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I've read in a few trip reviews about people winning hundreds of dollars on the penny slots. When most people max bet on penny slots about winning big on pennies they max bet on penny slots go on a roll and have betting games large wins coupled with some small to mid sized wins. I go with a set amount of money to have fun, and if I win that makes it even more fun I would love to see these mystical slots where max bet is only five coins because it's been ages since I've seen those - max bet seems to be more 10 to 20 coins per line lately. A good payoff for a single coin per line bettor on a penny slot is a hundred dollars or so.

Round robin betting term chalk best sites for betting on sports

Round robin betting term chalk

Exposure: The degree of risk that a sports book will lose money on a given game, result or proposition. If a book is "highly exposed" on the Cubs in World Series futures betting, it will lose a lot of money to bettors if the Cubs win the World Series. Fade: To take the opposite side of another bettor's wager or to accept that bet yourself. Favorite: A team or player that, according to the odds, is the stronger or strongest in a given match-up or is regarded as such by the betting public or is expected to win.

First-half betting: Wagers that involve the outcome of the first half of a game only. Futures: A type of wager involving the outcome of a season or how a particular team or player will perform over the course of a season. Halftime betting: Wagers, based on betting lines posted at halftime, which involve the outcome of the second half of a game only. Handicap: To study and research sports in order to make predictions on the results of upcoming games and events.

Handle: The amount of money in wagers accepted. Hedge: To make a bet that takes the opposite side of your original position, usually to reduce risk or lock in some profit. Layoff: A type of wager made by one bookmaker with another, often larger, bookmaker in order to balance action or reduce risk. Lock: A bet that cannot lose; a term that is often misused and abused by disreputable touts. Match-up proposition: A betting option that pits two players against one another in a contest or event, often used in golf and auto racing wagering.

Middle: A situation in which you bet both sides in a game and win both bets, due to favorable line moves. If the favorite wins by exactly 3 points, both bets win. Money line: The odds on a team winning a game outright, regardless of the point spread. Money management: Any strategy used by a bettor for making the most of his bankroll. Offshore: Designation for the organized sports betting industry outside of the United States. Out: A place to get bets down, whether it's a Nevada sports book, offshore book or illegal bookmaker.

Parlay: A bet in which two or more events must happen in order to win; if any one of them does not happen, the wager loses. Pay by mail: How sports books usually pay off winning tickets to tourists who make a bet while visiting Nevada, then return to their home state before they have a chance to cash them.

Pleaser: A specialized form of a parlay that improves the point spread for the book but pays off at improved odds. Point spread: The number of points added to or subtracted from a team's actual score for betting purposes. Power rating: A numerical representation of a team's strength for betting purposes. Public: Average, unsophisticated or casual bettors as a whole; or, used to describe money bet by the public "a lot of public money came in on the Cowboys" ; see "square.

Rotation: The official list of all the games on the betting board, presented in a specific order. Round robin: A specialized form of a parlay that uses every combination of a set of teams in a wager. For example, there would be six two-team parlays within a four-team round robin. Scalp: A form of a middle in which you bet both sides in a game, taking advantage of line movements to secure a profit.

Sharp: Savvy, highly informed; or, used to describe the money bet by sharp players "a lot of sharp money came in on the Eagles". Side: A variation of a middle in which you win one bet and push the other; also, a particular team in a match-up. Square: An unsophisticated or casual bettor, the opposite of a wise guy; see "public. Takeback: On a money line, the price of the underdog. In baseball, if the favorite is minus , the "takeback" on the underdog is often plus Teaser: A specialized form of a parlay that improves the point spread for the bettor but pays off at reduced odds.

Totals: A type of wager that involves whether a score or result will go over or under a posted number. Tourist: A typical visitor to Las Vegas, almost always used as another way to say "square. With a cent line, if the favorite is minus , the underdog is even money. Underdog: A team or player that, according to the odds, is the weaker or among the weakest in a given match-up, or is regarded as such by the betting public, or is expected to lose. Wise guy: A sharp, successful, established professional sports bettor.

Wood: The price of a heavy favorite. If you bet the Red Sox as a minus favorite, you "lay the wood" with the Red Sox. The toolbar contains the following The AudioEye Help Desk to report accessibility and usability related issues. Contrarian — Betting against the trends of the mainstream popular opinions. Bettors usually place contrarian wagers when there is value on the opposite opinion. Dead Heat — Another way to say that there is a tie in a finishing position.

Sportsbooks have different rules on how to pay in the event of a tie or dead heat in an event. Decimal Odds — This is a different way to present odds than Americans are used to. The math is easier to figure out for most bettors than US moneyline odds. Decimal odds are derived from a simple calculation of the amount bet x odds.

For example, Vegas Golden Knights vs. The difference of 10 dime line is the traditional profit margin for sportsbooks. Double Chance — This is a European sports betting term mostly used for soccer betting. A double chance wager allows the bettor two opportunities to win a bet. For example, a result in soccer can be a win, loss, or tie.

A double chance bettor may combine two of the three results instead of just one. This gives the bettor twice the chance to win the wager. Double Pop — A European way of saying that a bettor will bet twice the normal amount. In the US this is known more often as doubling up.

Early Cash Out — A way for bettors to settle a wager for a certain dollar amount before the event is over. This is a way to lock in a profit at a smaller value than the wager would ultimately pay. Even Money — A wager that pays the same as was risked.

Exacta — Choosing horses to finish first and second in a race. This is sometimes, but rarely, offered for other competitive sports. Exotic Wager — These are non-traditional sports bets. This kind of wager is often listed as a prop bet in a sportsbook. Expected Value — This is a calculation used by a bettor to determine whether a wager should win or lose over time. Positive expected value EV bets over time is a good way to become a winning sports bettor.

Exposure — The amount of money a sportsbook potentially could lose for a specific event. For example, sportsbooks might have a lot of exposure money at risk on one team winning a championship versus another. First Half — A derivative bet that can be placed on a sport that has two halves. Football and basketball are the most popular sports to place a first half wager. Fixed Odds — These are the odds that most sports bettors will experience.

Horse bettors might experience a change in odds from parimutuel betting. Flat Betting — Simply put, this is a betting system where all wagers are the same. The wager is usually a percentage of bankroll but could also be a fixed dollar amount. Fractional Odds — Another kind of odds used mainly in Britain and Ireland. Some sportsbooks may offer derivative versions for home, away, or periods of games during the day.

Some sportsbooks may offer a similar bet for runs in Major League Baseball. Handicapper — A person who analyzes sports events to predict the winning team or player. Handle — The amount of money a sportsbook or sportsbooks take from wagers. This could be broken down by sport, region, casinos, and more. Hedge — Hedging is a strategy used by sports bettors to either reduce the risk of or to guarantee a profit from a wager. Home Field — This the field court, rink, etc.

Hook — Another way to say half of a point. For example, a team may be a 3. Joint Favorite — When there are two favorites for an event. This is mostly used in England. Kelly Criterion — A popular bankroll management strategy for a bettor who seeks to limit losses while maximizing the amount won. Layoff — When a bookmaker reduces the risk of losing wagers by placing a bet with a different sportsbook s. This typically happens when there is lopsided wagering on one side of a game and the sportsbook or a bookie want to alleviate potential losses.

Listed Pitcher — This is a baseball bet that is active only if the pitcher listed as the starter throws the first pitch of a game. This is also known as In Play wagering. Lock — Another way of saying that a team or player will be an easy winner. Margin — This is a wager where a bettor selects a team to win or lose by a specific number of points regardless of the point spread. The Raiders must win by 11, 12, or 13 points for a win.

A victory by 10 or 14 points is a push. Martingale System — A gambling system where bettors doubles the amount of a wager after losses. This system can be used for sports and other forms of gambling i. This gives a bettor multiple chances to win wagers on the same game. Matched Bet — When a bettor uses free wagers from a sportsbook operator to increase potential profit. This is a popular technique employed in new legal US sports betting markets as promotional offers are available.

Novelty Bet — Placing a wager on a non-sports event with a sportsbook. For example, placing a wager on the Oscars in New Jersey. These kinds of wagers are more popular overseas. Odds-on Favorite — When a team or person is heavily favored to win a game or event. They often have very low odds paying much less than the amount wagered.

Off the Board — When a sportsbook stops taking wagers on an event or participant they remove the game odds from the betting board. This often happens when a player is uncertain to participate because of an injury. Public Betting Percentage — This is the percentage of wagers placed by the general betting public. Puck Line — This is a point spread of sorts based on goals scored during a hockey game.

The base puck line for a game is often plus or minus 1. Sportsbooks might offer an alternative puck line with more or fewer goals scored. Push — When a point spread wager lands exactly on the line offered by the sportsbook. The bettor receives their money back if they push.

In baseball, placing the bet no matter who pitches.

Binary options live signals facebook stock If they don't, the bet is cancelled. Teaser: A type of parlay in which you adjust the point spread or total of each individual round robin betting term chalk. Fractional Odds — Another kind of odds used mainly in Britain and Ireland. B BEARD A friend or acquaintance or contact who's used to place a bet for someone so that the bookmaker won't know the identity of the bettor. Sportsbooks have different rules on how to pay in the event of a tie or dead heat in an event.
Open golf betting in running EDGE Advantage. LINE The current odds or round robin betting term chalk on a particular event. Usually due to heavy betting on one side. See "pointspread". Closing Line Value — This term is used by bettors to measure the value of the line they wagered before the line that was the last available before a game begins. Layoff: A type of wager made by one bookmaker with another, often larger, bookmaker in order to balance action or reduce risk.
Betting exchange guida Sides: The names of the two teams round robin betting term chalk. The opposite of an underdog. Flat Betting — Simply put, this is a betting system where all wagers are the same. Runner — A person who places wagers at a sportsbook for someone else. Handicap: To study and research sports in order to make predictions on the results of upcoming games and events.
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Own goal betting rules on baseball Dime line: A betting line with a cent straddle, often used in baseball. Even Money — A wager that pays the same as was risked. True Odds — True odds are the actual odds of an event happening. Fading The Public: Betting on the team or player that the majority of the public is against. Limit: The maximum wager accepted by a sports book. Learn these terms today to start betting like a seasoned professional! If the favorite wins by exactly 3 points, both bets win.
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COVER To bet the spread by the required number of points; if such occurs, you have "covered the spread". The quoted odds reflect the extent to which the choice is favored. They meet to determine the National Champion. HOOK A half point added to football and basketball betting lines. LINE The current odds or pointspread on a particular event.

A line would be circled due to injuries, weather or any other factor that causes the bookmaker to think the line may move drastically. Circled lines or circled games have restrictions on the maximum bet that will be accepted. A line would be sharp if the bookmaker expects the line to remain unchanged and there to be lots of wagering on that event.

Sharp lines or sharp games have higher betting limits. If they don't, the bet is cancelled. See "buy". See "push". OVER A sports bet in which the bettor guesses that the combined point total of two teams will be above a specified total. PARLAY 1 a sport bet with two or more teams in which all teams must win or cover for the bettor to be successful and receive higher payouts; 2 a wager on two or more horseraces in which the winnings are carried over to the next race.

PUSH Tie; neither side wins and all money is returned to the bettors. This is usually done only for games involving the most popular teams and that are televised. Monday Night Football games and Final Four basketball games would be good examples. SHOW A horse racing bet in which you collect if the horse finishes first, second or third. See "pointspread". STEAM When a betting line starts to move quite rapidly; most "steam but are games that the mass of bettors somehow decide to key on.

TEASER A wager combining two or more games together and giving the player a fixed number of additional points in his favor. TIE A bet in which no money is lost nor won because the teams' scores were equal to the number of points in the given line. Almost always 1. Steam Move: When a line starts to move rapidly.

Usually due to heavy betting on one side. Teaser: A type of parlay in which you adjust the point spread or total of each individual play. Results in a lower payout. Total: The combined amount of runs, points or goals scored by both teams during a single game.

Tout: A person who sells their picks or their sports betting expertise to others. Blog Home All Posts. Bankroll: The amount of money a bettor has available for betting. Bookmaker: A place where a person can make a wager also called bookie. Cover: The act of winning a point spread bet. Edge: The advantage a bettor has before placing a wager. Favorite: The team or player that is expected to win a game or match. First Half Bet: A bet placed only on the first half of the game.

Handicapper: A person who studies, researches, and wagers on sporting events. Hook: A half-point in the spread. In-Play: Bets made after a game has started. Moneyline: A bet made if a team will win or lose outright with no point spread.

Odds: The likelihood of the outcome occurring. There is no spread. Round Robin: A series of three or more teams in 2-team parlays. Runner: A person who places bets for another person. Sharp: A very successful professional sports bettor. Known for winning. Sides: The names of the two teams playing. The underdog and the favorite. Square: A beginner sports bettor. Taking the Points: Betting an underdog against the spread. Taking the Price: Betting the underdog and accepting money odds.

Underdog: The team or player not expected to win the game or match. Units: A standard monetary measurement of how much you typically bet. Wiseguy: A well-informed handicapper.

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