Betting terms sw
This also includes more creative bets. A famous example of this is betting on the time of the national anthem at the Super Bowl. A time will be listed, say two minutes and two seconds, for the length of the anthem. If the singer finishes it in one minute, 59 seconds, then the under would win.
Factors in totals A lot of things go into how a total is determined. In basketball, the tempo is a huge factor. Up-tempo teams or bad defensive teams are going to have higher totals. In baseball, if a left-handed pitcher is facing a team whose best hitters all bat left-handed, the total might be a bit lower. Weather is also a big factor for outdoor sports.
If the wind is blowing out at Wrigley Field, the total is usually going to be high. If Lambeau Field is a snowy, slippery mess, the total is likely to be lower. Before using it though, it's worth checking out my guide on cash outs so you understand how it works Corners Match Bet - a corners match bet is exactly what it says on the tin really, you're betting for which team will get the most corners in the game D DNB - Draw No Bet - You get a refund if the game ends in a draw DC - means double chance, backing a team to either win or draw a game Drift - when the price of your selection gets bigger over time Double - two selections that both need to win for your bet to win Dutching - dutching is backing two or more selections which are along the same lines.
Originally it was in horse racing where you would back two horses in a race, locking in profit if either wins, but I've also used it before on football markets, backing say Over 1. If you were to back a bet at 1. Man City -1 Handicap would mean they need to win by 2 or more Hedging - to hedge your bets is to back multiple selections to minimise your chance of losing I IWAC - means "In With a Chance" and is normally used in Horse Racing to describe an outsider that has a chance of winning IPM - an abbreviation of InplayMan, me : Inplay - betting on a selection that is happening now and live J Jolly - A "jolly" is a term used to describe the favourite, or the most likely to win an event K L LGS - Last Goalscorer Lay - the opposite of backing a bet is to "lay" it or to bet against a particular outcome Longshot - an outsider that is deemed to have less chance of winning by the bookmakers Lump - the act of putting a larger than normal bet on a selection.
Most bookies usually have their own versions of this such as "What Odds Paddy" while some don't offer the feature such as Bet S Scorecast - a bet in which you predict a goalscorer and the final score in a game combined into one selection Shorten - when the price of your selection gets lower over a period of time Single - a bet containing only one selection Spreads - another term for handicap but generally used in American sports Spread Betting - a type of betting where your return is based on the accuracy of your selection, rather than a simple win or lose.
If there is a spread for 2. It's often confused that a team winning at half time and at full time is a winning selection, but that would mean your team drew the 2nd half
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Favourites A favourite, which can also be known as the 'Jolly' is the horse with the shortest price in the betting market. Thus the favourite to win the race. It is possible to have more than one favourite if two or more horses share the shortest price Joint Favourite 'Joint Favourites' occur when there are two horses sharing the shortest price in the betting market Co-Favourite Co-favourites is an extension of joint favorites in when there are three or more horses sharing the shortest price in the betting market.
A tipster's best bet of the day. There are several theories as to why the term NAP is used, with the most common one coming from the card game of Napoleon, when a player wins all five tricks being described as having a NAP hand - the best hand. This is why tipsters describe their best bet as being their NAP of the day.
What does NB mean? A tipster's second-best bet of the day. NB stands for Next Best and will, therefore, be their second, or next best, bet of the day for the days Racing. Photo Finish When a result cannot be determined with the naked eye a photo is called for. The judge will then be able to determine the winner and winning distance using a photo. A photo may sometimes then be called as a dead heat, where the odds will be paid out in a dead heat ruling.
Tote Betting system that settles bets based on dividends rather than set prices. The Tote has a strong presence at racecourses throughout the UK, but it is also available with most bookmakers online and in shops. The most popular form of Tote betting is the placepot, where you pick horses to place in each race to get a share of the total pool.
A young flat jockey who gains a weight allowance over more experienced jockeys. The weight allowance decreases as the jockey gains more victories. Apprentice jockeys are aged between 16 and 25 and are normally employed by UK racehorse trainers through the duration of their apprenticeship. Apprentice jockeys are flat racers, whereas conditional jockeys race over jumps.
Apprentice jockeys Backward A horse that is not fit enough or developed enough to do itself justice. What does Bar mean in betting? Mainly used in Horse Racing, Bar is a betting term used for selections that are a higher price than the odds that are stated in the chosen betting market.
Blanket Finish A blanket finish is when several horses finish a race that are very close together, so close in fact that you could throw a blanket over them. Long Shot — A large underdog. Moneyline bet — A bet made if a team will win or lose outright with no point spread. No Action — A game that is no longer taking bets and all wagers are refunded. Getty Images Oddsmaker Linemaker — Someone who sets the opening line on a game.
Off the Board — A game bettors can not wager on. Over — The combined score of two teams is more than what the sportsbook set. The more games, the higher the risk but the greater the payout. In order for the parlay to win, each game must win or push tie. If any of the games lose, the entire wager loses. Point spread — Margin of victory set by oddsmakers to attract bets action on both the favorite and the underdog.
A favorite must win by a number higher than the point spread to cover the spread. Puckline — Hockey has a point spread of Proposition bets prop — A bet on anything that is not directly tied to the outcome of the game. For example, it can be the first team or the first player to score in a game. Push — When neither team covers the spread the actual margin of victory lands exactly on the spread , no one wins the bet and all wagers are refunded.
Runline — Baseball has a point spread of Steam — A quick change on a line due to heavy wagering. Taking the points — Betting an underdog against the spread. Teaser — Similar to spreads, teasers are favored towards the bettor but have a lower payout. Under — The combined score of two teams is less than what the sportsbook set. Underdog dog — A team not favored to win a game.
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Consensus - Percentage of the betting public on each side of a game. Some bettors will bet against the "public money" whichever team more bettors have placed their bets on. Cover - The betting outcome on a point spread bet.
For a favorite to cover, it must win by a number higher than the spread. An underdog can cover by losing by a number less than the spread or by winning the game outright. Edge - The advantage a bettor has before a bet is placed. Favorite - A team favored to win a game. Future bets - A bet on events that will happen further in the future like who will win a division or who will win a championship well in advance. Handle - The total amount of money wagered on a game. Handicapping - Researching sports statistics to pick winners.
Hedging - Betting opposite of a previous bet to guarantee winning at least a small amount of money. Hook - A half-point in the spread In-game wagers - Bets made after a game started. Juice - A commission books win on each bet. Limit - The maximum allowed wager on a single bet. Lock - A large favorite. Long Shot - A large underdog. Moneyline bet - A bet made if a team will win or lose outright with no point spread. No Action - A game that is no longer taking bets and all wagers are refunded.
Oddsmaker Linemaker - Someone who sets the opening line on a game. Off the Board - A game bettors can not wager on. Over - The combined score of two teams is more than what the sportsbook set. Parlay - A a bet that combines multiple games for a higher payout. So it's a great bet if the horse wins because you effectively collect three times, and if it comes in third, at least you haven't lost all your money.
You get a little something back on your investment. In the money: A horse finishes in the money if it comes in first, second or third. On the nose: You're betting the horse to win only. Place: A horse is said to place when it finishes second. You can make a place bet it you think it probably won't win but that it won't be too far behind the first-place horse. You'll win if you're right. You'll even collect the horse's second-place winnings if it comes in first, but not if it finishes third.
Show: A horse that comes in third is said to show. A show bet works much the same as a place bet—you'll collect the horse's third-place winnings if it comes in first, second or third. A winning horse will pay the most on bets that it will finish first. It will pay a little less for place bets and even less for show bets, but it can effectively pay out in three ways—thus the allure of across-the-board bets.
Exotic Wagers As the name suggests, "exotic" wagers are fancier and more complicated. They involve more than one horse. This means they're harder to win, but they also pay more than straight bets. Here are a few examples of exotic bets. Boxed bet: Boxing a bet means to cover all possible combinations of finish for multiple horses. In other words, you think those two horses will finish first and second, but you're not sure in what order.
Daily double: You're betting on two separate horses in consecutive races in a daily double, usually the first and second races of the day. Each of your horses must finish first. Exacta : You must pick the first two finishers in a race in the exact order they finish—unless you box your bet. An exacta is called an "exactor" in Canada, short for "exact order. You would bet on the first place finishers of three consecutive races instead of two. But Pick 6's offer significant winnings and sometimes, at the discretion of the track, they might offer consolidation payouts.
Extended periods of time can go by without anyone winning a Pick 6, so some racetracks will "carry over" the unclaimed winnings , moving the money forward to the next race or sometimes the next day so the pot grows and grows until someone strikes it big.
Quinella: A quinella is a variation of boxing your bet. The two horses you pick must win and place, but the order in which they finish doesn't matter. This is a single bet, unlike a boxed exacta which is technically two bets. It, therefore, pays less if you win. Superfecta: This is up there with the Pick 6 when it comes to difficulty. You must select the first four horses to finish in a race in the exact order they finish. Of course, you can box a superfecta just as you would an exacta, but you're talking twice as many horses so this involves covering a lot of combinations.
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