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On the wire

Section · 9

Sports Betting

Bet types and market formats taken one at a time, with invented prices so the mechanics stay clear. A line is an estimate, never a forecast.

What Is a Futures Bet?

Futures are bets on outcomes decided far in the future, from league champions to season awards. Here is how outright prices work and what the long wait costs you.

What Is a Teaser Bet?

A teaser lets you shift the spread on two or more games by a fixed number of points. The catch: every leg has to land, and the price you accept is lower.