Betting Terms are useful, helpful, and important. The best way to win in gambling is to get to know everything concerning it. Surely, it's lines, odds, picks, and team or individual records. But do you what the above words stand for? Here the ABC of betting terms comes to the rescue.
So what betting terms does this article contain? First of all, it's bets explanations. What is more there's a special section for horse betting terms, because they are unique and hardly used in other kinds of sports. But lets start from the very beginning.
| A betting term |
|
| wager |
an amount of money a bettor stakes on some team or individual |
| a money line |
a kind of wager that is put on a certain team winning or losing |
| a point spread |
a bet that fixed not simply what team will win, but a different between scored points |
| a chalk |
a favorite, a jolly, a sponk (a team that is thought to win) |
| a dead |
an underdog ( a team that has poor chances to win a game) |
| a dead heat, a tie, a push |
a draw result of the game. Bookies use decimals for spreads so that to avoid a push with a bettor |
| a juice, a vigorish or simply vig |
a commission paid to a bookie |
| betting odds |
a probability of both the teams to win estimated by a handicapper |
Some betting terms can be used for horse gambling. But hardly horse racing terms can be applied to general sports betting.
| A horse betting term |
Its explanation |
| a daily double |
a wager when a player bets on two horses to come first and second in two races |
| a quinella |
a bet that will win if two horses chosen by a gambler will get the first two winning places |
| an exacta |
a bet with exact guessing two horses to come first and second |
| a trifecta |
an exacta plus the third horse fixing |
| a superfecta |
a trifecta with the forth horse to come predicting |
| a pool |
a total amount of bet money |
| a wheeling strategy |
a betting system when a bettor bets on one horse in the first race, and all the horses in the second one. |
May the above noted betting terms turn out to be valuable information for you in your gambling career! |