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Learn Sports Betting Vocabulary - The 1st Step To Make Money Betting On Sports

By: Shane Alexander Home | Business | Home-Business


Those who’ve learned how to make money betting on sports a long time ago frequently try to give beginners or newbies the impression that the sports betting process is easy. Seasoned sports bettors may say things like: â€Yeah, if you wanna get in on the action, you just bet up to 10% of your bankroll, then the bookie gets the opening line from Vegas, but the oddsmaker may move the line to protect his vigâ€"and of course you’ll wanna pay close attention to the spread, which is essentially a handicap that sportsbooks use to increase game competitiveness from your perspective; that also affects the overall handle.†What!? If that makes little or no sense to you at all, you’ll wanna read on to learn sports betting vocabularyâ€"the 1st step to make money betting on sportsâ€

SPORTS BETTING VOCABULARY YOU NEED TO KNOW

ACTION: Any kind of betting activity including sports betting.

BANKROLL: The overall amount of money that you are comfortably willing to lose on all of your sports bets.

BOOKIE: An individual [as opposed to a business organization] who accepts and processes bets.

HANDICAP: Within the sports betting sphere, handicap means to give one team or opponent a point or scoring advantage in an attempt to level the level the sports betting field. Handicapping is practice of predicting the result of a competition for purposes like betting against the point spread. A favored team that wins by less than the point spread still wins the game, but all bets on that favored team would lose.

HANDLE: The total amount of money wagered on bets for a particular sports event.

JUICE: The amount charged by the bookie or sportsbook for their services; same as profit or vig.

MONEY LINE: Used instead of point spreads as a sort of handicapping method in low-scoring sports like baseball, ice hockey, and soccer.

ODDSMAKER: Those who constantly study and research sports and set the money lines.

SPORTSBOOK: A business organization that accepts and processes bets.
Spread: Commonly known as â€the point spread†is basically a handicap used in high-scoring sports such as basketball and football to make games and matches competitive from the bettors’ perspective.

VIG: The percentage of all bets that the sportsbook or bookie takes as profit; bookmaker’s commission on losing bets; charges taken on bets by casinos or any gambling establishment. [Origin: Short for â€Vigorishâ€, which is derived from Yiddish slang term â€Vyigrishâ€, the Russian word for â€winningsâ€]

The preceding sports betting vocabulary list will get you started, but it’s really just proverbial â€tip of the iceberg†when comes to learning how to actually make money betting on sports. Now, the question is: do you wanna spend many hours, days or weeks of your valuable time learning about sports betting or do you wanna start to make money sports betting right now?

The only way to consistently make money betting on sports is to constantly pick the winners and minimize your losses on a consistent basis over an extended period of time. Now you can either spend countless weeks, months, or even years of trial and error devising and tweaking your own sports betting system as several lucrative sports seasons pass you by, or you can use the surefire sports betting system meticulously developed by Cornell University PhD Statistician and Seasoned Sports Betting Pro Jim Morrison that has a 97% winning success rate...

The choice is yours, and the most amazing aspect of Jim's sports betting system is that some of the people who make serious money betting on sports using his system have absolutely no interest whatsoever in sports; their main objective is to make money on a consistent basis, which is precisely what they have done with this system as you'll see when you view and listen to their Testimonials here:

==> http://www.MakeMoneySportsBetting.com

No, you won't need to be a math genius or a statistics guru. In fact, as long as you're at least 9 years old and you know how to count, this surefire sports betting system can transform you into one of the most accurate and profitable bettors in the world starting as early as tomorrow -- even if you know absolutely nothing about betting or sports!

Just imagine what YOU can do with a fool-proof betting system that will propel your earnings to heights most can only dream of. Only there’s no need to imagine this scenario anymore because you can start to make money betting on sports from this moment onâ€




Article Source: http://www.eArticlesOnline.com

About the Author:
Shane Alexander is a real estate & stock market investor who has recently been transformed into a successful sports bettor once he overcame his ignorance & tremendous fear of sports betting after taking a bit of time to learn and apply the information on how to make money betting on sports that you can find on this life-changing website:

==> http://www.MakeMoneySportsBetting.com

With a 97% SUCCESS RATE, the odds are certainly in your favor! So, check out this Surefire Sports Betting System Now. Make Money Betting on Sports & experience what it feels like to WIN...

==> http://www.MakeMoneySportsBetting.com

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