If you have interest in playing online football betting, you should know some of the basic terms required in the game.

Here, we’ve put together a little guide to help you understand the basics of football betting.

 

BASICS OF FOOTBALL BETTING

This can refer to any sports bet of any kind. It can also refer to the number of bets being place on a certain event.

This is the act of using historical factors from previous events.

This is when a sports bet fails unexpectedly

A beard is a friend or colleague who places sports bets in an effort to shield the identity of the real bettor. Some players like to remain anonymous, and this is how they do it.

This is just short for the sportsbook. A book is what accepts bets and pays our winnings.

This used to refer to the person that would accept bets on behalf of the organization. But now it is just a different name for the sportsbook.

This is a $100 bet.

This is when a bettor pays extra to receive a half-point or more on a point spread event.

This is the favorite outcome or bet.

Someone who frequently bets on the favored outcome is the chalk player.

A $1000 bet.

This is short for ‘underdog.’

A bettor who bets on the underdog more often.

This is a sports bet that is processed if the precedent bet wins, ties, or cancels.

This is a bet that is twice the size of what the bettor normally wages.

This is the advantage a bettor would have.

This is the largest amount of money a sportsbook stands to lose on a game.

This is the outcome that is expected to win. Odds always reflect the favorite.

This is $50.00

This is the amount a bettor owes to their sportsbook or the amount the sportsbook owes to a bettor.

This means placing a bet

This refers to someone who rates, bets, and studies sporting events to predict future outcomes.

This is the act of placing a wager on the opposite side of an outcome to minimize losses.

This is a half point added to the spread to make sure there are no ties.

This is the commission that a bookmaker receives on bets.

 

Where to Play Online Football Betting?

These are some of the most common football betting terms that you should be aware of before beginning any bet. It will give you a slight advantage on the table and help you understand the know-how of the game. You won’t be completely lost.

By now, you are probably intrigued, and you want some football betting action of your own.

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