Thursday, July 26, 2012

Some more Terms


      I thought that today we might talk some more about some of the common terms in sports wagering. There are a lot of terms you will hear when talking about sports wagering with experienced gamblers that can confuse you.

      Lets start with a very common term, when you hear gamblers talking about wagering you might hear someone say “I've got “Action” on this game” or asking “do you have “Action” on the game”. “Action” in wagering simply means that you have a bet on that event. You can also use it to tell people that you are willing to take a bet on the game or looking to place a bet on the game.

      You might also hear someone say that their team did not “Cover” the Line, or ask did the team “Cover” the spread. What “Cover” means in sports betting is that the team won the bet by more than the “Point Spread”. So if they say that their team did not “Cover” the Line, what they mean is that the team did not win the game by more than the “Point Spread”.

      We also talk a lot about the “Odds” on the game this is either the “Money Line' or “Point Spread” on the game, these are also called the “Lines”.

      In wagering there are a lot of terms and the “Lingo” can get you confused, just remember if you are talking to your Sports Book and they say something you do not understand then you should ask them what they mean. Never place a bet if you don't understand what exactly is going on or what exactly is going to happen.

      A good example of this is in Baseball, when you place a bet in Baseball the book will ask you if you want to “List the Pitchers”. Now what this means is if you “List” the pitcher, that the pitcher you “listed” must start the game or your bet is canceled and your “Risk Money” is returned to you, but if you did not “List the Pitchers” and there is a pitching change, your bet is still on.

      So if there are some terms you are not sure about, please feel free to leave them in the comments section and I will try to explain them for you.

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