Betting Info
Here you can find out all you need to know about sports betting, casino gaming, horse racing and greyhound racing including live video, daily carryovers, how to bet definitions, examples and more! On the go?
TwinSpires' Introduction to Betting on Sports
HOW TO READ THE ODDS
SPORTS BETTING FUNDAMENTALS
What Are the Odds?
TwinSpires uses the American odds system, which displays the price of a wager based on bets of $100. Odds for an underdog are represented by a ‘plus’ sign and indicate how much you would win if you bet $100. Favorites are designated by a ‘minus’ sign, where the odds reflect how much you have to wager in order to win $100.
What is the Minus?
The MINUS designates the FAVORITE in the match, or the side most likely to win. The larger the odds are, the more likely the favorite is to win.
What is the Plus?
The PLUS designates the UNDERDOG in the match, or the side which is less likely to win. Bigger underdogs have larger payouts, but can be riskier plays.
NOTE: You do not have to wager $100 every time. The American odds system simply shows the ratio of risk/ reward. The bet slip in the sportsbook will also calculate winnings for you before you lock in your bet.
STRAIGHT BETS
MOST STRAIGHTFORWARD WAY TO PLAY
What is a SPREAD Bet?
A spread is the forecasted point differential between two teams. A minus (-) indicates the favorite, while a plus (+) represents the underdog.
What is the MONEYLINE?
The moneyline is a bet on the straight up winner of the game. Bet on who you think is going to win.
What is a TOTAL?
Bet on the total points scored in a match-up by both teams. You wager on the score going OVER the total or UNDER the total.
NOTE: The minus-sign and plus-sign associated with the spread will also indicate the favorite and the underdog in a matchup. The odds listed next to the spread and total represent the price of the wager.
Example Score:
EXOTIC BETS
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What is a PARLAY?
Combine straight bets to increase the payout. All selections in the parlay must succeed for the bet to win.
What is a TEASER?
Alter the spreads or totals in a parlay for a better chance at winning your combo bet.
Example: Example PARLAYS are based on a wager of $100 with all bets having even (+100) odds. The sportsbook will calculate potential payouts for your parlay for review before you lock in your wager. Green check = Bet won.
LIVE BETTING
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CASHOUT
What is a CashOut?
CashOut is a live betting feature that allows players to grade existing wagers before the game is over.
Why cash out early?
Players use CashOut to secure a return prior to the end of a game. You can also CashOut an existing wager prior to the start of a game.
LIVE BET
What is Live Betting?
Players can wager on games as they happen with updated lines that reflect the current score of the game.
Why Bet Live?
Live Betting is an exciting option that allows players to react to the action as it unfolds.
NOTE: Players can live bet on spreads, moneylines, totals and props during the game where available.
FUTURES & PROP BETS
MORE WAYS TO PLAY
What is a FUTURE?
A futures bet is a speculative play on the outcome of an event occurring in the future. The easiest example to provide is betting on the Super Bowl champion prior to, or during, the regular NFL season.
What is a PROP BET?
Wager on a specific occurrence happening, or not happening, within a game. ‘Prop’ is short for proposition. These are also known as ‘side bets’.
PLAYER PROPS
Bet on whether or not a player achieves a specific metric within a game. “Player X will score a touchdown - Yes -110 / No -105” is an example.
GAME PROPS
Bet on a specific outcome within a game. “Will there be overtime? Yes +500 / No -250” is an example of a game prop. Spread, moneyline and total betting on quarters and halves are also found under game props.
NOTE: Prop betting is available as a pre-match wager, and is also available in live betting where available.
TwinSpires' Introduction to Betting on Racing
For a map on the landscape of basic Horse Racing bets and terminology, check out the Horse Racing & Greyhound Bet Types.
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Thursday Thoughts with Jason Beem for Feb. 20, 2025
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STUDY: Does jockey experience influence win rates and earnings?
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Scully: Playing the All-Stakes Pick 4 on Friday’s Belmont at Saratoga program
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Betting Info
Hoosier Park harness racing plays for May 19
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Betting Info
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Betting Info
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Betting Info
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Betting Info
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Betting Info
Hoosier Park harness racing plays for May 5, 2021
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Betting Info
Harness Weekly Update: Dexter, Buckeye Wins & Exotics
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Betting Info
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Betting Info
Hoosier Park harness plays: April 28
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Betting Info
Harness Weekly Update: Six Double-Digit Wins Top Plays
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Betting Info
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Hoosier Park harness plays for April 21
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Betting Info
Harness Weekly Update: Tall Prices Fall Short; Public Scores
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Betting Info
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Betting Info
Harness Racing: $1.00 Pick 3 at Yonkers Raceway
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Betting Info
Harness Racing: Yonkers Pick-3 selections for Feb. 1
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Betting Info
Harness racing: A Northfield Pick 3 on tap for Saturday
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Betting Info
Woodbine Mohawk Park: Harness racing picks for Dec. 14
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Betting Info
Harness racing: Jugette Day picks for Sept. 23
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Betting Info
Little Brown Jug returns to Delaware Ohio Fairgrounds
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Betting Info
How to bet the Simcoe Stakes (Sept. 11)
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Betting Info
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Betting Info
Shapiro's Saturday early Pick 5 analysis at Saratoga
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Betting Info
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Betting Info
Australian harness racing: More from Redcliffe
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Betting Info
Australian harness racing: Albion Park analysis
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Betting Info
Churchill Downs: How to bet the late Pick 4 on June 6
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Playing a Pick 3 on Santa Anita Derby Day
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Churchill Downs: How to bet the $500,000-guaranteed Pick 5
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BetAmerica’s horse racing pick of the day: May 25, Churchill Downs
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Santa Anita: Graded stakes plays for Memorial Day
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BetAmerica’s horse racing pick of the day: May 13, Fonner Park
Weekday picks and plays for Thoroughbred racing.
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BetAmerica’s horse racing pick of the day: May 11, Will Rogers
Weekday picks and plays for Thoroughbred racing.
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Tokyo Racecourse: Spot plays for NHK Mile Cup day
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BetAmerica’s horse racing pick of the day: May 7, Gulfstream Park
Weekday picks and plays for Thoroughbred racing.
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BetAmerica’s horse racing pick of the day: May 6, Tampa Bay
Weekday picks and plays for Thoroughbred racing.
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BetAmerica’s horse racing pick of the day: May 4, Will Rogers
Weekday picks and plays for Thoroughbred racing.
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BetAmerica’s horse racing pick of the day: April 27, Fonner Park
Weekday picks and plays for Thoroughbred racing.
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BetAmerica’s horse racing pick of the day: April 14, Will Rogers
Weekday picks and plays for Thoroughbred racing.
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Picks and plays: Oka Sho highlights weekend racing in Japan
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Oaklawn Park spot plays: Pick 3 for April 4
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BetAmerica’s horse racing pick of the day: April 2, Oaklawn Park
Weekday picks and plays for Thoroughbred racing.
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BetAmerica’s horse racing pick of the day: April 1, Will Rogers
Weekday picks and plays for Thoroughbred racing.
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BetAmerica’s horse racing pick of the day: March 31, Fonner Park
Weekday picks and plays for Thoroughbred racing.
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BetAmerica’s horse racing pick of the day: March 30, Fonner Park
Weekday picks and plays for Thoroughbred racing.
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Thoroughbred racing: Weekend spot plays for Oaklawn Park
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Racing
BetAmerica’s horse racing pick of the day: March 26, Oaklawn Park
Weekday picks and plays for Thoroughbred racing.
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BetAmerica’s horse racing pick of the day: Mar. 25, Fonner Park
Weekday picks and plays for Thoroughbred racing.
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Pros and cons of multi-race wagering strategies
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Racing
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How to bet the Rebel Stakes
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How to bet the Jeff Ruby Steaks
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How to bet the Gotham Stakes
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How to bet the Southwest Stakes
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Betting a cold Pick 3 on Saturday at Fair Grounds
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Racing
How to bet the second division of the Risen Star
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Blackberry Wine stands out first division of Risen Star
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Oscars upsets: Parasite will win Best Picture
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Betting Info
A guide to moneyline betting for Oscars bettors
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Betting Info
Jackpot carryovers on the line at Aqueduct, Fair Grounds
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