0.00625% On the other hand, money line bets can generate very lopsided odds for both sides. Information may be changed or updated at any time without notice. Without limiting the generality of the foregoing, a Player will be required to provide to OLG such information and documentation as OLG may determine that it requires in order to comply with its FINTRAC reporting obligations. The 4 teamers do much better. Pay close attention to the last section, Now let's move on to a more difficult area - how many games to play on a ticket. Since both sides technically have the same chance of covering the spread, point spread bets can be difficult to win, especially over the long run. OLG offers two types of subscription options, as follows: theconsecutive drawoption, which provides a Player the option toautomatically purchase a ticket for a designated number of consecutive draws in a Draw-Based Lottery Game Played Online in accordance with the, thenever miss a drawoption, which provides a Player with the option to automatically purchase a ticket for an indefinite number of draws in a Draw-Based Lottery Game Played Online in accordancewith the, their Player Account contains sufficientUnutilized Funds(or Bonus Funds, if applicable)or that their permitted Direct Pay payment card is valid, operational and authorized by the issuing financial institution to process transactions (. This can help them maximize their edge and sports betting profits over time. Youcan betanytime, anywhere, on any device! If a Player wishes to use Unutilized Funds and/or Bonus Funds in their Player Account to pay for any portion of any purchase, the Player must pay for the entirety of the purchase with Unutilized Funds and/or Bonus Funds in accordance with this Agreement. As of the date of this Agreement,the minimum deposit amountfor a single deposit by a Player cannot be less than $15.00 and cannot exceed $999,999.00; limiting the number of different credit cards that a Player can use to fund a Player Account or make a purchase using Direct Pay. Calculating Payouts Against the Spread. Since point spreads are set to equalize the odds for both sides of a match, professional sports bettors use point spreads to spot inefficiencies in the game lines offered by the sportsbooks. PK or Pickem means that the matchup is so close that theres neither a favorite nor an underdog. When betting on the spread, sportsbooks may offer different point spreads and odds for the same contest. In some cases, a Prospective Player, Intending Player,or a Player may not be able to access or use some or all of the componentsorfunctionality ofOLG.ca as a result of deficiencies in their own equipmentortechnologyortheserviceproviders retained by them. You should also compare the latest money lines using our odds page tool.. As with most everything in gambling, the house does have the advantage overall. retain any or all of a Player's Unutilized Funds to the extent necessary to compensate OLG for its actualand/or potentiallossesand liabilitiesresulting from such breach. For example, I will add OLG shall have the right to notify all third partieswhichOLG, in its sole discretion, determines to be appropriate in the event of any actual or suspected collusion, cheating, fraud or criminal activity by any Player or the taking of any unfair advantage by any Player, including the appropriate law enforcement authorities and other third parties that OLG determines to be appropriate (for example,police services,the AGCO, OLG's payment processors, Event governing bodies, other operators/providers of sports being platforms, and credit card issuers and brands). A push wouldnt happen in the example above because a team cant win by half a point. Winning NFL point spread picks since 2003! A failure of the Intending Player to satisfy any of the foregoing will constitute a material breach of this Agreement. A Player is not entitled to receive Bonus Funds unless OLG, in its sole discretion,determinesthat Bonus Funds should be offered to a particular Player. The above chart breaks down the payout schedule for the OLG Pointspread game. in a boxed game to all 7-teamers, even if there are no push lines, in case $33,685 600.00 In the NHL, most teams tend to pull their goalies when trailing late in a contest, opening up a free opportunity for an empty-net goal. For this purpose I'm going to use the posts between myself and PQ and several others from an online discussion. Here is another OLG Point Spread winner for NFL Week 5 this week (2015 NFL betting season). A Player may cancel their withdrawal requestthrough their Player Account. This one is very basic and in time most Once the game is over, if the underdog has kept the game close, within a certain amount of points, or won outright, your point spread bet is a winner. Point Spread markets are available in-store and online. If the breach is not remedied to the satisfaction of OLG, then the breach shall be deemed to be a material breach of this Agreement. offer point spreads for NFL, college football, and CFL games. As of the date of this Agreement, the minimum amount of a single withdrawalof Unutilized Funds by aPlayeris $2,and there is nomaximum amount of a single withdrawalof Unutilized Funds by a Player. Claim welcome bonus offers In 2021-22 the OLG generated $293 million in revenue from the OLG's sports betting options and only paid out $198 million in prizes. A Time-based One-time Password is a temporary password generated by a third-party application that can only be used once and within a certain period of time before it becomes invalid, at which point the Player will be required to input a newly generated Time-based One-time Password. You can have key numbers on OVER/UNDER totals as well. anindividual who doesnot satisfy all of the eligibility criteria that are described in Section4.1of this Agreement; anindividual who hasbeen excluded fromOLG.ca by court order or any applicable law or regulation or any rule or policy enacted pursuant thereto, including the AGCO Standards; an individual who is prohibited from accessing a gaming site or playing lottery schemes under Standard 3.01 or Standard 3.01.1 of the AGCO iGaming Standards, or any other relevant provision of the AGCO iGaming Standards or AGCO Standards, from time to time; an individual who has registered for self-exclusion from a Casino (as defined in the AGCO Gaming Standards) under My PlayBreak, for the duration of their My PlayBreak term (see the Responsible Gambling and My PlayBreak Policy for further information); an individual registered for My PlayBreak; an individual who is an employee of OLG or who, by contract or another arrangement with OLG, is prohibited from registering an account withOLG.ca; and, an individual who is an employee of aniGaming vendororan iGaming entity(as such terms are defined in the. Point Spread Parlay Odds With equal odds on both sides, betting against the spread is all about finding value against the number set by the oddsmakers. Placing a bet on the point spread is a wager on the full-time result. The question can be answered by correct strategy was to box in an additional game to improve your payout in the case of Sports Betting Games Played Online, the Intending Player must comply with the provisions of paragraphs 5(a), (b), (c) and (d) of Section 14.5 each time the Intending Player plays any of the Games. OLG will hold a Player's monies that are deposited with OLG for purposes of fundingthe notional balance ofa Player Account in a bank account or escrow account as trustee for the Player (not asbanker or debtor). Collect your winnings. Your second play is game 13 at home - 13H. them into my ParlayMaker program. ensure the existence, completeness,and accuracy of the informationdisplayed within their Player Account (including, without limitation all purchase confirmations); ifthey donot have avalid ticket(as such term is defined in the, iftheydo or may have insufficientUnutilized Funds(or Bonus Funds, if applicable)available or if their permitted Direct Pay payment card is not Funded, to play a particular Game prior to rejecting the relevant transaction. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Cash in on the best odds and game lines The use of Bonus Fundsmaybe limited to specific Games and specific periods of time, andBonus Funds mayexpire and be cancelled if they are not used prior to a specified date or time. Nearly a 50/50 chance of winning If New York is +2.5, that means they are theunderdog and have been spotted or given2.5 points. As we noted earlier, it takes a winning percentage of about 53 percent for point spread bettors to earn a profit. A point spread in sports is a way for oddsmakers to make a matchup between two unbalanced teams more balanced by giving points to or taking pointsaway from each team. This means that for every $5 bet you win, the dealer will pay you $9. You've now changed from a player who has an expected loss rate of 10% to a player who will win at Have a run of good luck Simply click on the odds for the selection to make a pick and it will be added to the bet slip. Since point spreads are set to compensate for the relative strength of each team, both sides of a point spread bet generally have an equal chance of winning. In some circumstances, a longer period of time for processing a withdrawal may be required. And you're going to play the following 2-team parlay 12H - 13H for $20. Approximate Parlay Odds Unlike betting against the spread, teams do not have to win by a certain margin of victory for a money line bet to be settled as a winner. $163,0794 $234,379 OLGwillrequire the Player to submit documentation(by electronic upload viaOLG.ca or as OLG may otherwise instruct)that, in OLG's sole determination, evidences the Player's authority over the bank account that is to be registered. Some Pay-to-Play Games may be offered jointly and networked with one or more other Canadian lottery jurisdictions. 2,343.79 a Visa or MasterCard credit cardissued in Canada by aCanadian bank or financial institution, which the Player isanauthorizeduser, as defined by the Canadian bank or financial institution,to usethe Visa or MasterCard credit cardfor such purpose. OLG, or anyone acting on behalf of OLG, shall be entitled to contact a Player with respect to any matter contemplated in this Agreement by using any of the Player Contact Details(including by way of email or telephone). Account for the juice A point spread compensates for the relative strength of each opponent by assigning odds and a handicap that equalize the chances of winning. 16,307.94 Discover how to make the most out of your sports betting experience with our definitive guide to moneyline betting. Be sure to check out our Basketball Betting News and ourHow to Bet on the NBAguide for more options and assistance in getting you in on the action for basketball.