fewer than 7 points or lose the game, you lose your bet. If they win by exactly 7 points (the point spread), the result is a push or tie. That means that you don't win or lose, your original bet is refunded.
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Money Lines:
The difference between a pointspread bet and a moneyline bet is that there are no points involved. Instead, money odds are wagered on the favorite or underdog. There is a different moneyline total for either side on a money line bet, a negative side (the favorite) and a positive side (the underdog): Dallas -170 Washington +150 What this means is that Dallas is the favorite and for every $17 you bet on Dallas, you win $10 if they win. For every $10 you bet on Washington, the underdog, you win $15 if they win. By offering different odds for each team the sportsbook is able to balance action on both teams.

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Straight Bets:
A straight bet is the most common bet, where you pick a single side to win. A wager on one event whose outcome for wagering purposes shall be determined by a point spread or money odds. All straight and Total bets are 10/11 unless otherwise noted at the time of the wager.

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Totals (over/under):
A total wager is a bet on the number of points scored in the game by both teams combined. You can bet on whether the actual number of total points scored is over or under the line posted. The total points scored includes points scored in overtime. You can also bet whether the combined number of points or goals scored by the two teams in the game will be over or under the total set by the oddsmaker. For example, if the total is 32 and you believe that the combined points scored by the two teams will exceed that number, you would bet over 32.

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Parlays:
A parlay bet is a single wager involving multiple propositions. Two or more straight wagers can be tied together to form one wager. The bettor must chose the winner of each proposition in order to win the parlay. Payout odds increase as the number of included propositions increases. All teams must win by the listed point spread.

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Teasers: (Football and Basketball and Sides and Totals Only)
A teaser, like a parlay, involves multiple propositions. When betting a teaser additional points are either added to the underdog or subtracted from the favorite. Odds are changed in accordance to the number of points the spread is moved and the number of teams combined to form the teaser.

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If Bets:
If the first game wins, ties cancels or is suspended, etc., you have action on the remaining team or teams. An IF bet is a combination of 2 - 6 teams.

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Reverse Bets:
A reverse is a series of IF bets going both forward and in 'reverse' order.
Each team included in the Reverse will pair with another team to form two IF bets, one with that team first and another with that team as the second team in the IF.
Each bet in the reverse is an individual straight wager for the full amount of the reverse. Note: Each bet is for the same amount.
WIN REVERSE
IF win only (single action) .
ACTION REVERSE
IF win/tie/cancel (double action) condition.
Why use this bet
A reverse offers the advantage of a large payout without the risk of losing the bet if one team loses. For example, if you place a 3-team reverse for $110 your total risk will be $660. If all 3 teams win you win $1200 and if only 2 teams win you still win $160. This last example is under the assumption that all money lines were -110.
Reverse Rules:
- The Rules of IF bets apply
- The bet amount chosen for the Reverse is the same amount for each IF bet in the reverse (you risk the same amount for each IF bet created in the Reverse)
- The maximum win is determined by adding up the individual win amounts of each bet included in the reverse
- Number of selections allowed 3.
- You may buy points on each selection in the reverse up to a maximum of 2 points

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Props:
A proposition bet is a bet offered with conditions and odds determined by an oddsmaker. These bets are usually exotic bets like which quarterback will complete the most touchdown passes, which team will score the last points in a game, or which will complete the longest field goal. Odds change daily and all wagers are considered action at the odds quoted at the time of the wager.

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Futures:
Futures are a single wager on the outcome of an event that will be determined sometime in the future. For example, picking the winner of the NFL championship, the Stanley Cup, or the World Series.

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Buy Points:
Buy Points means that you can move the pointspread so that you give away less points with the favorite or get more points with the underdog, for both football and basketball.

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Round Robins:
Three (3) or more teams selected to make up a series of parlays. A Round Robin is a series of parlay-type wagers built from all possible groups of the specified round robin group size. The selections can be any combination of sides, over/unders, money lines, run lines, or puck lines.

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Winners and Losers are Official After...
Football (College-Pro).............. 55 minutes of Play
Basketball (Pro)...................... 43 minutes of Play
Basketball (College)................ 35 minutes of Play
Hockey (Pro).......................... 55 minutes of Play
Golf ...................................... 54 holes of Play

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BASEBALL
Baseball tickets will be marked as follows
The wagering on baseball is done by laying or taking money odds.
The minus (-) indicates the favorite
The plus (+) indicates the underdog

Example:

White Sox

+1.50

Indians

-1.60

Player would lay $160 to win $100 or $16 to win $10 on the Indians. Player wagers $100 or $10 to win $15o win $15 on the White Sox.
On money odds whenever there is a minus (-) you lay that amount to win a dollar, where there is a plus (+) you get that amount for every dollar wagered.
BASEBALL WAGERS WILL BE ACCEPTED IN THE FOLLOWING MANNER:
- ACTION. (any starting pitcher) Player is betting team vs. team regardless of starting pitchers.
- LISTED PITCHERS. (both specified pitchers) Wager is active only if the originally scheduled pitchers start the game and throws at least one pitch. IF STARTING PITCHERS ARE NOT EXACTLY AS LISTED ON WAGERING DISPLAY BOARD, AND/OR YOUR TICKET, YOUR WAGER WILL BE DEEMED 'NO ACTION'.

- TOTALS AND RUNLINES ARE ALWAYS LISTED PITCHERS.

- First halves baseball sides and totals are always listed pitchers
- SELECTION. (your teams selected pitcher) Player is wagering on his selected team and his team's originally scheduled pitcher, regardless of the pitcher for the opposing team.
- OPPOSING. (opposite teams selected pitcher) Player is wagering on his selected team regardless of his team's starting pitcher, as long as the originally scheduled pitcher starts the game for the opposing team.

BASEBALL WAGERING RULES

  • Winners and losers are official after 5 innings of play. If the home team is leading, the game is official after 4 1/2 innings.

  • 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 takes 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). Money will be refunded if the home team ties the game and it is then suspended.

  • When wagering on game totals and runlines the game must go 9 innings (8 1/2 if the home team is ahead) to have action.

  • A pitcher is deemed a starting pitcher after throwing one pitch. The listed pitchers must start or there is 'no action'. Wagers on game totals and runlines will be refunded if a pitcher change occurs prior to both listed pitchers throwing at least one pitch.

  • Rules for Run Line wagers are the same as those for baseball totals.

  • If a game goes past nine full innings and is not completed (I.E. suspended, curfew, rain delay, etc) there will be action on total and runline wagers.

  • Teams must play for there to be action, all wagers included, all leagues included.

  • Events will not carry over to the following day (unless otherwise specified).

  • When betting on 'mega runs,' all games that are covered must be declared official for action. Action continues on mega run bets regardless of starting pitchers.

  • Las Vegas Rules apply for any rules not mentioned here.

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FOOTBALL/BASKETBALL
On straight bets, players lay $11 for every $10 player wishes to win.

Example:

Bears

41

Cowboys

-3

The Cowboys are a 3 point favorite. Player would lay $110 to win $100 or $550 to win $500, on either team.
The point spread is always given with a negative number on the favorite and a positive number on the underdog. If a player wagers on the favorite, that team must win by more than the amount of the point spread. On all straight bets (except Parlays), if the favorite wins by the exact point spread the wager is a Push or 'No Action.'


The number to the right of the Bears is the total (over/under) number. Players can wager that the combined score of both teams will be either over or under this number. Overtime scores are counted in the score.
FOOTBALL WAGERING RULES

  • Games lasting under 55 minutes constitute'No Action' or 'Push/Cancel' and all money is refunded.

  • Wagering on the game period spread, moneyline, or total (over/under) include any overtime scoring.

  • Half-time (2nd Half) wagering includes any overtime scores. Fourth Quarter wagering does NOT include overtime scores.

  • When wagering action points on totals in college football, overtime is NOT included.

  • NFL rules and regulations will apply to CFL unless otherwise stated.

  • Las Vegas Rules apply for any rules not mentioned here.

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BASKETBALL WAGERING RULES

  • Games lasting under official time constitute'No Action' or 'Push/Cancel' and all money is refunded.

  • Wagering on the game period spread, moneyline, or total (over/under) include any overtime scoring.

  • Half-time (2nd Half) wagering includes any overtime scores. Fourth Quarter wagering does NOT include overtime scores.

  • Las Vegas Rules apply for any rules not mentioned here.

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Sportsbook

COLLEGE FOOTBALL OVERTIME PROCEDURE
College Football overtimes commence with a 1st & 10 play at the opponents 25-yard line. The offensive team keeps possession until they score, commit a turnover, or fail to convert on 4th down. Overtime continues until the score is no longer tied and each team has had an equal number of possessions.
ALL WAGERS ON THE SIDE & TOTAL WILL INCLUDE ALL OVERTIME SCORING.
For wagering purposes, unless otherwise stipulated, Professional and College Football is considered official after 55 minutes of regulation play or at the completion of overtime period(s).
Games are graded as soon as the game goes final and is deemed official.
Futures, such as Divisional winners, will be graded as soon as the season or tournament is over.

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BOXING (Pro, College, and Amateur)
When bell is sounded signifying the start of the opening round, the bout is considered official for wagering purposes. If the bout is officially stopped prior to the bell, that round is not considered a full round.
Wagering on boxing is done by laying or taking money odds.
The minus (-) indicates the favorite
The plus (+) indicates the underdog

Example:

Evander Holyfield

+1.70

Mike Tyson

-2.00

Player must lay $200 to win $100 or $20 to win $10 on Tyson who is a 2 to 1 favorite.
Player would wager $100 to win $170 or $10 to win $17 to win on Holyfield.
In the event of a draw, money on the fight itself will be refunded. However, specific fight propositions must come as stated, such as a draw, either fighter by knockout or decision, or a specific round knockout, etc.
Round propositions will be governed by the rules posted on our wagering sheets or as stated at the time of the wager.
In the event that either fighters do not make the required weight but the fight goes on, the following stipulations apply: When the bell sounds for the first round, the bout will be considered official, regardless of the scheduled length or title.
The bout must have the original scheduled length to have action on a rounds proposition.

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HOCKEY
Wagering on hockey is done by laying or taking money odds.
The minus (-) indicates the favorite
The plus (+) indicates the underdog

Example:

Bruins

+0.5 1.20

Flyers

-0.5 -1.40

Player would lay ½ goal and $140 to win $100 on the Flyers. Player would wager $100 and get the ½ goal to win $120 on the Bruins.
HOCKEY WAGERING RULES

Fanduel Sportsbook Rules And Regulations

  • Games lasting under official time constitute'No Action' or 'Push/Cancel' and all money is refunded.

  • Games must take place on the site and date scheduled. (unless otherwise specified)

  • Overtime scores are included on all game period wagers. Third Period wagering does NOT include overtime scores.

  • Las Vegas Rules apply for any rules not mentioned here.

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HORSES WAGERING RULES

  • A time stamp will be placed on all wagers.

  • Any horse wagers placed after the official star time will be graded as N/A (no action).

  • Track Odds will be paid on winning horses up to the maximum house payout limits.

  • Exotic wagers will only be paid in cases where the particular track offers this type of bet. If an exotic wager is placed on a race that does not offer it, the wager will be refunded.

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OTHER SPORTS
All other contests that involve a scheduled length of play or time limit must play to their conclusion or have five minutes or less of the scheduled playing time remaining when the contest concludes to be considered official for wagering purposes.

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PAYOFFS
Straight Bets
All Straight and Total bets pay 10/11 unless otherwise specified.
Parlays:


In case of 'No Action' or a 'Tie,' Parlay is reduced to the next lowest number of plays. Two team parlays become a straight bet at 11/10.

$100 would pay $90.91

$50 would pay $45.45

COMBINATION BASEBALL PAYOFFS
Because of the money line used in baseball, there are no set payoffs for tying a number of teams together in parlays.
Payoffs are determined by a simple formula that changes the
money line into a decimal number and combines it with the other lines in the parlay. The first step is to change the money line into a decimal.

HOW TO FIGURE BASEBALL PARLAYS
For each PRICE or ODDS quote on your teams, look at their respective PAYOFFS (to $1) and always ADD $1 to these payoffs.
Multiply your BET times the products of these payoffs (+$1) for your parlay return.

EXAMPLE:

Bet $50 on Cardinals (-150) parlayed to Tigers (-130)

BET CARDINALS TIGERS RETURN

(-150) (-130)

$50 X 1.67 X 1.77 = $147.80

RETURN INCLUDES THE $50 BET

USE THE SAME METHOD FOR ANY NUMBER OF TEAMS

EXAMPLE:

Bet $75 on Cubs (+120) to Reds (-135) to Mets (EVEN) for 3 team parlay

BET CUBS REDS METS RETURN

(+120) (-135) (EV)

$75 X 2.20 X 1.74 X 2.00 = $574.20

(1.00 + 1.20) (1.00 + .74) (1.00 + 1.00)

RETURN INCLUDES THE $75 BET

REMEMBER TO ALWAYS ADD $1 TO PAYOFF PRICE TO FIGURE ALL PARLAYS.
Note: In the case that there might be two exact teams showing with two different lines you may not parlay the teams together. If you do your parlay is null and void. No exceptions!

Football Teasers

6 Points

6½ Point

7 Point

2 Teams

10/11

5/6

10/13

3 Teams

9/5

8/5

7/5

4 Teams

5/2

2/1

9/5

5 Teams

4/1

7/2

3/1

6 Teams

6/1

5/1

4/1

Basketball Teasers

4 Points

4½ Point

5 Point

2 Teams

10/11

5/6

10/13

3 Teams

8/5

7/5

6/5

4 Teams

5/2

2/1

9/5

5 Teams

4/1

7/2

3/1

6 Teams

6/1

5/1

4/1

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 wager shall constitute a 'Losing' wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket.

1. All tournaments will be accessed via the tournament lobby.

2. All the features, details and prizes of each tournament will be posted in the tournament lobby.

3. All tournaments will begin promptly at the scheduled time stated in the Tournament Lobby.

4. Tournament seats are available on a first come first serve basis for the first 2500 users. All players are seated randomly at the beginning of all tournaments. The tournament starts with the 'dealer button' positioned at seat 1 (Hold’em & Omaha). Players cannot change seats during a tournament. A player will change seat only when moved from a table to another table during a multi-table tournament.

5. The tournament is played until one player accumulates all the chips in play. Players may not acquire additional chips beyond the original Buy-in unless there are Re-buys and Add-ons. When a player loses all their chips they are declared out of the tournament and finish in the order they were eliminated. If the tournament is a satellite event, the tournament will end when all players have qualified for the target event regardless of the chip count.

6. If more than one player is eliminated in a hand, the player with more chips at the beginning of the hand is placed higher. In an instance where 2 players started the hands with an identical chip count, ranks and prizes are awarded from the button and around the table.

7. If there is a split pot, not equally divisible by the number of player in the hand the extra chip(s) will be awarded to the player closest to the left of the “button”.

Sportsbook

8. In Texas Hold’em or Omaha poker tournaments when the small or big blind is eliminated from a tourney, the blinds must be slightly re-positioned to account for the eliminated player. The rules pertaining to this event are referred to as the Dead Button rule. Our Poker uses this format to be fair and to ensure that all players post their appropriate blinds without giving any advantage to one player over another. Due to this randomness, all players will have an equal opportunity to benefit from this scenario. When two players remain or in a Heads-up tournament, the button will post the small blind, and act first on the opening round.

Bovada Sportsbook Rules

9. Disconnects:

  • The Internet makes playing poker online possible, but it can also cause issues. A player accepts the risk of Internet disconnection (please see disconnect policy for full details), due to the problems with the connection between their computer and the servers. Other issues, including a connection slowdown or some other problem in the player's computer may also arise. Our Poker does not accept any responsibility for a player disconnect except in the case of a Poker server interruption.
  • While each user is responsible for his or her own Internet connection, our Poker makes every effort to protect players who are disconnected during the final stages of a tournament, by allowing Extra Time to reconnect.
  • If a player times out during a hand, whether connected or disconnected, his or her hand will be folded unless the check option is available to them, at which point the player will auto check.
  • If a player is not connected before a hand starts, he or she will be dealt cards, and a blind and/or antes will be posted automatically. Players can choose to sit out on there own, there is no penalty.

10. Poker is a game of integrity and etiquette. Each player should play with the same intensity against all other players. Unethical play, such as soft-play and chip dumping, may result in penalties, including seizure of funds from the offender’s account and/or forfeiture of any prizes and/or termination of the account.

11. Each betting round consists of a bet and up to three raises. There is no raise cap in pot-limit and no-limit tournaments.

12. Level Structure: To ensure tournaments are completed within a reasonable amount of time, the blinds/antes increase during a tournament. When such increase takes place it is called a level. The level structure for a tournament can be found in the tournament lobby.

13. There will be a 5 minute break every hour in a standard multi-table tournament. There are no breaks during single-table tournaments.

14. Our Poker will not assist in any deals among players during tournaments. Tournaments will continue until there is one declared winner, unless it is a satellite event, and the payoffs will be exactly according to the prize payout structure.

15. Extra time: Each player is given Extra Time, beside the normal time, to make a decision during a tournament. That Extra Time is limited and displays as a clock when activated. It decreases as it is being used and stops once a player acts. Extra Time will automatically be activated if a player has an active connection to the game, has money in the pot and does not act in time.

16. As players are eliminated from the tournament, the software will balance tables in an attempt to ensure that all tables have an equal number of active players. The balancing of tables is done randomly and, although rare, may result in a player having to post several big blinds in a row. When 10 players remain in a Hold’em or Omaha tournament or eight players remain in a Seven Card Stud tournament, all players are brought together at the 'final table'.

17. In the event of a server crash, the hands in progress at every table will be restored by rolling back these hands. Each player’s chip count will be reset to the amount at the beginning of the hand. In special circumstances, when a tournament needs to be cancelled because of a crash or some other reason, players will be compensated according to our Poker’s tournament cancellation policy.

18. Our Poker reserves the right to cancel or reschedule tournaments at any time, for any reason, with or without notice.

5dimes Sportsbook Rules

19. Tournament registration must meet minimum requirements for that event or the tournament will be cancelled. In the event of a tournament cancellation due to an insufficient number of entrants all buy-ins and entry fees will be returned to player’s accounts.

Caesars Sportsbook Rules

20. The prize pool payouts for all poker tournaments will adhere to the Poker payout schedule.

21. Players, whether in the hand or not, may not discuss the hands until the action is complete. Players are obligated to protect the other players in the tournament at all times. Discussing cards discarded or hand possibilities are not allowed. A penalty may be given for discussion of hands during the play.

22. Late Registration: Late registration conditions may vary for each tournament. We recommend that you review the late registration rules listed in the poker lobby of each tournament. Some conditions that may cause late registration to end include: the time allowed for the late registration period has ended, the first player has received a prize payout and/or the number of available seats in the tournament has been exhausted.

Mgm Sportsbook Rules

23. Un-registration: In most tournaments a player can un register until ten minutes prior to the start of the event. Players who have won their seats through a satellite can unregister when the tournament is in 'Registering' state and will be credited with a Ticket. The Tournament Ticket will appear under the Player's ‘Tournament Coupons’ section, located in the Games tab (at the top of the poker program), and is available for use for the same tournament at another scheduled time.

24. Any player found to be playing multiple accounts during any tournament will have their account closed and will forfeit any winnings that are found to be a result of these actions.

25. In the final stages of a tournament the prize money can jump significantly with each player eliminated. In these instances where there is more than one table remaining the tournament may be played 'hand-for-hand'.
This means that if one table finishes its hand before the other table(s), that table waits for the other table(s) to finish before the next hand is dealt. During this hand-for-hand period, all bust outs during a 'synchronized' hand (even at different tables) are treated as having happened on the same hand and chip stacks will be compared as in rule 6 above to determine the finishing order.

26. All tournament coupons will expire in 90 days from the time that they are issued.

27. Player Points are used as a promotional tool to track promotions and clear bonuses. There is no dollar value associated with Player Points. These points will be zeroed at the end of each month. The Player's Club members will have until March 7th, 2015 to redeem VIP Points.

Sportsbook Rules On Ties

28. Our Poker management decision will be final in all cases of disputes.

29. The terms and conditions are subject to change without notice.