Sports Betting Terms Explained

This video informative post that walks you through how to chose a horse using past performances and then read on for an explanation of the various betting options as well as some key betting terms to know. Betting on a horse race for the first time — even the first few times — can be an intimidating endeavor. Whenever you see odds displayed in numeric form i.e. 9.00, this is a decimal betting odd. Register, deposit £10 or more and place a Sport bet (3+ selections) up to £20, each with odds of 1/2 (1.5) or greater. For example, many punters would have to think twice about whether 7/4 is better than 9/5, but when the same odds are expressed in decimal terms, 2.75 is clearly a lower return than 2.80.

Best Sportsbook Bonuses & Reviews

You Just Gaming play craps online for real money Options Assessment can also think about betting on the away team winning by a two-goal or a bigger margin with this bet. In this case, the home side is given a “half a goal” advantage, so if you put your money on the home side, your bet is winning with a draw or the home team winning. This bet is most commonly used when the home team is a slight underdog, and you’re counting on their ability to keep the favored visitors at bay. The ideal situation is to bet on a team with a good home record.

The Difference Between Decimal And Fractional Odds

Compared to pre-match online cricket betting, live cricket betting displays odds that are updated in real-time. In short, you need to use a live tracker or a streaming tool to check out the latest odds in online cricket betting. And with many more respected bet-ting websites like Pinnacle and Betfair jumping on the esports bandwagon, we can look forward to placing a bet on plenty more LoL tournaments in the future. Getting a good understanding of how the different game modes can affect the players and teams is also very important.

A straight bet is a single bet on the outcome of a game or sporting event that is determined by a money line or point spread. This is why casinos and sportsbooks employ professional oddsmakers to set the lines that are most likely to draw equal interest on both sides of the bet. That way the casino makes a profit on the commission regardless of which team wins.

Why Does The House Always Win?

MLB and NBA both have multiple games most days of the week. So, there is also a good chance to make some interesting picks there too. It only needs one of the Jets, Dolphins, or Chargers to lose and this bet is lost.

Sports Betting Basics

With point spread, the odds are usually set to -110 unless specified by the sportsbook. That means a $10 wager on the Hornets would give you $9.10 if they won. Whichever format odds are written in, they all have an equivalent in another format. While some sites, such as William Hill’s Jersey sportsbook, allow bettors to change odds formats, it is useful to understand how to calculate odds between formats. Not only will this help you understand your potential return, but it also makes it easier to compare betting odds across sportsbooks.

Sports Odds Explained

Pinnacle is considered a “specialist” in asian handicap betting, by offering several bets regarding goals scored in a football match. Place a sports bet of minimum £1 with odds 2/5 (1.40) or greater. Each leg of a multiple bet must be over 2/5 (1.40) for the bet to qualify. Bets placed on horse racing, greyhound racing, trotting and/or virtual sports will not qualify for the money back as bonus offer.