Most Common Sports Betting Terminology & Terms

A minus The Best Betting Sites For Australians sign at the beginning of odds means the team is favored to win. The number indicates how much someone would need to wager in order to win $100. So if someone were to place a $150 bet in favor of Team A, and Team A won the game, that person would win $100.

The Valuebet Term

A selection that changes in price significantly either way, by increasing in odds or decreasing in odds . The lowest odds of horses not mentioned in the betting forecast ’20-1 bar’ means those not quoted are 20-1 or bigger. Throwing cash down on the underdog and accepting money line odds.

A figure oddsmakers decide to represent the gap between the winning and losing teams. The person who decides what the odds will be, with some of the best normally coming out of Las Vegas. A margin refers to two separate things; one is a point spread and the other is the oddsmakers commission on a match. A Joint favorite is when at least two units such as players or teams are seen as equally likely to succeed. Expected goals, or other scoring systems, represent the number of goals that are predicted to occur in a half or throughout an entire game.

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C means the horse has won at that course and D means the horse has won at that distance. CD means the horse has won at that course over that distance. Betting Without (W/O) – Placing a bet excluding a certain selection usually the favourites e.g. premier league outright without Chelsea. For a detailed list of bet types, names, terminologies, meaning and how to bet on them see our bet types section. The receipt of a confirmed wager, either in physical “ticket” form or online confirmation.

Winnings will be credited to your account within minutes of a game concluding. So, informative post typically, finding out if you won is as easy as checking to see if your account balance increased. You can also see a recent history of bets you’ve placed in your betting history.

Length – Usually referring to the length of a horse or dog, e.g. “beaten by a length”. Handicap mark / Rating – Each horse, once it has run a few times , is allocated an official handicap rating by the BHA, which is used to determine its weight if it runs in a handicap. If a horse does well, its handicap rating will go up; if it performs poorly, its rating will go down.

The last available odds offered before a market closes. Bettors who “beat the closing odds” have placed a bet offering a superior return to the final odds offered; consistently beating the closing odds is a sign of a successful bettor. Bettors who “beat the closing line” have placed a bet offering a superior return to the final odds offered; consistently beating the closing line is a sign of a successful bettor. Furthermore, the odds displayed on our website are for informational purposes only and can not be wagered on. We are not a betting site and do not accept bets from players.

Run In – Distance from the final corner/turn to the finish line/post. Roundabout – Same as rounder with double stakes on the any-to-come bets. Return – The amount you can expect back from a winning bet. Postponed – Contest or event that is cancelled and rescheduled at a different time or date. Pool – The cumulative monetary amount of the number of bets in the pot when pari-mutuel betting.