Bet-OLOGY
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.
Bet-ology: “Tilt” 🎥
This a term often used in poker and sports betting. Experience and discipline are needed to avoid this.
Bet-ology: “hold” or “hold percentage” 🎥
How a sportsbook performs is often predetermined. And that performance varies from operator to operator. Doug explains how it all goes down.
Bet-ology: Juice or Vig 🎥
This term "juice" is often used in betting conversations. Bettors track and evaluate it. Doug explains what it means.
Bet-ology: Lean 🎥
Sports bettors and analysts often use the word "lean" to describe their opinion on a game. Doug explains what is means and why it is used.
Bet-ology: Martingaling 🎥
It is a tactic that is occasionally used by a reckless bettor. Doug explains the concept and why it is ill-advised.
Bet-ology: Chalk 🎥
Why do I hear the word “chalk” in betting conversations?
