Gambling terminology spread
Visit the premier Las Vegas portal, featuring the most up-to-date and in-depth guide to Las Vegas gambling including a betting glossary. A spread is a range of outcomes and the bet is whether the outcome will be above or below the spread. Spread betting has been a major growth Terminology and. Glossary of Gambling Terms for online Sportsbooks. Get latest definitions A-Z on gambling terms related to online Sportsbooks.
Betting glossary of terms
For example, in a football game, if the total is 41 points, bettors can bet "over" or "under" on that perceived total. To profit, the bookmaker must pay one side or both sides less than this notional amount. The number of points added to or subtracted from a team's actual score for betting purposes. This is an overnight line that only a handful of players are allowed to bet into. 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.
Having a wager on a game. ATS "against the [point] spread": If a team is ATS, it means it has a record against the point spread, or more commonly referred to simply as the "spread. When a team scores points at the end of a game to cover the spread unexpectedly. Losing a bet you should have won. 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. Someone who places a wager for another person aka "runner". Short for sportsbook or bookmaker; person or establishment that takes bets from customers. A person who accepts bets illegally and charges vig. 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. The favorite in the game. People said to be "chalk" bettors typically bet the favorite.
The final line before the game or event begins. 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. 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. Sports bettors might feel they have an edge on a book if they think its lines aren't accurate. Odds that are considered Any wager other than a straight bet or parlay; can also be called a "prop" or "proposition wager.
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Action - A sports betting wager of any kind, a bet. Added Game - For sports betting, a game not part of Las Vegas regular rotation posted as an accommodation to customers. Angles — Using key factors from previous events to predict the results for future outcomes. ATS - "Against the spread," taking points rather than betting with the spread and laying points in sports betting.
Beard - In sports betting a beard is a friend or acquaintance who is used to place bets as to conceal the true identity of the real bettor. Bet — To risk something on the outcome of an event Book - In sports gambling a Book is an establishment that accepts bets on the outcome of horse racing and sporting events.
Bookie - In sports wagering a person who accepts bets. Buy Points - In sports betting, a player pays an additional price to receive half a point or more in his favor on a point spread game. Canadian Line - In sports betting the Canadian line is a combination point spread and money line in hockey. Chalk - The favorite. Chalk Player - In sports gambling this person is someone who usually only plays the favored teams, rarely betting on the underdogs.
Circled game - In sports wagering this is a game in which the betting action is reduced; usually occurs in added games, games with injuries, bad weather, propositions, or halves of games.
These games cannot be included in parlays or teasers Cover - In sports betting this term means a pointspread win. Data Mining- Searching through a large volume of statistics to find profitable situations to bet on in the future. Dog - In sports betting, the team perceived to be most likely to lose.
I tried one year, but they were completely sold out. Anyway, I noticed yesterday that the video for the Sports Betting Panel was now up on the site, and I jotted down some brief notes while watching it yesterday. Why should you care what I think about predictive sports betting? Can you take bets on the internet? You know nothing, Cantor Gaming. Millman also comes across better than I expected him to, especially because I often found his writing on gambling to be awful in the past.
The vig shall protect you! Some of the dumbest guys I have ever met are bookies. How about at with infinite rebets? Nooooot so easy then, jefe. Haralabob roughs up Cantor guy with the size of the bet they are willing to take from him. A place like Pinnacle probably lets Bob bet 20K on an NBA spread, and he could rebet that as many times as he wants with line moves in between. Being a bettor in the US clearly sucks.
What follows is an interesting discussion about gambling market dynamics in American sports right now. It is legitimately difficult to bet a lot of money on your average game in most U. This has lead most professional sports bettors and a lot of poker players as well to set up residences in countries where betting is legal.
Like poker, sports betting is a skill game. This is the case at odds and it is especially the case at The majority of civilized countries consider betting a natural element of society. It is a legitimate recreational activity, and point spreads for NFL games are carried in every major newspaper and sports website in the country.
Lotteries abound in the U. It boggles the mind. It used to be that place X and this varied sometimes, but was often BetCris would open a line at medium limits in the morning US time, and then all the other books would copy while being open for fairly large limits, and the line would rapidly get shaped as everyone plunged in.