Universal sport evolves every day, and with it, the world of Gambling grows exponentially. Today, the variety of options and forecasts that you can make is incredible from the comfort of your home, the street, or a physical establishment such as casinos or betting houses. That is why if you plan to enter this world or start to make your first plays, you should read this article.
Any excess or what can become a vice is negative. However, we must not demonize the world of Gambling, since it is important to set limits.
Part of the “rules” that we advise you to do is do it for fun, never out of necessity. Bet on a budget that you have to spare, determine a certain periodic amount that does not affect your economy.
Gambling has always existed in the history of mankind; Investments in the Stock Market are an example, even paying for insurance on your car can be too. That is why if you want to give more excitement to your passion for sports, do it in a responsible, measured, and conscious way.
Whether in physical establishments or online, Casinos or Betting Houses are regulated sites with permits for you to play legally and safely. Each site or “Bookmarker” is different and offers various advantages or disadvantages, depending on which one suits your sports needs or preferences. According to the Betting Market, we recommend that you read the analysis and particularities that each “Bookmarker” has.
Yes, completely. In an established or physical site, you can do it in cash and also collect your earnings in that same place. Some establishments have different screens so that you can follow the transmission of your favorite matches live.
If you prefer online, it is important that you correctly fill out each of the requirements that they request since it is for your safety and trust. Each site has different requirements, which you must meet, starting with being of legal age.
Deposits and payments on these online sites can be made in convenience stores, banks, and various applications.
The Bet Line is the point that determines the parity and condition of each match. All games are different, and there will always be more favorite teams than others, so you must do it on a specialized site if you are going to bet.
On the Handicap Line, the favorite team will have a Minus sign (-) and a number. That number determines the number of points, runs, or goals by which that team must win. Otherwise, the non-favorite team, or “Underdog”, will have the plus sign (+) next to a number, which determines the runs, points or goals that it has an advantage.
In the Result Line, under the “American Line” format, the favorite will appear with a Minus sign (-) preceded by an amount, which means the value you must bet to win 100. For its part, the Underdog team will appear under the plus sign (+), a figure that you would win if you bet 100.
Finally, the Total Line is the sum of points, goals, or races expected to occur in a given game between the two teams or athletes.
Las Vegas Casinos are a benchmark, but each site also has its statesmen specialized in sports, called “Oddsmakers”. Oddsmakers determine how favorite is one team over another, and based on this, the probability each has of winning, or in the case of Soccer, that a tie is generated.
Based on the antecedents between both teams or athletes, the current pace or streak with which they arrive, the absences or injuries they present, the weather, the referees and other factors such as the obligation or need for a good result, the statistical or mathematical probability. Once this is achieved, the amount by which a team is Favorite or Underdog is set.
Take into account that the lines are modified and sometimes vary between one place and another; this depends on the supply and demand (if a team is bet more money, it begins to take advantage or be more favorite). There are also factors such as important team news, which can change the odds substantially. Some variable formulas and algorithms determine the Bet Lines, and therefore, each team’s odds to win.
Soccer Football is sport number one, and that more money moves for decades in betting, for most bettors.
Due to the enormous number of games that are daily for seven months, soccer is the sport that produces the most tickets or plays per year.
Others, such as Basketball, are generating more and more interest and what to say about American football; although it is more complex to hit the mark when handling the tie option, it is the number one sport due to its passion in some countries.
Other leagues such as NHL Hockey have proven to be one of the most regular and best paid for tipsters; however, its low diffusion and roots in the Latino fans do not make it one of the favorites and popular to bet on.
Each site has different rules, but most can be done from the equivalent of 50 cents, 1 dollar … and up to several thousand of them as a cap. In the Betting Market, you can check the particularities offered by each bookmarker; it is specified.
Betting Glossary
To further familiarize you with the world of Gambling, we present to you the meaning of the most common words you will encounter.
- Simple or Direct Bet: It is a bet on a single match, with the option of going with the home, the visitor, or the tie. It is also known as the Right Bet.
- Combined or Parley Bet: In a single ticket, several plays are involved in obtaining a greater profit, but with the condition that all must be won. They can be from 2 to 15 options.
- Long-term or Future Bet: A bet that is made in favor of an athlete or team to become a tournament champion before it starts.
- Bankroll or Bank: It is the amount of money you have to bet. It is the balance you manage.
- Book: A Sportsbook is a site or betting house; it is generally known more like this when it comes to a physical establishment.
- Cash Out: The houses’ utility is to close a bet before the end of the event. This varies by site.
- Quota: It is the benefit obtained by winning a bet.
- Draw, invalid bet: It is used for Soccer, where the bet is canceled to end the match in a draw.
- Freebet: They are the free bets that each site manages to promote itself among the tipsters.
- Funbet: It is a Parley where you bet little to win a lot since it is about placing several bets and unlikely options for a maximum profit.
- Asian Handicap: It is used mainly in Soccer or Baseball, where it can be Whole (-1 or +1), Medium (-0.5 or +0.5), or even Quarters (-0.25 or +0.25). It has the function of granting or receiving goals and advantage runs.
- Goal Line or Run Line: When betting for or against a solid candidate team to win a match and has a career or goal advantage/disadvantage. The favorites in Soccer must win by more than one goal, and in the case of Baseball, for more than one career.
- Favorite: Virtually all sporting events have a Favorite, who will pay less in Bets if they win.
- Underdog: On the other hand, it is the team or athlete that is not a favorite, and that for each unit wagered, you will obtain greater benefits if it is a winner.
- Handicap Line, Spread, or Point Line: It is generally used in American Football or Basketball. They are the points of advantage or disadvantage that each team receives to find the balance or parity. In our analyzes, we also handle it as L-APS (Line of Bets).
- Result Line or Money Line: The “Moneyline” that Americans use in the odds that you will obtain under a Line of 100. If the sign is (-), it is the amount to bet to obtain 100 of profit, with the sign of (+ ) is the amount obtained per 100 invested.
- Total Line or Goal Line: The Total Line is the sum of goals, points, or runs between the two teams, with the Over and Under.
- Over or High: When we predict that a match will have more runs, points, or goals than the Total Line indicates.
- Under or Low: When we play, an event will add fewer runs, points, or goals on the Total Line.
- Decimal Line: It is the Line under which the majority is the best in Europe. This is a numerical representation of the potential winner of the bet, including the amount wagered. It is calculated by multiplying the amount you want to bet by the fee.
- American Line: They are handled with a positive or negative sign under the signs of (+) or (-). The negative indicates the amount you must bet to win 100, the positive the amount of profit in investing 100.
- Odds: It is the same as the quota, the amount to win for each bet. It is also handled with Fractional Lines closely related to Box fights, such as 5 to 1, 5 units won by one invested.
- Live Betting: These are the events in the betting houses you can bet while a sporting event is in progress. Odds or Lines are modified each time the ball or the action is on pause (corner kicks, completion of an inning, end of a quarter, half time, etc.).
- Oddsmaker: They are Bet Lines’ creators, statesmen specialized in sports who handle formulas and algorithms.
- Overbetting: As its name says, it is a term that is used a lot in poker, and it is betting on more, amounts that are not recommended, since we do not lose sight that the Bets must be for entertainment.
- Payout: The “Ratio” with the percentage of profits that the betting house pays to the tipsters, and each one handles different amounts. Some sites are left with a slightly higher percentage than others, which even depends on how popular an event is.
- Rollover: Most of the bookmakers that give away welcome bonuses have a “Rollover”, conditions that you must meet to withdraw the winnings that were obtained strictly for that bonus. It is generally linked to wagering minimum amounts to access the bonus. If a bonus appears “Rollover Free”, it is good news for bettors, as that money will not be “conditional”.
- Scorecast: They are bets in Soccer that combine the bet on the exact result and the first scorer. It isn’t easy to win, but it has excellent odds.
- Stake: It is the risk that a tipster assigns to each of his bets and is closely linked to the Tipsters’ advice. Depending on the confidence you have in each action, it will be the percentage played or bet. It is quantified from 1 to 10; the higher, the greater chances, in theory, it has of winning.
- Tipster: It is a bettor who shares his tips with other bettors, either for free or through payment. In short, an “advisor” or also called a “broker”.
- Trading: It is a practice of buying and selling bets by users with the exchange sites themselves; this must be before the event’s end. It is like a Stock Market with buying and selling of shares.
- Value: It is the value of a bet or plays to see if it is worth it. It is said that an odd in Decimal below 2.0, or American Line greater than -110, is not so attractive.
- Void: It is a void or unresolved bet, either due to one circumstance or another of the matches.
- Yield: The economic performance is expressed in percentage, which is obtained multiplied by 100 the net profit or loss in a certain number of bets. Tipsters must handle a transparent Yield since it is about its effectiveness.
