For many, sports are not only a past time, but they are also a way of life. For years people have found various ways to express their passion for sports and involve themselves in the activities they most enjoy. Sports betting has a very long, rich history that has infiltrated itself throughout our American culture as well as throughout the globe for decades.
Since the beginning of time, people throughout Europe and America have turned their favorite sports into opportunities for wagers, with the hopes of making a profit. Sports betting has also increased entertainment satisfaction and made sports more exciting for fans who love to immerse themselves in the sports world.
If you are new to the world of gambling, or you are looking to learn how to bet on your favorite sports, the process can seem downright intimidating at first. Before you learn how to bet on sports, you have to become acquainted with the many different types of sport betting, and with everything that they entail.
If you already have a background of gambling, or you are very familiar with a specific sport, you will have an advantage when it comes to beginning the basics of betting. Still, there are many essentials that you will need to learn prior to entering the exciting world of sports betting.
First and foremost, you have to be aware of some basic sports betting lingo:
- Sportsbook: A specific establishment that takes your bets, such as the on-line sportbooks we have today. If a certain person takes your bet for a particular event, they are known as a bookie.
- Handle: Think of the handle as a money pot, which represents the total amount of money that is wagered on a specific bet.
- Handicap: This means giving a team an advantage to help level the betting field.
Other important fundamentals are:
- The Line: The essential determining factor for how bettors place wagers. It determines the teams that are involved in a specific bet and provides the bet data for bettors. It can also be thought of as the odds for a game.
- The Spread: This is a term for picking which side you want to win, or who you are ultimately placing your bet on. It is what sets up the games competition. Usually used for high-scoring sports.
- Money Line: A term for betting that involves essentially spending more to bet on the favored team, as opposed to spending less to bet on the team that is not favored to win. It is commonly used when a point spread is not necessary.
Once you understand some of these very basic terms, you next have to learn how to understand the odds of sports betting. Understanding the odds and how they work will help you better understand the line, as well as where the line comes from and how it is put into place. On-line sports betting guides and tutorials for beginners are ideal for learning these intricate details.
The goal for any beginner should be to to first understand the basic terms and jargon of sports betting, then apply that knowledge to learning about the line. Once you understand the line and the odds and how it all works, you will be on your way to making your first bet in the wonderful world of sports betting. Although the subject may seem overwhelming initially, it can result in a lifelong hobby that you can enjoy for years to come.