What is the Ladder Bet and How Does it Work

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Beginner’s Tips to Understanding Parlay

You may be confused as to what that means. For years it was a battle cry amongst my roommates and me, particularly during football season, and when you got to yell it, chances were you were buying drinks that night. But what does it mean, and what’s a parlay?

What is a Parlay?

A parlay is a type of sports bet in which you combine multiple individual bets (typically 2-10 bets) into one bet or “card.” Combining the bets gives you worse odds to win, but a larger reward for winning. The larger the amount of wagers included in your parlay, the larger the payout.

In order for a parlay bet to win, you must win each individual bet on the card. For instance, let’s say I bet the Patriots, the Ravens and the Texans all to win their games on any given Sunday. If all three win, I will get a much larger payout than if I just bet each game individually. However, if any of those teams lose their bet, the entire card is lost.

The only exception is in the case of a “push,” which is the gambling term for a tie. If one of the games on the card pushes, that wager is removed from the parlay. So, in the case of our three team bet above, if the Ravens tied their game, it becomes a two bet parlay. If the Patriots and Texans then win their games, the bet pays out as a 2 team parlay. The payout will be smaller than if they all three won, but hey, you still win some money!

While the odds of winning large parlays (5-10 wagers combined) are relatively low, they allow you to risk a small amount of money for a potentially large reward. For instance, a 10 team parlay bet purchased for $25 would pay out over $16,000 if you won every game.

Now that you understand the basics, let’s look at what kinds of bets you’ll be pairing together to make your fortune!

Types of Parlays

Over/ Unders

Over/Under bets (or bets on the “total) are wagers made on the total amount of points that will be scored during any given game by both teams. The sports book sets the “line,” which is the number you will be basing your decision on. You bet on whether you think the total amount of points scored will be over or under that number.

Over/Under, or Totals, bets are very common in betting parlays because they allow you to make multiple bets on the same game. A common strategy is to bet which team you think will win, and then parlay that bet with whether you think the game will go “under” or “over.”

So, let’s say your Uncle Tony got a tip that Aaron Rogers has a secret shoulder injury, and it will be difficult for Green Bay to throw the ball. The line is set a 53.5. Plus, they are playing the Browns, so you still think they will still win. You may want to bet Green Bay and the under. So you are betting that Green Bay will win the game, but it may be lower scoring due to the injury, and thus the total points scored by both teams will be less than 53.5.

You may have noticed the half a point I included in the example above. In sports betting these half points are called “the hook.” The sportsbooks use half points for most bets, especially over/unders, which limit the opportunities for a push. They “hook” bettors into one side of the bet or the other.

Point Spreads

Point Spreads, commonly referred to just as “the spread,” are what makes sports betting interesting. Without them, we could all just bet the favored team every week, make a lot of money and break Vegas within a month.

A point spread evens the playing field between teams by taking points from the favored team and giving them to the underdog. So, for instance, the Chiefs are playing the Colts in what is expected to be a tightly contested game. The Colts are favored to win by a field goal.

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On the sportsbook board, or the betting site, this would look like “Colts -3” or “Chiefs +3,” depending on which side you wanted to bet. So, if you bet the Colts -3, but the Colts win by 1, you actually lost that bet by 2 points. If you bet the Chiefs +3, congratulations, you won!

How many points the underdog gets, or the size of “the spread,” depends on how mismatched the teams are. In the NFL, the spread rarely goes about 13.5 or so, but in sports like college football, you routinely have teams cover 60 point spreads.

While the point spreads themselves add a degree of complication to the bets, there are additional options that can really add to the fun. They’re called Teasers and Pleasers—my heart rate picks up a little just typing those words out for you!

Teasers

As far as I’m concerned, Teaser parlays are the greatest thing to happen to sports betting since the invention of the online casino. A teaser bet allows you to move that point spread that we discussed above in a way that’s favorable to you, the bettor (typically between 6 and 7.5 points). You get less of a payout if you win a teaser parlay, but it does improve your odds of winning.

So, in the example of the Colts and the Chiefs above, we had the Colts favored by 3 points. If you “teased the line” 6 points, then you’d move that Colts spread from -3 to +3.

You add 6 points to the spread that’s already given. Now you have a bet on the team that’s already favored, and now you win your bet whether they win outright as is predicted, or if they lose by less than 3. I like your chances!

What’s even better is that you don’t have to just tease the point spread, you can tease the total or over/under as well! So, if the point spread was 53.5 as it was in our example earlier, you could tease that line all the way down to 46.5 (7 point teaser), and then bet the over. Or, you could bet the under by moving the over/under up to 60.5. Like taking candy from a baby.

Pleasers

Since Pleasers are only done on parlay cards, you’ll need at least 1 more wager. In this example, let’s use our pleaser bet to move that over/under up to 61 and bet the over. So now, you have a Pleaser Parlay with the Colts -10.5 and the Over, which is now 61. As a sports bettor I wish you luck; as a Texans fan I hope you lose.

Moneyline

Moneyline bets are the last little wrinkle to parlay betting that we will discuss here. These bets remove the point spread from the equation. It’s a bet based straight up on the winner and loser of the event. It’s you saying “I don’t care about all those numbers and that other mumbo jumbo; I think my team is going to win and that’s that!”

Moneyline bets can be very profitable if you can predict an upset. However, if you bet the favored team moneyline, the payout will be less. How much less depends on how largely favored the team you bet on is.

You are able to mix moneyline bets with point spread bets on a single parlay, however you cannot mix them with either teaser/pleaser bets. On those cards, if one wager is teased/pleased, you must tease/please them all.

What Is “Whole Brain Teaching” and Does It Work?

Teachers are always looking for new techniques that can more fully engage their students’ attention and mental capabilities. While many concepts are tested and abandoned, one technique, known as Whole Brain Teaching (WBT), is gaining popularity, and some teachers are campaigning to have it more widely implemented in classrooms nationwide.

First developed in 1999, Whole Brain Teaching promotes a high-energy, hyper-focused method where teachers use game-like challenges, key words, and motivational methods, while eliciting continuous spoken responses from their students to keep them fully engaged every minute.

According to educator, Nakia Nicholson, principal of the education-based non-profit The Children’s Guild, the value of Whole Brain Teaching is that it continually engages students’ brains and keeps them attentive. This way, students “don’t have any downtime to be disruptive or engage in activity that’s not related to what they’re supposed to be learning,” Nicholson says.

Whole Brain Teaching: How It Works

Designed for students of all ages, from kindergarten through college, Whole Brain Teaching maximizes student engagement by focusing on mimicry, which is a natural way for the brain to learn. This is coupled with an intense, in-the-moment teaching method that compels constant attention from students. From the beginning, the teacher introduces the basic rules to the class, a little bit at a time, and students are trained to listen and respond within the framework of those rules.

For example, when the teacher says “Class,” students must instantly respond “Yes!” In many instances, students must also repeat words exactly as the teacher says them (for example, if the teacher says “Class, Class!” then students must respond “Yes, Yes!”). In another core element, teachers use a scoreboard game with rewards, motivating students to pay attention so that they can win points. All of the elements used in Whole Brain Teaching are designed to mitigate inattentiveness and curb disciplinary disruptions, as students are required to respond out loud to everything the teacher is doing and saying. The intention is to keep them attentive and engaged—and to do so in a highly entertaining way.

Does Whole Brain Teaching Get Results?

According to one California elementary school, math and language test scores increased by 11 percent after WBT was implemented in classrooms. On the other hand, Whole Brain Teaching also has its share of critics, including those who fear that this is a type of educational “conditioning” that at worst suppresses individualism, and at best won’t work for some students—especially those who are shy or introverted, or who are more gifted.

The teaching method has become increasingly popular however. Today, Whole Brain Teaching is now being utilized in many countries, and attracts a following among parents and educators.

Is Whole Brain Teaching Right for Your Child?

Parents will know best whether Whole Brain Teaching might be effective for their children. For students who are easily bored and have trouble being motivated, this energetic, entertaining approach might provide the motivation they need. But if your child prefers to quietly listen in class, this program may not be helpful.

If you think your child might benefit from a teaching method that differs from the one they are currently receiving, visit K12.com to read about the personalized learning students receive at K12-powered virtual schools. Online learning may be a great option for your student!

Spot betting: How does it work?

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The latest allegations against some members of the Pakistan team relate to “spot betting” – a form of gambling largely unknown in the UK but very popular elsewhere in the world, particularly in South East Asia.

Q: So what exactly is spot betting?

A: In conventional betting, punters bet on the overall outcome of the match or race. Examples include picking the winner of the 2.15 at Aintree, or the correct scoreline at Old Trafford between Manchester United and Arsenal.

Spot betting, though, sees gamblers staking their money on the minutiae of sporting encounters. Anything from the exact timing of the first throw-in during a football match to whether the first ball of a cricket match will be a wide or a no-ball.

Q: Are spot bets more of a threat to a sport’s integrity?

A: Quite possibly, simply because outcomes can be decided by one corrupt individual. For example if you wanted a team to deliberately lose a football match, you would probably need to get at least three or four players on board. To load the dice in your favour with a spot bet, however, you just need to persuade a cricketer to deliberately bowl a wide or no-ball at a pre-arranged time.

Q: Is cricket more susceptible to scams than other sports?

A: It is certainly true to say that there are almost limitless markets in cricket, from predicting the number of runs scored in a specific 10-over period, to guessing the number of runs scored by a specific player in an innings or the number of no-balls.

An unscrupulous pair of batsmen could, for example, start their partnership very aggressively and perhaps put on 40 runs in their first five overs together. If the original prediction for the first 10 overs was 50, then clearly most punters would, after the first five overs, revise their 10-over estimate upwards.

But were the batsmen then to play conservatively for the remaining five overs, blocking every delivery, they (and people in on their illegal plans) would make a fortune from sticking to the original estimate of 50.

But it’s not just cricket. Former Southampton and England footballer Matt Le Tissier admitted in his autobiography to trying to “make a few quid on the time of the first throw-in” in a 1995 match against Wimbledon.

He decided to kick the ball out of play as soon as possible after kick-off in order to maximise his profit from the bookies’ prediction of the first throw-in being after 70 seconds.

Le Tissier’s plan didn’t work out though, because a team-mate who was unaware of the plan, somehow managed to keep the ball in play. The longer it stayed on the pitch, the more money Le Tissier stood to lose. “I have never run so much in my life,” he recalls, trying desperately to get the ball out of play.

Q: We hear a lot about spread betting these days. But what is that, and is it related to spot betting?

A: Traditionally, bookies were the ones who set the odds and punters could either take the price on offer or search elsewhere. But with spread betting, anybody can effectively set themselves up as the bookmaker. Take for example our earlier example of the number of runs to be scored in a 10-over period of a cricket match.

Everybody on a spread betting website will have their own opinion on how many runs they think will be scored. When you put them together, you will get an average prediction, for example 50. Spread betting firms make their money by introducing a “margin” around that average, and will say the “spread” is, say, 48 to 52 runs.

Punters who think there will be less than the spread “sell” runs for an amount of their choosing per run, and those who think more runs than the spread will be scored “buy” runs.

In our example, our punter “sells” at £5 per run. So if there are only 45 runs scored in the 10 overs he will win £5 x (48-45) = £15. But if there are 60 runs scored he will lose £5 x (60-48) = £60. The spread constantly moves according to how the game is evolving.

So if the batsmen start aggressively and have made 40 after five overs, the spread will increase to say 75 to 79 runs. So you can see just how lucrative it could be for corrupt cricketers to “sell” at 75, score no more runs for the remaining five overs, and then pocket 35 times their unit stake.

Q: Just how popular is spot betting?

Gambling is illegal in cricket-mad Pakistan and highly restricted in India. But that doesn’t stop criminal gangs setting up illegal markets eager to exploit the recent explosion in satellite television coverage of live cricket from around the world. So people in Mumbai and Lahore find it as easy to bet on English one-day matches as they do on domestic fixtures. Somewhere in the world there is always likely to be a match on which to bet.

The sports journalist G Rajaraman, who wrote Match-fixing: The Enemy Within, says there are enormous betting syndicates, perhaps with connections in the underworld. He says that at one time they were based in Dubai, Karachi, Mumbai and Delhi.

But now police believe they have spread to other Pakistani and Indian cities as well as to Kuala Lumpur in Malaysia.

Illegal bookies are more easily able to avoid detection these days because of the universality of mobile phones and the increasing proliferation of smartphones. Before, it was relatively easy for the police to raid an address associated with a landline, but tracking down a mobile phone is much harder.

Q: What do legitimate bookmakers think about spot betting?

A: Clearly, the more markets there are, the more scope for profit there is. But that relies on sport being legitimate. Just as sport is made meaningless if you find out that one team are not giving it their all, if would-be gamblers think their sport is rigged, they won’t bother betting on the outcome. And that would obviously affect bookies’ profits.

William Hill’s director of media relations, Graham Sharpe, said: “We are always aware of the potential for outside interference, and that influences our choice of markets (in which we operate).

“But responsibility (for ensuring events are clean) rests with sports’ governing bodies ultimately.”

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