Sports Betting Terminology - Sports Betting Glossary | Livebid

sports betting terms and glossary

Hey, look here, the most important sports betting terminology and glossary for understanding the terms of betting. We mention in this article most of the useful betting words and phrases to help in betting.

If you want to bet online on any betting website, then no need any of the advanced degrees in betting. You may like to use this betting terminology and sports glossary as a reference tool for when you see unknown betting terms like - any words or phrases.

A Guide for Sports Betting Terminology & Glossary:

You want to understand the languages of gambling terms. So, come to know all the sports terminologies: -

Action: This refers to having a bet on a particular sporting event. For Example; the bookmaker saw a lot of activity on the game. Numerous amateur bettors want to have "action" on a game.

Angles: This refers to any betting trends that might be associated to an upcoming event. On the off chance that a specific "angle" hangs out in the incapacitating procedure, the bettor may have more trust in the bet.

AOPR: This is an abbreviation for Average Opponent Power Rating (AOPR). Sports bettors use power appraisals to gauge the nature of a specific betting line.

ATS: ATS: This is a shortened form for Against The Spread (ATS). An ATS record quantifies how successful a group is at covering the point spread. Terminology for a sports games.


Bad Beat: A term that bettors refer to when betting is lost in a difficult manner. Disputable directing calls or basic turnovers/blunders are among the components that can prompt a terrible beat.

Beard: This refers to somebody that places betting for another person to conceal the real bettor's identity. A "beard" enables the professional sports gambler to bet without being noticed by the bookmaker.

Bet: This refers to placing a certain amount of money on the outcome of a sporting event. These bets are controlled by the point spreads and odds that are set by the bookmaker for each game.

Bet Limit: This refers to the amount of money that the bookmaker will accept on each event. Sportsbooks will have house limits for each game. Generally, limits will be higher for point spread or side bets than for over/under or total (sports betting terminology).

Book: This refers to a person or establishment that accepts betting on sports events. The term "book" can be associated with an online sports betting operation, a legal casino in the state of India or an illegal bookmaking business.

Bookie: A slang term for book. More often than not, "bookie" is utilized in reference to an illicit or neighborhood bookmaker rather than a India or any online bookmaker.

Bookmaker: Another term for book or bookie.

Buck: In the sports betting community, buck is a term used to indicate a betting of $100. The bets of ten "bucks" would like to $1,000.


Chalk: A term that is used to indicate the team or individual that is favored to win in a particular sporting event. Because many novice bettors like to betting on favored teams, they are often known as "chalk" players.

Circled: This refers to an event that has reduced betting limits. Games can be circled due to injuries, suspensions or extreme weather conditions. Most circled games are reduced by half the regular limit.

Cover: A term that is used to describe the team that wins against the point spread. Sports betting terminology for beginners.


Dime: In the sports betting community, dime is a term used to indicate a betting of $1,000. A betting of five "dimes" would compare to $5,000.

Dime Line: This refers to a money line betting format. At the point when a dime line is utilized, there is a ten-cent value distinction between the most loved and long shot. This system is most commonly used in baseball.

Dog: A slang term for the word underdog. In a sports betting line, the "dog" is the team that is not favored to win a game.


Early Money: This term refers to the initial betting action that occurs when a point spread is first posted on a game. A large portion of the early cash originates from elite athletics bettors (professional sports bettors). With early money betting, bettors can potentially take advantage of some soft odds before the numbers become more settled.

Edge: This term refers to a situation when a bettor has a supposed advantage over the bookmaker on a particular game. Sports betting terms for newbie.

Even Money: When this betting circumstance happens, the bettor doesn't need to lay any juice. Usually, the team that is drawing less betting action in a game will be moved down to even money odds in an attempt to balance out the betting for the two sides.

Exotic: These are non-standard bets that are different than the more common point spread and over/under betting. A few instances of "exotic" betting are parlays and mysteries of sports betting glossary.


Fade: In the sports betting community, this term refers to a conflicting betting against another player's action. When a high percentage of bettors are on one side for a particular game, some players will feel compelled to "fade" the other side.

Favorite: This term refers to a team that is expected to win a particular sporting event.

First Half Bet: This refers to a betting that is determined by the halftime score in a game.

Franklin: This is a term used to portray $100 money. The origin is based on Benjamin Franklin's picture being used on a $100 bill.


Gamble: To betting or bet an amount of money on the outcome of sporting betting terms.


Halftime Bet: A betting that is placed on the second half of a sporting event. At halftime, the bookmaker will post a new set of odds for just the second half of the game and any overtime periods that might be played in the contest.

Handicap: This refers to the process of breaking down and analyzing a point spread before placing a betting. Best sports betting dictionary for betting in India.

Handicapper: A term used to describe an individual that analyzes betting odds. Most of the time, a "handicapper" is known as someone that sells picks or betting advice to the public.

Handle: This refers to the total amount of money that a bookmaker has accepted on a particular game or event. The term "handle" is often used when a large amount of bets are accepted on a marquee sports event, like the Super Bowl.

Hook: A slang term that implies a half-point in a betting spread. For example, "six and a hook" would be utilized to describe a 6.5-point spread.


If Bet: This refers to a betting that can only be placed if another separate bet is successful. For example, a Monday night football betting will only be allowed if the bettor won his bet on the Sunday night game. All of the betting terminology for sports game.


Juice: This refers to the commission that bookmakers gain on losing betting. For most point spread bets, the "juice" is 10%. If a bettor wins, it included in the payout.


Laying: A term that is used to describe a betting that is placed on the favorite. When supporting a favorite, the bettor will "lay" or give points to the opposing side of sports betting.

Lines-maker: A term for someone that sets odds on sporting events. A lines maker may not necessarily book action. Many lines makers will sell betting odds to Sportsbook operations.

Long-shot: A term that is used to describe a team that is unlikely to win a sports event. For example, a club that won a championship right after a losing season would usually be viewed as a successful "long-shot" squad.


Middle: This occurs when successful bets are placed on each side of a sporting event. If there are big adjustments in a point spread, a bettor has the opportunity to get favorable odds on each side to "middle" the bookmaker with the right outcome.

Money Line: This is a betting line that is used for determining the winner of a sports event. For a cash arrange or straight bet, there are no focuses engaged with the chances.


Odds: These are the betting lines that are used for a sports event.

Odds-maker: Another term that refers to someone that sets odds on sports events.

Off the Board: This refers to a situation when betting is closed on a game. When a game is off the board, there is usually an uncertain situation involving a key player or some potential weather conditions that could dramatically affect the contest. Most of the time, a contest will be off the board for only a temporary period.

Opening Line: This refers to the initial point spread that is released by the bookmaker. Many professional sports bettors will target opening lines to gain some favorable betting before the odds settle in.

Online Sportsbook: A sports betting operation that offers betting services through the Internet.

Over: This occurs when the score exceeds the betting total for a sports event.

Over/Under: In the sports betting community, this term is used to refer to the betting total for a sports event. A player can bet that the score will go over the posted aggregate or under the figure.


Parlay: This is a type of betting that features two or more bets on a single ticket. While the payout odds on a parlay are more favorable than a single betting, the bettor cannot lose any of the plays on a parlay ticket for the bet to win.

Parlay Card: This is a unique form of parlay betting. While regular parlays are played from the regular lineup of betting events, a parlay card contains fixed numbers that aren't adjusted once the initial card is made available for betting. The majority of parlay card betting are placed on football games.

Past Post: This is a term that refers to any betting that is placed after a sporting event has started. A past post occurs most often in horse racing due to the frequency of bets that are placed right before the start of the event (Betting Terminology).

Pick: When neither team is favored in a point spread, the game is listed as a pick. In this situation, the bettor will simply "pick" which team will win the game. Sports betting terms explained for choosing odds.

Press: In the games betting network, this term alludes to a bettor that starts to bet more forcefully than typical. Most of the time, this occurs when the player is eagerly trying to recoup some lost bets.

Point Spread: A sort of betting line that includes a focused assignment for each side. For a point spread, the favored team will have a handicap of minus points while the underdog squad will receive the corresponding number of points to arrive at a balanced spread.

Price & Value: This term is utilized to reference the specific chances on a game or occasion.

Prop Bets: These are unique betting that isn't related to the standard point spread or money line bets on teams. Most proposition (prop) bets are matchup betting that are focused on the outcomes of individual players in a game.

Puck Line: This term is utilized for a one of a kind sort of hockey betting. When a puck line is used, the favored team is installed at -1.5 goals while the underdog club is listed at +1.5 goals.

Puppy: This is another term used to describe a team that is not expected to win a sports event.

Push: This occurs when a score will fall exactly on the point spread or total for a game. When there is a push, the bettor receives a refund on his betting.


Revenge: A common handicapping angle that is used by bettors. A sports betting will occur in certain rematch contests like a cricket on the same two teams. In the theory, the club that lost the previous matchup will be more inspired by the potential for "revenge" than the other squad.

Reverse: This is an if bet variation that involves two separate betting using the same two clubs - betting terminology in sports.

Rundown: This term is used to reference the schedule of games and events that a bettor can select from at a Sportsbook.

Run Line: A type of baseball betting that is similar to the puck line in hockey. With the run puck line, the supported group (- 1.5 runs) must win the game by in any event two runs while the dark horse squad (+1.5 runs) must win the challenges.


Sharp: A term used to reference a professional or savvy sports bettor. When the odds on a particular game are discussed in betting circles, it is fairly common for players to inquire about where the "sharp" money is going on a game.

Shill: An individual that promotes a business under the premises of not being directly associated with the company. In reality, the "shill" is being paid to promote the organization.

Smart Money: This refers to bets on an event that is placed by professional or sharp sports bettors.

Sportsbook: This refers to a business or establishment that accepts betting on sports events (sports betting terms for dummies).

Square: This term is used to describe novice or public sports bettors. Most "square" bettors aren't very successful. By and large, these sorts of players will betting on top choices.

Spread Betting: A type of sports betting where the amount the bettor wins or loses in the live game. It is determined by the margin of the betting money on the game. The value of a specified outcome varies because of the betting odds from the expected value.

Steam: This occurs when there is brisk action on one particular side of a betting line. A "steam" play will make the changes quickly move.

Stiff: This refers to an individual that avoids paying off gambling debts. These people are frequently connected with neighborhood bookmaking tasks.

Straight Up: This is another term that is used to reference a money line in betting. There are no focuses engaged with a straight-up sports betting line online.

Syndicate: These are a group of professional bettors that join together to betting on sports events. With additional intellectual and financial resources pooled together, many gambling "syndicates" have done quite well over the years.

Systems: These are betting formulas that players reference before making a bet. A betting "system" is generally attached to a lot of factual parameters.


Teaser: This form of betting consists of two or more bets on a single ticket. At the point when this sort of betting is put, the bettor can "bother" or add focuses to every one of the groups that are chosen in the bet. Like a parlay, none of the bets on the ticket can lose for the betting to be successful.

Total Bets: These are odds related to the number of points that two teams combine to score in a game. A total is also known as an over/under betting; understanding sports betting terminology.

Trends: This refers to a pattern of results that teams might develop that are related to betting outcomes. Many bettors will follow these "trends" when betting is placed.

Treble: A betting consisting of three words of separate selections in the games.


Under: This occurs when the combined number of points in a game is less than the posted total.

Underdog: This refers to the team that is not expected to win a particular sports event.

Upset: This occurs when an underdog team defeats a favored opponent in a game.


Vig: A betting word that abbreviation of vigorish, sports betting cover for new users.

Vigorish: This is a commission that bookmakers charge to bettors on point spread and total betting. For the most part, the vigorish or "juice" will be 10% on this kind of bets.

Value Bet: A betting where the theoretical knowledge likely use for winning the betting odds that bookmakers suggest.


Wager: This refers to a bet on the outcome of a sports event, sports betting terminology explained.

Wiseguy: This is an individual that is known to be a smart or savvy sports bettor. Most "wise-guys" are professional bettors.


Conclusion:

Finally, you understanding sports betting terminology & glossary for placing a bet in any betting platform. Sports betting glossary of terms is very necessary in gambling. In this article we mention all of the most important sports betting terms for dummies.

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Posted on 02/Mar/2020 By Admin