Football Betting Terms and Jargon: Your Ultimate Guide

The Alphabet: An Introduction to Football Betting Terms

Football betting is big business, with myriad betting terms and jargon used by bettors. Understanding these terms is essential for new bettors to avoid making costly mistakes. Whether you are wagering on the NFL, college football, or any other type of football, the language of wagering on the sport will be largely similar. To get you started understanding football betting terms, we’ll provide a brief overview of the alphabet of betting language.

Actions: Using the Language of Football Betting

The language used when placing a bet on a game of football is called the “action”. This successive string of words is often the first step of a bettor’s journey to make a wager on a football contest. Action essentially means betting activity, and individual words within the string can carry weight, so be sure to check the interpretations within the context you’re in. Action can also be used to describe a ballclub or team that has a large betting public, as course books may give special attention to these teams.

Bankroll: Knowing When to Talk with Your Bankroll

The term bankroll is generally used when discussing a certain amount of money used to place bets, both casual and professional. A bankroll should consistently have a good level of separate accounts to fuel future bets and reduce the risk of losses. Bankroll management is a key to a successful football betting career and should be given plenty of attention. It´s important to remember that the bankroll should not be dipped into for everyday expenses, as this defeats the purpose of the wagering money.

Chalk: Understanding the Essential Element of Betting Lingo

In football betting terminology, “chalk” is a key component of wagering language that refers to heavy favorite sides of a bet. Chalk is what bookmakers use to describe teams or players that are widely expected to win. The odds on a team or player with chalk on them is a reflection of this expected victory. Despite the presence of chalk, sports bettors must take into account the numerous factors that could affect the final outcome of a football contest before placing their bets.

Donkey: Learning the Do’s and Don’ts of Football Betting

The term “donkey” can be used to refer to someone who is a newcomer in the world of football betting. This term can also be used to describe someone who regularly wagers huge amounts of money on a single bet. A donkey is someone who makes reckless bets without contemplating the consequences and gets them in over their head with the course book rapidly. Casinos and sportsbooks have been known to target donkeys with extra-large bonuses or rewards to coax them into betting more money, and without any firm knowledge of the wagering terms. It’s best for new bettors to avoid the pitfalls of being labeled a donkey, and to instead educate themselves on the terms and conditions of football betting.

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Football Betting Lingo: Terms and Jargon Explained

Football Betting Lingo: Terms and Jargon Explained

1. Money Line Betting

Money line betting often referred to as a “straight-up” betting is a wager on the outcome of the game without the usage of a point spread. The favorite team in the game will have negative odds and the underdog will have positive odds. Because points don’t come into play, the bettor must choose if the favorite will win by enough to cover the spread or not. For instance, if the Oakland Raiders are favored by 7 points against the Denver Broncos, the Raiders would be listed with -7 while the Broncos would be listed with a +7. If the Raiders win by precisely 7 points, the “spread” would be met perfectly and the bet would be considered a push. For example, if the Raiders are listed at -7 and the Broncos are listed +7 and the final score is Raider 17 and Broncos 10, the Raiders would be listed as the winners but the bet would be considered a push. Money line wagers just require the bettor to pick the winner of the game or event.

2. Over/Under Betting

The term over/under is used to explicate this type of wager. When placing an over/under bet, the bettor places a wager on the total number of points or goals will be scored during an event. For example, if a bettor is placing a wager on the game total for a football game, and the line is set at 45, the bettor would wager whether the two teams would combine total to be over or under the line.

With an over/under bet, the bettor will place a wager whether the total amount of points scored during the game will be over or under the amount of points set by the bookmaker. If the result of the game is either over or under the limit the bet will be deemed a winner.

3. Parlay Betting

Parlay betting is when a bettor places multiple wagers on the outcome of the game. For example, the bettor could be wagering on the point spread, over/under, or both. The bets are then linked together and the bettors are paid out as a parlay.

Parlay betting is a one-stop-shop for football betting, as you can combine all your bets into a single wager and double down on the amount of the initial wager. However, it is important to remember that with a parlay, all the bets must be successful in order to receive a payout.

4. Futures Betting

Futures betting is different from money line, over/under, and parlay betting in that it requires the bettor to predict the outcome of a future event. For example, a bettor may place a wager on who will win the Super Bowl, the NFL divisional series, or who will win the Heisman Trophy.

Futures betting allows the bettors to take a risk on the future of a team or athlete, making it an exciting and potentially lucrative type of wager. However, a bettor should never put more on a future bet than he or she can afford to lose, as it can be hard to pick the winner of a future event and no matter how much research the bettor conducts, it is always possible that the bettor’s prediction may not pan out.

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