Sports betting lingo can be confusing, especially those new to the industry. The glossary below contains many of the most commonly-used terms, concepts and strategies that you will see on this site and across sports betting as a whole. Sports Betting Terms & Glossary. Action – A wager of any kind. John Dillon is a leading member of the UK's sporting media, having spent three decades as a national newspaper soccer and sports writer, broadcaster and author. He has covered five World Cups, six European Championships and was Chief Sports Writer at the Daily Express for 14 years. To learn more about Bitcoin: Step 1: Visit Bitcoin.org, where you'll find a wealth of general information about Bitcoin. Step 2: You'll need to open a free Bitcoin "wallet" before you buy your first Bitcoin. Visit Bitcoin.org for a helpful selection of the most popular and trusted wallets.. Step 3: Click HERE to visit an online directory of Bitcoin exchanges in your country. Situational Moneyline Betting. As you become more comfortable with sports betting and understanding moneyline odds, there are a variety of scenarios that may arise that aren’t as common as the examples above. Let’s explore those: No Obvious Favorite. When betting on moneylines, not every matchup will have a clear favorite or underdog. Home » Sports Betting » Beginner's Guide » Odds » Moneyline. Calculating Payouts From Moneyline Odds. In the United States, most bookmakers use the moneyline format to express the odds they offer for wagers. Thus, moneyline odds are also commonly referred to as American odds. They can be either a positive number or a negative number.
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