If you want to learn how to place bets and how to win then you must first learn the vocabulary of it. Betting vocabulary is even the first step which you should learn before placing bet. If a person doesn’t know the basic terms which is used during the bet then you can’t play the game successfully.
Action is the term which can be used for any type of betting activity. It also includes sports betting. The total money which you are willing to lose comfortably in the sports bet is Bankroll. The individual which processes and accept the bets is known as Bookie. The total amount of money which is placed for bet is called as handle.
To level the online sports betting field, a score or point advantage to the opponent team is known as handicap. It is given within the sports betting field. Handicapping is the practices of predicting in advance the result for the purpose such as betting against the spread points. All bets on the favored team will lose and the favored teams which won by the spread points will still win the game.
The point spread is usually a handicap and used in the high scoring sports, namely, football and basketball. This is done to make the game more competitive then perspective of the bettor. A business organization which processes and accepts the bet is known as sports book and those who constantly research and study sports and set money line for it.
Money line is the substitute word for point spread used as a sort of the handicapping method. The amount of money which is charged by the sports book or bookie for the services they provide as a profit is known as juice.