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Be sure to check out our sports betting glossary to assist you with some of the terms used in our sports betting guides. A point spread in sports is a way for oddsmakers to make a matchup between two unbalanced teams more balanced by giving points to or taking points away from each team. A plus or minus sign and a fractional or whole single or two-digit number usually denotes a handicap bet. This juice is a way to discourage gamblers from wagering on a heavy favorite.

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With respect to events betting, Tabcorp and bookmakers operate Betting On Horse Racing For Dummies Cheat Sheet under separate – but similar – sets of Rules. Under the Rules, betting disputes involving either category of wagering operator are referred to the Events Betting Disputes Panel.

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