Money Line Bet
This win or lose betting option involves two lacrosse teams, one with a minus (-) sign to represent that they are the favoured team, and the other with a plus (+) sign to represent that they are the underdog. The symbols will be next to a number that represents the amount of money that would need to be placed in order to receive a payout. Unlike with a points spread bet, the final score does not make any difference. If you bet on the team that wins, you win the bet, a simplicity that makes it the most popular betting choice. Don’t worry about figuring out how much you’ll win if you bet either, because if you type in any amount, the casino will display how much you stand to win
An example of what it would look like:
St. John's Red Storm (+115)
Syracuse Orange (-130)
Pro Tip: Despite the unpredictability, always do your research. Like all sports, lacrosse has star players, consistently winning teams, and seasoned coaches.
The Point Spread
The exciting part about the point spread bet is that it evens out the odds for the underdog team bet. The favoured team has to beat the point spread in order for its bet to pay out, and the underdog team just needs to either win or lose by fewer points than the point spread. You still are paid out by a money line, and like the money line bet, the minus symbol represents the favourite, and the plus the underdog. The number also applies to the amount you need to bet in order to win a hundred bucks. For example, the point spread could be 6½ points. If the favoured team wins by seven points, that bet pays out. If the favoured team wins by five points or less, the underdog bet pays out.
The bookmaker will sometimes offer an Over/Under bet, which is often shortened to O/U. This is the total number of points they think both teams in a specific game will score. The O/U bet will also have a money line, and you can bet that the two teams will score a total of less than the bookmaker’s guess, or more than. If you are right, you win the payout that applies to the money line. For example, the bookmaker could guess that 15 points will be scored. If they score 14 or less, the under bet wins. If they score 16 or more, the over bet wins.
Types of Lacrosse Events
The events will vary significantly from bookmaker to bookmaker, and some bookmakers won’t even offer lacrosse as a betting option. The evens include both men and women’s NCAA college lacrosse, which is, as aforementioned, the most popular option. You can also bet on the National Lacrosse League, and sometimes even the Canadian Lacrosse League, a professional indoor version played in Ontario. Major events, like the World Championship, the World Indoor Championship, and the European Lacrosse Championship, can also often be bet on.