Sports Betting Lingo 101

It was a regular part of our lives whether we like it or not. It is legal in all countries. What we don't know, however, is that many people still have questions about betting. Simply placing a bet can be a confusing affair -- sports books have their own lingo, and the systems vary. Figuring out how to bet well enough to make some money is another matter entirely. How are the odds calculated? Who sets the line? How much time must you win to break even? This article will help you to understand the terminology of betting and odds-making. It will also show you how this one of my favorite pastimes can make you a lot of cash if you're a good gambler.  result sgp These are the most common terms in Sports that you need to know.

Action - Simply betting is what it is. This term is the source of phrases like "I want to be part of the action" and "Show me the action". Because betting on sports is illegal in many countries, it's not possible to always find the local bookie by phone.

Handicap – In sports betting, "to handicap" means to give one team an advantage to level the playing field.

A sportsbook is a place that accepts bets. Also known as a book, or sports betting website. A bookie is someone who places bets.

The percentage of all the bets that the bookie takes as profit is called the juice. The juice, also called the vig (short for vigorish), is also known. Bookies may take a percentage of the handle at times, but more often the odds include the vig.
Handle - This is the amount of money that was wagered on betting. Super Bowl betting is the most lucrative bet of the year.

The spread - The point spread is used in high-scoring sports like football and basketball. It is basically a handicap used to make all games competitive in the eyes of bettors. The spread gives one team an advantage of a few points. The standard notation for the spread shows the favored team as the first, then a negative number (the actual spread). Capital letters are used to indicate the home team.

If you do it right, sports betting can be very lucrative. You only need to continue learning about sports betting and reading sports betting materials. More knowledge about it can mean more winnings to you, so good luck and bet on!