Sports Betting Lingo 101

Sports betting had been a part of our daily lives, admit it or not. It is legal in all countries. What we don't know, however, is that many people still have questions about betting. Placing a bet is not easy. Sports books have their own terminology and systems. Figuring out how to bet well enough to make some money is another matter entirely. How are the odds determined? Who decides the line? How much time must you win to break even? This article will help you to understand the terminology of betting and odds-making. It will also show you how this one of my favorite pastimes can make you a lot of cash if you're a good gambler. Here are some of the most used Sports lingo that you should know.

Action - Action is simply betting activity. Phrases such as "I want in on the action" or "Show me where the action is" come from this term. Since betting on sports is illegal in many places, you can't always look up your local bookie in the phone book.

Handicap - In sports betting, "to handicap" is to give one team a points advantage in order to level the betting field.

A sportsbook is a place that accepts bets.  Pokerlounge99 Also known as a book, or sports betting website. An individual who takes bets is a bookie.

Juice - This is the percentage of all bets taken by the bookie as profit. The juice is also known as the vig, short for vigorish. Bookies may take a percentage of the handle at times, but more often the odds include the vig.
Handle - The handle is the total amount of money wagered on bets. Super Bowl betting generates the biggest handle of the year for most bookies.

The spread - The point spread is used in high-scoring sports like football and basketball. It is basically a handicap used to make all games competitive in the eyes of bettors. Spread gives one team an advantage by a few points. The standard notation for the spread shows the favored team as the first, then a negative number (the actual spread). Capital letters are used to indicate the home team.

If you do it right, sports betting can be very lucrative. You only need to continue learning about sports betting and reading sports betting materials. More knowledge about it can mean more winnings to you, so good luck and bet on!