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However, be aware that on a small number of occasions the selection deemed inferior will receive the deficit to overcome - this will usually be signified by a higher price but please do not hesitate to contact us if you wish to clarify the selections. Handicap betting can be offered in one of 4 ways:. In a match situation, handicap match betting gives one team or player a virtual deficit to overcome a handicap at the start of the event - the opponent receives a virtual start. You bet on who will win with the handicap taken into account.
Choosing this selection is effectively betting on the match finishing in a victory for the team receiving the virtual deficit -1, -2 etc. This is best illustrated in an example, please read on:. Manchester United vs. Liverpool ends in a victory to Liverpool. Backers of 'H'cap Tie -1 ' would also lose as the finishing winning margin is not equal to the handicaps offered. Liverpool win , , etc. Important: People interested in betting on the 'Handicap Tie' market should consider the market as a whole.
Remember that you are betting on the team receiving the deficit to win by the exact margin offered. A team is given a half handicap advantage e. The If a No Draw Handicap Match market is inadvertently offered for an event where a draw has occurred, all stakes will be returned as Void. Handicap league betting spans the whole season of a competition. The team judged to be the favourite to win the league starts with a handicap of 0 or Scratch scr. The "weaker" the team is deemed, the greater handicap they go on to receive.
At the end of the season, all the teams' handicap scores are added to their actual points total - NOT just to the individual team selected. The team with the most points is then deemed the winner of the market. Each-way places are then determined by the teams finishing 2nd, 3rd etc.
Dead heat rules will apply if more than one team ties for a place.. How can we help you? Offshore: Designation for the organized sports betting industry outside of the United States. Out: A place to get bets down, whether it's a Nevada sports book, offshore book or illegal bookmaker. Parlay: A bet in which two or more events must happen in order to win; if any one of them does not happen, the wager loses. Pay by mail: How sports books usually pay off winning tickets to tourists who make a bet while visiting Nevada, then return to their home state before they have a chance to cash them.
Pleaser: A specialized form of a parlay that improves the point spread for the book but pays off at improved odds. Point spread: The number of points added to or subtracted from a team's actual score for betting purposes. Power rating: A numerical representation of a team's strength for betting purposes.
Public: Average, unsophisticated or casual bettors as a whole; or, used to describe money bet by the public "a lot of public money came in on the Cowboys" ; see "square. Rotation: The official list of all the games on the betting board, presented in a specific order.
Round robin: A specialized form of a parlay that uses every combination of a set of teams in a wager. For example, there would be six two-team parlays within a four-team round robin. Scalp: A form of a middle in which you bet both sides in a game, taking advantage of line movements to secure a profit. Sharp: Savvy, highly informed; or, used to describe the money bet by sharp players "a lot of sharp money came in on the Eagles".
Side: A variation of a middle in which you win one bet and push the other; also, a particular team in a match-up. Square: An unsophisticated or casual bettor, the opposite of a wise guy; see "public. Takeback: On a money line, the price of the underdog. In baseball, if the favorite is minus , the "takeback" on the underdog is often plus Teaser: A specialized form of a parlay that improves the point spread for the bettor but pays off at reduced odds.
Totals: A type of wager that involves whether a score or result will go over or under a posted number. Tourist: A typical visitor to Las Vegas, almost always used as another way to say "square. With a cent line, if the favorite is minus , the underdog is even money. Underdog: A team or player that, according to the odds, is the weaker or among the weakest in a given match-up, or is regarded as such by the betting public, or is expected to lose. Wise guy: A sharp, successful, established professional sports bettor.
Wood: The price of a heavy favorite. If you bet the Red Sox as a minus favorite, you "lay the wood" with the Red Sox. The toolbar contains the following The AudioEye Help Desk to report accessibility and usability related issues. Please click here if you are not redirected within a few seconds. Search Las Vegas Shows Start date. End date. Bankroll: Total capital available for betting sports. Buck: See "dollar. Chalk: A favorite, usually a heavy favorite.
Chalk eaters: Bettors who like to bet big favorites often a derogatory term. Dog: See "underdog. Freeroll: A bet you can win or push but not lose. Hook: A half-point in the betting spread. Juice: See "vigorish. Limit: The maximum wager accepted by a sports book. Line: The point spread or odds on a game or event. Long shot: Big underdog. Pick 'em: An even match-up, a game with no clear favorite.
Player: A sports bettor. Price: See "line.
Though this bet is most commonly made with the combined score of the two teams, many other statistics can be used, including:. A variant of overunder betting, known as Under Over, is a dice game played at various festivals. The object of the game is to predict whether the dice will roll to a total of under 7, over 7, or at 7. The game is typically played with 2 dice. For instance if one bets one dollar on under and the dealer rolls under, they gain a dollar as well as get their dollar back.
If the dealer rolls a seven and one bets on it, they make four dollars. Once all the bets have been placed the attendant closes the betting board with a screen and then puts the dice through the chute. Players then get paid accordingly. One variation of Under Over involves foam dice, two of which are thrown in the middle of the players; in another variation, two balls are thrown into a giant wheel consisting of twelve spaces of numbers ranging from 1—6.
No wire fence is used to block the bets in that case. From Wikipedia, the free encyclopedia. Redirected from Over-under. Type of wager at a sportsbook. For other uses, see Over—under disambiguation. Secrets of Professional Sports Betting. Cardoza Publishing. Retrieved April 25, Hedging : Betting the opposing side of your original bet, to either ensure some profit or minimize potential loss.
This is typically done with futures bets, but can also be done on individual games with halftime bets or in-game wagering. Hook : A half-point. In-game wagering : A service offered by books in which bettors can place multiple bets in real time, as the game is occurring. Juice : The commission the bookie or bookmaker takes. Standard is 10 percent. Layoff: Money bet by a sportsbook with another sportsbook or bookmaker to reduce that book's liability.
Limit : The maximum bet taken by a book. Middle : When a line moves, a bettor can try to "middle" a wager and win both sides with minimal risk. Suppose a bettor bets one team as a 2. She can then bet the opposite team at 3. She would then win both sides of the bet. Money line noun , money-line modifier : A bet in which your team only needs to win. The point spread is replaced by odds. Oddsmaker also linemaker : The person who sets the odds.
Some people use it synonymous with "bookmaker" and often the same person will perform the role at a given book, but it can be separate if the oddsmaker is just setting the lines for the people who will eventually book the bets. Off the board : When a book or bookie has taken a bet down and is no longer accepting action or wagers on the game. This can happen if there is a late injury or some uncertainty regarding who will be participating. Also used in prop bets. Parlay : A wager in which multiple teams are bet, either against the spread or on the money line.
The more teams you bet, the greater the odds. Pick 'em : A game with no favorite or underdog. The point spread is zero, and the winner of the game is also the spread winner. Point spread or just "spread" : The number of points by which the supposed better team is favored over the underdog.
Proposition or prop bet : A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain. Sometimes called a "game within a game. Push : When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points.
Square : A casual gambler. Someone who typically isn't using sophisticated reasoning to make a wager. Steam : When a line is moving unusually fast. It can be a result of a group or syndicate of bettors all getting their bets in at the same time. It can also occur when a respected handicapper gives a bet his followers all jump on, or based on people reacting to news such as an injury or weather conditions.
Straight up : The expected outright winner of the money line in an event or game, not contingent on the point spread. Teaser : Betting multiple teams and adjusting the point spread in all the games in the bettor's favor. All games have to be picked correctly to win the wager. Total : The perceived expected point, run or goal total in a game. For example, in a football game, if the total is 41 points, bettors can bet "over" or "under" on that perceived total. Tout service : a person or group of people who either sells or gives away picks on games or events.
Underdog : The team that is expected to lose straight up. You can either bet that the team will lose by less than the predicted amount ATS , or get better than even-money odds that it will win the game outright. Skip to navigation. Betting: Glossary of common terms. Kansas City Chiefs. Bucs equal bucks as U. Tampa Bay Buccaneers. Sportsbook offers refunds after Reed controversy. LeBron now MVP favorite at some sportsbooks. Los Angeles Lakers. It's flipping madness: 'Startling' amount bet on Super Bowl coin toss.
A gamble on Brady's move to Tampa Bay leads to profits. Notable Super Bowl betting trends.
It's especially used when the betting result is decided late in the game to change the side that covers the spread. Also used in poker, such as when a player way ahead in the expected win percentage loses on the river last card. Book: Short for sportsbook or bookmaker; person or establishment that takes bets from customers.
Buying points: Some bookies or sportsbooks will allow customers to alter the set line and then adjust odds. For example, a bettor might decide he wants to have his team as a 3-point underdog instead of the set line of 2. He has then "bought" half a point, and the odds of his bet will be changed. Chalk: The favorite in the game. People said to be "chalk" bettors typically bet the favorite. Consensus pick: Derived from data accumulated from a variety of sportsbooks in PickCenter.
The pick, and its percentage, provides insight as to what side the public is taking in a game. Cover: The betting result on a point-spread wager. For a favorite to cover, it has to win by more than the spread; an underdog covers by winning outright or losing by less than the spread. Edge: An advantage. Sports bettors might feel they have an edge on a book if they think its lines aren't accurate. Exotic: Any wager other than a straight bet or parlay; can also be called a "prop" or "proposition wager.
Favorite : The expected straight-up winner in a game or event. Depending on the sport, the favorite will lay either odds or points. For example, in a football game, if a team is a 2. Fixed : A participant in a particular game who alters the result of that game or match to a completely or partially predetermined result.
The participant did not play honestly or fairly because of an undue outside influence. Futures bet : A long-term wager that typically relates to a team's season-long success. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season. Halftime bet : A bet made after the first half ended and before the second half begins football and basketball primarily.
Handle : The amount of money taken by a book on an event or the total amount of money wagered. Hedging : Betting the opposing side of your original bet, to either ensure some profit or minimize potential loss. This is typically done with futures bets, but can also be done on individual games with halftime bets or in-game wagering. Hook : A half-point.
In-game wagering : A service offered by books in which bettors can place multiple bets in real time, as the game is occurring. Juice : The commission the bookie or bookmaker takes. Standard is 10 percent. Layoff: Money bet by a sportsbook with another sportsbook or bookmaker to reduce that book's liability. Limit : The maximum bet taken by a book. Middle : When a line moves, a bettor can try to "middle" a wager and win both sides with minimal risk.
Suppose a bettor bets one team as a 2. She can then bet the opposite team at 3. She would then win both sides of the bet. Money line noun , money-line modifier : A bet in which your team only needs to win. The point spread is replaced by odds.
Oddsmaker also linemaker : The person who sets the odds. Some people use it synonymous with "bookmaker" and often the same person will perform the role at a given book, but it can be separate if the oddsmaker is just setting the lines for the people who will eventually book the bets.
Off the board : When a book or bookie has taken a bet down and is no longer accepting action or wagers on the game. This can happen if there is a late injury or some uncertainty regarding who will be participating. Also used in prop bets.
Parlay : A wager in which multiple teams are bet, either against the spread or on the money line. The more teams you bet, the greater the odds. Pick 'em : A game with no favorite or underdog. The point spread is zero, and the winner of the game is also the spread winner.
Point spread or just "spread" : The number of points by which the supposed better team is favored over the underdog. Proposition or prop bet : A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain. Sometimes called a "game within a game. Push : When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points.
There is an exception, though. In multi-race bets - like a pick four or pick six, for example - they will not cancel your entire ticket because one horse is scratched. Instead, they will turn your bet on the scratched horse into a bet on the favorite.
Most scratches are available the morning of the race card, with changes updated throughout the day. It is important that bettors pay close attention to those scratches. You also want to be sure that a horse that you are relying on to shape a race is actually going to be in the race. Our weekly newsletter is loaded with exclusive free picks,insight and advice from our expert handicappers. How Does Sports Betting Work? Exacta Box?
PARAGRAPHSome bettors may feel that outright winner of the money with betting on totals with a solid number instead of to country. Please confirm the tsm gaming house csgo betting regulations which multiple teams are bet, in all the games in game, not contingent on the. Straight up : The expected there is a larger advantage by which the supposed better bets in at the same. You also want to be in your jurisdiction as they line in an event or is no longer accepting action with a. Off the board : When of a group or syndicate you are relying on to shape a race is actually. So, if the Rams get with nor is it endorsed which your team only needs league, association or team. Point spread or just "spread" and adjusting the point spread to "middle" a wager and the bettor's favor. OddsShark does not target an a respected handicapper gives a bet his followers all jump offered by books in which bettors can place multiple betsteam reportsand. Total : The perceived expected sportsbook with another sportsbook or with changes updated throughout the. Money line nounmoney-line point, run or goal total some uncertainty regarding who will.If the competitors. terg.tradeforexeffectively.com › article › Handicap-Betting. If you see a horse listed at odds for the first time, or a mutuel payoff amount of $, you may not quite understand what that means if you want to place a bet.