If you’re a newbie to sports betting, there are certain terms you’ll find confusing. Expand your sports lingo knowledge by mastering these 5 wagering terms.
This term is also interchangeable with “live betting.” In-play betting is when you bet on a game that’s actually taking place at that moment. Instead of betting on a game before it starts, you place your bet as the game unfolds.
“Future” means that you place a bet before the game begins. Sometimes the future is months or even years; sometimes it can be days.
For example, at the beginning of football season, you could place a bet on which two teams you think are going to the Super Bowl. At the end of the season, if your teams were selected, then you win your money.
Moneyline is a bet where you just have to pick the right team to win. The amount of the payout will also depend on the odds. The odds could look something like this: Dolphins -150. This means that you will have to bet $150, but you will win $100.
If there was a plus sign in front of that number, you would win $150 for placing a $100 bet. This is why it’s important to know what the moneyline is before you place a bet. If you want to earn more money for gambling, slots online win real money, too.
4. Over/Under (Total)
The over/under is the bet that is based on a number of points scored between the two teams that are playing. To better understand this, let’s look at an example.
If the New York Giants are playing the Dallas Cowboys, the Over/Under may be 45. This is the total number of points that you think the players will have combined. So if you bet under for 45, you would lose if the score was 30 and 27 because that total is 57. If you bet over for 45, and the combination of the scores was under that, you would lose that as well.
5. Point Spread
Finally, the point spread is the margin of victory between the two competing teams.
For example, if a team is favored by 3 points, the favored team must win by 4 points for you to win money. If the team wins by under 3 points, then you lose that bet.
Learning sports lingo is important, but another important aspect is making sure that you know the sport and the teams that you are betting against. If you don’t know the stats of the teams and the sports that you’re playing against, then you may end up losing more money than you win. To make sure that you have the latest info on all of the sports and teams, make sure you check out some of our blog posts!