If you are wondering what is a moneyline, in all sports, especially in major sports like Football and Basketball betting you are given the option to bet a point spread or a Moneyline bet. With moneylines, you wager which team is going to win. disregarding the point spread.

Moneyline Example:

Orlando Magic -280

Houston Rockets +240

Props and Futures Bets

Prop bets (short for proposition bets) are wagers placed on specific events or outcomes within a game, but they are not directly related to the final result of the game. Props can focus on individual player performances, team achievements, or even random events that occur during the game.

Two or more teams or totals can be combined to make one wager. Circled games cannot be parlayed. Proposition plays, and future bets cannot be parlayed.

You may estimate Parlay Payoffs by the following steps (example provided):

Let's say you play the Pirates +150 and the Pirate game over 8 -120 in a two-team parlay and you bet $100. Use the following steps to determine your winnings.

Buying points allows you to improve your odds by reducing the spread, therefore allowing you to win when your team scores fewer points. Point buying is available for football and basketball on game sides and totals only.

You can buy up to 1.5 points on straight wagers and 1 point on parlays. Charge per ½ point is 10 cents, except on certain key numbers.

Buying Points in Football:

  • You can buy on 7 with a surcharge of 25 cents, and you can buy off 7 with a surcharge of 30 cents.
  • You cannot buy on or off the number 3.

What is a Straight Bet? Straight bets are made when you choose a team and the point spread. The cost of the bet is 10/11 or $110 to win $100.

Example:

Toronto Raptors +6

Chicago Bulls -6

  1. Payout requests are accepted Monday through Friday.
  2. Deposits made with Visa Card are subject to a 10 business day hold and documents including a signed authorization form, a copy of a valid photo ID, and copies of the front and back of the credit or debit card will be required. Contact customer service for further details at 1.877.717.7747.
  3. Withdrawals will only be processed in the name of the account holder, in the event that a client cannot receive the funds in his/her name a written signed authorization must be received with the name of the person to

BetPhoenix Sportsbook values and respects the privacy of its visitors and members. The purpose of this policy is to inform you of the way in which we deal with the information provided by you that enables us to effectively manage your relationship with BetPhoenix. Please read this carefully before you provide us with any personal information.

Children's Protection

BetPhoenix does not market to children under the age of 18. And its use is prohibited to anyone under the age of 18.

Subscribe to