Betting lay vs backgrounds

Push: A wager that ends as neither a winning nor losing bet. It occurs when the winning margin or total score ends up being the exact number as the listed point spread or total. Example 1: Orange Orange won the match by exactly four points, , which resulted in a push for anyone that placed a wager on either side. Example 2: Boxer A and Boxer B fight to a unanimous draw on the scorecards. Anyone who placed a moneyline bet will have their original amount risked returned to them.

However, if a bettor picked either boxer to win via a specific method KO or decision , a draw would not result in a push. A good old-fashioned bet. Hook: The half-point you see on a point spread. Hooks eliminate the possibility of a push. Point spreads of 2.

A point spread of an even 3. Units vary from bettor to bettor. There is no correct or incorrect unit amount, however, gamblers are advised to not bet beyond their means. Alternate line: Sportsbooks sometimes offer different point spreads within the same game that pay out at varying odds. Juice: The tax or commission a book takes when accepting bets.

Example: When betting on a coin toss, a bettor is typically offered odds or even odds for both heads and tails, despite it being a endeavour. Juice increases the probability that the sportsbook will profit off its customers over time.

Public money: The side of a bet on which the majority of bettors have placed their wager. Handle: The accumulated sum of money wagered on a given sporting event. Steam: When one side of a betting line has growing momentum, causing the odds to change. Ticket: A literal betting ticket or term for a receipt or digital confirmation that a wager has been placed.

Example: If you have action on the game, it means you have already placed a wager. Chalk: A slang term for the listed favourite for a given sporting event. A chalky pick is predicting a listed favourite will emerge victorious. The more money you need to risk in order to make a profit, the chalkier the pick is.

Off the board: When a sportsbook temporarily stops accepting wagers on a given game or sporting event, often after an injury or something newsworthy happens. Parlay s : A wager where multiple selections are made. The potential payout is higher than it would be if you bet each selection individually because there is a multiplier involved but each of leg of the parlay must win for the bet to be successful.

The liquidity at both exchanges is more than enough for matched betting purposes. The odds available at both exchanges tend to be pretty much the same. Still, Smarkets are quick to catch up as the event gets closer. Reliability Reliability is another area where Betfair get their noses in front. In the early days, Smarkets struggled with reliability.

Fast forward to today, and things are much better. Betfair are generally very reliable too. The issue of reliability is one of the reasons you should register an account with both exchanges. You will no doubt develop a personal preference for one over the other. Both exchanges are quite different in their layouts. Betfair display several markets once you click through to an event, giving them an edge for navigation.

Screenshot showing some Betfair Exchange markets for Greece v Spain. Screenshot showing some Smarkets markets for Greece v Spain. The upside to taking that approach is that Smarkets can keep the exchange looking tidy. Unlike Betfair, Smarkets are purely an exchange without the added distractions of a Sportsbook, Casino, and various other branches. Suppose you have to go looking for a market, though. In that case, I give Smarkets the nod as their technology makes for a very nice user experience.

Suppose the lay odds get shorter before you place your lay bet. If that happens, Smarkets will recalculate things automatically and adjust your lay stake accordingly. Deposit methods Both exchanges offer different deposit methods, including debit cards, Neteller, Skrill and PayPal.

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