Sports Betting Terms Explained A - Z | BettingFinder.com

Betting Terms Explained

Money Line

  • It’s the simplest type of bet also the most expensive. It is done based on the line provided by the Sportsbook, for example: In an NFL Packers vs Patriots match, the favorite team has a negative number (-150) while the underdog one positive (+110). It only bets on the final result of the matchup.
  • Packers: -150 means you should bet $ 150 to win $ 100.
    Patriots: +110 means you must bet $ 110 to win $ 100.

Point Spread

  • It is the advantage of points that the Sportsbook gives to the underdog team, it does not depend on the final match result.
  • For example: Steelers -3 vs Colts +4 if you are going to bet on the favorite (Steelers) the match will start with -3 points against the Steelers, this means that the match must end at least 14 – 10 to win The bet.
  • If the game ends Steelers 11 vs Colts 10 you will have lost the bet since it does not cover the Spread.
  • The Point Spread is simply a point advantage given by the Sportsbook to the underdog team.

Over/Under

  • Betting ‘Over’ is betting on more than a set number of goals, and betting ‘Under’ is betting on less than a set number of goals.

Across the board

  • Method of betting on a classic career. It is charged if the horse ends in the first, second or third place.

Gambler

  • Person who bets an amount of money, and accepts the fee offered by a bookmaker for reaching the final score of a sporting event.

Bet

  • Game in which a person risks money for the final result of a sporting event.
  • Canceled: Bet that is returned to the bettor account for various reasons, such as a football match is canceled due to bad weather.

System bet

  • For example, a system bet estimated at 3/5. In this system, five forecasts are chosen. To obtain benefits, at least three forecasts must be correct.

Props

  • Bet on a long-term sports event. For example, who will win the Super Bowl?

Live Betting:

  • et on a sports event in real time. The odds differ greatly and depend on the course of the sporting event.

Combination or Parlay

  • Bet that is not related to the outcome of the sporting event. For example, who would be the next coach of Real Madrid?

Simple bet

  • Bet with a single prediction about a sporting event.

Combined bet

  • Betting for several sporting events. You have to hit all the predictions to win the bet. The benefits depend on the combination of the various fees.

Banker

  • A bet whose probability of winning is considered very high. In system bets, you can choose a banker, it is a sure result that is played in all combinations and must be good to win.

Bonus

  • It is a prize given by the bookmaker to his clients. There is a particular incentive for new clients, for which you open an account, or also for existing clients.

Online Bookmaker

  • A bookmaker is a company that offers sports betting.

Amount wagered

  • It is the sum of money that is placed in a bet. If it is a winner, the amount multiplied by the quota is returned; If the result is not reached, the risky risk is lost.

Sportsbook

  • It is the company that offers odds for different sporting events and manages the accounts of its betting clients.

Chalk

  • A favorite.

Chalk player

  • A person who normally plays favorite teams.

Amount to be returned

  • Your benefit, including risky money.

Account

  • Once you have registered, receive the login data (username, password …), which will allow you to place your bets and have your account, as well as make deposits and withdrawals.

Odds

  • The fee is a plotter of the potential winnings to a bet. There are several types of fees.

American Odds

  • It is a quota that can be expressed as a positive or negative number (ex: -110 or 110).

Dead Heat

  • When two or same horses or dogs finish the race without a clear winner.

Deposit

  • The money that the bettor deposited in his account in the Sportsbook.

Double chance

  • A bet with two forecasts for the same sporting event. Example: In a football match, bet on victory and draw at the same time.

Double result (Halftime / Fulltime)

  • Bet on the result of a match at the end of the first part and at the end of the game.

Winner

  • Bet on the final result of the match.

Profit

  • The money you earn if your bet has an impact.

H2H (head to head)

  • Win the bet if the best athlete wins between two participants. These bets exist in sports disciplines such as Formula One or Alpine skiing.

Handicap

  • The bet includes an advantage of one goal or more for the inferior team a priori and allows assimilate the odds.

Asian Handicap

  • The Asian handicap is similar to the handicap, but has specific rules. For example, you can not bet on a draw.

Hedge/Hedging

  • Make bets to both teams in a match to prevent losses or guarantee a minimum money benefit.

Juice

  • It’s the commission for the bookmaker.

Reduced Juice

  • Are the lines (Odds) with a reduced number for example: If you are going to bet the Money Line with reduced juice this will look similar to -105 you can say that reduced juice is all lower than -110.

Lay

  • Sale of a bet in a betting exchange house.

Off the board

  • A game in which the bookmaker does not accept more bets. The event has already begun.

First time

  • Bet on the result of the game at the end of the first part.

Probability

  • Percentage that represents the chances of a team’s victory in an event.

Exact result

  • Bet on the exact result of a match.

Score

  • Earn a lot of money.

Stake

  • The money that is bet.

Sucker bet

  • The risk of winning a ‘sucker bet’ is very large, the odds are very high.

Theoretical Hold Percentage

  • The risk that the bookmaker can run if the prices guarantee a constant commission regardless of the results.

Underdog

  • A team that has little chance of winning a game. Your quote is very high.

Underlay

  • When the prices in a proposition are in favor of the betting house.

Value bet

  • The same as ‘Underlay’.

Wager limit

  • Maximum bet accepted by the bookmaker before the price changes.

Wiseguy

  • A bettor who knows a lot about football and other sports disciplines.