Sports Betting – What Are the Terms Used to Place a Bet at a Sportsbook?
Before betting on a game at a sportsbook, you need to understand the terms used to make a wager. For example, what is an Even-money line? How do you place a Parlay bet? Or, are you more likely to bet on an underdog? This article will give you some information about each of these terms and how you can place a bet using them.
Even-money sportsbook
If you’re looking to increase your betting profits, an even-money sportsbook is the perfect choice. These books will pay out the exact amount of money you bet, minus “juice.” This is great for bettors who are willing to take a little risk.
Dime line
A dime line at sportsbook is a way to collect bonus points that you can redeem for free money. This rewards plan is a common feature of new sports betting websites. It works similarly to the comp system you can find in major land-based casinos. Every time you make a wager, you earn 1 point. With enough points, you can redeem them for free money, usually with a high rollover requirement.
Parlay bets
If you’re looking to maximize your profits when betting on multiple games at a sportsbook, parlay bets are a great way to go. They are often more profitable when you bet on three or more teams. In addition, they offer huge cash outs if you win. Parlay bets have a low house edge, but it’s important to read the house rules.
Off the board
When a game is off the board at a sportsbook, the bookmaker or sports book isn’t accepting bets on it. This can be for many reasons, such as when a key player is injured. Without knowledge of the player’s status, the bookmaker or sports book can’t set the odds.
Site credit
If you want to jumpstart your bankroll, consider betting with site credit at a sportsbook. You can use your site credit to make two or three bets, and if you lose, you get your money back. However, you must be careful not to treat your site credit as free money. It’s important to set up a strategy that will allow you to make the most profit possible.