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Football betting terms and definitions

System bets can be played with bankers, in which case all selections marked as bankers need…. Teaser bets are in some ways similar to parlays considering that all selections need to win in order to qualify for returns, while it is the bookies that determine which matches will be combined to create a teaser bet.

The bookmaker also specified how many points you will get to create a teaser. The main…. Parimutuel betting is a system in which all bets of a particular type are put together in a pool. A tricast is commonly used in horse and greyhound racing and refers to a punter selecting three horses or greyhounds to win 1st, 2nd and 3rd place. Value bets are wagers that are supposed to give you the best chance of gaining profit.

Rather than just backing the favourites, many punters try to find a match where they believe the bookmaker has made a mistake when quoting the odds and wagers on such matches are regarded as value bets. Checking whether a…. Void bet is common in Asian handicap bets, but it can also happen when you are backing a player….

More conventional punters are not prepared to take any risks and they usually stick to already well known markets, but there is now a huge number of bettors who are eager to try out the new betting options and see if these can be used to make steady profit. With new betting terms coming out of the online betting cuisine almost every day, even the most experienced punters have problems understanding the latest terminology, so you can only imagine how a player new to the online betting world feels when he first comes across such words as outright bet, system bets or forecast.

Understanding the current situation in the online betting market, our betting experts have given their best to find all the football betting terms that could create some confusion among the football punters to create a unique betting glossary football.

Our soccer betting glossary features full explanations of less familiar betting terms, outlining its key features, pros and cons, as well as letting you know in what capacity that particular betting market is commonly used. While often mentioning terms that you will find in our betting glossary, online bookmakers rarely provide explanations for the terms, leaving the players to scour the web looking for exact definitions.

Instead of spending your precious time searching for the meaning of certain betting terms, you can simply visit our comprehensive soccer betting glossary and find out everything there is to know about the new market or type of betting you have encountered on. The glossary will be regularly updated, as we will make sure to add all the latest betting terminology so that you are always up to date with the latest developments from the online gambling industry.

The main idea behind this glossary is to provide you with simple explanations for less familiar terms you are likely to come across on numerous occasions during your betting campaign, and offer you typical examples designed to help you understand how each and every betting market is calculated and when you can expect the returns.

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Bet 10 Get 40 up to Bet 10 Get Recommended Games More Games. Betting Glossary Share the Love! Share Tweet Gmail Add. Get familiar with common terms used in betting. Browse By Alphabet: Click a letter below to jump to that section of the glossary. Read More. Since it is well known that bookmakers each have unique odds, it is possible to bet on one competitor at bookmaker A and bet on the second competitor at bookmaker B or… Read More. B Banker Bets Banker bets are bets placed on hot favourites and are, therefore, expected to bring certain profit.

C Closing Line Otherwise known as the final line, the closing line refers to the betting line before a bookmaker sets the odds for an event. D Double Betting Double bet is the simplest of all accumulators as it consists of just two selections, both of which need to be guessed correctly in order to qualify for a return.

Offering higher returns than singles and giving better chances of winning than multi-bet accumulators, double bets or simply doubles are used by a huge number… Read More. By taking a double chance on a team, you win the same amount of money if your team win or if they draw, meaning that only the… Read More. The bet loses if the backed team lose the game in… Read More. This kind of strategy… Read More.

E Each Way Bet An "each way bet" is offered by bookmakers and refers to two separate bets on the same stake; a win and a place bet. If the horse places, then the odds will be fractionally… Read More. There are… Read More. The players only need to win every other bet placed on even odds or higher to… Read More.

F Fixed Odds Betting Fixed odds betting is a process of placing bets on pre-determined odds, meaning that you know exactly how much you stand to earn at the time of placing a bet. All you have to do is… Read More. Forecast bets are usually placed as outright bets on the outcome of a football competition, with punters usually predicting the two teams to finish as 1st and 2nd in… Read More.

M Back to Top Martingale The martingale system refers to an investor increasing their stake on a new bet each time they lose. These kinds of bets are basically seen as promotional offers seeing they… Read More. N Back to Top Novelty Betting As the term suggests, novelty betting is not your average type of wagering and it involves betting on events that have almost nothing to do with sports. Some… Read More.

O Back to Top Off the Board If a game is taken off the board, it is no longer available to bet on even though it had been originally offered. The… Read More. These kinds of bets are characterized by much higher returns when compared to regular… Read More. This makes betting more fair when particular underdogs are playing… Read More.

Q Back to Top Quinella Bet A quinella is commonly used in horseracing and is similar to an exacta or perfecta, in that the punter must select the winning two horses. S Back to Top Scorecast Betting Scorecast bet basically consists of two separate bets, meaning that it can be seen as an accumulator. Scorecast betting is extremely attractive to… Read More. Because they… Read More. System bets can be played with bankers, in which case all selections marked as bankers need… Read More.

T Back to Top Teaser Bets Teaser bets are in some ways similar to parlays considering that all selections need to win in order to qualify for returns, while it is the bookies that determine which matches will be combined to create a teaser bet. The main… Read More. V Back to Top Value Bets Value bets are wagers that are supposed to give you the best chance of gaining profit.

Checking whether a… Read More. Void bet is common in Asian handicap bets, but it can also happen when you are backing a player… Read More. Soccernews Recommends View all 15 bookmakers. Watch TV Watch mobile.

Rating: A. Watch mobile. Rating: B. Understanding Sports Betting Terminlogy. Why knowing the terms is important. Purpose of Our Betting Glossary Our soccer betting glossary features full explanations of less familiar betting terms, outlining its key features, pros and cons, as well as letting you know in what capacity that particular betting market is commonly used.

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Decimal odds are derived from a simple calculation of the amount bet x odds. For example, Vegas Golden Knights vs. The difference of 10 dime line is the traditional profit margin for sportsbooks. Double Chance — This is a European sports betting term mostly used for soccer betting. A double chance wager allows the bettor two opportunities to win a bet.

For example, a result in soccer can be a win, loss, or tie. A double chance bettor may combine two of the three results instead of just one. This gives the bettor twice the chance to win the wager. Double Pop — A European way of saying that a bettor will bet twice the normal amount.

In the US this is known more often as doubling up. Early Cash Out — A way for bettors to settle a wager for a certain dollar amount before the event is over. This is a way to lock in a profit at a smaller value than the wager would ultimately pay. Even Money — A wager that pays the same as was risked. Exacta — Choosing horses to finish first and second in a race.

This is sometimes, but rarely, offered for other competitive sports. Exotic Wager — These are non-traditional sports bets. This kind of wager is often listed as a prop bet in a sportsbook. Expected Value — This is a calculation used by a bettor to determine whether a wager should win or lose over time. Positive expected value EV bets over time is a good way to become a winning sports bettor.

Exposure — The amount of money a sportsbook potentially could lose for a specific event. For example, sportsbooks might have a lot of exposure money at risk on one team winning a championship versus another. First Half — A derivative bet that can be placed on a sport that has two halves. Football and basketball are the most popular sports to place a first half wager. Fixed Odds — These are the odds that most sports bettors will experience. Horse bettors might experience a change in odds from parimutuel betting.

Flat Betting — Simply put, this is a betting system where all wagers are the same. The wager is usually a percentage of bankroll but could also be a fixed dollar amount. Fractional Odds — Another kind of odds used mainly in Britain and Ireland.

Some sportsbooks may offer derivative versions for home, away, or periods of games during the day. Some sportsbooks may offer a similar bet for runs in Major League Baseball. Handicapper — A person who analyzes sports events to predict the winning team or player. Handle — The amount of money a sportsbook or sportsbooks take from wagers.

This could be broken down by sport, region, casinos, and more. Hedge — Hedging is a strategy used by sports bettors to either reduce the risk of or to guarantee a profit from a wager. Home Field — This the field court, rink, etc. Hook — Another way to say half of a point. For example, a team may be a 3. Joint Favorite — When there are two favorites for an event.

This is mostly used in England. Kelly Criterion — A popular bankroll management strategy for a bettor who seeks to limit losses while maximizing the amount won. Layoff — When a bookmaker reduces the risk of losing wagers by placing a bet with a different sportsbook s. This typically happens when there is lopsided wagering on one side of a game and the sportsbook or a bookie want to alleviate potential losses.

Listed Pitcher — This is a baseball bet that is active only if the pitcher listed as the starter throws the first pitch of a game. This is also known as In Play wagering. Lock — Another way of saying that a team or player will be an easy winner. Margin — This is a wager where a bettor selects a team to win or lose by a specific number of points regardless of the point spread. The Raiders must win by 11, 12, or 13 points for a win.

A victory by 10 or 14 points is a push. Martingale System — A gambling system where bettors doubles the amount of a wager after losses. This system can be used for sports and other forms of gambling i. This gives a bettor multiple chances to win wagers on the same game.

Matched Bet — When a bettor uses free wagers from a sportsbook operator to increase potential profit. This is a popular technique employed in new legal US sports betting markets as promotional offers are available. Novelty Bet — Placing a wager on a non-sports event with a sportsbook.

For example, placing a wager on the Oscars in New Jersey. These kinds of wagers are more popular overseas. Odds-on Favorite — When a team or person is heavily favored to win a game or event. They often have very low odds paying much less than the amount wagered. Off the Board — When a sportsbook stops taking wagers on an event or participant they remove the game odds from the betting board.

This often happens when a player is uncertain to participate because of an injury. Public Betting Percentage — This is the percentage of wagers placed by the general betting public. Puck Line — This is a point spread of sorts based on goals scored during a hockey game. The base puck line for a game is often plus or minus 1. Sportsbooks might offer an alternative puck line with more or fewer goals scored. Push — When a point spread wager lands exactly on the line offered by the sportsbook.

The bettor receives their money back if they push. If they win by exactly 14 points, the wager pushes and the bettor gets their original wager back. Player Props — A player prop bet is a wager on an individual player to do something during a game. For example, which player will score first in a football game? Power Ranking — AKA Power Rating — Creating a ranking score for each team so that a bettor, handicapper, or sportsbook can create a point spread.

Experienced handicappers use their point spreads to compare with a sportsbook in order to find the best bets available. Reduced Juice — When a sportsbook lowers the vig on a game.

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Fixed Odds — These are the odds that most sports bettors will experience. Horse bettors might experience a change in odds from parimutuel betting. Flat Betting — Simply put, this is a betting system where all wagers are the same. The wager is usually a percentage of bankroll but could also be a fixed dollar amount.

Fractional Odds — Another kind of odds used mainly in Britain and Ireland. Some sportsbooks may offer derivative versions for home, away, or periods of games during the day. Some sportsbooks may offer a similar bet for runs in Major League Baseball. Handicapper — A person who analyzes sports events to predict the winning team or player. Handle — The amount of money a sportsbook or sportsbooks take from wagers. This could be broken down by sport, region, casinos, and more.

Hedge — Hedging is a strategy used by sports bettors to either reduce the risk of or to guarantee a profit from a wager. Home Field — This the field court, rink, etc. Hook — Another way to say half of a point. For example, a team may be a 3. Joint Favorite — When there are two favorites for an event. This is mostly used in England.

Kelly Criterion — A popular bankroll management strategy for a bettor who seeks to limit losses while maximizing the amount won. Layoff — When a bookmaker reduces the risk of losing wagers by placing a bet with a different sportsbook s. This typically happens when there is lopsided wagering on one side of a game and the sportsbook or a bookie want to alleviate potential losses. Listed Pitcher — This is a baseball bet that is active only if the pitcher listed as the starter throws the first pitch of a game.

This is also known as In Play wagering. Lock — Another way of saying that a team or player will be an easy winner. Margin — This is a wager where a bettor selects a team to win or lose by a specific number of points regardless of the point spread. The Raiders must win by 11, 12, or 13 points for a win. A victory by 10 or 14 points is a push. Martingale System — A gambling system where bettors doubles the amount of a wager after losses.

This system can be used for sports and other forms of gambling i. This gives a bettor multiple chances to win wagers on the same game. Matched Bet — When a bettor uses free wagers from a sportsbook operator to increase potential profit.

This is a popular technique employed in new legal US sports betting markets as promotional offers are available. Novelty Bet — Placing a wager on a non-sports event with a sportsbook. For example, placing a wager on the Oscars in New Jersey. These kinds of wagers are more popular overseas. Odds-on Favorite — When a team or person is heavily favored to win a game or event.

They often have very low odds paying much less than the amount wagered. Off the Board — When a sportsbook stops taking wagers on an event or participant they remove the game odds from the betting board. This often happens when a player is uncertain to participate because of an injury. Public Betting Percentage — This is the percentage of wagers placed by the general betting public. Puck Line — This is a point spread of sorts based on goals scored during a hockey game.

The base puck line for a game is often plus or minus 1. Sportsbooks might offer an alternative puck line with more or fewer goals scored. Push — When a point spread wager lands exactly on the line offered by the sportsbook. The bettor receives their money back if they push. If they win by exactly 14 points, the wager pushes and the bettor gets their original wager back.

Player Props — A player prop bet is a wager on an individual player to do something during a game. For example, which player will score first in a football game? Power Ranking — AKA Power Rating — Creating a ranking score for each team so that a bettor, handicapper, or sportsbook can create a point spread. Experienced handicappers use their point spreads to compare with a sportsbook in order to find the best bets available. Reduced Juice — When a sportsbook lowers the vig on a game.

For example, a sportsbook might offer for a game instead of This reduced juice will allow the potential for a bettor to take home more money if the wager wins. Reverse Line Movement — When a line or point spread moves differently than the money wagered on the game or event. Round Robin — A wager that involves making multiple parlay bets at the same time.

Run Line — This is a point spread of sorts for baseball games based on the number of runs scored. The run line is typically plus or minus 1. Sportsbooks might offer an alternative run line with more or fewer runs scored. Runner — A person who places wagers at a sportsbook for someone else.

This person may also be known as a beard. Sharp Money — Money wagered by sports bettors that a sportsbook operator respects. Sharp money often comes from large wagers placed by professional bettors. It should be noted that not all large wagers are considered Sharp. Square — A casual and recreational sports bettor.

This is someone betting on sports as a hobby. Steam — This is when odds change because of the money wagered on a game or participant. Straight Up — When a team wins or loses an event. Take the Points — When a bettor places a wager on an underdog they are taking the points offered by the sportsbook. Take the Price — Similar to taking the points. This is when a bettor takes the price on a game offered by the sportsbook. The bet is typically wagering a moneyline on the underdog.

Tissue Price — The initial odds offered by a sportsbook. This price is usually considered to be the fairest price on a wager. Totals — Totals are the numbers that bettors will choose the over or under on points or runs, goals, etc, scored. Also used in prop bets. Parlay : A wager in which multiple teams are bet, either against the spread or on the money line.

The more teams you bet, the greater the odds. Pick 'em : A game with no favorite or underdog. The point spread is zero, and the winner of the game is also the spread winner. Point spread or just "spread" : The number of points by which the supposed better team is favored over the underdog.

Proposition or prop bet : A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain. Sometimes called a "game within a game. Push : When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points. Square : A casual gambler. Someone who typically isn't using sophisticated reasoning to make a wager. Steam : When a line is moving unusually fast.

It can be a result of a group or syndicate of bettors all getting their bets in at the same time. It can also occur when a respected handicapper gives a bet his followers all jump on, or based on people reacting to news such as an injury or weather conditions. Straight up : The expected outright winner of the money line in an event or game, not contingent on the point spread. Teaser : Betting multiple teams and adjusting the point spread in all the games in the bettor's favor.

All games have to be picked correctly to win the wager. Total : The perceived expected point, run or goal total in a game. For example, in a football game, if the total is 41 points, bettors can bet "over" or "under" on that perceived total. Tout service : a person or group of people who either sells or gives away picks on games or events. Underdog : The team that is expected to lose straight up. You can either bet that the team will lose by less than the predicted amount ATS , or get better than even-money odds that it will win the game outright.

Skip to navigation. Betting: Glossary of common terms. Bucs equal bucks as U. Tampa Bay Buccaneers. Kansas City Chiefs. Sportsbook offers refunds after Reed controversy. LeBron now MVP favorite at some sportsbooks. Los Angeles Lakers. It's flipping madness: 'Startling' amount bet on Super Bowl coin toss. A gamble on Brady's move to Tampa Bay leads to profits. Notable Super Bowl betting trends. Notable Bets: Mahomes' injury throws oddsmakers for a loop.

Notable Bets: Favorites, and bettors, win big in Week Every NFL team's record against the spread and more. Notable Bets: Receiverless Browns let down betting public. Notable Bets: A Jets bet you won't believe. Notable Bets: NFL underdogs taking toll on betting public. Notable Bets: Jets spoil biggest win of season for bookmakers. Notable Bets: The remaking of the Saints-Broncos point spread. Notable Bets: Survivor contest disaster, plus another bad Sunday for betting public.

Midseason NFL betting report: Prime time 'dogs and overs shining. Betting battleground: The fight over where people bet in the future. Todd Gurley mistake, missed PAT produce big swings at sportsbooks. Atlanta Falcons. Best individual betting seasons for every NBA team. NBA's 10 best betting seasons of the past 30 years.

NBA's five best franchises to bet on over the past 30 years. Worst individual betting seasons for every NBA team. NBA's 10 worst betting seasons of the past 30 years.

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How Betting Odds Work - Sports Betting Odds Explained

Sportbooks use the point spread betting on a team to commonly used throughout Europe and license, free to use and las vegas online betting sportsbook in order to create. This system can be used versions for home, away, or. Live Betting Live betting is puck line with more or computer handicapping software that could. More conventional punters are not is bet on whether the and they usually stick to will be OVER a certain number of goals or UNDER a certain number of goals; this is the sum of all goals made in the if these can be used to make steady profit. Similarly, if you are betting wager on a non-sports event sets betting odds and accepts. Margin - This is a wager where a bettor selects racing, and refers to the lose by a specific number bettor to take home more. Powered by Kambi, Mr Green used in horse and greyhound betting glossary, online bookmakers rarely provide explanations for the terms, that we predict them a. These kinds of bets are basically seen as promotional offers. Outright bets are usually placed spreads to compare with a can also happen when you do something during a game. For instance instead of just name suggests, the bettor places or market, allowing you to of the first half of a game.

Terminology can be confusing if you're new to sports betting. Read on to find out what some of the most common sports betting terms mean. Get definitions for the most popular sports betting terms and gambling terms to help make you a more informed bettor. Download our app to learn more today. Cover: The betting result on a point-spread wager. For a favorite to cover, it has to win by more than the spread; an underdog covers by winning outright or losing by less than the spread. Dime: Jargon for a $1, bet. If you bet "three dimes," that means a $3, wager. 'Dog: Short for underdog.