| Money Line |
A money line bet is simply a bet on a team to win their match outright (with no handicap applied). If you were betting on English Premier League football this kind of bet would be called the 'match result' or 'match winner.' But for US sports the bookies often refer to this as the 'money line.' All it means is that we are backing a team to win outright with no handicap involved. Teams’ prices on the money line are easy to find – they are usuall ..
More
... |
|
| Stake |
The stake is the cash amount that you place on a particular bet. Mr X will advise stakes on all tips, but you should never stake more than you can afford to lose. Mr X uses a Points system for stakes that goes from 1 to 10 points (with 10 being the highest). For example, if you were betting at £10 per point: if Mr X recommended a 1 point bet, your stake would be £10. See the Points section on the Betting Term Explained page for more on the ..
More
... |
|
| Bank |
Your 'bank' is the total amount that you are prepared to spend on betting. It is advisable that you set this figure to an affordable amount. Your bank can then be divided in to individual stakes to place on specific bets. ..
More
... |
|
| Points |
Mr X uses a points system as a guide to the size of stake that he recommends placing on a bet. A single 'point' can be worth as much or as little as you want to bet - this could be £1 per point, £10 per point or £100 per point, and so on. Mr X's tips will always recommend a stake between one and ten points, with the majority being one or two point bets. For example, if you decided to stake £10 per point, and Mr X advised a two point bet, your s ..
More
... |
|
| Handicaps |
Match Handicaps are one of the most popular types of bet on US sports - including American Football, Baseball, Basketball and Ice Hockey. Bookies will award teams an imaginary Handicap (plus or minus) to even up the chances of two teams winning the bet - then set roughly the same odds for each outcome. The number of points awarded will depend on the bookmakers' rating of the team. The favourite to win will receive a 'minus' handicap to overcom ..
More
... |
|
| Market |
A market refers to an event or outcome that bookies offer to bet on. So, if for an Atlanta Falcons v Green Bay Packers match, bets were available on the Match Result and Most Yards Run, there would be said to be two betting markets for that match. ..
More
... |
|
| Fractional Odds |
Bookmakers traditionally use fractional odds to illustrate their opinion of the likeliness of an outcome occurring. For example, if a bookmaker gives odds of 3/1 about Miami Dolphins to finish top of the AFC East division, they are effectively saying that if the tournament was played under exactly the same conditions, three times, Miami would only be likely to finish top on one occasion. If Miami were to finish top, a bettor would win 3 x their ..
More
... |
|
| Decimal Odds |
To calculate the potential winnings for a bet, the fractional odds are converted to decimal figures. Bookies will give both fractional and decimal odds, and on all bookies' websites there should be an option on the screen to switch between the two. With fractional odds, a winning bet is worked out as the fraction multiplied by the stake, and then the original stake is returned on top of this. Decimal odds, however, include the stake return wi ..
More
... |
|
| Fixed Odds |
Fixed odds is the simplest and most common form of betting. The odds are 'fixed' because at the time of placing your bet the potential amount that can be won or lost is decided, according to the odds that you accept for that bet. For example, let's say you want to place a stake of £10 on Chicago Bears to beat Detroit Lions at odds of 2/1. There are only 2 outcomes for this bet… *If Chicago lose the match - you lose your £10 stake. *If Chicago ..
More
... |
|
| Single |
A Single is a bet on one result or outcome, and is the most common type of bet. ..
More
... |
|
