- What Does Ml Mean When Betting
- Sports Betting Ml
- What Does Ml Mean In Betting Football
- What Does +100 Mean In Betting
- What Does 160 Mean Betting
- What Does Ml Mean In Sports Betting
- Points Betting is a unique sports betting option available only at PointsBet Sportsbook (currently in New Jersey and Iowa).This kind of point spread wager is based on the margin of victory or loss and can be very volatile, depending on how much risk a bettor wants to take on a game. During the first week of the 2019 NFL season, one bettor decided to take a massive leap into Points Betting.
- The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered.
- It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds. When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return.
“ML” stands for money lines. They’re odds for winning the game outright. A lot of betters want to bet just the winner or the loser, which is where the money line comes into play. In the above example, the Patriots are -500 to win the game.
Action: Having a wager on a game.
ATS ('against the [point] spread'): If a team is 5-2 ATS, it means it has a 5-2 record against the point spread, or more commonly referred to simply as the 'spread.'
What Does Ml Mean When Betting
Backdoor cover: When a team scores points at the end of a game to cover the spread unexpectedly.
Bad beat: Losing a bet you should have won. It's especially used when the betting result is decided late in the game to change the side that covers the spread. Also used in poker, such as when a player way ahead in the expected win percentage loses on the river (last card).
Beard: Someone who places a wager for another person (aka 'runner').
Book: Short for sportsbook or bookmaker; person or establishment that takes bets from customers.
Bookie: A person who accepts bets illegally and charges vig.
Buying points: Some bookies or sportsbooks will allow customers to alter the set line and then adjust odds. For example, a bettor might decide he wants to have his team as a 3-point underdog instead of the set line of 2.5. He has then 'bought' half a point, and the odds of his bet will be changed.
Chalk: The favorite in the game. People said to be 'chalk' bettors typically bet the favorite.
Circle game: A game for which the betting limits are lowered, usually because of injuries and/or weather.
Closing line: The final line before the game or event begins.
Consensus pick: Derived from data accumulated from a variety of sportsbooks in PickCenter. The pick, and its percentage, provides insight as to what side the public is taking in a game.
Cover: The betting result on a point-spread wager. For a favorite to cover, it has to win by more than the spread; an underdog covers by winning outright or losing by less than the spread.
Dime: Jargon for a $1,000 bet. If you bet 'three dimes,' that means a $3,000 wager.
'Dog: Short for underdog.
Dollar: Jargon for a $100 bet. Usually used with bookies; if you bet 'five dollars,' that means a $500 wager.
Edge: An advantage. Sports bettors might feel they have an edge on a book if they think its lines aren't accurate.
Even money: Odds that are considered 50-50. You put up $1 to win $1.
Exotic: Any wager other than a straight bet or parlay; can also be called a 'prop' or 'proposition wager.'
Favorite: The expected straight-up winner in a game or event. Depending on the sport, the favorite will lay either odds or points. For example, in a football game, if a team is a 2.5-point favorite, it will have to win by three points or more to be an ATS winner.
Fixed: A participant in a particular game who alters the result of that game or match to a completely or partially predetermined result. The participant did not play honestly or fairly because of an undue outside influence.
Futures bet: A long-term wager that typically relates to a team's season-long success. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season.
Halftime bet: A bet made after the first half ended and before the second half begins (football and basketball primarily). The oddsmaker generally starts with half of the game side/total and adjusts based on what happened in the first half.
Handicapper: A person trying to predict the winners of an event.
Handle: The amount of money taken by a book on an event or the total amount of money wagered.
Hedging: Betting the opposing side of your original bet, to either ensure some profit or minimize potential loss. This is typically done with futures bets, but can also be done on individual games with halftime bets or in-game wagering.
High roller: A high-stakes gambler.
Hook: A half-point. If a team is a 7.5-point favorite, it is said to be 'laying seven and a hook.'
Sports Betting Ml
In-game wagering: A service offered by books in which bettors can place multiple bets in real time, as the game is occurring.
Juice: The commission the bookie or bookmaker takes. Standard is 10 percent. Also called the 'vig/vigorish.'
Layoff: Money bet by a sportsbook with another sportsbook or bookmaker to reduce that book's liability.
Limit: The maximum bet taken by a book. If a book has a $10,000 limit, it'll take that bet but the book will then decide whether it's going to adjust the line before the bettor can bet again.
Lock: A guaranteed win in the eyes of the person who made the wager.
Middle: When a line moves, a bettor can try to 'middle' a wager and win both sides with minimal risk. Suppose a bettor bets one team as a 2.5-point favorite, then the line moves to 3.5 points. She can then bet the opposite team at 3.5 and hope the favorite wins by three points. She would then win both sides of the bet.
Money line (noun), money-line (modifier): A bet in which your team only needs to win. The point spread is replaced by odds.
Mush: A bettor or gambler who is considered to be bad luck.
Nickel: Jargon for a $500 bet. Usually used with bookies; if you bet 'a nickel,' that means a $500 wager.
Oddsmaker (also linemaker): The person who sets the odds. Some people use it synonymous with 'bookmaker' and often the same person will perform the role at a given book, but it can be separate if the oddsmaker is just setting the lines for the people who will eventually book the bets.
Off the board: When a book or bookie has taken a bet down and is no longer accepting action or wagers on the game. This can happen if there is a late injury or some uncertainty regarding who will be participating.
Over/under: A term that can be used to describe the total combined points in a game (the Ravens-Steelers over/under is 40 points) or the number of games a team will win in a season (the Broncos' over/under win total is 11.5). Also used in prop bets.
Parlay: A wager in which multiple teams are bet, either against the spread or on the money line. For the wager to win (or pay out), all of them must cover/win. The more teams you bet, the greater the odds.
Pick 'em: A game with no favorite or underdog. The point spread is zero, and the winner of the game is also the spread winner.
Point spread (or just 'spread'): The number of points by which the supposed better team is favored over the underdog.
Proposition (or prop) bet: A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain. Sometimes called a 'game within a game.' These are especially popular on major events, with the Super Bowl being the ultimate prop betting event.
Push: When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points. Return on investment (ROI): In PickCenter, ROI is the amount (according to numberFire) that a bettor should expect to get back on a spread pick.
Runner: Someone who makes bets for another person (aka 'beard').
Sharp: A professional, sophisticated sports bettor.
Spread: Short for point spread.
Square: A casual gambler. Someone who typically isn't using sophisticated reasoning to make a wager.
Steam: When a line is moving unusually fast. It can be a result of a group or syndicate of bettors all getting their bets in at the same time. It can also occur when a respected handicapper gives a bet his followers all jump on, or based on people reacting to news such as an injury or weather conditions.
Straight up: The expected outright winner of the money line in an event or game, not contingent on the point spread.
Teaser: Betting multiple teams and adjusting the point spread in all the games in the bettor's favor. All games have to be picked correctly to win the wager.
Total: The perceived expected point, run or goal total in a game. For example, in a football game, if the total is 41 points, bettors can bet 'over' or 'under' on that perceived total.
Tout (service): a person (or group of people) who either sells or gives away picks on games or events.
Underdog: The team that is expected to lose straight up. You can either bet that the team will lose by less than the predicted amount (ATS), or get better than even-money odds that it will win the game outright. For example, if a team is a 2-1 underdog, you can bet $100 that the team will win. If it wins, you win $200 plus receive your original $100 wager back.
Vig/vigorish: The commission the bookie or bookmaker takes; also called the 'juice.' Standard is 10 percent.
Wager: A bet.
What Does Ml Mean In Betting Football
Welch: To not pay off a losing bet.
Wiseguy: A professional bettor. Another term for a 'sharp.'
Betting trends represent the volume of wagers placed at a sportsbook, on one team versus another. Public betting trends are often referred to as betting percentages. Think of it as a direct link to what’s happening on the sportsbook side. To view wagering activity on every game, simply visit our betting trends page.
Our members have access to the number of bets placed and the percentage of bets placed on the Spread, Moneyline, Parlay, and Over/Under for every game. You’ll see first hand which teams the public is heavily betting and which games the sportsbooks need. The public betting trends data comes directly from the databases of the following 7 online sportsbooks: Sportsbook.ag, BetDSI, BetUs, 5Dimes, GTBets, SIA, and Carib. Read more about our contributing sportsbooks.
What Does +100 Mean In Betting
We poll each participating sportsbook’s database every 1-5 seconds. It is important to note that the betting trends data found on SportsInsights.com represents real bets placed by real people with real money. Our betting data isn’t “Consensus Data” taken from contest sites and handicapper forums. Learn more about consensus betting data, versus the betting trends data found on Sportsinsights.com.
What Makes Our Betting Trends Data Different?
- Betting data from 7 sportsbooks
- More sportsbooks equals a larger sample size and stronger numbers
- Betting data on the Spread, Moneyline, Totals, and Parlays,plus the number of bets placed
- Seasonal reports which explain in detail how win by betting against the public
- View our Smart Money Betting System Tutorial Video to learn more about betting percentages and line movement
Betting Trends Example (typical NFL game)
Below is the market average view between all contributing sportsbooks.
What Does 160 Mean Betting
Team | # Bets | Sprd % | ML % | O/U % | Parlay % | Open | Current |
Buffalo Bills | 19141 | 17% | 30% | 65% | 10% | 13.5 | 14.5 |
New England Patriots | 83% | 70% | 35% | 90% | -13.5 | -14.5 |
What Does Ml Mean In Sports Betting
Sportsbook Insider Premium and Pro members can also view betting trends data at each individual sportsbook.
Team | # Bets | Sportsbk | Betus | SIA | 5Dimes | Carib | GTBets |
Buffalo Bills | 19141 | 16% | 21% | 10% | 26% | 15% | 15% |
New England Patriots | 84% | 79% | 90% | 74% | 85% | 85% |
Benefits of Tracking Betting Trends Data (Betting Percentages)
Monitoring public betting trends data is one of the most vital betting tools used by professional handicappers to find value within the sports betting marketplace. It allows you to go behind the lines and see what’s really causing the line to move. Instead of just knowing the line opened at Texas -7 and moved to Texas -8, you’ll know that 88% of the Public is betting on Texas -7 which caused the sportsbook to move the line to -8. You’ll have a clear understanding of what’s causing a line to move and which team has more value.
Betting trends can also be used to pinpoint large money drops. Simply look for line movement that contradicts the betting trends, this is known as reverse line movement. We offer innovative sports betting systems that utilize our real time odds and betting trends to alert you to profitable plays. You’ll receive an email or text message alert whenever a line moves against the public betting trends.
For example if 90% of the public is betting on Miami -3 to win, but the line moves to Miami -2, you’ll know Sharp Money came in on the other side. You would immediately look to bet Miami +3 at a slow moving sportsbook.