Betting vocabulary is ridiculous. If you are new, you might think that someone is magic instead of placing bets. I mean, steam hunt? Branch? Reving movement? Sounds like a mixture of Wall Street -Jargon and Pirate -Slang than everything that has to do with sport, right?
But in order to bet carefully and not just throw money into the void, you have to understand these niche gambling terminology.
I spent hours to dig dark springs, including SportsMemo, Oddsmatrix and even Merriam-Webster (yes, even a dictionary has gambling words). Now I present you – some of the rarest, strangest and strangely specific betting phrases that you actually want to know.
Understand niche game terminology
Most people know opportunities, parlays and spreads – these are the basics. But there is an entire underground world of the betting vocabulary that separates casual wetters from experts (or at least from those who specify that they know what they are doing). Here are some of the most interesting niche terms that appear in betting circles.
Past posting
This is a direct fraud. When someone places a bet after the event has started technically. Imagine trying to bet on a horse race after the horses are halfway around the route. It’s very illegal, but that doesn’t prevent people from trying.
Square money
This is the money that comes from the “public”, also known as casual weather, which go with its intestine instead of actual statistics. These are the people who bet on the Lakers just because they like LeBron. Bookmaker love the Square money – it keeps your profits going.
Sharp money
The opposite of square money. This is cash that is placed by professional beders, also known as “Sharps”. When you see that sharp money comes in, you know that something is going on. These people don’t bet for fun; They bet to make a living.
volume
Simply put, this is the total amount of bets that are attached to a specific game or a certain market. High volume events usually offer more stable opportunities, while games with low volume can swing wildly.
Rare betting vocabulary in connection with chances of winning and probability
The likelihood and probability are what bets are about, but some terms are so specific that only hardcore beds and sports book insiders ever use them. Here are some:
- Reverse line movement (RLM) – When the line moves in the opposite direction, where the majority of the public sets. If 80% of the beders hammer the patriots with -7, but suddenly the line on -6, that’s RLM. It usually means that on the other hand there is sharp money.
- Close line – The final opportunities published before the start of an event. Professional beders pursue how the chances of winning are shifted from the opening to the closure to measure market accuracy and the bet.
- edge – Any advantage you have compared to the sports book. Professional players are obsessive for an advantage; Even a smaller can mean the difference between profit and loss.
- Evens – a bet with 1: 1 chances. You bet € 100, you win € 100. Simply. But when you consider how sports books love their VIG (the fee levied), actual bets with even money are rare.
- margin -The built -in profit from the bookmaker with the chances of winning. A smaller margin means better opportunities and fairer betting conditions.
Unusual betting strategies and their terms
Now let’s talk about actual betting strategies that not only “bet on the team with the cool jerseys”. Some are niche, others are borderline genius and others are just chaos.
Medium -heavy – the art of gaining both sides
Imagine you bet on a game at -4.5 and later to the other team at +6.5. If the end result ends up between these numbers, they both win betting. This is mediocre betting strategy and it is nice when it works.
Dutching – because who likes risk?
The Dutch betting strategy is if you take your bet over several results to ensure a profit (or at least minimize your losses). This strategy was named after a gangster from the 1920s, which used it to beat horse bookmakers. Yes, betting history has MOB bonds.
Steam hunting betting – Follow the money
In this case, you bet immediately after a large line movement in the hope of driving the wave. The idea is that when sharp money changes the chances, probably know something you don’t. So you jump in before the sports goods continue to adapt.
Contrary bets – against the public
If everyone relies on the favorite, the contrary bed chooses the outsider. It is risky, but can pay a large amount, especially if public perception compares the chances too much.
Used for region -specific betting terms worldwide
The betting culture varies from country to country, as well as terminology. Let’s do a short world tour:
USA & Europe – The land of rethinking
Teaser and the leasers – with a teaser you can adapt the spread in your favor, but reduce your payment. A nurse does the opposite – more difficult to win, but larger rewards. It is like changing the level of difficulty in a video game, but for money.
Asia – betting giants
Discharge – popular in Asian markets when a bookmaker sets his risk with another bookmaker. A kind of insurance for bookmakers.
Commonwealth of Independent States (CIS) – where bets are a sport itself
Gabing (Arbitrage bets) – In the CIS, referred to as “forks”, bet on all possible results that use different sports books to ensure a profit. Bookmakers hate it and some will forbid them for life when they catch them.
Obskure historical competitions that are still relevant
Not all betting jargon are modern. Some terms decrease centuries and surprisingly they are still relevant today.
- Vigorish (VIG) – This is only the editing of the bookmaker, also known as the reason why the house always wins. The word itself comes from Yiddish and Russian slang for “profits”.
- Bankroll management – No excluding for bets. If you don’t know how to manage your bankroll, you won’t take long. Old players probably had a different name for it – maybe “they don’t blow all of their gold on a bet”.
Modern betting jargon
- Turn around – The amount you have to bet before you can withdraw your bonus money. If a website contains a bonus of € 100 with a 5 -fold rollover, you must use € 500 before you can pay.
- action – every kind of bet. If someone asks: “Have action in this game?” You don’t ask about the drama – you want to know if you have money for it.
Responsible gambling
Apart from all jokes, bets is risky. If you don’t be careful, you can lose a lot of money. If you know your limits, never follow any losses, and if you bet on Lithuanian table tennis at 3 a.m., it is time to take a break.
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