Wagering Terms

Edge – The perceived advantage a sports bettor has before wagering. Buy Points – The ability a bettor has to pay for a half-point or more off the spread offered by the bookmaker/bookie. Book – Short for “sportsbook,” a book is an establishment that accepts wagers on sports and other events. A “teaser bet” is similar to a parlay except the point spreads or totals are adjusted to give the bet a better chance of winning in exchange for a smaller payout. Someone who usually bets on the same side that the majority of bettors are on. The pitchers that are assumed to start a baseball game when the bet is placed.

Applying The Sports Betting Terminology

Laying the price – In sports wagering, laying the price means betting the favorite by laying money odds. Half time bet – In sports betting this is a bet placed Draftkings Known as Gaming Agent Associated with the Nation Tennis Titles only on the second half of the game. Double action – An “if bet” in sports betting that is processed if the precedent bet wins, ties or cancels. A poker game in which the player is dealt five cards down.

If Bet

A -1.5/+1.5 point spread used in baseball that’s combined with money odds. A game where the two teams are thought to be evenly matched and there’s no point spread. The same as buying points, this refers to when a gambler can trade better money odds for an extra half-point on the spread. A wager that’s such a big favorite it’s thought to be a guaranteed winner.

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Under – Referring to over and under markets, betting on a score to be below a certain number. Trixie – A full over bet with 4 lines on 3 selections consisting of 3 doubles and a trebles. Tout – Someone who sells either tickets or advice related to sports or betting, generally an illegal practice. Tote Return – Defined by the amount in the pool divided by the number of winning bets.

Football Betting Glossary

8.16.4 Any bets that are settled in full or part using Cash Out will not count towards the turnover requirement of any offer. 8.13 If you disconnect your session during an active Game, your stake will be returned to your Game account balance. 8.8 We cannot be held responsible for any typing, human, software or palpable error in relation to any product or information provided on the website. We shall void any Bet where such Bet has been placed in circumstances where we consider, at our sole discretion, that such an error has occurred, even after the bets have been settled. In addition, we reserve the right to bring legal action against Users where a regulatory authority finds that collusion has taken place.

Consensus pick refers to how the betting public as a group have placed their bets on a game. Some bettors use a strategy that suggests betting against the consensus pick because the majority of people are usually wrong. The official betting line set on a game or event before it begins. Arbitrage is a clever betting strategy that takes advantage of different betting lines at different sportsbooks. By identifying a gap in the lines it’s possible to bet on both sides and guarantee yourself a profit.

While following tennis tips can be a great way of building your betting bankroll, it’s important that you research any tipster you are thinking about following. And when we say research, we mean that you should conduct a thorough investigation. There a dozens of tennis tipsters on the internet, with many making grand claims regarding their profitability.

Can Americans Bet On Canadian Hockey League Matches?

They have one draw to replace them and the best high hand wins the pot. An example of a value bet can also be demonstrated with a coin toss. This is an implied probability of 45.5% on an event that we know has a 50% chance of occurring. This bookmaker’s margin is problematic for bettors since it makes it difficult to win, as the bookmaker is taking money from both sides of the market.

Michael Spitz , known most often as just "Spitz," is Editor-in-Chief of the Pixels & Pills and a prollific tweeter, blogger, and article writer, active in digital health across all specialties. Follow him @SpitzStrategy.



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