GLOSSARY
BTTS
An abbreviation for “both teams to score”. A betting market that relates to the result of whether both teams will score at least once during a match.
Cash out
A feature that allows players to settle a bet before an event has ended.
Clean sheet
A clean sheet refers to a team not conceding a goal in a game.
Co-Favourite
A situation when two or more teams/opponents have the same odds of winning.
Correct Score
A betting market in which the punter must predict accurately the final score of a game. The correct score betting market can be adjusted to every part/half of a game.
Evens
Odds of 2.00. When betting on evens, a winning bet will return a profit equal to the stake.
Free Bet
A common bonus provided by bookmakers in order to reward players for their loyalty or to entice them to use their services.
Handicap
An advantage or disadvantage given to the weaker or stronger team respectively.
Last Team to Score
A betting option in which the punter bets on the last team that will score a goal in a game. The wager is a winning one when the team you have selected scores the last goal of the game.
Multiples
A combination of multiple single bets into one. A punter must win all selections in order for the multiple bet to pay.
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Over-Under Betting
Betting on an event in a game happening above or below a set threshold, i.e. over/under 2 goals in a football game.
Push
A push occurs when the result of a game matches the point spread bet made by a bettor
Scout
A punter that will wait for the perfect bet opportunity (according to his opinion) and bet big.
Sharp
A bettor that is extremely knowledgeable.
Single Bet
A bet placed on a single outcome of an event/game.
Singles
A bet that covers only one selection.
Smart Money
Money bet made by a sharp bettor.
Special Bets
Another word for a prop bet - alternative or non-sports related bets.
Spread Betting
A type of betting in which the bookmaker offers a spread on the outcome of an event. The bettor then should decide whether this outcome will be higher or lower.
Stake
The amount of money a bettor places as a bet.
Tipster
A person that provides info and suggestions for wagers.
Tissue Price
Set of odds (prices) based on ratings that are converted into probability.
Totals
A bet on the total number of an event in a game - goals, corners, bookings, points etc.
Trixie
A type of wager that includes 4 bets across three selections.
Under
Part of the over/under betting markets. In the Under market you bet that an event in a game will happen fewer times than the set threshold.
Underdog
Less-favoured team or competitor in a game or event.
Underlay
When the chances of a competitor are not true and are to the bookmaker’s advantage.
Value Bet
A bet that has identified an edge against the bookmaker and takes advantage of it.
Void Bet
A bet that is cancelled due to specific circumstances and the amount staked is refunded to the player.
Wager
Another term of bet.
Walk over
A term used when a competitor/team withdraws from a race/game and the win is awarded to the other competitor/team.
Whale
Another word for a high-roller. A player that consistently wagers great amounts of money.
White meat
A casino term for gambling profit.
Wincast
A type of bet in which the bettor selects a team to win and a player to score at any time during the game.
Winning Margin
The margin by which a team will win, i.e. two or more goals in football or 10 or more points in basketball.
Wise Guy
A knowledgeable bettor.
Yankee
A type of wager that includes 11 bets across four selections.
- DO YOUR RESEARCH
Sports betting is a big moneymaker for sports books, casinos, and handicappers of all stripes—and these businesses are in it to win it. They spend incredible amounts of time and money to gather all the data they can to help them win as often as possible. But don’t be intimidated—you can do your own research. Learn everything you can about the teams and the sport. Use Twitter to gain insight on lines and bone up on all the analysis you can. Be sure to understand your own stats, too: your winning percentage, units, and ROI. This bit might seem a little tedious, but time spent on research will help protect your bankroll. - BE SAFE
As in any gold rush-type scenario, con artists abound, just waiting to prey on newbies. In the sports betting world, these guys are called “scamdicappers,” and they’re often found on Instagram. Be smart and avoid them with a few simple tips. Watch out for accounts with no verifiable win/loss records, an obsession with showing their high-roller lifestyle, and promises of “guaranteed wins.” A lack of user comments or reviews is also a big red flag. - MAKE THE MOST OF REWARDS AND BONUSES
Most online betting sites are always on the hunt for new customers, and many offer special sign-up bonuses you can tap into to extend your bets and help defray your losses. Don’t shy away from enrolling in loyalty programs, as these sites often reward repeat customers with special offers. - PLAYING FAVORITES DOESN’T PAY
Of course, you have favorite teams, but limiting your betting to wagers that favor them can prove disastrous. Betting is all about the cold, hard numbers. Keep that in mind to ensure you’re betting with your head and not your heart. Feel free to bet your favorites, from time to time, but be smart about it. - REMEMBER: LINES ARE ABOUT BETTING, NOT SCORE PREDICTIONS
Know that lines shift constantly due to random new information, betting action, weather, you name it. Don’t fall into the trap of believing they indicate outcomes. Books want as many people betting on both sides as possible, and lines are all about encouraging that tension. - PUT ON THE BRAKES WHEN YOU’RE IN A SLUMP
Pretty self-explanatory, right? Experts agree that chasing your losses in an attempt to recover is a sure-fire way to end up in serious trouble. Try to think of each bet as separate from the last one and the next one. - SET A LIMIT, STICK TO IT, AND QUIT WHILE YOU’RE AHEAD
While it sounds like common sense, we all know how easy it can be to get swept up in the heat of the moment. Be sure you know your limits and don’t exceed them. Some reputable sites, like BetMGM (owned by BetMGM’s parent company) will even help you do so, with the options to set—and easily decrease—spending limits, temporarily suspend your account, and even limit the time you spend on the website. They also make it harder to increase those limits once you’ve set them. Final note: all good gamblers know to quit while you’re ahead.
WHAT IS AN ASIAN HANDICAP? ASIAN HANDICAP SOCCER BETTING EXPLAINED
Asian Handicap In Soccer Betting
An Asian handicap is a type of bet used in soccer that is designed to level the playing field between two teams by giving a “handicap” to the team that is seen as the weaker side. This is done by awarding goals to the weaker team before the start of the match, or by taking goals away from the stronger team. Like the run line in baseball or puck line in hockey, soccer handicapping offers ways to level the playing field when the two sides are far apart in talent.
Asian Handicap Example in Soccer Betting
So, what is Asian handicap betting? Let’s take an example.
So, when a team like Argentina squares up against a team like Saudi Arabia, sportsbook operators will give Saudi Arabia a handicap of +1.5 goals. This means that if a customer wagers on Saudi Arabia and they win the match, or if they lose by less than 1.5 goals, they will win their wager. On the other hand, if a customer wagers on Argentina and they win by more than 1.5 goals, the customer will win their bet.
Although this shouldn't scare customers away every time, in this most recent World Cup, Saudi Arabia upset Argentina in the group stages in one of the largest upsets in World Cup history. Saudi Arabia odds to win were around +1800 before the game started
Single Asian Handicap betting
Single Asian Handicap betting is ideal when there is a large perceived difference in ability between two teams.
The supposed better team will be awarded a goal handicap to eliminate the difference in quality for betting purposes. For example they will start the game with -0.5, -1, -1.5, -2 goals.
The table below highlights how the result on a Single Asian Handicap affects your payout.
Asian Handicap Soccer Betting Goal Fractions – How Asian Handicap Works
The major difference is that the Asian handicap introduces fractions of goal, such as .25 and .75, to the spread. When a customer wagers on a team at a number like +1.25, they're splitting a wager between two spreads, +1 and +1.5.
If the wagered on team loses by one goal, the customer pushes on the +1 and wins the +1.5. If the team wagered on draws 0-0, the customer wins both bets.
If the team wagered on loses by two (2) goals, the customer loses both bets because they didn't cover either spread. Although this wager is treated as one play on a betting ticket, it is essentially two wagers in one that do not affect one another.
Below is an example of wagering $20 on an Asian handicap market for team getting +1.25 at -140 odds. Final score of the game being 1-0. Asian handicap goal line example.
