otb betting term
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Other Bets Props and Futures Some other fun bets that can be made on basketball include prop bets and futures. How To Bet News. Handicapping Your Basketball Bets When oddsmakers set the lines, they take many factors into consideration. If you have even one loss, you lose the entire bet. On the other hand the Magic must either win outright or lose by 3 or fewer points for a Magic spread bet to payout.

Otb betting term sbrbetting

Otb betting term

If 2 wins and any of your other selections finish second and third, you would win. EXACTA WHEEL When you select a horse to finish either first or second and wheel it in the exacta, you cover every combination so that if your horse finishes in the selected position, you will have the winning combination. Example: You like the 5 horse to win the seventh race, which has a seven horse field. Since the exacta requires you to select the first and second horses in their exact order of finish, this would involve six combinations: , , , , and Example: You like the 4 horse to win the first race.

Since the Daily Double requires you to pick the winners of two races, the number of combinations is the same as the number of horses in the other Daily Double race. So, if there are 11 horses in the second race, there would be 11 combinations: , , , , , , , , , and Example: You like the 2 and 3 to finish either first or second in the fourth race and the 4, 5 or 6 to finish third. The average Dosage index of all horses is about 4. Dosage profile A listing of Dosage points by category.

Used to develop the Dosage index DI. Rules on entries vary from state to state. Equibase past-performance information is used in track programs across North America. The total number of combinations can be calculated according to the formula x2-x, where x equals the amount of horses in the box.

For example, boxing four horses would actually be 12 combinations To arrive at the cost of the wager, multiply the total combinations by the cost of the individual wager. For the mathematically inclined, the amount of combinations in any exotic wager can be figured by the formula n! See underlay. Harness racing: A race in which performance, sex or distance allowance is made.

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That's where you start: the research. The moment you become more familiar with horse racing in general and learn about the betting options, it's time to head in. Before the internet, off-track betting only happened at brick-and-mortar bet shops where you could watch the races simultaneously. However, as mentioned before, you can now watch races from your mobile phone within the comfort of your own home.

In addition to that, you can partake in off-track betting with the help of online sportsbooks. That brings you the option to wager on any horse race at any race course all over the world. When you're exploring your options, never settle for the first sportsbook you see. Will it cap your winnings? What are the wagering limits? Can it handle your fat pockets? What betting options do you have? Only win-place-show bets, or can you partake in quinellas, daily doubles, Pick 4s and Pick 6s?

Are there any bonuses, promotions or rebates on losses offered to customers? Within our Top 10, several stand out with respect to their horse racing benefits. BetAnySports is our current 1-rated sportsbook. Unfortunately, at BetNow , there are caps on winnings from exotic wagers. In the end, it's all about gaining experience. Not every bet you make will be a success, but you have to stay strong and pull through until you figure out the strategy that works for you. Off the board The other definition of OTB is off the board.

It refers to a sporting event that is unable to be wagered on, at the determination of the sportsbook. This generally happens when there is a major injury, or if there is even a rumor about an injury. The sportsbook will refuse to take any bets on a particular event when they're uncertain about proper odds for that match. Of course, uncertainty is a big part of the gambling industry, but sportsbooks are in this industry to make money, and limit risk.

Like sports clubs, they know the results are uncertain, but they build a lot of options to minimize their risks and guarantee profits. Thus, a sportsbook can choose to take a particular sports event off the table when they're uncertain about their position. The reason for bets being taken off the board can vary: from a critical player who is injured to uncertainty about weather conditions. There's a lot on the line, and both teams are eager to take home the win.

But, the day before the game, all of a sudden, Steph Curry is rumored to be injured. When Curry doesn't play or is not in full form, his team might undoubtedly lose. But with a healthy Curry, it might be a different story. That creates a situation where a sportsbook has its hands tied as to what to do. They have three options; They can choose to not even post an opening number, and keep it off the board entirely through game time. This scenario takes away any uncertainty for the sportsbook.

The sportsbook can list the game open for bets, but with lower betting limits than usual. The sportsbook can also choose to keep the game off the board initially, and not post an opening number until it has more certainty. That means that it might stay off the board until 30 minutes before game time when starting lineups are announced. Scratch A horse who is withdrawn before the race starts. Sire The male parent of a horse.

Speed Index An evaluation of a horse's time in a race versus the three fastest winning times for the same distance for the previous year at the same racetrack. Sprint A race that is run over five-sixteenths of a mile, or a shorter distance. Stakes Race A race for a championship or for a purse larger than those offered for ordinary feature races.

Standardbred The breed of horse used in harness racing, consisting of trotters and pacers. The term originates from the standard set in by the National Association of Trotting Horse Breeders in America, whereby a horse had to trot a distance of one mile in not more than 2 minutes 30 seconds to qualify for registration in the new breed.

T Tongue Strap Strap or tape bandage used to tie down a horse's tongue to prevent choking in a race or workout. Totalisator The automated system of betting on races that dispenses and records betting tickets, calculates and displays odds and payoffs, and provides a mechanism for cashing winning tickets, in which the winning bettors share the total amount bet, minus a percentage for the operators of the system, taxes etc.

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Off-Track Betting : Exacta Bets in OTB

Evergreen Park: Evergreen Park OTB (Hawthorne Race Course) W. 95th St. Evergreen Park, IL Off-track betting is the practice of betting on horse races from locations other than the hosting racetrack. Betting on the Kentucky Derby from a sports bar in Arizona is an example of off . Off-track betting One meaning for OTB is 'off-track betting,' which refers to legal gambling on horse racing outside of the race track. Usually, when you are into horse racing, and you feel .