In horse racing, each-way betting terms usually pay three or four places. Sometimes this can extend to five places on big races, so keep an eye out for special offers! In other sports, such as golf , each-way terms can include up to five or six places.
In a lot of other cases, such as football tournament betting , e. Each-way terms in tennis, darts, snooker, rugby union, basketball, ice hockey, baseball, American football etc. Finishing second can be agonising in some cases. Meanwhile, at other times, if you have managed to uncover a big-priced horse capable of running into a place, this can turn out to be more lucrative than backing a winning favorite at a short price!
Strategy is all-important when it comes to striking your bets, so be sure to give yourself the best chance of securing a profit from your next horse racing bet by considering the option to bet each-way! Each way betting is a key component in horse racing, both for multiple bets — as we have already seen in this chapter — and also on singles.
Below is an example of the difference an each-way stake can make to a racing bet at Newbury. Download App Get definitions for the most popular sports betting terms in our full glossary to become a more informed bettor. Sports betting lingo can be confusing, especially those new to the industry. The glossary below contains many of the most commonly-used terms, concepts and strategies that you will see on this site and across sports betting as a whole.
Added Game — A game that is not part of the regular Las Vegas rotation. Oftentimes this will be a rescheduled game or the second game of a doubleheader. Against the Spread ATS — Refers to taking or laying points aka the spread as opposed to taking a game straight up. Arbitrage — The simultaneous purchase and sale of the same game in different markets to profit from unequal prices.
Bankroll — The available funds you have to bet with. FDSportsbook on Twitter. Pictured: FanDuel Sportsbook Bookmaker — A person who is licensed to create betting lines and take wagers. Buying Points — Paying an additional fee in order to get a game at a more attractive price.
Often times bettors will buy points in football around key numbers such as 3 and 7. Chalk — The favored team. Contrarian Betting — Also known as betting against the public, contrarian betting finds value by betting on games with lopsided betting percentages. Cover — In sports such as football and basketball, a bettor wins their bet if they cover the point spread. For example, if you bet a 7-point favorite and they win by nine, you have covered the spread.
Dog — Short for underdog, this is the team which bookmakers assume will lose the game. Draw — Also known as a push. If a game falls exactly on the spread, there is no winner and bettors will receive their money back.
This will typically refer to an instance where you have a positive expected value. Even Money — A bet where you are not paying any vigorish i. Favorite — The team bookmakers expect will win their game. Field — In proposition prop bets, bettors are often allowed to bet the field. This refers to an accumulation of all the teams or players that are not specifically listed.
Future — This refers to bets that come down in advance of an event. For example, one can bet a Super Bowl future prior to the beginning of the season by selecting which team s they believe will win the championship. A bettor receives payment at the end of the season if their selection did claim the title.
Hedging — Placing bets on the opposite side after you have already placed a wager on one side. This can be used to either cut your losses, or guarantee a profit. Hook — In spread based sports, the hook is an extra half-point that bettors can get. Oftentimes in football, bettors will buy the hook around key numbers like 3 to get a line of 3. Juice — This is the tax that sportsbooks create for placing a wager. Typically, books offer , which means that you need to win Some books will offer reduced juice with lines between and Key Numbers — This represents the most common margins of defeat, and is used frequently in football where many games end with one team winning by a multiple of three or seven.
Original: May 13, There are many unique terms associated with sports wagering.
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| Las vegas betting odds ufc 148 wiki | These numbers represent real bets placed at real sportsbooks. Importantly, if the game finishes then the bet is void and you get your stake refunded. Each-way betting is a useful tool when it comes to racing, especially when you are backing at bigger prices! The benefit of this is that you can bet more lucrative lines on favorites, but because baseball and hockey are such low-scoring games, this can be a risky proposition. Please Gamble Responsibly. Multi betting is discussed in detail later in the guide. Wincast: A Wincast bet is a type of combination bet. |
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| Best forex trading company in india | Exotic: Generic description of bets such as trifectas and jackpots where we can wager on multiple races and one runner or more in each. This is a two-way market in which we pick the winner of an event three-way for sports that include a tie, such as soccer. Draw: Any contest where the final score ends in a tie. For example, one can bet a Super Bowl future prior to the beginning of the season by selecting which team s they believe will win the championship. The series is run at a variety of race tracks. |
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Contrarian betting finds value by betting on games with lopsided betting percentages. It is also Contrarian to fade, or bet against, conventional wisdom spouted by the various talking heads on television and sports radio. Cover — In sports such as football and basketball, a bettor wins their bet if they cover the point spread.
For example, if you bet a 6-point favorite and they win by 7, you have covered the spread. Dog — Short for underdog. For betting purposes, this is the team that bookmakers have established as the likely straight up loser of the contest. Draw — Also known as a push. If a game falls exactly on the spread, there is no winner and bettors will receive their money back. This will typically refer to a wager where you have a positive expected value. Even Money — A bet where you are not paying any vigorish or juice i.
Favorite — For betting purposes, this is the team bookmakers have established as the likely winner of the contest. Field — In proposition prop bets, bettors are often allowed to bet the field. This refers to all the teams or players that are not specifically listed to win a specific contest. Future — This refers to bets that are placed in advance of an event.
For example, a bettor can bet a College Basketball National Championship future prior to the beginning of the season or tournament by selecting which team or teams they believe will win the championship. A bettor receives payment at the end of the tournament if their selection wins the title.
You will often see Grand Salami bets offered in baseball and hockey. Handicapping — The process utilized by experienced bettors to evaluate the line or total set by the oddsmaker. This is the exact opposite of guessing. Handle — The total amount of money wagered on a specific contest. The term can also describe the total amount of money wagered in a given week, month or year. Hedging — Placing bets on the opposite side after you have already placed a wager on one side.
This can be used to either cut your losses or guarantee a profit. Hook — In spread based sports, the hook is an extra half-point that bettors can buy. Football bettors will often buy the hook around key numbers like 3. Hold — Usually expressed as a percentage, this is the amount of the Handle see above won, or held, by the sportsbook. Juice — This the theoretical profit sports books make for holding your bet against the other bets made. It can also be thought of as a tax for allowing a bettor to make a bet.
Typical juice is calculated by dividing 10 by To break even, a bettor must win Some sports books offer reduced juice with lines between and Key Numbers — Most frequently used in football, this represents the most common margins of defeat, where many games end with one team winning by 3. Leg — A single bet within a bet that contains two or more wagers, such as a parlay.
If you bet a three-team parlay, it is often referred to as a three Leg parlay. Limit — The largest wager amount a sportsbook will take on a single event. Lines — Another term for the odds. Middle — A Middle occurs when you bet on both sides of a game and have an opportunity to win both bets. Money line — This is a wager made on the team a bettor thinks will win the game, straight up.
The point spread has no bearing on money line wagers. Off the Board — A game or event the sportsbooks will not take Action on. A game may be taken off the board for any reason, but often it is due to a player injury or inclement weather. These games are usually back on the board before game time, but with adjusted prices that theoretically account for the new information or conditions. If both teams combine to score more than the total, the over wins. If they combine to score fewer, the under wins.
All points scored in overtime are added to the Total Parlay — A wager where a bettor makes multiple bets at least two and ties them together, into a single wager. To be paid, all individual legs of the parlay must win. Contrarian- Betting against a team receiving a vast majority of spread bet tickets. Cover- When a favorite wins by more than the point spread or an underdog loses by less than the point spread.
Example: Betting on Patriots Deadbeat- A person who does not pay up after losing. Also known as a "Welcher". Dog - Short for "underdog. He was out getting drunk last night and he has a game against Florida today at noon. Smith picked the Cavaliers to win.
Favorite- The team that is expected to win the game as indicated by the point spread. Example: The Patriots are Futures Bet-A long term wager that will usually be decided at the end of a leagues season. Handicapper- One who tries to correctly predict a winning side, how much a team will win by, or how many total points will be scored.
Example: "The Patriots are listed at -3 and I have them capped at I' believe the line is off by 4 points and am going to take the Patriots Hook- A half point in the betting line. Limit- The maximum amount a bettor is allowed to wager on a certain bet. Lock - An easy winner. Line Shopping-Searching for the best possible odds on a contest through multiple books. Example: Betting the Patriots Middle- Betting on both sides of a spread after the line moves in hopes that the final total or game score ends in between your numbers.
Example: Betting Patriots Moneyline- Taking either team to win the game straight up. Example: Patriots Move the Line -When enough money is place one side of the bet, the point spread line will move to persude bettors to bet the other way. The sportsbooks want money on both side of every bet to avoid taking a huge loss.
Mush- A person who is often on the losing side of a bet. Example: Mush: "I hammered the Patriots moneyline today. There's no way they will lose". Me: "That's terrible news. I took the Patriots I'll go ahead and throw my ticket away right now because you stink.
No Action- A wager where nobody wins or loses. Most commonly occurs when a game is unable to finish. Oddsmaker- The person who decides the odds on the outcome of a game or event. Off The Board- When a book takes a line and total down before the game starts. Most commonly occurs when the book is uncertain about a key players chances of participating in the game.
All bets must win in order to cash. Point Spread- The number of points that the favorite is expected to defeat the underdog by. Example: Patriots
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