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Online Gambling

Most Important Terms In The Sports Betting World

You will come across many specific terms on the sites of online bookmakers. Many of these terms are taken directly from English countries. The sports terminology can sometimes cause confusion. You don’t want to take any risks when you bet with your own money. So it is in your best interest to know what exactly if those terms mean. Therefore, here’s an overview explaining the nine most important terms of sports betting:

1 × 2 bet

The 1 × 2 bet is the most common type of sports bet, especially in football. You can bet on a win for the home team (1), a draw (X) or a win for the traveling team (2). The chance of winning is therefore 1 in 3 possible outcomes: 33.33%. And not 50%, as many people seem to think.

Accumulator

The accumulator bet is often referred to as ACCA. It is a multiple bet that you win if you win all individual bets. The maximum number of sports bets that you can combine differs per bookmaker. Usually, it is between 10 and 20. The risk of an accumulator is extremely high, but so are the payouts.

Betting Exchange

The Betting Exchange can be compared to a trading floor. Gamblers trade sports bets among themselves. The sports betting (먹튀검증) platform acts as a bookmaker. The Exchange is widely used in Match Betting.

Bookmaker

Freely translated, the bookmaker prepares the book. This means that he determines the heights of the odds for the sports bets. He is also responsible for collecting the bets and paying out winnings. Today, online bookmakers still fulfill that same role.

E-sports

An e-sport is not a real sport. It is a computer game in which players or teams compete against each other. There are tournaments and competitions in which the top players of a particular game compete against each other. Well-known e-sports are League of Legends and Dota 2. You can make sports bets for these imaginative matches with an online bookmaker.

Handicap

As with golf, sports betting with a handicap allows you to give an advantage to one of the two teams. Usually the underdog. A handicap of +1 means that the team with the handicap is automatically 1 goal ahead of the opponent.

Live betting

With most bookies, you can also place a sports bet during a match. This is called live betting. The odds fluctuate constantly as the match continues. According to many, live betting is the most fun way of betting on sports matches.

Odds

A crazy word that you find everywhere at online bookmakers. The odds are the odds you can bet on. In addition to quotes, sometimes also uses quotations in Dutch. The number indicates how much money you can win if you got the bet right.

Underdog

The term underdog is used a lot in the sports world. You call a team or player underdog if it actually has little chance of winning. The odds are therefore always extra high for the underdog.

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