1 Press Release: Sports Betting 101
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DES PLAINES, IL (March 2, 2020) - Don't know your over-under from your moneyline and puzzled about how to parlay your interest in sports with putting a bet at a newly legalized Illinois sportsbook? Fear not. At Rivers Casino Des Plaines' soon-to-be-open BetRivers Sportsbook, resident expert Ross Sansone is making it easy for you.

"The sports wagering terms can intimidate even the biggest sports fan, but with a couple of tips, you can have a great deal of enjoyable and win some money-- and you don't even need to bet against your preferred group, even if they are the underdog," Sansone stated.
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As Illinois gets ready for sports wagering to start in time for college basketball's "March Madness" competition, BetRivers' Sansone, understood to some as "Rivers Ross" is supplying a "Sports Betting 101" summary of the fundamentals for each bet that can be made and definitions of common terms.

Sansone states there are four main kinds of bets that Illinois homeowners will have the ability to make.

1. Moneyline

"A wager on the moneyline is among the a lot of standard bets you can make. It's as easy as selecting the winning group," he stated. The preferred team is the group expected to win. This side of the bet is usually represented with a minus "-" sign. The underdog group on the moneyline is the team that's expected to lose, typically noted with a plus "+" sign. The indications help you quickly find out how each side will pay, if that side wins: The minus sign indicates the payment will be less than the initial bet, the plus means the payment will be more than the original bet. Reading the chances for a cash line bet is basic. If a team is +120, this implies they are the underdog. If that team wins, your $100 bet will win you an extra $120. If a group is revealed -160 that suggests they're a preferred (anticipated to win). You'll require to make a $160 bet to be paid $100 in earnings if that group wins.

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

2. Point Spread

"A point spread bet has actually ended up being increasingly more popular. When you bank on the point spread, it isn't on who will win or lose. It's a bet on just how much the win or loss will be," said Sansone. Similar to a moneyline bet, the "+" indication represents the underdog team and the "-" represents the favorite group. But in a point spread bet, another number is added. That is the variety of points a team requires to win by for you to win your bet. There is normally an extra number in parentheses that tells 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 ), possibly you desire to position a $100 bet on Chicago winning and covering the spread. In this hypothetical video game, if Chicago wins by 9 points the Bears would not only win the video game, however you would win your bet. If the Bears only win by 6 points-maybe due to the fact that they "double-doinked" a field objective in the closing seconds-you would lose your point spread bet. "When you hear someone state 'my team 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 total number of points scored by both groups in a video game. That's why it's frequently called a "overalls" bet. "You're simply attempting to anticipate whether the overall points scored in a game will be higher or lower than a set number. It's an interesting method to bank on the action of a game without selecting a winner or loser," Sansone added. 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 groups amounts 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 overall is set as a whole number. Using the Bears vs. Packers example again, if the over/under is 38 and the combined point overall 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 connects together 2 or more specific bets. If any of the bets in the parlay lose, the entire parlay loses. But if all the connected bets win, the parlay wins - and the payments can be big. "It's an example of higher threat for greater benefit," said Sansone.

Vernacular

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

A few of those phrases include:

● Bad Beat: Losing, often as a result of a last 2nd score.

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

● Betting line: The odds used to figure out the payout 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 event.

● The pet: The underdog, or team expected to lose.

● First-Half Bet: A wager on the 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 flip at the Super Bowl to the variety of touchdowns Kansas City Quarterback Patrick Mahomes will toss today.

"Sports betting has its own language, but do not get caught up in what other individuals state. These easy pointers-- in addition to only wagering what you can afford to lose from your bankroll-- should assist you have enjoyable at the BetRivers Sportsbook or at other sportsbook places," Sansone stated.

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Responsible Gaming Rivers Casino is devoted to make responsible video gaming a concern and takes this problem really seriously. While lots of are able to bet responsibly, there is a little part of the population who can develop a severe, often uncontrollable gambling problem. This can impact persons of any age, earnings, gender or race at any time.

To safeguard them and others impacted by their habits, Rivers Casino established a set of policies and guidelines which deal with problems such as underage betting, issue gaming, accountable marketing, and improper usage or abuse of alcohol.

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

● Employee education and training programs

● Self-exclusion policies

● Detailed written procedures to identify and handle these issues

● Use of outside experts

● Customer and employee education and awareness

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

● Monitoring and measuring 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 established and run successful casinos in Niagara Falls, Ontario, Pittsburgh and Philadelphia, Pennsylvania, Des Plaines, Illinois (Chicago location) and Schenectady, New York City. 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 information at: www.rushstreetgaming.com
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About Rivers Casino Des Plaines

Rivers Casino Des Plaines is the most successful gambling establishment in Illinois and collectively owned by Rush Street Gaming and Churchill Downs Incorporated ("CDI") (Nasdaq: CHDN). CDI is an industry-leading racing, online wagering and gaming entertainment business anchored by its flagship occasion - The Kentucky Derby. The company owns and runs 10 local video gaming facilities in eight states, as well as Arlington International Racecourse in Arlington Heights. ABOUT RUSH STREET INTERACTIVE Founded in 2012, Chicago-based Rush Street Interactive (RSI) released its first wagering site, PlaySugarHouse.com, in New Jersey in September 2016. The company consequently made history by becoming the first operator in the United States to provide a fully integrated online sportsbook and gambling establishment. In addition, RSI was the very first business to launch legal online sportsbooks both in Pennsylvania (PlaySugarHouse.com) and Indiana (BetRivers.com) in addition to being the very first to open a legal sportsbook in the state of New york city (@ Rivers Casino in Schenectady). RSI likewise operates in-casino sportsbooks at Rivers Casinos in Pittsburgh & Philadelphia, and most recently, at the historic French Lick Resort in Indiana. BetRivers.com is also the unique authorities sportsbook partner for the Philadelphia Flyers & Wells . RSI was the first US-based video gaming operator to launch a legal and regulated online sportsbook in Latin America (Rushbet.co in Colombia). Rush Street Interactive is likewise the developer and operator of a leading social video gaming platform presently deployed at the group's associated land-based gambling establishments and selected 3rd celebration partners. Rush Street Interactive was called "Mobile Operator of the Year" in North America 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. To find out more, check out rushstreetinteractive.com. About Churchill Downs Incorporated Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming home entertainment company anchored by our iconic flagship event - The Kentucky Derby. We own and run Derby City Gaming, a historic racing maker center in Louisville, Kentucky. We also own and operate the biggest online horse racing betting platform in the U.S., TwinSpires.com, and we run sports betting and iGaming through our BetAmerica platform in several states. We are also a leader in brick-and-mortar casino video gaming with around 11,000 slots and video lottery game terminals and 200 table video games in eight states. Additional information about CDI can be found online at www.churchilldownsincorporated.com.