There are a ton of sports betting terms out there. But knowing them isn’t enough — you also need to know where to look for them. Just like knowing where you can access online casino games on the web. Which ones should I avoid? And once you get into it, how do you become successful at winning big? All these questions and more are answered in our comprehensive guide to sports betting. Sports betting terminology can be confusing. Many new bettors don’t realize some key terms they should know before placing their bets.
Odds.
Find out what the odds are for any given game or wager by clicking on the tab above. This will show you not only your total payout but also your percentage return if you win! The best online sportsbook is going to offer great odds, so find one that gives you the edge over the competition.
Spread.
The spread refers to the amount of money being wagered on each team. For example, if two teams are listed as -8 points, this means that the point spread for those games is 8 points. If one team has an advantage (in this case, Florida), then the line makers have adjusted the number accordingly.
Moneyline.
In the United States, if you want to bet on football, you can either bet on which team wins outright (over/under) or if there will be a touchdown (point spread). Both options are called “money lines” because you’re essentially gambling on whether or not the total amount of money in the game will exceed a certain value.
Total Points.
When referring to basketball, this is known simply as the score. A typical NBA game sees around 80 points scored in most cases while college basketball games see anywhere from 50-100 points per contest. These numbers can rise significantly depending on the matchup and level of play.
Over/Under.
As mentioned earlier, when betting on football, you can bet on the outcome of the game (either who wins outright or will there be a touchdown). You can also bet on the total amount of points scored during the game.
Pick.
Picks are offered for all sorts of sporting events including professional and collegiate sports. They typically include match-ups, outcomes, totals, etc. Most picks come with varying levels of risk associated with them, such as favourites, underdogs, etc.
Parlay.
Sometimes referred to as Parlay Bets, parlays involve making multiple bets on different contests. Typically, you take the same amount you would for a single bet and add it up across several matches, usually of similar value. This could mean you’d be willing to wager $50 on a single NFL game,
Point Spread.
Similar to the spread and money line, the point spread reflects the amount of money you will make if your team wins. If you bet on a team to lose, you will receive less than the original bet amount.
Straight Up.
Straight-up bets refer to the simple act of picking a winner. There are no other variables involved, meaning everything is happening according to form.
Handicap.
A handicapped bet involves adding a specific amount of points to one side of the bet. This allows you to get more value out of smaller amounts, while still having an even chance of winning.
Total Wins.
Also known as a total, this is where you place a single wager on a particular event and hope that your chosen side comes out ahead based on the results. Generally speaking, the better the team, the higher their chances of victory, thus increasing the amount of money paid.
Total Losses.
An even opposite to the above, total losses are where you bet against a team and expect them to win regardless of what happens. It’s always good to remember that the underdog will often outperform expectations, so it’s worth taking some risks at times!
Straight Play.
Known simply as straight betting, this refers to placing a bet on a single outcome without any additional factors involved.
Total Losses.
An even opposite to the above, total losses are where you bet against a team and expect them to win regardless of what happens. It’s always good to remember that the underdog will often outperform expectations, so it’s worth taking some risks at times!
Draw.
The draw refers to placing a bet on a tie. This means the teams finish exactly even, but you allow yourself to win extra cash by finding which one won by the smallest margin.
Conclusion.
In conclusion, we’ve covered the most common types of punters in the world of online gambling. These days, it’s hard to find any kind of gambling that doesn’t have its own unique set of terminology, but with these terms, you should be able to understand most forms of betting just fine. Last but not least we recommend that also you try out online casino games.