Sports Betting 101

SPORTS BETTING 101

THE BASIC STEPS TO BET WITH US

  1. Find an online sportsbook that works in your country and state. A quick google search will turn up the best option for you depending on location. (Popular options include FanDuel, BetMGM, Barstool, Bovada.lv, MyBookie.AG, etc). Setup an account on the site and deposit the amount of money you want to use to bet. 
  2. Choose one of our VIP packages from our site listed here: http://alistsportspicks.com and make payment for it.
  3. Once purchased, the email and password you used to purchase will auto create an account for you, then you will be able to log in at the little person icon at the top of the website or the members tab and view our picks from the member section daily.
  4. Use the picks you get from us on your betting account following our bankroll system and profit once they win! Each play will have a different payout depending on your wager size and the game odds.

SPORTS BETTING VOCABULARY 

Unit – A players bet size. Determined by your bankroll and unit system.

Straight Bet – A straight bet is a single bet placed on its own bet slip.

Parlay-  A parlay is when a bettor combines two or more bets on the same bet slip. This earns a higher payout if all of their picks win, however, If one of the bets loses, the whole parlay loses.

Spread – A number determined by oddsmakers to create an active and balanced market for both sides of a wager. This means that the favorite of the game needs to defeat their opponent by more than the point spread in order for the bet to win.

MoneyLine-  Betting on the MoneyLine means you are betting purely on the team to win straight up.  There are no spreads with money line bets.

Over/Under-  When betting on an over/under, you are betting on the final score of the game.  For example, if you bet on Patriots/Titans Over 42, you win the bet if the teams together score over 42 points in the game.  

Push – A push occurs when the final score lands on the exact spread or total so neither side of the wager wins. In this case the wager is returned to you for no loss or gain. There can never be a push if you have a .5 in the spread or over. (Ex. -7.5 or over 42.5)

Pick ’em (PK) – When a game is a Pick ‘em, it means that there is no favorite or underdog.  Odds-makers believe that neither team has an advantage over the other.