Make Dreams Come True When Playing Sportsbook – In playing online sportsbook betting games, of course, you as a member expect to be able to win.
We’ve all heard of people betting on the underdog team in the Superbowl and walking away with thousands of dollars, or the friend of a friend who knows a guy who could hook you up with a Filipino cock fight next weekend.
If you’re a sports fan, it’s a pretty safe assumption to say that you know that agen bola888 betting, both legal and illegal, occurs in almost every professional game and many college games.
Just placing a bet can be a confusing affair – sportsbooks have their own language, and systems vary. Figuring out how to bet well enough to make money is another matter entirely. How are odds determined? Who sets the limits? What percentage of time do you need to win to break even?
In this article, I’m going to familiarize you with terms in the world of betting and odds making and show you how one of the world’s favorite pastimes can make a lot of money when you know what you’re doing.
Sports Betting Basics
Different sports have different systems for making odds and bets. There are even different systems for the same sport, depending on the type of game the bettor wants to play. But to understand any of these systems, you must first understand the jargon.
Action – Action is just a betting activity. Phrases like “I want to join the action” or “Show me where the action is” are derived from this term. Since betting on sports is illegal in many places, you can’t always find your local bookie in the phone book.
Handicap – In sports betting, “to be a handicap” is to give one team a point advantage to level the betting field.
Sportsbook – An establishment that accepts bets, also known as a book. An individual who takes a bet is a bookie.
Juice – This is the percentage of all bets taken by the bookie as profit. This juice is also known as vig, short for vigorish. Sometimes the bookies take a direct percentage of the hand, but more often the vig is included in the odds
Handle – The handle is the total amount of money wagered on the bet. Super Bowl betting produced the biggest hold of the year for most bookies.
Spread – The point spread is used in high-scoring sports such as football and basketball. This is basically a handicap that is used to make all games competitive in the eyes of the bettors. The scatter gives one team an advantage by several points. The standard notation for a point spread shows the favorite team first, followed by a negative number (the true spread). The home team is shown in capital letters.