The handle represents the maximum a bookmaker will accept on a particular wager, a kind of total betting limit. A handicap ensures the odds are attractive to bettors as they produce a competitive element for both sides of a bet, where possible. Yet another type of odds used to calculate probabilities of bets coming in.

Sports Betting Terms And Definitions

Your £20 free bet must be wagered one time at odds of 2.0 (1/1) or higher before it becomes cash. If your first £20 bet wins, you have to bet £20 again at odds of 2.0 (1/1) or higher to turn the £20 bonus money into cash. But you do win cash on your first bet – it’s just the £20 bonus that’s locked until you bet £20 again at minimum odds of 2.0 (1/1) or higher.

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Decimal and fraction odds might seem confusing, especially if you’re not familiar withonline sports bettingand all thebetting terms and types. This handy guide is ideal for anyone new to betting, or if you’re struggling to read the odds. Total – The combined amount of runs, points or goals scored by both teams during the game, including the overtime. Spread – A spread in sports wagering is the predicted scoring differential between two opponents as quoted by a sports book. With money odds, whenever there is a minus (-) you lay that amount to win a hundred dollars, where there is a plus (+) you get that amount for every hundred dollars wagered.

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An accumulator bet involves picking several selections and combining them in a multiple bet. Accumulators related site are popular because customers can enjoy a big potential return from a small stake by predicting the outcome of football matches, horse races or games taking place across other sports. Playtech ranks 8th on this list of the top 10 biggest sports betting companies in the world, generating USD 1.75 billion last year.

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Below, learn all the key terms in sports betting, from moneylines to point spreads so you know how to bet on sports. Negative Money Line – A negative money line represents the amount of money that a person making a wager would have to bet to win $100. If, for example, the money line was -200, you would need to bet $200 to win $100.

In return for the chance of better odds, punters risk the fact that stakes are not returned if their selection pulls out or is cancelled. In this betting instead of wagering on which team would win a match, you wager on if a specific team would progress further. This type of betting is usually for National, or Champion Leagues, or the World Cup. The Asian Handicap type of betting is designed to even out the odds by adding a virtual advantage to the underdog team. These wagers are hard to understand for new punters, but once they get the hang of them, they benefit that would intrigue them, like eliminating the possibility of a draw result.

Betting term that means you’re including multiple horses in a wager. For example, an exacta part-wheel 1 with 2,3,4 means that you are betting 1-2, 1-3 and 1-4 combinations, ‘wheeling’ a part or portion of the field with your key horse. Betting term that means you’re including all horses in a race in a particular wager and putting them in front of your key horse. For example, an ‘exacta back-wheel all with 1’ means that you are betting every combination of exacta with any horse finishing first and the number 1 finishing second. The power of the „single” should be obvious; if we had selected two, three or four horses in that 3rd race, our ticket would have doubled, tripled or quadrupled in cost.

You can buy a Racing Form in print at your local newsstand or gas station (there’s a Form Finder on their website), or download the Form over the internet at their website using their Formulator program. Equibase and Bristnet also sell past performance information; we’ve used Brisnet PPs in the past but have never tried out the ones from Equibase. Most of these sites will have samples of what their PPs look like and it’s a good idea to see what’s out there and what works for you if you want to buy this type of information. Everything you need to know about horse racing’s biggest achievement, and why we still care so much about one of the rarest feats in sports. Here’s everything you need to know about how to pick ‘em and how to bet ahead of the Kentucky Derby.