sports betting terms and meaning

Their role is the primary factor in turning a profit for bookmakers and also a crucial factor for bettors to learn and respect. Winning margin betting is when you place a bet where you predict how many goals the team who wins will win with.

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Book Short for sportsbook a book is an establishment that accepts wagers on sports and other events.

. This betting term is used in conjunction with point spread wagers however more often in a. Acronym meaning Against the Spread Betting on the outcome of a sporting event as it relates to the point spread as opposed to betting straight up Backdoor Cover. What does the and mean in sports betting.

Moneyline bet - A bet made if a team will win or lose outright with no point spread. But if youre online doing some sports. Wire-to-wire bets are the most popular in basketball.

Betting the favorite team at -15 with one bookmaker and then taking 35 with another bookmaker. A sports bet in which the bettor guesses that the total points scored by two teams will be under a. Bookmark our glossary of betting terms and use it as a reference if you come across an unfamiliar.

Total Betting on the total points or goals etc. The sections below explain the most common sports betting terms and meanings in simple language. If youre a novice bettor looking to familiarize yourself with this booming industry read below to learn 20 of the most commonly used sports betting terms and phrases.

In a sport where a draw is fairly common such as. The standard vigorish is 10 percent on each wager. A term for any wager containing more than one selection.

The plus and minus - in sports betting can point to either the point spread or betting odds. In regards to the spread the is always next to the favorite and the is always next to the underdog. In other words you have to wager 110 in order to win 100 on your bets.

In-game wagers - Bets made after a game started. A bet is the act of placing a. Betting In Running BIR or Betting In Play BIP refer to Live Betting where participants bet during the course of a race match or event.

In short the vigorish is essentially a tax the sportsbooks charge per wager. Jun 23 2020. Limit - The maximum allowed wager on a single bet.

The line on the Patriots moves down to even money 100. The casino sets the line and you have the option of betting that the score will be higher over or lower under. AET is an acronym for Added Extra Time and refers to the extra time added at the end of a soccer game which is brought about by injuries or incidents during the regular time.

Juice - A commission books win on each bet. Lock - A large favorite. To give you a simple example if you bet on winning margin with 2 goals the team needs to win with 2 goals ie.

In football and basketball the underdog receives points while in moneyline sports the dog can net a positive return if it wins. Bettor Someone who bets on sports. Winning Margin Bet in Football.

Someone who generally backs favorites. Tout A person who sells or gives away sports betting picks. A popular sports bet overunder refers to betting on how many combined total points both teams will score.

Click here for our guide to betting overunder totals. A person or group of people who either sells or gives away picks on games or events. True Odds True odds are the actual odds of an event happening.

Long Shot - A large underdog. There are many unique terms associated with sports wagering. BookmakerBookie A group or individual that takes bets on sports or other events.

2-0 3-1 4-2 etc. A betting line used in ice hockey which combines point spread and moneyline betting. Sports Betting Terms Against the Spread ATS.

A game where the betting action is limited by the bookmaker. An Asian Handicap is a form of point spread wagering. Teaser A teaser is a special type of parlay in sports betting when you adjust the point spread or total of each game.

The game ends up with the favorite winning by exactly 3 points you have then middled the game. The price of moving the point spread is lowering pay out odds winning wagers. The team in a sports betting matchup that is not expected to win.

Hedge - Placing a bet in order to guarantee a profit or minimize the risk on an original bet. A slang term for the favorite. When the odds on a proposition are in.

In sports betting this is the most accurate point spread or moneyline. Middles or Middling To win both sides of the same betting proposition. Draw no bet is an extremely easy-to-understand option though it may sound like one of the more complicated sports betting terms.

Can also be referred to as a Benjamin. Action is another word for a bet. You bet on the outcome of the match plain and simple.

Betting WO What does betting WO mean. Hook - A half-point in the spread. You originally bet 100 on the Rams at 300.

Now to be honest theres even more sports betting terms than just these listed above. A team or horse that is unlikely to win. Wire-to-Wire This is a wager that a team will lead at every quarter or for a specific number of quarters.

Meaning Prediction Tips. Buck A 100 wager or buck bet. You bet 100 on the Patriots in order to eliminate all risk and still have an opportunity to win 200.

A popular sports betting term and often referred to as just extra time especially in sports like soccer. However there is no draw option. The team that is expected to.

The term is also used in casino betting in which you may hear a dealer say the action is on you meaning its your turn to act.

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