The act of a sportsbook placing a wager at another book to reduce its liability. When betting against the spread, key numbers are those that often constitute the margin of victory in that sport. In football, for example, three and seven are key numbers. The amount bet on a particular sporting event at a given sportsbook is referred to as the handle. The work done by a handicapper to predict the outcomes of sporting events.
Nap – A term used by tipsters and journalists to indicate their strongest selection, thought to stand for Napoleon. Multiple – Bets involving more than one selection, doubles, trebles, etc. Match – A game of defined length with 2 or more contestants or teams. Length – Usually referring to the length of a horse or dog, e.g. “beaten by a length”. Injury Time – An additional amount of time at the end of a period within a game added on in lieu of time lost for injuries, substitutions and other stoppages. Handicap Races – A race in which horses carry weights, better horses carry more weight to even out the field.
Example, if a bookmaker lays a bet to you for £10 at 2/1, he would stand to lose the £20 you would win. They make a small charge for this service and this is the commission. The rate of the commission varies but they use 5% as a base rate. A ‘single’ bet is simply a bet placed on one specific outcome to occur. Each bet placed is contingent only on the individual outcome bet on.
A derivative bet on events Pa Online Sportsbooks within a match or game (e.g. first goal scorer, or time of first yellow card). Someone who uses maths based rating systems to forecast outcomes on sporting events and place bets accordingly. A combination of spread and fixed-odds betting with only two outcomes 0 or 100, with the bet struck against a bid or offer somewhere between the two, for an agreed unit stake.
Best is a subjective concept, but if want to have a supreme gambling experience, you will definitely get it at Sports Interaction. Some of our customers like Power Play more, because their sign-up bonus is $50 higher than the $200 bonus offered by Sports Interaction. To rank well on our top ranked sportsbooks list a betting site has to employ modern security features to protect their client’s data. That includes using the latest encryption technology during the account registration and banking process. Being as we are avid sports gamblers – we never recommend sportsbooks that we wouldn’t play at ourselves. As evident by Canadians having access to government run sports lottery schemes across the country, betting on sports is legal in Canada.
A bookmaker needs a UK gambling commission license in order to operate in the UK. Just like a beard can conceal somebody’s true identity, a beard refers to somebody who uses somebody else to place bets on their behalf. They could either do this as they are banned from betting, a sportsman betting on themselves, trying to get around a betting limit or don’t want their loved one to find out!
Non-Runner – Selection that is withdrawn prior to a race or event. Long Shot – A selection with high odds that is unlikely to win, also known as an outsider. Layer – Person or bookmaker providing the bet, the odds layer.
The act of laying extra juice in exchange for purchasing additional points on the spread or totals markets. Gambling terms vary far and wide, but we have assembled a gambling terminology glossary here. All the gambling terminology and gambler slang you could ever find will be made clear here. You’ll be speaking the gambling vocabulary after a quick review of this page in no time, including betting terms, and slang for gambling itself. This is any bet that was canceled because of some rule or a reason and when you get your stake refunded to your account.
Hedging is usually associated with futures bets but can also apply to live betting, also called in-game betting. Most commonly found in basketball and football, halftime bets are made after the first half has ended but before the second half has begun. The bookmaker adjusts the original point spreads, lines, and odds based on what happened in the first half of the game. The advantage, real or perceived, that the gambler or the casino has on winning a bet. Winning sports bettors look for inaccurate lines and odds where they believe they can gain an edge. A style of expressing money odds most commonly used in the US.