Glossary Of Betting Terminology

This can also be applied to a specific quarter in American football or basketball, a fewer number of innings in baseball, or a specific period in hockey. The possible payout of the parlay is determined by the combined likelihood of all bets placed. A parlay of riskier bets will pay greater than a parlay of more likely bets .

Betfair Commission

Sports Poolsare a product offered on the Marathonbet website where you buy into a pool, and make a selection in each of the events within that particular pool. You can do this individually or join/create a syndicate. There are no odds involved and the returns are based on the amount of winning entries in that pool.

Sports Betting Lingo: A

Back Marker – In a standing start event, which is informative post handicapped, the horse who is given the biggest handicap is known as the backmarker. Approximates – The approximate price a horse is quoted at before a race begins. Bookmakers use these approximates as a guide to set their boards. Abandoned – A race meeting which has been cancelled because a club did not receive sufficient nominations to be able to stage it, or because of bad weather which made racing on the track unsafe.

Parlays are essentially a combination of two or more bets into one, such as three teams winning their respective matches. These parlays are usually a long shot since so many teams have to win, but in the end, they are also some of the highest paying games. You can pick teams to cover the point spread, over or unders, or moneylines in a parlay and sometimes you can mix in different sports. With the spread and the total, you will occasionally see that the odds are distributed with “half points,” which are in place to prevent a “push,” or no one winning or losing the bets. As long as there is a winner or loser, the sportsbooks will make their money on the juice and be happy. There is also the total score or the over/under, and this line lets you bet on whether or not the total score between all competitors will go above or below a predetermined amount.

A way of outdoing the dealer and the game in Blackjack. It’s a form of continue reading cheating, whereby you remember the cards that have been played so as to make an informed guess on the remaining cards and cheat the game. It ensures they only gamble with money that they have set aside prior to the game. In Craps, this is the player thought to possess special skills throwing dice, giving them the power to alter the odds of the game. The amount of money that a player bets across the whole playing session.

A bet commonly used in horse-racing in which the bettor must correctly pick which two horses will finish in first and second place in exact order (also known as a “Perfecta”). A multiple bet consisting of 26 bets (10 doubles, 10 trebles, 5 4-folds and 1 5-fold) with 5 selections in different events (also known as a “Super Yankee”). A bet placed on almost sure to win favorites and is, therefore, expected to bring a certain profit.

Rules Of Tennis Betting

If you can’t figure out which horse is going to win a race, you probably shouldn’t be diving into bets requiring you to also pick horses in second, third, or fourth. But if you find a solid play for the win, then you can start to branch out into the more complicated wagers. Like in poker, you need to go “all in” when you feel you have the advantage, not because you want the action. So we’ve discussed the vertical exotics , let’s talk about the horizontal bets, which are some of the most popular bets at the track. A horizontal wager is any bet that involves betting on a series of races, rather that just one specific race.

Often printed and included in the track program or sold online and in publications like Daily Racing Form. Unit of measurement, about the length of a horse’s neck (one-quarter of a length), used to determine the margin of distance between horses. Action of a tiring horse, bearing in or out, failing to keep a straight course. The internal splits of a race time, typically measured in quarter-mile increments. Female horse up to and including the age of 4, often grouped together in races for competitive balance. When a horse does not complete a race after the jockey pulls him up due to a physical or equipment problem.

A Pick 4, where you try to pick the winners of four consecutive races, is a horizontal wager and can pay very nicely, depending on the odds of the horses that win during the sequence. As with all wagers, you can select as many horses as you want but the cost of your ticket increases with every horse added into the mix. Kansas City would be the underdog and displayed as Kansas City +6. If you bet the favorite, Detroit has to win by more than six points to win your bet. Remember, the Lions are favored by six points, so we subtract six points from their final score on a spread bet. If Detroit were to win 27-20, Lions bettors would win their wager.

Ok, we’ll give you the benefit of the doubt and assume that you slipped when you clicked one or two of your answers. Or maybe you just got tripped up by that genius Julius American answer! Either way, looks like you’re almost ready to start playing for cash. Armed with the above knowledge, you should now have a pretty good idea of how to read sports lines. Sportsbook odds can appear in any of the above formats, so it’s helpful to be able to compare and convert between them. Check OnlineGambling.com for more information and to start betting today.