Top Ten Sports Betting Terms You Must Know

Top Ten Sports Betting Terms You Must Know

If something has grown in the past years it is sports betting, Internet has undoubtedly contributed to the increase of this activity which some individuals get involved with just for the fun or pleasure it gives them to find out if their instincts are correct and some others take it as a funny and exciting way to earn some extra money.

For fun or for money, if you are considering getting into it, here are the top ten sports betting terms you must know beforehand so as to understand what is going on around. Even knowing you are a beginner you will be asked or talked about some basic betting things, which you need to know. There are much more than these listed ten terms but you will catch them easily as you get involved in sports betting and find out what it is about.

  1. Action. It refers to any type of bet, also the sum of money being gambled on a particular game.

  2. Bankroll. It is the money the player is planning to wager or the amount of money available for gambling that the player counts with.

  3. Beard. It is third person that bets for another one so as to keep the identity of the real bettor undercover

  4. Chalk player. It is someone that normally bets on the favourites, placing his money to the team favoured to be the winner.

  5. Circled game. In US sports game, the bookmaker restricts the bets usually when circumstances like bad weather, injuries or rumours that could affect the winning chances of a team.

  6. Hedging. It is a common practice among gamblers and it means placing a bet on the opposite part so as to minimize losses or to assure a minimal winning. You will probably be suggested to hedge or asked if you want to hedge at some point.

  7. Lock. It refers to a favourite, a sure winner who cannot lose.

  8. Past Post. I means betting after the game or event has already begun.

  9. Value. It means getting the best possible odds on a bet, the highest feasible edge.

  10. Wager. Refers to any bet.

Good luck!

Author:

Art Aronson is a tenured bottom-line professional sports handicapper. He is the best ROI handicapper in the business. He is not your typical handicapper.

Related Articles

Tourneys and Cash Games
Tourneys and Cash Games

So I just cannot stay away from the excitement of tournaments. I usually play 4-6 of them early in the evening and then switch to cash games for new tables when I get down to 2 tables remaining. This way I can still come out positive for the night even if I do not make a final ...

Sports Betting Software - Should You Use?
Sports Betting Software - Should You Use?

This is the time of year when the majority of sports bettors start coming alive as we begin to enter the multi-sport season. During the summer all we have is baseball to look forward to. Next week starts one of my favorite times a year Football season.

Bookmaker Review: 888 Sport
Bookmaker Review: 888 Sport

888Sport is a seasoned global betting brand with more than 10 million clients around the world. The company entered an online gambling market in 1997. At the start 888 was all about poker and online casino. But in 2008 Holding finally said “YES” to betting and set up an ...

Premium Bookmakers

  Bonus Bookie
100% 1xBet
100% Betwinner
100% Melbet
100% Parimatch
100% 22Bet

Sport Betting Guides

Best in Articles

Tips on Sports Betting
Tips on Sports Betting

Watching sports is an entertaining thing to do, especially when you have a bet on the playing team. It adds to the fun as your bet is leading…

The best bookmakers for basketball betting
The best bookmakers for basketball…

If you are into basketball betting, then you’ll find this article useful and interesting. Because here we’ll reveal the best online bookmakers…

Bookmakers Bonuses