Unlike traditional -110 wager, there’s no vigorish paid to the sportsbook. A bettor risks $100 to win $100 instead of wagering $110 to win $100. Dime Line – This is a “10 cent” difference between the moneyline odds payout between the money laid on the favorite and the money paid by the underdog. For example, Vegas Golden Knights -125 vs. San Jose Sharks +115.
Any horse failing to start after this point will not have bets refunded. Super Yankee – Also known as a Canadian, a full cover bet consisting of 5 selections and 26 bets. Patent – A full cover bet of three selections and 4 lines, consisting of 3 doubles and 1 treble. Novice Race – In horse racing this refers to a race in which no horse has won a hurdle or chase previously. National Hunt Racing – Sometimes just called jump racing. Steeplechases, hurdles and flat races during the national hunt jump season.
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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.
Chase – Chase or Chasing is where you place bets to recover losses, usually on markets you would not http://cidac.org/inconceivable-the-irresistibly-quotable-princess-bride-turns-25/ usually bet on. At The Post – Term used when horses or dogs are ready at the start of the race, the race will begin imminently. Also Ran – Applies to racing where a horse or contestant finishes but doesn’t win or place. Commonly referred to as just the “spread.” Betting line or odds used to determine favorite and underdog. An even-money bet in which there are no odds, only the “pick” of the winning side. A sporting event on which bets are no longer being accepted, usually due to controversy, injury or other unusual circumstance.
Regular betting markets close once the event starts, in-betting odds reflect the progress of the event in real time. Betting on both sides of a market, or several selections within a market, to exploit the advantage of price discrepancies, or limit losses. For more information, read our guide on how to hedge a bet for guaranteed profit.
Bets can be placed on whether the Total will be higher or lower than the number set by the bookmaker. A specific type of Multiple bet combining three selections in a 10 combination bet; three doubles, one treble and three up-and-down single stakes about pairs. When there is a zero Handicap and neither team is favoured. The implied cost of placing a bet set by the bookmaker.
Read our reviews and test games with play money before you gamble online for real money at online gaming sites. Beyond all-important “where to bet” advice, we offer a variety of resources that help bettors make informed sports betting decisions. That includes recommendations on where to find the best odds, our exclusive Power Rankings and information packed Betting Guides.
Other Bookmaker Slang
The difference of 10 is the traditional profit margin for sportsbooks. Here’s a look at some common sports betting terms someone new to the game might need to place those bets – and hopefully cash a few tickets. The combined amount of runs, points or goals scored by both teams during the game.
A proposition or prop bet is an exotic type of bet in which people wager on elements of a game that don’t directly affect its outcome. But, if you’re just starting out, you may want to just stick with a straight bet, like the ones above. As the name suggests, a totals bet is governed by the total combined points scored by two opposing teams. Like point spreads, totals are normally expressed in half-numbers to avoid a tie, called a push in the betting world.