Finishing Position– A bet on which team will finish in a higher position at the end of a particular competition. Exact Score– You predict the exact result or score of the game. Double Faults– A bet on the number of double faults a certain player will accumulate until the end of the tennis match. Double Chance– A bet that allows you to wager on two of the three possible results in an event with just one bet. For example, Home Win or Draw, Home Win or Away Win, Away Win or Draw. Dead-Heat– A Dead-heat occurs when two or more competitors finish a sporting event with an identical place or classification.
- Dog/Underdog – This is the opposite of favorite; the side that is not favored to win.
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- In our example, if the score ended up being something like 34-32, then the combined score would be 66, exactly the predicted total.
- A ‘Dead Heat Reduction’ is calculated by dividing the wager amount proportionally between the number of winners in the event.
If you’re new to sports betting, we’d recommend sticking to ‘safer’ bets with lower odds until you get to grips with how it works exactly. A straight bet is a single bet on the outcome of a game or sporting event that is determined by a money line or point spread. Over/Under bets let you wager if a specific event in the match like the total number of goals, or other types of numbered statistic.
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The amount that is used for the calculation of the possible winnings of this bet (“FreeBet Value”) will be displayed as “Stake”. Horse racing is arguably the biggest sport in Bitcoin Dice Story the UK when it comes to betting, with racing every day and major events such as Cheltenham and the Grand National welcoming wagers totalling the millions. Favourite – A horse the bookmakers believe is the most likely to win and will be the shortest odds in the race.
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If you have “tells,” other players can read what your cards are in a game of poker or in most gambling contests that require player interaction. If an event is “off the board” in sports betting, this informative post means that the sportsbook is not accepting wagers on it. The “moneyline” is the most common type of bet in U.S. sports. You are basically betting $100 to win back a pre-determined amount based on the moneyline’s value. The “lines” are the available odds on which players may bet in sports betting. The “limit” in sports betting is the maximum bet amount you are allowed to place per single event.
A push is when a bet is tied or drawn, or lands on the spread. This is when the money is given back to the bettor with no loss or gain in funds. A Pick ‘em is a betting market where the odds are the same on both sides. A high-risk high reward bet, with a low probability of success. They are in place to limit the maximum and minimum each player can stake on any bet.
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Double bet – Where a bettor plays twice the amount of a usual bet, normally in reaction to a perceived ‘good thing’. Conditional jockey – A Jump jockey, under 26, who receives a weight allowance for inexperience until he has ridden a certain number of winners. A conditional jockey is licensed to a specific trainer. Claiming race / Claimer – A race in which each horse’s weight is determined by the price placed on them by connections. Horses can be ‘claimed’ by other owners/trainers for the specified price after the race. Buy points – Accepting inferior odds in exchange for an increased point spread advantage.
A betting line is a form of wagering whereby the bookmaker or sportsbook set gambling odds and determine the favorite and underdog teams in a match. This handicap creates a margin between the two teams, where there are only two outcomes possible, and sets the parameters for wagering on the game. This is a very common occurrence in sports betting and sportsbooks have the full right to shift the spread or odds for any given match prior to its start. Many factors can influence a change of the spread such as injuries, the number of bets coming in for either team or the weather, to name a few. Depending on the timing of placing the bet, the bettor can also have an advantage or a disadvantage depending on which way the spread has shifted. The point spread is another form of betting odds that’s very similar to a moneyline bet.
In baseball, if either of the two listed starting pitchers don’t go, the bet is automatically cancelled. A golf tournament in which every two years the top American and European golfers meet at venues alternating between the two continents. Neither team is favored; take your pick and lay 11 to 10. Extension to a tied contest at the end of regulation play that lasts until a winner is determined or maximum overtime periods expire. A game which is drawing a lot of action on one side by knowledgeable handicappers.