Sports Betting Terms 101
Say Mike bets $110 to win $100 on the Giants +3, while Tim like the Cowboys -3 and also puts up $110 to win $100. The sports book collects a total of $220 from the bets but will only have to payout $210 to the winner ($110 stake plus $100 profit). When you’re looking at the betting odds for totals, this is a reflection of the combined score of both teams. That means that you are looking at whether the combined score of both sides will go over or under a set number. (For that reason, this type of bet is also often called an over / under bet.) For example, the sportsbook might set the total at 66 for a college football game. This means that they predict that the two teams will score a combined total of 66 points.
When odds lengthen the likelihood of it happening is presumed to be less possible. The opposite of this is when the odds shorten and the potential return gets smaller. GamCare is an organisation that was started by the British Government in 1997 in order to help people with gambling addiction. It works in prevention and treatment and is linked to every UK accredited casino and bookmaker around. If you think you might be addicted to gambling please take the time to visit the GamCare website.
- For example a stronger team starting with a one goal disadvantage.
- Hurdle – A type of fence in national hunt racing that are at least 3 and ½ feet in height.
- The side expected to win a sporting event, with odds reflecting perceived confidence in favored team/person.
- Runner – Contestant or selection or someone who places bets for someone else.
- This form of betting odds focuses just on who will be the outright winner.
- Quite simply, action is another word for a bet placed with a bookie.
You want to avoid books that put a 20-cent gap (Cards -145/Nats only +125) or more in their prices. Total – The final combined points/goals/runs scored by two teams in a sporting event. OVER/UNDER – A bet on whether the combined points/goals/runs scored by two teams will go OVER or UNDER a number specified by the sportsbook (also called the “total”). OVER– When the number of final combined points/goals/runs scored by two teams finishes above the total posted by a sportsbook.
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US – +100; a (+) indicates the amount that would be won for every 100 bet placed. A situation where you win on both sides of the same bet by exploiting odds/points Nhl Odds And Betting Lines movements/discrepancies over time. A numerical figure set by the bookmaker to counter the perceived bias in abilities of opponents – this provides more balanced odds.
Run Line – This is a point spread of sorts for baseball games based on the number of runs scored. The run line is typically plus or minus 1.5 since there are so few runs scored in baseball. Sportsbooks might offer an alternative run line with more or fewer runs scored.
Combination bet over four selections providing; 4 singles, 6 doubles, 4 trebles and a fourfold accumulator. A bet at very long odds on a selection that is statistically unlikely to win. A machine, normaly found in high street bookmakers, that allow the play of casino and slot games with bets accepted of up to £100. A wager placed on the exact outcome of a sporting event, for instance 1-0, or 2-1, etc.
Straight Bet – A single wager on just one team or athlete. Off the Board – A game bettors cannot currently wager on due to certain circumstances. No Action – A wager that is canceled with money refunded back to the bettor.
The same as buying points, this refers to when a gambler can trade better money odds for an extra half-point on the spread. A wager that’s such a big favorite it’s thought to be a guaranteed winner. A bet on baseball that only plays if both of the scheduled starting pitchers end up starting the game.
If you wanted to bet on Patrick Mahomes scoring the first touchdown of Super Bowl LIV at 22-to-1 odds, you could have done so . There are props for players over a certain amount of passing, rushing or receiving yards. It has spread from the Super Bowl too and can be found for plenty of prime-time games.