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- name and location
- knowledge of betting: fantasy football basic know some terms
- why did you take the class: work with a company called game on
- what are you a fan of: padres and chargers
- not legal sports betting because of native American tribes
- pick em: no one is a favorite
- bet types: money line, spread and total
- Push: if the spread leads to a tie: you get your money back
- if you beat the spread you win money
- sports betting cause excitement to blowouts
- calculation profit on favorite
- risk amount/ odss/100 = profit on favorite
- risk amount * (odss/100)= profit
- money line only for win lose
- the juice: how much the betting house profits for a bet or tax fro bet
- rotation numbers: identify a wager
- 10 to 1 the 10 indicates the amount your wager will win the 1 indicates the amount you must risk
- a unit is a measurement of the size of your bet as a percentage
- $10,000 for project
- watch billy walters
- less % of bets but more % of money: sharp bets
- other popular bet types
- parlay: allows you to combine multiple bets to earn a higher payout
- if a leg pushes on a parlay the bet gets eliminated
- future: watch a game and place bets on the same platform
- teaser: adjust a parlay
- round-robin: building small parlays instead of one big parlay so you can cover all possibilities
- cash out: take your money out for a reduced payout
- chalk: favorite
- over under of a combined score for a league
- dime: $1000 bet
- nickle: $500 bet
- wise guys: expert better
- 1x2: win-lose-tie bets
- horse racing bets has a pot that affects the odds
- book maker ( bookie) pays off bets on sports betting and other events at agreed upon odds
- Australia: in some betting via phone only much of global lines originate in china
- lines are released to a small group which sets the line to the rest of the world
- syndicates don't usually work together
- para-mutual wager: odds that is affected by the pool of money
- sports betting licenses: UK, Gibraltar, nalta, isle of man
- self exclusion: telling a book maker to exclude yourself
- bet 365 will be massive in US
- Exchanges: betting against someone not a house
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ReplyDeleteHappy to see this kind of tips, simple but it rocks most especially for online egames players like me.
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