Sports betting: what you need to know?

World of translation : Sport
, 22:52

Online sports betting can be very interesting, and the most important thing is that you have a real chance to win a lot more than you originally invested. And action, is not superfluous to read sports predictions. By the way , football, tennis etc you can find on the website


What is sports betting?

Betting on sport is a form of gambling that involves placing bets, also known as BET on the outcome of sporting events. The main objective of sports betting is to win additional money. With the exception of bets on the spread , betting draws, and several other examples, the rate will be 2 possible outcomes:

  1. or you earn a profit based on the odds of the bookmaker;
  2. or lose the bet.

Betting on sports can be associated with the results of matches or tournaments, as well as events occurring during matches. For example, in a football match between Arsenal and Chelsea, possible bets include, for example:

  • the victory of Arsenal over Chelsea ;
  • an Arsenal win with a score 2:1;
  • an Arsenal win by a margin of 1 goal;
  • the leading Arsenal in the first half;
  • that a particular player will score a goal.

the Company provides sports betting services can be called a bookie (bookmaker, bookie, sportsbook) or by the betting Agency. Service providing a market in which the coefficients are set, is called a betting exchange. A customer making a bet can be called "player".

When you place a bet on a particular outcome, it means you support this result. For example, if you bet on Arsenal to beat Chelsea , you support Arsenal . Bookmakers you can only confirm the result, betting exchanges allow you to bet "for" and "against" a particular outcome. "Selection" is called a "lay bet". For example, you can bet against tiger woods to win the Golf tournament. Your bet on the winning play, wins if anyone except tiger woods, and loses if tiger woods wins the tournament.

One of the differences between sports betting and gambling in a casino is that the probability of winning in sports betting is unknown - they are only estimates. Unlike casino games where the house edge is known in advance. In order to bet on sports played need to carry out various analytical studies, because the true probability of each possible outcome we can only guess.

Translated by "Yandex.Translate":

Author: World of translation
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