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Football Gambling: A Beginner’s Guide to the Lingo
Presented by My Bookie.
Football season is among us. For many, that means it’s time to start making some moolah, and there are plenty of ways that people are doing it nowadays.
The one that seems to be gaining the most steam in recent years is online gambling, which has made life a heck of a lot easier for football bettors everywhere. And who doesn’t enjoy making life easy, amiright?
No more dealing with shady bookies and sketchy lines. Sites like MyBookie have eliminated those types of worries for veteran football bettors, while also offering rookie gamblers an easy avenue for them to wet their feet.
Sure, creating an account and using an online gambling site can be intimidating and/or overwhelming for some, but we’re here to ease their minds by explaining some of football betting’s most prominent phrases in layman’s terms.
Think of it as an “Online Football Gambling For Dummies”…not that we think anyone is a dummy or anything like that.
Anyway, here we go:
Straight Bet: This is a single wager placed on a single game, plain and simple.
Point Spread: The number of points that the better team is expected to beat the crappier team by. It’s used for gambling purposes to handicap the stronger team in mismatches. Think of it as Vegas’ way of evening the playing field from a betting perspective.
Moneyline: Of course, those who prefer to make a wager without the point spread may do so. They would use the moneyline, which is a bet on a team to win the game, straight-up (or a tie, whenever possible).
Game Total or Over/Under: Not a fan of choosing sides? Those individuals could always resort to betting on the over/under, which is a prediction of whether the total amount of points scored in a game will be over or under a set number of points (referred to as the “game total”).
Parlay: For those who find straight bets boring and like to get a little crazy, they can give parlays a shot. Just combine two or more straight bets, and if they all come in, the payout is multiplied for bigger winnings! Of course, with more bets and bigger payouts comes reduced odds of winning–which is pretty much how gambling works.
Teaser: Give yourself some help with the point spread by playing a teaser. With these bets, the point spread or game total is adjusted by six to seven (depending on which you chose) points in favor of the bettor. If someone likes the Bills +3 on the point spread and over the 40.5 game total, they can “tease” that to Bills +10 and over 33.5 in a teaser. They must pick at least two games and payouts are significantly less, but the odds of winning are actually a heck of a lot better.
Buy Points: It’s like a teaser, but whereas a teaser is 6 to 7 points and must include at least two games, “buying points” allows you to shift any number of games (one to one million) by as many points as you wish (usually 0.5 to 10).
Game Props: Bets that are not based on the outcome, but rather, on certain events within a given game–this even includes the opening coin toss in some instances.
Futures: For those who like their bets to last, futures offer just that. Pick a team to win the Super Bowl, or try and predict who’ll emerge as the NFL’s MVP at the beginning of the season. These are just a few of the types of wagers found in the futures section.
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