subject: Familiarizing Ourselves with Sports Betting Terms [print this page] Familiarizing Ourselves with Sports Betting Terms
Whenever you find yourself struggling trying to figure out what each of those confusing sports betting terms means, putting a dictionary by your side will certainly come in handy and make things much easier. And if again you find yourself placing a bet for the very first time, it's more likely that you will stand frozen in your tracks, looking at everything and asking yourself in all disbelief what all of these terms means. Accessing sports books to place your bets is a tricky business; you may want to figure out first what all of the existing betting terms mean before you get comfortable with it and start winning, not to mention that when you are familiar with all the terms,you will be able to follow better when you visit on -line forum.
First thing's first, try to observe a real game with opposing teams playing against each other. You can make references from the bookmakers as to that line where the point spread is determined. Even if the game is lopsided as one team is clearly stronger than the other, or because one team is performing fairly well against the other, the betting arena will still be made even because of that line. The bookmakers are the ones declaring these lines, more like of a handicap given to the underdogs so bettors can have a good fighting chance when siding with them.
It's also important to take note of the juice number. Yes, you did not read wrongly. According to sports betting dictionaries online juice is the term used for the amount that must be wagered on fixed $100 figures so you can be assured of a hundred dollar return.
Vigorish is another term that bookmakers and insiders and just about anyone in the industry talk about that is confusing those unfamiliar most of the time. It's actually the commission that will be paid to the bookmakers. It's also known as the Juice.
To top it all, you need to know about odds, how they work and how they affect every game situation. It's one of the most important things to consider in the betting world because through it, you can get to pick your games and win. Learn how to make it work for you, and not against you. Better yet, take time and effort to study every term used in the sports betting world. It can make the difference between winning and losing.
