Venturing into the world of sports betting can be an overwhelming experience due to the technical jargon employed. However, understanding these terms is crucial for making informed decisions and maximizing your profits. In this guide, we will break down some essential terms from the betting glossary and how BetOven can be your perfect ally on this journey.
Bank
The Bank is the total amount of money a bettor has available for betting.
Unidad
A Unit is a subjective measure that bettors use to determine the size of their bets, usually a percentage of the bank.
Yield
The Yield reflects the percentage of profit or loss in relation to the bank over a specific period.
Tipster
A Tipster is someone who provides sports forecasts in exchange for a remuneration.
Quota
The Quota is the amount of money that can be won for each unit bet.
Green and Red
A bet is said to be Green if it has been won, and Red if it has been lost.
Value
Value refers to a situation where the odds offered by a bookmaker are higher than they should be based on the real probabilities of the result.
Variance
The Variance measures the dispersion of the results of a bet.
Verified Statistics
Are records of bets made and their results, validated by an external entity.
Smoke Peddlers
Refers to tipsters or bettors who offer forecasts or magical systems without foundation.
Delving into Betting Strategies 📈
Handicap (Asian and European)
These are bets that level the favoritism of the teams. The Asian Handicap reduces the margin of victory or defeat, while the European Handicap adds points of advantage or disadvantage to a team.
DNB (Draw No Bet)
If the match ends in a draw, the bet is refunded.
Over/Under
Predicts whether the total goals or points will be higher or lower than a specific figure.
Market
Set of bets offered for a sports event.
Liquidity
Amount of money that can be bet on a specific market.
Common Problems and Innovative Solutions 🛠️
Limitation and Account Closure
Restrictions applied by betting houses to professional bettors.
CPA/Revenue Share
Affiliation modes with betting houses, commonly used by scammers.
Pick and Public Bet
Pick is synonymous with bet, while Public Bet is a bet commonly shared, usually by vendehúmos.
Bookie
The page of the betting house where the bet will be placed.
Surebet and Sharpbet
Advanced betting strategies that involve placing bets on all possible outcomes or replicating bets from large bettors.
BetOven: Your Ideal Companion for Sports Betting 🚀
With the terminology clear, it’s time to talk about how BetOven can be your best ally in the world of sports betting. BetOven not only simplifies the process of identifying valuebets, but also offers a free trial that allows exploring all its functions, helping you to transform your betting strategy in an automated way. It is a powerful tool for sports arbitrage, guaranteeing profits regardless of the outcome of the event.
The world of sports betting can be lucrative if navigated correctly. With the right knowledge and the right tools like BetOven, you can turn sports betting into a consistent source of income. Discover how BetOven can boost your football bets today!
