FAQ

Sports betting can be a little complicated when one is first beginning to explore the art. In order to try and clarify some of the confusing jargon, as well as the rules and the basic facts about sports betting we put together a few frequently asked questions that may help you have a clearer understanding of the this hobby. This section will include some explanations of sports betting vocabulary and give you some tips on becoming a successful sports bettor. 

What is the spread?

Where can I find a bookmaker?

What sports can I bet on?

What is a unit?

What is a parlay?

What does the over/under mean?

What are some other types of bets?

How much should I bet?

What is the spread?

When two teams are playing against each other one will obviously be more expected to lose than the other. To make up for these odds in sports betting, a spread is created. The spread considers the amount of points a team is expected to lose by and a grace is given to them. Therefore, if the opposing team does in fact win they have to win by 1 point more than the weaker team is expected to lose by. For example if the spread of the weaker team is listed as -6 then the opposing team must win by 7 points for the bet to win you money.

Where can I find a bookmaker?

The bookmaker that you choose is important and has a great deal of influence over your success rates in sports betting. There are many different ways that you can choose a bookmaker and it is a good idea to explore all your options before choosing your favourite.

First, you can ask friends of yours that are already into the hobby of betting on sports who they use or who they would suggest you set yourself up with. You could also go to venues where sports betting is available and have them set you up with a bookmaker that works there. Another way to find a bookmaker is to search online for bookmakers in your area.

No matter which outlet you choose to find your bookmaker it is important to learn information about them before you choose to start a working relationship with them. Utilize word of mouth as well as internet or magazine reviews as well as speaking to the bookmaker to see which one is right for you.

What sports can I bet on?

Almost all sports can be bet on. Many people believe only the biggest or most popular sports are apt to wagers but this is not the case. You can place bets on team sports like basketball, baseball, or football. Betting on single player sports like tennis or boxing is also possible. Even horse racing, car racing, or golf can be wagered on.

What is a unit?

A unit system helps you to manage your bets based on who you favor to win and how much you favor them. Typically sports bettors have a usual amount that they bet on their favored team. That amount is called a unit. However, there are always circumstances in which you favor a team even more than usual or particularly feel that they will fail. In these cases instead of betting your usual unit price you can bet half a unit, two units, four units, etc. This way it makes it easier for you and your bookmaker to keep business clean and clear but you still have the control on making judgment calls for the team or player you favor.

What is a parlay?

A parlay is a certain type of bet. This sports bet will allow you to obtain much higher payouts than most other types of sports bets. A parlay lets you bet on more than one team or player. If you would rather take the risk and get the higher payout you can make a parlay bet instead of betting separately. However, in a parlay bet, both teams or players that you have picked to win must win their game. If one of the two teams or players loses, then you lose the entire bet.

What does the over/under mean?

When betting on a team or a player you will often see a “U” or O” next to the game posting. This means that both teams are expected to total a certain amount of points. The total is the amount of points scored by both teams or players. In an over/under bet you can wager on whether or not the actual total of the game will be higher or lower than the previously calculated total.

What are some other types of bets?

There are several other types of bets you can make. To learn all about them you should obtain a book, ask your bookmaker, or read our articles section for further information. There are shield parlays, trend bets, round robin bets, hedging, money line bets, proposition bets, and much more. The hobby can get difficult and it is important to start with the basics and then move forward so that you can grasp a clearer understanding.

How much should I bet?

The important thing to remember about betting on sports is that no bet is ever guaranteed. You should never bet more than you can afford to lose or are uncomfortable betting. If you are a beginner it is suggested that you start with smaller bets until you learn more about the process and become more comfortable with the hobby.