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The best part about the contest is that it is free to enter. The DraftKings Squares contest is similar to a lot of pools that are run for the Super Bowl by people in an office or among friends. You start by selecting a blank square on a game board. When the Super Bowl game begins, those squares will be assigned numbers one through nine. To sign up for the DraftKings Squares contest, simply go to the contest page. You can register for a DraftKings account right here. When you get to the page, you will see a sign-up page that describes how to play the game.

Sports betting terms explained winning margin betting rules in blackjack

Sports betting terms explained

For example, Vegas Golden Knights vs. The difference of 10 dime line is the traditional profit margin for sportsbooks. Double Chance — This is a European sports betting term mostly used for soccer betting. A double chance wager allows the bettor two opportunities to win a bet.

For example, a result in soccer can be a win, loss, or tie. A double chance bettor may combine two of the three results instead of just one. This gives the bettor twice the chance to win the wager. Double Pop — A European way of saying that a bettor will bet twice the normal amount. In the US this is known more often as doubling up.

Early Cash Out — A way for bettors to settle a wager for a certain dollar amount before the event is over. This is a way to lock in a profit at a smaller value than the wager would ultimately pay. Even Money — A wager that pays the same as was risked. Exacta — Choosing horses to finish first and second in a race. This is sometimes, but rarely, offered for other competitive sports. Exotic Wager — These are non-traditional sports bets.

This kind of wager is often listed as a prop bet in a sportsbook. Expected Value — This is a calculation used by a bettor to determine whether a wager should win or lose over time. Positive expected value EV bets over time is a good way to become a winning sports bettor. Exposure — The amount of money a sportsbook potentially could lose for a specific event. For example, sportsbooks might have a lot of exposure money at risk on one team winning a championship versus another.

First Half — A derivative bet that can be placed on a sport that has two halves. Football and basketball are the most popular sports to place a first half wager. Fixed Odds — These are the odds that most sports bettors will experience.

Horse bettors might experience a change in odds from parimutuel betting. Flat Betting — Simply put, this is a betting system where all wagers are the same. The wager is usually a percentage of bankroll but could also be a fixed dollar amount. Fractional Odds — Another kind of odds used mainly in Britain and Ireland.

Some sportsbooks may offer derivative versions for home, away, or periods of games during the day. Some sportsbooks may offer a similar bet for runs in Major League Baseball. Handicapper — A person who analyzes sports events to predict the winning team or player. Handle — The amount of money a sportsbook or sportsbooks take from wagers. This could be broken down by sport, region, casinos, and more. Hedge — Hedging is a strategy used by sports bettors to either reduce the risk of or to guarantee a profit from a wager.

Home Field — This the field court, rink, etc. Hook — Another way to say half of a point. For example, a team may be a 3. Joint Favorite — When there are two favorites for an event. This is mostly used in England. Kelly Criterion — A popular bankroll management strategy for a bettor who seeks to limit losses while maximizing the amount won. Layoff — When a bookmaker reduces the risk of losing wagers by placing a bet with a different sportsbook s.

This typically happens when there is lopsided wagering on one side of a game and the sportsbook or a bookie want to alleviate potential losses. Listed Pitcher — This is a baseball bet that is active only if the pitcher listed as the starter throws the first pitch of a game. This is also known as In Play wagering.

Lock — Another way of saying that a team or player will be an easy winner. Margin — This is a wager where a bettor selects a team to win or lose by a specific number of points regardless of the point spread. The Raiders must win by 11, 12, or 13 points for a win. A victory by 10 or 14 points is a push. Martingale System — A gambling system where bettors doubles the amount of a wager after losses.

This system can be used for sports and other forms of gambling i. This gives a bettor multiple chances to win wagers on the same game. Matched Bet — When a bettor uses free wagers from a sportsbook operator to increase potential profit. This is a popular technique employed in new legal US sports betting markets as promotional offers are available. Novelty Bet — Placing a wager on a non-sports event with a sportsbook.

For example, placing a wager on the Oscars in New Jersey. These kinds of wagers are more popular overseas. Odds-on Favorite — When a team or person is heavily favored to win a game or event. They often have very low odds paying much less than the amount wagered. Off the Board — When a sportsbook stops taking wagers on an event or participant they remove the game odds from the betting board. This often happens when a player is uncertain to participate because of an injury.

Public Betting Percentage — This is the percentage of wagers placed by the general betting public. Puck Line — This is a point spread of sorts based on goals scored during a hockey game. The base puck line for a game is often plus or minus 1. Sportsbooks might offer an alternative puck line with more or fewer goals scored.

Push — When a point spread wager lands exactly on the line offered by the sportsbook. The bettor receives their money back if they push. If they win by exactly 14 points, the wager pushes and the bettor gets their original wager back. Player Props — A player prop bet is a wager on an individual player to do something during a game. For example, which player will score first in a football game? Power Ranking — AKA Power Rating — Creating a ranking score for each team so that a bettor, handicapper, or sportsbook can create a point spread.

Experienced handicappers use their point spreads to compare with a sportsbook in order to find the best bets available. Reduced Juice — When a sportsbook lowers the vig on a game. For example, a sportsbook might offer for a game instead of Outlaw Line - Term for the earliest line in sports betting.

This is an overnight line that only a handful of players are allowed to bet into. Over - In sports gambling the "over" is a sports bet in which the bettor guesses that the combined point total of two teams will be above a specified total. Parlay - In sports wagering, a bet with two or more teams in which all teams must win or cover for the bettor to win and receive higher payouts.

Pick 'em - When neither team is favored. Also called a "pick" in sports betting terms. Point spread - In sports betting this is the predicted scoring differential between two opponents as quoted by a sports book. Power Ratings- The strength of a team in comparison to another team. Press - In sports betting this means to wager a larger amount than usual. Price - Sports betting term for the odds or point spread. Prop Proposition Bet - In sports gambling this is a special wager offered by the sports book on unique and various topics.

These wagers can be on sporting events, politics, and even trial outcomes. The wagers use the money line format of pay off odds and might included who scores the first touchdown in the super bowl, who will win the next presidential election, or whether or not O. Puckline - A puckline for sports wagering is giving odds of a goal spread instead of using a Canadian Line in hockey, where both a goal spread and money line are played. Puppy - The underdog in an event. Push - When the contest ends with no winner or loser for wagering purposes.

Round Robin - In sports betting this a series of three or more teams in 2-team parlays. Run down - In sports gambling this is all the lines for an specific date, sport, time, etc. Run line - In baseball a spread used instead of the money line.

Runner - One who places bets for another when it comes to sports betting. Scouts - person s who waits for what he thinks is an unusually strong wager. Sports Player. Sharp - When it comes to sports betting a sharp is a sophisticated or professional gambler. Sides - In sports betting, the names of the two teams playing: the underdog and the favorite. Single action - An "if bet" in sports gambling that is processed only if the precedent bet wins. Sportsbook- a person or company that accepts bets.

Spread - A spread in sports wagering is the predicted scoring differential between two opponents as quoted by a sports book. See "point spread. Steam - In sports betting steam is when a line starts to move rapidly. Most "steam games" do not necessarily reflect objective circumstances, but are games that a mass of bettors is drawn to for some reason.

Store - A bookie or sports betting establishment. Straight bet - In sports betting this is a wager on just one team or horse. Systems- Using trends for the past that you are consistent with to predict future outcomes. Taking the points - When it comes to sports gambling this means betting the underdog and its advantage in the point spread. Taking the price - In sports wagering this means betting the underdog and accepting money odds. Teaser - A teaser is a special type of parlay in sports betting in which you adjust the point spread or total of each individual play.

The price of moving the point spread teasing is lower pay off odds winning wagers. Ticket - A sports betting wager. Tie - In sports betting a tie is a wager in which no money is lost nor won because the teams' scores were equal to the number of points in the given line.

Total - The combined amount of runs, points or goals scored by both teams during the game, including the overtime. Totals Bet - In sports gambling this is a proposition bet in which the bettor speculates that the total score by both teams in a game will be more or less than the line posted by the sports book. Tout - Someone who sells their expertise on sports wagering. Trends- Using the past to predict the future focusing in on only one team.

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. Underdog - The team perceived to be most likely to lose. Also known as the "dog" in sports betting terminology. Value - In sports betting value means getting the best odds on a wagering proposition; the highest possible edge. Vigorish - The bookmaker's commission on a losing bet; also known as juice in sports betting.

Wager- To risk money on the outcome of an event. Wise guy - A wise guy is the sports gambling term for a well-informed or knowledgeable handicapper or bettor.

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For a favorite to cover, it has to win by more than the spread; an underdog covers by winning outright or losing by less than the spread. Edge: An advantage. Sports bettors might feel they have an edge on a book if they think its lines aren't accurate. Exotic: Any wager other than a straight bet or parlay; can also be called a "prop" or "proposition wager.

Favorite : The expected straight-up winner in a game or event. Depending on the sport, the favorite will lay either odds or points. For example, in a football game, if a team is a 2. Fixed : A participant in a particular game who alters the result of that game or match to a completely or partially predetermined result. The participant did not play honestly or fairly because of an undue outside influence.

Futures bet : A long-term wager that typically relates to a team's season-long success. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season. Halftime bet : A bet made after the first half ended and before the second half begins football and basketball primarily.

Handle : The amount of money taken by a book on an event or the total amount of money wagered. Hedging : Betting the opposing side of your original bet, to either ensure some profit or minimize potential loss. This is typically done with futures bets, but can also be done on individual games with halftime bets or in-game wagering. Hook : A half-point. In-game wagering : A service offered by books in which bettors can place multiple bets in real time, as the game is occurring.

Juice : The commission the bookie or bookmaker takes. Standard is 10 percent. Layoff: Money bet by a sportsbook with another sportsbook or bookmaker to reduce that book's liability. Limit : The maximum bet taken by a book. Middle : When a line moves, a bettor can try to "middle" a wager and win both sides with minimal risk.

Suppose a bettor bets one team as a 2. She can then bet the opposite team at 3. She would then win both sides of the bet. Money line noun , money-line modifier : A bet in which your team only needs to win. The point spread is replaced by odds. Oddsmaker also linemaker : The person who sets the odds. Some people use it synonymous with "bookmaker" and often the same person will perform the role at a given book, but it can be separate if the oddsmaker is just setting the lines for the people who will eventually book the bets.

Off the board : When a book or bookie has taken a bet down and is no longer accepting action or wagers on the game. This can happen if there is a late injury or some uncertainty regarding who will be participating. Also used in prop bets. Parlay : A wager in which multiple teams are bet, either against the spread or on the money line. The more teams you bet, the greater the odds. Pick 'em : A game with no favorite or underdog.

The point spread is zero, and the winner of the game is also the spread winner. Point spread or just "spread" : The number of points by which the supposed better team is favored over the underdog. Proposition or prop bet : A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain. Sometimes called a "game within a game. Push : When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points.

Square : A casual gambler. Someone who typically isn't using sophisticated reasoning to make a wager. Steam : When a line is moving unusually fast. It can be a result of a group or syndicate of bettors all getting their bets in at the same time. It can also occur when a respected handicapper gives a bet his followers all jump on, or based on people reacting to news such as an injury or weather conditions.

Straight up : The expected outright winner of the money line in an event or game, not contingent on the point spread. Teaser : Betting multiple teams and adjusting the point spread in all the games in the bettor's favor. All games have to be picked correctly to win the wager. Total : The perceived expected point, run or goal total in a game. For example, in a football game, if the total is 41 points, bettors can bet "over" or "under" on that perceived total.

Tout service : a person or group of people who either sells or gives away picks on games or events. Prop Bet — A bet on something other than the outcome of a game. Public Betting Percentage — Also referred to as public betting trends, we offer real betting percentages from seven contributing sportsbooks.

These numbers represent real bets placed at real sportsbooks. These percentages are integral for our betting against the public philosophy. Push — When a contest ends without a winner. In a moneyline sport this happens if the game ended in a tie.

In a spread sport, this happens if the favorite wins by the exact spread. Real Time Odds — Live lines that update immediately as sportsbooks adjust their lines. Reverse-Line Movement — Betting line movement that contradicts the public betting percentages. This indicates that sharp money is taking Team B. This alternative allows you to add runs for the underdog, or subtract them from the favorite.

This means that a favorite has to win by at least two runs for you to win your bet, while an underdog could either lose by one run or win straight-up to win the bet. The benefit of this is that you can bet more lucrative lines on favorites, but because baseball and hockey are such low-scoring games, this can be a risky proposition.

Steam Move — A sudden, drastic and uniform line movement across the entire sports betting marketplace. Teaser — A special bet in which you are able to adjust the point spread or total for a game. The more you change the spread, the lower the payout becomes.

Tout — An individual who sells their picks or their sports betting expertise to others. Now that you have a better understanding of some key sports betting terms, where should you be looking to place your wagers? The short answer: The sportsbook with the most advantageous odds. Luckily, since the U. Supreme Court overturned the federal ban on sports betting in May , multiple states have launched robust mobile betting operations. To get a complete rundown on where legal betting stands in your state, check out our complete guide here , but the main states to know for online betting are Colorado , New Jersey , Pennsylvania , Indiana and West Virginia.

Sports Betting. Best Books. PJ Walsh. Download App. Bankroll — The available funds you have to bet with. FDSportsbook on Twitter. Pictured: FanDuel Sportsbook Bookmaker — A person who is licensed to create betting lines and take wagers. Follow PJ Walsh.

Top Offers. Bet Over in Lakers-Nuggets. Follow Us On Social. Sportsbook Reviews. Sports Betting Calculators. How to Bet On Sports. Betting Education.

Book Sportsbook - An place where someone can bet on the outcome of sporting events.

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Off track betting locations Edge - The advantage a kurai csgo betting has before a bet is placed. The return on a first place win is always higher than the return on a second place win. Totals Bet - In sports gambling this is a proposition bet in which the bettor speculates that the total score by both teams in a game will be more or less than the line posted by the sports book. Prop Bet — A bet on something other than the outcome of a game. Double Chance — This is a European sports betting term mostly used for soccer betting.
Sticky rice betting odds Contrarian Betting — Also known as betting against the public, contrarian betting finds value by betting on games with lopsided betting percentages. Hedging kalloni vs panathinaikos bettingexpert tennis bet consists of betting on the opposite side of an original wager to set up a guaranteed return. An exchange posts bets with two sides and the betting option remains listed until both sides are bet on. Accumulator — This is similar to a parlay in that it involves a series of bets in one wager. This is when a bettor takes the price on a game offered by the sportsbook. Dog — Short for underdog, this is the team which bookmakers assume will lose the game.
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