As the name suggests, “exotic” wagers are fancier and more complicated. This means they’re harder to win, but they also pay more than straight bets. That said, several terms relate to informative post different kinds of straight bets that can increase your odds of winning a little money. You can also bet on events like the number of sacks, field goals, which team scores first and last, etc. different books offer a varying amount of props. New to sports betting or looking to brush up on the verbiage heading into the season?

Off Track Betting

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More Useful Betting Guides

The horse judged to be the best looking in the paddock. This is often awarded by sponsors of the race rather than experts. The shortest of the odds not mentioned in a betting summary or forecast. A weight allowance is given when horses of a certain age race against older horses or when an apprentice rider is on board. We reserve the right to revoke and/or cancel any bonuses and winnings that We regard may have been redeemed by misuse of the system. When a bonus is revoked then your Bonus Balance will be set to 0 and there will be no future liability on your part in respect of the revoked Bonus.

Betting Terminology A

The ratio of your chip stack to the total amount of all blinds and antes for one hand. 2) In the world of poker strategy, to level someone means to outthink or outwit them. The higher level you’re thinking and playing at, the better you are at the game. To hit any cards which make your hand stronger than it was.

Point advantage given to a particular team, to make betting more attractive. A participant who has registered to run in a race, but eventually does not do so. Betting during the game with odds varying and changing, as the game progresses.

Under – When it comes to sports betting a under is a wager in which the bettor guesses that the total points scored by two teams will be under a certain figure. Straight bet – In sports betting this is a wager on just one team or horse. Layoff – sports betting term for money bet by a house with another bookmaker to reduce its liability.

Double Bet

A Craps term used to indicate that you are betting on your next roll being a 2. Betting on the underdog to cover a Point Spread by receiving Points against the spread. A Point Spread for baseball listed with a line of 1.5 runs either side and the associated odds between the favourite and the underdog.