BETTING ODDS

BETTING ODDS

Sports Betting FAQ’s

At Caliente Casino you can bet legally on all the sports you love, these are some of the most frequently asked questions about the Sports Betting we offer.

Online betting is only permitted within Mexico and the following link may not work properly outside Mexican territory – Please visit www.caliente.com.mx for information – Caliente Casino only operates Brick and mortar Casinos and Books in Mexico, this site is for informational purposes only, void where prohibited.

You can bet on any sport at Caliente Sports Books you are wagering with covers. At most books, this includes professional and college football and basketball, professional baseball, professional hockey, and horse and dog racing. Every now and then Sports Books will offer proposition bets on events like professional golf tournaments and the Indy 500 and the like, but not on a regular basis for other events in those sports.

The spread is a point advantage given to a weaker team that is expected to lose by X number of points. This is the odds makers way of making even bets possible for a Sports Book. Usually if you bet against the spread you make an 11-10 bet. This means that you win $10 if you bet $11 for a total of $21 if your team covers the spread.

A team covers the spread if it wins the game with the score modified by the spread. If Dallas and Washington are playing and the spread is (Dallas -7), then Dallas has to win by at least 8 points to cover. Half-point spreads are also possible.

Proposition bet. A prop bet is a bet the SB offers at odds and conditions of its choosing. Prop bets can be exotic bets like which team will score the most touchdowns, which team will shoot the most three pointers, which running back will rush for the most yards, etc. Most prop bets are offered at 11-10 odds, but some of the exotics will be offered at better or worse odds, depending on the bet.

Money Line Bets. A money line bet is a bet on the straight up total of an event or the odds for a straight up prop bet. There are two totals given for either side on a money line bet. A negative and a plus side.

 

Spread Bets. These are the standard bets to make. Basically a proposition bet at 11-10 odds where the conditions are you give or take points on the team you are betting on hoping that the modified total of your teams score beats the other teams straight score. Bets on the spread are often know as straight bets because they pay even money (minus the 10% vig).

 Over/Under Bets. These are also 11-10 bets on what the total of the game will be. If the total posted on a game is 39 1/2 points, then you can wager that the total score of both teams added together will be either over or under the posted total. Betting the over is known as “betting on the ball”, betting under is known as “betting on the clock”.

 Parlays. A parlay bet is betting on the outcome of two or more events, and getting higher odds than betting on the outcome of both events. The drawback is that the odds aren’t right and that you must win all of the events to win the parlay.

The more events parlayed the worse the odds shift in the casinos advantage. The advantage for the player for parlays lies in the fact that he can bet more on the same game (spread and over/under) and he can bet more on two teams who are playing at the same time.

In order to be competitive, some casinos offer ties-win parlay cards. This greatly helps the player.

Teasers. A teaser bet is a bet where you can move the spread by a set amount, but have to pay to do it. You must bet at least two teams like a parlay and win both. You can move the spread by on all the games by the set amount.

 Buying a half point. You can shift the spread a half point in your favor by laying 6-5 odds instead of the standard 11-10. This is called buying a half point. You usually want to stay away from this bet except on three point spreads on football games. This is also know as “buying the hook”.

  1. State the race you want to wager on.
  2. State the monetary amount of your wager.
  3. State the type of wager you would like to make. (Win, Quiniela, Trifecta, etc.)
  4. State the program number(s) of the Greyhound(s) on which you would like to wager.

WIN- Your greyhound must finish first.  You collect the win payout. $2.00 minimum.

PLACE- Your greyhound must finish first or second.  You collect the place price. $2.00 minimum.

SHOW- Your greyhound must finish first, second, or third.  You collect the show price.  $2.00 minimum.

DAILY DOUBLE- You must select the winning greyhound in race one and race two.  Daily Double wagers must be made prior to the running of the first race of each performance.  $2.00 minimum.

QUINIELA- You must select the two greyhounds finish first and second in any order.  $2.00 minimum.

QUINIELA BOX- You must select three (or more) greyhounds you think have the best chance of finishing first and second.  If two of your runners finish first and second in either order, you collect the Quiniela payout.  Total costs based on a $2.00 wager.

QUINIELA WHEEL- You must select the greyhound you think has the best chance of finishing first or second.  Then, you must tell the clerk to Quiniela Wheel that greyhound (with all the other greyhounds).  If your greyhound finishes first or second regardless of any other finisher, you collect the Quiniela payout.  Based on a $2.00 wager the Quiniela Wheel will cost $14.00

EXACTA- You must select the first two finishers in the race in exact order.  For example, if you play a 3-2 exacta, the #3 greyhound must finish first and the #2 must run second.  $1.00 minimum wager.

TRIFECTA- You must select the three greyhounds that finish first, second, and third in exact order.  $2.00 minimum.

$1 TRIFECTA BOX- You  must select three (or more) greyhounds you think have the best chance of finishing first, second, and third.  Because this is a multiple wager, the greyhounds can finish in any order.   If three of the greyhounds you have boxed finish first, second and third, you are a WINNER.The $1.00 Trifecta Box pays one-half the $2.00 Trifecta price.

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