Horse Racing Tips

A double result is what happens when you bet on both the half-time result and the full-time result. Again mostly referring to football, it helps you to booster your odds by betting on a dramatic game. Double chance is a great thing if you don’t know quite how a result is going to go. In football it means backing either team 1 or team 2 to win or draw, or against a draw at all. If you bet on the favourite however, this could mean extremely low odds.

  • Some sportsbooks, such as Bodog, offer larger promotions to bettors making their first deposit with cryptocurrencies, such as Bitcoin.
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  • Group races are run on the Flat; Graded races are run over jumps .
  • From this figure, bettors can wager over or under and the bet will be decided on the resulting score.

The May 2018 ruling opens the door for states to legalize sports betting and profit from an industry that had previously taken an estimated $150 billion illegal bets annually. To help understand the gambling lingo and betting slang, we’ve defined the most common gambling phrases used in sports betting. The goal of sports betting is to maximize value on each wager. A horse racing bet where the top three finishers in a horse race must be predicted in order for the bet to win. A type of bet where bettors make multiple selections, all of which have to win in order for the parlay to be successful. The sportsbook or people at a sportsbook who set the betting odds for sporting events.

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The National Collegiate Athletic Association is the collective name for all major sports leagues. Major League Baseball has been around for well over a half-century now and continues to draw in millions of fans and viewers each year. The competition features teams from the US and Canada and is concluded with the World Series each year.

A type of baseball betting, where the pitchers that are listed as the starters must pitch, or the bet is graded as a push. A game that is receiving a high volume of one-sided action, which usually denotes some sort of knowledge from bettors that are perceived to be sharp. A half point, which can often come into play in spread and totals betting scenarios.

Buy points – Accepting inferior odds in exchange for an increased point spread advantage. Black Type – Term used by the bloodstock industry to denote a horse that has won or been placed in a Pattern/Listed race. Horses ‘going for black type’ are attempting to win or be placed in a Pattern/Listed race to improve their breeding value. ATS is betting on a selection that is giving away points/goals and opposing the perceived logic of the spread. Asian Handicap – Two-way market that uses a point/goal Handicap to alter perceived bias between two competing teams and also eliminates the possibility of a draw. The odds of a given market can also be referred to as the price.

Combination Bet

Shortening the Odds – Bookmakers decision to lower the odds price for an event due to heavy wagers or other factors. Reverse Forecast – A forecast bet predicting a minimum of 1st and 2nd place where either selection can finish in either place to win. Odds – Returns offered by a bookmaker relative to stake for a given scenario. Objection – Contestant or owner objection to the conduct or result during a race or event, often followed by an investigation / enquiry. In Play – An event that has already started, also termed in running, this may refer to a form of live betting.

Explanation Of Cricket Odds

This refers to an accumulation of all the teams or players that are not specifically listed. Buying Points – Paying an additional fee in order to get a game at a more attractive price. Often times bettors will buy points in football around key numbers such as 3 and 7.

So, if the horse you back comes second behind the favourite you’ve won the bet. Push – When neither team covers the spread , no one wins the bet and all wagers are refunded. Consensus – Percentage of the betting public on each side of a game. Book – An place where someone can bet on the outcome of sporting events. Wire-to-Wire – This is a wager that a team will lead at every quarter or for a specific number of quarters. Tout – A person who sells or gives away sports betting picks.

The Valuebet Term

Terms like ATS, cover, chalk and sharp can go over our heads if we don’t know the proper definitions. Oddsmaker-The person who decides the odds on the outcome of a game or event. This is a broad term that could refer to a simple accumulator or more complex bets like a Lucky 31.

What Is Asian Handicap Betting?

The side expected to lose a sporting event, with odds reflecting perceived lack of confidence in team/person. The betting line on the total number of points or goals scored in a sporting event, with action taken on whether there will be more or fewer points or goals scored. To bet or wager on the outcome of a sporting event, most often within the parameters of agreed upon odds. The side expected to win a sporting event, with odds reflecting perceived confidence in favored team/person.