Betucation
Bet-ology: betting definition of “Hold” 🎥
This term applies to a casino or sportsbook's profit. Additionally, it also applies to a projected profit.
Bet-ology: betting definition of ‘Tilt’ 🎥
The word "tilt" is heard in the poker world, casino floor and sportsbook – and even everyday life. We have all encountered this emotion.
Bet-ology: betting definition of “Lean” 🎥
This term is often used in betting conversations to explain a bettor's feelings towards a game or particular wager.
Bet-ology: definition of Martingaling 🎥
This is a technique or approach used by determined gamblers that often fails to offer much reward. It is not recommended in sports betting or on the casino floor.
Bet-ology: definition of “Buyback” 🎥
This is term often heard in regards to Wall Streak. However, it also applies to betting conversations.
Bet-ology: Steam 🎥
"Steam" is used in betting vernacular as a noun and verb. So what exactly does it mean?
Bet-ology: Definition of “handle” 🎥
In sports betting coverage and conversations, you often hear the word "handle" to describe betting action.
Bet-ology: Headfake 🎥
This is a tactic used by respected bettors that is intended to dupe oddsmakers. The objective is to move the betting market so they can eventually capitalize for a larger profit.
Bet-ology: “overlay” 🎥
This is a term often used in betting pools and contests.
Bet-ology: “Straddle” 🎥
There are several terms associated with "transaction costs" of sports betting. "Juice" is the fee that enables the house to lock in a profit. Straddle is a way to measure that advantage.
