what does alt mean in sports betting
You can’t claim to be a bettor if you don’t know what these terms, commonly used in the world of sports betting and on sports betting sites, refer to . Because yes, sports betting, like all other areas of life, also has its own specific vocabulary. To effectively guide both beginners and experienced bettors, check out this sports betting glossary, which will certainly be helpful.
The basic terms of sports betting
Let’s start at the beginning: here is the sports betting glossary with the terms that form the basis of this field.
Betting simply refers to the act of playing, of placing a wager on a sporting event. And a betting exchange, to put it simply, is a betting system where there is no bookmaker, and therefore no commission to earn money .
– The odds, also called odds in English and on some sports betting platforms, represent the inverse of the probability of a given outcome. It is used to calculate the profit associated with a bet.
– A bettor is someone who places bets on sporting events. They can be an amateur or an expert depending on their experience and knowledge of the world of sports betting.
Live betting refers to bets that can be placed in real time, that is, during a match. It offers several advantages, such as odds that fluctuate in real time and the possibility of cash-out with many bookmakers.
Sports betting glossary
– 1X2 (1N2) is the most popular bet among bettors due to its simplicity. Three possibilities are available: home team win (1), draw (X or X), away team win (2).
– A simple handicap , as its name suggests (it’s primarily known in horse racing, where gambling has a long history), refers to a disadvantageous or advantageous starting position given to a team. It can be positive (H+1) or negative (H-1). Its advantage is that it increases the odds when a team starts the match with a negative handicap and decreases them with a positive one. The handicap can range from one goal or more, depending on the bookmaker. For example, if you choose an H-2 handicap for PSG against Dijon, it means that PSG must win the match by at least three goals for you to have a chance of winning money and for your bet to be declared a winner. Otherwise, you lose. Conversely, if you choose an H+2 handicap in favor of Dijon, it means they start the match with a two-goal advantage. Therefore, you win if they win or if they lose by one goal.
– The Asian handicap is a variation of the classic handicap. It’s not possible to bet on a draw. However, its advantage is that it offers a degree of protection. It’s a slightly more complex system, which we invite you to explore in our article on the subject.
Originally derived from horse racing, the concept of handicap aims to balance the odds between two opponents of different skill levels. In the context of sports betting, the Asian handicap involves adding or subtracting one or more goals or points from a team’s score, with the goal of leveling the playing field for two unequally matched teams.
The Asian handicap is a variant of the traditional handicap. It grants one team a virtual advantage before the match begins. However, it presents more opportunities compared to the classic handicap. There are three types: Asian handicap 0 , Asian handicap 0 to 0.5 , and 0.5 to 1.0.
Over /Under is a popular betting option for beginners because it doesn’t require in-depth knowledge of the teams involved (although this is just as important, especially in certain leagues). It indicates whether there will be more or fewer goals in the match. For example, +1.5 or -1.5.
– BTTS abbreviation for Both Teams To Score, where both teams will score during the game, excluding extra time.
– DNB stands for Draw No Bet , or bet refunded if the match ends in a draw. Here, in the event of a draw, your stake is returned to you. Of course, if your team wins, the odds are still reduced because the risk is also lower.
– Double chance involves betting on two of the three possible outcomes of a match (1X, 12, 2X). As you can imagine, the odds here are very low, even negligible.
– MT or FM, also called HT or FT, refers to betting on the outcome of a match during the first half and the final half. For example, you could bet that team 1 will win the first half and team 2 will win the second half. In practical terms, Dijon, or even Juventus, could lead PSG 2-1 at halftime, yet PSG would still win 4-2.
Glossary of betting strategies
Several betting strategies are possible when placing a bet with bookmakers. These include:
– The simple bet , which involves betting on only one sporting event. This is the one most often recommended by tipsters like Anthony, founder of France Pronos .
– Accumulator bets offer higher odds than single bets, even though they carry more risk, since all the sporting events in your bet must win for it to pay out.
An accumulator bet allows you to wager on multiple matches in a single bet, unlike single bets which focus on just one match. For example, with three football matches, instead of placing three separate bets with distinct odds for each match, an accumulator bet combines these three matches into one. This method increases the risk because you have to correctly predict all the matches to win, but if you succeed, the payout is much higher compared to single bets on those same matches.
A surebet is a sports betting technique that guarantees a win regardless of the outcome of a match.
A surebet is a type of bet that ensures a profit no matter the result of a sporting event, by exploiting differences in odds offered by different bookmakers. While promising, it requires careful analysis and quick reactions to capitalize on temporary discrepancies in odds. Surebet opportunities can arise in various sports and require constant monitoring of odds as well as a solid understanding of betting mathematics. In reality, surebet opportunities are low.
A Value Bet is a term that refers to odds that are inflated by the bookmaker compared to your own analysis.
It’s a bet placed on a sporting outcome whose probability of occurrence has been incorrectly assessed by the bookmaker. Every bookmaker , which is a platform for betting, uses a tool to set odds, relying primarily on statistical data. However, this method can overlook crucial factors related to the event, such as player motivation, the stakes, injuries, or form. Therefore, a human assessment, carried out by an expert like the tipsters at France Pronos , often remains the best way to set odds . In this context, a Value Bet represents odds deemed incorrect, both objectively and subjectively, thus offering a betting opportunity.
Careers in sports betting
– Bookmaker
A bookmaker is a sports betting operator. These professionals take and record bets. Each offers odds on each event based on their commission.
The term “bookmaker” refers to professional operators in the world of sports betting. These experts play a crucial role in orchestrating bets, accepting them and recording them on their platform. Each bookmaker is unique, offering a range of services and betting opportunities to gambling enthusiasts. They are the link between the exciting world of sports and the eagerness of bettors to test their luck and skill.
– Bettors, the different types
A bettor is someone who places bets on sporting events. They can be an amateur or an expert depending on their experience and knowledge of the world of sports betting.
Knowledge of the world of sports betting is a valuable asset for any bettor, whether amateur or expert . This knowledge can be acquired through personal experience, research, discussions with other bettors, and even learning from reputable tipsters and online sports betting platforms . Expert bettors, in particular, continually strive to refine their skills and stay up-to-date with the latest trends and information that can impact their bets.
Amateur bettors
Amateur bettors can enter the world of sports betting with little or no experience. They can bet on their favorite teams or on specific sporting events that interest them. The amateur approach is often more relaxed, with the experience and excitement of the game often being the main motivation.
Expert bettors
On the other hand, expert bettors approach sports betting with exceptional rigor and discipline. They invest time in the in-depth analysis of statistics, team form, performance history, and other key factors that can influence the outcome of a sporting event. They often adopt sound bankroll management strategies to gamble responsibly while minimizing risk.
– Tipster or prognosticator
A tipster is a sports betting predictor who offers other bettors opportunities based on their personal analysis.
A tipster, also known as a sports betting expert , is a master of the art of sports betting . Possessing sharp expertise and an unwavering passion for sports, our dedicated tipsters meticulously scrutinize data, analyze trends, and decipher statistics to identify betting opportunities.
France Pronos: your partner for greater clarity in betting!
The world of sports betting is an exciting field, offering a window into a multitude of sports, from football pitches and tennis courts to hockey rinks and NBA courts. With renowned betting platforms such as Bwin, Winamax, Unibet, and Netbet, bettors have the opportunity to engage in a variety of bets, ranging from simple win bets to complex pools, exploring the Premier League, rugby, and much more.
The welcome bonuses and free bets offered by these sports betting sites add an extra layer of appeal, boosting your bankroll right from the start of your betting adventure. With tools like odds comparison sites, and a wealth of guides and tips available on sites like Parions Sport and Parionsweb, even a novice can quickly familiarize themselves with the probabilities, identify a favorite, and make informed choices.
Regulations enforced by bodies like ARJEL guarantee a safe and fair betting environment, allowing bettors to focus on analyzing matches, anticipating high odds, and developing strategies to bet on football or any other sport of their choice.
The best sports betting sites don’t just offer a platform to place your bets; they immerse you in a rewarding betting experience, providing in-depth analysis, accurate statistics, and a community of passionate bettors with whom to share your insights. So don’t wait any longer, explore the betting site that suits you best, and gamble responsibly.
Aware of the complexities of the sports betting world, France Pronos supports you every step of the way. Join a community of bettors guided by the expertise and know-how of Anthony, a renowned tipster. With his extensive reputation, he provides you with tips, winning strategies, and advice on a daily basis, even over the long term, to help you become a successful bettor from your very first wager.