BETM.. $0.30 "How to BETM"
Baseball
11:20 901 Braves Hanson +1.20 8 1/2 -1.25
902 Yankees Sabathia -1.30 +1.05
In this matchup, the Yankees are the home team. The home team is on the bottom, unless stated otherwise. The game is scheduled to start at 11:20am, the minus (-) is next to the favorite and represents the amount the player must wager to win one dollar. Example: $13 to win $10 on the Yankees. The pay back would be $10 won and the $13 you bet for a total of $23. If you choose to bet on the Braves, the underdog (+), a $10 bet would win $12. The pay back would be the $10 bet and the $12 won for a total of $22. The number to the right of the board (8 1/2) is the total (over/under) or combined total of runs scored by both teams. A player can bet over (more than 8 1/2 runs), or under (less than 8 1/2 runs). The odds on the total are expressed by a money line.
Baseball Parlays
A parlay is a wager that combines several teams into one bet. Parlays are accepted on two to eight teams. All teams must win in order to win your bet.
To figure the payoff:
Change each price into its equivalent of one dollar. (SEE CHART BELOW) Underdog prices are already in equivalent form.
Add 1 (one) to all equivalent numbers. (EX: -1.70=.59;.59 + 1 = 1.59)
Multiply your bet times all numbers involved.
Example
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Teams: Astros A's Reds
Price: -1.15 -2.10 +1.35
Equivalent: .87 .48 1.35
Add One: 1.87 1.48 2.35
Multiply: 1.87 X 1.48 X 2.35 = 6.50
$25 bet returns: $25 X 6.50 = $162.50
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Money Line Equivalent to one dollar
-1.05=.95 -1.40=.71 -1.75=.57 -2.20=.45
-1.10=.91 -1.45=.69 -1.80=.55 -2.30=.43
-1.15=.87 -1.50=.67 -1.85=.54 -2.40=.42
-1.20=.83 -1.55=.64 -1.90=.53 -2.50=.40
-1.25=.80 -1.60=.62 -1.95=.51 -2.60=.38
-1.30=.77 -1.65=.61 -2.00=.50 -2.70=.37
-1.35=.74 -1.70=.59 -2.10=.48 -2.80=.36
Boxing
2001 Pacquiao -3.50
2002 Mosley +2.70
The minus is next to the favorite and represents the amount a player must wager in order to win one dollar. A player betting on Pacquiao must lay $35 to win $10 or any multiple thereof. A player betting on Mosley would wager $10 to win $27.
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Football & Basketball
10:00 101 Broncos 47
102 Patriots -7
In the above example, the game starts at 10:00 a.m. The home team is on the bottom, unless stated otherwise. The minus is next to the favorite. The Patriots are favored by 7 points. They must win the game by more than 7 points for you to win your bet on the Patriots. If you bet on the Broncos (+7), they must win the game or lose by 6 points or less to win your bet on the Broncos. In the event that the game ended in the Patriots winning by exactly 7 points, then that would be a tie and all straight bets made on either the Patriots (-7) or the Broncos (+7) would be refunded.
The number (47) at the right is the total (over/under). You can wager that the final combined score will be more (over) or less (under) than this number.
In football and basketball, the player puts up $11 to win $10 or multiples thereof, unless stated otherwise. The payback would be the $10 won and $11 bet for a total of $21. All points scored in overtime or in sudden death are counted in the final score.
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Off the Board Parlay Prices
2 Teams 13/5 6 Teams 44/1
3 Teams 6/1 7 Teams 88/1
4 Teams 11/1 8 Teams 175/1
5 Teams 22/1
In Parlay bets, all teams must win. Ties revert to the next lowest payoff.
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Football and Basketball
Teaser Payoffs
Football
2 teams
3 teams
4 teams
5 teams
6 teams
7 teams
8 teams 6 Points
10/12
8/5
3/1
9/2
7/1
9/1
12/1 6½ Points
10/13
3/2
5/2
4/1
6/1
8/1
9/1 7 Points
10/14
7/5
2/1
7/2
5/1
7/1
8/1
Basketball
4 Points
10/11
9/5
3/1
9/2
7/1
9/1
10/1 4½ Points
10/12
8/5
5/2
4/1
6/1
8/1
9/1 5 Points
10/13
3/2
2/1
7/2
5/1
7/1
8/1
Tie or no action reduce teaser to the next lowest number of teams. In case of tie or no action on a two team teaser, wager is refunded.
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Hockey
4:30 2401 Red Wings Pick +1.30 5.5 +1.20
2402 Flyers Pick -1.50 -1.40
In the above matchup, the game starts at 4:30 p.m. The home team is at the bottom, unless stated otherwise. The minus next to the favorite, the Flyers, represents the amount a player must wager in order to win one dollar. In this example, the player must lay $15 to win $10 or any multiple thereof. If you are wagering on the Red Wings, a wager of $10 would win $13.
Total (over/under) wagers are normally available for hockey. The rules are similar to that of baseball totals.
TICKETS MAY BE CASHED BY MAIL
Winning tickets may be mailed in for payment
Send winning tickets to:
Leroy's Horse & Sports Place
P.O. Box 95098, Las Vegas, Nevada, 89193
by registered mail and enclose a self-addressed, stamped envelope.
Please check back of ticket for complete mailing instructions.
See posted House Rules for complete listing of Rules.
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Horse Racing
How to make a wager
(Provide the teller with the following information)
Track Name
Race Number
Amount
Type of Wager
Horse Number(s)
Please be sure that your ticket is correct before you leave the window. We can not correct errors once the race is closed.
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TYPES OF WAGERS:
Win (W): Your hourse must finish first, to collect the win payoff.
Place (P): Your hourse must finish either first or second, to collect the place payoff.
Show (S): Your hourse must finish either first, second, or third to collect the show payoff.
Daily Double (DD): You must select the winning horses of two consecutive races designated by the track. The track will usually designate the first two races and sometimes the last two races. Daily Double wagers must be placed before the first race involved in the wager.
Exacta (E): You select two horses in one race to finish first and second in the exact order selected. This wager is also sometimes called a perfecta.
Quinella (Q): You must select the two horses that finish first and second in either order in one race.
Trifecta (TRI): You must select the first three horses that cross the finish line in exact order in the designated race.
Superfectra (SFC): You must select the first four horses that cross the finish line in exact order.
Pick 3(PK3) / Pick 6 (PK6) / Pick 9 (PK9): You must select the winnders in a set number of consecutive races. This wager must be made before the first race involved in the wager. Some other examples: Win 4, Pick 7, & Pick 8.
Scratch Sheets: List of information needed to make a wager for a track. Each track will have a separate sheet. Some of the information included are: saddlecloth number, horse, jockey, weight, track conditions, distance and wagering format for each race.
Scrached Horse: A horse is official withdrawn from a race or officially declared a non-starter. If your horse is scratched after your wager s placed, the bet will be refunded with the exception of entry and field bets. Rules at host track will apply.
Entry Horse: Two or more horses in the same race running as a single betting unit when there is a common owner or trainer. If one of the horses is scratched, you will still have a wager.
Field Horse: Two or more horses in the same race running as a single betting unit. This results when there are more entrants than positions on the totalistor board. If one of the horses is scratched, you will still have a wager. This is also called the mutuel field.
IRS
Please note that if the proceeds of a winning wager are at least 300 times larger than the wager, the Internal Revenue Service requires the necessary information to complete the IRS form W-2G. This information is provided by the customer. If the proceeds exceed $5,000.00 and are at least 300 times larger than the wager, the Internal Revenue Service requires that 25% be withheld and the IRS form W-2G be completed before payment can be made.
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Please check your ticket for accuracy before leaving the window. Pari-Mutuel tickets, which must be cashed at purchase location (NO mail pay tickets), are valid for 120 days after the date of purchase or 30 days after the close of the racing meet whichever comes first. All other tickets are valid for 30 days from the date of the event. Rules at host track will apply to scratched horses. Winning pari-mutuel wagers are paid in accordance with official results at the track.
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