This is typically done with futures bets, but can also be done on individual games with halftime bets or in-game wagering. High roller: A high-stakes gambler. Hook: A half-point. Juice: The commission the bookie or bookmaker takes. Standard is 10 percent. Limit: The maximum bet taken by a book. Lock: A guaranteed win in the eyes of the person who made the wager. Middle: When a line moves, a bettor can try to "middle" a wager and win both sides with minimal risk. Suppose a bettor bets one team as a 2.
She can then bet the opposite team at 3. She would then win both sides of the bet. Money line noun , money-line modifier : A bet in which your team only needs to win. The point spread is replaced by odds. Mush: A bettor or gambler who is considered to be bad luck. Oddsmaker also linemaker : The person who sets the odds. Some people use it synonymous with "bookmaker" and often the same person will perform the role at a given book, but it can be separate if the oddsmaker is just setting the lines for the people who will eventually book the bets.
Off the board: When a book or bookie has taken a bet down and is no longer accepting action or wagers on the game. This can happen if there is a late injury or some uncertainty regarding who will be participating. Also used in prop bets. Parlay: A wager in which multiple teams are bet, either against the spread or on the money line. The more teams you bet, the greater the odds. Pick 'em: A game with no favorite or underdog.
The point spread is zero, and the winner of the game is also the spread winner. Point spread or just "spread" : The number of points by which the supposed better team is favored over the underdog. Proposition or prop bet: A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain. Sometimes called a "game within a game.
Push: When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points. Runner: Someone who makes bets for another person aka "beard". Sharp: A professional, sophisticated sports bettor. Spread: Short for point spread. Square: A casual gambler. Someone who typically isn't using sophisticated reasoning to make a wager. Steam: When a line is moving unusually fast.
It can be a result of a group or syndicate of bettors all getting their bets in at the same time. It can also occur when a respected handicapper gives a bet his followers all jump on, or based on people reacting to news such as an injury or weather conditions. Straight up: The expected outright winner of the money line in an event or game, not contingent on the point spread. Teaser: Betting multiple teams and adjusting the point spread in all the games in the bettor's favor.
All games have to be picked correctly to win the wager. If this was originally 45, and too many people have bet over, it might be adjusted to 46 to encourage others to take the under bet. Change the odds. A sportsbook could lower the odds on the under to , for instance, and raise those on the over to This will also encourage bettors to go with the under.
When it comes to paying out, a standard bet on a total is treated just like a point spread. The sportsbook will take its cut, and then pay out to the winners. This will be displayed as odds. It can get a little more complicated. In low-scoring sports like hockey, soccer, and baseball, a sportsbook will often adjust the juice before moving the total number. If the Red Sox win , under bettors win.
If they win , over bettors win. In , the Supreme Court gave U. It is still fully illegal in 17 states, including California, Massachusetts, and Texas. In four other states, there is some form of pending legislation. If the over-under hits on the exact number, that's called a push. There is no winning bet, and all wagers are refunded to bettors no matter whether they took the over or the under. Why Do Totals Change? A sportsbook might change the total to keep the number of over and under bets even.
But over-under values also vary historically. Just five years ago, for example, NBA betting totals in the s were common. But there has not been an NBA total under since In the season, the average NBA total was just How Are Totals Made? Bookmakers and bettors use many inputs—including how fast each team plays, offensive and defensive efficiency, weather, and more—to create a total.
The Bottom Line Over-under bets, also called total bets, are a wager on whether a statistic from a game will be higher or lower than a quoted value. They are most commonly used in relation to the number of points scored in a sports match. As with all sports gambling, you should be careful when using over-under bets. Sports betting should be enjoyed purely for fun, not as a money-making opportunity. If you or someone you know has a gambling problem, call the National Problem Gambling Helpline at , or visit ncpgambling.
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A PUSH in sports betting is when a total is a whole number like 48 points and the combined score hits it exactly. If the final score is , that would be considered a PUSH since all points scored equal Some bettors may feel there is a greater advantage betting on totals with a solid number instead of with a.
So, if the Rams get the ball first and score, the Chargers will get their chance too. Offensive and defensive trends for a given team need to be considered along with injuries, the history of games between the teams, consensus , standings , team reports and the environment. Related News. A very good under 4. A lot of football bettors and traders find great value and overall profit margins from executing a tried and tested under 4.
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