Learn The Bet Online Guides in Asia
Check out the 3rd part of our list of sports betting jargon and slang terms and have a better grasp on punter talk.

N


NICKEL - $500

O


Odds – A sportsbook's view of the winning chance of a competitor, it is adjusted to include a profit.

Oddsmaker/Odds Compiler - The person or group that establishes the line, spread, or betting odds

Odds On Favourite - A team or individual so favoured by the public that the odds are less than even.

Odds-on - An Odds-on bet has a Minus sign in front and is worked out in reverse. It is the amount you wager to win $100.

OTB or Off the Board - A game or event on which the online sportsbook will not accept action on. OTB is usually due to the uncertainty of the status of a player or inclement weather

Outsiders – Non favorites and are not expected to win. Usually offered at lengthy odds.

Over/Under - A bet on whether the total points or goals scored by the two teams will be over or under a specified number.

Overplay - An advantage for the bettor in which the price on a given wager is greater than the real probability of its success.

P



Parlay - A multiple bet. Making simultaneous selections on two or more games with the intent of pressing the winnings of the first win on the bet of the following game selected, and so on. Selection must all win for the bettor to win.

Past Post - To place a wager after an event has started

PK or Pick - Evenly matched teams or a game with no favourite.

Pointspread -The online betting line or handicap.

Price – Odds.

Proposition Bet - A wager on a particular aspect of the game such as how many field goals will be made.

Puppy-Underdog

Push-Tie on wager. If the result of a game lands exactly on the pointspread or if the exact score of the game matches exactly the sportsbook's posted game total.

Punter - Bettor.

R



Return - Your total winnings on a bet.

Round Robin - A single ticket comprised of more than one parlay. A bet consisting of 10 bets involving three selections in different events.
By pokerbuddy On 8:01 PM | Categorized As , , | With 0 comments
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By pokerbuddy On 9:47 PM | Categorized As , , , | With 0 comments
Betting odds are very important for all online sports betting fanatics. These are like previews of how a particular match might turn out. Thus, these become the bases of how wagering should be. Practically, betting odds can be seen as a gauge to a team’s performance, if a team A is given lower odds compared to team B, Team A is expected to perform well and be a tough task for their adversary.

In every competition, there will always be a minimum of two parties on the warfare to get a win. In sports betting odds, these two parties are labelled the favourite and the underdog. Notice how the opposing teams are given numerical equivalence. Normally, the team with the smaller amount is the favourite while the underdogs are given a relatively higher amount; just to keep things interesting and exciting and just to make sure that the game is worth watching.

Betting odds can also be a way for a bettor to manage his or her money gain or loss. Betting odds dictate not only the possible winner or loser in a match, but also how one can increase or how big one can lose in a particular wagering.

One of the most popular betting types is the Asian Handicap. In this kind of betting market, the odds remain close for both teams as players are given a level playing field due to the ‘+’ or ‘-‘ given to the players. Online bookmakers give a plus or a minus on a team depending on their market. Online Bookmakers give a ‘+’ for the Underdogs and a ‘-‘ for the Favourites. In this way, the odds add excitement to the game making it interesting for the players to bet on and watch.

As a rule, the better a team fares, say in a football league, the higher the chance it will win in a match. And so, it maybe considered safe to place a bet on that particular team. However, there will surely be other factors that might affect a team’s play—typically, there’s the weather, of the presence of the best player, the coach’s strategy, or even the team’s schedule—so the past records of that team cannot really be a gauge for a team’s success. In that case, mostly if there is a really low differential between the favourite and the underdog, we have an action packed match up where nothing is certain and anyone has the opportunity to win.

To find a sports-betting site that contains the most accurate betting odds, looking at reviews and listings might be the best way. Reviews give up-to-date accounts of different matches in different sport matches. Listings contain records of different team statistics and current wins and losses. Checking out for these can help verify if the odds posted on a particular bookmaker is true or not. Moreover, one way is to compare one sportsbook’s betting odds to another. Doing this can help one follow a trend or notice a similarity that can validate those odds.
By pokerbuddy On 9:42 PM | Categorized As , , , , , , , , | With 0 comments
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