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DES PLAINES, IL (March 2, 2020) - Don't understand your over-under from your moneyline and confused about how to parlay your interest in sports with positioning a bet at a recently legalized Illinois sportsbook? Fear not. At Rivers Casino Des Plaines' soon-to-be-open BetRivers Sportsbook, resident specialist Ross Sansone is making it simple for you.
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"The sports wagering terms can daunt even the greatest sports fan, however with a few guidelines, you can have a lot of enjoyable and win some cash-- and you don't even have to bet versus your favorite group, even if they are the underdog," Sansone stated.

As Illinois gets ready for sports betting to start in time for college basketball's "March Madness" competition, BetRivers' Sansone, known to some as "Rivers Ross" is providing a "Sports Betting 101" overview of the fundamentals for each bet that can be made and meanings of common terms.

Sansone states there are 4 primary types of bets that Illinois homeowners 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 selecting the winning team," he stated. The preferred team is the group anticipated to win. This side of the bet is normally signified with a minus "-" sign. The underdog team on the moneyline is the team that's anticipated to lose, usually noted with a plus "+" sign. The signs assist you quickly figure out how each side will pay, if that side wins: The minus indication means the payment will be less than the initial bet, the plus means the payout will be more than the initial bet. Reading the odds for a money 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 group is revealed -160 that suggests they're a preferred (expected to win). You'll need to make a $160 bet to be paid $100 in payouts if that team wins.

Example: The Chicago Bears are playing the Green Bay Packers and the Packers are preferred to win at -120. If you choose to wager for the Packers, and you wanted to win $100, you would have to wager $120.

2. Point Spread

"A point spread bet has ended up being more and more popular. When you wager 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," . Similar to a moneyline bet, the "+" sign represents the underdog group and the "-" represents the favorite group. But in a point spread bet, another number is included. That is the number of points a group needs to win by for you to win your bet. There is usually an additional number in parentheses that informs you what the payout will be if you win.

Example: If the Chicago Bears are the 8.5 preferred (-8.5) over the Detroit Lions (+8.5 ), maybe you want to place a $100 bet on Chicago winning and covering the spread. In this theoretical game, if Chicago wins by 9 points the Bears would not just win the video game, however you would win your bet. If the Bears just win by 6 points-maybe because they "double-doinked" a field goal in the closing seconds-you would lose your point spread bet. "When you hear someone say 'my group didn't cover,' they are describing losing a point spread bet," he stated.

3. Over/Under

An Over/Under bet is a wager on the combined overall variety of points scored by both teams in a video game. That's why it's typically called a "overalls" bet. "You're just trying to predict whether the overall points scored in a game will be greater or lower than a set number. It's an amazing way to wager on the action of a game without selecting 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 teams includes up to 38 or more, the "over" wins. If the total is 37 or less, the "under" wins. A distinct element of an over/under bet, according to Sansone, is you can have a tie. "Occasionally, the total is set as an entire number. Using the Bears vs. Packers example once again, if the over/under is 38 and the combined point total 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 links together 2 or more private bets. If any of the bets in the parlay lose, the whole parlay loses. But if all the connected bets win, the parlay wins - and the payments can be huge. "It's an example of higher risk for higher benefit," said Sansone.

Vernacular

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

Some of those phrases consist of:

● Bad Beat: Losing, frequently as a result of a last second rating.

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

● Betting line: The chances utilized to identify the payment of wagers, for example, the lines move as bets are made and group news like injuries are reported.

● Dime: A $1,000 bet.

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

● The pet: The underdog, or group anticipated to lose.

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

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

"Sports wagering has its own language, however don't get captured up in what other individuals say. These basic ideas-- in addition to just betting what you can manage to lose from your bankroll-- need to help 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 gaming a concern and takes this concern very seriously. While lots of are able to bet responsibly, there is a little portion of the population who can establish a major, often uncontrollable gambling problem. This can impact persons of any age, income, gender or race at any time.

To safeguard them and others affected by their behavior, Rivers Casino established a set of policies and standards which deal with concerns such as minor gambling, problem gambling, accountable marketing, and inappropriate use or abuse of alcohol.

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

● Employee education and training programs

● Self-exclusion policies

● Detailed composed procedures to recognize and manage these problems

● Use of outside professionals

● Customer and worker education and awareness

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

● Monitoring and determining compliance with results 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 developed and operate effective casinos in Niagara Falls, Ontario, Pittsburgh and Philadelphia, Pennsylvania, Des Plaines, Illinois (Chicago area) and Schenectady, New York. Rush Street Gaming and its affiliates has actually turned into one of the leading casino designers in the United States and operators of online gambling establishments and sports books. Additional info at: www.rushstreetgaming.com

About Rivers Casino Des Plaines

Rivers Casino Des Plaines is the most effective 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 home entertainment business anchored by its flagship event - The Kentucky Derby. The business owns and operates 10 local gaming centers in 8 states, as well as Arlington International Racecourse in Arlington Heights. ABOUT RUSH STREET INTERACTIVE Founded in 2012, Chicago-based Rush Street Interactive (RSI) launched its very first betting website, PlaySugarHouse.com, in New Jersey in September 2016. The company consequently made history by ending up being the very first operator in the United States to use a completely integrated online sportsbook and gambling establishment. In addition, RSI was the very first company to release legal online sportsbooks both in Pennsylvania (PlaySugarHouse.com) and Indiana (BetRivers.com) as well as being the very first to open a legal sportsbook in the state of New York (@ 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 likewise the exclusive authorities sportsbook partner for the Philadelphia Flyers & Wells Fargo Center. RSI was the first US-based gaming operator to launch a legal and regulated online sportsbook in Latin America (Rushbet.co in Colombia). Rush Street Interactive is also the developer and operator of a leading social gaming platform currently deployed at the group's associated land-based gambling establishments and selected 3rd party partners. Rush Street Interactive was called "Mobile Operator of the Year" in The United States And Canada at the EGR North America Awards 2019 and "American Operator of the Year" & "Casino Operator of the Year" at the American Gambling Awards in 2019. For more details, go to rushstreetinteractive.com. About Churchill Downs Incorporated Churchill Downs Incorporated is an industry-leading racing, online betting and video gaming home entertainment company anchored by our renowned flagship event - The Kentucky Derby. We own and operate Derby City Gaming, a historical racing maker facility in Louisville, Kentucky. We likewise own and run the largest online horse racing betting platform in the U.S., TwinSpires.com, and we run sports wagering and iGaming through our BetAmerica platform in numerous states. We are also a leader in brick-and-mortar casino video gaming with approximately 11,000 slots and video lottery terminals and 200 table games in 8 states. Additional info about CDI can be found online at www.churchilldownsincorporated.com.
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