This usually happens due to late injury news or uncertainty.ĭime: Seasoned sports bettors use slang to reference the amount of money they are placing on a game. Off the board: When a game gets taken down and is no longer available for wagering, it is referred to as off the board. Some bettors like to "chase the steam," which means betting on the side that is moving dramatically, even though the odds have worsened.Ĭircle game: Sportsbooks will occasionally lower the betting limits on a game due to questionable injury issues or weather that would drastically adjust the odds.Īction: Some bettors refer to their money wagered as action on a game, while sportsbooks also use the term when the listed starting pitchers need to start in order for the bet to have action. Steam: Betting lines will sometimes start shifting very fast, which can be the result of a large group of bettors placing their wagers at the same time. The term "handicapping" is used when bettors are figuring out which side of the game they want to wager on. Handicapper: Someone who studies multiple factors such as statistics, weather or trends can be considered a handicapper. Contrarians tend to wager on underdogs that the public wants no part of. Money management refers to bet size, amount risked, etc.Ĭontrarian: A contrarian bet flies in the face of public sentiment, as it is a bet that is going against the popular side of a wager. Money management: Some bettors like to figure out a money management system early in their sports betting career, as this system gives them a set of rules to follow when placing bets. Sportsbooks occasionally allow you to wager on the field to beat an individual team or player if there is a heavy favorite. The hold is usually higher with futures bets than it is with individual games, so it can be harder to profit in the futures market.įield: Futures odds often have a large field, or the total number of players or teams listed as betting options. Hold: This is the amount of money that the sportsbook keeps after paying out winning bets. These are important to be aware of before placing an in-person wager. Rotation number: Sportsbooks assign identification numbers to betting options, which is what bettors use to place bets at the counter. A tennis player that is -140 to win the tournament would be an example of this term. Odds-on favorite: If the favorite is priced higher than even money (+100), they are referred to as the odds-on favorite. The common scoring increments are 3, 6 and 7, so point spreads are generally set around those key numbers. Key numbers: Some sports have key numbers that are important to look for, especially football. If you go to a sportsbook and bet a "nickel," you are generally putting $500 on the line. The point spread is zero, so the winner of the game is also the winner against the spread. Pick'em: Sportsbooks sometimes choose to make a game a pick'em, which means there is no favorite or underdog. Caesars Rewards members get exclusive member rates at over 50 destinations, with the ability to pile up even more points for playing, dining, staying, shopping and more. It's one of the most generous casino loyalty clubs on the market and extends well past just getting free bets and online rewards. One of the advantages of betting with Caesars Sportsbook is that you can earn even more with Caesars Rewards. Caesars will give you a single bet credit you can use within 14 days. If you are a new registrant who is 21+ and located in an eligible state (AZ, CO, IA, IL, IN, LA, MI, NJ, NY, OH, TN, VA, and WV)*, you can register, deposit, and get your first bet on Caesars up to $1,250 with the code GAMEFULLC. Caesars is one of the most trusted names in entertainment and gaming, and a new Caesars Sportsbook promo code can get you into the action right now. There are basic sports book terms to learn before opening a mobile sports betting account at Caesars Sportsbook. There is a sports betting guide below to give you assistance when you place your first wager at some of the top USA sportsbooks like Caesars Sportsbook. However, a simple sports betting dictionary can relieve stress and help bettors save their sweating for the bets themselves. New sports bettors often struggle to understand some of the important sports betting terms, which can make it difficult to enjoy the process of betting on sports. Every industry has its own unique language, and sports betting terminology is certainly no exception.
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