vinolin-naidoo Page 33 - Sports News, Headlines & Highlights
Layoff
A type of bet that a bookmaker can make with another company or sportsbook in order to offset some of their liability on a particular outcome. For example, placing a wager on the favorite if liabilities have built up significantly and there isn’t much action for the underdog
Limit
The maximum amount allowed to be wagered on a particular market or outcome. This can vary by player, sport, specific wager and the time at which the bet is requested
Lock
The best bet available on a given event or slate of matches according to a handicapper. For example “Kansas City -3 is the lock for this week”
Longshot
A bet at long odds, typically something of an outsider in terms of implied probability
Lucky 15
A wager that comprises four different, unrelated selections and totals 15 bets; four singles, six doubles, four trebles and one four leg parlay
Lucky 31
A wager that involves five different selections and 31 betting combinations; 5 singles, 10 doubles, 10 trebles, 5 four leg parlays and one five leg parlay
Middle
The opportunity for two different bets to both pay out. This is often achieved by taking advantage of line movements. For example, if a player backed the 49ers to win -7 on a Tuesday but then their opponents, the Rams, drifted to +10.5 against the spread by Sunday, a bettor could back the underdog at this line, creating a “middle” ...
Moneyline
A bet which is solely concerned with who wins the match
Oddsmaker
A person who is responsible for setting the odds on a given event
Off the board
When a match or event is not available to bet on while the odds are re-assessed. For example if there is significant injury news around a quarterback in the NFL
Over/Under
A type of bet that concerns whether a team or player will go over or under a specific metric. Typically these are two way markets which allow bettors to take either side e.g. over/under 51.5 points in an NFL game, or a specific player to rush for over or under 75.5 yards in a game
Parlay
A type of bet where all the selections must win in order for the wager to be graded as a winner. The odds of each leg are multiplied together to give the overall parlay odds. In European terms this is known as an accumulator
Pick 'em
A way to describe when the two teams cannot be separated in the current odds. As such, there is no definite favorite or underdog
Point spread
A handicap applied to matches in a sport such as the NFL. The point spread is designed to make the match up closer to a 50/50 contest once the additional points are applied to either team and a more interesting betting option. For example, the Chiefs are -7 favorites on the point spread at -110 instead of their moneyline odds ...
Proposition/Prop bet
A bet which references a specific proposition, often around a certain player or teams’ performance in a specific game, regardless of the overall outcome of the game. Examples could include a quarterback’s total passing yards, a players’ combined rushing and receiving yards or the number of sacks achieved by a specific team or player
Push
A bet which results in stakes being returned to the players involved. For example an NFL total which lands exactly on the pre-defined number of 51 points or where a seven point favorite wins by exactly a touchdown and successful PAT
Runner
A horse who is participating in a race or someone who’s job it is to place bets on behalf of someone else
Sharp
Someone who knows what they are doing in sports betting. Typically this term is used to describe those who are able to find advantageous positions or whose action forces oddsmakers to move their lines accordingly
Square
A way to describe the betting of the general public. Typically less informed bettors who will make wagers without too much research, analysis or insight. Often referenced as the opposite to a sharp bettor