If you’re a newbie to sports betting, then you’ve probably wondered what the terms and slang mean. After all, purely watching your favorite sports such as football, cricket, soccer, badminton and e-sports is one thing – bet on sports in a Singapore sportsbook website like mmc33.net takes it to a different level of enjoyment.
Whether you’re talking about football betting, tennis games or golf tournaments, you need to know the lingo. This short glossary will help you decipher the most common terms and concepts used in the world of sports betting. Of course, this isn’t a complete list, but as a beginner to online casino betting, these sports betting terms should be adequate for a start to help you gain better insights when placing your casino online wagers in an online casino Singapore like MMC996 Singapore.
Ready to learn some online gambling lingo for sports? Read on!
Beginner’s Guide To Some Of The Most Common And Popular Terms For Sports Betting
Regardless of how you decide to bet on sportsbook Singapore, via Discord gambling bots or via online casinos Singapore, these sports terms still apply:
In sports betting, the simplest term is ‘stake‘, which refers to the amount of money wagered by the bettors. Also known as wagering, this refers to the money amount of money that you’ve placed on a specific bet.
‘Point spread’ refers to the margin of victory in sports events and bets are placed based on this margin. This type of betting is commonly seen in football and basketball betting.
The odds on a game are the odds that are published by bookmakers. The odds are usually fixed if the team has a good record.
Handicap betting is an event by sports bookies that serves as a challenge for punters to win a sporting event. This is usually to level the playing field for a more even outcome, and bookmakers will set specific criteria to handicap bets to spice up the wagering.
A halftime bet is a wager on the first half of a game.
A matched pair is called a “parlay,” where a team with a higher point total wins. The odds of winning a parlay increase as more teams are involved. A parlay bet is when a punter wagers on multiple teams and tie those bets in one same bet, and will only win the bet if all the teams win.
Making a wager on a game event is called an action.
A push is a situation where a gambler loses nothing, but wins nothing. Also known as a tie.
Another key term is “exposure.” This is the amount of money a sportsbook loses when a bet is lost.
A “steam move” refers to a sudden, dramatic move in a team’s odds.
A “matched bet” is a wager placed on a team that is favored by the oddsmakers.
Over/under refers to the total number of points a team will score in a season or game. Over/under bets are also popular, as they give the bettor two chances to win a bet.
In addition to over/under, you can also place bets on future outcomes of games, which is known as a future bet.
Moneyline bet is the most common bet type for sporting events, which is a type of bet on which team will win the game. It is the most straightforward bet type.
Hedging means to bet the opposite of your previous bet.
There is also a type of bet called ‘against the spread’, or ATS wager, which is seen in basketball and football betting but not baseball and hockey. To bet against the spread means you need to bet more than the set point spread.
A “double pop” bet is a win, place, and show bet.
In-play betting refers to betting during a game.
While there are no fixed odds, a “pick” is a wager that is based on the team’s overall performance. In this case, the bettor must win all the bets in a parlay.
AET is another common sport betting term. It’s also known as “extra time” in the United Kingdom, and refers to extra time added at the end of a soccer game because of injuries or other incidents during the regular time period.
An underdog refers to the least favored team that is expected to lose than win.
An alt-line or alternate line allows bettors to raise or lower the odds of a match.
Conclusion
While you’re reading this glossary, it’s important to know the meaning behind these terms and slang. Many of them may sound confusing especially for a new bettor but it is a good start to familiarize yourself with them.
While this is rarely a problem, it can be frustrating to learn unfamiliar terms without the aid of a sports betting glossary. Fortunately, you’ll be able to use the information you’ve learned to place the best bets possible with your chosen Singapore sports betting agent. And if you aren’t sure where to wager on sports, check out MMC996 casino Singapore for the best sportsbook Singapore odds!
