Sports Betting Terms

Below is a list of common sports betting terms. Numerous synonyms exist for many terms, as many countries use their own terms. Here we focus on terms used in Australia. Popular synonyms are given in 토토사이트.

The basics

• Sports betting - a form gambling that entails placing a wager on the outcome of a sporting event. The primary intent is to win additional money.
• Bookmaker - a company that offers betting odds and is licensed to accept wagers.
• Betting exchange - a service that provides a marketplace in which odds are set. 
• Back - bet that an outcome will occur. For example, if you bet on Arsenal to beat Chelsea, you are backing Arsenal.
• Lay - bet that an outcome will not occur. For this reason with a lay bet you are essentially playing the role of the bookmaker. 

Bet categories

• Single bet – a bet on a single outcome within a particular event or tournament. Examples include a bet on the Warriors to win the NRL Premiership, a bet on Federer to beat Nadal, and a bet on Dan Carter to score the first try in a rugby game.
• Multi bet – a bet that includes simultaneous selections on two or more outcomes for two or more events. If a least one of the outcomes does not occur then the bet automatically loses. The multi bet odds equal the product of the individual selection odds. Multi betting is discussed in detail later in the guide.
• Fixed odds bet – a form of wagering where the punter knows the exact odds he/she will receive when they place a bet. The odds are fixed once the wager has been placed.
• Tote betting – a form of wagering in which all bets of a particular type are placed together in a pool. The “house-take” is removed, and the payoff odds are calculated by sharing the pool amongst all winning bets. In Australia it is known as the Tote after the totalisator which calculates and displays bets already placed. With the Tote the bookmaker displays the approximate odds that they believe you will receive. This approximation is based on the quantities of bets received to that point.

Popular bet types

• soccer fixtures. The bet wins if your selected team wins or draws the game. Note that this term is distinct from a half ball Asian handicap where one team is given a 0.5 goal head start. In this case a draw would result in a win for the (+0.5) handicap wagers and a loss for the (-0.5) handicap wagers.
• Head to head bet (1X2)- a bet on the winner of a fixture between two opponents. Where a draw is possible (football, rugby, AFL, etc.) there are three options: team A to win, team B to win, or a draw. Where a draw is not possible (tennis, baseball, basketball, etc.) there are only two possible outcomes. This bet could apply to a specific period of the game (e.g. first half in rugby, 3rd quarter in basketball) or to the full-time result.
• Line bet (handicap bet) – a bet where the the underdog is given a points head start to create an even bet. Line bets are typically designed to give each team a 50% chance of winning. For example in a game between the Blues and Stormers, the line odds could be: Blues (-6.5), Stormers (+6.5) with each team having odds of 1.92. This bet could apply to a specific period of the game (e.g. first half in rugby, 3rd quarter in basketball) or to the full-time result.
• Margin bet – a bet on the amount of points (or goals) that one competitor finishes an event in front of another competitor. For a rugby game between the Blues and Stormers, a margin bet could be on the Blues to win by between 1 and 12 points. This bet could apply to a specific period of the game (e.g. first half in rugby, 3rd quarter in basketball) or to the full-time result.
• Over/under – a wager on how many goals/tries/points there will be in the fixture. This combines the tallies of both sides. If a football game ends 3-1, the total is 4. If the over/under bet was 3.5, then the “over” wagers win and the “under” wagers lose.
• Spread betting – a type of high risk betting where the payoff/loss is proportional to the accuracy of the wager. This contrasts with standard bets that either result in a loss of your wager or a payout based on the wager odds. The spread is a range of outcomes, and the bet is whether the outcome will be above or below this spread. To learn more, see the section on spread betting.

Sportsbook Rules

Betting on sports can be intimidating. Thanks to our helpful guides, you already know where to bet and how to read and understand the lines and odds of your sportsbook. But before diving into the world of sports betting, make sure you know the rules to follow in your sportsbook. We have been betting on sports since the early 2000s and know the details of important betting methods.

This article outlines all the important information you need to know before betting on your chosen sportsbook. The last thing you want in the world is not to follow the easy rules and miss your prize!

Read on to learn more about when bets are official, the procedural policies that most sportsbooks follow, and the standard terms and conditions for betting.

These rules and policies are uncomplicated.

Sportsbooks are legitimate businesses and they must follow certain rules to succeed in the marketplace. These fair rules are ultimately designed to keep customers happy.

Specific rules vary from sportsbook to sportsbook. That's why we've compiled a list of rules that apply to the sportsbook you're betting on.

Odd and Line

1. All prices and their respective odds are subject to change.

Sportsbooks make mistakes because there are too many lines for too many different events. It's easy to forget, but the regular bookmakers behind sports betting sites are human after all. All bets will be void and considered "No Action" bets if there is an apparent error in the posted line, scheduled time or maximum bet. All money is credited accordingly. Bettors who mistakenly place bets on a one-sided line get their money back.

2. Matches must be played on the scheduled date.

Sportsbooks base their available odds on a specific set of factors. If a match is postponed or rescheduled for any reason, the sportsbook must recalculate the odds. This is because the circumstances that determine victory or defeat are highly likely to change.

3. All bets must be placed and accepted before the start of the game or event being bet on.

Bets placed or received after the start of the game or event will be considered void. This rule is relatively self-explanatory. If a bet somehow passes after the game has started, the bet is void. Sportsbooks aspires to create a fair playing field for all.

4. You are generally restricted from betting on both the moneyline and the point spread of certain games, either individually or within the same parlay.

Multiple bets are not accepted if the outcome of one part of the bet contributes to the outcome of the other part. This is called correlated play. If sportsbooks allow this, exposure to one event will be more important than desired.

5. Generally, you cannot bet on the point spread and total of the same event.

See description above. Betting on related events is absolutely forbidden in the world of 안전놀이터.

6. The result of a 메이저사이트 game is usually officially decided after 5 innings.

Sometimes the home team leads the game by 4½ innings. If the game is subsequently interrupted or abandoned, the winner will be determined based on the scores listed after the last full inning. NFL, NHL, and NBA games are unique in that they are not interrupted early except in emergencies. In the rare fact that an NFL, NHL or NBA game is incomplete or canceled prematurely, the result is likely a "push".

7. In general, when betting on a “next” event, all bets on that index will not be executed at the end of the game.

If you place a bet on the “next” event that will happen and the game is over, no bets will be placed. You will get your money back and your bet is treated as a “push”.

8. If the bet odds change significantly between the time the bet is placed and the time the bet is confirmed, the sportsbook will reject the bet.

If this happens, you will be prompted to double-check your bets for the updated odds. The principle behind this is the same as mentioned above with regards to sportsbooks that seek to provide equal opportunity for all bettors. Sportsbooks don't want people to take advantage of technical loopholes. This rule only applies to live betting.

Terms of Use

1. All customers must be 18 years of age or older.

This is a legal requirement for all sportsbooks.

2. Bets can be placed as soon as funds are successfully deposited into the member's account.

As soon as the sportsbook confirms your funds, you are ready to start betting!

3. Third party deposits are heavily prohibited.

This is self-explanatory. Sportsbooks does this to protect itself from fraud or potential legal action by third parties. If you deposit, you must do so with funds that belong to you.

4. Confirmation/settlement before withdrawal.

In almost all cases, you will need to verify your identity before withdrawing funds from your sportsbook. Sportsbooks do this to ensure that money goes to the right people and protects itself from fraudulent activity.

5. All accounts are private and confidential.

Sportsbooks does not share information about you or your records with third parties.

6. Sportsbooks reserves the right to accept, limit or reject any wager.

Sportsbook reserves the right to block betting-related activity if we suspect you are involved in fraudulent activity.

7. Sportsbooks reserves the right to limit maximum bets before agreeing to accept bets.

Sportsbooks do this to mitigate risk. The last thing they want is to not be able to place too many bets at once and pay the winner.

8. You may not bet more than what is in your account.

This is sports betting, not the stock market. You cannot bet on margin!

9. Confirmed bets cannot be cancelled.

Once a bet is placed, it cannot be withdrawn! For this reason, you should always be 100% sure of what you are betting on. However, the sportsbook allows you to act as a hedge by betting on the other side of the event.

10. There is a maximum amount that can be won in certain bets. Sportsbooks have limits.

In our experience, sportsbooks allow up to $100,000 USD or equivalent in one event. This applies to all bets including parlays and teasers.

11. It is your responsibility to report your transactions to the appropriate tax jurisdiction.

Your sportsbook will help you a lot, but you won't pay taxes. Sportsbooks serve a global audience, so pay the necessary attention to the legal rules and regulations of your country.

12. 스포츠토토 is not responsible for customers who leak their password and account number to others.

Keep your account safe! Please enable two-factor authentication and keep your passwords and information in a safe place. After all, it's real money in your account.

13. Only one account is allowed per person, multiple accounts will be void.

It's a familiar chorus now, but sportsbooks do this to protect themselves from scams. They want to reduce their exposure to unfair bets so they can keep paying customers who follow the rules.

How to avoid getting kicked out of your sportsbook

Sports betting is an emotional entertainment that combines the passion of sports fans with the thrill of betting. The tension on the sportsbook can be a bit high when the game has a room full of sports fans with money.

If things don't work out, you could be kicked out of your favorite sportsbook and banned. Most bettors behave politely, but to help avoid premature exits, we've compiled a do's and don'ts list in our sportsbook!

1. Do not beg, borrow or steal.

If you see yourself borrowing or asking other bettors to fund your bets, you may find yourself on the other side. It's not a good place to gamble if you just want to borrow from a friend.

Don't have the funds to cover your sports betting? It's time to say one day. The first rule of any sports betting strategy is proper money management and the second is not to chase losses. Sit back and enjoy the game, soaking up the atmosphere of the sportsbook.

Of course, it goes without saying that 'theft is prohibited'. This is absolutely forbidden and is an automatic lifetime ban and may result in arrest. It's not worth it.

2. Drink responsibly when betting

Free drinks at Las Vegas 토토사이트 are slowly becoming a thing of the past, but some sportsbooks allow you to receive a single 'free drink' after you pay at least $100. Of course, most sportsbooks include a well-stocked bar where sports-hungry bettors can purchase as many alcoholic beverages as they want.

It's easy to get carried away while enjoying the game (and a few drinks). In other words, it is forbidden to drink and engage in disorderly behavior in public places. Betting while drunk is never a good idea, but it is one of the most common mistakes casual sports bettors make. It can cloud your better judgment and make you lose a lot of money easily.

Keep your wits about you so you can follow the games and bets. If you've been drinking too much, go home (or hotel) and go to sleep or have a good meal. with water! Sportsbook security staff are accustomed to bad behavior and can remove you, cab you and ban you forever.

3. Don't Get Physical

We all know that emotions can be heightened during sporting events. Especially when there is a lot of money at stake. There is no excuse for being aggressive. Keep your cool and get your hands on yourself. Otherwise, you will be kicked out. Worse, you may face criminal charges.

4. Don't be rude to the kiosk staff

This applies to all members of the 메이저토토 staff for that matter. There is no cost to manners, but rudeness can cost you access to your beloved sportsbook. While ticketers, bar staff and hosts exist to provide an enjoyable betting experience, that doesn't mean they get paid to put up with the nonsense. Be a decent human being and everyone will be happy!

5. Don't use the wrong line

Line shopping in sportsbooks is not a common option. However, you will often find faulty lines that give you much better odds than usual. Because there are many sporting events every day, mistakes can happen on the line.

This unwritten rule applies to almost any sportsbook you visit. If you find a wrong line, bet on that line and the sportsbook will usually respect that ticket. However, fair play works in two ways. If you find an error but choose to place multiple bets, the sportsbook reserves the right to escort you out of the building.

6. Keep your trash talk to a minimum

A little joke with the fans of the opposing team can be a bit of harmless fun, but there is a line and it should be respected. No one likes an idiot, and if your words offend you, you will be sent off immediately.

7. Do not sit in a reserved seat

Many sportsbooks have areas, booths and seats that can be reserved by regular customers or VIP members. They are plush, very comfortable and may be the best seats in the house, but with a reserved sign they are out of range.

안전놀이터 keep a list of reservations, so don't be tempted to remove the 'reserved' sign and sit there anyway. If you are caught doing so, you risk being asked to leave.

7 documentaries about sports

If you're taking a break from sports betting, why not tackle it with a rough documentary? Here are 7 of the best sports betting documentaries to get an inside look at how the world of sports betting works and have fun.

This movie gives you a great understanding of betting strategies, but you can also learn a lot about what not to do. Here are some of our favorite sports betting documentaries.

Some of these can be a bit hard to find, so we've included links to watch them as well. If you're looking for light entertainment, don't miss our 5 best movies about sports betting.

1. Fantasy sports betting by the forefront

Frontline, a PBS research series, partnered with the New York Times to explore the underworld of online sports betting. The series specifically focused on the rise of 사설토토.

Aired in February 2016, an hour-long episode details how loopholes in the 2006 Illegal Internet Gambling Enforcement Act actually allowed fantasy sports betting to become a multi-billion dollar industry. Featuring in-depth interviews with prosecutors, regulators and gamblers, Fantasy Sports Gambling focuses on the dark side of fantasy sports betting.

How to watch: Full documentary available on YouTube

2. 30/30: Greek Jimmy Legend

This 2009 documentary examines the exciting life of legendary sports commentator and Las Vegas bookmaker James George Snyder Sr. (aka Jimmy Greek).

Jimmy was famous for predicting the outcome of NFL matches for 12 years on the NFL Today program, but was also known for his gambling pranks at a time when sports betting was taboo.

Part of the ESPN 30 for 30 series, this documentary features commentary from sportscaster Brent Musburger and Irv Cross and NFL Today's Phyllis George.

How to watch: Available on Amazon

3. Life on the Line

Life on the Line was launched in 2013 and offers some of the most legendary names in sports betting. Expert Vegas bettors Teddy Covers and Erin Rynning lend their expertise. Hilton/Las Vegas Hotel odds adjuster Jay Kornegay and renowned local sports radio talk show hosts Brian Blessing and Ken Thompson also appeared (to name a few!).

The 52-minute documentary offers unprecedented access to the normally closed 'SuperBook' world of Las Vegas hotels ahead of the Super Bowl, the biggest betting event of the year.

How to watch: Amazon Prime

4. Bet Now: A History of Sports Betting in the USA

This 2017 documentary takes a closer look at the rise of legal 메이저놀이터 in Las Vegas and how it has become today's multi-billion dollar industry. Through in-depth interviews and personal accounts, Now Place Your Bets provides information about the past, present and future of betting in Vegas.

It features a number of sports betting experts and experts from all sectors of the industry. It features a wealth of insightful interviews with odds makers, bookmakers, professional gamblers, sports journalists and more. If you want to take an in-depth look into the lives of professional gamblers, their motives and obsessions, this is it for you.

How to watch: Available on FilmFreeway.com

5. Its Best

The Best of It explores the lives of professional gamblers Alan "Boston" Dvorkis, Alan "Dink" Denkenson, Lem Banker and Ken "The Shrink" Weitzner.

Released in 2016, the Scott Pearson Eberly documentary focuses on the 2010 NCAA basketball tournament and follows the betting highs and lows of these four pros during the madness of March.

This documentary provides an honest insight into the life of an unpredictable and unforgiving pro bettor, even for the most seasoned 토토사이트. In fact, Weitzner committed suicide with his wife Jackie just weeks after the film interview after suffering heavy losses during the March Madness.

How to watch: Available on YouTube Movies

6. 60 Minute Sports Betting: Billy Walters

Considered one of the most successful gamblers Las Vegas has ever seen, Billy Walters has been described as "the 'godfather' of Vegas sports betting." This 2011 interview with Lara Logan of 60 Minutes provides a rare insight into the infamous private man.

According to the story, he never lost a year betting on sports (Walters made $1 million in one round of golf and £3.5 million in Super Bowl betting) You can learn a thing or two from this guy!

How to watch: Available via CBS All Access

7. Gambling Mafia and International Sports Betting

Soccer is one of the most popular sports worldwide and has a huge betting fan base, making it the most betted sport in the world. The annual international estimate is around 200 billion euros.

This documentary shows how matches are fixed and players, goalkeepers, referees and coaches take bribes. It offers interesting insights into how the gambling mafia and organized crime syndicates in Asia, Europe and America are manipulating and infiltrating football at all levels, from youth leagues to Champions Leagues, and earning millions in the process.

How to watch: Free on YouTube

How to find the best places to bet on sports

What regions does my sports betting site serve?

Always choose the right sportsbook for your country of residence. Find a sportsbook operating base and obtain licenses in various locations around the world. Each of these license areas has a different set of rules and regulations regarding the countries in which services may be requested.

Some European books only serve European bettors, while others allow 안전놀이터. Similarly, there are sports betting sites that are only available to North American bettors.

It's also important to note that if you live in North America, choosing North American books will generally allow for a faster betting experience as they are physically closer to the sportsbook servers.

If you're wondering how to find the best sports betting site for international customers, don't worry! Each review provides this information.

토토사이트 does not accept initial deposits unless you live in an approved area.

Is my sportsbook legal and licensed?

Under no circumstances should you ever place a single bet on an unlicensed sportsbook. Without a legitimate license, the sportsbook is not given to anyone. This means they can take your funds while keeping your deposits and winnings! Each sports betting site we review is fully licensed and legal.

We update our reviews regularly to ensure that our sportsbook continues to operate under the purview of regulators. Before placing a bet, always look for a section of the website that indicates where it is licensed.

How old is my sportsbook? Do you guarantee solvency?

The longer you have your sportsbook, the safer your funds will be. Every sportsbook we recommend has a proven history of financial solvency. They are trusted actors and their continued presence is proof of their solvency. If you can't pay, you simply won't do business anymore.

We recommend sticking with one of the reviewed sportsbooks that have a record of successfully repaying bettors.

When a sportsbook is a new book, there are always unanswered questions. Throughout the history of online sports betting, there have been many insecure and unreliable sportsbooks where unsuspecting customers have profited from their hard-earned cash. Without a history of managing their money, there is no guarantee that a sportsbook will be safe or solvent.

For this reason, we recommend sticking with one of the reviewed sportsbooks that have a record of successfully repaying bettors. Check out our recommendations for the most popular sports in the links below.

How can I deposit and withdraw money from my sportsbook?

Sportsbooks offers its customers a variety of deposit methods, so choose the method that allows you to deposit the way you want.

● Courier check? We have a sportsbook to meet your needs.

● Credit card? Every sportsbook we review covers you.

Also, each sports betting site has a minimum deposit and a maximum deposit. Some charge a small fee for deposits, others do not. It is important to get this information before choosing a sportsbook to avoid surprises.

For withdrawals, there are minimum and maximum withdrawals and various fees depending on the method you choose.

Our review will provide facts about both deposits and withdrawals.

What types of bets can I place?

Each sportsbook offers different lines and different types of bets, so knowing what type of bet you want to place is an essential part of choosing a sportsbook.

If you plan to only bet on major North American sports, we can help. All sportsbooks we recommend accept a wide range of betting options for this league.