What Is A Push Bet
Aug 19, 2019 August 19, 2019 A ‘push’ occurs when the result of a sporting event ends in a tie between the sports bettor and the Sportsbook. Neither party wins or loses. So, the original wager is refunded back to the sports bettor. Quite simply, a push is what happens to your bet when the event you wager on results in a tie. As bettors or competitors, we build up wins and dread losses. We’re all familiar with creeds such as “the thrill of victory and agony of defeat.” You’ve probably heard that “winning isn’t everything, it’s the only thing.”.
A ‘push’ occurs when the result of a sporting event ends in a tie between the sports bettor and the Sportsbook.
Neither party wins or loses. So, the original wager is refunded back to the sports bettor.
A push bet is an instance of a tie or draw between the MyBookie and you. What happens in an “push” is that the wager was not a won or a miss, but instead, a stalemate that results in a refund of your risk or wager back to your account. When your bet pushes it is like it never even happened.
Pushes in sports betting is not the worst thing in the world. What’s annoying is that you can spend your time watching the entire game, only to break even.
Nevertheless, sports bettors are not punished by Sportsbook’s for push bets. The full wager is always refunded.
Pushes are most common in sports that use the point spread, like Basketball and Football, but they can also be used in sports like Ice Hockey and Baseball in over/under betting.
Example
Imagine there was an upcoming NHL game between the Boston Bruins and the Calgary Flames, and the sports bettor was to bet that both teams would combine to score more than 5 goals.
The push comes into play if, at the end of the game, exactly 5 goals were scored.
If the bet was made and exactly 5 goals were scored, the bet pushes and the bettor would receive 100% of their wager back.
What Is A Push Bet
Parlay Push
If a bettor is making a parlay, every event in the parlay must win in order for the bet to win. But what if one of these events is a push? Does the parlay become void?
In most Sportsbooks, the answer is no. If a push occurs on one of the events in the parlay, that event is dropped from the parlay entirely.
In essence, it’s as if that event was never selected in the parlay at all.
After the event is removed from the parlay, the payout multiplier is adjusted, meaning that the new payout potential is also adjusted.
However, this is not always the case. Some Sportsbooks will count a push as a loss so it’s important to be aware of that sportsbook’s rules and T&C’s before making the play.
Half Points
Most betting lines on offer do not use whole numbers. Instead, they use half numbers. These betting lines do not have a push as an option as half points cannot be scored in any sport.
Going back to the previous example, imagine the total goals scored was over/under 5.5 instead of 5 and let’s say the bettor wagered on the over.
If 6 or more goals are scored, the bet wins. If 5 or fewer goals are scored, the bet loses. Half points are a way for Sportsbooks to avoid pushes.
At the end of the day, they are in the business of making money and pushes prevent them from doing so.
Avoiding A Push
While Sportsbooks look to avoid pushes, bettors benefit from not using them too. While pushes avoid losses, they also prevent wins.
For example, in American Football, the most common margin of victories are 3 points, 4 points and 7 points. This means that getting a half point on either side of the line can turn a push into a win.
Inside Trademate Push = Void
Inside the Trademate Sports products, we classify bets which end as a push as voided.
The reason for this is that the outcome of both these instances are the same. That the original wager is refunded to the sports bettor. So instead of having to different classifications it’s simpler to just count them both as void.
This Article was written by Ghostbettingtips!
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