Sports betting terms explained sum
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GRAND NATIONAL BETTING TIPS RACING POST
Cover — means winning the point spread bet. Contrarian — means betting against the average Consensus — is having everyone on the same page when betting. Closing Line Value — means the value of a bet relative to where the line closes. Circle Game — is a match in which the betting action is strictly limited Chalk — means that side of the bet is the favorite.
Double Pop — a situation when a user decides to double the amount of what he would normally bet. Double Chance — a possibility to increase chances of winning by combining two of possible options into a single bet. Dog — non favorite. Dead Heat — is a situation when several competitors finish at the same time in a sporting event and cannot be separated. Exposure — means a bet on sporting events which have not ended at the moment.
Expected Value — waiting for the expected result. Exotic Wager — means any bet other than a straight bet. Exacta — relates to horse racing, means a situation when a user should pick two runners to place first and second in the correct order. Even even money — is a situation when a bettor stands to lose or win the same amount of money. Edge — when a bettor may find bets with a higher probability of happening than the odds. Early Cash Out — returning money before the end of the game.
Future bets — means long-term bets for the future. These bets usually cover the result of the team for the championship or season. Flat Betting — is a financial management strategy, in which the amount of the bet may depend on the coefficient, weakly depends on the game bank and no longer depends on anything else. Fixed Odds — is a form of wagering against odds offered by a bookmaker or an individual.
First Half — is a bet on the outcome of the first half of the match. Home Field — when the team plays at its home field often used in football. Hedging — is the process of minimizing risks, which is achieved by placing a bet that is essentially the opposite of the one which was placed earlier. Handle — the total amount of money included in all bets on a specific match.
Handicapping — is a system where a weaker opponent is given some kind of indulgence. Kelly Criterion — is a financial betting strategy that determines the optimal amount of money wagered on the outcome of a sporting event. Long Shot — means an absolute outsider or a bet on the victory of a notorious outsider. Lock — is a bet that will win for sure.
Live betting — is a betting in real time. Listed Pitcher — is a baseball term which means that a bet will go into play only if the pitcher comes into the game. If the pitcher is replaced, the bet is returned to its owner. Limit — is a maximum amount of bets on a certain event with certain odds.
Moneyline bet — is a bet on a team which you expect to win. Margin — is a bet on a difference in total points or goals. Novelty Bet — is placing wagers on random events which are not related to sports. No Action — means the situation when the owner gets his amount of money back, which he placed on the outcome of the event.
Nickel — is a sports betting slang word in betting which means the sum of five hundred dollars for betting. Over — is a bet which shows that the total of the game will be bigger than a certain value. Opening Line — is a first official line for a certain event. Off the Board — is a situation in betting when the sportsbook does not take any bets on a particular event. This person could be a part of a large group of people — it depends on the event. Puppy — is a bet on a team or an athlete that is weaker than the opponent.
Puckline — is a term from ice hockey which means a bet with a handicap for a match. Public Betting Percentage — is the percentage of bets the public is betting on a specific side. Push — is a situation when the point total hits the exact number in which you bet. Proposition bets prop — is a set of events on which the bookmaker accepts bets with different outcome options and odds on them.
Power Ranking — is a list of best players for a certain game over a period of time. Such ratings are usually conducted for a quarter or a year period. Point spread — is a type of bet which takes into account the difference between scored goals scored or points.
Take the following listing you might see in a sportsbook: Cowboys Giants -3 In this example, the Giants are three-point favorites against the Cowboys. The spread is essentially a mathematical formula used to bridge the talent gap between teams and incentivize potential bettors into considering both sides. The spread is a handicap that requires the favored team to win the game by an ascribed number of points in order for the bettor to win his wager on the team.
So if you wish to wager on the Giants in this game, you'd be giving up or "laying" three points with them. This means they would have to win by four or more in order to cover the spread and make your wager a winner. Those who wish to support the Cowboys are betting on the underdog, and thus "taking" the points. This means, in order for the wager to win, the Cowboys would need to lose the game by fewer than three points, or win it outright.
In the above example, the Giants winning the game by exactly three points would result in a push for bettors on both sides, and all wagers would be refunded. The number to the direct left of the teams is called the "rotation" number.
This is simply the universal record-keeping system for sportsbooks to track bets on each team. When you place a wager, you give the sportsbook ticket writer the rotation number of the team you are selecting instead of announcing the team name. What is the over-under? In addition to picking a side against the point spread, bettors have the option of wagering on the over-under or "total.
The formula essentially boils down to taking the average of what both teams score and allow per contest, along with other mitigating factors such as the venue or key injuries. In the above example, along with seeing the point spread on the betting menu, you will see a large number near the spread. It might look like this: Cowboys 46 Giants -3 You'll see the spread is almost always delineated with the minus symbol and spread number corresponding directly to the favored team.
The over-under or total is usually noted on the same line where the underdog is listed, but with a bit of separation from the team name so that it is not confused with the point spread. In the above example, 46 points is the posted total between the Cowboys and Giants. If you wish to wager on the total, you would pick the rotation number of either team and inform the sportsbook writer that your intention is to bet the Over or Under only on the posted total.
What is the vigorish or "juice"? If you have dabbled at all in the sports wagering industry, you've likely heard the terms juice, or vigorish, thrown around quite a bit. If you've heard the terms but don't know what they mean, fret not. They might sound complicated on the surface, but they are relatively simple to explain.
In short, the vigorish is essentially a tax the sportsbooks charge per wager. Their role is the primary factor in turning a profit for bookmakers, and also a crucial factor for bettors to learn and respect. The standard vigorish is 10 percent on each wager.
Sports betting terms explained sum how to buy shares of bitcoin
What is a Unit In Sports Betting? - Bank Roll Management - How to turn a profitDownload App Get definitions for the most popular sports betting terms in our full glossary to become a more informed bettor.
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| Buy bitcoin on bittrex | Return What does retuen mean in betting? Under — The combined score of two teams is less than what the sportsbook set. Check out our best NRFI bets today. Hedge : Most common with parlay betting and as a risk management tool. Prop Bet — A bet on something other than the outcome of a game. Common with point spread and game total betting in basketball and football. Even Money: A wager that pays out exactly the amount you bet. |
| Sports betting terms explained sum | Your bankroll is the total amount of money you have available to bet. For example if you saw the Toronto Maple Leafs listed at Runline Run Line A What is a Multiple bet? Laying points : Betting on a favorite. Each way means you back the horse to win AND to finish in the paid places usually 2nd to 4th depending on the type of race and your stake is split on those two bets. When you bet the moneyline, you are simply betting on one team to win a game. |
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| Tdf stage 10 betting lines | The stake and return from the first selection rolls on to the next, until the final bet is settled. What is Lay to Back Betting? What is a Lay Bet? AET odds are offered as live betting options. Someone who is inexperienced at gambling and ready to be taken advantage of. Runner - One who places bets for another when it comes to sports betting. |
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| Bethel place apartments | Bet — To risk something on the outcome of an event Book - In sports gambling a Book is an establishment that accepts bets on the outcome of horse racing and sporting events. Under — The combined score of two teams is less than what the sportsbook set. Belmont Stakes: Third jewel in the Triple Crown of thoroughbred racing. Half time bet : Wagers placed on the outcome of just the second half of a competition. For here parlay bet to win, all the individual bets included in it must win. The more games, the higher the risk but the greater the payout. Trends- Using the past to predict the future focusing in on only one team. |
| Expocamp wertheim bettingen switzerland | AET odds: After extra time AET odds are posted primarily on soccer matches when extra time is added at the end of regulation time due to in-game stoppages. An online sportsbook gives you the opportunity to bet on sports without going to a physical location but instead doing it on your computer or mobile device. In either case, you get your money back. Legislation that recently passed the Maryland House of Link and state Senate opens the door for sportsbooks to open in Maryland at some point in Spread - A spread in sports wagering is the predicted scoring differential between two opponents as quoted by a sports book. |
PHILLIES BETTING LINE
Flat Betting — is a financial management strategy, in which the amount of the bet may depend on the coefficient, weakly depends on the game bank and no longer depends on anything else. Fixed Odds — is a form of wagering against odds offered by a bookmaker or an individual. First Half — is a bet on the outcome of the first half of the match. Home Field — when the team plays at its home field often used in football. Hedging — is the process of minimizing risks, which is achieved by placing a bet that is essentially the opposite of the one which was placed earlier.
Handle — the total amount of money included in all bets on a specific match. Handicapping — is a system where a weaker opponent is given some kind of indulgence. Kelly Criterion — is a financial betting strategy that determines the optimal amount of money wagered on the outcome of a sporting event.
Long Shot — means an absolute outsider or a bet on the victory of a notorious outsider. Lock — is a bet that will win for sure. Live betting — is a betting in real time. Listed Pitcher — is a baseball term which means that a bet will go into play only if the pitcher comes into the game. If the pitcher is replaced, the bet is returned to its owner. Limit — is a maximum amount of bets on a certain event with certain odds. Moneyline bet — is a bet on a team which you expect to win.
Margin — is a bet on a difference in total points or goals. Novelty Bet — is placing wagers on random events which are not related to sports. No Action — means the situation when the owner gets his amount of money back, which he placed on the outcome of the event. Nickel — is a sports betting slang word in betting which means the sum of five hundred dollars for betting. Over — is a bet which shows that the total of the game will be bigger than a certain value. Opening Line — is a first official line for a certain event.
Off the Board — is a situation in betting when the sportsbook does not take any bets on a particular event. This person could be a part of a large group of people — it depends on the event. Puppy — is a bet on a team or an athlete that is weaker than the opponent. Puckline — is a term from ice hockey which means a bet with a handicap for a match.
Public Betting Percentage — is the percentage of bets the public is betting on a specific side. Push — is a situation when the point total hits the exact number in which you bet. Proposition bets prop — is a set of events on which the bookmaker accepts bets with different outcome options and odds on them. Power Ranking — is a list of best players for a certain game over a period of time. Such ratings are usually conducted for a quarter or a year period. Point spread — is a type of bet which takes into account the difference between scored goals scored or points.
The result of such a match is very difficult to predict. Parlay — is a progressive betting strategy, where the amount of the bet increases. The main thing is that after each win, the amount of profit is added to the initial amount. Runner — is a person who makes bets on behalf of and with the money of a player who wants to hide his identity from the bookmaker.
Runline — is a betting line in baseball which can be changed during the game. Round Robin — is a special betting strategy, when one large bet is split into several small ones in order to reduce risks. Reverse Line Movement — is a situation, when the line moves to the opposite direction, despite the fact that most of the bets are coming on one side. Reduced Juice — is a lower commission charged by the bookmaker for each bet.
Straight up — refers to a wager when the bettor only needs a team or individual to win a game or event outright without any regards to the point spread. Steam — is a bookmaker line, which moves quickly to one side because of appearing a large number of same-type bets. Sharp money — this term is always referred to a professional bettor — a person who bets to make long-term profits. Sharp wiseguy — is a bettor who is a professional and wins consistently, making long-term profits. Taking the points — when a person bets on the underdog against the spread.
This type is usually used in basketball and football. Take the price — when a person bets on underdog in the moneyline similar meaning to taking the points. User may take the price which was offered on a game by the sportsbook. Take the points — to bet on the underdog in the point spread. So if you wish to wager on the Giants in this game, you'd be giving up or "laying" three points with them. This means they would have to win by four or more in order to cover the spread and make your wager a winner.
Those who wish to support the Cowboys are betting on the underdog, and thus "taking" the points. This means, in order for the wager to win, the Cowboys would need to lose the game by fewer than three points, or win it outright. In the above example, the Giants winning the game by exactly three points would result in a push for bettors on both sides, and all wagers would be refunded. The number to the direct left of the teams is called the "rotation" number.
This is simply the universal record-keeping system for sportsbooks to track bets on each team. When you place a wager, you give the sportsbook ticket writer the rotation number of the team you are selecting instead of announcing the team name. What is the over-under?
In addition to picking a side against the point spread, bettors have the option of wagering on the over-under or "total. The formula essentially boils down to taking the average of what both teams score and allow per contest, along with other mitigating factors such as the venue or key injuries. In the above example, along with seeing the point spread on the betting menu, you will see a large number near the spread.
It might look like this: Cowboys 46 Giants -3 You'll see the spread is almost always delineated with the minus symbol and spread number corresponding directly to the favored team. The over-under or total is usually noted on the same line where the underdog is listed, but with a bit of separation from the team name so that it is not confused with the point spread. In the above example, 46 points is the posted total between the Cowboys and Giants.
If you wish to wager on the total, you would pick the rotation number of either team and inform the sportsbook writer that your intention is to bet the Over or Under only on the posted total. What is the vigorish or "juice"? If you have dabbled at all in the sports wagering industry, you've likely heard the terms juice, or vigorish, thrown around quite a bit.
If you've heard the terms but don't know what they mean, fret not. They might sound complicated on the surface, but they are relatively simple to explain. In short, the vigorish is essentially a tax the sportsbooks charge per wager. Their role is the primary factor in turning a profit for bookmakers, and also a crucial factor for bettors to learn and respect. The standard vigorish is 10 percent on each wager.
The manner in which this benefits the sportsbook is easy to explain. Most experienced customers have factored the vigorish into their wagers, and plan their bankrolls accordingly in the interest of simple math and convenience. What is the difference between the money line and point spread?
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