Understand all the terms
Do you understand all of the terms used by an online baseball sport book? Take the time to find out to level the playing field.
If you are new to the area of sports betting you may be confused by some of the jargon you will run across when making a bet with a baseball sport book. To make sure you maximize your success it is a good idea to be sure you understand the different terms you will run across.
Action-This refers to any type of betting activity. When you make a bet through a baseball sport book you are getting in on the action.
Handicap-Refers to giving one team an advantage in order to level the betting.
Handle-Refers to the total amount of money that is wagered on specific events.
Money line-One of the most traditional and simplest types of bets offered by a baseball sport book. Offers bettors the opportunity to wager on the straight-up outcome of the game with no consideration for point spreads. A great option for individuals new to betting on sports.
Sport book-This is an establishment which takes bets; also sometimes known as a book. While individual bookies were once quite common, today many bettors get in on the action using an online baseball sport book.
Juice-Refers to the percentage of all bets that is taken by the sport book as a profit. Juice is also referred to as vigorish and vig. Generally the vig is figured into the odds; although sometimes a sports book will take a straight percentage of the handle.
Understanding the terms most commonly used by sport books will allow you to be better educated and prepared when you are ready to get in on the action.
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