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PlayNow Sports and Proline offer a range of betting options on all sorts of sporting outcomes. Here are common markets and what they mean:

  • Money Line –  In a moneyline bet, you simple bet on which team will win. It doesn’t matter what the final score is, only who wins. The more likely a team is to win, the lower the moneyline odds.
  • Point Spread – If you bet on the point spread, you’re betting that the result is going to happen by a certain amount. If you pick the favourite, it’s not enough that they win – they must win by more than the set number of points. If you pick the underdog, they don’t have to win for the bet to be successful, they have to lose by less than the number.
  • Totals (Over/Under) – With totals you aren’t picking a specific team, instead you are wagering on the total points scored by both teams combined. The sportsbook will predict a number for each game, period or half. You will be betting on whether the combined sore is over or under that total.

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  • Single Bet – This is a bet on a single game or event.
  • Parlay - This is a bet that combines multiple bets from different events.
  • Same Game Parlay (SGP) – This is a bet that combines multiple bets from the same event.
  • Live Bet - This is a bet made after the event has started and while it is still going on. The odds change continuously based on how the game is unfolding.

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Reading a betting line is a key component to understanding what you’re betting on. Each betting option has odds associated with it. This tells you which bet is more likely to win, and what the payout could be if it does.

Decimal odds show the amount that your wager will be multiplied if you win. Here’s an example:

An example of decimal odds.

 

Here Kansas City is the favourite and a $10 wager is placed on them to win. The odds (1.36) x Your bet ($10) = Your payout ($13.60) Note: Your wager is included in the calculation, so in the above example your profit would be $3.60.

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Decide how much money you’re going to bet with and how much money you are comfortable losing. If you lose it, it’s gone and you’re done. Don’t try to win it back.

Use Your GameSense

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PLAY FOR FUN, NOT TO MAKE MONEY

If you gamble, the result is never certain and losing is always a possibility. So, look at gambling as entertainment, like catching a concert or a movie, not a source of income.

KNOW HOW THE GAMES WORK

The more you know about the games and the odds of winning, the better equipped you are to make informed decisions before and while you play.

SET A BUDGET AND STICK TO IT

Keeping it fun means playing within your means. When you set and stick to a budget, you only spend the money you can afford to lose.

SKILL VS CHANCE

Sports knowledge can provide helpful guidance on which potential outcomes are more or less likely to happen. However, don’t be fooled, chance still plays a part. No matter how skilled you might be, you still can’t control all of the factors. Hope to win but expect to lose.

DON’T CHASE LOSSES

Accept them as the cost of entertainment. Chances are the more you play, the more money you’ll lose. Chasing losses almost always leads to bigger losses.

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