Been on reserve here since Mar 02, currently in Hou.
Pilots have a 2 hour call out - must be able to report within 2 hours of notification.
Two Duty periods (AM and PM). On call roughly 0400-1900 or 1100-0200 local domicile time (varies slightly dom-dom).
Bid lines of 15 days reserve, mostly in blocks of 3 or 4 days, generally same days of the week, all the same AM or PM for the bid line.
Last day released after 10 hours if not assigned.
Can be utilized up to 15 hours duty day/8 hours block.
Can try to giveaway trips once assigned. Can try to split assigned trips as they pass through domicile (must give away from break to the end). You can giveaway or trade reserve blocks with other pilots (for either reserve or flying trips). You cannot split a reserve block for giveaway/trade except from the current day to the end of the block.
Monthly guarantee is 6 trips x # of days (generally 90 trips). If you fly over the guarantee you get what you actually flew. All other flying is paid above this (open time/giveaways, etc.). The past few months, most FO's in Hou have been pretty close, if not over the guarantee; personally, I've been over by approx 10 trips/month the past 3 months (and I try to pass!)
Reserve days carry a 6 block hour weight per day for scheduling legality purposes for opentime/giveaway/extra fly. For a 4 day reserve block this is reduced to 5 block hours per day. This does not limit what scheduling can actually assign you during a particular block of reserve - only limited by 8/1 30/7, 100/30.
There is a callout order, but it is based on how much reserve flying you have done so far that month and how much reserve liability you still have to go. This prevents folks from cherry picking one reserve block and passing trips to the full-time reserve guys.
Hope this helps. PM me if you have any other specific questions.
Cosmo