1 1 Meaning In Betting

A fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager (in addition to receiving your dollar back, i.e. $1 – the amount you wagered). Ov st 1.5: minimum of 2 goals in second half only: un st 1.5: less than 2 goals in second half only. 1-2goals minimum of 1 goal maximum of 2goals. 1-3goals minimum of 1goal maximum of 3goals: 1-4goals minimum of 1 goal, maximum of 4 goals. 1-5goals minimum of 1goal maximum of 5goals: 1-6goals minimum of 1goal maximum of 6goals. Acronym meaning “Against the Spread.” Betting on the outcome of a sporting event as it relates to the point spread, as opposed to betting “straight up.”. Chicago Bulls -1.5. Miami Heat +1.5. This means that sportsbooks believe that the Chicago Bulls have a higher probability of winning the game over the Miami Heat. Setting the line at just 1.5 does mean that these two teams are extremely close. This is what is called a “spread” bet, or “betting against the spread.” This is a very common. 1/4: For every 4 units you stake, you will receive 1 unit if you win (plus your stake). 1/2: For every 2 units you stake, you will receive 1 unit if you win (plus your stake). Sometimes you will see Evens or EVS displayed. This is the equivalent of a 1/1 fraction. Again it means the horse in question is expected to win the race.

Action: Having a wager on a game.

ATS ('against the [point] spread'): If a team is 5-2 ATS, it means it has a 5-2 record against the point spread, or more commonly referred to simply as the 'spread.'

Backdoor cover: When a team scores points at the end of a game to cover the spread unexpectedly.

Bad beat: Losing a bet you should have won. It's especially used when the betting result is decided late in the game to change the side that covers the spread. Also used in poker, such as when a player way ahead in the expected win percentage loses on the river (last card).

Beard: Someone who places a wager for another person (aka 'runner').

Book: Short for sportsbook or bookmaker; person or establishment that takes bets from customers.

Caesars online bonus code pa. Bookie: A person who accepts bets illegally and charges vig.

Buying points: Some bookies or sportsbooks will allow customers to alter the set line and then adjust odds. For example, a bettor might decide he wants to have his team as a 3-point underdog instead of the set line of 2.5. He has then 'bought' half a point, and the odds of his bet will be changed.

Chalk: The favorite in the game. People said to be 'chalk' bettors typically bet the favorite.

Circle game: A game for which the betting limits are lowered, usually because of injuries and/or weather.

Closing line: The final line before the game or event begins.

Consensus pick: Derived from data accumulated from a variety of sportsbooks in PickCenter. The pick, and its percentage, provides insight as to what side the public is taking in a game.

Cover: The betting result on a point-spread wager. For a favorite to cover, it has to win by more than the spread; an underdog covers by winning outright or losing by less than the spread.

Dime: Jargon for a $1,000 bet. If you bet 'three dimes,' that means a $3,000 wager.

'Dog: Short for underdog.

Dollar: Jargon for a $100 bet. Usually used with bookies; if you bet 'five dollars,' that means a $500 wager.

Edge: An advantage. Sports bettors might feel they have an edge on a book if they think its lines aren't accurate.

Even money: Odds that are considered 50-50. You put up $1 to win $1.

Exotic: Any wager other than a straight bet or parlay; can also be called a 'prop' or 'proposition wager.'

Favorite: The expected straight-up winner in a game or event. Depending on the sport, the favorite will lay either odds or points. For example, in a football game, if a team is a 2.5-point favorite, it will have to win by three points or more to be an ATS winner.

What Is 1/1 In Betting

Fixed: A participant in a particular game who alters the result of that game or match to a completely or partially predetermined result. The participant did not play honestly or fairly because of an undue outside influence.

Futures bet: A long-term wager that typically relates to a team's season-long success. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season.

Halftime bet: A bet made after the first half ended and before the second half begins (football and basketball primarily). The oddsmaker generally starts with half of the game side/total and adjusts based on what happened in the first half.

Handicapper: A person trying to predict the winners of an event.

Handle: The amount of money taken by a book on an event or the total amount of money wagered.

Hedging: Betting the opposing side of your original bet, to either ensure some profit or minimize potential loss. This is typically done with futures bets, but can also be done on individual games with halftime bets or in-game wagering.

High roller: A high-stakes gambler.

Hook: A half-point. If a team is a 7.5-point favorite, it is said to be 'laying seven and a hook.'

In-game wagering: A service offered by books in which bettors can place multiple bets in real time, as the game is occurring.

Juice: The commission the bookie or bookmaker takes. Standard is 10 percent. Also called the 'vig/vigorish.'

Layoff: Money bet by a sportsbook with another sportsbook or bookmaker to reduce that book's liability.

Limit: The maximum bet taken by a book. If a book has a $10,000 limit, it'll take that bet but the book will then decide whether it's going to adjust the line before the bettor can bet again.

Lock: A guaranteed win in the eyes of the person who made the wager.

Middle: When a line moves, a bettor can try to 'middle' a wager and win both sides with minimal risk. Suppose a bettor bets one team as a 2.5-point favorite, then the line moves to 3.5 points. She can then bet the opposite team at 3.5 and hope the favorite wins by three points. She would then win both sides of the bet.

Money line (noun), money-line (modifier): A bet in which your team only needs to win. The point spread is replaced by odds.

Mush: A bettor or gambler who is considered to be bad luck.

Nickel: Jargon for a $500 bet. Usually used with bookies; if you bet 'a nickel,' that means a $500 wager.

Oddsmaker (also linemaker): The person who sets the odds. Some people use it synonymous with 'bookmaker' and often the same person will perform the role at a given book, but it can be separate if the oddsmaker is just setting the lines for the people who will eventually book the bets.

Off the board: When a book or bookie has taken a bet down and is no longer accepting action or wagers on the game. This can happen if there is a late injury or some uncertainty regarding who will be participating.

Over/under: A term that can be used to describe the total combined points in a game (the Ravens-Steelers over/under is 40 points) or the number of games a team will win in a season (the Broncos' over/under win total is 11.5). Also used in prop bets.

Parlay: A wager in which multiple teams are bet, either against the spread or on the money line. For the wager to win (or pay out), all of them must cover/win. The more teams you bet, the greater the odds.

Pick 'em: A game with no favorite or underdog. The point spread is zero, and the winner of the game is also the spread winner.

Point spread (or just 'spread'): The number of points by which the supposed better team is favored over the underdog.

Proposition (or prop) bet: A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain. Sometimes called a 'game within a game.' These are especially popular on major events, with the Super Bowl being the ultimate prop betting event.

Push: When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points. Return on investment (ROI): In PickCenter, ROI is the amount (according to numberFire) that a bettor should expect to get back on a spread pick.

Runner: Someone who makes bets for another person (aka 'beard').

Sharp: A professional, sophisticated sports bettor.

Spread: Short for point spread.

Square: A casual gambler. Someone who typically isn't using sophisticated reasoning to make a wager.

Steam: When a line is moving unusually fast. It can be a result of a group or syndicate of bettors all getting their bets in at the same time. It can also occur when a respected handicapper gives a bet his followers all jump on, or based on people reacting to news such as an injury or weather conditions.

Straight up: The expected outright winner of the money line in an event or game, not contingent on the point spread.

Teaser: Betting multiple teams and adjusting the point spread in all the games in the bettor's favor. All games have to be picked correctly to win the wager.

1 1 Meaning In Betting

Total: The perceived expected point, run or goal total in a game. For example, in a football game, if the total is 41 points, bettors can bet 'over' or 'under' on that perceived total.

Tout (service): a person (or group of people) who either sells or gives away picks on games or events.

Underdog: The team that is expected to lose straight up. You can either bet that the team will lose by less than the predicted amount (ATS), or get better than even-money odds that it will win the game outright. For example, if a team is a 2-1 underdog, you can bet $100 that the team will win. If it wins, you win $200 plus receive your original $100 wager back.

Vig/vigorish: The commission the bookie or bookmaker takes; also called the 'juice.' Standard is 10 percent.

Wager: A bet.

Welch: To not pay off a losing bet.

Wiseguy: A professional bettor. Another term for a 'sharp.'

Sports betting is all about numbers, but if you have no idea what the numbers in play mean, then you might not be as successful as you wish in betting. Taking an interest in knowing betting numbers and their meanings is the first step to help you develop any sports betting strategies.

If you are new to the world of betting, you have to understand that sports betting is unequivocally all about the numbers. It should be clear from the onset as teams involved in a fixture are allocated specific numbers, and it is essential to get this right lest you will place your bet for the wrong team and lose your money.

Beyond the basic figures, you also have to have some knowledge of betting odds and probabilities, which are expressed as fractions or decimals. You should also sign up with the top betting sites such as 1XBet, Betway, or 22bet. While it will be essential to learn all the different formats of odds, it will be up to no good if you cannot match the odds to their correct teams. To be on the safe side, have a look at the betting numbers explained below.

Bet numbers meaning in sports betting

By now, you ought to be aware that figures are not assigned randomly, but they represent value. If you conduct a quick search on any website, you will be greeted by significant figures filling your screen. Don’t beat yourself trying to decipher the meaning of these figures because we will explain to you how betting numbers work.

1. 1X2 betting

1, X, and 2 are the most basic numbers in sports. It is not only basic but also the most common and universal format of assigning numbers to teams for staking outcomes. In most cases, you will find columns labelled 1, X, and 2 in that order at the very top.

When presented with 1X2, the gambler is expected to bet on the outcome of the match from three options. Either a win for any of the two teams or a draw. The meaning of 1 in betting should be straight forward if you have basic knowledge of sports. 1 represents a win for the team that will be playing at home. What does 2 mean in betting? 2 depicts a win for the team playing away from home. X is used to represent a draw in those sports where a draw outcome is possible.

If you come across 12 as the only figure displayed in a sport, then it means that the sport does not have a draw outcome. Tennis is one of those sports where you expect to find 12 while in football you will find 1X2.

The universal 1X2 format is preferred because it is simple, easy to comprehend, and the winner is always determined upon the completion of a match. The only downside is the staking market becoming almost useless as the returns are of little value.

You can also come across 1X, X2 or 12. These bets represent a double chance in which any of two outcomes will give you money. What does 1X mean in betting? 1X means a home win or a draw will make your bet correct. X2 is a double chance bet for either a draw or the away team to win. 12 means that if either the home or away team wins your bet would be correct.

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2. Betting odds

1X2 are basic figures you need to know, but the most important ones are the staking odds. What is the betting odds meaning? The odds tell you how much you stand to win should your prediction be correct. The staking risks will be determined using the odds provided because those with small odds may not be worth making. There are three odds formats that you should understand.

  • American odds: +100
  • Fractional odds: 1/1
  • Decimal odds: 2.00

1/1 Means What In Football Betting

All the examples given above imply that a bet placed on selected team/teams would yield back double the amount staked. Using the American odds example, staking Ksh. 100 would give back Kshs. 100 shillings profit each time. The first number represents the stake, while the other number represents the potential win. It means that if you stake Ksh. 100, then the profit will also be Kshs.100. The decimal odds are the most commonly used and represents the number of units any particular stake stands to win.

3. Handicap betting

Handicap staking comes in handy when the 1X2 odds are not too profitable as a result of the favourite team being allocated a low number. Faced with such a situation, the best alternative to maximize profit is by placing a handicap bet. The two types of handicap bets available include Asian Handicap and European Handicap.

1/1 Meaning In Betting

In a handicap bet, one of the two teams starts the game with a certain number of goals or points. It means that the team for which you are placing a handicap bet will not lose by a certain margin or if they lose, the margin has to be higher than the one you placed a bet.

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Image: wikimedia.com
Source: UGC

4. Over/under betting

This type of staking is one in which a person stakes a certain amount for a match to have goals over or under a particular figure. For instance, if a bet is placed for over 2.5 goals, then 3 or more goals have to be scored in that match for the bet to be valid. The bet applies to other things like the number of penalties, corners and yellow cards in a game.

Having an understanding of the betting numbers and their meaning is essential if you intend to get big wins in staking. Now that you have a rough idea on what all these figures mean, you should be prudent in applying them. The more you play with numbers, the more you are likely to get better returns on bets such as the handicap and over/under staking options.

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