The Most Ways to Bet on Sports - Guaranteed
The most popular sports to bet on are NFL and college football along with NBA and NCAA basketball, followed by Major League Baseball and NHL. We also post odds on Tennis, NASCAR, F1 Racing, Boxing, Soccer, and Golf.
Our Weekly Half Price Odds Sale
Half Price Odds on Fridays (only 5% juice) on NCAA and NFL Football games and NCAA and NBA Basketball games, as well as NBA games on Mondays. Lay less to win more!
Raging Parlay Odds (regular odds in parentheses) at 5%
2 teams - 2.8/1 (13/5)
3 teams - 6.4/1 (6/1)
4 teams - 13.5/1 (10/1)
5 teams - 27.4/1 (25/1)
6 teams - 54/1 (40/1)
7 teams - 107/1 (75/1)
8 teams - 210/1 (150/1)
9 teams - 411/1 (300/1)
10 teams - 804/1 (700/1)
11 teams - 1,570/1 (1,100/1)
12 teams - 3,066/1 (1,800/1)
Note: Some selected lines are excluded from this promotion at the lines-makers discretion.
$100,000 Challenge
Pick 13 teams, wager $25, and when they all hit, you win $100,000! it's the Ultimate Payoff.
There is no limit on how many individuals can win and there is no limit on the number of entries.
Note for Challenge Bets Only: A push or tie is considered a loss and the bet does not win. Same wager cannot be made twice.
Sides Bets: The most basic wager is on a game’s outcome (also called betting the side). Point spreads (or run-line or puck-line) are used in an attempt to even the attractiveness of each team in a match-up. Sides bets involves a single individual wager on a team to cover the point spread. If the event ends up in a tie, the bet is considered a push, and your initial wager is returned to you in full.
Moneyline: Oddsmakers use the money line so that more money must be risked on the favorite or expected winner and less money on the underdog to balance the action on both sides. While money line gambling is an attractive option for football and basketball bettors who only care about picking a winner, it is the primary option for those bettors who enjoy wagering on MLB baseball and individual sports like hockey, boxing, tennis, golf and racing events such as NASCAR and F1.
Totals: Another bet across all major team sports including football, basketball, baseball, and hockey involves wagering on the amount of scoring in a game, called an Over/Under total. For example, the Over/Under total on Super Bowl XXXIX was 48, which means a bettor could wager whether there would be more or less than 48 points scored by both teams combined in the game.
The final score of Super Bowl XXXIX was 24-21; the scoring of both teams added up to 45, which means the game went Under. So Under bettors won, and Over bettors lost.
Futures: Betting sides and totals are the most common wagers available everywhere, but we offer future bets on big upcoming events like who will win next year’s Super Bowl and what movie will win Best Picture at the Academy Awards.
The main advantage of futures is that you can get appealing odds by betting far in advance. For example, with NFL futures you often can get much higher odds on a team by betting before the season even starts. A NFL future bet on a team to win the Super Bowl might be 20/1 in the preseason; but by mid season, their odds might decrease to 10/1 if they turn out to be legitimate championship contenders.
Proposition Bets (or Prop Bets): Proposition bets, also known as prop bets, focus upon the more exotic aspects of a game and are generally reserved for events that are widely televised. Prop bets are extremely popular when it comes to wagering on the Super Bowl in Las Vegas. The Imperial Palace Casino’s sportsbook is well-known for the enormous number of prop bets offered. For example, you can bet on:
What team will win the coin toss.
What player will score the game’s first touchdown.
What will be the exact margin of victory.
Parlay Bets: A parlay is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay bet is much better odds than placing each individual bet separately since the difficulty of hitting it is much higher.
| Teams |
Friday at Nickel Odds |
Regular Parlay Odds |
| 2 Teams |
2.8/1 |
13/5 |
| 3 Teams |
6.4/1 |
6/1 |
| 4 Teams |
13.5/1 |
10/1 |
| 5 Teams |
27/1 |
25/1 |
| 6 Teams |
54/1 |
40/1 |
| 7 Teams |
107/1 |
75/1 |
| 8 Teams |
210/1 |
150/1 |
| 9 Teams |
411/1 |
300/1 |
| 10 Teams |
804/1 |
700/1 |
| 11 Teams |
1,570/1 |
1,100/1 |
| 12 Teams |
3,066/1 |
1,800/1 |
Progressive Parlays: In 1997 we invented the Progressive Parlay three years ago and continues to dominate the competition in Payout Value. There are currently very few sportsbooks that offer Progressive Parlays and you will not find these anywhere in Las Vegas.
How does a Progressive Parlay work? In fact, it's quite simple. In exchange for not getting quite as big a payout for picking a perfect combination, you are getting insurance for those rare occasions when one or more or the teams in your parlay losses.
| Teams |
All Win |
1 Loss |
2 Losses |
3 Losses |
| 4 Teams |
5/1 |
1/1 |
-- |
-- |
| 5 Teams |
11/1 |
2/1 |
-- |
-- |
| 6 Teams |
20/1 |
9/2 |
-- |
-- |
| 7 Teams |
40/1 |
4/1 |
1/2 |
-- |
| 8 Teams |
75/1 |
10/1 |
2/1 |
-- |
| 9 Teams |
150/1 |
20/1 |
5/2 |
-- |
| 10 Teams |
250/1 |
25/1 |
3/1 |
1/1 |
| 11 Teams |
400/1 |
60/1 |
5/1 |
1/1 |
| 12 Teams |
900/1 |
80/1 |
10/1 |
3/1 |
Note: Progressive parlay odds are based on point spread wagering options only. The payout calculations are based on these odds. Progressive parlays are not available for MLB, NHL or money line wagers in football and basketball.
A push or a tie is considered a loss and a No-Actioned bet would revert to the next lowest progressive parlay.
Teasers: Similar to a parlay, a teaser bet is a single bet that links together two or more individual wagers, but is different in that the point spread is adjusted to your advantage on each individual wager. In exchange for the points, you get less of a return on your bet compared to a parlay. For example, a 6-point teaser would move the line on a 7-point favorite from -7 to -1, meaning the team would have to cover 6 less points. Each of the individual wagers must win or the bet is a loss.
Buying Points: Buying Points allows you the ability to change the point spread of a football or basketball game. You can move the point spread so you get more points if you are betting the underdog or you give away less points if you are betting the favorite. For each half point that you change the point spread you need to pay an extra 10%.
So for example, if you are betting the Lakers -5 -110 (lay $110 to win $100), you can buy the Lakers a half point to -4.5 -120 (lay $120 to win $100). You can buy the Lakers a full point to -4 -130 (lay $130 to win $100).
Same theory is true for the underdog. If the Bulls are +4 -110, you buy the game to +4.5 -120 or +5 -130.
You can only buy a maximum of 3 points in Football and Basketball, both college and pro.
There is one special rule. When buying on or off the number 3 in the NFL, there is a premium cost of 20%, not 10%. So for example to move the Chargers from -3 -110 to -2.5, the new line will be -2.5 -130 (lay $130 to win $100). The same is true for the underdog, to buy Bears from +3 -110 to +3.5 will be -130 (lay $130 to win $110).
In-Running Wagering: Allows you to bet on games while in-progress. Odds will be opened and posted on the site under "In Running" once the game starts. Odds are then posted periodically through the duration of the game.
You are wagering on the final result.
- Wagers on "In Running" are based on the final result of the entire game.
- The betting limit for the entire "event" will be $1,500. If you wish to make multiple wagers throughout the event, please make them in smaller increments that do not exceed $1,500 in total.
- In running odds close during the last 2 minutes of each Quarter.
- Please be sure to click on "Update Current Odds" before placing your wager to insure you have the most current changes.
- All wagers are on the final game outcome, including any shoot-outs or overtime periods.
- The game must be complete for bets to be considered action. If a game is cancelled or postponed premature to its originally intended length of play, then ALL bets for the event are NO ACTION.
If-Bets: An If Win bet is an excellent choice for money management. You wager a fixed amount on one team, if that team wins, then the same amount as your original wager is placed on a different team.
Note: Limits are set to the same limits as the total for the event
For example, you can have a two team If Win Bet for $11 on the Bears and Giants. If the Bears win, you risked $11 to win $10 and now you have another $11 wager on the Giants. If they win, then you win another $10 for a total of $20 in winnings. If the Giants lose, then you lose $1, because you won $10 on the Bears and you lose $11 on the Giants. If the Bears lost, then you lose your original $11 and you have no bet on the Giants.
Here is an example of a four team If bet:
|
Bears
|
Giants
|
Rams
|
Cowboys
|
Grand Total
|
| Risk |
$11
|
$11
|
$11
|
$11
|
$11
|
| To Win |
$10 |
$10 |
$10 |
$10 |
|
| Scenario One |
Win
|
Win
|
Win
|
Win
|
|
| Result |
+$10 |
+$10 |
+$10 |
+$10 |
+$40 |
| Scenario Two |
Win
|
Win
|
Win
|
Lose
|
|
| Result |
+$10 |
+$10 |
+$10 |
-$11 |
+$19 |
| Scenario Three |
Win
|
Win
|
Lose
|
No Bet
|
|
| Result |
+$10 |
+$10 |
-$11 |
|
+$9 |
| Scenario Four |
Win
|
Lose
|
No Bet
|
No Bet
|
|
| Result |
+$10 |
-$11 |
|
|
-$1 |
| Scenario Five |
Lose
|
No Bet
|
No Bet
|
No Bet
|
|
| Result |
-$11 |
|
|
|
-$11 |
Your first wager must win in order for you to have action on the remaining wagers. If the first wager loses, there is No Action thereafter. You can put as many as 2 to 7 teams in an If Win bet.
How is an If Action Bet Different?
There is a simple difference between an If Win bet and an If Action bet. In an If Win bet your first wager must WIN in order for the next wager to have action. In an If Action bet each wager must WIN or PUSH (tie) in order for the next wager to have action. While the Push will result in neither a win nor a loss for you on that particular game, we will continue on to the next wager in your bet whereas in an If Win bet we would have stopped the bet at the Push.
Betting Limits: Minimum sports wager is $5 except on 10, 11 and 12 team parlays where the minimum wager is $1. Please call if you would like to place a wager greater than what is listed in the table below.
|
Previus Days |
OverNight |
Day Of Game |
| NFL Sides/Totals |
$5,500/$2,200 |
$1,100/$550 |
$11,000/$5,500 |
| NFL 1st Half |
$550/$220 |
$550/$220 |
$2,200/$1,100 |
| NFL 2nd half |
|
|
$2,200/$1,100 |
| NCAA Foot |
$1,100/$550 |
$1,100/$550 |
$5,500/$2,200 |
| 1st Half |
$550/$220 |
$550/$220 |
$2,200/$1,100 |
| 2nd Half |
|
|
$2,200/$1,100 |
| NFL/NCAAF 1st Quarter |
|
|
$550/$550 |
| MLB (World Series) |
$3,000/$1,500 |
$1,000/$500 |
$5,000/$2,000 |
| NBA |
|
$1,100/$550 |
$3,300/$1,650 |
| 1 Half |
|
|
$1,100/$550 |
| 2 Half |
|
|
$1,650/$550 |
| 1st Quarter |
|
|
$550/$550 |
| NHL |
|
|
$2,000/$1,000 |
| Arena Football |
|
|
$1,100$/550 |
| Canadian Football |
|
|
$1,100$/550 |
| Other limits |
|
Football Teasers and Parlays |
$2,000 |
NFL Propositions |
$500 |
Other Propositions & Futures |
$500 |
| NCAAB Sides/Totals |
$2,200/$1,100 |
| NCAAB 1st and 2nd Halves Sides/Totals |
$1,100/$550 |
Other considerations
- 2 Team Parlay limit for First and Second half football is $200.
- Minimum wager is $5 and minimum deposit is $20
- On 10, 11 and 12 team parlays, the minimum bet is $1
- Should a member feel that he would like to set his own betting limits per play, or prefer to exclude himself from using Hollywoodsportsbook.com for a specified period of time, please contact ">
- Limits can be raised by sending an email to ">
- During Playoffs, maximum betting limits are increased
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