Buffalo, NY (WBEN) Friday is the day the Seneca Buffalo Creek Casino sports betting lounge opens, and there's a lot to know before you bet on your favorite team.
As always, you bet straight up on which team wins, but you could also try the spread. A spread is a wager placed on which participant will “cover the spread.” When you bet a favorite, you’re betting them to win by a margin that’s greater than the point spread. When you bet an underdog, you’re betting them to win outright or lose by a margin that’s less than the point spread.
You can bet on all different kinds of sports, but Mercado says you can't bet on New York State's Division I college teams like Syracuse and UB.
If you do win at the sports book, Mercado says there are several ways to collect. "You can see us at the sports book, you can go to the casino cage, and there's a mail-in procedure. You fill out the information and mail it to us. We open it and verify the win, and we send you back a check," says Mercado.