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What Does Rundown Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
If you've ever talked with a mechanic and listened to them rhyme off a bunch of car parts, car part functions or car details you know absolutely nothing about, the chances of you actually retaining the information they are giving you is slim to none. You are likely standing their cold-faced, nodding in agreement to pretty much anything they say. The same can be said when a novice better is being given the rundown of the action available for wagering on any given day. They may understand bits and pieces but the amount of info they actually retain is limited. Read More >>
What Does Runline Mean In Baseball Wagering and Sports Betting?
by Doc's Sports - 10/11/2014
Winning a game in a professional sports league of any kind can be difficult for even the best teams. Very few teams have gone through a season undefeated (only NFL Teams) and even then, not every win is as easy as teams hoped they would be - even the margin of victory is sometimes too close for comfort. Unfortunately for bettors, teams don't care how they win or by how many runs, goals or points, as long as they win the game. Read More >>
What Does Fade Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
In my experience betting on sports, not once have I heard someone say that betting on sports is easy. Sure, everyone has their hot streaks where no matter who they bet or what sport they are focused on, they do nothing but cash tickets and let everyone know how hot they are. But with every good streak comes a bad streak. Read More >>
What Does Listed Pitchers Mean In Baseball Wagering and Sports Betting?
by Doc's Sports - 10/11/2014
In today's world, online shopping is all the rave. Sites like eBay and Amazon have taken the world by storm and people do whatever they can to avoid setting foot in a retail store. Unfortunately, there will be times where you receive your order and it's completely wrong or it looks nothing like you saw in the picture. Thankfully, you have the ability to get your money back and try again. To put that situation into sports betting context, let's talk about baseball. Baseball offers a unique bet called "listed pitchers" where your bet only goes live if the listed pitchers start the game. If not, just like Amazon, you will get a refund. Read More >>
What Does Long shot Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
Have you ever found yourself stuck in the middle of two bickering friends, both of whom have a completely different side of story? If you have, I'm sorry, but the right or wrong, fact or fiction details of the problem is usually a grey area and it's up to you to figure out who to believe. In sports betting, there are two sides to every game and it's very easy to determine who the favorite and underdogs is. Generally speaking, favorites and underdogs are separated by a few things like the rosters, current form or home/road splits. In some cases, underdogs can reach "longshot" status over a number of different things. Read More >>
What Does Middle Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
If you think it's hard enough winning a single point spread bet on the NFL, you are not alone. If I told you that some handicappers live for and are good at winning two point spread bets on the same game while betting both teams, you'd shake your head at me in disbelief. First, yes, it's possible. Second, its very hard to do and most of the time it happens by fluke. However, pulling this off will earn you more kudos than winning a four or five-team parlay bet. The act is called "middling" a line and here's what it means. Read More >>
What Does Moneyline Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
Before we had the options of wagering on future bets, parlays, teasers, alternative lines, Asian lines, prop bets and each-way, there was one betting option that reigned supreme. It was the money line bet. From a non-gambling perspective, winning a game in any sports will make a team happy. However, depending on the score, that win may not please bettors. That's because the point spread betting option has taken over as the popular option, leaving the money line far behind. If you are the kind of person who bets on your favorite team each and every game, this is the bet for you. Read More >>
What Does Move The Line Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
It doesn't matter whether you are a novice bettor just learning the ropes or a serious bettor who has been in the industry for 20+ years, losing a bet by half a point is the most frustrating way to lose. Depending who you talk to, some say that if your bet loses by half a point, it is the bettors fault for not buying points and moving the line. By buying points, you are helping yourself get the best number possible, especially when you are moving the line through key numbers in football or basketball. Doing this can turn a push or loss into a win more often than you can imagine. Read More >>
What Does Push Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
When you hear someone use the term "push" they are referring to the result of game or event that ends right on the listed point spread or finishes in a draw. Pushes are the most common in sports that use the point spread like basketball and football. However, a push can also happen when betting on certain run lines in baseball or spreads in soccer. Read More >>
What Does Scratch Mean In Horse Racing and Sports Betting?
by Doc's Sports - 10/11/2014
There are all sorts of reasons that a horse can be scratched from a race. First off is because of a decision by an owner or a trainer. Sometimes a trainer will enter a horse in two or more different races at the same time, and then wait until closer to the day of the race to decide which one sets up better for the horse. Other times, a trainer will scratch a horse if the conditions of the racing surface aren't going to be ideal - like if rain has made a turf course too soft for a horse to run his best, for example. A trainer could also scratch a horse if they aren't happy how the horse has trained leading up to the race, or if they have concerns about his health and readiness. Read More >>
What Does Sides Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
When it comes to pretty much any topic in life you will likely be on one side or the other. Pineapple on pizza, yes or no? Mustard on hotdogs, yes or no? Should a hot dog be considered a sandwich? And the list of yes or no questions goes on and on. However, these kinds of questions can be debated about until the cows come home and there really are no right or wrong answers. In sports betting, being on a particular side is usually black or white. You're either on the right side and you win your bet, or you're on the wrong side and lose it. Read More >>
What Does Single Action Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
In today's world, convenience is king. Being able to do something without having to exert any extra time or energy is how most millennials live their life. However, being a successful handicapper is far from convenient. The amount of time and energy all great handicappers put can't be measured because it never stops. They are always looking for their next move and always looking for the right opportunity to maximize their profit. The "single action" betting option offers some semblance of convenience. This is a great bet if you know you are going to be away from the sportsbook or computer for a time period and can't get your bets in. Read More >>
What Does Sportsbook Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
The sports betting term "sportsbook" refers to a company, or even just a single person, who accepts bets on sports. They will take your bets and pay you if you win. They take a commission on winning bets. More formally, sportsbooks can be known as race and sports books. In Europe and elsewhere they are known as bookmakers, which can be shortened to bookies. In North America we'll frequently refer to sportsbooks as just books. Read More >>
What Does Square Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
In order to become one of the heavy hitters in the sports betting industry, you must start out at the bottom and work your way up, earning respect and tailoring your betting methods along the way. Once you become established and can prove a solid winning percentage to your peers, you can shake the moniker of being called a "square" and graduate to a "sharp." However, this switch doesn't come easy. Everyone thinks they can be the next best gambler, but in reality they are all just "squares" betting high-priced favorites and playing four or five-team parlays. Read More >>
What Does Steam Move Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
In sports betting, blindly tailing a sharp or betting syndicate may seem like a great idea since they are perceived to "know what they are doing." However, doing so is usually a solid way to drain your bankroll since you do not have key pieces of information as to why they are doing it. A "steam move" is something sharps and betting syndicates use for a number of reasons, including profit and to create a new line to bet into. As a new bettor, you never wanted to be fooled by a false "steam move" and find yourself on the wrong side of a game. Read More >>
What Does Value Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
If you've ever been to a store during one of their huge "sales" you are often times looking to buy products at a discounted price. Buying at a discounted price not only saves you money, but it gives buyers a chance to feel like they got plenty of value for the money they spent. The same can be said in the sports betting world. Value is one of those things that bettors chase and live for. If they see value in a certain play, they are absolutely going to play it. If not, they may wait until another opportunity with the same value presents itself - much like waiting for something to go on sale again at a different store. Read More >>
What Does Wager Mean In Sports Betting?
by Doc's Sports - 10/11/2014
Don't over think this one. A wager is just a slightly fancier way of saying the word bet. Nothing more, nothing less. When you wager on something, you are always risking a certain amount of money - or anything else for that matter (i.e. case of beer) - on the outcome of an game or event that hasn't yet happened. Read More >>
What Does Whale Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
One would think that if a gambler had an endless supply of money to bet with and constantly wagers five or six figures per game, they would have a nickname that sounds a bit more appealing. Instead, these walking ATM's have the dubious distinction of being called a "whale". I guess when you are rich, it doesn't matter what your nickname is, but I have to believe there are about 20 other nicknames that would be more appropriate for someone who drops $100,000 on a game and doesn't even think twice about it. Read More >>
What Does Wise Guy Mean In Sports Betting?
by Doc's Sports - 10/11/2014
Without getting to philosophical or anything, the world will always have leaders and followers. It's just human nature. Some people are born to go against the grain and question the status quo while most are content with just floating downstream to avoid rocking the boat. In the sports betting industry, it is no different. The leaders are the ones making smart bets and getting the sportsbooks to react to their action, while the followers are usually mixed in with the general betting public and stuck betting on favorites with terrible lines and odds. In the sports betting industry, we call the aforementioned leaders "wise guys" and we call the followers squares. Read More >>
What Does Double Bet Mean In Sports Betting and Wagering?
by Doc's Sports - 10/11/2014
We live in a society where greed and the desire to make as much money as possible is the new norm. In the sports betting industry, it is no different. Bettors are very rarely satisfied with a modest 1-0 or 2-0 day, while profiting a small amount. Instead, we have terms like "double bet" where bettors decide to risk more than they normal would on a single bet and try to increase the bankroll with one big payout. If they are successful in doing so, great. If not, the bankroll suffers a major hit and it'll be much harder to make up the lost money. This is why bettors should tread carefully when thinking about making a "double bet". Read More >>
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