Horse Racing Betting Glossary

Off the board — When a book or bookie has taken a bet down and is no longer accepting action on the game. This can happen if there is a late injury in a game or some uncertainty regarding who will be playing. Lock — A guaranteed win in the eyes of the person who made the wager.

  • It differs from an accumulator in that if one selection loses, the remaining bets still stand.
  • Basic betting strategy indicates that a “unit” is generally somewhere between 2-5% of a person’s respective bankroll.
  • An if bet consists of at least two straight bets joined together by an if clause which determines the wager process.
  • If you have a “middle pair,” you have a hand that has a pair using the “middle” cards on the flop in terms of overall card value.
  • As the saying goes, if they lose, they’ll be looking for the nearest bridge.
  • Under is if when you add them together, they’re less than 37.

The half point at the end is sometimes added to Your own Gaming Line eliminate the possibility of a push. This is the most common type of bet in American sports betting. Examples include the 1919 World Series, the alleged illegal gambling of former baseball player Pete Rose, and former NBA referee Tim Donaghy. Deposit, opt in and place a £5 qualifying bet at odds of 2.00 or greater within 7 days of opening a new account; excludes cashed out bets. Receive 2x £10 Free Sports Bets, valid on set events only at odds 2.00 or greater, expires in 7 days. Plus a £10 Game Show Bonus, selected games, wager 40x to withdraw a max of £250.

Calculating Winnings With Decimal Odds

A pick’em is a betting offer in which there is no favorite or underdog. This can occur on Point Spread bets where the line is set at 0 points . A ‘Parlay’ bet is a bet placed on multiple outcomes all to occur. For a Parlay bet to win, all outcomes within the Parlay must be selected correctly. The odds for each pick are multiplied by one another to determine the odds for the Parlay.

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Most tipsters on the internet are not profitable and in some cases are looking to swindle you out of your hard earned money through excessive subscription charges. He has won 12 ATP titles and reached an additional 10 finals, but all on the red dirt. Therefore in a matchup against an opponent of comparative standing but on a hardcourt, the value bet would be to wager against him. Those player aside, most men and women on the tour prefer one surface over another, and have had far more success on their favourite surface.

Every horse in a race has to carry a certain amount of weight. To ensure it does, all jockeys must weight out both before and after a race. The ‘weighed in’ announcement made after the race means the result stands.

A bet on baseball that only plays if both of the scheduled starting pitchers end up starting the game. When you bet the favorite and give up points via the spread, it’s known as laying points. Another name for the commission on bets charged by the casino or sportsbook. A game is said to be fixed if the outcome has been determined or influenced by unfair factors. A boxer who agreed to take a dive, for example, is “fixing” the match.

What Is Handicap Betting?

US format odds are the amount won on a 100 stake when positive and the stake needed to win 100 when negative. This feature allows gamblers to remove selections from their accumulator after the bet has been placed and in some instances after the selected event has started. The betting slip is then revised to feature the amended selections and a new potential return amount. A half bet applies only to the score of the first or second half.

Tips For Specific Sports

In spread based sports like basketball or football, this would equate to a line of 0. Over/Under – Also known as the total, this refers to the total amounts of points/goals/runs that will be scored in the game. If both teams combine to score more than the total, the over wins. Off the Board – A game or event that is sportsbooks will not allow you to bet on. Often times a game is taken off the board if their is uncertainly surrounding a player’s injury status or the weather. Middle – This occurs when you bet on both sides of a game and have an opportunity to win both bets.

Is Financial Spread Betting Legal In The U S?

Closing line value – how much edge you realised according to the closing line vs odds obtained. In theory it should equal your EV but it doesn’t necessarily as closing line and market efficiency theory is flawed like anything using averages. We thought it would be more beneficial to have these listed as a separate article altogether, so please head over to the biggest list of types of bets you can make on sport you’ll probably ever find. The following examples are words, often slang, that bookmakers and tic-tac men used, and still, to an extent use on the racecourse to these days when communicating, taking and paying out bets.