compiled by Matrix Sports Investing (MSI)

Size: px
Start display at page:

Download "compiled by Matrix Sports Investing (MSI)"

Transcription

1 compiled by Matrix Sports Investing (MSI) The Sports Betting World Can Be Somewhat Difficult To Understand & At Times Very Confusing! Just As There Are Terms Specifically For FX trading, Stocks, Shares, Property Investing, Internet Marketing & So on This Is No Different. So This Booklet Will Give You The Confidence to Speak The Language Of A Pro In No Time! Note: Different countries may use different terms for how to bet and also for the types of bets. eg. Sportsbook or Sports book (US) = Bookmaker or Bookies (UK)

2 Sports Betting Terminology In Alphabetical Order A Accumulator: A series of bets on multiple outcomes, all outcomes must be successful for the Punter to win the bet. Action: Any kind of bet. Added Game: For sports betting, a game not part of Las Vegas regular rotation posted as an accommodation to customers. Against the Spread: A bet where you try to determine which team will cover the spread; not necessarily which team will win. Ajax: UK slang term for 'Betting Tax'. All-In: With all-in betting there are no refunds given for scratched or withdrawn competitors or teams in an event where a bet is placed. Should an event be cancelled then the amount bet will be refunded. All Up: (Also, Accumulator) This involves picking the winners of more than one event. A single wager amount is placed on more than one outcome, whereby the stake and winnings of the first selection will be rolled over into the second selection and so on. Angles: Using key factors from previous events to predict the results for future outcomes. Ante Post: It is also possible to place some football bets weeks, months and sometimes years in advance. For example when you bet on the premiership or world cup winner. Such bets are called 'ante post'-bets. The term 'ante post' comes from the world of horse racing. Making such an ante-post bet can be really successful if during the time it becomes clear that the team backed is increasingly favored to win. Arbitrage: Where a variation in odds available allows a punter to back both sides and guarantee a win.

3 Asian Handicap: Asian handicaps are, as the name suggests, a special type of handicap betting popular in the Far East and commonly used in football betting. In addition to typical +1, 0, and -1 handicaps seen in standard handicap football match betting, Asian handicap allows for a 1 4 goal, 1 2 goal and a 3 4 goal start. On the face of it this may not seem to make a lot of sense, since any team that beats (or loses to) a 1 2 goal start will also beat (or lose to) a 1 4 goal start. However, there is more to 1 4 and 3 4 ball betting than meets the eye. As for normal handicap betting, the underdog will be awarded a head start of a handicap, and the favorite will concede a handicap of the same magnitude. For the purposes of bet settlement, the predetermined number of the handicap will be added to the real number of goals. Where no handicap is awarded (0:0 handicap), a drawn game will result in a tied bet and returned stakes. if either side wins, bets backing that team will win, whilst bets backing the other will lose. Similar rules apply for 1 goal (0:1) and 2 goal (0:2) Asian handicaps. When 1 2 ball handicaps are applied, bets can only be won or lost - a tied bet is impossible. If the handicap is set at 1 4 (or 3 4, 11 4, 13 4 etc) of a goal, then any bets on the match will be settled as a split stakes bet, with half the stake going on the handicap 1 4 of a goal less than the quote and half on the handicap a 1 4 of a goal more. For example, with a 1 4 ball handicap, half the stakes will be settled as though the handicap was 0, and half as though the handicap was 1 2. It follows, then, that if a team beats a 1 4 ball handicap by 1 2 or more, the backer will win the whole bet; if they lose by 1 2 or more, the backer will lose the whole bet. It is only when the result falls within 1 4 of the handicap that the result is different from a conventional handicap. When a team beats the handicap by a 1 4, the backer receives half stakes on a win, and half returned. For example, if 10 were staked at odds of 1.95 for a 1 4 ball advantage, a drawn game would return a profit of This is known as a "win 1 2". If a team loses by a 1 4, the backer has only half his stake returned. This is known as a "loss 1 2".

4 ATS: "Against the spread," taking points rather than betting with the spread and laying points in sports betting. B Bar: This shows what the lowest odds of horses not mentioned in the betting forecast are likely to be - '50-1 bar' means those not quoted are 50-1 or bigger. Backed: A 'backed' team is one on which lots of bets have been placed. Banker: Highly expected to win. The strongest in a multiple selection in a parlay or accumulator. In permutation bets the banker is a selection that must win to guarantee any returns. Bankroll: Your available gambling money. Bar Price: Refers to the odds of the selections at the last quoted price and bigger. The bar price is the minimum odds for any of those selections not quoted. For example, in a large field, the Series A outright markets may read Juventus 3/1, AC Milan 7/2, Inter Milan 4/1, Lazio 5/1, 8/1 Bar - meaning every other side is quoted at 8/1 or bigger. Beard: A friend or acquaintance whose job is to place a bet in order to conceal the true identity of the real bettor. Beef: A dispute or claim involving a player and his bookmaker or a casino dealer. A dispute over the outcome of a bet. A problematic situation involving a bet. Beeswax: UK slang term for betting tax. Also known as 'Bees' or 'Ajax'. Bet: To lay money on the correct prediction of an outcome. Betting Exchange: to come Betting Tax: Tax on a Bookmaker's turnover. In the UK this is a 'Duty' levied on every Pound wagered. Common methods of recouping this by the punter are to deduct tax from returns (winnings) or to pay tax with the stake/wager. In the latter case, no tax is deducted from the punter's winnings. Bettor (US): Someone who places or has a bet. A 'Punter' in the UK.

5 Book: In sports gambling a Book is an establishment that accepts bets on the outcome of horse racing and sporting events. Bookie/Bookmaker: A company who is licensed to accept bets on the result of an event based on their provision of odds to the customer. Bridge-Jumper (US): Bettor who specializes in large show bets on odd-on favorites. Buck: Sports betting term for a $100 wager. Burlington Bertie: The price of 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. Buy Price: In Spread or Index betting, the higher figure quoted by an Index bookmaker. Buy the Rack (US): Purchase every possible daily-double or other combination ticket C Canadian: A Canadian (also known as a Super Yankee) consists of 26 bets involving 5 selections in different events. The bet includes 10 doubles, 10 trebles, 5 fourfolds plus an accumulator. A minimum of 2 of your selections must be successful to get a return. Canadian Line: In sports betting the Canadian line is a combination point spread and money line in hockey. Carpet: UK slang for Odds of 3 to 1 (also known as 'Tres' or 'Gimmel'). Century - GBP 100 (also known as a 'Ton'). Chalk: The favorite.

6 Chalk player: A person who usually places his bets on the favorite. Circled Game: Applies to US sports. A game where the betting activity is limited by the bookmaker; this usually happens where bad weather or injury may significanlty alter the chances of either team winning, thereby making the outcome far more uncertain. Closing Line - The final list of point spreads offered before game time. Combination Bet - Selecting any number of teams/horses to finish first and second in either order. Correct Score: Correct score betting is popular with football, where the total number of typical scores is limited. The odds are dependent on the actual match odds between the two teams. Correlated Parlay - Correlation is the degree to which the results of two bets are related. An example of two bets that are correlated is the Giants to lead at the half and the Giants to win the game. A correlated parlay is essentially a bet that is tied into another positively, in that if one bets wins, it increases the odds of the other bet winning. A more blatant example would be parlaying the first half over to the second half over to the game over. If you win the first half over wager and the second half over bet, you're obviously going to win the wager for the game. Cover: In sports betting this term means a point spread win. Credit Betting - Betting using credit with a bookmaker. D Data Mining: Searching through a large volume of statistics to find profitable situations to bet on in the future. Dead Hit: Finishing equal. Both win.

7 Deposit Betting: Betting with money deposited in advance with a bookmaker. Dime: $ sports betting wager. Dime bet: A $1000 wager. Dime Line: In sports betting a Dime line is a line where the juice is 10%. Dividend: The agreed payout or return on any bet. Dog: Somebody who is expected to lose a fight or contest. Also known as the "underdog". The plus sign (e.g.+110) always indicates the underdog and the amount you win for every 100 bet. Dollar Bet: A $100 wager. Dog player: A person who usually places his bets on the underdog. Dollar: $100, in sports wagering. Doubles: An accumulator which involves two selections. Both must be successful for the bet to win. Double Action: An "if-bet" that proceeds if the precedent bet is won, tied or cancelled. Double Bet: In sports betting a double bet is a wager for twice the size of one's usual wager; also known as "double pop" or "doubling up." Double Carpet: UK slang for Odds of 33 to 1, based on 'Carpet'. Double Chance: Occasionally, bookmakers may reduce the 3 outcomes for a football match to 2, by what is known as 'Double Chance' betting, where a single price is offered on a win or draw. If the backed team wins or draws, the bet wins; if the team loses, so does the bet. With double chance bets there is no possibility for the draw. The win/draw odds will always be

8 shorter than for both the individual win and draw odds, because the chances of either outcome occurring are greater than for each one separately. Double or Nothing: An even-money bet, a bet that pays off exactly the amount wagered. Double Result: Some bookmakers now offer books for the half- time result only, and more typically the "double result", that is, the result at both half-time and full-time. For football matches this means a total of 9 betting possibilities is commonly available. This is a popular alternative to simply backing an outright result, which may often be at unattractively short odds. Obviously the risk is greater since there are more possible outcomes (9 as compared to 3 with standard match betting), but consequently the odds are better. The highest odds are obviously available for the home team to be winning at halftime and the away team to win after 90 minutes. Typically, odds of 28/1 can be found for this unlikely double result, and can be even higher if the home team is a strong favorite. Draw: Where competitors in an event finish evenly. Where there is a draw and this is not offered as a betting option, the return will be divided by the number of joint winners. Note that some sports have processes such as extra-time or play-offs to determine an event winner that are included as part of the bet where others are not. This may affect some bets and you should always be sure how an event would be decided in this instance. Drift: When the price of a selection moves out (gets bigger), often due to a lack of support. That selection is said to be "on the drift". E Each Way: In contests with large fields, even the shorter-priced favourites may have quite high odds. To increase the chances of a punter winning something from this bet, it may be offered each way. Each way bets are actually two bets, one

9 for the win and one for a high placing, and are settled as two bets. The place part is calculated at a fraction of the win odds. This fraction will vary by sport and event, and will always be displayed where each way betting is available. In a football tournament the each way part is usually settled at half odds for 1st and 2nd place only. Consider a 10 each way bet on England to win the World Cup at 10/1. If England win, a 150 profit would be made; 100 for the win at 10/1 and 50 for finishing in the top 2 at 5/1. If England lost in the final, the profit would only be 40; 50 from the place part minus the 10 stake lost on the win. East Coast Line:Mainly used in hockey, which has a split-goal line e.g. - Philadelphia Flyers ( ) favourite over the LA Kings as opposed to goal spread plus moneyline (-1/2-180). Edge: A punter's advantage in a bet. Even Money: Sports betting term "Even money" is a bet whose odds are 1/1; a wager in which no vigorish or juice is laid. Exotic: Any bet other than a straight bet or parley - also called a prop or proposition. Exposure: The maximum amount of money a sports book stands to lose in a game. F Favorite: The team or individual the bookies rate most likely to win the contest they are betting on. The minus sign (e.g.-130) always indicates the favourite and the amount you must bet to win 100. Fifty cents: $50.00 of sports betting action. Figure: For sports betting, Figure is the amount owed to or by a bookmaker.

10 Field: 1) All the individual competitors in an event. 2) Odds offered on non listed (outsiders) players or teams collectively called the Field. First Goalscorer: A bet placed on a player to score the first goal in the event. First quarter bet: A bet placed solely on the first quarter of a game. First half bet: A bet placed solely on the first half of a game. Fixed Game: A game in which one or more participants willfully manipulate the final outcome of a game. Fixed Odds: Your dividend is fixed at the odds when you placed your bet. No matter how much the odds fluctuate the odds at the time you placed your bet are fixed and written on the ticket. Your dividend for winning is paid at the value stated on your ticket, no matter what happens after you have placed your bet. Flag: A bet consisting of 23 bets (a 'Yankee' plus 6 'Single Stakes About' bets in pairs) on 4 selections in different event. Flash (US): Change of odds information on tote board. Flea: An annoying person who wants something for nothing. One who expects to be compensated for a small wager. Fold: A fold represents the number of selections in an accumulator, i.e a Four-Fold Accumulator consists of 1 bet involving 4 selections in different events. All must be successful to get a return. Forecast - A wager that involves correctly predicting the 1st and 2nd for a particular event. This bet can be straight, reversed or permed. (USA, Perfecta or Exacta). Form: Form rates how a team is currently performing. Full Cover: All the doubles, trebles and accumulators involved in a given number of selections.

11 Future: In sports gambling odds are posted in advance on the winners of various major events including the Super Bowl, the World Series, the Stanley Cup, and the NBA Championship this is called a Future bet. G GamCare: The UK national centre for information, advice and practical help with regard to the social impact of gambling. Getting Down: Sports wagering meaning making a bet. Gamble: To risk money on the outcome of an event. Goliath: A Goliath consists of 247 bets involving 8 selections in different events. The bet includes 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an accumulator. A minimum of 2 of your selections must be successful to get a return. Grand: GBP 1,000 (also known as a Big'un). Grand Salami: A sports betting term meaning the grand total of goals scored in all the hockey games of the day. It can be wagered to go Over/Under. Grand Slam: The four major tennis tournaments Wimbledon, Australian Open, French Open, U.S. Open. Also the four major golf tournaments The Masters, U.S. Open, British Open, PGA Championship (Professional Golf Association). Also in baseball, a homerun with the bases loaded, scoring four runs. H Half a dollar - $50.00 in sports betting action. Half time bet: A bet placed on the half time result.

12 Half time result: A bet that involves the Punter correctly predicting the result of a match at half time. Handicap: A system used by bookmakers to make a one sided event become a more attractive betting proposition to the punter. For example, the weaker team may start with a one goal advantage. Known as the Spread in US sports. For fractional handicaps (0.5, 1.5 etc.), there is no possibility of a draw. If the margin of victory is same as the quoted handicap, all bets on the selected team will lose. Handicapper: A person who studies, rates and bets on sporting events and/or races. Handicapping: In sports gambling this is the attempt to predict the outcome of sporting events. Handle: A sports wagering term that means the total amount of bets taken. Hang Cheng: The Asian equivalent for 'Point Spread'. Head-to-Head: In these bets, bettor predicts competitors results against each other and not on the overall result of the event. One example are Formula One races, where you bet on two or three drivers and their placement among the others. Sometimes you can also bet a tie, in which one or both drivers either have the same time, drop out, or get disqualified. Hedging: This involves placing a bet on opposing outcome to the punters original selected outcome in order to guarantee winnings or cut losses. Heinz: A Heinz consists of 57 bets involving 6 selections in different events. The bet includes 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and an accumulator. A minimum of 2 of your selections must be successful to get a return. Holding Your Own: Neither winning or losing, just breaking even. Home Field Advantage: Edge the home team is expected to have as a result of familiarity with the playing area, favorable demographics and effect of travel on the visiting team.

13 Hook: Half a point added to e.g. football or basketball betting lines. Hoops: Slang word used to indicate the game of basketball. Hot game: Sports betting term for a game that is drawing a lot of action on one side by knowledgeable handicappers. I IBAS: Independent Arbitration Betting Service. An arbitration service which was launched to deal with betting disputes between punters and bookmakers. IBF: International Boxing Federation. If Bets: An if bet consists of at least two straight bets joined together by an if clause which determines the wager process. If the player s first selection complies with the condition (clause), then the second selection will have action; if the second selection complies with the condition, then the third selection will have action and so on. In and Out Teaser (See also "Teaser" below): An "in and out teaser" is when the player picks the favorite, underdog, over and under of the same game. For example: NY +3 1/2, Dallas -3 1/2. An in and out teaser would have a player take both NY and Dallas, and tease both, to increase the odds of winning the wager. So, if you teased both teams by 7 points, you would have: NY +10 1/2, Dallas +3 1/2. So long as the spread is covered, your wager will be a win. Index Betting: Spread betting. In-play betting: In-play betting is a feature offered by some online sports books that enables bettors to place new bets while a sporting event is in progress. In The Red: Odds on. Joint Favorites: When a sportsbook or bookmaker cannot split two teams for favoritism, they may both be joint favorites. Jolly: Bookmakers slang for 'Favorite/Favourite'.

14 Juice: The bookmaker's commission on a losing bet, also known as "vigorish." K Kite: UK slang for a cheque ('Check' in the US). Lay: When a bookmaker accepts bets it is often said that they lay a bet. A bookmaker It will often be known as a layor. You can lay yourself on Betting Exchanges (see our section) Lay a Bet: A bookie accepting a bet. Layer: Another term for Bookie. Laying the points: Betting the favorite by giving up points. Laying the price: In sports wagering, laying the price means betting the favorite by laying money odds. Layoff: sports betting term for money bet by a house with another bookmaker to reduce its liability. LBO: Acronym for 'Licensed Betting Office' in the UK. Lengthen: When a bookmaker sees little activity on a particular outcome, they may choose to lengthen or increase the odds available. Limit: In sports betting limit is the maximum amount a bookmaker will allow you to bet before he changes the odds and/or the points. Line: The current odds or point spread on a particular event. Linemaker: In the sports betting industry this is the person who establishes the original and subsequent betting lines.

15 Listed Pitchers: In sports gambling a listed pitcher is a baseball bet which will be placed only if both of the pitchers scheduled to start a game actually start. If they don't, the bet is cancelled. Lock: US term for an almost guaranteed winner. Long Odds: Generally greater than 10:1. Longshot: A team or horse perceived unlikely to win. Lucky 15: A Lucky 15 consists of 15 bets involving 4 selections in different events. The bet includes 4 singles, 6 doubles, 4 trebles, and 1 fourfold. If only one selection wins, as a consolation returns are paid to double the odds. If all four selections win, a bonus of 10% is added to total returns. For the bonus to apply, all selections must win (none void or non- runners). For each-way bets the consolation is paid only on the win part of the bet. Lucky 15 bets are accepted on horse racing and greyhounds only. Also Lucky 31 and Lucky 63 exist. Lucky 31 - A Lucky 31 consists of 31 bets involving 5 selections in different events, i.e. 5 singles, 10 doubles, 10 trebles, 5 four- folds plus 1 five-fold.. As a consolation if you only have one winner it will be paid at double the odds. If you get all five winners, a 20% bonus will be added to your returns. Lucky 63 - A Lucky 63 consists of 63 bets involving 6 selections in different events, i.e. 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and 1 sixfold. As a consolation if you only have one winner it will be paid at double the odds. If you get all six winners, a 25% bonus will be added to your returns M Margin - The amount a competitor in an event finishes in front of another competitor. Match Betting: The most popular and common fixed odds betting market is match betting. In standard match bets between two teams, winning odds are available for both, and the wager will either win or lose depending on the outcome of the event. Since a significant proportion of games end without any winner, the

16 "draw" is offered as a betting option. Football fixed odds match betting is sometimes known as 1X2 betting. On fixed odd coupons, a "1" denotes the home team, with the away team represented by a "2" and the draw by an X. Middle - To win both sides of the same contest in sports betting event. Wagering on the underdog at one point spread and the favorite at a different point spread and winning both sides. MLB - Major League Baseball. Money line: odds expressed in terms of money. With money odds, whenever there is a minus (-) you lay that amount to win a hundred dollars, where there is a plus (+) you get that amount for every hundred dollars wagered. Monkey: Bookmakers slang for 500. Move the line: A player pays an additional price to receive half a point or more in his favor on a point spread game. Multiples: Another term for Accumulators. Multiple bets involve more than one selection. Double and trebles are popular wagers for football match betting. A double is one bet involving two selections in different events, both of which must be successful for the bet to win. The odds for a double are calculated by multiplying together the separate odds for the two single bets. Accumulators contain 4 or more selections. Often, the only limit to the number of selections included within an accumulator bet is the bookmaker's maximum allowable payout on one bet. MVP - Most Valuable Player. N Nap: A tipster's best bet of the day. NBA: National Basketball Association. NCAA: National Collegiate Athletic Association. Newspaper Line:The betting line which quite often appears in the daily newspapers. The lines are only approximate and are sometimes inaccurate

17 and misleading. We recommend browsing a sports odds comparison for the most up-to-date odds in online sports betting. NFL: National Football League. NHL: National Hockey League. Nickel: $500.00, in on a sports gambling wager. Nickel line: A sports wagering line where the juice is 5%. No action: A bet where no money is lost or won. Number Spread: An index spread based on the number of runs, goals and points scored in an event. O Odds: Also referred to as the price. The returns a bookmaker offers for a selection to win. Odds On: Refers to a price where the odds are less than evens (fractional) or 2 (decimal). Odds On Favourite:A horse, team, or individual so favoured by the public that the odds are less than even. Odds Against: Refers to a price where the odds are greater than evens (fractional) or 2 (decimal). Off the board: In sports betting this is a game on which the bookmaker will not accept action. Odds Compiler: Same as 'Oddsmaker' below. Odds-on: An Odds-on bet has a Minus sign in front and is worked out in reverse. It is the amount you wager to win $100. In the U.K. it is a bet on odds below evens 1:1. In Europe, it is a bet on odds below 2:1.

18 Oddsmaker: A person who sets the betting odds. (Sportsbooks or Bookies don't set the odds. Most major sportsbooks use odds set by Las Vegas oddsmakers.) Off the Board (US): A game or event on which the sporstbook will not accept action. Official Line: The line that the bookmaker uses for wagering purposes. The line which comes from Las Vegas is quite often referred to as the official line; however, the line that your bookie offers you is actually your "official line". One dollar: $ in sports betting action. Opening Line: The earliest line posted for a particular sporting event. Outlaw Line: Term for the earliest line in sports betting. This is an overnight line that only a handful of players are allowed to bet into. Outsider: The opposite of a favourite. Over: An increasingly popular football fixed odds market is total goals betting, sometimes known as over/under. A commonly available over/under bet available in football is over/under 2.5 goals. By introducing a decimal, this removes the possibility of a draw, leaving only two possible outcomes. Some bookmakers like to introduce an extra outcome to the book. 3 outcomes might include: fewer than 2 goals; exactly 2 goals; and more than 2 goals. Other bookmakers introduce even more, although this is with a view to increasing their profit margin on the book. Overplay: An advantage for the bettor in which the price on a given wager is greater than the real probability of its success. Over-round: In theory a betting book should be 100%, so a toss of a coin would be even money heads, even money tails. However the bookmakers' profit margins mean the figure is usually above 100%. In cases where it is less this is referred to as 'over-round'. Over/Under: A bet on whether the total points or goals scored by the two teams will be over or under a specified number.

19 P Parlay: The US term for an accumulator. Parlay Cards: Wagers on a minimum of 3 and up to 15 propositions; the more you pick, the higher the payoff. Patent: A Patent consists of 7 bets involving 3 selections in different events. The bet includes a single on each selection, plus 3 doubles and 1 treble. Just one successful selection guarantees a return. Permutations or Perms: There is a way to find 7 bets from only 3 selections, making use of what have incorrectly become known as permutations or perms. Consider the following 3 selections: Bolton to beat Charlton, evens Leeds to beat Liverpool, 6/4 Southampton to beat Tottenham 5/4 First off, each selection can be taken as a single match bet. Secondly, there is one treble available at odds of 11.25, calculated by multiplying together the odds for each of the 3 singles (2 x 2.5 x 2.25). However, there are also 3 doubles available too, by "perming" any 2 games from the 3 selections. Such a series of bets is commonly known as a 'Patent', or a 'Trixie' if the singles are left out leaving only 4 bets. The greater the number of selections to choose from, the greater the number of combinations available. Combinations are not, of course, restricted to doubles. If we wish to choose from 4 matches, there are 6 combinations of doubles and 4 combinations of trebles available, in addition to 1 fourfold and 4 singles. Pick:Occasionally, there will be no favourite on a game. In this instance the game is said to be a pick and you can have a bet of 10/11 (bet 110 to win 100) on either team. Pick 'em - When neither team is favored. Also called a "pick" in sports betting terms. Picks: Betting selections, usually by an expert. PK or Pick: Evenly matched teams.

20 Place: Finish in the top three, top four and sometimes also top five in a competition or event. A Place bet will win if the selection you bet on is among those placed. Different sportsbooks have different Place terms and you should check their rules before placing a bet. Pointspread: The pointspread - also called "the line & the spread" - is used as a margin to handicap the favourite team. The oddsmaker - also called the handicapper - "gives" points (or goals) to the underdog - for betting purposes only. The bettor must take either the favourite or the underdog. The favourite is always indicated by a minus sign (e.g. -8.5) and the underdog by a plus sign (e.g.+8.5). For betting purposes, the outcome of the game is determined by taking the actual game score and finding the difference between the scores of the two teams playing (called the pointspread or just the "spread"). For example - the Detroit Lions are 8 point favourites over the New York Giants (an 8 point spread shown as -8 beside Detroit on our NFL lines page). If the final score is Detroit 20, New York 13, then the actual game score "spread" is 7 points (20 minus 13). In our example, if you took New York (called the "dog"), you would win the bet since Detroit had to win by 9 points or more to "cover the spread". Detroit needed 2 more points to "cover" since if the game landed right on the "spread" of 8 points it would be called a "push" (similar in concept to a tie in Moneyline wagering, which is also called a push) and it would be "no action" (no bet and money held in your account to cover the wager is released back into your available balance). If the "spread" is put in at a half point (e.g for the favourite Detroit) by the sportsbook handicappers then there can be no "push". In this case, there is "action" at any final game score pointspread. In a pointspread, you must wager 11 to win 10 (21 is returned to the winner). 10/11 is the standard for pointspread bets on most sports. Pony: Bookmakers slang for 25. Post Time: The scheduled starting time.

21 Power Rating/Rankings: The strength of a team in comparison to another team. Press: In sports betting this means to wager a larger amount than usual. Price: Betting or gambling odds. Progressive parlays: A progressive parlay involves multiple bets (usually up to 12) and rewards successful bettors with a large payout, though not as large as normal parlays. However in a progressive parlay, unlike a regular parlay, a reduced payout will still be made even should some of the bets lose. Prop (Proposition) Bet - In sports gambling this is a special wager offered by the sports book on unique and various topics. These wagers can be on sporting events, politics, and even trial outcomes. The wagers use the money line format of pay off odds and might included who scores the first touchdown in the super bowl, who will win the next presidential election, or whether or not O. J. will be found guilty. Puckline: A puckline for sports wagering is giving odds of a goal spread instead of using a Canadian Line in hockey, where both a goal spread and money line are played. Pucks: A slang word used to indicate the game of hockey. Punter: The individual who puts on a bet. Puppy: The underdog in an event. Push: When the contest ends with no winner or loser for wagering purposes. R Return: Your total winnings on a bet. Round Robin: A series of three or more teams in 2-team accumulators. A Round Robin means 3 selections in 3 (different) races, in 3 doubles, 1 treble and 6 single stakes about bets.

22 Runner: Somebody who places bets for another person. Run down - In sports gambling this is all the lines for an specific date, sport, time, etc. Run line: In baseball a spread used instead of the money line. S Scalper: One who attempts to profit from the differences in odds from book to book by betting both sides of the same game at different prices. Scout: Somebody who waits for what he thinks is an unusual strong wager. AKA. Sports Player. Second Half bets: (2nd half bets). A 2nd half(second half) bet is also sometimes called a halftime bet. This bet is placed only at halftime of a particular sporting event. This bet can be placed on the spread(line) or over/under. The resulting bet that is placed is won or lost only on the points scored by both teams in the second half only. Sharp: A sophisticated or professional gambler. Shorten: The opposite of 'Lengthen'. Referred to odds getting shorter, that is, less attractive to the bettor. Shut Out (US): What happens to a bettor who gets on the betting line to late and is still waiting in line when the window closes. Also, in sports betting, when the losing team do not score. Sides: In sports betting, the names of the two teams playing: the underdog and the favorite. Single Stakes About (or SSA): A bet consisting of 2 bets on two selections (1 single on each selection any to come 1 single on the other selection reversed).

23 Singles: The simplest of all bets is the single. With a single bet on a football match, only one outcome is backed, and the bet can generally either win or lose, although in Asian handicap, there are other possibilities. With a simple win/lose single, a selection must be successful to achieve a return. A typical single match bet might be Liverpool to beat Manchester United at 2/1. If Liverpool win, a 10 stake would realize a profit of 20; if they draw or lose, the stake is lost. Singles odds are today generally available for almost any football game. Single action: An "if bet" in sports gambling that is processed only if the precedent bet wins. Slip: A typical receipt of a wager or wagers placed at a land- based sportsbook. Special Bets: In an attempt to attract spread bettors into fixed odds football betting, some online bookmakers have started to offer specialised markets. Special bets include odds on the number of corners and bookings a televised match will have, odds for team performance, or the time of the first and the last goal scorer. These bets have their origins in the spread markets, and it is only through the availability of online gambling that fixed odds bookmakers have been able to break into this market. Sportsbook- a person or company that accepts bets. Spread - A spread in sports wagering is the predicted scoring differential between two opponents as quoted by a sports book. See "point spread." Spread Betting: betting on the 'Spread' of the action chosen Square: A novice when it comes to sports betting. Stanley Cup: Championship of NHL Hockey. Steam: In sports betting steam is when a line starts to move rapidly. Most "steam games" do not necessarily reflect objective circumstances, but are games that a mass of bettors is drawn to for some reason. Store: A bookie or sports betting establishment.

24 Straight Bets are wagers that are made against the spread. The spread, or line, is a number assigned by the bookmakers which handicaps one team and favors another. For example, in the NBA, when two teams play each other, one is perceived as being more likely to win. To attempt to make wagering on the underdog desirable, the bookmaker will give them points. Before game 5 of the 2012 NBA Finals, the Miami Heat were expected to beat the Oklahoma City Thunder. The line read: Miami -3, Oklahoma City +3. To determine who wins against the spread, the line is either added or subtracted from a teams final score. In the above example, if the bettor chose Miami, he would subtract 3 points from Miami's final score and compare that to Oklahoma's final score. For him to win his bet, Miami would have to win the game by 4 points or more. This is the most common type of bet in sports. Straight-up: Winning the game without any regards to the pointspread. Streak: A consecutive string - usually at least several - of winning bets. Super Heinz: A Super Heinz consists of 120 bets involving 7 selections in different events. The bet includes 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and an accumulator. A minimum of 2 of your selections must be successful to get a return. Super Bowl: NFL Championship game. Super Heinz: A Super Heinz consists of 120 bets involving 7 selections in different events, i.e. 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds and 1 seven-fold. Super Yankee: See Canadian. Systems: Using trends for the past that you are consistent with to predict future outcomes.

25 T # (Taking) the points: When it comes to sports gambling this means betting the underdog and its advantage in the point spread. Taking the price: In sports wagering this means betting the underdog and accepting money odds. Teaser: A teaser is a special type of parlay in sports betting in which you adjust the point spread or total of each individual play. The price of moving the point spread (teasing) is lower pay off odds winning wagers. Thick'un: A big bet. Tic-tac: The 'sign language' with which bookmakers on the racing course communicate. Ticket: A sports betting wager. Tie: In sports betting a tie is a wager in which no money is lost nor won because the teams' scores were equal to the number of points in the given line. Tips - Picks: The selections and predictions of competitors performance for an event from an expert or observer. Total: The combined amount of runs, points or goals scored by both teams during the game, including the overtime. Totals Bet: In sports gambling this is a proposition bet in which the bettor speculates that the total score by both teams in a game will be more or less than the line posted by the sports book. Totalizators: In totalizators (sometimes called flexible-rate bets) the odds are changing in real-time according to the share of total exchange each of the possible outcomes have received taking into account the return rate of the bookmaker offering the bet. For example: If the bookmakers return percentage is 90%, 90% of the amount placed on the winning result will be given back to bettors and 10%

26 goes to the bookmaker. Naturally the more money bet on a certain result, the smaller the odds on that outcome become. This is similar to parimutuel wagering in horse racing and dog racing. Tote: Short for Totalisator. A system introduced to Britain in 1929 to offer pool betting on racecourses. Tout: Someone who sells their expertise on sports wagering. Trebles: A Treble consists of 1 bet involving 3 selections in different events. All must be successful to get a return. Trends: Using the past to predict the future focusing in on only one team. Trixie: A Trixie consists of 4 bets involving 3 selections in different events. The bet includes 3 doubles and 1 treble. A minimum of 2 of your selections must be successful to get a return. True Odds: The real odds of something happening as opposed to what the bookies offer. Two and Three Balls Betting: A golfing bet that involves predicting which player from either a group of two or three will shoot the lowest score over 18 holes. U Under: An increasingly popular football fixed odds market is total goals betting, sometimes known as over/under. A commonly available over/under bet available in football is over/under 2.5 goals. Underdog: A team or individual that is expected to lose. Also known as the dog. The plus sign (e.g.+110) always indicates the underdog and the amount you win for every 100 bet. Union Jack: A bet consisting of 8 trebles on 9 selections A to I: ABC, DEF, GHI, ADG, BEH, CFI, AEI, and CEG.

27 V Value: In sports betting value means getting the best odds on a wagering proposition; the highest possible edge. Value Bet: Simply put, if you believe the odds taken are better than the mathematical chance which the team involved has of pulling off the outcome, then you have a value bet. This means, that if a tennis player has an actual mathematical 50% chance of winning a match, and the odds on that player are above Evens, then bet value is better than the mathematical odds, so that is a value bet. # (Vid) Vigorish: The bookmaker's commission on a losing bet; also known as juice in sports betting. VS: Versus, against. W Wager: To risk money on the outcome of an event. WBA: World Boxing Association. WBC: World Boxing Council. Welsh/Welch: To fail to pay a gambling bet. Win Only: Betting on a competitor to win an event. Also known as 'Straight Out' or 'Money Line' betting. Wise guy: A well informed or knowledgeable handicapper or bettor. WNBA: Women's National Basketball Association World Series: Championship of Major League Baseball (MLB). The final seven games of the baseball playoffs between the two league champions to determine the world champion.

28 Y Yankee: A Yankee consists of 11 bets involving 4 selections in different events. The bet includes 6 doubles, 4 trebles, and an accumulator. A minimum of 2 of your selections must be successful to get a return. *We do not claim to have created, written, or own any of these terms or their explanations/definitions. These are terms gained from the internet which are generally used in online betting for your educational purposes*.

Sin City. In poker, the facility to buy additional chips in tournaments. Total payout liability of a casino during any one game.

Sin City. In poker, the facility to buy additional chips in tournaments. Total payout liability of a casino during any one game. gambling glossary Words & phrases to help you out with your dealings at The Paramount Casino A Action: Active Player: Added Game: Add-on: Aggregate Limit: A bet or wager. In poker, one who is still in

More information

ALIANTE RACE AND SPORTS BOOK HOUSE RULES

ALIANTE RACE AND SPORTS BOOK HOUSE RULES ALIANTE RACE AND SPORTS BOOK HOUSE RULES GENERAL RACE BOOK RULES 1. Aliante Race and Sports Book reserves the right to refuse any wager, prior to its acceptance. 2. Aliante Race and Sports Book is not

More information

Betting Terms Explained www.sportsbettingxtra.com

Betting Terms Explained www.sportsbettingxtra.com Betting Terms Explained www.sportsbettingxtra.com To most people betting has a language of its own, so to help, we have explained the main terms you will come across when betting. STAKE The stake is the

More information

CIRCUS CIRCUS LAS VEGAS RACE AND SPORTS BOOK HOUSE RULES

CIRCUS CIRCUS LAS VEGAS RACE AND SPORTS BOOK HOUSE RULES CIRCUS CIRCUS LAS VEGAS RACE AND SPORTS BOOK HOUSE RULES GENERAL RULES Please check your tickets for accuracy before leaving the betting window. Leaving the window with the ticket is deemed an acceptance

More information

William Hill Race and Sports Book House Wagering Rules and Regulations are provided for your information.

William Hill Race and Sports Book House Wagering Rules and Regulations are provided for your information. House Rules William Hill Race and Sports Book House Wagering Rules and Regulations are provided for your information. 1. GENERAL 1.1. MANAGEMENT 1.2. TICKET ACCURACY 1.3. DEFINITION OF "ACTION" 1.4. DEFINITION

More information

Live Betting Extra Rules

Live Betting Extra Rules Live Betting Extra Rules Rules for General Main Live Lines The following rules apply for Live Betting: Markets do not include overtime unless otherwise stated. Lines are offered at the provider s discretion.

More information

Football Bets Explained

Football Bets Explained Football Bets Explained www.eurofootballtrader.co.uk If you are new to football betting, or have never previously bet on specialist markets such as, Corners, Bookings, Goal Times, Handicaps, etc., this

More information

BOXING. Soccer - Football - Baseball - Basketball -Boxing - Tennis -Hockey - Golf

BOXING. Soccer - Football - Baseball - Basketball -Boxing - Tennis -Hockey - Golf BOXING As as good rule of thumb, one should always know the "rules" surrounding their said bets. Odd happenings and disputes can and will happen over time, so the sportsbooks have posted rules in case

More information

Sports Action & PlayNow Sports FAQ s

Sports Action & PlayNow Sports FAQ s Sports Action & PlayNow Sports FAQ s Sports Action and PlayNow Sports currently provide sports bettors with the best of both worlds, providing two unique sports betting options to all B.C. residents of

More information

ACCEPTANCE OF WAGERS HORSE RACING RULES LIMITS

ACCEPTANCE OF WAGERS HORSE RACING RULES LIMITS BETTING RULES The McLean Partnership, Tele-betting account BETTING RULES ACCEPTANCE OF WAGERS HORSE RACING RULES 1 2 3 LIMITS HORSE RACING AND GREYHOUND RACING FORECAST BETTING EACH- WAY BETTING Greyhound

More information

SPORTSBOOK TERMS & CONDITIONS

SPORTSBOOK TERMS & CONDITIONS SPORTSBOOK TERMS & CONDITIONS DATE OF ISSUE: 01.04.2014 1. General Sports Rules 1.1 Every user himself defines the bets, except the limitation that is set by the earnings limits according to the calculation

More information

The Secret To Making Consistent. Profits Betting On Sports

The Secret To Making Consistent. Profits Betting On Sports The Secret To Making Consistent Profits Betting On Sports How To Start Making Serious Cash In Sports Right Away Introduction Sports wagering is by far the best way to make money online when gambling. Every

More information

TOTOBET.COM SPORTS RULES TABLE OF CONTENTS NO. SUBJECT PAGE WELCOME TO THE WINNING SITE.

TOTOBET.COM SPORTS RULES TABLE OF CONTENTS NO. SUBJECT PAGE WELCOME TO THE WINNING SITE. TABLE OF CONTENTS NO. SUBJECT PAGE 1. GENERAL 2 2. AMERICAN FOOTBALL 4 3. AUSTRALIAN RULES FOOTBALL 4 4. BANDY 4 5. BASEBALL 5 6. BASKETBALL 5 7. BOXING 5 8. CRICKET 6 9. CYCLING 7 10. DARTS 7 11. FLOORBALL

More information

Our Rules for Settling Your Bets. 1-4 Warwick Street, London w1b 5LT

Our Rules for Settling Your Bets. 1-4 Warwick Street, London w1b 5LT Our Rules for Settling Your Bets 1-4 Warwick Street, London w1b 5LT General Rules Introduction The following rules explain how Fitzdares will settle your bets. Rules relating to individual sports always

More information

Sport Hedge Millionaire s Guide to a growing portfolio. Sports Hedge

Sport Hedge Millionaire s Guide to a growing portfolio. Sports Hedge Sports Hedge Sport Hedging for the millionaire inside us, a manual for hedging and profiting for a growing portfolio Congratulations, you are about to have access to the techniques sports books do not

More information

LIVE BETTING ULTRA RULES

LIVE BETTING ULTRA RULES LIVE BETTING ULTRA RULES I. General Rules 1. Placement of wagers All wagers for Prematch Ultra and Live In Play Ultra must be placed online and are final once confirmed with the password. 2. Specificity

More information

SPORTS, MARKETS AND RULES

SPORTS, MARKETS AND RULES SPORTS, MARKETS AND RULES 1. GENERAL... 2 2. AMERICAN FOOTBALL... 3 3. AUSTRALIAN RULES FOOTBALL... 3 4. BANDY... 3 5. BASEBALL... 4 6. BASKETBALL... 4 7. BOXING... 4 8. CRICKET... 4 9. CYCLING... 5 10.

More information

Mauritius Horse Racing Betting Rules

Mauritius Horse Racing Betting Rules Mauritius Horse Racing Betting Rules 1. OBJECTIVE In the Game (as defined hereinafter), the Company (as defined hereinafter) offers a Bet Market on a Bet Event based on the fixtures of the Licensed horse

More information

"All-in" A betting proposition where no refunds are given for scratchings or withdrawals regardless of whether

All-in A betting proposition where no refunds are given for scratchings or withdrawals regardless of whether RACING RULES In these terms and conditions: "Acceptors" See Final Acceptances. "All-in" A betting proposition where no refunds are given for scratchings or withdrawals regardless of whether or not a particular

More information

I. Oddset 2-Outcome means the version of Sports Action Oddset gameplay offering the choice between a Home Win or a Visitor Win.

I. Oddset 2-Outcome means the version of Sports Action Oddset gameplay offering the choice between a Home Win or a Visitor Win. 1. RULES AND REGULATIONS SPORTS ACTION ODDSET is governed by the Rules and Regulations Respecting Lotteries and Gaming of the British Columbia Lottery Corporation ( BCLC ) which include limitations of

More information

Special Terms and Conditions of JAXX UK Limited, Seventh Floor, 90 High Holborn, London WC1V 6XX (JAXXUK)

Special Terms and Conditions of JAXX UK Limited, Seventh Floor, 90 High Holborn, London WC1V 6XX (JAXXUK) Special Terms and Conditions of JAXX UK Limited, Seventh Floor, 90 High Holborn, London WC1V 6XX (JAXXUK) SPORTS BETTING These Specific Terms and Conditions were last updated on March 17 th 2016. Version

More information

GENERAL BETTING RULES

GENERAL BETTING RULES GENERAL BETTING RULES 1. EVENTS ON WHICH BETS ARE ACCEPTED: We only accept bets on virtual sporting events, numbers betting or special events as listed in these Fair Deal Rules or where the bet has been

More information

A Contrarian Approach to the Sports Betting Marketplace

A Contrarian Approach to the Sports Betting Marketplace A Contrarian Approach to the Sports Betting Marketplace Dan Fabrizio, James Cee Sports Insights, Inc. Beverly, MA 01915 USA Email: [email protected] Abstract Actual sports betting data is collected

More information

3. Bets may be placed up to the actual start time of the particular event unless specified otherwise in these terms.

3. Bets may be placed up to the actual start time of the particular event unless specified otherwise in these terms. Specific Terms and Conditions Personal Exchange International Limited (PEI Ltd.), Level 2, Marina Business Centre, Abate Rigord Street, Ta Xbiex - XBX1127, Malta SPORTSBETTING These Specific Terms and

More information

Treasure Island Sports Book House Wagering Rules

Treasure Island Sports Book House Wagering Rules Treasure Island Sports Book House Wagering Rules 1. Please check your ticket for accuracy before leaving the writer s station. a. Tickets cannot be altered after leaving the window. b. Once a wager is

More information

BETTING RULES. 1.1 Definitions. Client or Customer means a person who is 18 years or older who has opened an Account.

BETTING RULES. 1.1 Definitions. Client or Customer means a person who is 18 years or older who has opened an Account. BETTING RULES 1.1 Definitions Client or Customer means a person who is 18 years or older who has opened an Account. Account means a betting account opened by the Client with Luxbet for the purposes of

More information

Simbabet. Tip Code League Time MBS Home 1 X 2 Away 1234 UEFA 16:45 1 Barcelona 1.25 5.00 7.25 Arsenal

Simbabet. Tip Code League Time MBS Home 1 X 2 Away 1234 UEFA 16:45 1 Barcelona 1.25 5.00 7.25 Arsenal Sport Betting Sports betting is a form of gaming which is based on sports (Soccer, basketball, cricket etc.). The challenge lies in predicting a win or a tie for a home game, or a win for an away game

More information

STRAIGHT BET. Straight Bet Teaser Parlay

STRAIGHT BET. Straight Bet Teaser Parlay STRAIGHT BET The most common type of bet, straight bets are types of wagers on a single game or event that carries a money line, run line or puck line, point-spread or game total. Example: Team Handicap

More information

-- Special Ebook -- Bookie Buster 21 Secret Systems Used by Pro Sports Gamblers Finally REVEALED!

-- Special Ebook -- Bookie Buster 21 Secret Systems Used by Pro Sports Gamblers Finally REVEALED! Special Ebook from Golden-Systems.com: Bookie Buster -- Special Ebook -- Bookie Buster 21 Secret Systems Used by Pro Sports Gamblers Finally REVEALED! By Frank Belanger http://www.golden-systems.com/ 2004

More information

1.1. All wagers on the game and all wagers on the second half shall include overtime scoring.

1.1. All wagers on the game and all wagers on the second half shall include overtime scoring. SPORTS RULES 1. American Football General Guidelines: 1.1. All wagers on the game and all wagers on the second half shall include overtime scoring. 1.2. If a match does not start on the scheduled start

More information

How to open an account

How to open an account If you like a flutter on the horses or any other sport then I would strongly recommend Betfair to place those bets. I find it amazing the number of people still using high street bookmakers which offer

More information

Bookmaking. A practical study on how illegal bookmakers operate and their weak points. By: L. Burke Files [email protected].

Bookmaking. A practical study on how illegal bookmakers operate and their weak points. By: L. Burke Files lbfiles@feeinc.com. Bookmaking A practical study on how illegal bookmakers operate and their weak points. By: L. Burke Files [email protected] page 1 Bookmaking - How a Bookie Operates and their weak points. What actually

More information

bet365 spread betting best odds

bet365 spread betting best odds bet365 spread betting best odds Bet365 Review - Best Bookmakers Betting Sites check if residents of United States qualify to and jobs as well as links to other products of bet365. Markets. Bet 365 covers

More information

How to bet using different NairaBet Bet Combinations (Combo)

How to bet using different NairaBet Bet Combinations (Combo) How to bet using different NairaBet Bet Combinations (Combo) SINGLES Singles consists of single bets. I.e. it will contain just a single selection of any sport. The bet slip of a singles will look like

More information

Björn Bäckström, Lars Olsén and Simon Renström Copyright 2011 ClaroBet AB. Updated: May. 12, 11 You may not distribute or copy any of the text or use

Björn Bäckström, Lars Olsén and Simon Renström Copyright 2011 ClaroBet AB. Updated: May. 12, 11 You may not distribute or copy any of the text or use Björn Bäckström, Lars Olsén and Simon Renström Copyright 2011 ClaroBet AB. Updated: May. 12, 11 You may not distribute or copy any of the text or use it in any other way except for personal use, without

More information

TOTE IRELAND BETTING RULES

TOTE IRELAND BETTING RULES TOTE IRELAND BETTING RULES WIN Win betting involves selecting the horse that you think will finish first past the post. You can place a Win bet on all Irish and UK racing with the Tote. It is one of the

More information

HOW TO PLAY JustBet. What is Fixed Odds Betting?

HOW TO PLAY JustBet. What is Fixed Odds Betting? HOW TO PLAY JustBet What is Fixed Odds Betting? Fixed Odds Betting is wagering or betting against on odds of any event or activity, with a fixed outcome. In this instance we speak of betting on the outcome

More information

PlayNow Sports Betting Game Conditions

PlayNow Sports Betting Game Conditions 1. RULES AND REGULATIONS PlayNow Sports Betting The following are subject to the PlayNow Sports Betting Rules and Regulations. 2. DEFINITIONS (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) (l) All-in play

More information

Trade Up SPORTS FIXED ODDS BETTING RULEBOOK

Trade Up SPORTS FIXED ODDS BETTING RULEBOOK Trade Up SPORTS FIXED ODDS BETTING RULEBOOK SPREADEX LIMITED, SPORTS FIXED ODDS BETTING RULES AND RULES BY SPORT Effective Date: 2 December 2015 Spreadex Limited (''we'', ''us'', ''our'', ''ours and ''ourselves''

More information

During the course of our research on NBA basketball, we found out a couple of interesting principles.

During the course of our research on NBA basketball, we found out a couple of interesting principles. After mining all the available NBA data for the last 15 years, we found the keys to a successful basketball betting system: If you follow this system exactly, you can expect to hit 90% of your NBA bets.

More information

Sports Betting Systems

Sports Betting Systems Sports Betting Systems Sports Betting Systems Fundamentals! Published By Brendan OHara & NicheMarketer.com 2008 You Have FULL Master Resell Rights To This Product. Table of Contents Part 1 - Fundamentals

More information

Pre-Match Betting Plus Rules & Policies

Pre-Match Betting Plus Rules & Policies Pre-Match Betting Plus Rules & Policies Contents GENERAL SETTLEMENT & CANCELLATION RULES 3 SOCCER 4 TENNIS 10 BASKETBALL 12 American football 13 ICE HOCKEY 16 Baseball 18 HANDBALL 20 VOLLEYBALL 22 BEACH

More information

Frequently Asked Questions

Frequently Asked Questions REWARDBET WITH LUXBET Frequently Asked Questions Welcome LuxBet Account Holders! To make your experience of using RewardBet with your LuxBet account more enjoyable, the following guide answers a number

More information

CLIENT RESPONSIBILITY

CLIENT RESPONSIBILITY THE RULES 1. GENERAL 2-4. CLIENT RESPONSIBILITY 5-7. CLIENT IDENTIFICATION REQUIREMENTS 8-25. RESERVED RIGHTS 26-40. TERMS UNDER WHICH WAGERS ARE ACCEPTED 41. BONUS BETS AND PROMOTIONS 42. DISPUTE RESOLUTION

More information

MODULE 1 INTRODUCTION TO THE BETTING EXCHANGE CONCEPT

MODULE 1 INTRODUCTION TO THE BETTING EXCHANGE CONCEPT MODULE 1 Introduction to the Betting Exchange Football markets Odds Movement INTRODUCTION TO THE BETTING EXCHANGE CONCEPT The betting exchange has revolutionised sports gambling. Anyone who is familiar

More information

THE EASY BETTING GUIDE NEXT

THE EASY BETTING GUIDE NEXT THE EASY BETTING GUIDE THE EASY BETTING GUIDE Horseracing has been at the heart of British popular and sporting culture for centuries and, for many, having a flutter is key to the enjoyment of the raceday.

More information

THE EASY BETTING GUIDE NEXT

THE EASY BETTING GUIDE NEXT THE EASY BETTING GUIDE THE EASY BETTING GUIDE Horseracing has been at the heart of British popular and sporting culture for centuries and, for many, having a flutter is key to the enjoyment of the raceday.

More information

Know it all. Table Gaming Guide

Know it all. Table Gaming Guide Know it all. Table Gaming Guide Winners wanted. Have fun winning at all of your favorite games: Blackjack, Craps, Mini Baccarat, Roulette and the newest slots. Add in seven mouthwatering dining options

More information

THE RULES PART A GENERAL RULES PART B RACING AND SPORTS WAGERING RULES

THE RULES PART A GENERAL RULES PART B RACING AND SPORTS WAGERING RULES THE RULES PART A GENERAL RULES 1. GENERAL 2-5. CLIENT RESPONSIBILITY 6-9. CLIENT IDENTIFICATION REQUIREMENTS 10-27. RESERVED RIGHTS 28-43. TERMS UNDER WHICH WAGERS ARE ACCEPTED 44. BONUS BETS AND PROMOTIONS

More information

HOW TO PROFIT FROM PARLAYS

HOW TO PROFIT FROM PARLAYS HOW TO PROFIT FROM PARLAYS The proper use of parlays can be one of the best weapons in your arsenal. A lot of bettors will tell you parlays are bad bets. Some very good handicappers I ve known never use

More information

Soccer Bet Types Content

Soccer Bet Types Content Soccer Bet Types Content Content 1 1. Asian Handicap 2 Examples on Asian Handicap All-Up Win bets 3 2. Win/Draw/Win 5 3. All-Up Win 6 Banker Combo 9 Multiple Combo 12 4. Over/Under 14 5. Correct Scores

More information

RULES AND REGULATIONS OF FIXED ODDS BETTING GAMES

RULES AND REGULATIONS OF FIXED ODDS BETTING GAMES RULES AND REGULATIONS OF FIXED ODDS BETTING GAMES Project: Royalhighgate Public Company Ltd. 04.04.2014 Table of contents SECTION I: GENERAL RULES... 6 ARTICLE 1 GENERAL REGULATIONS...6 ARTICLE 2 THE HOLDING

More information

HOW TO FIND A BLACK CAT IN A COAL CELLAR

HOW TO FIND A BLACK CAT IN A COAL CELLAR HOW TO FIND A BLACK CAT IN A COAL CELLAR www.highstakes.co.uk Other titles by this author Fixed Odds Sports Betting First published in 2012 by High Stakes Publishing, an imprint of Oldcastle Books Ltd,

More information

Probability and Expected Value

Probability and Expected Value Probability and Expected Value This handout provides an introduction to probability and expected value. Some of you may already be familiar with some of these topics. Probability and expected value are

More information

free soccer bet prediction

free soccer bet prediction free soccer bet prediction Prediction Soccer ZapMeta.es Buscar en 8 Buscadores a la vez Prediction Soccer Free Soccer predictions and football tips We offer soccer predictions generated with Neural Network

More information

BetXchange Rugby World Cup & Betting Guide

BetXchange Rugby World Cup & Betting Guide BetXchange Rugby World Cup & Betting Guide Contents pg. How to Open a BetXchange Account 2 - How to Open an Account - How to Deposit Funds - How to Place a Bet - How to Withdraw Funds - How to Place Your

More information

DEPARTMENT OF THE PREMIER GENERAL NOTICE

DEPARTMENT OF THE PREMIER GENERAL NOTICE DEPARTMENT OF THE PREMIER GENERAL NOTICE No., 2009 REPLACEMENT OF RULES FOR THE CONTROL OF BOOKMAKERS AND THE MANAGEMENT AND CONTROL OF BETTING ROOMS, MADE BY THE KWAZULU- NATAL BOOKMAKERS CONTROL COMMITTEE

More information

CLIENT RESPONSIBILITY

CLIENT RESPONSIBILITY THE RULES 1. GENERAL 2-4. CLIENT RESPONSIBILITY 5-7. CLIENT IDENTIFICATION REQUIREMENTS 8-25. RESERVED RIGHTS 26-40. TERMS UNDER WHICH WAGERS ARE ACCEPTED 41. BONUS BETS AND PROMOTIONS 42. DISPUTE RESOLUTION

More information

General Betting Office Rules January 2011 Page 1

General Betting Office Rules January 2011 Page 1 January 2011 Page 1 A GENERAL RULES 1) These rules set out the principal terms and conditions of Joe Jennings Bookmakers Limited (JJBL) as required by The Gambling Commission. An expanded set of rules

More information

Published in 2003 by High Stakes Publishing, 21 Great Ormond Street, London, WC1N 3JB www.highstakes.co.uk. Copyright Joseph Buchdahl

Published in 2003 by High Stakes Publishing, 21 Great Ormond Street, London, WC1N 3JB www.highstakes.co.uk. Copyright Joseph Buchdahl Published in 2003 by High Stakes Publishing, 21 Great Ormond Street, London, WC1N 3JB www.highstakes.co.uk Copyright Joseph Buchdahl The right of Joseph Buchdahl to be identified as author of this work

More information

Man Vs Bookie. The 3 ways to make profit betting on Football. Man Vs Bookie Sport Betting

Man Vs Bookie. The 3 ways to make profit betting on Football. Man Vs Bookie Sport Betting Man Vs Bookie The 3 ways to make profit betting on Football Sports Betting can be one of the most exciting and rewarding forms of entertainment and is enjoyed by millions of people around the world. In

More information

"American Football" includes NFL, College, Canadian (CFL), NFL, Europe and Area Football.

American Football includes NFL, College, Canadian (CFL), NFL, Europe and Area Football. SPORTS BETTING RULES In these terms and conditions: "AEDT" means Australia Eastern Daylight Time. "AEST" means Australia Eastern Standard Time. "American Football" includes NFL, College, Canadian (CFL),

More information

Beginners Guide to Sports Arbitrage Trading and Bonus Scalping

Beginners Guide to Sports Arbitrage Trading and Bonus Scalping Beginners Guide to Sports Arbitrage Trading and Bonus Scalping Contents What Is Sports Arbitrage Trading? What Is Bonus Scalping? Risks of Sports Arbitrage Trading? Betfair/Betdaq The Spreadsheet Worked

More information

Other T.V specials and other non sport 10,000 B2 & B3 Gaming Machines event

Other T.V specials and other non sport 10,000 B2 & B3 Gaming Machines event GENERAL BETTING RULES TERMS AND CONDITIONS 1 ST MARCH 2013 A copy of these rules is available on request from any of our betting offices. 1. GENERAL BETTING RULES 1.1 INTRODUCTION These Rules set out the

More information

Rating Systems for Fixed Odds Football Match Prediction

Rating Systems for Fixed Odds Football Match Prediction Football-Data 2003 1 Rating Systems for Fixed Odds Football Match Prediction What is a Rating System? A rating system provides a quantitative measure of the superiority of one football team over their

More information

Björn Bäckström, Lars Olsén and Simon Renström Copyright 2012 ClaroBet AB. Updated: Apr. 19, 12 You may not distribute or copy any of the text or use

Björn Bäckström, Lars Olsén and Simon Renström Copyright 2012 ClaroBet AB. Updated: Apr. 19, 12 You may not distribute or copy any of the text or use 2 Björn Bäckström, Lars Olsén and Simon Renström Copyright 2012 ClaroBet AB. Updated: Apr. 19, 12 You may not distribute or copy any of the text or use it in any other way except for personal use, without

More information

Betting and Gaming Stefan Lüttgen

Betting and Gaming Stefan Lüttgen Betting and Gaming Stefan Lüttgen 11.6.2013 Technische Universität Darmstadt Stefan Lüttgen 1 News from the Weekend: Passed Turing Test? Chatbot Eugene Goostman (13 years old, from Ukraine) passed a Turing

More information

Volume 30, Issue 4. Market Efficiency and the NHL totals betting market: Is there an under bias?

Volume 30, Issue 4. Market Efficiency and the NHL totals betting market: Is there an under bias? Volume 30, Issue 4 Market Efficiency and the NHL totals betting market: Is there an under bias? Bill M Woodland Economics Department, Eastern Michigan University Linda M Woodland College of Business, Eastern

More information

Payment of bets: In absence of further proofs, the bets will be assigned according to our statistics:

Payment of bets: In absence of further proofs, the bets will be assigned according to our statistics: Bet types Soccer If a match is suspended, for example, because a team doesn't have enough players on field (7 players goalkeeper included) the match is canceled and all the relative bets are considered

More information

How to Play. Player vs. Dealer

How to Play. Player vs. Dealer How to Play You receive five cards to make your best four-card poker hand. A four-card Straight is a Straight, a four-card Flush is a Flush, etc. Player vs. Dealer Make equal bets on the Ante and Super

More information

Your essential guide to the bookies best offers

Your essential guide to the bookies best offers Your essential guide to the bookies best offers In this special report from Matt Nesbitt at Football Betting Data: The truth about the bookies free bet offers The best new account offers on the market

More information

澳 門 彩 票 有 限 公 司 SLOT Sociedade de Lotarias e Apostas Mútuas de Macau, Lda. Soccer Bet Types

澳 門 彩 票 有 限 公 司 SLOT Sociedade de Lotarias e Apostas Mútuas de Macau, Lda. Soccer Bet Types Soccer Bet Types 1. Asian Handicap Bet on a team to win in a designated match. Bets will be fully refunded in the case of a draw result after calculating handicap-goal*. *Handicap-goal Handicap-goal applies

More information

Beating the Book: Are There Patterns in NFL Betting Lines?

Beating the Book: Are There Patterns in NFL Betting Lines? Beating the Book: Are There Patterns in NFL Betting Lines? Michael R. Summers Abstract Las Vegas sports books provide two even-money bets (not counting commission, or "vigorish") regarding National Football

More information

Goldchip Ltd Terms and Conditions August 2015

Goldchip Ltd Terms and Conditions August 2015 Goldchip Ltd Terms and Conditions August 2015 INTRODUCTION The Terms and Conditions below set out the rules which govern the relationship between you as a customer ( you / your ) of Goldchip Limited (

More information

BetAnsells & Ansell Bookmakers Terms of Business. 12/05/2014 All Previous Terms of Business Cancelled

BetAnsells & Ansell Bookmakers Terms of Business. 12/05/2014 All Previous Terms of Business Cancelled BetAnsells & Ansell Bookmakers Terms of Business. 12/05/2014 All Previous Terms of Business Cancelled 1. ABOUT Ansells, Ansell Bookmakers, ansellbookmakers.co.uk and betansells.co.uk are trading and domain

More information

Asian Handicap Basics

Asian Handicap Basics Asian Handicap Basics How to make money betting on football by following this proven, winning professional strategy Matthew Walton (August 2014) Over the next few pages, I'm sticking a mortarboard on my

More information

How to bet and win: and why not to trust a winner. Niall MacKay. Department of Mathematics

How to bet and win: and why not to trust a winner. Niall MacKay. Department of Mathematics How to bet and win: and why not to trust a winner Niall MacKay Department of Mathematics Two ways to win Arbitrage: exploit market imperfections to make a profit, with certainty Two ways to win Arbitrage:

More information

HOW TO BET ON TENNIS. Gambling can be addictive. Please play responsibly. http://responsiblegambling.betfair.com

HOW TO BET ON TENNIS. Gambling can be addictive. Please play responsibly. http://responsiblegambling.betfair.com HOW TO BET ON TENNIS Gambling can be addictive. Please play responsibly. http://responsiblegambling.betfair.com Tennis is great for Betfair customers as it takes place over 11 months of the year, which

More information

Appendix A1 1X2. Win by the Home Team Draw between the Home Team and the Away Team Win by the Away Team. Appendix A2 ½ Goal

Appendix A1 1X2. Win by the Home Team Draw between the Home Team and the Away Team Win by the Away Team. Appendix A2 ½ Goal Appendix A1 1X2 1X2 A particular Match in a Schedule of Matches corresponding to a Match Number Win by the Home Team Draw between the Home Team and the Away Team Win by the Away Team The winner (where

More information

1.6 The Legs in any Game Period shall be selected by Colossus Bets acting at its sole discretion.

1.6 The Legs in any Game Period shall be selected by Colossus Bets acting at its sole discretion. COLOSSUS BETS BETTING RULES 1. PLACING YOUR BET Bet Acceptance 1.1 Betfair acts as an agent for Colossus Bets and all bets ( Bets ) are placed directly into Colossus Bets pools via the Betfair site ( Site

More information

We have put together this beginners guide to sports betting to help you through your first foray into the betting world.

We have put together this beginners guide to sports betting to help you through your first foray into the betting world. If there is one thing about sports betting that is an absolute certainty, it s that the game is infinitely more exciting when there is money on the outcome. Most people like you are new to this concept

More information

Know your limit. If Gambling is a problem for you contact Gambling Help 1800 858 858 or visit www.gamblinghelp.nsw.gov.au

Know your limit. If Gambling is a problem for you contact Gambling Help 1800 858 858 or visit www.gamblinghelp.nsw.gov.au wagering guide Know your limit. If Gambling is a problem for you contact Gambling Help 1800 858 858 or visit www.gamblinghelp.nsw.gov.au Welcome to Wentworth Park, the home of premier greyhound racing

More information

Glossary of bet types

Glossary of bet types Glossary of bet types The description is meant as a guide the online rules over-ride any possible differences given here. All bets are 90mins only no extra time or penalties included Kokusbets Simple Guide

More information

Local Rules of Racing All Codes. Bookmaker Betting

Local Rules of Racing All Codes. Bookmaker Betting Bookmaker Betting 1 October 2013 RACING QUEENSLAND LOCAL RULES OF RACING - ALL CODES BOOKMAKER TELEPHONE AND INTERNET BETTING INTRODUCTION (a) These Rules apply to all racing bookmakers. (b) These Rules

More information

Tattersalls Committee Rules on Betting

Tattersalls Committee Rules on Betting Tattersalls Committee Rules on Betting Preamble These Rules on Betting, as amended from time to time, are issued by Tattersalls Committee. The Rules on Betting were first issued in 1886 and were last revised

More information

Winning is just the beginning...

Winning is just the beginning... Winning is just the beginning... Welcome to the Coeur D Alene Casino! Our goal is for you to experience the excitement of off track betting at its very best! We offer wagering on some of the finest racetracks

More information

PLACE BETS (E) win each time a number is thrown and lose if the dice ODDS AND LAYS HARDWAYS (F) BUY & LAY BETS (G&H)

PLACE BETS (E) win each time a number is thrown and lose if the dice ODDS AND LAYS HARDWAYS (F) BUY & LAY BETS (G&H) craps PASS LINE BET (A) must be rolled again before a 7 to win. If the Point is and the shooter continues to throw the dice until a Point is established and a 7 is rolled before the Point. DON T PASS LINE

More information

Guide to Spread Betting

Guide to Spread Betting www.footballbettingdata.co.uk Guide to Spread Betting Part One: How to get a 9/2 payout from a 5/6 shot Are you interested in boosting your profits? Of course you are. Who isn t? There is more to making

More information

FOUR CARD POKER EXPERIENCEEVERYTHING. 24/7 ACTION SilverReefCasino.com (866) 383-0777

FOUR CARD POKER EXPERIENCEEVERYTHING. 24/7 ACTION SilverReefCasino.com (866) 383-0777 FOUR CARD POKER Four Card Poker is a game that rewards skill, patience and nerve. It is similar to Three Card poker but with one major difference. In Three Card Poker, the play wager must equal the ante;

More information

Basketball Market Efficiency and the Big Dog Bias. Ladd Kochman* and Randy Goodwin*

Basketball Market Efficiency and the Big Dog Bias. Ladd Kochman* and Randy Goodwin* Basketball Market Efficiency and the Big Dog Bias Ladd Kochman* and Randy Goodwin* Abstract A betting rule is devised to profit from an alleged unwillingness of strong favorites in the National Basketball

More information

Additional details >>> HERE <<<

Additional details >>> HERE <<< Additional details >>> HERE http://pdfo.org/sportbtwin/pdx/201t1892/ Tags: 98gq7t2 how to sports betting

More information

Rules of core casino games in Great Britain

Rules of core casino games in Great Britain Rules of core casino games in Great Britain June 2011 Contents 1 Introduction 3 2 American Roulette 4 3 Blackjack 5 4 Punto Banco 7 5 Three Card Poker 9 6 Dice/Craps 11 2 1 Introduction 1.1 This document

More information

YOUR FREE GUIDE TO PLAYING EXCHANGE BLACKJACK

YOUR FREE GUIDE TO PLAYING EXCHANGE BLACKJACK Disclaimer: YOUR FREE GUIDE TO PLAYING EXCHANGE BLACKJACK This document is accurate at time of writing and comes to you for free with the compliments of exchangeblackjack.info. It is not intended to encourage

More information

Isle of Man Guide for on and off-course bookmakers, track operators etc. to comply with the law on general betting duty in the Isle of Man

Isle of Man Guide for on and off-course bookmakers, track operators etc. to comply with the law on general betting duty in the Isle of Man 451 (MAN) Isle of Man Guide for on and off-course bookmakers, track operators etc. to comply with the law on general betting duty in the Isle of Man August 1999 NOTICE 451 (MAN) THE INFORMATION IN THIS

More information

2 HOW DOES TRADING WORK?. 4 HOW THE SYSTEM WORKS. 6 WHAT IF IT GOES WRONG?. 13 A RECAP. 15 BANKROLL. 16 A SUCCESSFUL TRADE EXAMPLE.

2 HOW DOES TRADING WORK?. 4 HOW THE SYSTEM WORKS. 6 WHAT IF IT GOES WRONG?. 13 A RECAP. 15 BANKROLL. 16 A SUCCESSFUL TRADE EXAMPLE. Disclaimer Please make sure you read this disclaimer all the way through and contact us if there is anything you don't understand before you use the contents of this guide. We always recommend that you

More information