Betting Terms You Should Be Familiar With


Posted January 1, 2019 by betensured02

For more details on our products and services, please feel free to visit us at Football betting tips, Fixed Matches, Fixed Matches Bet, Football predictions, Soccer predictions

 
• Bid Offer Spread

The difference between the bid price (selling) and offer price (buying), normally for a commodity or equity.See also:Back / Lay Spread

• Big player

Anyone that places large wagers.See also:Whale

• Bingo

Game of chance involving the drawing of numbers. Expression of delight.

• BitCoin

A crypto currency used as a way of making payments with some operators online. The currency currently suffers wild fluctuations in value that make it a risky investment. Also, by its nature, it is unregulated and doesn’t offer security of funds at many of the operators offering BitCoin betting.See also:Regulation

• Bonus

Extra amount provided on deposit to an account.

• Book

A book is a set of bets laid / offered on an event. For example in the case of a tennis match, a book on the match result will consist of just two bets – one for the first player to win and one for the second player to win.If a book covers every single possible outcome on an event, it is said to be “complete”.

If a complete book is balanced in such a way that the bookmaker makes a profit no matter what the result is, the book is said to be a “green book”. Contrast “red book”.

• Breaking the bank

Winning more money than the house (casino) has available to pay you. Plausible in Bricks and Mortar casinos, not so much online.

• Bricks and Mortar

A gaming operator / bookmaker / casino that is based in a physical building (made of ‘bricks and mortar’!) as opposed to an online only gaming operator.

• Bustomatic

A term coined by APers for the advanced strategy of attempting to ‘bust out’ a bonus on the very first bet (thus completing the wagering requirement) or else make an enhanced profit from that first bet which will then go to covering any losses incurred on later wagering.The term originated around the time when US books used to offer very generous ‘continuous’ ‘re-up’ bonuses, where you got a bonus every time you deposited. The WR on these bonuses used to be relatively high, so the best way of approaching it was to attempt to bust out your full balance on the very first bet.

By ‘knocking together’ two similar US books where you had bonuses at both, you could easily get a good run going where you had bonus after bonus within days of each other across just those two books, busting alternatively from one book to another, to another, etc, reloading for new bonuses continuously. Heady days.

For more details on our products and services, please feel free to visit us at Football betting tips, Fixed Matches, Fixed Matches Bet, Football predictions, Soccer predictions
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By betensured
Country United States
Categories Business
Last Updated January 1, 2019