A Glossary of Sports Betting Terms
Whether you are a seasoned sports bettor or just beginning your career, sports betting terminology is important to know. There are many different terms to know, but it can be confusing to figure out exactly what the terms mean. This glossary of sports betting terms is intended to help you understand some of the more common terms and concepts used by the gambling community.
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The oh-so-popular “moneyline” bet is one of the most popular wagers in the sports betting world. This bet involves placing a bet on a particular team or player to win a game. The bet is usually made with a specific percentage of the team or player’s total handle. In addition to the amount of money that you bet, the moneyline includes the odds on the bet.
The “sharp bettor” is a term used to describe the professional sports bettor. This type of bettor is a savvy individual who has researched the game and knows what kind of bets are likely to win.
Sports Betting Review – A Glossary of Sports Betting Terms
The best way to describe this type of bettor is to say that they are extremely high risk, but extremely high reward. This type of bettor is usually found on heavily televised games, where they will bet on favorites. The most common bets include the winner of a championship, the winning team in a given year, or the winning player in an MVP award.
Another popular term is the “dime line.” This is a type of betting line that is typically seen in Major League Baseball. It is a bet that the favorite team in a game will be able to win the game in fewer than seven runs. In addition to the moneyline, baseball also offers a run line, which allows you to add runs to the favorite in order to increase your odds of winning.
A “steam move” is an abrupt, uniform change in odds across the sports betting market. This can be attributed to a deep pocketed sharp bettor, who is willing to gamble up to $1,000 on a single bet.
The “smart money” is the money that is bet by knowledgeable individuals. This includes high rollers, who are often betting in the range of $1,000 to $10,000. This type of bettor is known for using strategies such as hedging and staking, which can minimize a loss while also maximizing a profit.
A “longshot” is a big underdog. The term is most commonly found in horse racing, where a longshot is often used to describe a competitor with a minimal chance of winning. A “long shot” is also used to describe a game that is a bit of a stretch.
The “key numbers” are the most common margins of defeat in a game such as football. These are usually used to describe the number of points that a game is expected to end with. This term is also a very common term in football, where the key numbers are often used to describe the most important numbers.