#Probability race who will win out of 5 full#

Decimal Oddsĭecimal odds are odds of an outcome expressed as a decimal number. When this occurs, the team 'covers the spread'. The act of winning by enough to beat the Point Spread.

#Probability race who will win out of 5 full#

Correct ScoreĪ bet placed on the exact score of a match or event at full or part time. The favored team or athlete, also known as the favorite. The Cash Out feature gives you the opportunity to cash out a bet before the outcome is decided, allowing you to secure part of your winnings or to cut your losses. When a bettor takes a different price (odds) in order to get a different line (spread or total) on a game.

A Sportsbook is an establishment that accepts wagers on sporting events. Each bet receipt will provide confirmation of selections, odds, results, and a unique identifier to help distinguish one bet vs another. Bet ReceiptĪ bet receipt is the confirmed 'ticket' of a placed bet. The Bet Slip is an area containing selected picks and where you enter your wager amount(s) before confirming your bet(s). The Bet Slip is the 'cart' of a Sportsbook. Bad BeatĪ tough loss on a bet that appeared to be won before a turnaround in a game or contest. The act of covering the Point Spread with late 'meaningless' points being scored. ATSĪTS stands for Against the Spread, is a term used for the result of an event when it takes the Point Spread into account. With American odds, the wagered amount is added to the payout after the initial calculation. If the odds are +110, it means if you wagered $100 you would profit $110. If the odds offered on a particular selection are -110, that means in order to ( profit) $100, you would need to bet $110. American OddsĪmerican Odds reveal the amount you must wager or can win on any selection based on $100 increments. For example, 'all action' means every bet will be settled, regardless of outcome. It can also refer to how bets are settled. Term for the amount of bets placed on a game or sporting event.