What is Centsports?

Centsports is a highly addicting, free, and legal online sports betting site. It was invented by Texas A & M students.

How Does it Work?

It's very simple. When you first sign up for CentSports, They will give you ten cents ($0.10) to bet with. You can use this to bet on almost any major college or professional sporting event (MLB, NBA and NFL games, etc.). Anything you win you keep and can use to place more bets, accumulating money as you go.
You can easily double, triple or even quadruple your money depending on the odds of the game and the teams. It may not sound like much but once you get over a few dollars you will earn fast.

Betting

Centsports tried to replicate what you can do at a standard sports betting site. You can make Standard Line-Bets such as over/under, point-spread, and Moneyline bets. In Fact, this site gets all types of bets straight from vegas. You can make any sports bet on this site like you could make in vegas with any sports bookie for the same odds.

If you would like some tips and stragtegies for betting, or any further information on the types of bets please refer to the blog archive on the right.

How Can Centsports Afford to Pay Everyone

Even know Centsports is free, they still make money to pay you and everyone else. They had to think of a way to make it so that the money you get is non-taxable and is not sport gambling. So they decided to have advertisers pay while you play. When an ad shows, the advertisers pay. If the site makes $1.00 per ad, they give you $0.90 of that keeping little income as possible so that all people are happy with payouts. It's a win win situation.

What if I Loose all of my Money?

Don't worry, they will give you another 10 cents for free so you can keep on betting. Because of the sponsors, your balance can never fall below 10 cents. You'll always have at least something to keep making bets with.

Payments

You can request a payment when ever your account reaches $10.00 which doesn't take long. Payments are sent by check, other meathods are coming soon. Payments are made only to the US, and Canada at the moment, and International payments are coming soon. This doesn't mean you can't play. Rack up a lot of money while they are working on international payments, and you could earn a lot in the free time.

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Monday, November 3, 2008

Betting Odds



Odds: You may have noticed that all three bets will often have a number in parenthesis next to them. These numbers are called the odds, and they determine your payout on bets placed. In the images above the money line example does not. This means that the odds are even and the amount that you bet is the same as the potential win amount. For games with odds other than even, they will have numbers with either a – or + sign. The standard example deals with one dollar:

For odds with a (–) sign your payout works as such: On a match that is -110 you would need to wager 1.10 for a potential win amount of 1.00

For odds with a (+) sign your payout works as such: On a match with +110 you would need to wager 1.00 for a potential win amount of 1.10

This example stays true throughout: -375 means that you wager 3.75 to win 1.00, and +375 would mean that you wager 1.00 to win 3.75. You don't necessarily have to risk a dollar; this is simply the ratio that is used to calculate your payout.

Parlays: A parlay is a bet that consists of multiple single bets. Parlays pay out more; however, you must win all of the single wagers within the parlay to win. Right now cross-sport parlays are not available.
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