Sports betting terms explained variation

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There are dozens of ways to bet on sports , and this handy sports betting guide can help you figure out what some of the most popular sports betting terminology means. Money line: Wager on baseball's final series of the season by betting on the money line. Outright: This is one of the easiest sports bets you can place because you simply choose one player to win an entire sporting event. This is a particularly popular method for wagering on golf and car racing, both of which have big events this weekend.

Prop bet: This very popular betting style lets you wager on outcomes other than the final score of a game. Popular prop bets include how many touchdown passes a quarterback will throw or how many points a hockey player will register.

Against the spread: The best way to play along this football season is with a spread bet. If San Francisco is listed as the 7. Atlanta can cover the spread by winning outright or losing by 7 or fewer to cover. Push: If neither team can cover a spread, the result is called a push.

If Dallas closes as a three-point favorite against Cincinnati and then wins the game , neither team covers the spread and all bets are returned. Teaser: A teaser is a type of parlay where you can adjust the point spread to lower the risk. If your two favorite teams are seven-point favorites and you are unsure if they will cover their spreads, you can use a six-point teaser to drop each team to a -1 favorite and only need two points to cover.

Parlay: This betting style involves putting two or more sides on one wager and all sides must win, so the risk is higher but so is the reward. Banker — is short-priced selection of bets Bad Beat — a situation in a draw when a clear leader loses to an opponent who has a very weak chance of winning.

Backdoor Cover — is a process which describes what happens in a sporting event when actions occur that causes you to win or lose your bet without affecting the whole outcome of the game. Buck — means the U. Book Sportsbook — a place where a user can wager on various competitions including different sports.

Bonus — different types of rewards to attract players. Betting Unit — is a dollar amount which is placed on a wager remaining consistent on each bet. Betting Exchange — a marketplace for customers to bet on the outcome of several events. 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.

Question top football betting websites online can recommend

Action A common name for wager of any kind. Against the Spread A type of wager which will depend on the point spread. Any points that are left are granted to a particular team in order to complete the bet. Arbitrage A type of a value betting opportunity where you can make a wager on either outcome of an event and still turn a profit. Bankroll The total amount that a player has on their hands and can wager with. Bankrolls are kept by the sportsbooks and can be withdrawn at the request of customers.

Betting Exchange The betting exchange was introduced in the United Kingdom with the arrival of Betfair. These betting venues allow bettors to play against each other rather than try to beat the sportsbook. Betting exchanges always command a small fee on any wager, and this is how they generate profit. Bettor The standard term for a person who places wagers on the outcome of sports.

This term is more commonly used in the United Kingdom than the United States. Chalk A very useful and popular term that is used to denote the most likely winner, or favorite, in a particular sports betting contest. Chalk Bettor A bettor who only ever backs the favorites. This type of play usually fetches less than ideal profit, but it helps bettors build profit and develop their bankrolls incrementally. Cover the Spread A type of wager that is placed against the spread.

Double Bet A bet that is placed on two possible outcomes whether on the same game or across different contests. Even Money An interesting name for a wager which denotes a competition where the odds of winning are Fixed Odds Odds that do not change based on the progressing of sports betting event but remain unchanged all throughout a game. Form A very useful term that denotes the recent performance of a player or a team and is used by bettors to decide.

Fractional Odds A type of odds display that represents the odds as a fractional value. These odds are used in the United Kingdom. G Placing a wager, used colloquially. Goliath A super bet that involves bets across multiple selections. The yield usually reaches hundreds of thousands worth of payout. Grand Salami A fun type of wager that denotes how many points have been scored in a single day of hockey matches. In these scenarios, the sportsbooks are attempting to level the field between teams, making the outcome more unpredictable and giving underdog bettors a slight edge.

All told, there are plenty of ways to take advantage of your sports book deposit offer. Sports book betting guide, glossary, terms Before you play, make sure you know the common betting terms you'll see. There are dozens of ways to bet on sports , and this handy sports betting guide can help you figure out what some of the most popular sports betting terminology means.

Money line: Wager on baseball's final series of the season by betting on the money line. Outright: This is one of the easiest sports bets you can place because you simply choose one player to win an entire sporting event. This is a particularly popular method for wagering on golf and car racing, both of which have big events this weekend.

Prop bet: This very popular betting style lets you wager on outcomes other than the final score of a game. Popular prop bets include how many touchdown passes a quarterback will throw or how many points a hockey player will register. Against the spread: The best way to play along this football season is with a spread bet. If San Francisco is listed as the 7. Atlanta can cover the spread by winning outright or losing by 7 or fewer to cover.

Push: If neither team can cover a spread, the result is called a push. If Dallas closes as a three-point favorite against Cincinnati and then wins the game , neither team covers the spread and all bets are returned. Teaser: A teaser is a type of parlay where you can adjust the point spread to lower the risk.