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You may be overwhelmed to go to a sportsbook and try to place a bet at the counter. Or you may want to learn a little more about how to bet online in PA.

With such an influx of new or relatively inexperienced bettors, an overview of the most common types of wagers becomes particularly useful.

So check out our basic rundown of what the lingo is, what types of bets are offered, and how to place those bets.

Moneylines, run lines, and puck lines

Novice bettors are likely familiar with terms such as “thespread” or “the number.”

However, it’s almost certain that the one type of bet they’ve ever heard is a good, old-fashioned, “straight-up” wager.

What is the moneyline?

Moneylines (football and basketball), runlines (baseball), and pucklines (hockey) are the industry terms for the odds assigned to which team will win a game or match.

Typically, moneyline wagers are the most expensive type of sports bet. In other words, the bettor needs to risk a more significant amount of money on average. And the end result is a payday comparable to other, less expensive bets.

Essentially, that’s because the odds of picking a straight-up winner in a sporting event are usually appreciably higher. It’s more difficult to correctly predict a margin of victory or whether a game will go under or over a projected total.

How to read the moneyline

Moneyline bets are presented in the following way on a sportsbook’s board or online platform:

Favorites are displayed with a three-digit number and a minus sign preceding it.

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This number quantifies how much needs to be wagered on that team to win $100. The minus sign is indicative of the fact that when placing money on a “favorite,” the bettor must wager an amount greater than the amount he or she would potentially win.

Conversely, underdogs are displayed with a three-digit number and a plussign is preceding it.

This number quantifies how much the bettor wins if he or she wagers $100 on that team. The plus sign is indicative of the fact that when placing money on an “underdog,” the bettor potentially wins an amount greater than the one he or she put down.

Incidentally, $100 is the figure utilized in the example because it is a nice, round number. That makes it easy to illustrate how a moneyline wager works. Moneyline wagers are actually accepted in any amount.

Sample moneyline wagers

The following are examples of NFL moneyline wagers:

Let’s say the LosAngelesChargers are listed as a 10-point favorite over the OaklandRaiders.

With LA the clear-cut favorite, the moneyline odds are listed like so:

Chargers -450: A bettor who wishes to wager on the Chargers to win the game outright will have to bet $450 to win $100. Therefore, if the Chargers win the game, the bettor receives his or her original $450 back, plus $100, for a total of $550.

Then, the sportsbook lists the Raiders as the underdog. In the hypothetical game, the moneyline wager might look like this:

Raiders +360: A bettor who wishes to wager on the Raiders to win the game outright will win $360 if he or she wagers $100. Therefore, if the Raiders pull the upset and win the game, the bettor receives his or her original $100 back, plus $360, for a total of $460.

Point spreads

Point spreads are also a popular and well-known form of sports wagering.

The point spread is a projected margin of victory or defeat for the two teams in a given matchup.

Let’s continue with the Chargers example. The LA team is favored to win by at least 10 points over the Raiders. Those wagering on the Chargers and “giving up” those points are betting that LA outscores Oakland by more than 10 points.

Conversely, those who bet the opposite “side” of the game don’t care if Oakland loses. They only need them to lose by less than 10 points to realize a return.

There’s also a scenario where neither side realizes a return and all bettors merely break even. This happens if the Chargers win the game by exactly 10 points.

In that instance, the line is considered a “push.” The book refunds bettors who wagered either side of the game.

How much you can win betting the spread

Payouts on point spread bets depend on the odds assigned to either side of the wager. It’s important to note there are cases, often with particularly large spreads like in our example, where a favorite may actually offer better odds than an underdog.

Chargers are expected to win the game, but the odds of a 10-point-plus win in football are worse than one by a smaller margin.

Therefore, your payout if you bet the Chargers to win by more than 10 points may be -105 (must bet $105 to win $100).

Alternatively, your payout if you take the Raiders to lose by less than 10 points may be slightly worse at -115 (must bet $115 to win $100).

Oddsmakers set point spreads so wagers come in on both teams as evenly as possible.

Sportsbooks naturally want to avoid being “overexposed” to one side of a wager as much as possible. This helps prevent some potentially sizable losses for the casinos.

Totals bets

Totals, or over/under bets, are another straightforward wagering concept.

In a totals wager, the bettor places money on whether or not the cumulative point/run total of the two teams will be more or less than the total set by the sportsbook.

Totals bets are often, but not always, set with odds of -110, meaning the bettor must wager $110 to make $100.

To exploit the MLB, for example, a totals bet for a New York Mets-Miami Marlins game may be listed as follows:

9.0 runs (-110)

The sportsbook has set the projected total of runs scored by both teams at nine. Bettors who wager that the two teams combined will score either more or less than that total will need to wager $110 to win $100.

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As with the point spread example, there is also the possibility of a push when it comes totals bets. In our example, this would occur if the cumulative run total is exactly nine.

In such a scenario, bettors would receive refunds on their original bet.

Parlay bets

Parlay bets are specialty wagers that involve at least two games, but often more.

There are variousforms of parlay bets that are based on the different bet types previously outlined, i.e., point spread parlay wagers, moneyline parlay wagers, and totals parlay wagers.

Successfully cashing a parlay is a multilayered process compared to other bets. There cannot be a losing bet within a parlay, i.e., the bettor must be 100 percent correct on the wager attached to every game within the parlay.

On the bright side, pushes won’t disqualify a parlay wager from cashing. Parlays also survive eventualities such as rained-out baseball games or events that ends in a tie.

However, there is a trade-off. Namely, the payouts in those cases are calculated factoring out that game, lessening them to a varying degree.

Parlay odds can vary significantly from sportsbook to sportsbook. Once a parlay bet is placed, however, the odds and lines are locked in.

That holds true, irrespective of any other changes the point spread, projected totals, or moneyline involving any of the teams within the parlay undergo after the parlay wager has been made.

As with other wagers, the payout is commensurate to the degree of difficulty of getting the bet correct. To put it succinctly, the more teams are wagered on in a parlay, the better the payout.

Teasers

Teasers are a form of parlay wager that excludes moneyline bets.

In a teaser, the bettor gets to play oddsmaker. He or she can manipulate the point spread, or total, within a certain predetermined range. The goal is to improve the odds of winning the bet.

Due to this advantage afforded to the bettor, a teaser pays out less than a conventional parlay because of the greater probability of a win.

The one requisite with a teaser bet is that the movement of the line or total must be applied to each team in that parlay. However, it’s important to note that the bettor can apply the movement in different directions.

Having already cited NFL and MLB examples, let’s incorporate basketball into the discussion. An NBA teaser on a two-team parlay that combines the above would be the following:

In a Pistons-Hornets matchup where Charlotte is favored by 5.5 points, the bettor moves the line an additional four points up to 9.5 points.

He or she then plunks down money on the Pistons to lose by less than that margin. The four-point movement is a significant one and considerably increases the odds of Detroit coming in under the number.

Conversely, say a Toronto Raptors-Golden State Warriors matchup in the same parlay opens with Golden State as a seven-point home favorite.

The bettor favors the Warriors to likely prevail, but has doubts about them being able to do so by more than seven points against a quality opponent. Thus, they bring the spread down the same four points to lower the required margin of victory to three points.

That significantly increases the odds of a Golden State cover.

Every lottery player wants to win. But, most players don’t know how to play the lottery the correct way. If you are a serious lotto player then you need to know how to wheel lottery numbers so you can increase your odds of winning.

Contents

• How to Wheel Lottery Numbers Explained

You’re Buying Your Lotto Tickets Wrong

When there is an enormous jackpot it often makes people lose focus when it comes to buying tickets.

This makes many people invest a huge amount of money on random lottery tickets and even quick picks.

These tickets have almost no chance of ever winning.

But, with the right knowledge of wheeling lottery numbers you can greatly increase your odds of winning multiple prizes in every draw and also have a great chance of winning a jackpot prize and what’s more you will have to invest less on ticket purchases.

Pick the Right Lottery Wheeling System

The first step is to find a good wheeling system. Pick the one you can afford in order to keep on playing.

Remember, a tighter lottery system will cost you more.

You can pick a lose one and it will cost you less but it won’t give the type of results you want.

Next, choose your favorite game.

For better odds, you should select a game with less numbers for example play a pick 5 over a pick 6.

Using a wheeling system greatly increases your odds but it is only half the story.

Pick Hot & Avoid Cold Numbers on Your Wheel

Be sure to also use “hot numbers” in your wheel and avoid “cold numbers”.

Hot numbers are those numbers that are drawn more often than others. If you want to do a little research (or just look online) you will find that specific numbers are often drawn together as well.

“Cold numbers” are those numbers that are rarely drawn or drawn much less than the others.

You can see an example of what I am talking about in this newspaper article.

Split Your Numbers

Now that you have chosen hot numbers for your wheel and are avoiding the cold numbers it’s time to split them into high and low numbers.

For instance, if your lottery game is 6/52 (match 6 numbers from a possible 52 numbers), then the low numbers will be 1 through 26; the high numbers will be 27 through 52.

You should divide your 6 numbers evenly between high and low numbers i.e., half the numbers you choose should be low (between 1 – 26) and half your numbers should high (between 27 and 52).

Once you have chosen your numbers it is time to wheel them.

How to Wheel Lottery Numbers Explained

In our example we will be using a 12 number wheel in a pick 6 game.

This means you will need to buy 8 different tickets for the same draw.

Video Example of How to Wheel 12 Numbers

Detailed Instructions to Wheel Lottery Numbers

1. You need to have a piece of paper and a pen or pencil.
2. Write down the numbers 1 to 12 on your paper.
3. Draw 12 small boxes.
4. Leave the boxes empty for now.
5. On top of the boxes number them 1 to 12.
6. Now, in each box place your chosen numbers in numerical order.
7. Select the numbers as outlined below.

For the first wheel – 1st ticket:

• select the number in box 1
• select the number in box 2
• select the number in box 3
• select the number in box 4
• select the number in box 5
• select the number in box 6

For the second wheel – 2nd ticket:

• select the number in box 7.
• select the number in box 8
• select the number in box 9
• select the number in box 10
• select the number in box 11
• select the number in box 12

For the third wheel – 3rd ticket

• select the number in box 1
• select the number in box 3
• select the number in box 5
• select the number in box 7
• select the number in box 9
• select the number in box 11

For the fourth wheel – 4th ticket

• select the number in box 2
• select the number in box 4
• select the number in box 6
• select the number in box 8
• select the number in box 10
• select the number in box 12

For the fifth wheel (5th ticket) select the number in box 5.

• select the number in box 1
• select the number in box 2
• select the number in box 3
• select the number in box 10
• select the number in box 11
• select the number in box 12

For the sixth wheel – 6th ticket:

• select the number in box 4
• select the number in box 5
• select the number in box 6
• select the number in box 7
• select the number in box 8
• select the number in box 9

For the seventh wheel – 7th ticket:

• select the number in box 1
• select the number in box 2
• select the number in box 3
• select the number in box 7
• select the number in box 8
• select the number in box 9

For the eighth wheel – 8th ticket:

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• select the number in box 4
• select the number in box 5
• select the number in box 6
• select the number in box 10
• select the number in box 11
• select the number in box 12

Every extra number you wheel greatly enhances your chances of winning multiple prizes in the same draw.

Obviously if you want to wheel more than 12 numbers you will need a different wheeling system. The same goes for different types of lottery games.

However the principle of wheeling lottery numbers remains the same.

Marking your cards

Each ticket has to filled in correctly.

A high percentage of participants have made careless mistakes when entering their wheeled numbers and thus denied themselves a chance of winning prizes.

For this reason it is a good idea to set out a number wheel box similar to the one shown in the image to the right.

You are much less likely to make a mistake filling out your lotto tickets if you use a boxed grid system like the one shown.

How to Play Your Wheels to Win More Often

Make a decision on how regularly you are going to participate in your chosen lottery game.

Remember that the more numbers you wheel the higher are your chances of winning prizes in the lottery. So, it is better to play less often and wheel more numbers than it is to play more often with a smaller wheel.

Also stick to your chosen wheeled numbers and stick with them.

The same applies to how many times you intend to play. If you chose to play one time a week, don’t be tempted to play twice.

Also don’t have the tendency of postponing games; your numbers could show up the week you don’t play!

After purchasing your tickets, put a signature on the back of each then safeguard them properly.

Multiple Winning Tickets

Depending on the wheeling system you used, many of the numbers from your wheel may come up; in such circumstances, you should have not just one winning ticket but multiple winning tickets.

Your tickets will have similarities in some combinations where the numbers are the same but just played in a different order. So you will have multiple tickets with winning numbers on it for multiple prizes.

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Picking on wheeling systems has enabled a high percentage of the participants to win multiple tickets. In case you use you use wheeling systems, your chance of winning is high by 1000%.

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Patience and consistency are of great importance when playing lottery wheels.

Hopefully this post has shown you how to wheel lottery numbers successfully and I hope that by using this information you win a lot more lotto prizes. You can more detailed information on lottery wheeling here.