You've probably heard the term RTP thrown around. RTP, or return to player, is an important concept to grasp if you want to improve your chances of winning and make the most of your gambling experience. In this article, we'll explain what it is, how it affects your winning potential, and why it's necessary to understand it when playing games at your favorite online or land-based casinos. RTP Explained in Simple Terms In the gambling industry, RTP is a term used to describe the percentage of all wagered money that a casino game or slot machine will pay back to players over time. In other words, it's a measure of how much money you can expect to win back from a game in the long term.  Every casino game has a different RTP percentage, which is typically determined by the game's rules and mechanics. It's important to note that RTP is not a guarantee of success and doesn't predict individual outcomes. Even a high RTP slot machine can result in a long losing streak or a large win on a single spin. A slot machine with an RTP of 96%, for example, will pay out $96 for every $100 wagered on average. This doesn't imply that you'll always win $96 for every $100 wagered, as actual payouts can vary greatly. However, over a large number of spins, you can expect to win 96% of your bets back. Keep in mind that the theoretical RTP is only one aspect to consider when selecting a slot machine. Other features, such as volatility, jackpot size, and gameplay, can all impact your chances of winning and overall experience. House Edge vs. Return to Player If RTP displays the returns a player can expect, the house edge is the opposite. In other words, House Edge displays the percentage of returns the casino can expect on any given game. The house edge can be inferred from the RTP, ranging from 5-20%. If a slot has a return to player of 96% (which is more or less the industry standard), the house edge is 4%. Needless to say, this percentage indicates the casino’s expected return over time and not on a single spin. The Role of RNGs in Slot RTP We’ve discussed RNGs (random number generators) extensively in other posts, so here our focus is on explaining the relationship between RNGs and RTP with online slots. Random number generators ensure that the outcome of any online casino game, including online slots, is completely random and fair. So, in addition to checking a game’s theoretical RTP percentage, to determine the fairness of games, the prevalence of random number generators in games assures fair game outcomes. RTP vs. Hit Frequency in Online Slots Another variable worth taking into account is a game’s hit frequency. This will not necessarily be displayed, but it is fairly easy to calculate by dividing the slot’s total winning combinations by the total number of outcomes. But what does it mean? In simple terms, hit frequency indicates how frequently a player will hit winning combinations. Let’s look at a real example.  If a slot has a RTP percentage of 96%, the house edge is 4%, meaning that if you spend $100, you could win $96 over time, and the casino will earn $4. If the slot has 3125 ways to win and 10 winning combinations, the hit frequency would be 0.0032, or 0.32%. The higher the hit frequency, the more wins you can expect. We need to mention that this calculation alone cannot determine a player’s final call, as the RTP, house edge and volatility also plays a significant role. The Value of High RTP for Player Wins Knowing the RTP of a game is crucial for players to have an idea of what their potential wins or losses could be over an extended time. This not only helps players manage their bankroll but also aids in being selective when finding a game to play. Ultimately, games with higher RTPs indicate a bigger chance of winning while affording more time to play. This results in players being able to make the most of their online gambling activities. The Difference Between Volatility and RTP While RTP and volatility are both important factors to consider when playing slots, they aren't the same thing, and understanding the difference between the two can help you choose the right slot game. For example, RTP doesn't account for the frequency or size of payouts, which is where volatility comes into play. Volatility in slots refers to the level of risk or uncertainty involved in playing a slot game. High-volatility games usually offer larger payouts less frequently, while low-volatility games offer smaller payouts more often. Knowing how volatility works is crucial if you want to manage your bankroll effectively and avoid losing money quickly. Failing to understand these two concepts can have a significant impact on a player’s experience and possibly, bankroll. It is of utmost importance to come to grips with the fact that the higher the RTP, the higher the possibility of winning while playing for longer. 6 Steps to Pick a Slot Based on RTP Analyzing a game's RTP is but one factor that is crucial to consider when trying to determine your odds of winning. We’ve set up a handy step-by-step guide below that will help you in fine-tuning your hunt for the best game to play, and how to go about it. #1: Opt for a Game With a Higher RTP One of the first things to check when analyzing a slot game is its RTP. If you're wondering how to find the RTP on a slot machine, you can usually see it in its paytable or rules. If you're considering high RTP vs. low RTP slots, always go for higher RTPs. #2: Choose Volatility That Suits Your Needs As mentioned earlier, the volatility of a slot game can greatly impact your chances of winning and the frequency and size of payouts. High-volatility games tend to be more appealing to those looking for big wins, while low-volatility games are more suitable for players with a smaller bankroll who seek longer sessions. #3: Examine the Payout Amounts It's also important to check the payout amounts of a slot game to see how much you can win for each combination of symbols. Payout amounts can vary significantly between different games and symbol combinations, so it's important to understand how they work. #4: Pick a Game With Bonus Rounds Bonus rounds are special features in slot games that can offer additional chances to win or increase payouts. Checking if a game has bonus rounds and what they entail can help you evaluate the overall value. #5: Look for Extra Features Finally, it's worth checking out any additional features, such as wild and scatter symbols. Wild symbols can substitute for other symbols to create winning combinations, while scatter symbols can trigger bonus rounds or free spins. Understanding these features can help you take advantage of the game's mechanics and increase your chances of winning. #6: Try the Demo Version Many online casinos offer demo versions of slot games, which allow you to play for free with virtual credits. Trying the demo version can help you get a feel for the game's mechanics and features and determine whether it's a good fit. Leverage RTP and Increase you Winning Chances Understanding the concept of RTP and its importance when playing slots and other online casino games is crucial for any gambler looking to increase their chances of winning. However, RTP is just one piece of the puzzle. Other factors such as volatility, bonus rounds, payout amounts, and additional features can all impact the outcome.  To make the most of your gambling experience, always remember to play responsibly, set a budget, and choose games that offer a balance of high RTP and low volatility. Doing so lets you enjoy the thrill of playing slots while minimizing your risks and maximizing your rewards. FAQ Is higher or lower RTP better? Generally speaking, a higher RTP is better for players, as it means that the machine will pay back a larger percentage of all bets placed over time. Do online slots have different RTPs compared to physical slot machines? Online slot games often have higher RTPs compared to slots in physical casinos. This discrepancy is mainly due to the reduced overhead costs online platforms have, such as staffing and facility maintenance. What is a good RTP for slots? A good RTP for slots is generally considered to be 96% or higher, which is around the industry average. How do you calculate RTP in a game? If a slot machine receives $500,000 in bets and pays out $450,000 in wins, the RTP is calculated as the total amount of payouts to players divided by the total amount of wagers: 450,000/500,000=0.90. This calculation shows that the RTP is 90%.

By navigating the spectrum of gambling types and understanding the degree to which mindset influences outcomes, you will uncover the diverse motivations behind gambling activities. We analyze the impact of mindset on gambling success, highlighting the advantages of maintaining a positive perspective while being wary of the perils of a negative mindset. A Look at the Gambler's Mind - What Drives People to Wager? People engage in gambling for a multitude of reasons, with entertainment and enjoyment standing as primary motivators. The thrill of picking the right outcomes and the social interaction it offers make gambling a popular pastime. Some seek an escape from the demands of daily life, finding solace in the excitement of gambling or sports betting.  Competitive spirits find satisfaction in games of skill and strategy, while others are driven by the enticing prospect of winning money to improve their financial situation. For some, it is a coping mechanism to divert from emotional stress. Regrettably, gambling addiction can entrap those who lose control, highlighting the importance of responsible gambling practices and self-awareness. Flipping the Odds - Spectrum and Nature of Gambling Activities From the traditional allure of casinos to the rapidly evolving landscape of online gaming, gambling offers a myriad of choices, each with its blend of chance and strategy. As we navigate the terrain where psychology and gambling collide, check out the relationship between an individual's mental state and the outcome of their wagers on the various types of casino games. In some cases, following all the rules and having complete discipline won't guarantee winnings. Such wins are reserved only for long-term betting systems and strategies. TypeGame PrincipleDegree of Mindset InfluenceClassic Poker and BlackjackSkill/LuckSubstantial influenceRouletteLuck/StrategyStrategy can help, but luck is dominantClassic and Online SlotsLuckNo helpSports Betting systems and modelsStrategy/LuckDiscipline guarantees winningsLotteryLuckNo help Certain betting systems guarantee wins in the extended run. The key to success is consistency, so commit yourself to one of the best-known betting strategies. Mind Over Matter -  The Impact of Mindset vs. Luck in Gambling While it's undeniable that luck plays a crucial role in gambling, it's equally valid that your mindset can profoundly influence outcomes. Whether you're sitting at a poker table, spinning the roulette wheel, or making strategic sports bets, your mental state can determine the difference between a triumphant win and a crushing loss. Practical strategies can help you harness the power of a positive mindset to enhance your gambling experiences and improve your winning potential. Fortune's Hand - Taking Luck into Equation Luck has a more significant role in casino gaming than in other activities. When playing roulette, for example, it is impossible to predict the outcome of every wheel spin. Furthermore, when playing slots, the outcome is determined by a random number generator, so there is no way to forecast which symbols will appear on the reels. Luck is essential in most games and sometimes even the only factor. Positive Thinking's Payoff - The Gambling Benefits In gambling, where chance and strategy intersect, the perspective with which a player approaches these games can make all the difference. To better understand the intricate relationship between mentality and gambling outcomes, we'll look at how a positive mindset can boost winning potential while a negative state of mind can have unforeseen effects. A positive mindset can prepare you to be precise about what game you want to play and how much money you plan to invest.  Being positive helps to concentrate entirely on the game and exclude distractions. Mindfulness helps us to think clearly. This will allow you to set aside a budget and abide by it. Fast-paced games like blackjack can be pretty addictive, so you must keep cool and not get carried away. Sufficient rest is one of the key ingredients to being more positive, or even just realistic. Classic casino games, like Texas Hold’em, for example, can last for a long time, hours in bulk. To take advantage of small edges and opportunities, players must always feel fresh and be ready to be aggressive when necessary.  Positivity brings about clarity, even when gambling. Before you start the game, you need to have a clear idea of how to play by applying your strategies and staying within the rules and etiquette. Note: Having a well-balanced outlook is key. Even if you follow all these principles, there is still a chance you won’t come out on top. Gambling is after all primarily based on chance. There is a big difference between being realistic and overly confident—don’t chase your losses and go above your set budget. From Negative Mindset to Gambling's Dark Side Gambling can serve as a refuge for those seeking an escape from life's pressures or personal issues. The temporary break from everyday challenges can be tempting. However, gambling as a coping mechanism for emotional or psychological issues can have adverse consequences. It merely conceals the issues, potentially worsening them in the long run.  Moreover, the appeal of financial gain is a powerful motivator for many gamblers. Also, believing they can recover the losses can lead individuals to chase after their initial deficits, resulting in mounting debts and a sense of desperation. Gambling for these reasons can lead to addiction, a complex issue influenced by psychological, genetic, and environmental factors. Recognizing the signs, seeking proper help and support from mental health professionals, and practicing responsible gambling are crucial steps to mitigate the potential harm of excessive gambling. Mind Over Money - The Degree of Mind's Winning Attitude As we've navigated the spectrum of gambling activities, we've witnessed the varying degrees of influence that mindset exerts on outcomes, from its substantial role in games of skill to the dominance of luck in roulette and slots. But it's the intersection of mindset and gambling that is fascinating. A positive mindset can enhance one's winning potential, while a negative mindset may lead to unintended consequences. Positivity equips gamblers with a clear focus and strategic discipline, helping them make better decisions. It fosters a consistent attitude, reducing mood swings that can lead to rash actions. Moreover, it promotes responsible gambling practices, safeguarding against addiction and the pitfalls of chasing losses. Where the stakes are high and the outcomes uncertain, it becomes evident that the mind can indeed wield a powerful influence on the pursuit of success.

Betting on sports and other events comes with its unique language and terminology. Whether you're new to the world of betting or a seasoned bettor looking to expand your knowledge, understanding the key betting terms is essential. From odds and spreads to parlays and handicaps, these terms shape the betting landscape and influence strategies and decisions. This guide will provide in-depth explanations of common sports betting terms, helping you navigate the intricacies of sports betting and gain a deeper understanding of the terminology used in this dynamic realm. How Does Sports Betting Work? Understanding sports betting terminology can be difficult at times, but most of these terms refer to a variation of one of the main three terms: selection, stake, and odds. These three betting words provide a basis for everything else in sports betting, and understanding them is a good start in your betting journey.  In this section, we'll have these sports betting terms explained simply and clearly to make it easier for you.  1. Selection In the betting world, a selection refers to the specific outcome or event on which a bettor places a wager. It represents the chosen option or prediction in a betting market. A selection can vary depending on the type of bet and the specific sport or event.  For example, in a soccer match, a selection could be betting on the home team to win, the match to end in a draw, or the away team to win. In horse racing, a selection could be wagering on a specific horse to win, place, or show. The outcome of the selection determines whether the bettor's wager is successful or not, ultimately impacting the potential payout or return. 2. Stake A stake is the amount of money that a bettor is willing to risk on a particular bet, and it's one of the most important sports betting phrases to learn. It represents a financial investment made by the bettor in anticipation of a favorable outcome. The stake amount is chosen by the bettor based on their betting strategy, bankroll management, and personal risk tolerance.  It can be any predetermined sum of money that the bettor is comfortable wagering. The stake influences the potential payout or returns if the bet is successful. A higher stake typically leads to a higher potential profit, but it also carries greater risk. On the other hand, a lower stake may result in a smaller potential profit, but it also entails less risk. The bettor must consider their financial situation and betting goals when determining an appropriate stake for each wager. 3. Odds Odds represent the likelihood or probability of a particular outcome occurring in a sports event or betting market. They are numerical values that indicate the potential return or payout a bettor can expect if their wager is successful.  Odds are typically presented in different formats, such as decimal odds, fractional odds, or American odds, depending on the region or sportsbook. The odds are determined by various factors, including statistical analysis, expert opinions, historical data, and betting patterns.  Higher odds are associated with less likely outcomes, offering the potential for greater winnings, while lower odds indicate a higher likelihood of occurrence but with lower potential payouts. Understanding and analyzing the odds is crucial for bettors to make informed decisions and assess the risk-reward ratio of their bets. Sports Betting Terms  Now that we've established the basics of the sports betting lingo, we can dive deeper into other betting terms. There are specific terms that describe types of bets, betting strategies, betting markets, and other components. In the following betting glossary, we have sorted out the most frequent terms in alphabetical order with a brief explanation of each. You'll talk like a sports betting expert in no time! Accumulator A type of wager that combines multiple individual bets into a single bet. In an accumulator, the winnings from the first bet are automatically rolled over to the next bet, with each subsequent bet dependent on the success of the previous one. Action  Action refers to any wagering activity or bets placed on a particular event or game. It can be used to describe the overall level of betting activity or the specific bets placed by an individual or a group of bettors. Across the board A type of wager that combines three different bets on a single horse in a race. When you place an "across the board" bet, you essentially place three separate bets: a win bet, a place bet, and a show bet. AET odds This term stands for "After Extra Time" odds. It is commonly used in sports betting, particularly in knockout-style tournaments like soccer or basketball, where matches may have overtime periods if the game ends in a tie.  Alternate Lines  Differential odds from the main line. They are used in basketball and football with point spreads and game totals to allow players more flexibility in these markets. American Odds American odds, also known as moneyline odds, are a popular method of representing betting odds in the United States. These odds are presented with a plus (+) or minus (-) sign, indicating the underdog and favorite, respectively. Positive odds represent the potential profit on a $100 wager, while negative odds indicate the amount one needs to bet to win $100. Arbitrage Arbitrage wagering, also known as ARB, is a wagering strategy that covers all possible outcomes of a single game. Bettors take advantage of discrepancies in odds offered by different bookmakers to guarantee a profit. However, these profits are usually small because the odds are usually carefully placed by bookmakers.  Asian Handicap Asian handicaps are a type of betting market primarily used in soccer (football) matches, designed to eliminate the possibility of a draw or tie outcome. The concept involves giving one team an advantage or a disadvantage in terms of goals before the match begins. ATS (against the spread) Betting against the spread means wagering on the outcome of a game while factoring in a point spread set by oddsmakers. When betting against the spread, you're not solely predicting which team will win or lose but rather if a team will perform better or worse than the point spread. B Backdoor Cover This term describes a situation where the underdog team manages to score points late in a game, allowing them to cover the point spread just before the game ends. This outcome can occur when the favorite team has a comfortable lead throughout the game but fails to win by a margin large enough to cover the spread.  Bad Beat The player experiences a bad beat when their wager looks like it will win but ends up losing. When points are scored late in a match, this often results in a bad beat. A bad beat will occur from time to time to players who wager on game totals, point spreads, and moneylines. Bankroll An account where betting money is deposited or set aside. Winning wagers increase a player's bankroll while losing wagers decrease it. Bankroll Management Proper bankroll management is similar to managing a personal bank account. When managing a sports betting budget, it's important to set wagering limits, look for the best odds value, and only wager what you can afford to lose. Bet Any wager placed on a certain outcome in a sports event. Betting Exchange A betting exchange is a platform or marketplace where individuals can bet against each other rather than against a traditional bookmaker. It allows users to both back (bet on an outcome to happen) and lay (act as a bookmaker, accepting bets) on various sports events or other outcomes.  Betting Strategy There are several strategies bettors use to beat bookmakers. Performing extensive research before placing a wager should be a primary betting strategy. Bookie Short for a bookmaker. Bookmaker A licensed individual who accepts wagers and sets betting odds. Bookmakers are also known as linemakers. Buy Points Bettors can gain a more favorable line by using alternative point spreads and game totals. For example, a player can buy one point to raise a spread to +3.5 points if the line is set at +2.5 points and increase the odds. C Commission  Refers to a fee charged by a betting exchange or sportsbook on the net winnings of a bettor. It's a percentage of the profit made from successful bets and is deducted from the winnings before they are paid out to the bettor.  Correct Score These lucrative betting markets carry high odds, as players are trying to predict the correct score of the game. This market is mostly used in football.  Cover/Covering the Spread Any bet in which the final score exceeds the point spread if the favorite is victorious. If the Patriots beat Miami 32-21, they would cover a -10 point spread. Betting on the Patriots to win 29-21 will lose bets since they won't cover the spread. D Double Action Double action bets, also known as "If bets," automatically take the stakes and winnings from a successful wager and use them on a second wager. If the first wager loses, the second one is canceled.  Double Bet A type of wager that combines multiple individual bets into a single bet. In a double bet, bettors select two separate outcomes they want to bet on, and both selections must be correct for the bet to be a winner. Double Result This is a betting option where the halftime and end-of-game bets are combined into one betting market. For example, you can bet that the home team will lead at the half and that the away team will win the game in the end. These markets usually have high odds. Double-Header Refers to a day or event where two games or matches are scheduled to take place consecutively at the same venue. Typically, a double-header involves two consecutive games in the same sport, such as two baseball games or two basketball games. Draw Draw is when a sports event is finished with a tied result. While some sports have draws included in the markets, sports with overtime usually disregard the draw at the end of regulation. Drift After the opening odds are posted, the odds can grow or fall, which is called drifting. Moneylines that move from +220 to +225 to +230 are considered drifting. E Edge It's the ability to gain a competitive advantage through much research or insights not available to the general public. Exotic Bet A type of wager that goes beyond the traditional outcome of a game or match. It involves betting on specific events or occurrences within a sporting event, such as the number of goals scored, the performance of an individual player, or the timing of specific events. Exposure Bookmaker's potential loss on any given wager. F First-Half Bet In sports like basketball, soccer, and football, a first-half wager is based on the results of the first half. The most popular betting odds are spreads, moneylines, and game totals for the first half.  First/Last/Anytime Scorer This is a list of three pre-game prop bets offered across many sports with which you can bet on the first scorer in the game, the last scorer in the game, and if a player will score at all.  Fixed Odds Refer to predetermined odds that are set at the time of placing a bet and remain unchanged regardless of any subsequent fluctuations in the market. These odds indicate the payout a bettor will receive if their wager is successful. Fractional Odds Fractional odds, also known as British odds or traditional odds, are a way of expressing betting odds commonly used in the United Kingdom. They are presented as fractions, such as 2/1 or 5/2, representing the potential profit relative to the stake. Futures Bet Those are wagers placed on events that will occur in the near or distant future. There are several popular futures options to choose from, including the champions of the Super Bowl, Stanley Cup, NBA Finals, and World Series.  G Game Total Bet An over/under bet based on the expected number of goals/points/runs in a game.  Graded Bet A wager that has been settled and its outcome is determined by the bookmaker or sportsbook. Once the event or game on which the bet was placed has concluded, the bookmaker reviews the results and grades the bet as a win, loss, or push (tie).  Grand Salami A wager that involves betting on the total number of goals/runs scored in multiple games or matches within a specific sport on a given day. It is often associated with hockey and baseball betting. H Halftime Bets Wagers that are based only on results from either of the halves in sports like football or the NFL. These include moneylines, spreads, over/under, and more.  Handicap A type of wager that introduces a handicap or point spread to even the playing field between two teams in a sporting event. The stronger team is given a handicap by deducting points from their final score or adding points to the weaker team's score.  Handicapper An individual or entity that specializes in analyzing and predicting the outcomes of sporting events to provide betting advice or recommendations. Handicappers can be independent professionals, part of betting services, or associated with sports media outlets. Home Field Advantage Playing at home in familiar settings can benefit a team. That is why the odds are in favor of the home team, even if the teams are similar. Hook Refers to half a point added to or subtracted from a point spread or total line. The purpose of the hook is to eliminate the possibility of a tie or push in the betting outcome, forcing bettors to take a side and creating a clear winner or loser. I In-Play Betting In many sportsbooks, players can place wagers while the game is happening. This is called in-play betting and includes betting markets like the next goal scorer, spreads, and moneyline bets.  J Joint Favorite Two or more participants or teams that are given equal or nearly equal chances of winning an event or competition. They share the status of being the favorites in the field. Juice Another term for "vig" or "vigorate." It refers to the commission or fee charged by a sportsbook or bookmaker on a bet. The juice is typically expressed as a percentage and is factored into the odds to ensure the bookmaker maintains a profit margin. L Layoff A practice where a bettor reduces or hedges their risk by placing additional bets on outcomes that offset or balance their existing wagers. It's often done to minimize potential losses or secure a guaranteed profit. Limit Different sports and betting options have different wagering limits. Players should set and adhere to their betting limits as part of a good bankroll management system. Line Refers to the point spread, moneyline, or total set for a particular game or event. It's the set of odds or handicaps established by oddsmakers to even out the betting action and create balanced wagering opportunities. Linemaker Someone in the organization of the bookmaker that sets the odds for sports events of the day.  Listed Pitchers The specific starting pitchers for each team that are designated by sportsbooks at the time of placing a wager. When a bet is made with listed pitchers, the bet is contingent upon those pitchers starting the game for their respective teams. If there's a change in the starting pitchers, the bet may be voided or adjusted according to the sportsbook's rules. Live Betting Live betting is available once a sporting event begins and is referred to as in-play wagering. As each match concludes, the spreads, moneylines, and totals are updated. Several props are also available, such as the correct final score and the next goalscorer. Lock A bet or selection that's considered highly likely to be successful or have a high probability of winning. It implies a level of confidence in the predicted outcome, often based on strong statistical analysis, expert opinions, or inside information. Longshot A selection or outcome with low odds or a low probability of occurring. It's an underdog or unlikely contender that's not expected to win or succeed.  M Middle A bet that pays out both sides. Whenever a point spread moves up or down before a match, bettors have an opportunity to middle. Moneyline A straightforward method of indicating the odds for a particular team or participant to win a game or event. It is expressed as a positive or negative number, with positive values indicating the potential profit on a $100 bet and negative values representing the amount needed to be wagered to win $100.  Multiple Bets The same as parlays, multiple bets are single wagers that contain at least two sides on the same ticket. To cash multiple winning bets, all sides must win (or push). MVP Players of the season or playoffs voted most valuable to their team. The most valuable player in a professional sport is a popular futures bet. For example, Tom Brady is a four-time Super Bowl MVP. N Nap Naps are a handicapper's recommended best bet on a daily betting card, similar to locks. No Action When a bookmaker cancels a betting option, it is graded as a no action. Bettors are refunded their original stakes. O Odds A number that represents the probability of the bet winning. Odds also show how much money you can make by betting on a certain market. Odds Formats The three main odds formats are American (+100), decimal (2.00), and fractional (1/1). Oddsmaker Also known as a linemaker, it's someone who sets betting lines for each day. Odds on Favorite When a team or a participant is the overwhelming favorite, they tend to have really low odds. By seeing the odds differential, bettors can determine who is the favorite and by how much.  Odds Shopping Comparing the odds at various sportsbooks to discover the best price. Off the Board A situation where a particular game or event is temporarily unavailable for betting. This can happen due to various reasons, such as uncertain player availability, injury concerns, or significant line-up changes. Outright Betting Wagering on the outcome of an entire competition or event rather than an individual game or match. It typically involves predicting the winner of a tournament, league, or championship before it begins or at an early stage. Over Bet A wager placed on the total combined score, goals, or points of a game exceeding a specified number set by the sportsbook. The bettor is predicting that the total score or outcome of the game will be higher than the given line. Over/Under Lines are given as a number indicating the number of runs/goals/points scored. To place a bet, bettors must determine whether the combined scores of both teams will go over or remain under the line.  P Parlay A single bet that includes two or more selections. Also called an accumulator or multiple. A winning ticket must have all the selections as winning bets.  Parlay Banker A selection or bet that's considered the most confident or certain among the multiple wagers included in the parlay. The banker is typically the strongest or most heavily favored pick that the bettor is highly confident will win. Payout The amount of money a bettor receives if their wager is successful. It represents the total return, including both the initial stake and the winnings. Point Spread A betting line established by oddsmakers to create a more balanced wagering environment in sports betting. It's designed to handicap the favored team and give the underdog team a theoretical head start in terms of points. Post Time The scheduled time at which a race is set to begin. It's the designated moment when the horses are released from the starting gate, and the race officially commences. Power Rankings Power rankings are a system used in sports to rank teams or individuals based on their perceived strength or performance level. A combination of statistical analysis, expert opinions, and historical data often determines these rankings. Proposition Bet A proposition bet, also known as a "prop bet," is a type of wager that focuses on specific events or occurrences within a sporting event. Prop bets can be related to individual player performances, team statistics, or specific outcomes that are not directly tied to the final result of the game. Proxy An individual or service authorized to place bets on behalf of another person.  Public Money Refers to the collective wagers placed by the general public or casual bettors, rather than professional or sharp bettors. It represents the bets made by the majority of recreational bettors, often influenced by popular opinion, media coverage, or public sentiment. Puck Line In hockey betting, a "puck line" is a form of point spread betting. It involves placing a wager on the margin of victory for a specific game. The puck line typically sets a standard spread of 1.5 goals, with the favorite team needing to win by two or more goals to cover the spread, while the underdog can either win the game outright or lose by one goal. Push A situation where the result of a wager ends in a tie or lands exactly on the point spread or total line. When a push occurs, the bettor neither wins nor loses the bet, and the original stake is typically returned. Q Quarter Bet A type of wager that focuses on the outcome of a specific quarter or period within a game. Instead of betting on the final result, bettors can place bets on the point spread or total for a particular quarter. R Recreational Bettor One who rarely bets or bets on only major sporting events. Recreational players bet public money. Rotation Number A rotation number is a unique identifier assigned to each team or participant in a specific game or event. It's a standardized numbering system used by sportsbooks to organize and track betting options. Run Line Baseball point spreads. In most cases, the underdog odds are listed at +1.5 runs, and the favorite odds are listed at -1.5 runs before a game.  S Second-Half Bet A type of wager placed specifically on the outcome of the second half of a sporting event, typically in games with halftime breaks, such as basketball or soccer. Sell Points Refers to the option of buying a better point spread or total line in exchange for accepting lower odds or a reduced potential payout. It allows bettors to adjust the lines offered by sportsbooks in their favor by adding points to the underdog or subtracting points from the favorite. Sharp An expert sports gambler who uses a wide variety of resources to determine their bets. Their bets are based on knowledge, and they look at the big picture. To get the best value, professional bettors shop around for the best prices. Spread Betting A form of betting where the outcome is determined by the accuracy of a prediction rather than a traditional win or loss scenario. It involves placing wagers on the range or "spread" of a particular outcome, such as the number of goals scored in a soccer match or the point difference in a basketball game. Sportsbook A sportsbook refers to a facility, establishment, or online platform that accepts and facilitates sports betting. It serves as a marketplace where bettors can place wagers on various sports events, such as football, basketball, soccer, or horse racing. Stake Refers to the amount of money that a bettor wagers or puts at risk on a particular bet. It represents the financial investment or the value of the bet. Staking Method A specific strategy or approach used to determine the size or proportion of the wager (stake) placed on each bet. It's a systematic way of allocating betting funds based on factors such as the perceived value of the bet, the bettor's bankroll, and the level of confidence in the selection. T Taking Points Betting on the underdog team or participant by accepting the points given to them by the sportsbook as part of the point spread. The bettor is essentially starting the game with an advantage in terms of points added to the underdog's score. Teaser Card A form of sports betting offered by some sportsbooks where bettors can select multiple teams and adjust the point spreads or totals for each game in their favor. It typically involves selecting at least two or more teams and adjusting the lines by a predetermined number of points, known as the teaser points. Ticket The receipt that the bookmaker issues to confirm the acceptance of a wager. Tip Tipsters and handicappers offer betting advice that indicates the most likely outcome of events. When used with a proper pre-game research plan, tips can prove helpful but should never be used blindly. Tipster An individual or entity that provides predictions, tips, or recommendations on the outcomes of sports events or betting opportunities. Tipsters typically have expertise or knowledge in a specific sport or betting market and share their insights with others for a fee or through various platforms. Three-Way Odds Commonly used in soccer (football) betting to represent the potential outcomes of a match. In three-way odds, there are three possible options: "1" represents a home team win, "X" indicates a draw or tie, and "2" signifies an away team win.  Two-Way Odds A wagering option without ties, including two sides. There are only two betting options: either the home team wins, or the away team wins. It's common in basketball betting.  U Underdog Refers to the participant or team that is thought to have a lower chance of winning in a particular sports event or competition. They are typically expected to be less skilled, less favored, or facing stronger opponents.  V Vigorish The commission or fee charged by a sportsbook for accepting and facilitating bets. It is the bookmaker's way of ensuring a profit margin on the overall betting activity. The vig is typically included in the odds offered, where the odds are slightly adjusted to account for the commission. W Wager A bet placed on any sport, casino game, or horse race played at a sportsbook, casino, or racebook. Summary of Sports Betting Terms In conclusion, understanding various sports betting terms is crucial for anyone interested in sports betting. From selection and stake to odds and accumulators, each term plays a significant role in shaping the betting experience. Being familiar with these terms allows bettors to navigate the betting landscape with confidence, make informed decisions, and develop effective strategies.  Having a solid understanding of sports betting terms will enhance your overall betting experience and help you make more informed and successful wagers. So, equip yourself with the knowledge of these betting terms in sports and take your betting game to the next level.  FAQ What are common sports betting terms?  Common sports betting terms include "spread," "moneyline," "over/under," "parlay," "handicap," "juice/vig," "favorite," and "underdog," among others. What is +200 in betting?  +200 represents the American odds format for a positive underdog. It means that a $100 wager on the underdog would result in a $200 profit if the bet is successful, in addition to the return of the initial $100 stake.  What does +1.5 mean in sports betting?  +1.5 indicates a point spread. If a team has a +1.5 spread, it means they are the underdog and can lose the game by up to 1 point (or win the game outright) for the bet to be a winner. How do you read moneyline odds?  Positive moneyline odds, such as +200, indicate the potential profit on a $100 wager if the bet is successful. Negative moneyline odds, such as -200, indicate the amount of money you would need to wager to win $100.

Blackjack is a casino game where a combination of luck and skill can bring you a lot of money, and many players have their own "from rags to riches" stories to tell. Unlike playing slots, where you need to rely on luck alone, playing blackjack requires understanding a blackjack cheat sheet, so you can devise a solid strategy and, ideally, card counting skill. Stay tuned as I’ll provide details on soft and hard hand combinations, basic blackjack strategy, and frequently asked questions. Blackjack Cheat Sheet Combinations The goal of casino games is to entertain you while taking risks. Gamblers are always looking for ways to lower the house edge in order to make the best of a bad situation and improve their chances of winning. And, in order to achieve this, players use a blackjack cheat sheet. If you plan to play a game against the dealer, you can easily improve your chances of winning if you know how to use it. The blackjack cheat sheet is a necessary tool that was made to help players improve their game and increase their chances of winning big while lowering the house edge. We'll look at two different cheat sheets in this guide. One is based on what happens when the dealer has a soft 17, and the other is based on what happens when the dealer hits. First, you need to know what the phrase "soft hand" means. When a player has an ace in their hand and can't go bust after a certain draw, they have a "soft hand." Because an ace can be counted as either 1 or 11, the total value of your hand cannot be more than 21. If you have an A and a 6, for example, it could be a 17 or a 7. "Soft 17" is the name for this hand, and if you have it, you can draw freely without worrying. Soft Combinations Here are all the different ways you can have a soft hand: A2/13 — 13 or 3 A3/14 — 14 or 4 A4/15 — 15 or 5 A5/16 — 16 or 6 A6/17 — 17 or 7 A7/18 — 18 or 8 A8/19 — 19 or 9 (in most cases you should stand) A9/20 — 20 or 10 (in this case you should always stand) If you have an ace and a 10 or a face card, you’re guaranteed to have an unbeatable blackjack. Hard Hand Combinations Besides a soft hand, there’s a hard hand which is also called total. It’s any pair of cards other than an ace. With a hard hand, it's likely that you'll go bust after drawing another set of cards. Among the hard totals are the following: 9 — 7 (Hard hand 16) 8 — 6 (Hard hand 14) 10 —7 (Hard hand 17) If you have a high card in this situation, it’s likely that you will break. Therefore, drawing when you have a bad hand is a risky thing to do. Before we go into the cheat chart, let’s go over moves and how they’re represented in the picture. H – Hit S – Stand P – Split Ph – If allowed, split, otherwise hit. Pd – If allowed, split, otherwise double. Ds – If possible, double, otherwise stand. Dh – If possible, double, otherwise hit. Rh – If you can, surrender, otherwise hit. Rs – If you can, surrender, otherwise stand. Rp – If you can, surrender, otherwise split. Now, we'll look at the optimal basic strategy cheat sheet for a game of blackjack with 4 to 8 decks.

Blackjack Cheat Sheet

The Basic Blackjack Strategy Before going into details about different actions, we’re going to explain the basic moves of blackjack: Stand — You should choose to play stand when you have a good combination of cards. It’s counted as a positive move because you’re waiting for one more card. Double down — When it’s possible, you can double down on your previous bet. The most common thing players do in this situation is doubling down or hitting if they have a hard 10 or hard 11. Hit — When you don’t have a good hand, you should play hit and draw one more card, specifically when the dealer has already shown his card. Give up or not — The first thing you should think about when playing your hand is whether or not to give up. You can do this only after you’ve been dealt your first two cards. If you’ve taken a card, you’re not able to give up. Break or not — This is an option when your first two cards are a pair or when you have two ten-valued cards (a king and a jack, for example). It’s the second most important decision you’ll make. Double or not — Keep in mind that in certain online casinos, you can’t double on some hands. Try to rule this out before moving on. If your basic blackjack chart strategy says you should double, take this as a good sign! What it’s telling you is that you’ll probably win the hand. Strike or stand — This is the last thing to think about in basic strategy. If there are no other options, you should choose hit or stand. If you want to learn more, check out our article about different versions of blackjack where you can read about additional rules. Analyzing the Blackjack Cheat Sheet If you want to learn how to play blackjack like a pro, you should practice by playing the game and looking at the blackjack cheat sheet at the same time so you can memorize it and use it properly when you decide to play for real money. For example, you may find that if the dealer shows an 8 or a higher number, you aren't usually expected to split pocket pairs that are lower than 88s. Another important thing to remember is that you shouldn’t split tens because you’ll have 20 in your hand and the dealer can’t beat that so easily, you should just keep it and take your win. Take a look at our table to find out more: The Dos Within Blackjack The Don’ts Within Blackjack Split 88s and aces Don’t follow the dealer’s rules too strictly Unless the dealer has a 7 or higher, you can split 2, 3, 6, 7, and 9s Don’t hit again when you have a “soft 19.” If you have 11 or less, take the hit Don’t split pairs of Jacks, 10s, Kings, or Queens, which are all worth 10. If the dealer has a 7 or higher while you have between 12 and 16, take the hit Most of the time, when the dealer has an ace, he or she gets the standard 30%. So, it doesn’t make sense to put money on him. Avoid buying insurance. When you have a soft 17, take a hit Conclusion It's important to go beyond the cheat sheet if you want to get better at playing online blackjack. Don’t worry, the game won’t scare you. It's based on clear, simple rules — you just need to get all the necessary information. Learn the basic rules of blackjack and the different ways you can play the game. Also, learn the game's basic strategy, how to count cards, and how to use the blackjack cheat sheet like a pro. If you know enough about the strategy of the game and counting cards, you'll be able to play blackjack without any problems. FAQ Can you use a cheat sheet at a blackjack table? Casinos don’t have cheat sheet rules, so players can use strategy cards. Should you hit on a 12 or 13 in blackjack? Blackjack players usually hit on eight or less and stand on 12 or anything higher. However, if the dealer has a three, you should hit on numbers from eight to twelve, and stand on thirteen or higher.