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

Why bookmakers limiting and closing accounts?
Why bookmakers limiting and closing accounts?

Almost every long-time bettor had an experience of his betting account getting limited or closed at some point. And players don’t need to do something wrong to get this type of punishment, because the rules of 99% bookmakers allow them to restrict/limit clients without ...

What is 1xBet?
What is 1xBet?

When it comes to who is the best sports bookmaker in the world there is a lot of competition out there. For the most part,the major competition is coming from English books lead by William Hill and Bet 365. However another bookmaker has recently made a splash ...

Betting Bonuses
Betting Bonuses

Each betting bonus that is offered by online bookmakers can become a very lucrative business for both the casual and professional punter. Most are added to offer an incentive to the player to either sign up with a certain site or to remain on that site ...

Premium Bookmakers

  Bonus Bookie
130% Megapari
125% Mostbet
100% Betwinner
100% 1xBet
100% Melbet
100% Parimatch
100% Pin-Up
100% 22Bet

Sport Betting Guides

Best in Articles

Risk-Free Profit by Placing an Arbitrage Bets
Risk-Free Profit by Placing…

In economics and finance arbitrage is defined as a situation when using the price difference of two different markets it is possible to get a…

Best Players

Kalidou Koulibaly: Biography, Career, and Personal Life | Odds2win
Kalidou Koulibaly: Biography,…

Biography of JKalidou Koulibaly. When and where was he born? Transfers and teams in his career, earnings, and net worth. Personal life, girlfriend,…

Bookmakers Bonuses