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Ever Wonder What a Prop Bet is for Sports Betting Events?

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Ever Wonder What a Prop Bet is for Sports Betting Events? Props, or proposition bets, are single wagers placed on outcomes that are not directly related to the final score of an event. They are often placed on major sporting events like the Super Bowl or US Open golf major tournament. Many online gambling and …

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What is a Future Bet for a Sports Betting Event?

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What is a Future Bet for a Sports Betting Event? Futures are single wagers placed on the outcomes of future events. For example, a future bet may involve picking the winner of the Super Bowl, the World Series, or the Stanley Cup. NFL future wagers are very popular bets for professional gamblers. A few weeks …

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Explanation of a Pointspread for Sports Betting Purposes

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Explanation of a Pointspread for Sports Betting Purposes The point spread (referred to as the runline in baseball) is the handicap, or head start, that the linesmaker gives to the underdog. Oddsmakers set the odds in hopes of getting bets on both sides of the game. Many oddsmakers create their own power ratings on each …

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What is a Total or Over/Under in a Sports Betting Event?

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What is a Total or Over/Under in a Sports Betting Event? The total is the combined scores of both teams involved in an event. Totals are posted on the betting board for all the major sports at Las Vegas and online sportsbooks. Sportsbook’s juice or also known in sports betting terms as vigorish, vig or …

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What is a Circled Game Mean in a Sports Betting Event?

What is a Circled Game Mean in a Sports Betting Event? Visitors to Las Vegas or online sportsbooks may come across some games on the betting board that will have special rules attached in the betting. Such games will be circled on the betting board. A red box means that the line is “circled” and …

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Betting Odds on Sports Events Explained

In virtually all sports events, one competitor is the favorite, or the team most likely to win, and the other is the underdog. You also hear the favorite referenced as the betting chalk and the underdog as simply the dog. Prior to the launch of the internet sports betting professionals found the best value each …

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When is Sports Betting Games Official for Betting Purposes?

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When is Sports Betting Games Official for Betting Purposes? Games don’t have to go full regulation play for wagers to have action. The best practice that professional sports bettor’s follow is that they read the terms and conditions that are posted at Las Vegas and online sportsbooks. Each sportsbook will have their terms and conditions …

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How Pointspread Errors are Handled by Las Vegas and Online Sportsbooks

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How Pointspread Errors are Handled by Las Vegas and Online Sportsbooks It must be understood that printed odds are for information purposes only and that they are subject to change. Patrons to Las Vegas sportsbooks may come in contact with a line sheet with odds on them. Odds are subject to change as sports bettors …

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When is a soccer game considered official for sports betting purposes?

When is a soccer game considered official for sports betting purposes? Soccer games don’t have to go full regulation for wagers to have action. World Cup wagering has gained increase wagering over the past decade at Las Vegas and online sportsbooks. In America soccer World Cup betting has made itself on scheduled segments of sports …

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What are Added Games on the Betting Board for Sports Betting Events?

Added games are games that aren’t on the regular Las Vegas rotation. They usually involve smaller schools that are harder to gain information on; therefore, they are added later than other lines in the same sport. Such games on the betting board are from college betting sports and professional sports are not part of the …

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When is a Baseball Game Considered Official for Sports Betting Purposes?

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When is a Baseball Game Considered Official for Sports Betting Purposes? Baseball games do not have to be played to completion for wagers to have action. There are 162 regular season games in Major League Baseball with a large majority of games played outdoors. The regular season runs from April up until September and there …

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