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May 18, 2023 · A style of expressing money odds most commonly used in the US. Odds are expressed with a number preceded by a minus sign (favorite) or a plus sign (underdog). The numbers tell you how much you will win relative to how much you bet. Odds of -150, for example, mean you must wager $150 to win $100 in profit.
- Richard Janvrin
- Sports Betting Analyst
- richard.janvrin@wsn.com
- Action- Placing a wager on a game.
- Bad Beat- An unexpected event or events that cause a bet to lose after showing a high probability of winning. Example: Duquesne (+5) are tied 67-67 at Penn State with 5 seconds left.
- Book- A website or sportsbook with whom you place your wagers.
- Bookie- A person who accepts bets illegally either over the phone or through a website and charges vig.
Nov 15, 2022 · American odds: this sports betting term is also known as US odds or moneyline odds, and it is defined as the default betting odds used by American bookies. These odds use a baseline value of $100. Odds are represented with the (+) and (-) signs that indicate either the favorite or the underdog.
Sep 9, 2024 · In sports betting, a bad beat is when a bettor loses a wager they were seemingly on the verge of winning. What constitutes a bad beat can be debated. Bet Slip: An area that contains a bettor’s ...
- Mo Egger
Feb 20, 2024 · Bankroll: The amount of money you have for betting. Buying points: Paying an extra fee to move the point spread in your favor. Perfect for getting better odds in sports like basketball. Cover: To cover the spread means that your chosen team wins by more points than the spread, thereby “covering” it.
Jul 9, 2024 · For example, let’s say the Miami Heat are facing the Philadelphia 76ers. If the Heat moneyline odds are 2.75 at BetMGM Sportsbook, that means if you bet $1 on Miami, you get back $2.75 if they ...
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It refers to a bet on a single horse to win, and all the other horses are grouped together as “the field.”. If the bettor’s chosen horse wins, or any horse in “the field” wins, the bettor gets a return. For example, if there are ten horses in a race, a bettor might place a bet on Horse A “with the field.”.
