sports betting terms and meaning

Moneyline A wager selecting a team or athlete to win straight up without a point spread involved. If you bet on Team B you need them to win by more than 225 points for you to cover your bet.

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A term for any wager containing more than one selection.

. The team that is expected to. Someone who generally backs favorites. If you bet on Team A that means they can lose by 22 points or less or win the game and you still win your bet.

In regards to the spread the is always next to the favorite and the is always next to the underdog. Nickel A 500 wager or nickel bet. What does the and mean in sports betting.

A betting line used in ice hockey which combines point spread and moneyline betting. You originally bet 100 on the Rams at 300. Click here for our guide to betting overunder totals.

You do the bulk of your sports betting online- you wont have to stress too much about not knowing what some of these sports betting terms mean right. Hedge - Placing a bet in order to guarantee a profit or minimize the risk on an original bet. 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.

That means they need to win the game by 23 points or more. Wire-to-Wire This is a wager that a team will lead at every quarter or for a specific number of quarters. Now to be honest theres even more sports betting terms than just these listed above.

The line on the Patriots moves down to even money 100. The number represents the expected margin of victory. If a sportsbook accepts too many bets on 1 team they will have to pay out too much money if that team wins so they will place a bet on that team themselves with another.

You bet 100 on the Patriots in order to eliminate all risk and still have an opportunity to win 200. What does 15 or -15 mean in sports. A popular sports betting term and often referred to as just extra time especially in sports like soccer.

A game where the betting action is limited by the bookmaker. It requires you to predict the ultimate outcome of the game. True Odds True odds are the actual odds of an event happening.

Handicap betting is pretty much the same as Asian handicap except that you cannot bet on a draw in an Asian handicap bet. Winning Margin Bet in Football. The standard and often implied number is 110 meaning a successful bet of 110 would net 100 profit.

The plus and minus - in sports betting can point to either the point spread or betting odds. 1X2 betting is the simplest form of sports betting. Bookmark our glossary of betting terms and use it as a reference if you come across an unfamiliar.

This is the juice or vigorish aka vig for the house or sportsbook. Some bettors will bet against the public money whichever team more bettors have placed their bets on. The standard vigorish is 10 percent on each wager.

For example odds at -120 mean that a 120 bet will generate a net profit of 100. Meaning Prediction Tips. Winning margin betting is when you place a bet where you predict how many goals the team who wins will win with.

Consensus - Percentage of the betting public on each side of a game. Hedging to reduce risk. Having better value than whoever you are betting against.

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. Lock A supposed easy winner or large favorite. But if youre online doing some sports betting these terms will cover everything you need to know.

A slang term for the 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. A person or group of people who either sells or gives away picks on games or events.

In sports betting this is the most accurate point spread or moneyline. Chalk - The favorite in a game. A popular sports bet overunder refers to betting on how many combined total points both teams will score.

Tout A person who sells or gives away sports betting picks. In this case the full payment will be 220 120 bets 100 net profit. One means home win X means a draw and two means away win.

In other words you have to wager 110 in order to win 100 on your bets. Opposite of sucker bet and worst of it. Also used to mean having a lucky streak.

In football and basketball the underdog receives points while in moneyline sports the dog can net a positive return if it wins. Cover - The betting outcome on a point spread bet. The team in a sports betting matchup that is not expected to win.

Similar to edge and value. The casino sets the line and you have the option of betting that the score will be higher over or lower under. A sports bet historically confirmed by a physical ticket but still applied to online bets.

Wire-to-wire bets are the most popular in basketball. Tie see also Draw Push A bet in which no money is lost nor won because there wasnt a positive outcome for the purposes of the bet. Their role is the primary factor in turning a profit for bookmakers and also a crucial factor for bettors to learn and respect.

There are many unique terms associated with sports wagering. 2-0 3-1 4-2 etc. Otherwise it is the same.

Jun 23 2020. Long Shot A team or athlete considered unlikely to win or a large underdog based on odds set by bookmakers. In short the vigorish is essentially a tax the sportsbooks charge per wager.

A betting prediction provided by someone with perceived knowledge of the eventcompetitors. When the odds on a proposition are in.

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