How to win at sports betting

how to win at sports betting

What Does it mean? Doc's Sports How-To Sports Betting Library

What Is A Half Time Bet In Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

Linemakers set odds - both sides and totals - on what is likely to happen in the second half of the game based on what happened in the first half. For the purposes of the bet it is as if the first half didn't happen and a new game is starting at halftime. The bets can be made available for any sport that is played in halves, but football and basketball are by far the most common.

What Is A Trifecta Wheel In Horse Racing and Sports Betting?

by Doc's Sports - 10/13/2014

To understand what a trifecta wheel is in horse racing and sports betting we first obviously need to understand what a trifecta is. Luckily, that's simple - a trifecta is a bet you can make where you bet on the horses that will finish first, second and third in a race. In order to have a winning bet you not only have to pick the correct three horses, but also correctly pick the order in which they will finish. Because it involves three horses the trifecta is more difficult to win than a win bet or an exacta, so it usually has a much more attractive payoff as a result.

What Is A First Half Bet In Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

The term "first half bet" refers to a style of wager that only takes into account the first half of the game. You can bet a line or a total just like you would for a normal full game bet, but only the action up to halftime counts. The bets are available in football and basketball, and can also be found in baseball when it includes just the first five innings of a game. Most of the time the first half odds and totals will be half of what the whole game numbers are. This bet is very similar to a halftime bet - that bet is on the second half of the game, and this is on the first half.

What is a Futures Bet in Regards to Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

ou will see these bets referred to as futures bets or future bets depending upon where you are looking. Simply put, they are a bet on something that will happen in the future. The most common example is a championship futures bet. For example, just hours after the Super Bowl ends sportsbooks will post odds for each team in the NFL to win the Super Bowl the next year. Futures bets are available in almost any sport imaginable, but are most common in major sports for things like championships or major awards winners.

What Does Grand Salami Mean In Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

A Grand Salami is a bet available at some sportsbooks on baseball or hockey. It is a bet on the total number of runs that will be scored in all games played on a given day in baseball, or the total number of goals scored in all hockey games played on a given day. The books will set a total for all of the games, and bettors can decide whether they think the actual total will be over or under that total.

What Is A Handicapper In Regards to Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

If you hear someone being called a "handicapper" it refers to a person who studies and wagers on sporting events. It can be someone who does it professionally or as a hobby. Either way, the key factor for a handicapper is the attention they pay to games, and the seriousness with which they approach the hunt for winners.

What Does Handle Mean In Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

In general terms, the wagering term "handle" refers to the total amount of money wagered, and this can either refer to an amount from a particular game or a number of different games over a given day, week or even season. It can be used depending on the context to refer either to the total amount of money bet, or just the number of bets placed.

What Is Home Field Advantage In Regards to Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

Home field advantage is simply the advantage that a team has playing at home. Depending on the sport it can also be known as home ice advantage, home field advantage, and so on. In almost all sports teams are generally, all other things being equal, more successful playing at home than they are on the road. There are all sorts of theories and arguments about why this is. Teams at home get to sleep in their own beds and eat their own food. They can drive their own vehicles, and haven't had to deal with the challenges of travel as recently. They are playing on a field they know well, and using facilities they use regularly.

What Does Hot Game Mean In Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

The sports betting term "hot game" refers to a particular game that is drawing an overwhelming number of bets and money, with most of that money typically on one team. The game could be hot because a public team is playing in a high profile situation that people think is favorable, because the game itself is very high profile like if it was part of the NCAA tournament or the NFL playoffs, or if a particular player is drawing a lot of attention because of a record pursuit, a return from injury and so on.

What Does Laying The Points Mean In Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

When you bet on the favorite in sports betting, you are laying the points. When you lay the points the team you have bet on is hypothetically losing the game by the number of points they are favored by. If the odds say a team is a five-point favorite in the NFL, for example, that squad is essentially losing 5-0 before kickoff. If they don't score enough points during the game to overcome that deficit then your bet is not a winner. The opposite of this is when you bet on the underdog - you are taking the points.

What Does Layoff Mean In Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

If you hear the term "layoff" with regards to sports betting, it refers to a bookmaker placing a wager with another bookmaker in order to help reduce the liability or balance the action. It is a word that can also be used when referring to individuals betting on betting exchanges as are more common in Europe, but for the purposes of this definition we'll focus on the sports books.

What Does Trifecta Box Mean In Horse Racing and Sports Betting?

by Doc's Sports - 10/13/2014

Betting on horse racing is all about deciding who is going to finish first, second and third. Things are always more fun when you can bet on them, and the trifecta allows you to do just that. The trifecta, which is also known at some tracks as a triactor, is a bet you win when you pick the horses that finish in the top three spots, and you pick them in the correct order.

What Is A Sportsbook in Regards to Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

When you hear the term "Sportsbook" it refers to a person or company that accepts bets on sports. Sportsbooks can also be referred to more formally as race and sports books. They are referred to as bookmakers in some places - especially the United Kingdom. In discussion or in writing they are frequently referred to simply as books.

What Does Lost By The Hook Mean In Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

If you hear the phrase "lost by the hook" it means that a bettor had a losing bet by a half point via the pointspread. The "hook" refers to the half point added to both football and basketball lines, so if you "lost by the hook" then your wager was unsuccessful by a single half point.

What Does Trifecta Mean In Horse Racing and Sports Betting?

by Doc's Sports - 10/13/2014

Whenever you bet on a horse race you are trying to bet on which horse will win, which horses will finish behind the winner, and what order they will finish in. There are many different ways to do that, and some are much simpler than others. Some also have the chance to offer a much more attractive return than others, while offering more risk as well. One of the best bets for balancing risk and

return for a lot of bettors is the trifecta, which is known at some tracks as a triactor. It's a tough bet to win, but far from an impossible one, and it can pay handsomely if you pick it correctly and get lucky with the odds.

What Is A Linemaker in Regards to Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

When someone is referred to as a "linemaker" it means they are a person who creates lines and totals (different kinds of wager options) for bookmakers. A linemaker can also be referred to as an oddsmaker. They have a huge responsibility - this individual, or group of people, help create original lines to be used for wagering purposes. The "linemaker" has the responsibility to start from scratch in games between two teams and determine which team should be favored and by how much.

What Is A Line In Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

If you hear the term "line" being used in a sports betting conversation, it refers to the current odds or pointspread on a particular event. In other words, when you are betting on the outcome of a game, the line is the most important factor for handicappers. Not surprisingly, the person at a sportsbook who is responsible for setting the line is called the linemaker.

What Does Limit Mean In Sports Betting and Wagering?

by Doc's Sports - 10/13/2014

If you come across someone who uses the term "limit' they are referring to the maximum amount that a given bookmaker will allow a bettor to wager on one set of odds. Sportsbooks are not forced to take all bets if they do not want to, so they will set the limit in a particular game at a level that they are comfortable with. There are a number of reasons for this. Perhaps the most significant is the business model that books work with.

What Does Price Mean In Sports Betting and Wagering?

by Doc's Sports - 10/11/2014

When it comes to sports betting, price simply means how much it will cost to make a bet. It can be used with a point spread, a money line, runline, puckline, proposition bet, or pretty much any type of sports betting. When you make a bet with a friend you probably just bet even money - you each bet $100, for example, and the winner gets $200.

What Is A Proposition Bet in Regards to Sports Betting and Wagering?

by Doc's Sports - 10/11/2014

A proposition bet is more commonly referred to as a prop bet, and is sometimes called a special bet. At the most basic level when talking about sports betting, a proposition bet is a bet on whether a particular event is going to happen in a game or not. You could, for example, bet on which team is going to score first in a particular game. You can bet on pretty much anything that linemakers are willing to set odds on. You will see prop bets on every major sport, and the bets will pertain to both teams and individual players.

What Is A Puckline and How Does it Relate to Sports and Hockey Betting?

by Doc's Sports - 10/11/2014

Hockey is typically bet on using a moneyline instead of a point spread as is used most commonly in basketball and football. The puckline or puck line (you will see it spelt both ways, and both can be correct) is a way in which point spreads are attached to hockey betting. Since the scoring in the NHL is not usually particularly significant - at least compared to football or basketball - the point spread cannot be significant. In most cases the puckline spread is fixed at 1.5 points.

What Does Chalk Mean In Sports Betting?

by Doc's Sports - 10/11/2014

When you hear the term "chalk" it refers to the betting favorite. Whether that implies a team, individual or horse, "chalk" means the favorite for that particular sporting event. Most often, the word is used to describe not just favorites, but solid, strong favorites.

What Does Circled Game Mean In Sports Betting and Wagering?

by Doc's Sports - 10/11/2014

When you hear the term "circled game" it refers to the betting action being limited for a given game. Typically it happens because there is some reason for uncertainty in the game, and the sportsbook does not want to be very exposed to the game. A "circled game" cannot be included in a teaser or a parlay and only available to bet on its own.

What Is A Round Robin in Regards to Sports Betting and Wagering?

by Doc's Sports - 10/11/2014

The sports betting phrase "round robin" refers to a series of parlay wagers. A parlay Is a bet involving two or more teams. You are betting on all the teams, and they must all win in order for your bet to win. A round robin is simply a way to make multiple parlay bets on a group of teams at once without having to buy a ticket for each combination separately.

What Does Runline Mean In Baseball Wagering and Sports Betting?

by Doc's Sports - 10/11/2014

Most betting on sides in baseball is done using the moneyline. Some bettors, though, are more comfortable betting a point spread as is common in basketball or football. For those bettors there is the runline. A runline is like the marriage between a moneyline and a point spread for baseball betting. It attaches a standard spread of 1.5 runs to all baseball games. The favorite, then, has to win the game by two or more runs in order to provide their runline backers a win.

What Does Fade Mean In Sports Betting and Wagering?

by Doc's Sports - 10/11/2014

To fade a team means to bet against them in any game they are playing. Because of your handicapping you could become particularly negative about how a team is playing at the moment. Injuries, lack of talent, poor coaching, lacking chemistry, tough travel, or whatever other factors could conspire to make it very difficult for them to win or cover spreads at the moment. It could be, then, that betting against them - or fading them - could make sense in almost any situation and at almost any price.

What Does Press Mean In Sports Betting?

by Doc's Sports - 10/11/2014

To press in sports betting means simply to bet a larger amount than normal in a particular situation. Say, for example, your standard betting unit is $100. If you were to press a bet you might bet $200 or $300 on a game. You typically do this because you think you have a particular edge in the situation, and you are looking to cash in on the extra value.

What Does Perfecta Mean In Sports Betting and Horse Racing?

by Doc's Sports - 10/11/2014

I honestly can't remember the last time I saw a Perfecta referred to at a race track. It's an old-fashioned term these days. It will show up in some racing books or forums, though, so it is important to know what the heck it is that people are talking about. Simply, a perfecta is another word for an exacta - which in turn can be also known as an exactor, or even a forecast in some places. They are all different words for the same thing - betting on which horses in a race will finish first and second in the exact order. They are a more complex version of a quinella - a bet in which you have to pick the top two finishers, but in which order doesn't matter.

What is a Parlay and How Does it Relate to Sports Betting and Wagering?

by Doc's Sports - 10/11/2014

When you hear the sporting betting term "parlay," it refers to a style of wager that involves two or more teams in which all the teams involved must win or cover, or at least tie, for the bettor's wager to be a win. A "parlay" can be a combination of moneyline bets, pointspread bets and wagers on the over/under total bets from games. Depending on where you are, you may also hear a parlay referred to as an accumulator or a combo bet.

You may also hear nickel in sports betting in terms of a nickel line. The standard pointspread line in sports betting is -110, which means that you have to bet $110 to win $100. That extra $10 is the juice or vig, and is the profit for the sportsbooks. In a nickel line, the juice is half of normal. The price of the bet is just -105, so you only have to bet $105 to win $100. Less juice means that you have to win fewer bets to break even - obviously a good thing for sports bettors over the long term. You will often see a nickel line referred to as reduced juice.

Source: www.docsports.com

Category: Forex

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