DES PLAINES, IL (March 2, 2020) - Don't understand your over-under from your moneyline and puzzled about how to parlay your interest in sports with placing a bet at a freshly legislated Illinois sportsbook? Fear not. At Rivers Casino Des Plaines' soon-to-be-open BetRivers Sportsbook, resident professional Ross Sansone is making it basic for you.
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"The sports wagering terms can intimidate even the biggest sports fan, however with a couple of tips, you can have a lot of enjoyable and win some cash-- and you do not even have to bet against your favorite team, even if they are the underdog," Sansone stated.

As Illinois prepares for sports betting to start in time for college basketball's "March Madness" tournament, BetRivers' Sansone, understood to some as "Rivers Ross" is supplying a "Sports Betting 101" summary of the essentials for each bet that can be made and definitions of common terms.

Sansone says there are four primary types of bets that Illinois locals will be able to make.

1. Moneyline

"A wager on the moneyline is one of one of the most standard bets you can make. It's as simple as choosing the winning group," he stated. The favorite group is the group anticipated to win. This side of the bet is normally represented with a minus "-" sign. The underdog team on the moneyline is the group that's anticipated to lose, typically noted with a plus "+" sign. The signs assist you rapidly determine how each side will pay, if that side wins: The minus sign means the payment will be less than the initial bet, the plus implies the payment will be more than the original bet. Reading the chances for a cash line bet is simple. If a team is +120, this implies they are the underdog. If that group wins, your $100 bet will win you an additional $120. If a team is revealed -160 that implies they're a preferred (anticipated to win). You'll need to make a $160 bet to be paid $100 in profits if that group wins.

Example: The Chicago Bears are playing the Green Bay Packers and the Packers are favored to win at -120. If you decide to bet for the Packers, and you wished to win $100, you would have to bet $120.

2. Point Spread

"A point spread bet has become more and more popular. When you bank on the point spread, it isn't on who will win or lose. It's a bet on how much the win or loss will be," stated Sansone. Similar to a moneyline bet, the "+" indication represents the underdog group and the "-" represents the favorite team. But in a point spread bet, another number is included. That is the variety of points a group needs to win by for you to win your bet. There is generally an additional number in parentheses that tells you what the payout will be if you win.
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Example: If the Chicago Bears are the 8.5 favorite (-8.5) over the Detroit Lions (+8.5 ), perhaps you wish to position a $100 bet on Chicago winning and covering the spread. In this hypothetical video game, if Chicago wins by 9 points the Bears would not only win the video game, however you would win your bet. If the Bears just win by 6 points-maybe because they "double-doinked" a basket in the closing seconds-you would lose your point spread bet. "When you hear somebody state 'my team didn't cover,' they are describing losing a point spread bet," he stated.
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3. Over/Under

An Over/Under bet is a wager on the combined total variety of points scored by both teams in a video game. That's why it's frequently called a "overalls" bet. "You're just attempting to predict whether the overall points scored in a game will be greater or lower than a set number. It's an amazing method to bet on the action of a game without choosing a winner or loser," Sansone included. Reading the chances for an over/under, or "overall" bet is easy. When the over/under is set for the Bears vs. Packers game at 37.5 and the combined rating of both groups amounts to 38 or more, the "over" wins. If the total is 37 or less, the "under" wins. An unique aspect of an over/under bet, according to Sansone, is you can have a tie. "Occasionally, the total is set as a whole number. Using the Bears vs. Packers example once again, if the over/under is 38 and the combined point overall for the Bears and the Packers is 38 you have what is called a "push"-- or a tie-- and you get your cash back."

4. Parlay

This is a single wager that connects together two or more private bets. If any of the bets in the parlay lose, the whole parlay loses. But if all the linked bets win, the parlay wins - and the payouts can be substantial. "It's an example of greater danger for higher reward," said Sansone.

Vernacular

Sansone stated you might hear fellow sports book consumers using insider-sounding terms. "At the sportsbook and frequently on sports radio you'll hear people utilize this language to seem like they are in-the-know," he stated.

A few of those phrases consist of:

● Bad Beat: Losing, often as an outcome of a last second rating.

● Bankroll: The money you have at your disposal with which to bet.

● Betting line: The chances used to identify the payout of wagers, for instance, the lines move as bets are made and team news like injuries are reported.

● Dime: A $1,000 bet.

● Favorite: The side expected to win a sporting occasion.

● The dog: The underdog, or group expected to lose.

● First-Half Bet: A wager on the very first half of a sporting occasion only, and not the outcome.

● Prop bets: Increasing in popularity, this can be anything from the outcome of the coin turn at the Super Bowl to the number of touchdowns Kansas City Quarterback Patrick Mahomes will throw today.

"Sports wagering has its own language, however don't get captured up in what other individuals state. These simple tips-- in addition to just wagering what you can manage to lose from your bankroll-- must assist you have a good time at the BetRivers Sportsbook or at other sportsbook locations," Sansone said.

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Responsible Gaming Rivers Casino is committed to make accountable video gaming a concern and takes this concern very seriously. While lots of have the ability to bet properly, there is a small portion of the population who can establish a major, often uncontrollable betting problem. This can impact individuals of any age, income, gender or race at any time.

To secure them and others affected by their habits, Rivers Casino developed a set of policies and guidelines which handle issues such as minor betting, problem betting, accountable marketing, and inappropriate usage or abuse of alcohol.

Rivers Casino employs a number or approaches to promote accountable gaming including:

● Employee education and training programs

● Self-exclusion policies

● Detailed composed treatments to determine and manage these concerns

● Use of outside specialists

● Customer and employee education and awareness

● Self-restrictions for check cashing, credit and mail/promotional offers

● Monitoring and measuring compliance with outcomes of these programs

Please gamble responsibly.

Gambling problem? Call 1-800-GAMBLER.

About Rush Street Gaming

Founded by Neil Bluhm and Greg Carlin, Rush Street Gaming and its affiliates, headquartered in Chicago, Illinois, have actually established and run effective gambling establishments in Niagara Falls, Ontario, Pittsburgh and Philadelphia, Pennsylvania, Des Plaines, Illinois (Chicago area) and Schenectady, New York. Rush Street Gaming and its affiliates has turned into one of the leading casino developers in the United States and operators of online gambling establishments and sports betting books. Additional details at: www.rushstreetgaming.com

About Rivers Casino Des Plaines

Rivers Casino Des Plaines is the most successful gambling establishment in Illinois and jointly owned by Rush Street Gaming and Churchill Downs Incorporated ("CDI") (Nasdaq: CHDN). CDI is an industry-leading racing, online wagering and video gaming entertainment business anchored by its flagship event - The Kentucky Derby. The business owns and runs 10 local video gaming centers in 8 states, along with Arlington International Racecourse in Arlington Heights. ABOUT RUSH STREET INTERACTIVE Founded in 2012, Chicago-based Rush Street Interactive (RSI) launched its first betting site, PlaySugarHouse.com, in New Jersey in September 2016. The company subsequently made history by ending up being the first operator in the United States to provide a fully incorporated online sportsbook and casino. In addition, RSI was the very first to launch legal online sportsbooks both in Pennsylvania (PlaySugarHouse.com) and Indiana (BetRivers.com) along with being the very first to open a legal sportsbook in the state of New york city (@ Rivers Casino in Schenectady). RSI also runs in-casino sportsbooks at Rivers Casinos in Pittsburgh & Philadelphia, and most just recently, at the historic French Lick Resort in Indiana. BetRivers.com is also the special authorities sportsbook partner for the Philadelphia Flyers & Wells Fargo Center. RSI was the very first US-based gaming operator to launch a legal and regulated online sportsbook in Latin America (Rushbet.co in Colombia). Rush Street Interactive is likewise the designer and operator of a leading social gaming platform currently deployed at the group's associated land-based gambling establishments and chosen third party partners. Rush Street Interactive was named "Mobile Operator of the Year" in The United States And Canada at the EGR The United States And Canada Awards 2019 and "American Operator of the Year" & "Casino Operator of the Year" at the American Gambling Awards in 2019. For more details, visit rushstreetinteractive.com. About Churchill Downs Incorporated Churchill Downs Incorporated is an industry-leading racing, online betting and video gaming entertainment company anchored by our renowned flagship event - The Kentucky Derby. We own and run Derby City Gaming, a historical racing device facility in Louisville, Kentucky. We also own and run the largest online horse racing wagering platform in the U.S., TwinSpires.com, and we operate sports wagering and iGaming through our BetAmerica platform in several states. We are also a leader in brick-and-mortar casino gaming with around 11,000 slots and video lotto terminals and 200 table games in eight states. Additional details about CDI can be found online at www.churchilldownsincorporated.com.