LEARN THE PLAYBOOK
Philly loves a winner and with the introduction of sports betting at Rivers Casino Philadelphia, there are even more ways to win! Now legal in Pennsylvania, our sports book will give you the opportunity to place your bets on your favorite teams across various sports.
ATS (“Against The [Point] Spread”) – If a team is 5-2 ATS, it means it has a 5-2 record against the point spread, or more commonly referred to simply as the “spread.”
Cover – The betting result on a point-spread wager. For a favorite to cover, it has to win by more than the spread—an underdog covers by winning outright or losing by less than the spread.
Favorite – The expected straight-up winner in a game or event.
Moneyline – A bet in which your team only needs to win. The point spread is replaced by odds.
Parlay – A wager in which multiple teams are bet, either against the spread or on the moneyline.
Push – When the result of the game lands on the spread. The bettor does not win or lose and the bettor gets their money back.
Sportsbook – A sportsbook is a place where a player can wager on various sports competitions, including golf, football, basketball, baseball, hockey and more.
Underdog – The team that is expected to lose straight up.
Vig/Vigorish – The customary commission the house takes; also called the “juice.”
Wager – A bet.
Alternative Line – also known as Teasers and Pleasers. A teaser is a wager in which a team(s) are bet, but the bettor adjusts the spreads for less favorable odds. A pleaser is the opposite, where as the bettor wants to make a more difficult spread for more favorable odds.
Futures – (“Outright” or “Place”) betting is where it is possible to choose from a list of alternatives and bet on the eventuality that a participant wins or places within a specified position in the classification of the listed event/competition.
In-Game Wagering – a service offered by books in which bettors can place multiple bets in real time, as the game is occurring.
Moneyline – (to win) is where it is possible to bet on the (partial or definite) outcome of a game or event, i.e. who will win.
Spread Betting – (points spread in football and basketball, runline in baseball, puckline in hockey or “handicap”) is where it is possible to bet on whether the chosen outcome will be victorious once the listed spread/line is added/subtracted (as applicable) to the game/period/total score to which the bet refers to. In those circumstances where the result after the adjustment of the spread/line is exactly equal to the betting line, then all bets on this offer will be declared void and wagers refunded.
Over/Under – (aka Totals) is where it is possible to bet on the (partial or definite) amounts of a redefined occurrence (e.g. points, run, goals). Should the total amount of the listed occurrences be exactly equal to the betting line, then all bets on this offer will be declared void and wagers refunded.
3-Way Moneyline – where it is possible to bet on three (3) outcomes of a game or event. The options are: home team to win, tie or away team to win.
HOW TO BET
The moneyline is used to display the odds of winning in boxing and MMA. The minus (-) on the wagering sheets and display boards indicates the favorite. The plus (+) indicates the underdog.
For example, Floyd Mayweather is favored, and the player must lay $180 to win $100. Canelo Álvarez is the underdog, and the player must bet $100 to win $110.
Offers on fights declared as a “No Contest” or “Technical Draw” will be settled as void, except for those offers the outcome of which has been decided prior to the decision and could not possibly be changed regardless of future events, which will be settled according to the decided outcome.
Betting on the moneyline in hockey is the standard option for those not wanting to bet the game against the spread—known as the puckline in hockey.
For example, Philadelphia (-130) is hosting New York (+110), meaning a $130 wager on Philadelphia would win $100 and a $100 wager on the underdog New York would win $110.
The puckline in hockey is identical to baseball’s runline with one team favored by 1.5 goals with the other entering as 1.5 goal underdog
Using the same example, Philadelphia -1.5 (+150) is hosting New York +1.5 (-175), meaning a $100 wager on Philadelphia would pay $150 if Philadelphia wins by 2 or more goals and a $175 wager on New York would pay $100 if they win outright or lose by 1 goal.
Similar to football, basketball betting is against the point spread or the total. The odds are 11 to 10 on straight bets.
For example, Dallas is favored by 2.5 points. Dallas must win the game by 2.5 points or more for a player to win their bet. If the player bets Cleveland (+2.5), they must win the game outright or lose by 2.5 points or less for the player to win. The number 205 in this example is the over/under. The player can wager that the final score will be more or less than this number.
If the total score is 205, the bet is a push.
Bettors wishing to bet on which team is going to win a football contest can bet on the moneyline.
For example, New York (+140) visits Philadelphia (-160), meaning a $100 winning bet on the underdog New York would net $140, where a $160 winning bet on the favored Philadelphia would pay $100.
Football bettors can also bet on the point spread.
New York is a +3.0 underdog against Philadelphia at -3.0.
In this example, bettors that take Philadelphia would need them to win by 4 or more points and bettors that wager on New York would need them to win outright or lose by 1 or 2 points. If Philadelphia wins by 3 points or if New York loses by 3 points, the game would be a push.
Football games also feature a point total where bettors can wager whether the total number of points scored in the game will go over or under a defined amount.
For example, will Philadelphia and New York combine to score over or under 42.5 points.
The 3-way moneyline is one betting option in soccer than includes the “Draw” (or tie) as a possible outcome with set odds.
For example, France (-129), Draw (+250), and Switzerland (+325) is a 3-way moneyline indicating a $129 wager is needed on France to win $100, a $100 bet is needed on Switzerland to win $325, and a $100 wager is needed on the Draw to win $250.
As in other sports, moneyline odds represent the most popular means of wagering on soccer; however, the game’s unique rules and design present a few variations on the traditional moneyline
Standard soccer bets are based on results after 90 minutes of play plus any added time for injuries/stoppages. This is known as “regular time.” Overtime, golden goals and penalty shoot-outs do not count towards this betting
The 2-way moneyline, also known as “Draw, No Bet”, eliminates the draw as an available outcome while betting and involves simply selecting a victor. If the match ends in a draw, it is deemed no-action and the wager is refunded
Odds in a 2-way moneyline using the same example could be France (-310) vs. Switzerland (+272), meaning you must wager $310 on France to win $100 or $100 on Switzerland to win $272
Betting the spread in soccer is known as betting goal lines and is similar to pucklines in hockey and runlines in baseball
For example, France may enter the match with Switzerland as a 2.5 goal favorite with a line like France -2.5 (+110), Switzerland +2.5 (-120). This means France must win by 3 or more goals in order to receive $110 on a $100 wager or Switzerland must win outright, draw or lose by 2 or less goals to receive $100 on a $120 wager
Totals betting in soccer is typically shown in multiples of .5 and the standard metric for soccer is over or under 2.5 goals.
Betting on the moneyline in baseball is as simple as picking an outright winner. however, keep in mind that wagers on the moneyline favorite will naturally pay less than a winning wager on an underdog.
For example, Philadelphia (-200) is hosting New York (+170). This line means that Philadelphia is favored and a wager on them in this game will cost $200 to win $100. A winning wager on the underdog New York would result in a $170 win with just a $100 initial stake.
Betting on total ins baseball allows you to wager on the total number of runs that will be scored by both teams in a game. Moneyline odds are attached to the line, for example:
This example sets the total at 5.5 runs but the under is favored at -110, meaning a $110 wager is needed to win $100 in the event 5 or less runs are scored in the game.
Betting on the runline in baseball typically involves a 1.5 run spread on a game. For example:
In this example, if you bet on Philadelphia and they win by less than 1.5 runs, the wager would still be lost. If they win by 2 or more runs, then the wager will be won.
Betting futures in baseball involves wagering on future outcomes during the off-season, regular season, pennant races and the postseason. Odds can change frequently based on current performance, injuries and personnel moves.
All bets will remain valid as far as the match/offer is played within the tournament framework regardless of any changes (either before or during the match), in conditions (indoor/outdoor) and/or surface types, unless other arrangements have been agreed.
“Match” (Moneyline) bet offers are based on the general principle of tournament progress or tournament win, depending on which phase of the competition the match refers to. The player/team progressing to the next round or winning the tournament is to be considered as the winner of the bet regardless of match duration, withdrawals, disqualifications, etc. These bets require at least one set to be completed for bets to stand.
“Over/Under” and “Handicap”/Spread offers on unfinished matches the outcome of which is already determined before the interruption of play and/or where any further continuance of play could not possibly produce a different outcome to said offers, will be settled based on the result achieved until the interruption. For the calculation of these settlements, the minimum amount of occurrences which should have been needed to bring the offer to the natural conclusion will be added as necessary depending on the number of sets which the match is scheduled for. Should this calculation produce a situation where no possible alterations could affect the outcome of the offer this will be settled as such. The following examples can be used for consideration:
- Example 1 – Over/Under: A retirement occurs in a match scheduled for three sets with the score 7-6, 4-4. The offers: “Total Games Set 2 – 9.5” (or any lines lower than that amount) & “Total Games Played in the Match – 22.5” (or any lines lower than that amount) will be settled with “Over” bets as winning and “Under” bets as losing. Bets on lines higher than that will be settled as void.
- Example 2 – Handicap/Spread: A retirement occurs at the start of the 3 rd set in a match scheduled for 5 sets with the score at 1-1. Bets on +2.5/-2.5 Sets will be settled as winners and losers respectively. Offers on any lines lower than that amount will be settled as void.
All “Correct Score” (namely Set Betting and Game Betting), “Odd/Even”, and those offers which refer to the winner of a particular period in the match (example “Which player will win the first set?” and “Set 2 – Game 6: Winner” require the relevant part of the match to be completed.
All type of offers not specified above require at least one set to be completed for bets to stand, except for those offers on an outcome of which is already determined before the interruption of play and any further continuation of play could not possibly produce a different outcome.
In a Doubles match, all bets will be declared void if any of the stated players are being replaced.
Any reference to “Grand Slams” will be based on the tournaments for that particular season to which the ITF attributes said definition, irrespective of any venue, date, or any other changes.
Unless explicitly stated, all bets on Davis Cup matches will be voided in case it is decided that the match is played in any other format than “Best of 5 Sets”, (e.g. Best of 3 Sets).
Offers relative to the Davis Cup are offered with the explicit assumption that the particular match-up will form part of the so-called “rubbers” for the next available Singles session, which usually consists of two Singles matches per session. All bets will be cancelled on matches which are intended for the first or second rubber (usually Friday Singles matches) which had the listed participants changed, regardless of the fact that the same encounter could actually happen during other match-ups of the same tie/round.
Results acquired in a “Pro Set” will be valid only for the following offers: “Match”, “Set Handicap/Spread”, “Set Betting” and “Total Sets”. All other types of offers will be settled as void, with the exception of offers the outcome of which is already determined.
In cases where a “Match Tie-Break” is used by the organizing committee/federation as the deciding factor in determining the outcome of the match, said “Match Tie-Break” will only count as 1 “Game” as applicable.
- Example: A match with the following scores: 6-4 (Set 1), 2-6 (Set 2) and 10-8 (Match tie-break) will be resulted in Participant/Team A winning 9 Games (6+2+1) while Participant/Team B will be considered as won 10 (4+6+0).
All bets will be deemed as valid as long as the Tournament, or the relative round to which the bet refers to, is played within the same year, irrespective of any time delays, unless other arrangements have been agreed to.
All bets referring to Tournament Performance (Winner, Place, Group Betting, Top Nationality, Individual Final Position, etc.) will be deemed valid as long as 36 holes have been completed by the eligible players, and an official result has been declared by the organization.
Bet offers already decided are considered as valid bets even though 36 holes are not played and/or an official result has not been issued by the organization.
Any result from officially-sanctioned playoffs will count towards the settlement of the offers.
Bets on players who start the tournament but withdraw voluntarily or are disqualified will be settled as losing bets, unless the result of the offer which the bet refers to is already determined.
All Win/Place bets referring to the Competition Winner and Top Nationality Markets placed after 7pm EST on the Monday of the week of the tournament on participants who do not compete at all will be refunded. All other Win/Place bets will be deemed valid.
In outright bets which include a limited selection of participants, such as Top Nationality, Group Betting, etc., Rivers Casino Philadelphia reserves the right to apply Tattersalls Rule 4 on any non-starter. Dead Heat rules will apply except for cases where a play-off has determined a better finishing position.
All “Head to Head” bet offers require all participants to start in the event/round to which the bet refers to.
In “Head to Head” bets featuring only two players, bets will be refunded if both participants share the same finishing position and no draw option has been offered. In “Head to Head” bets featuring three players, should two or more participants share the same finishing position, bets will be divided.
Settlement of “Head to Head” bet offers involving the performance of two or more players (e.g. Best Finishing Position in the tournament) will be based upon the best finishing position/lowest score (as applicable) achieved in the relative event/round which the bet refers to.
Any reference to Make/Miss the “Cut” requires an official cut/exclusion effected by the organizers for bets to stand. In the case of tournaments where players are eliminated during more than one phase, settlement will be based on a whether the player has qualified or not following the first “Cut” made.
Disqualification/withdrawals by a player before the "Cut" is made, will result in the player being considered as having missed the “Cut.” Disqualification/withdrawals subsequent to the “Cut” being made will be irrelevant towards the original settlement of the “Make the Cut” offers.
In “Head to Heads” based on the best finishing position in the tournament, in case one player misses the cut then the other player will be settled as the winner. If both participants fail to make the “Cut” the player with the lowest score at the “Cut” will be considered as the winner. Should both players fail to make the “Cut” with the same score then the bet will be void. A player disqualified after the “Cut” has been made is deemed to have beaten a player who has failed to make the “Cut”.
Any reference to “Majors” will be based on the tournaments for that particular season to which the PGA attributes said definition, irrespective of any venue, date, or any other changes.
Bets are settled according to the publication of live timing and classification as shown on TV at the time of podium presentations, or at the end of the session/race/event (as applicable). Should the information required for the settling of the offer be missing/not shown and/or incomplete, the first official information on the official site will be deemed binding, regardless of subsequent promotions, demotions, appeals and/or penalties inflicted after the termination of the session/race which the bet refers to.
Events being shortened due to weather conditions or other situations but are deemed official by the governing association will be settled accordingly, regardless of any changes which said associations might make due to the incompletion of the race.
Should an event/race/session/lap/heat be restarted from the beginning, bets will stand and will be settled according to the result issued after the restart, except for those bets the outcome of which has already been determined.
For settlement purposes, a driver/rider who has taken part in an officially-sanctioned practice or qualification session is considered to have taken part in the event, regardless of his eventual participation in the actual race.
In “Head to Head” bets all listed participants must take part in the session to which the bet refers to for bets to stand, irrespective of whether a driver manages to get an official time.
In “Outright” or “Place” bets, no refunds will apply on those participants who do not take part for any reason, for the session/event/championship to which the offer refers to.
Settlement for any offer with reference to “Race completion” will be based on official regulations as issued by the governing association.
A “Head to Head” bet where both drivers/riders fail to complete the race is determined on the basis of the most laps completed. In case the participants fail to complete the race and are recorded for the same number of laps, the bet is declared void, except in cases of Rally where at least one of the listed participants must complete the event, otherwise the bets will be declared void.
Time penalties inflicted by the governing Association during the qualifying session(s) will count. Other grid demotions/promotions are disregarded.
A Race is considered to have started when the warm-up lap starts (where applicable), thus all drivers/riders taking part in the warm-up lap are deemed to have started. In case of a participant whose start is delayed, or starts the race from the pit lane, the participant is also deemed to have taken part.
Settlement of seasonal markets will take into account the classification issued exactly after the completion of the last race of the season including any decisions taken by the organizing association during the season, given that said decision is issued before the last race of the season. Any decision (even on appeal) taken after the end of the last stipulated race is deemed as irrelevant.
All bets which make reference to teams’ performances will stand regardless of any driver/rider changes.
Bets will stand regardless of any schedule/location/circuit changes as far as the race/event is held within the same year/season, irrespective of any time delays, calendar order, etc., except for those bets placed after 00:00CET of the Monday of the week for which the race/event is scheduled which will be refunded should the race/event/session that the offer refers to not be held within 7 days of the scheduled date at the time the bet was placed.
Bets referring to specific teams’ performance during the race require the initially stipulated number of vehicles from each team to start the race for bets to stand, otherwise they will be declared void (e.g. in Formula 1, two cars from each team should start the race).
Settlement of bets referring to the inclusion of the “Safety Car” will not take into account those occurrences in which the actual race starts behind the “Safety Car”.
Settlement of offers on the first driver/car to retire will be based on the actual lap in which the driver is considered to have withdrawn from the race. Thus if two or more drivers retire during the same lap bets will be settled accordingly.
Bets on the First/Next Driver to retire during the race will include only the outcomes deriving after the official start of the race. Any retirements/withdrawals previous to the actual start of the Grand Prix/race (including those during the warm-up lap) will not be considered for settlement purposes.