It depends on their wording, but if there is a blanket approval for all Class 3 games, they likely would not need to amend their compacts,” he said. “I don’t have the contracts in front of me. Michael Hoenig, general counsel with the National Indian Gaming Commission, said if the state gaming compacts give a blanket approval of all Class 3 games, the tribes might not need to seek an amendment to their state compacts before going ahead with opening sports books. Also, both compacts entitle the tribes to add any Class 3 games subsequently allowed by the state, including sports wagering. Proposition DD is on the November ballot, as required by the Taxpayer’s Bill of Rights, because it would add a new 10% tax on sports wagering at the historic mountain mining towns in central Colorado, where casinos are licensed by the state.īut in addition, state gaming compacts between the Southern Ute Indian Tribe and the Ute Mountain Ute Tribe allow for all Class 3 gaming contests permitted within the state at the date of their adoption in the mid-1990s. So if New York beats Boston with a final score of 5 to 4, the game total is nine, and the over bet loses, and the under bet wins.If voters approve Proposition DD on the November ballot, sports books will be allowed not only at state-licensed casinos in Central City, Blackhawk and Cripple Creek, but also at Sky Ute Casino in Ignacio and Ute Mountain Casino in Towaoc. If the sportsbook sets the points total of the Yankees/Red Sox game at 9.5, then the combined score must be 10 runs or more for the over bet to win. Total or over/under bets are wagers made on the game’s point total and usually offered at 11 to 10 odds. If you wagered on Buffalo, the Bills must beat the Patriots or lose by five points or less to win the bet. If you wager $11, you have the chance to win $10 on the bet for a total of $21.įor example, if the odds board shows that the Patriots are favored to beat the Bills by 5.5 points, then New England must win by six points or more for someone who wagered on them to win. Making a point spread wager means that the favored team must win by more points than the number value listed, and usually offered at 11 to 10 odds. If you think that Boston can pull off a win, then you could win $120 on a $100 bet for a total of $220.

For example, if the odds board favors the Yankees (-140) to win against the Red Sox (+120), you’ll need to place a $140 wager on New York for a chance to win $100 for a total of $240. There are three ways to make a straight bet: If you want to place a wager on the outcome of a single game, then a straight bet is for you.

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