GLOSSARY
ACTION POINTS
In an action point wager the customer is going to get paid for every point the chosen team covers the point spread or, is going to be charge for every point the chosen team doesn't cover, plus an additional 10%.
--Note: Action points can only be played on football and basketball for complete games--
The customer chooses the amount for each point.
Also, the customer has to set a point cap. That is, the maximum points the customer is going to get pay or charge for. The point cap goes from 10 to 50 points.
|
Sit back, read over the provided material, and when you are ready Join V-Wager to start your online wagering experience. |
BOOK
An establishment that accepts wagers on the outcome of horseracing and sporting events.
BOOKIE
Person who takes bets from the clients.
BOX
A combination bet whereby all possible numeric combinations are covered
B.R.
Bankroll
BUCK
A $100 wager.
BUYING POINTS (From 1/2 to 10pts)
The customers can buy points to their advantage only in football and basketball for the complete game whenever doing point spreads. Points can be bought on the side or on the total.
NOTE: In football, when buying of or onto a 3 point spread there is an extra 10% charge on the juice.
"Current line is Raiders -3.5, buying 0.5 point will make the Raiders -3, for that you have to lay -120 plus an extra 10% charge, so picking Raiders -3 buying a 0.5 point it is going to cost $130 to win $100, this is because its the same as a field goal".
CALL BET
A bet made verbally.
CIRCLE GAME
A game in which the betting action is limited; usually occurs in games that feature key injuries, inclement weather, or unsubstantiated rumors regarding a team.
Sometimes stated, "This is a circle game."
D. C.
Defensive Coordinator of a football team
DIME
$1,000
DOG
The underdog in any betting proposition.
DOLLAR BET or BUCK
A $100 wager.
DOUBLE BET
A wager for twice the size of one's usual wager; also known as "double pop" or "doubling up".
EARN
Practical hold percentage
EVEN MONEY
A wager in which no virgorish or juice is laid.
FAVORITE
Team or person that most likely to win the game, or that has the odds in it's favor.
FIN
$50
FUTURES
Odds posted on the winners of various major sport championships in advance of the event, including the Super Bowl, the World Series, the Stanley Cup and the NBA championship.
In other words, bets placed on an event or outcome taking place some time in the future, e.g., betting during the season on the Super Bowl winner.
|