Sports betting sites are becoming increasingly popular. Since their actions are held in Brazil, more and more people are interested in trying their luck with “bets”.
By the way, do you know what a “bet” is? What is the difference between “betting” and “gambling”? Or do you have any idea what a bookmaker is? Don’t worry: These are very common terms in the world of sports betting.We will explain the main ones in the following lines. Follow the betting alphabet!
What are the basic terms in sports betting?
Understanding the terms of sports betting sites is crucial to getting the most out of what they have to offer. Let’s examine the main ones below:
- All in: A bet in which the interested party deposits the entire available balance;
- Bet: when a certain amount of money is bet on a specific outcome of a sporting event;
- Single bet: when the bettor chooses only one outcome to bet on;
- Accumulator Bet: A bet that combines multiple selections into a single bet. All selections must be correct for the bet to win;
- Live Betting: Bets placed while a sports event is ongoing.
- Betting on Moneyline (Moneyline Betting): A simple bet in which the bettor chooses which team or competitor will win the event, without taking into account the final score;
- Future bet (Future Bet): a bet on a future event, such as the champion of a league or tournament;
- Oppressed: Term used to describe the participant or team considered least likely to win;
- Mishit: Used to place a bet that appears to be winning but ultimately loses;
- Banker: an election that is thought to have an extremely high probability of winning;
- Bettor: used to describe the person placing a bet;
- Bettor: The company or person who accepts bets and sets the odds;
- I’m out of money: Option to withdraw some of your winnings or limit your losses before the event ends;
- Dutch: distribution of bets on various outcomes to guarantee profits regardless of the outcome;
- Favorite: The participant or team thought to have a high probability of winning;
- Open to everyone: betting against popular consensus;
- Free bet: a free bet offered by a bookmaker as part of a promotion;
- Green: profit on a bet is mentioned;
- Goal odds/double: betting on whether the total number of goals in a match will be odd or even;
- First Half/Full Time: Betting on half-time and final match results;
- Handicap: to give an advantage or disadvantage to one team to even the odds;
- Hedging: betting on different outcomes to minimize potential losses or guarantee a profit;
- High Bet: used to determine a large value bet;
- At game: Another term for live betting;
- Juice Bet: commission received by the bettor;
- Snow: money won from a bet;
- martingale: betting system that involves doubling the bet after each loss;
- Money line: Another term for moneyline betting;
- Neteller: Online money transfer service generally used to deposit and withdraw money to betting sites;
- Void: bet canceled or void;
- Strange: A term describing the probability attributed to an outcome;
- American rates: Odds expressed according to how much money you need to deposit to win $100;
- Decimal odds: probabilities expressed in decimal format;
- European rates: another term for decimal odds;
- Odd Even: bet with equal chances of winning or losing;
- English rates: probabilities expressed in fractional format;
- Over/Under goals: betting on whether the total number of goals in a competition will be over or under a certain value;
- Elections: selections or predictions regarding the results of sporting events;
- Roll: Condition that requires the bettor to bet the deposited money and bonus several times in order to withdraw the winnings;
- Steam: fast and significant action on the betting line thanks to smart money or insider information;
- Fly: advice or recommendation regarding a bet;
- Informant: a person who provides sports betting tips or advice;
- Investors: people responsible for setting betting odds for a bookmaker;
- Oppressed: The participant or team considered least likely to win.
Do you know all these terms used on sports betting sites? If you remember anything else we didn’t mention here, please share it with other readers. TecMundo We use our social networks. Take the opportunity to take a look at some tips to avoid falling into betting site scams. To the next one!
Source: Tec Mundo
I am a passionate and hardworking journalist with an eye for detail. I specialize in the field of news reporting, and have been writing for Gadget Onus, a renowned online news site, since 2019. As the author of their Hot News section, I’m proud to be at the forefront of today’s headlines and current affairs.
