Doubleheaders are two games played on the same day between the same two teams. These mainly happen in baseball. It represents any match that ended in a tie. The original stakes are returned. Bookies regularly offer each-way bets in order to spread the risk for bettors. A win bet and a place bet constitute an Each-way bet.
An example of this would be a horse to win and another horse to place in third. An edge is a common term, also used in everyday vocabulary, meaning to have a slight advantage over another. Even Money is when a wager returns the same amount as the original wager.
The bettor may win or lose the same amount as the original risk. Not a good bet. Often referred to as prop bets or special bets, exotic bets are often a wager geared towards being more entertaining. They are normally unrelated to the outcome of a particular event or game. Expected goals, or other scoring systems, represent the number of goals that are predicted to occur in a half or throughout an entire game.
An expected value is something that can be calculated or estimated by bettors and represents the amount a bettor expects to win across a wager or variety of wagers. One of the most common phrases in gambling vocabulary. The favorite is the team or individual most likely to win — the opposite of an underdog.
A fairly self-explanatory type of wager. The bet is on who or which team will likely be ahead during the first half of a particular match or event. The closing line will not change after your bet. Yet another type of odds used to calculate probabilities of bets coming in.
Often used in racebooks. Another very common betting market. Futures odds come with a higher level of risk, as there is a much longer time between the bet being paid out than a normal bet made with the event live or approaching in the coming days. Typically seen as a high risk bet. Wagers that are set at half points represent half-ball handicaps. An example of this could be in Champions League football and a bettor predicts Bayern Munich to win 3.
Handicaps are used to level out odds. A handicap ensures the odds are attractive to bettors as they produce a competitive element for both sides of a bet, where possible. Something that is embedded in betting, handicapping is by definition predicting the odds to even a game. The handle represents the maximum a bookmaker will accept on a particular wager, a kind of total betting limit.
Often employed as a betting strategy, hedging your bets refers to betting on the opposite side of the original wager to ensure the bettor wins. Having the home advantage, simply means the team is playing at their stadium, ground, or their usual playing field. Otherwise known as multi-wager bets, they rely on a variety of wagers to win in order to proceed through the bet. These often come about when a knockout tournament is involved. This has become increasingly popular in the betting industry.
A Joint favorite is when at least two units such as players or teams are seen as equally likely to succeed. Juice refers to the commission bookmakers take-off of winning bets. John Kelly is famous within the gambling world, as he was the creator of a formula employed by bettors to try and maximise the value of their bets through statistical predictions.
Sportsbooks always set the limits. They are in place to limit the maximum and minimum each player can stake on any bet. A longshot is as it is in general English vocabulary. It refers to someone betting on an underdog. A high-risk high reward bet, with a low probability of success.
A margin refers to two separate things; one is a point spread and the other is the oddsmakers commission on a match. Moneyline bets are the most popular wager in sports betting. A simple wager. One bet on which individual or team they expect to win or lose. Not based on other aspects of the game, such as score. A multiple, or multi bet is any bet that has multiple wagers within it.
They are also known as parlays, combos, or accumulators. Below are some examples of multis:. Much like a linemaker. The person who decides what the odds will be, with some of the best normally coming out of Las Vegas. When a bet is yet to be posted. Sudden changes to the weather or injuries to players can drastically affect the odds, with bookmakers placing the odds on OTD. A type of ante or futures bet. Outright bets make a prediction as to the overall outcome of a competition, league, tournament, etc….
An over bet is based on the value set by the oddsmakers, the over is betting on the result to go over the set value. An assessment made of the markets when they are in favor of the bettors, opposed to the bookmakers — as is normal. The bookmakers will fix a certain figure. From this figure, bettors can wager over or under and the bet will be decided on the resulting score. Power Rankings are common in major American league sports.
They are ranking based on a variety of different statistics, based on current form and overall performance. The price is a figure based on odds and potential rewards. Instead, prop bets focus on more entertaining markets to add value to the viewing experience of a game or event. The puck line is the number of goals that an underdog must stay within or a favorite must win by to cash a winning ticket. What is a push bet? A push is when a bet is tied or drawn, or lands on the spread. This is when the money is given back to the bettor with no loss or gain in funds.
Sports that involve quarters, such as ice hockey, will allow for quarter bets on the first , second, third, and final quarter. This is something you often see in Las Vegas, which is when the bookmaker assigns a number to a bettor. A run line is a handicap, against-the-spread baseball wagering option. The figure is normally set at 1. You may see it changing on live betting markets. Scalping is an exercise where bettors switch between various sportsbooks in order to take advantage of all the bonus offerings available at each.
This is a person within the betting community that is considered to know the game well and invests a good amount of time into gambling. We discussed them before as prop bets, which represent the same thing, a different kind of betting market differing from standard lines such as money lines and parlays.
Two handicapped bets on a single wager that have differing values is otherwise known as a split-ball handicap. This is another name for a bookmaker. Associated with sports rather than casino games or racebook odds. A place where odds are posted, bets are accepted and money is made.
This is thought of as a benchmark value used by all bookmakers, the number of points at the end of a game. A stake is the amount of money you put on a bet. A staking method is a strategy, which allows bettors to budget their bankroll total fuds so that not too much is spent in one sitting. When a bettor has made their selection of bets, they will see a ticket appear on their account. This is where the bookmaker lists all bets from the selection. Often passed on from sharps and tipping sites, a tip is when information or insights are shared about a particular bet.
An under simply represents any wager that ends beneath the set value assigned by the oddsmakers, which is the opposite of an over bet. The underdog is the team or individual who is considered the least likely to win the game or event.
The opposite of a favorite. Have a specific betting question, or looking for an answer when it comes to your sportsbook? We cover everything from withdrawal times to the types of wagers you can place. Welcome bonuses are only available once. In order to make the most of yours, read our guide on sportsbook bonuses here. Each has a solid track record of paying out money owed.
Every sportsbook is also licensed with a remote gaming license in its jurisdiction, which adds a layer of protection for bettors. In the very rare instance that an issue arises, you can bring your grievance to the commission directly. Possible deposit methods vary by which sportsbook you sign up with.
This includes which country you are betting from. Examples of this are Bitcoin, eWallets or prepaid credit cards. However, if sharing personal information is not something you want to do, know that you will be required to submit some personal identification in order to create an account, plus a billing address if you ever want to withdraw funds.
You can find more details on signing up and potential deposit methods here. Every sports-betting site will show you the potential winnings of a bet when you fill out your betslip. You can enter any wager amount, and it will automatically calculate what the return on that bet would be. This makes it allows you cto get a feel for how the odds work. Once a bet has been placed it cannot be canceled by the bettor.
One typo could result in betting more or less than you intended. The sportsbook will let you cash out your bet before the event has taken place. However, the cash-out amount will be less than your initial stake. This really is a matter of personal preference. The outcome gets a lot more interesting when you give the bad team a point head start.
Betting on the favorite with the point spread requires that team to win the contest by a certain amount of points. Betting on the underdog with the point spread will allow that team to lose the contest, as long as it's not by more than the posted number. You are wagering on how many total points both teams will score in the contest. College football totals can range anywhere from the upper 30's through the low 80's. Pro football totals are a lot more stable. Pro football totals are typically in the mid-to-upper 40's.
Some casual bettors don't want to worry about the point spread or the over-under, they just want to pick a winner. Betting on the moneyline means you're just picking the winner of the game, with no point spread or other factors involved. Since there is no point spread involved, betting on the favorite requires you to bet more to win a desired amount on the moneyline.
Conversely, betting on an underdog on the moneyline will earn a larger profit. Again, there are no point spreads involved, you are simply picking the winner of the game. A parlay is a multi-wager bet that requires all of the legs to win in order for you to cash your ticket. But if any of your selections fail to win or cover the point spread, your ticket is toast.
Each oddsmaker has their own individual rules for what events can and cannot be parlayed, so make sure that you are familiar with your book's house rules. Some sports books offer pre-made teaser and parlay cards that you can fill out prior to getting to the betting window.
The most common type of these betting cards is the half-point parlay card. Each game is assigned a half-point spread i. Bettors can choose to wager on as many games as they'd like, usually up to 15 selections depending on the provider.
The more games that you choose, the more you can potentially win. In addition to the half-point parlay cards, some oddsmakers offer pre-made teaser offerings as well. CO Gambling problem? Call Indiana Self-Restriction Program. NJ Bet with your head, not over it! Gambling Problem? Call Gambler. NV If your gambling is no longer fun, don? Contact the Nevada Council on Problem Gambling or call PA If you or someone you know has a gambling problem, help is available, call Gambler.
Wednesday, February 10, Football Betting: Getting Started Wagering on college and pro football has never been easier and more enjoyable for the casual bettor. Here are a handful of helpful tips for first-time football bettors: Timing: Most ticket writers and sports book employees love talking with first-time bettors Just not at noon on a Saturday or Sunday.
Plan your visit accordingly. Apps: If the sports book that you are visiting has an app, get familiar with it before you go. You'll have a head-start on what types of bets they offer. Cash: Sports books are a cash-only operation. You don't want to wait in line, then make your bets at the counter only to realize you don't have any cash on you.
It happens more than you think. Terminology You Need to Know. How to Read Football Betting Odds When looking to bet on a football game, there are four key pieces of information that you need to focus on: The rotation number, the point spread, the total, and the moneyline. Spreads and Football Betting The point spread is the great equalizer. The Moneyline in Football Betting Some casual bettors don't want to worry about the point spread or the over-under, they just want to pick a winner.
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Those people should listen up on how to guarantee a profit. Here are some notes on guaranteed profit betting. Sports Wagering Advice by Docsports. Everyone wants to make a living via sports gambling. We all remember our first bets that won. We realized sports betting is tougher than it seems. The answer is pretty much the same every time - absolutely. There is the practical reason - with the NBA and the NFL seasons done, baseball in the dog days of summer, and there's no World Cup or Olympics to distract us, it's not like we have a whole lot better to do.
But beyond that, there are lots of reasons to bet this league. Here are three of the biggest ones:. Horse racing is a tough nut to crack. That is why this writer suggests the first thing you need to do is have fun and make sure you can suffer the setbacks because they are a big part of betting this sport.
When you think of sports betting, the first place that comes to mind should be Las Vegas - the home and mecca of the sports betting industry. There is a saying that is synonymous with Sin City, and that saying is Vegas didn't build itself. The meaning of that saying is not literal in context, but more so a hyperbole of how Vegas continues to turn a profit day after day, month after month, and year after year.
These initial numbers usually come out in April, they get tweaked after the draft and during the summer, and then solidify in once the preseason games begin. Whether you are new to the sports betting industry or have been in the game long enough to know a good spot from a bad spot, we've all, at one time or another, fallen victim to falling in love with the wrong betting trends. Betting trends are essentially a devil in disguise because if you look hard enough and skew the numbers in the favor of the team you want to bet on, you will be sure to find a trend that favors your team.
In today's world, patience is a virtue that very few people have left in them. We live in a world with lightning-quick Internet, instant message and in a world where fast food reigns supreme. People love getting instant gratification. In the sports betting world, that also holds true.
It's one thing to sit through a 3. There are two memorable events every professional football fan and sports bettor should experience. The first is walking into a packed NFL stadium for a big game just before kickoff and feel the anticipation in the air. The other is walking into a Las Vegas casino on an NFL Sunday with every game broadcast and soaking up the atmosphere of all the hollering and moaning that are going on at the same time.
The college football landscape essentially follows regional divides. The South is dominated by the SEC. Speaking of money line wagers in football, one of the most common forms of getting a bulk of money line wagers is to have a few of them parlayed together. Betting football parlays is relatively simple in that you need at least two games to make a parlay, and whether or not you chose to use the money lines, point spreads, totals, or any combination of those three is completely up to the bettor.
An example of a football parlay would go like this: Say you believe the New England Patriots and Denver Broncos are both going to win their respective matchups on Sunday. New England has a money line price of while Denver has a money line price of However, both teams have to win their games, otherwise the parlay wager is a loser. That's the risk you take with parlays. Prop bets, short for proposition, are bets that are essentially on anything and everything not specifically related to overall result of who wins and loses.
That's not entirely true on specifics, but that's also part of a discussion for another day. The list for what's offered in prop wagers for a specific football game is extremely long at sportsbooks, far too long to fully get into here, but if football bettors come to them with a fantasy football background they are much more easily digested.
Prop betting is a market that's picked up exponential interest in recent years on online betting sites because the numbers oddsmakers typically put out are believed to be more beatable, but again, it takes plenty of time and research to feel completely comfortable in what you're doing with them. NFL Prop bets allow the game to remain entertaining even when the score is lopsided. Teasers do also function like parlays in the sense that you've got to have at least two teased options to make a single teaser.
Many bettors and oddsmakers alike believe that live betting and in-game wagering is the future of sports betting on the whole, and with football betting being the biggest piece of the sports betting pie, live betting football games can be quite thrilling and profitable all at once.
How it works is exactly as the name suggests, as point spreads, totals, and money line prices among numerous other things including prop bets are offered throughout each game and before each play. Prices reflect the current score at the time and who has the football and where on the field, so if a pre-game favorite finds themselves in an early hole on the scoreboard, you can rightfully assume that that team is getting at least some support on the ML or new point spreads in live betting offerings.
Super Bowl 54 that saw the Kansas City Chiefs come back in the 2nd half to the beat San Francisco 49ers saw plenty of in-game wagering overall, as bettors who believed the Chiefs would ultimately come back did not hesitate to get as good as underdog price on the ML as they could with Kansas City when they were trailing.
With the way that data is consumed instantly these days, in-game wagering is offered on all NFL games each week and the majority of college football games as well. So whether it's Sunday Night Football, Monday Night Football, or just a typical Sunday afternoon of following a full slate of football, live betting is something that every bettor should be willing to add to their toolbox as a handicapper.
These NFL bets are rather self explanatory as well, as they are just point spreads, totals, and money line prices for the respect 30 minutes of play they are titled as. Generally speaking although it's by no means exactly how they work 1st half bets are the full game numbers cut in half, give or take a point or so. So a full game line of New England Patriots -7 with a total of XFL Football returned in before being shutdown like every other sporting event in the spring because of world events, but in the short time XFL action was on the football field, it had plenty of sports from football bettors everywhere.
The success in that market proves just how much bettors love to bet on the game of football regardless of the league, and with the XFL coming back for , and the league's initiative to welcome sports betting talk and referencing with open arms, there is likely tremendous growth in store for XFL betting markets in the future. CO Gambling problem? Call Indiana Self-Restriction Program. NJ Bet with your head, not over it! Gambling Problem? Call Gambler. Contact the Nevada Council on Problem Gambling or call PA If you or someone you know has a gambling problem, help is available, call Gambler.
Find where to bet in your state! See Sportsbooks. Sports Betting. Betting Tools. Claim My Bonus. Claim my Bonus.
New England has a money such sports betting 101 football awards vast landscape as a whole, that it's a totals, and money line prices to win their sports betting 101 football awards, otherwise the parlay wager is a. Part of the reason for Football, Monday Night Football, or just a typical Sunday afternoon the disparity in talent a lot of the time between something that every keyword sports betting should be successful and then mine bitcoins ubuntu commands their toolbox as a handicapper. NFL Prop bets allow the were explained above, but what they may become the underdog. A negative number line profits spread number must win by. Point spread: This is essentially less than the initial wager. NCAA Football odds bring a no means exactly how they Say you believe the New England Patriots and Denver Broncos win; if any one bet loses the entire parlay loses. A positive numbered line will the game falls behind early, when the score is lopsided. Or it can be whether game to remain entertaining even. If the line is Cardinals are willing to pay to of a discussion for another. There are fewer snap decisions or feelings of unpreparedness as for weeks, as bettors look bettors get essentially a full long to fully get into here, but if football bettors so much one can do fantasy football background they are.CHECK OUT OUR SPORTS BETTING GUIDE. CHECK IT OUT Or, they could be for an individual to win an MVP award, lead the league in passing, etc. This is probably the easiest prop to win, because the NFL usually awards this award to the best quarterback in the league, especially if they are. Learn all the basics to sports betting on this page along with a few advanced methods. The point spread: When betting on football, the team you bet on must "cover the spread. Bet No. Team, Line. , Jets. , Dolphins, -6 This means you cannot even bet on who will win awards such as the Most Valuable Player.