What Is Win Draw Win
- What Is Win Draw Win Powerball
- What Is Win Draw Win In Dafabet
- What Does Win Draw Win Mean
- Win Draw Win Prediction Tips
- What Is Win Draw Win The Lottery
Enter your New Jersey Draw Game tickets to collect symbols for a chance to win up to $10,000 and other prizes. Each Monthly Drawing will award: One (1) Grand Prize of $10,000 cash; Five (5) Second Prizes of $5,000 cash; Two hundred and fifty (250) Third Prizes of $100 TangoCard e-gift card. I am playing with black and have just called check on the white king. It is now the white players turn, no matter what move the white king makes it will lead to check. Does this mean black has won. What does 'Win Draw Win' mean? The term 'Win Draw Win' bet or 'Win Draw Win Market' refers to the match outcome market, primarily for football matches. That is, the result of a match (at full-time or 90 minutes) - whether it is a home win, draw, or away win.
The result in a game of cricket may be a 'win' for one of the two teams playing, or a 'tie'. In the case of a limited overs game, the game can also end with 'no result' if the game can't be finished on time (usually due to weather or bad light), and in other forms of cricket, a 'draw' may be possible. Which of these results applies, and how the result is expressed, is governed by Law 16 of the laws of cricket.[1]
Win and loss[edit]
A Win-Draw-Win Market lets you Bet on a team to Win or Draw at the end of 90:00 Minutes (plus referee stoppages). Click on the Team that you want to Win, or click 'Draw' if you want to Bet on a Draw.
The result of a match is a 'win' when one side scores more runs than the opposing side and all the innings of the team that has fewer runs have been completed.[1]The side scoring more runs has 'won' the game, and the side scoring fewer has 'lost'. If the match ends without all the innings being completed, the result may be a draw or no result.
Results where neither team wins[edit]
Tie[edit]
The result of a match is a 'tie' when the scores are equal at the conclusion of play, but only if the side batting last has completed its innings (i.e. all innings are completed, or, in limited-overs cricket, the set number of overs has been played or play is terminally stopped by weather or bad light).[1]
This is unusual in Test cricket: only two tied Tests have ever occurred.
Tiebreakers[edit]
In some forms of one-day cricket, such as Twenty20, a Super Over or a bowl-out is sometimes used as a tiebreaker to decide a result that would otherwise be a tie. In such cases, the result of the match is recorded in official statistics as Tie+W or Tie+L to indicate matches tied and then won or lost in the tiebreaker.
Draw[edit]
The result of a match is a 'draw' if a match is concluded, as defined in Law 16, without being a win or a tie.[1] A draw therefore occurs when one or both of the teams have not completed their innings by the scheduled end of play. In matches where the number of overs is not limited, therefore, a team unable to win may be able to 'save the draw' by either avoiding being all-out if they are batting (i.e. by having two or more batsmen left at the end of play who are 'not out'), or, if bowling, by slowing down the scoring of the batting team. The match is then drawn regardless of the total of runs accumulated by either side.[2]
No result[edit]
A 'no result' is recorded if a limited over match which has been started cannot be completed, which usually occurs if weather or light interrupts play.[3] In the case of rain playing a factor, this is often known as the match being 'washed out'.[4] The result is effectively the same as a draw.
Limited overs cricket formats require that each team has to have the opportunity bat for a minimum number of overs in order for a result to be possible: 20 overs in One Day International cricket and five overs in Twenty20 cricket.
If each team is able to face at least this number of overs, a result is possible and can be calculated using the Duckworth–Lewis method or other competition rules.
Abandoned[edit]
A match can be 'abandoned' or 'cancelled' if weather or other conditions prevent any play from occurring at all. If the bowler of the first over of play has not started his/her runup when the officials decide to abandon play then the result is termed 'abandoned without a ball being bowled'. Such a game is not included in official statistical records.
Before July 2004, the same result occurred if the toss had been taken but the match was abandoned before a ball was bowled. Since 2004, the International Cricket Council for International matches has decreed that a match where the toss takes place but which is abandoned without a ball being bowled is either a draw or (for a limited-overs match) a no result. Such games are now included in statistical records, counting, for example, as a game played by the teams and nominated players.[5]
Rare results[edit]
Awarded[edit]
The umpires also have the power to 'award' a match to one side where the other side either concedes defeat or in the opinion of the umpires refuses to play, in which case the game can be deemed to have been forfeited by the side in question.[1] (Note that this is not the same as the (voluntary) forfeiture of an innings under Law 15.) This power is very rarely used. Before this rule was introduced there had been cases in the international arena where one team has refused to play, or deliberately stopped playing for a while. One notable incident was when Sri Lanka temporarily stopped play against England when Muttiah Muralitharan was called for throwing by umpire Darrell Hair.
The only time that a Test match has been won in this manner is when umpires Darrell Hair and Billy Doctrove awarded England the Fourth Test against Pakistan on 20 August 2006 after Pakistan refused to take the field at the scheduled time after tea on the fourth day. This was because Hair alleged that Pakistani bowlers tampered with the ball. He did not name a player involved in the incident. Later during the ICC general body meeting in 2008, the result was changed to 'match drawn', and then in February 2009 changed back to an England win.[6]
Conceded[edit]
Law 16 allows a team to concede a match. This seldom happens, but it covers the situation where the scoreboard has in good faith displayed an incorrect score which is accepted by the 'losing' team, who leave the field, thereby conceding the match to the opposition.
Statement of result[edit]
The result of a cricket match is stated in several ways.
If the side batting last wins the match without losing all its wickets, the result shall be stated as a win by the number of wickets still then to fall. For example, in a single-innings match, if Team A bat first and make 200 runs, then Team B make 201 after losing four wickets out of ten, Team B is said to have 'won by six wickets', regardless of how many batsmen Team A lost during their innings.
If the side fielding last wins the match, the result shall be stated as a win by runs. For instance, if Team A bat first and make 200 runs, but Team B make only 192, Team A is said to have 'won by eight runs'.
If the side batting last has lost all its wickets, but as the result of an award of 5 penalty runs at the end of the match has scored a total of runs in excess of the total scored by the opposing side, the result shall be stated as a win to that side by penalty runs.
In a two-innings match, if the number of runs scored in its first innings by the side due to bat last is greater than the total runs scored by the opposition in both its innings, the result is stated as a win by an innings and number of runs short. Here 'due to bat last' includes a team who batted first, but forced their opponent to follow on (bat consecutive innings). If Team A bat first and make 200 runs in their first innings, Team B make 300 runs in their first innings, and Team A only make 95 runs in their second innings, Team B is said to have 'won by an innings and five runs'.[7]
If the match is decided by one side conceding defeat or refusing to play, the result shall be stated as 'Match Conceded' or 'Match Awarded'.
If a match is unfinished when time expires, the result is a 'draw' (this does not apply to limited overs cricket, where this is considered to be 'no result'). If all innings of both teams are completed (either because all batsmen have been dismissed or one/more innings are completed by way of a declaration) and the totals are exactly equal, the match is a 'tie'.
References[edit]
- ^ abcde'Law 16 – The result'. MCC. Retrieved 29 June 2017.
- ^Lavalette, Tristan. 'Winning Isn't Everything In Five-Day Cricket; Draws Can Be Rewarding Too'. Forbes. Retrieved 10 September 2020.
- ^admin. 'What Is A Draw In Cricket? – A Simple Explanation'. Cricketers Hub. Retrieved 10 September 2020.
- ^'Advantage India! What will happen if it rains in WC semi-finals - EXPLAINED'. Hindustan Times. 3 March 2020. Retrieved 10 September 2020.
- ^'Toss to signify start of a match'. Rediff.com. 9 July 2004. Retrieved 4 April 2015.
- ^'Cricket: England awarded Oval Test 'win' against Pakistan'. The Guardian. 1 February 2009. Retrieved 8 January 2018.
- ^'An innings short - a statistical history'. Cricbuzz. Retrieved 10 September 2020.
Understanding different types of sports bets can sometimes seem overwhelming
to people. The reason for this, though, is not because the bets are actually
confusing at all. It is because they are usually explained by a friend, or a
website that is not well written and key components of the explanation are left
out. Thankfully, we’re going to make sure that once and for all, you understand
one of the most common types of sports bets available. You’ll quickly see that
sports betting is a lot easier to understand and participate in than most people
give it credit for.
What Is a Moneyline/Win Bet?
One of the most common sports bets that you may have already made against a
friend without even knowing it is a moneyline bet. The moneyline bet is also
referred to as a win bet, depending on what part of the world you are in. The
United States refers to this bet as a moneyline bet while most of the rest of
the world refers to this as a win bet. Leave it to the US to need to be
different 🙂
Basically, all you are doing is selecting which team or person is going to
win an event. As we said earlier, you may have already made this type of bet
before without even knowing it. If you ever bet your friend a few bucks that a
certain team would win a game, you made a moneyline/win bet.
Winning or losing a moneyline bet only depends on if the team or individual
wins the game or event or not. It does not matter how many points or how
decisively they win the game by.
Let’s say the Dallas Cowboys are
playing the Green Bay Packers during Monday Night Football and you think the
Cowboys are going to win. If you place a moneyline bet on the Cowboys, you will
win your bet if the Cowboys win by one point or if they win by 100 points. If
the Packers win by any amount of points, you lose your bet.
This is the same for sports where you have individuals instead of teams
competing. For example, if you make a moneyline bet that Roger Federer will win
his next tennis match, you will win your bet when he wins and lose your bet when
he loses. It does not matter how he wins or by how many sets he wins. A win is a
win, and a loss is a loss when it comes to moneyline bets.
How Do Moneyline Bets Payout?
As you may have already suspected, all moneyline bets are not created
equally. Different moneyline bets will pay out different amounts depending on
who is competing. Let’s look at an exaggerated example to show you why. Let’s
say that Mike Tyson, one of the greatest boxers of all time, is going to fight a
boxing match against a six-year-old kid. Would it be fair to pay a bettor the
same amount if they picked Mike Tyson to win than if they picked the doomed
six-year-old to win? Of course, it’s not. If that were the case, everyone would
bet all of their money on Mike Tyson and the sportsbook would be broke the next
day. Moneyline bets payout dependent on how big of a favorite or underdog the
person or team you are betting on is.
- The bigger the favorite the team or person is, the less money you will be
paid on a winning bet. - The bigger the underdog the team or person is, the more money you will be
paid on a winning bet.
The amount that you are paid for a winning selection is decided by the casino
and made public before you make your bet. These are depicted with a plus or
minus sign and then a number that shows how far in each direction. If that’s
confusing, it will make a lot more sense with some examples. You might hear
people refer to this as the line. (The line is also commonly used to refer to
the point spread which we will address in a later post).
- If a team has a plus (+) sign in front of their name, they are an underdog.
- If a team has a minus (-) sign in front of their name, they are a favorite.
The larger the number next to the plus or minus sign, the more significant of
a favorite or underdog the team is.
For example, here are a few sample lines from an actual sportsbook that we
will use for an example.
In this example, the Buffalo Bills, Jacksonville Jaguars, and the St. Louis
Rams are all favorites. The Rams are the biggest favorites, and the Bills are
the smallest favorites. The Carolina Panthers, Tampa Bay Buccaneers, and New
Orleans Saints are all underdogs. The Saints are the biggest underdogs, and the
Panthers are the smallest underdogs.
How Do I Figure out How Much Money I’ll Win on a Moneyline Bet?
If you’ve been following along half asleep, now is the time to turn up that
attention. This part isn’t that confusing, but it is the part that most people
usually get lost on. Don’t worry, though. We are going to take it slow and walk
you through it step by step with plenty of great examples. You’ll be an expert
teaching everyone else in no time.
The amount that you win or lose on a moneyline bet is set by the plus or
minus sign and the number that is attached to it. Let’s start with the times
that we are the underdogs.
As an Underdog
As we already know, when we are the underdogs we are going to get paid more
than a standard even bet. If you’ve ever bet with friends, you probably bet like
this…”If my team wins, you owe me $10. If your team wins, I owe you $10.”
Regarding a moneyline, that would look like either +100 or -100.
The number after the plus sign is the amount we will win for every $100 we
bet. So in our bet with our friend, for every $100 we bet, we will win $100.
This is an even money bet. Let’s pull up our football lines from earlier to look
at a few more examples.
- If we were to bet $100 on the Carolina Panthers, we would get paid $105 for a
winning bet. - If we were to bet $100 on the Tampa Bay Buccaneers, we would get paid $110
for a winning bet. - If we were to bet $100 on the New Orleans Saints, we would get paid $135 for
a winning bet.
This does not mean that you have to bet in even increments of $100. If you
bet more or less, it will just follow the same ratio of payouts. We can divide
the number by 100 and get the amount we will get paid for every dollar we bet.
For example, let’s look at a few different bet amounts on the New Orleans
Saints.
Currently, we already know that if we were to bet $100 on the New Orleans
Saints, we would get paid $135 for a winning bet.
If we wanted to figure out how much we would get paid per $1 bet, we would
divide the moneyline number by 100. 135 divided by 100 equals 1.35. We would get
paid $1.35 for every $1 we bet.
So let’s apply that to a few bet numbers…
- If we were to bet $50 on the New Orleans Saints, we would get paid $50 times
$1.35, or $67.50 for a winning bet. - If we were to bet $250 on the New Orleans Saints, we would get paid $250
times $1.35, or $337.50 for a winning bet.
As a Favorite
Let’s take a look now at what a moneyline bet would pay out if we are a
favorite. As we already know, when we are the favorites we are going to get paid
less than a standard even bet as we are probably going to win our bet more
often.
The number after the minus sign is the amount you have to bet to win $100.
Let’s pull up our football examples again to make this a bit clearer.
- If we wanted to win $100 on the Buffalo Bills, we would have to bet $125.
- If we wanted to win $100 on the Jacksonville Jaguars, we would have to bet
$130. - If we wanted to win $100 on the St. Louis Rams, we would have to bet $155.
As you can see, we have to wager more money for the same payout the bigger
favorite the team is. Again, this does not mean that you have to bet in $100
increments. If you’d like to find out the amount you will win on other sized
bets, you need to figure again out the amount you will win per $1 wagered. As an
underdog, we divided the moneyline number by 100 to get that amount. As a
favorite, we have to do it slightly differently. We need to take 100 and divide
it by the moneyline number.
For example, if we wanted to figure out how much we would win for each dollar
wagered on the St. Louis Rams, we would take 100 and divide it by 155 which
would give us roughly $0.65. This means that for every $1 we wager, we will get
paid a profit of about 65 cents.
- If we were to bet $50 on the St. Louis Rams, we would get paid $50 times
$0.65, or $32.50 for a winning bet. - If we were to bet $250 on the St. Louis Rams, we would get paid $250 times
$0.65, or $162.50 for a winning bet.
Remember these are the profit number on a winning bet. You do receive your
original wager back as well. For example, if you made the most recent bet we
talked about for $250, the casino isn’t going just to hand you $162.50. That
would be a terrible deal for you. They are going to hand you $250 plus $162.50
for a total of $412.50. The $162.50 is the amount that you profited on your bet.
This is the case regardless of if you are betting on a favorite or an underdog.
The bottom line is that the odds all indicate your profits relative to a 100
unit base figure. When your team is a favorite, the number after the minus sign
is how much money you have to bet to win $100. When your team is an underdog,
the number after the plus sign is how much money you win for every $100 you bet.
Decimal Odds
Up until this point, we have been using the whole number format for moneyline
bets, also referred to as the American odds format. This format is the format
you will see for betting odds in the United States predominately and online in a
lot of sportsbooks. In most other areas of the world, you will see what are
known as decimal odds. Here is what the same line would look like in both
formats.
American Odds
Decimal Odds
These lines mean exactly the same thing. We already have talked about the
specifics of American Odds and how to calculate your payouts with them. Now
let’s walk you through everything you need to know about decimal odds and how to
calculate your payouts.
The decimal odds represent the amount that you will win, including your
original bet for every dollar wagered. In other words, this is the total amount
that you will be given back by the sportsbook if you win your bet. So in the
above example, if you bet $1 on the Cowboys and they won, you would receive
$1.68. $1 of this would be your original bet, and the $0.68 would be your
profit. If you were to bet $1 on the Packers and they won, you would receive
$2.30. $1 of this would be your original bet, and $1.30 would be your profit. As
you can tell in this example, the Cowboys are the favorites to win the game.
A completely even money bet would be 2.0. This means that if you bet $100 on
this bet, you would profit $100. The sportsbook would give you your original
$100 wager back, plus your $100 profit. Any team with a decimal odds number
greater than 2.0 is going to be the underdog, and any team with a decimal odds
number less than 2.0 will be the favorite. The only exception to this is the
straight up bets where the sportsbook puts both bets at the same odds and
adjusts for their juice (which we are about to discuss.
The Sportsbook Juice and Moving Lines
You might be starting to wonder how the sportsbook makes any money off of
this. You also might be assuming that the sportsbook is just gambling against
you. This is actually not what is going on. What the sportsbook tries to do is
get the same amount of money bet on each side of a game and then takes a small
percentage from all of the payouts. Let’s break down both of these points one at
a time, to make them more clear.
The Sportsbook Percentage
Let’s look at an example of a game where both teams are evenly matched. In
this example, the Dallas Cowboys and the Green Bay Packers are playing, and the
sportsbook thinks that both teams are exactly equal. You would expect then that
the lines for both teams would be -100. Meaning, that for every $100 you
wagered, you would win $100. Unfortunately, this is not the case. The moneyline
for this game would look a:
This means that regardless of which team you bet on, you will receive $90.91
for a winning bet. The sportsbook takes about 10% off the top of every winning
ticket. This is known as the house juice and is effectively how the sportsbook
makes its money.
Money From Both Sides
As a continuation of the above point, the sportsbook is always going to want
to get an even amount of money on both sides of the bet. Let’s say in our above
example that $1000 comes in on the Cowboys and $500 in bets comes in on the
Packers.
If the Packers win, here is the accounting for the sportsbook:
- Took in $1500 in total bets
- Packers win
- Payout the original $500 in bets
- Payout winnings of $500 times $0.9091, or $454.55
- $1500 – $500 – $454.55, or $545.45 in profit A great day for Packers fans
and a great day for the sportsbook.
If the Cowboys win, here is the accounting for the sportsbook:
- Took in $1500 in total bets
- Cowboys win
- Payout the original $1000 in bets
- Payout winnings of $1000 times $0.9091, or $909.10
- $1500 – $1000 – $909.10, or $409.10 in losses A great day for Cowboys fans,
but an awful day for the sportsbook.
As you can see, one of these scenarios is favorable for the sportsbook, and
the other is not. For this reason, the sportsbook will try and bring in the same
amount of money on each side if the bet is even. Here’s the same scenario if the
casino brings in $1000 on both sides of the bet.
If the Packers win, here is the accounting for the sportsbook:
What Is Win Draw Win Powerball
- Took in $2000 in total bets
- Packers win
- Payout the original $1000 in bets
- Payout winnings of $1000 times $0.9091, or $909.10
- $2000 – $1000 – $909.10 = $90.90 in profit for the sportsbook
What Is Win Draw Win In Dafabet
If the Cowboys win, here is the accounting for the sportsbook:
- Took in $2000 in total bets
- Cowboys win
- Payout the original $1000 in bets
- Payout winnings of $1000 times $0.9091, or $909.10
- $2000 – $1000 – $909.10 = $90.90 in profit for the sportsbook
The sportsbook couldn’t care less who wins this game, and that is how they
like it. The smaller guaranteed profit is how they like to operate. If the lines
are not even, it gets a bit trickier for the casino as they will need more bets
on one side, but the guiding principle is the same. They try and get the correct
amount of bets on each side so that no matter who wins, they profit.
The way the sportsbook does this is by shifting the moneyline to make one
side more enticing and the other less enticing. For example, let’s look at our
above example where too much money was coming in on the Cowboys. The sportsbook
might shift the line to something like -130 for the Cowboys and shift the line
to something like +110 for the Packers. This will make more people, and more
money starts coming in on the Packers as you will now be getting a much better
payout if the Packers win. Subsequently, you will be getting a worse payout if
the Cowboys win and have to risk more money to get the same payout. The
sportsbook will continually shift these lines back and forth if need be to try
and get the amount of money they want on each side. It doesn’t always work out
perfectly for them, but that is not going to affect you as a bettor at all.
If you’d like to learn more about the sportsbook juice, here’s a great link
that
goes into a bit more detail on the topic.
What Does Win Draw Win Mean
Ties
Win Draw Win Prediction Tips
When it comes to ties, it will all depend on the sport you are betting on and
the sportsbook you are betting at as to how the tie will be handled. Typically,
if you are capable of betting on a tie, then the other two win bets would be
losses in the event of a tie. If it is a sport where you are not capable of
betting on a tie, both bets would typically be a push, and you would receive all
of your money back with no profit or loss. Sports like soccer allow patrons to
bet on ties and most sportsbooks treat these as losses if you bet on a team to
win. Sports like football, you cannot bet on a tie (except as a prop bet), and
therefore these bets would be treated by most sportsbooks as a push. If you bet
$100, you would get your $100 back.
Moneyline Strategy
What Is Win Draw Win The Lottery
Just because this bet is so simple does not mean that it can’t be a
profitable bet for you. The professional bettors use this bet on a daily basis
to support their livelihood. Remember, how complicated a bet is has nothing to
do with how good the payouts are going to be. For some reason people like to
over think this and they believe that there are special complex bets that are
only available to seasoned sports bettors. This is simply not true. If you’d
like to look into some specific strategies to help maximize your winnings with
moneyline bets, here’s a great
guide we’ve put together for you to check out.