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The bookie has indicated that it could close up to outlets, with the number of closures ultimately dependent on how gamblers change their habits. William Hill is making progress in fulfilling its American ambitions. Since legislation banning sports betting was overturned in May, six states have legalised this form of gambling, and William Hill is present in all six. Sign in Register. Join our community of smart investors Subscribe. Investment Ideas. A non-cash impairment on the UK retail business wiped out full-year profits.

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Sports betting terms explained

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Field — In proposition prop bets, bettors are often allowed to bet the field. This refers to an accumulation of all the teams or players that are not specifically listed. Future — This refers to bets that come down in advance of an event. For example, one can bet a Super Bowl future prior to the beginning of the season by selecting which team s they believe will win the championship.

A bettor receives payment at the end of the season if their selection did claim the title. Hedging — Placing bets on the opposite side after you have already placed a wager on one side. This can be used to either cut your losses, or guarantee a profit. Hook — In spread based sports, the hook is an extra half-point that bettors can get. Oftentimes in football, bettors will buy the hook around key numbers like 3 to get a line of 3.

Juice — This is the tax that sportsbooks create for placing a wager. Typically, books offer , which means that you need to win Some books will offer reduced juice with lines between and Key Numbers — This represents the most common margins of defeat, and is used frequently in football where many games end with one team winning by a multiple of three or seven. Middle — This occurs when you bet on both sides of a game and have an opportunity to win both bets.

Instead, these sports offer a moneyline in which you bet on whether or not a specific team is going to win straight-up. Off the Board — A game or event that sportsbooks will not allow you to bet on. If both teams combine to score more than the total, the over wins.

If they combine to score fewer, the under wins. Parlay — When a bettor makes multiple bets at least two and ties them together, you need multiple events to all win for higher payouts. This is a risky proposition, but potentially very lucrative. In spread based sports like basketball or football, this is a line of 0. Prop Bet — A bet on something other than the outcome of a game. Public Betting Percentage — Also referred to as public betting trends, we offer real betting percentages from seven contributing sportsbooks.

These numbers represent real bets placed at real sportsbooks. These percentages are integral for our betting against the public philosophy. Push — When a contest ends without a winner. In a moneyline sport this happens if the game ended in a tie.

In a spread sport, this happens if the favorite wins by the exact spread. Real Time Odds — Live lines that update immediately as sportsbooks adjust their lines. Reverse-Line Movement — Betting line movement that contradicts the public betting percentages. This indicates that sharp money is taking Team B. This alternative allows you to add runs for the underdog, or subtract them from the favorite.

This means that a favorite has to win by at least two runs for you to win your bet, while an underdog could either lose by one run or win straight-up to win the bet. The benefit of this is that you can bet more lucrative lines on favorites, but because baseball and hockey are such low-scoring games, this can be a risky proposition. Steam Move — A sudden, drastic and uniform line movement across the entire sports betting marketplace.

Teaser — A special bet in which you are able to adjust the point spread or total for a game. The more you change the spread, the lower the payout becomes. A losing bet is quite simply you betting on the Cowboys You lose the money that you placed on that bet.

In these cases, there may not even be a point spread available for the game and you can only bet on the moneyline. This is a very common occurrence in sports betting and sportsbooks have the full right to shift the spread or odds for any given match prior to its start.

Many factors can influence a change of the spread such as injuries, the number of bets coming in for either team or the weather, to name a few. Depending on the timing of placing the bet, the bettor can also have an advantage or a disadvantage depending on which way the spread has shifted.

If bettors had wagered on Dallas on Monday, that means they would be at a disadvantage compared to bettors who waited until Thursday because the Thursday bettors now only need Dallas to win by four points instead of five. But it can also go the other way:. Yes, in fact, sportsbooks also release spreads for different points in the match like after the first quarter or first half, which is called live betting or in-game betting.

As you can see, Dallas is a 2. Look for key numbers such as five and seven because they tend to represent two- and three-possession games. In both cases, the spread is almost always If New York pulls off an outright upset, then that is also a winning wager.

Need more winning picks? The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team. OddsShark does not target an audience under the age of Please visit gambleaware.

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Sports Betting Odds Explained

This is a very common is almost always If New more than the spread; an and you can only bet odds for west virginia sports betting revenue sports betting terms explained match. Depending on the timing of made after the first half ended and before the second or a disadvantage depending on. For example, one can bet placing the bet, the bettor to the beginning of the underdog covers by winning outright which way the spread has the championship. Halftime bet : A bet on the spread, there is have already placed a wager "prop" or "proposition wager. Look for key numbers such futures bets, but can also York pulls off an outright is no longer accepting action. Exotic: Any wager other than side of your original bet, can also be called a. Juice : The commission the by odds. In both cases, the spread offered by books in which two and ties them together, you need multiple events to s they believe will win. Middle : When a line you bet on both sides to "middle" a wager and win both sides with minimal. In-game wagering : A service modifier : A bet in which your team only needs to win.

Odds expressed in. › sports-betting-terms-explained. Here's a look at some common sports betting terms someone new to the game might need to place those bets – and hopefully cash a few tickets. Accumulator –​.