Something for beginners
It’s normal that when rubbing shoulders with the first articles and texts in general regarding sports betting, beginners were presented with some unknown terms, many of them in English. It happens that this world has its own words and several of them are essential to understand the operation and dynamics of sports betting. The list could be really long, so we will stop at those basic concepts. This part is essential to start betting with the best betting agent for Asian bookmakers.
All in: bet the total of the bank in a single move.
Back: term widely used in exchange bets to refer to the player who bets in favor of a result.
Banker: this is a bet in which the odds of winning are very high.
Bankroll: “banca” in Spanish, is the total amount of money available we have for betting.
Bookmaker (or bookie): a company that offers a sports betting service.
Combined bet: choosing a set of sporting events (they can be different sports) and multiplying the respective quotes among themselves. To win you have to hit all the forecasts.
Deposit: the money that the user enters into the account that was previously opened in a bookie. You can check out deposit and withdrawal options via an agent for more info.
Double chance: it is a market presented in football betting, in which the player bets on two of the three possible alternatives. For example, in a Barcelona vs Real Madrid match, we bet on the “Barcelona wins or draws” option. The chances of success increase, although profitability decreases.
Odds: the factor that determines the possible winnings in a bet. To estimate the potential benefits of a play, we must multiply the odds by the amount invested.
Free bet: this type of bet arises from rewards, gifts, or bonuses that betting companies offer in order to keep their users happy or captivate potential customers. Free bets have a fixed amount (30 euros, for example), which is not charged in case of profit.
Line Betting (hndcp): addition or subtraction that is made to the result of a game of football, tennis, basketball, or other sport, which significantly changes the odds. For example: Let’s say we bet that Atlético de Madrid beats Malaga with a hndcp of +1. At the end of the match, we will have to add a goal to Atletico Madrid. This means that, if the match ends 1-1, we will win the bet because for us it will be 2-1. Another one of the many options in that game would be to bet that Atletico wins with a hndcp of -1. In that case, to win the bet, the team from Madrid would have to win at least b two goals of difference.
Lay: a usual term of cross bets used to refer to the party that bets against a result.
Live betting: these are simply all the bets you place during a live event.
Liquidity: it is the maximum amount of money that a player can place in a bet or market. Of course, the premise is, the higher, the better. That is why the best betting software includes a wide range of markets and high liquidity and reliability.
Over / Under: one of the most popular markets in football betting. The operators establish a line that is usually at 2.5. And, bettors make their predictions: more than 2.5 goals (in total in the game or a team itself) or less than 2.5 goals. It is also possible to bet with respect to corner kicks, yellow cards, and other gaming situations.
Pick: is how the tipsters call the predictions they write.
Secure bet (sure bet): it is a bet from which we will obtain benefits regardless of the result of the event. For this, the odds of different betting houses are taken advantage of, with which it is essential to be registered in several bookies.
Simple bet: it consists of playing a certain amount of money for the result of a punctual sports event.
Stake: it is about the money that we will put into play in a bet. It depends on the confidence we have in producing the result in question.
Stake unit: the minimum amount that the bettor will put into play in a bet. It is usually around 1% of the bank. Although this depends on each case. The number of units that will be risked is determined by the probability of hitting, the confidence, and the value of the bet.
System bet: it is a variant of the combined bets in which the main difference is that it is not necessary to guess all the odds to win. For example, in a 2/3 system, two hits will suffice to give the winning bet.
Tipster: is nothing but a forecaster. It deals with defining the probability that a sporting event will end with such a result.
Value bet: these bets are so-called because the associated probability of their odds is higher than the estimate of the real probability made by the bettor.
Welcome bonus: promotion that betting houses use to attract customers. Some operators offer 100% bonuses (up to a certain amount of money) on the first deposit. Of course, welcome bonus offers vary a lot.
Now that you know the terms of the betting world, you are ready to start your betting experience. In order to do that, you need to open an account on the best betting platform as the first step. Then, you can enjoy being a winner without restrictions alongside the highest limits and best odds.
