This gives the bettor twice the chance to win the wager. Arbitrage – This betting strategy involves placing a wager on all possible outcomes of an event so that that there’s a guaranteed profit regardless of the winner. This is best done with moneyline or futures wagers in the US and will usually take place across multiple sportsbooks. A straight up bet means you just need the team to win the game outright as opposed to covering a point spread.

Hedge Bets

Then instead of taking the Bills at -6.5 it’s moved to +0.5. As you add more points to your side of the teaser, the payouts go down. If you’re looking for more sports betting picks and tips, access all of our content at SportsbookWire.com. To Win the Toss – Betting on which team wins the coin toss before the match.

“Jacks or Better” is a popular variation of video poker where only pair of jacks or higher-valued hands are considered winners. In poker, when you try to informative post “isolate” someone, you are raising so that all but one player fold. A special bet against the possibility of the dealer hitting a blackjack outright. Available only when the dealer has an Ace face up card. If you are playing “instant win” games, you will see if you win immediately.

Horsemen

Typically there are two base dealers that are in charge of placing bets and paying out chips to players on the two betting areas on both sides of the table. Just like other casino games, Craps has plenty of terms, slang and jargon that can be heard at the Craps table or around it. Knowing try what she says these terms makes the game a little easier to understand and play. Don’t be afraid to ask a fellow player or one of the casino employees about any slang terms you hear at the craps table. Punters, maximize your horse racing betting experience! Sign up for free and enjoy free betting tips, special betting offers, and up-to-date horse racing news.

Expected Value –The “expected value” of a certain play indicates how profitable we expect a certain play to be in the long run. This can be calculated usingexpected value calculationswhich are explained in this glossary entry. Expectation –Interchangeable with the term “expected value”.See the glossary entry under “Expected Value” for a full explanation of the term.

Fixed Odds Betting

The word itself carries a bit of a negative connotation because it is also used to describe the usually high interest charged by loan sharks. Use of the website and associated services are expressly prohibited from the jurisdictions listed above. Any account accessed from a restricted state or country will have all access rights revoked and any balance contained in the account may be considered void.

Only “real-money players” may use FreeBet winnings to place further bets. The percentage of bets that contribute towards wagering requirements may differ for other bonus offers, but this will be made clear within the terms for those specific offers. Please read the wagering requirements carefully for each bonus offer you may receive.

A European-style bet that is similar to a Round Robin bet, where multiple selections are put into a series of parlay or accumulator bets. Another way to describe betting against the spread, where a handicap is applied to a team in a contest. A wager where a handicap is applied to the side a bettor backs, known as a point spread. Any wager on a sporting event is referred to as action. Betting on a horse to win, place, and show in an individual race. Trifecta is a North American term meaning the same as Tricast, or Straight Tricast.

Single action – An “if bet” in sports gambling that is processed only if the precedent bet wins. Parlay – In sports wagering, a bet with two or more teams in which all teams must win or cover for the bettor to win and receive higher payouts. Outlaw Line – Term for the earliest line in sports betting.

Sports Betting Odds

Going is the description of the underfoot conditions of a racecourse and is an important part of Horse Racing as it can affect how a horse performs. Course and Distance is a sign that a horse has won over the course and distance a race is taking place, sometimes referring to the same race the previous year. A national hunt race run over the flat , designed for horses who haven’t run on flat before to get that race experience. NB stands for Next Best and will, therefore, be their second, or next best, bet of the day for the days Racing. An Eye Shield is similar to blinkers but restricts the vision in a different way. The purpose remains the same in aiding the horse’s concentration throughout the race and avoid distractions.