A per point bet often with a cap
Usually used in basketball
Say the Knicks played the Suns and the suns were a 2.5 point favorite and you want the Knicks +2.5 .
Your book might let you bet $20 a point or more off that number and cap it at 20 points or so,,,, so that is is $400 bet + the vig for $440 if you lose the max, so you need that posted up or on credit.
$20 for every point away from the spread in this example.
Never bet an under with this because of possible ot.
It does take pelotas to bet this way, but I used to love it at the Greek !
Always figured no post up books offered this because your loss could potentially be anything and the book wouldn't want to take it not knowing if your account t could pay it off if things went really bad (say, your bet lost by 40+ points). But I didn't think about capping the number. Then, it would make sense as the books would know exactly how much could be won and lost. Surprised all books don't offer this with a cap.
the money had to be there to bet it ( Greek mainly) you phoned in the bet and it had to be approved. If you wanted $50 a point capped at 20 points for a max $1,000 win you needed $1100 in your account which would be taken out until the bet settled. I don't see why you couldn't do it on credit, but that bet takes up $1100 of your limit even though it likely settles within 5 points of the line.
5d use to offer it online
