Saturday, July 21, 2012

Action Points, What are they?


      There is a type of bet offered by some Sports Books that we have not talked about yet, it is called Action Points. Action Points can be very profitable, but as with all bets the bigger the profit the bigger the risk. Action Points are for the persons who thinks really that they can predict the number of points that his team will win the game by.

      How it works is that you will bet not only that your team will beat the “Point Spread”, but by how many points they will beat it by. You will be risking money on each of the points beyond the “Point Spread”. You must pick a “Cap”, which is the number of points that you are going to risk money on.

      This “Cap” tells the book your max risk amount, you must have this amount in your account. So if you set a cap of 5 points in a football game you must have $550 in your account if you risked $100 per point. Since Action points are only available in Football or Basketball and the odds with “Point Spread” bets are usually $110 to win $100. Most of the books allow you to set your “Cap” between 1 and 10 points.

      Remember the number points you bet on tells you both the max amount you can win or lose.

      Now this is how it works if you bet on the Buffalo Bills +5, with a cap of 10 points, and bet $100 a point. Your max Risk is $1,100 and the most you can win is $1,000, but you can lose up to the full $1,100 you risked. The bet will be graded on the number of points above the Line that your team wins by, or the number of points below the Line that they lose by.

       So if the Bills win the game by 10 points and the line was -5 you won your bet by 5 points and you would win $500. If the Bills win by 15 points you would win $1,000 because the “Cap” was 10 points. If the Bills win by 3 you lose $220, because they did not cover the Line of -5 and you risked $110 a point. And if they lose by 15 you would lose the max risk of $1,100 because your “Cap” stopped your losses at 10 points.

     So as you can see this can be a really great bet for growing your Bankroll but it can also really cost you if your team loses, as always in betting the greater the reward the bigger the risk. So if you use “Action Points” be very careful and don't go overboard with your bets.

      Remember they say the journey to anywhere starts with but a single step, well in Wagering your new Lifestyle starts with but a single bet, so get started today on the road to the lifestyle you want.

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