back lay betting explained synonym

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When we talk about football, we usually think first of the NFL. When you look at the global numbers, this figure nearly doubles. InSuper Bowl XLIX only generated about 10, more bets than the most heavily bet college football game:compared to ,

Back lay betting explained synonym betting stats super bowl

Back lay betting explained synonym

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SPORTS BETTING RULES SPREAD

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.

Underdog : The team that is expected to lose straight up. You can either bet that the team will lose by less than the predicted amount ATS , or get better than even-money odds that it will win the game outright.

Skip to navigation. Betting: Glossary of common terms. Bucs equal bucks as U. Tampa Bay Buccaneers. Kansas City Chiefs. Sportsbook offers refunds after Reed controversy. LeBron now MVP favorite at some sportsbooks. Los Angeles Lakers. It's flipping madness: 'Startling' amount bet on Super Bowl coin toss. A gamble on Brady's move to Tampa Bay leads to profits. Notable Super Bowl betting trends. Notable Bets: Mahomes' injury throws oddsmakers for a loop.

Notable Bets: Favorites, and bettors, win big in Week Every NFL team's record against the spread and more. Notable Bets: Receiverless Browns let down betting public. Notable Bets: A Jets bet you won't believe. Notable Bets: NFL underdogs taking toll on betting public. Notable Bets: Jets spoil biggest win of season for bookmakers. Notable Bets: The remaking of the Saints-Broncos point spread.

Notable Bets: Survivor contest disaster, plus another bad Sunday for betting public. Birdcage A portion of the racecourse where horses are paraded before the start of the race. Birdcage is also known as the celebrity room at large race days such as the Melbourne Cup in Australia.

Blinkers A piece of gear placed on a horse to limit its vision and prevent it from being distracted by what's around it. Blows When a horse is unwanted in betting before the race and the bookies increase the price. Bookmakers A person or company licensed by the government to accept bets.

Checked A term describing interference experienced by a horse. Class Describes the standard or grade of a race. Coat-Tugger Someone who offers a punter a tip and wants a percentage of the winnings. Colt A young male horse either two or three years old that has not been gelded. Correct Weight Placings in a race are official and any winnings can now be paid out on the race.

Correct weight means all jockeys have weighed in correctly at the end of the race to ensure each horse was carrying the correct amount of weight. Dam The female parent of a horse. In human terms, the 'mother' of a horse. Dead Heat Two or more horses finishing in an exact tie at the finishing post. For a dead heat the odds of a horse are divided in half to pay out each of the two winners evenly.

Derby A classic race for three-year-olds. Dwelt Refers to a horse that has hesitated at the start and is slowly into stride. Eased Describes a horse that has been restrained in order to find a better position back in the field. Can also refer to a horses odds increasing in the lead-up to a race. Farrier A specialist in equine hoof care.

Fast The firmest track rating. Now known as Firm in Australia. Feature Race The most significant race of the day, usually determined by the ratings of the horses involved, its category and the prize money on offer. Filly A young female horse three years old or younger. First-up A runner resuming from a spell a spell being a minimum two-month break from racing.

First Starter A horse making his racetrack debut. Fluctuation Odds movement of a runner as dictated by betting activity. Front Runner A horse who usually settles out in front. Furlong A scale used in European and American racing which is equivalent to approximately m. Good Track The optimal racing surface. In Australia, track managers always aim for track to be rated a Good 4.

Head A margin between runners that equates to roughly the length of a horse's head. If a horse wins by a head it is a close margin. Heavy Track A very rain-affected track. A Heavy 10 is the worst possible track rating in Australia. Hoop Another name for a jockey. Hurdle Race A jumps race over lower fences than a steeplechase. Impost The weight carried by a horse in a race. It's a term most commonly used when referring to horses to carrying top weight or that are high up in the weights scale.

In Foal Pregnant mare. Knocked Up Describes a horse that weakens noticeably in the concluding stages. Knuckled When a horse stumbles forward in a race, often upon jumping. It often costs the horse ground and can sometimes lead to the jockey being dislodged.

Late Mail Last-minute tips that take scratchings, jockeys, track conditions and whispers from informed sources into account. Late Scratching A runner that is withdrawn from the race after 8am on raceday. If a late scratching is made, the betting odds are adjusted to account for that horse being removed from the market. Lay When a bookie offers better odds because they believe the horse can't win. Or the act of betting on a horse to lose on a betting exchange like Betfair.

Length A horse's length from nose to tail. If a horse wins by 1 length it has won by about 3 meters. Long Shot A runner paying big odds. Maiden A horse who has not won a race. Mare A female horse aged four years or older. Middle Distance Racing distance classification that generally describes races in the mm range. Mudlark A horse that excels on wet tracks. Neck Margin between horses - about the length of a horse's neck unsurprisingly. Near Side Left side of a horse. Nose The smallest official margin between horses on the line.

Off Side The right side of the horse. On The Nose To back a horse for the win only. Photo Finish A result so close that it is necessary to use a finishing post camera to determine the winner. Pig Root The act of a horse bucking. This will cost a horse ground and can often dislodge the jockey; it almost always puts paid to a horse's chance of being competitive in a race.

Plunge A sudden rush of bets for a particular horse, often placed close to the race's advertised start time. Punter A person placing a bet. Rails The prime position in the bookies ring where the larger bets are exchanged. Also a the term used to denote the the fence-like structure that marks the boundary of the racetrack. Ridden Out Describes a horse that has been vigorously ridden to the line by its jockey without the use of the whip. Roughie A horse at a long price in the ring with a much lower chance of winning.

If you pick a 'roughie' your winnings will be far higher because of the chances involved. Scratched A horse which has been removed from a race. Reasons for this can include that there is a better race option for the horse on the horizon, illness, injury, unfavourable barrier draw or at the direction of racing officials.

Second Up A horse's second start during a preparation. Silks The often brightly coloured and patterned jacket and cap worn by jockeys in a race. Silks are generally in the colours of the most prominent owner of the horse or in the trainer's racing colours. Sire The male parent of a horse. In human terms, the father. Spell A horse that has had a minimum two-month 60 day break from racing.

Stallion A male horse that has not been gelded castrated. Also describes male horses whose racing deeds and pedigree are such that it is desirable to breed from him. Stayer A horse who performs best when it races over longer distances. Stewards Racing officials responsible for enforcing the rules of racing. Strapper A person employed by the trainer to groom and look after the general day-to-day welfare of a horse. Stone Motherless Describes a horse who has finished a clear last in the race.

Swooper A horse whose style of racing is to race near the back of the field before unleashing a fast-finishing burst towards the finish line and often down the outside portion of the track. These bets generally need to be placed at least half an hour before the race. Under Double Wraps Describes a horse who is travelling well without any urgings from its jockey. Unders A horse whose odds are too low in relation to its chances of winning.

Taking 'unders' means you've bet on a horse at odds which should have been higher. Wager A bet. Or, according to sentence handed down in The consequences of being warned off include not being permitted to enter any racecourse or training facility, not being able to have an interest in any thoroughbred racehorse and not being able to place a bet on thoroughbred races with a wagering operator.

Well-Held Describes a horse who has been comfortably beaten by the winner. Write Your Own Ticket This refers to a runner that is so unlikely to win that a bookie would give you any odds you ask. The expression is also loosely used in reference to any betting outcome that has very little likelihood of occurring.

Yearling A horse of either sex that is between one and two years old. This is the age at which most horses are bought at the sales. All racehorses celebrate their birthdays on the same day. Bookmakers associate responsible for settling up on bets at the track.

A runner racing inside of other runners and awaiting clear galloping room. The starting gates or 'stalls' from which the horses jump at the beginning of a race. A portion of the racecourse where horses are paraded before the start of the race. A piece of gear placed on a horse to limit its vision and prevent it from being distracted by what's around it.

When a horse is unwanted in betting before the race and the bookies increase the price. A person or company licensed by the government to accept bets. A term describing interference experienced by a horse.

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How to BACK / LAY in Cricket - Lagai Khai in Cricket

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Mаtched bеtting (also known as. Betting arbitrage ("miraclebets", "surebets", sports arbitrage) is an example of arbitrage arising Arbitrage using back and lay side is possible if a lay bet on one exchange provides shorter odds than a back for example - player withdrawal due to injury in tennis, overtime in ice hockey), meaning that both "​legs" can lose. Bet definition is - something that is laid, staked, or pledged typically between two 3: a choice made by consideration of probabilities your best bet is the back road. bet. verb. bet also betted; betting. Definition of bet (Entry 2 of 3) to lay a bet.