Football Betting Terminology
If you have a “garbage hand” in poker, your hand isn’t worth much. A “foul” hand in poker is a hand that may not be played for some reason. The “flat top” is a slot machine that has a fixed jackpot as opposed to progressive jackpot. If you are “flat betting,” you are betting the same amount repeatedly without any changes to your bet size. The “flashboard” in keno is the board that is used to display the numbers that make up the winning combinations.
I now have $15,000 on Xavier against Toledo, which seems, well, mind-boggling. I sit back down, relieved to not wager any more of our money on a game where I couldn’t tell you either team’s mascot, let alone what city the college I was betting on was located in. The basic types of wagers online are win, place and show wagering. If you bet on a horse to win, the horse must finish first. If you bet to place, the horse can finish first or second. The most conservative wager is the show wager where a horse can finish first, second or third giving you three chances to cash your ticket.
The illegal business made profits of $3 million between 1999 and 2002. Prosecutors allege that Joseph “The Pooch” Pascucci and his accomplices took bets on football, basketball, and baseball games. In June 2004 Pascucci pleaded guilty in federal court and could be sentenced to up to fifty-one years in prison. Greyhounds were brought to America during the late 1800s to help control the jackrabbit population on farms in the Midwest, and soon local farmers began holding races. Early races were held using a live rabbit to lure the dogs to race.
Harness racing is also conducted at county fairs and exhibitions. According to the Jockey Club, there were 53,503 Thoroughbred horse races in a total of thirty-seven states during 2003. (See Table 8.3.) California hosted the most events, with 5,126 races, followed by West Virginia , Pennsylvania , Florida , and New York . The gross purse is the amount awarded to the owners of the winning race horses.
This is also known as middling and is NOT a casual or recreational thing to do at the sportsbook. It’s surprising at how many people make betson horse races without the slightest understanding of the tote board. While all of those numbers on the board may seem imposing, the odds and payoffs are actually pretty easy to learn.
Take the Points – Similar to laying the points, this is taking the underdog. For example if the Giants are +7 and you believe they will either win or come within a touchdown you bet on them at +7, taking the points. Consensus – The consensus shows what most bettors are betting on for a given market. Using the above example in “chalk”, if 80% of the bettors are taking one side, that is a consensus. Bonus – When a bettor signs up at a new sportsbook, they could be eligible for incentives. Bettors enjoy wagering on teasers for football and basketball, mostly.