Learn Sports Betting Vocabulary - The 1st Step to Make Money Betting on Sports
Many people who have been successful in sports betting for a long period of time try to convince beginners that it is simple. Sports gamblers who are seasoned may say: "Yeah you can get in the action if you bet 10% of your bankroll. The bookie will then receive the opening line, but the oddsmaker might move it to protect his vig. And of course, you'll need to pay attention to the spread. This is basically a handicap used by sportsbooks to make games more competitive from your perspective. It also affects the handle." What? To learn sports betting terminology-the first step to making money betting on sports-just read on. Sports Betting Vocabulary You Need to Know Sports betting is one type of action. Bankroll: This is the total amount that you're willing to risk on your bets. Bookie (as distinct from a business): A person who accepts bets and processes them. Handicap is a term used in the world of sports betting to describe the practice of giving one team, or a