An Action Points wager allows the bettor to maximize the payoff of a large straight wager while minimizing the risk. The wager will pay off for each point your team covers over the spread or be liable for each point they don’t cover by. A point cap (total points in “action) is selected as well as value for each point. The wager is on the amount of points over or under the point spread the team chosen will win by (or not lose by in the case of an underdog). The odds are the same as a straight bet, -110 or each $11 risked pays out $10. The wager is a wise way of minimizing your risk in a game where you believe the lines are not an accurate prediction of the outcome of the game (a big upset or a big blowout).
Rules
Ø You can only have one play per action point wager.
Ø You may only make action point wagers on the complete game on the spread or the total, not any fraction of the game (first half, half time, quarters, etc.)
Ø Circled contests may not be wagered on an action point play
Ø Football and basketball are the only sports action point wagers can be placed on
Ø In the event the contests included in an action point is canceled, postponed or there is a push on the line, the wager will be canceled and all wagers refunded.
Ø There are no buying points on Action point wagers.
Example:
Let’s say I’m a Minnesota Vikings fan and they are playing the Chicago Bears in an NFL match up. I think the Vikings are going win and destroy the Bears but I don’t want to risk a large amount of money if they don’t. The line is and wager setup are as follows:
Chicago
Minnesota -3 (favored to win by 3 points)
Value per point: Risk $11 to Win $10
Point cap: 20 points
In simple terms I am betting that the Vikings will win by more than 3 points and possibly as many as 23 points.
Outcome 1: Let’s assume the Vikings do win by 21 points. Subtracting the point spread the Vikings were favored by means that they beat the spread by 18 points (Win by 21 points -.3 point favorite = 18 points). At $10 per point, I win $180.
Outcome 2: Let’s assume the Vikings lose big by 24 points. Adding the point spread the Vikings were favored by because they lost means that they lost by 27 points (Loss by 24 points + 3 point favorite = 27 points). At $11 per point I lose $220, only because the point cap or total points in “action” was limited to 20 (20 x $11 = $220).
Outcome 3: Let’s assume the Vikings lose by 3 points. Adding the point spread the Vikings were favored by because they lost means that they lost by 6 points (Loss by 3 points + 3 point favorite = 27 points). At $11 per point I lose $66 (6 x $11 = $66).
Had I placed a straight bet risking $220 to win $200 then the three outcomes above would have results in the following:
Outcome 1: I win $200
Outcome 2: I lose $220
Outcome 3: I lose $220
This illustrates the advantage of an Action Point wager. I would have won $20 more in the first example but would have lost $154 more in the last example. By placing an Action Point wager rather than a straight bet I minimize the risk I take in losing.
Rules
Ø You can only have one play per action point wager.
Ø You may only make action point wagers on the complete game on the spread or the total, not any fraction of the game (first half, half time, quarters, etc.)
Ø Circled contests may not be wagered on an action point play
Ø Football and basketball are the only sports action point wagers can be placed on
Ø In the event the contests included in an action point is canceled, postponed or there is a push on the line, the wager will be canceled and all wagers refunded.
Ø There are no buying points on Action point wagers.
Example:
Let’s say I’m a Minnesota Vikings fan and they are playing the Chicago Bears in an NFL match up. I think the Vikings are going win and destroy the Bears but I don’t want to risk a large amount of money if they don’t. The line is and wager setup are as follows:
Chicago
Minnesota -3 (favored to win by 3 points)
Value per point: Risk $11 to Win $10
Point cap: 20 points
In simple terms I am betting that the Vikings will win by more than 3 points and possibly as many as 23 points.
Outcome 1: Let’s assume the Vikings do win by 21 points. Subtracting the point spread the Vikings were favored by means that they beat the spread by 18 points (Win by 21 points -.3 point favorite = 18 points). At $10 per point, I win $180.
Outcome 2: Let’s assume the Vikings lose big by 24 points. Adding the point spread the Vikings were favored by because they lost means that they lost by 27 points (Loss by 24 points + 3 point favorite = 27 points). At $11 per point I lose $220, only because the point cap or total points in “action” was limited to 20 (20 x $11 = $220).
Outcome 3: Let’s assume the Vikings lose by 3 points. Adding the point spread the Vikings were favored by because they lost means that they lost by 6 points (Loss by 3 points + 3 point favorite = 27 points). At $11 per point I lose $66 (6 x $11 = $66).
Had I placed a straight bet risking $220 to win $200 then the three outcomes above would have results in the following:
Outcome 1: I win $200
Outcome 2: I lose $220
Outcome 3: I lose $220
This illustrates the advantage of an Action Point wager. I would have won $20 more in the first example but would have lost $154 more in the last example. By placing an Action Point wager rather than a straight bet I minimize the risk I take in losing.
Wil and Hache had my answers, no reduced juice, that eats you up, and pleasers have no downside, just have to connect a couple. My OMNIVOROUS approach does not include action points, or pleasers at this point. I think they are more for entertainment. Prefer in-game or interactive betting. Best Wishes...OF
Disclaimer: I by no means am saying you cannot earn on them, I just have other areas I am more confident in. Like buying options in stock market. Brutal watching your position get crushed by 3 or more td's.
Disclaimer: I by no means am saying you cannot earn on them, I just have other areas I am more confident in. Like buying options in stock market. Brutal watching your position get crushed by 3 or more td's.
I haven't really looked into the action points thing but I have known of them for some time now....
My first thoughts about these.....Is there any way to set up a middle of sorts by betting the favorite ats and taking the dog on action points, or vise-versa????
What about moneyline wagers where the pointspread is close to even....
I'm guessing the books have this angle figured out and not much profit exists to make this a viable option, but how does the math correlate to this????
My first thoughts about these.....Is there any way to set up a middle of sorts by betting the favorite ats and taking the dog on action points, or vise-versa????
What about moneyline wagers where the pointspread is close to even....
I'm guessing the books have this angle figured out and not much profit exists to make this a viable option, but how does the math correlate to this????
Good point. There is still a good opportunity to make money on these until the BM's wiseup. Convinced several locals to carry them around my parts. I love them. On the superbowl I bet the under Olympics clerk thought I meant baby dollars. All it took was one phone call and they gave me credit even though on the tape I did in fact say 5 dollars.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by wilheim:
Problem with action points is players lose any chance to play at reduced juice. Action points come under the prop or exotic bet category and use 11 to 10 lines.
wil.<HR></BLOCKQUOTE>
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by wilheim:
Problem with action points is players lose any chance to play at reduced juice. Action points come under the prop or exotic bet category and use 11 to 10 lines.
wil.<HR></BLOCKQUOTE>
