Typical Sportsbook Terms
When you first find yourself on a Sportsbook website, you’ll notice many terms that seem happily familiar, but they may be confusing in their usage. If you can understand the terms, then you will enjoy playing either in an online casino or a land-based casino a whole lot more. And of course, reduce the risk of being ripped off!
Reduced Juice: or the Vig is basically the commission the Sportsbook charges to take your wagers. The lower the juice, the less you pay to play. Be careful with those that are offering the lowest juice however. Again, these may be scammers, or simply not very good at their job.
Opinionated Lines: are educated opinions on how the public will be betting. This normally will be the weight for the upcoming bets. This is also a good indicator of are Sportsbook’s reputation. Whilst many take opinions from different sections of the community, it is a brave, or foolish, operator that will seriously buck the trend.
Reload Bonuses: are typical with most online Sportsbooks. A percentage such as 10% or 20% is added to your initial deposit or reloads. Some will even offer a referral bonus that will give you cash credit on other people’s deposits or winnings. Whilst these are a staple of Sportbooks, they can vary considerably, and are subject to change at any given moment. In our Reviews section, we will keep you posted with the best available.
Even Money: is an easy way to begin understanding odds and making bets. The risk and the win are equal. If you bet $1 you will win $1. This is the best approach for the novice, and really helps to be confidence in both yourself, and the Sportsbook you are betting with.
These are of course just the basics, and are meant to give you a great entry into the world of sports betting. In the Next section, you will find out the different types of sports betting that you can take advantage of, and a few hints and tips that will get you ready to make some real money!