The first being the weather. The second is both team's offensive and defensive numbers. And the last thing is the intangibles such as is it a short week, does a team have injury problems, travel delays, etc. If there are 38 or fewer points scored, then those who bet on the "under" will cash their tickets. If totals are whole numbers such as 38 or 40 and the total happens to land exactly on the number, your bet, regardless whether it's an "over" or "under" bet, will be graded as a push and your money will be returned to you.
It draws in the most money among the four major sports and there should be no surprises why. Sportsbooks offer up an endless amount of wagering option to go along with the most common three wagering options; money line, spread, total. Here are some of the popular options. Team totals This works almost exactly like the game total, but revolves around one team instead of both.
With the "team total" wagering option, you are essentially betting on whether you think Team X will score more or less than the line given out by the sportsbooks. In this case you have two options. You can bet them to score 17 or more points or 16 or fewer. The decision is ultimately up to you. This bet also includes overtime, unless otherwise stated in the betting rules provided by your sportsbook of choice.
First Half Spread The "first half spread" betting option is a trickier form of betting the full-game point spread. This option takes into account the score at half time in order to determine a winner. The first half spread is usually half of what the full game spread is. If the score is in favor of the Vikings, bettors holding a Minnesota As I mentioned above, the first half point spread is typically half of what the full game line is.
Player Props Betting on NFL player props is a tricky situation since not all football games go according to plan. If you believe Quarterback X will complete more than He will just simply hand the ball off and run out the clock.
If you think a running back has a distinct advantage of going up against a poor run defense, you may take that running back to go over the posted rushing yards line. However, if the team with the poor defense gets a sizeable lead, you can almost forget about it. That team will go into throwing mode and the running back will be the one to suffer. A Accumulator: A parlay bet in North America, accumulator wagers consist of two or more selections and each side must win or push to create a winning ticket.
Action: Any live wagering option or the total amount wagered on a specific event. Bookmakers accept action on all posted betting odds. Across the board: Three horse racing bets that cover a horse to win, place and show. Added game: Appear on betting boards after main lists are posted.
They are common in college football and mainly appear due to public demand. An added game may also be a postponed match, like a rainout in baseball, from the previous day. AET odds: After extra time AET odds are posted primarily on soccer matches when extra time is added at the end of regulation time due to in-game stoppages. AET odds are offered as live betting options.
Alternate lines : Odds that are higher or lower than the main posted line. Common with point spread and game total betting in basketball and football. American moneylines posted at are the same as 1. Ante-post: Futures odds on horse and greyhound races that are posted at least one day prior to a race. Ante-post odds are common on Triple Crown races like the Kentucky Derby.
Arbitrage: Often shortened to ARB, arbitrage wagering is a betting style where all possible outcomes of a single game are covered. ARB betting options are rare and arise when sportsbooks have varying opinions on the proper odds for a match. Asian handicap: Most common in soccer, Asian handicap odds start at 0. Bettors may have a choice between Las Vegas as a Australian Open: First of four women's and men's Grand Slam tennis tournaments that are played over two weeks in mid-January.
If Baltimore is up , as a point favorite, Cleveland bettors earn a backdoor cover if the Browns score a late touchdown to make the final score in favor of the Ravens. Bad Beat: Players experience a bad beat when a wager is on the verge of winning but then becomes a losing ticket. A bad beat will often occur when points are scored late in a match.
Players who bet on game totals, point spreads and money lines will experience a bad beat from time to time. Bankroll: Money set aside, or deposited into an account, that is used for betting. Bankroll Management: Much like managing a personal bank account, bettors should practice proper bankroll management. Setting wagering limits, shopping for the best odds value, plus only wagering what one can afford to lose, are keys to properly managing a sports betting budget.
Beard: A bet runner who places wagers for professional bettors so they can conceal their identity from bookmakers. Belmont Stakes: Third jewel in the Triple Crown of thoroughbred racing. Bet: Any wager involving money wagered at a sportsbook, casino, racebook or poker room. An exchange posts bets with two sides and the betting option remains listed until both sides are bet on.
Betting exchanges profit by taking a small commission juice from winning tickets. Betting strategy: Various plans that bettors use to get a leg-up on bookmakers. Primary betting strategies should include proper bankroll management and performing extensive research prior to placing wagers. Book: Short for a bookmaker or sportsbook that posts odds and accepts bets.
Bookie: Short for a bookmaker. Bookmaker: A licensed individual who sets daily betting odds and accepts bets. Also known as a linemaker. The series is run at a variety of race tracks. Buy points : Bettors can buy points, using alternate point spreads and game totals, to gain a more favorable line. Juice attached to the odds increases with each point purchased. Chalk: Another term for favorite.
Los Angeles is the chalk side if the Lakers are a -3 point favorite over the Houston Rockets. Chalk bettor: A player that bets on favorites with the majority of their wagers Circled game: Matches that have set betting maximums, which are capped at low amounts. Games are usually circled when bookmakers face unknowns such as player injuries, weather or rumors that surface prior to a match.
Opening odds and prop options are often circled as well. Closing line: The final betting odds posted prior to the start of a competition. Co-favorite: Two or more sides with identical odds to win. Common with futures odds, bookmakers may post co-favorites to win the NBA Finals championship. Combine: A series of fitness tests that help scouts from professional teams evaluate amateur athletes.
Commission: Another term for vigorish and juice, commission is the bookmakers take on any bet. It is also the amount a betting exchange takes from winning wagers. Correct score: Bettors are offered a list of possible final scores on a match. In soccer, players can bet on a match ending as low as or as high as plus all scores in between.
The most likely result is the favorite and the least likely result is the underdog. New England winning over Miami means the Patriots would cover a point spread. Dog: Short for underdog, a dog is perceived as the least likely side to win and is tagged with plus pricing. Bettors often double their bet when they feel one side is vastly superior to another. Double result: A single betting option that combines the score of a game at halftime and the score at the end of the same game.
Double-header: Two games that are played back-to-back on the same day. Most common in baseball, a double-header will often take place if a game from the previous day was rained out. Draw: Any contest where the final score ends in a tie.
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The official definition of pool betting is pari-mutuel wagering with no vig. This special betting style works with a pool selection where all bettors pay a set wager. The vig, or the commission every bookmaker applies, is removed from the pool.
Its mechanics are no different than any other bet. You choose the odds that you find favorable and place a pool bet. Besides being credited with the betting method, he also invented the computer of sorts that helped with the calculations.
The new way of betting became popular in France not long after, spreading like wildfire through Europe in the early XX century. It was later adopted by online betting exchanges, which often come with much higher odds than regular betting sites. How Pool Betting Works In many ways, pool betting is similar to the lottery.
All punters need to pay a fixed price to enter, make their predictions, and wait for the results. It has a simple guide on how online pool betting works and how you can place your first pool bet and expect returns. Pool betting works on football, horse racing known as Totepool , and other sports. Horse Racing Horse racing is the perfect example of pari-mutuel wagering. Often called tote, all horse racing betting is done in a pool.
All of the stakes are added together in a pot of sorts to form the overall pool. After the track takes its cut, the bank is divided equally among the winners. All winnings in horse racing go to a stake set by the bookmaker. Horse race betting pools work with a variety of bets.
The win online pool betting market implies choosing the runner you believe will finish first. Varied returns can be expected for the most popular market — the more wagers there are, the higher the probably return. Win bets are divided by the stakes for each horse. When a horse wins, a lot of people get paid. Horse race pool betting also works with place, show, and across-the-board bets. Since the chance of winning with a place bet is double, you can expect lower pool returns in this market.
The same goes for show and across-the-board bets. If you choose to go for exotic bets such as the exacta and trifecta, the payouts are much higher. However, the risk is higher, too, so you might be better off with a win or placing a bet if this is your first pools bet. These scratch cards are perfect for quick and easy pools with 10 people or less. To start your pool, write in the names of the two teams that will be playing, then have the participants of the pool write their name on the line or lines of their choice.
Once the lines are full, simply scratch off the covering to reveal the numbers. When using these for football, baseball, basketball, and hockey you will add the scores of both teams together and use the last digit of that total. To use these for a Boxing or MMA event you can use the round or the second the fight ends. For Racing you would use the last digit of the starting position of the race winner.
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