Getting into betting is easy, if you place a bet on line. But if you’re around other betters and want to sound like you know what you are doing, or at least understand what everyone else is talking about you can learn the terms that are mostly used in the betting world. If you want to try and remember a lot of them, it might be easier to print out a list and keep the list on hand in case someone mentions a term that you haven’t heard before.

Most terms are easy to figure out, from Action: a wager of some kind, a bet. Bookie: a person who accepts sports bets. There are also different terms for money that is placed down. Dollar for the betting world is $100, a Dime is $1000 and a Nickel is a $500 bet. More simple ones are Ticket: which is you’re bet. Tout: a person who will sell their knowledge on sport betting.

If more terms are what you are looking for, maybe it’s the term Even Money: a bet whose odds are 1/1. Handicapper: a person who studies the rates of a team then bets. Holding your own: you are neither winning nor losing, you are breaking even. Juice: bookmarker’s commission. This is also known as the “vig” or vigorish.

Some meanings might change from place to place. But most are the same and you should be able to show that you know what you’re doing and you should gain respect from you’re fellow bettors this way.

If you’re just starting betting on horses some quick terms you need to know are easy. Filly is a female horse under the age four; a Mare is over the age for four. Colt is a male horse under the age of four. Another term is Furlong, it’s a unit of distance used in horse racing.

There are many terms for sport betting, some that you might not need to use while you’re betting, but looking them up will give you more knowledge on betting and your betting friends are trying to tell you something in their lingo. The sport betting terms mentioned above are just a few of what are out there. Pick and use the ones that work for you!

There are different terminologies for horse racing then there is for other sport betting. Learning these terms might give you an upper hand if you decide to try your hand on betting on race horses.

Knowing some more information on horse races might help your knowledge also. Horse racing has been around for a long time. In the 1750’s the Jockey Club was formed to form rules and regulations for the races.

Some are terms that will come in handy while betting. Most will help you start gathering knowledge on horses and races. This information might help you decide on how you want to start betting on race horses.

•     Across the board: this is when you bet for a horse to win, place and show.
•     Board: the tote board where all the odds are placed. This will have your betting pool here and extra race information.
•     Closer: a horse that runs best in the latter part of the race. They like to hang back and come from the back to win.
•     Daily Double: this is a type of wager, calling for the selection of winners of two races. This is normally first and second place.
•     Fast Track: the track is dry, fast and even.
•     Furlong: one-eighth of a mile. 200 yards or 660 feet.
•     In the Money: finishing first, second or third.
•     Lock: slang for “sure thing”. A winner.
•     Odds-on: odds of less then even money.
•     Win bet: wager on a horse to finish first.

There are many other terms that you can learn. But if you’re placing a few bets most of these are the best ones to know. Even if you don’t remember most of them, if you stick around the track long enough you’ll pick up a lot more terminology.

Even if you don’t think you need to pick up some terms, you still might be able to bet towards how you feel. Watch the horses before they head out, also watch the races for the day before you bet; see how fast the track is running.

Most of all have fun when you’re at the tack. Horse racing is an amazing sport that has a long lived in the United States and the world.

If you don’t bet on regular games during the season you might want to think about betting on some playoff games. If you plan ahead you can take some quick notes on games that you want to bet on. You can choose from football, basketball, baseball and more. This will give you a good base on where to bet from.

You don’t need to take notes on all games. Though your favorite team might not make it to the playoffs you can still bet on the playoffs. If this happens you can still bet on the playoff game. Any bet you place will be a chance in winning.

With the internet now, you can do a bit of research, looking for information on players and the teams that are playing for the finals. Make sure that you jot down a few ideas for bets. If you think that you can remember most of the information you are finding. Go for it. But if you keep information down you can go through these notes quickly to find the information you need.

Betting on playoff games is quick. Knowing any kind information on the games you are betting on will be a great help. If you are just going to make friendly wagers with friends then you don’t need to keep information handy.

You can also look at the odds of each game that will be played. This will also help you get a better idea of what team to bet on. Betting on the team that has the odds will give you a small return, but you will be betting on more of a sure thing.

Knowing the team you’re betting on though is a must. It’ll be easy to keep tabs on all your games. Even if you don’t watch the games you are betting on you can keep track of your games over the internet. You’ll be able to get up to date information on each game right at your fingertips from the internet.

Most of off all if you’re betting on playoff games this will be the final game of the season. There will be a lot riding on these games, from the actual thrill of the game, to the chance of winning some money. Have fun with placing some money on a game, and watching the game!

I guess all of you have heard those legends about people that have invented and used sports betting systems for them to avoid loses and obtain great profits in the end. Well, in today’s high tech world where sports betting industry is continually growing and making bigger and bigger profit every year, it is almost impossible to think that many people still live from betting. Many have said that maybe it’s because of the sports betting systems they use that they still continue to bet for the hope of winning bucks. The truth of the matter is, there is really no particular system that can promise you 100% profit and no risk of getting broke.

Nevertheless, many bettors believe that there are still certain sports betting systems that work pretty well for a lot of people. These sports betting systems, although functional to some extent, however, imposes bigger risk for the players. Here are few of them:

Martingale System

Martingale System is basically the best known sports betting system in the world. It has nothing to do with picking the winner as the whole story of this system is in picking the right stakes. Well, according to some resources, the Martingale System of sports betting is based on the probability of losing infinite times in a row. It is applied by starting with one bet, and starting again if you win. However, if you lose, you double your bet, and each time you lose, you double your last lost bet. As believed, this will eventually makes you win the betting and when you win you would recover all your lost bets plus one unit profit against your initial wager. The most important sentence when it comes to Martingale is “double you stake after you loose and start again when you win”.

Parlay System

Parlay System is one of the most well-known sports betting systems that are commonly used in horse racing. Experts have said that unlike the other sports betting systems, the Parlay System has the effect of pyramiding your profit. Pyramiding is actually a parlay wager whereby the original wager plus its winnings are played on successive wagers. Following the principles of pyramiding, what is basically involved in the Parlay System of sports betting is that you make a bet and if you win you re-invest the winnings on the next bet. So in horse racing, for example, you simply let it ride. Also, unlike the other sports betting systems, the Parlay System offers the least amount of risk of all wagers for the reason that the bettors are only concerned with either a win, place or show selection or a combination of the three.

Paroli System

Of all the well-known sports betting systems, the Paroli System is said to be the opposite of Martingale. Well, the difference lies on the idea that on Paroli, you start with one bet and increase the bet when you win rather than you lose. The main advantage of this one of the most popular sports betting systems is that you do not need a large bankroll. The system lets the profit run and cut short the losses.

Thousands of people from around the world bet on sports for a number of reasons. Many of them do it for pure fun or to make the game more exciting, while others do it for money. Well, whatever your reason for betting on sports, it is important to note that contrary to what many have known, sports betting is not really a “get-rich-quick-scheme”. If you want to succeed or win consistently, you must exert hard work, and consider solid preparation, enough knowledge of the sport you are betting on, strong money management skills, and of course discipline.

Below are some sport betting tips that can help you increase your winning percentage. Just note and understand each one of them for these sports betting tips may make your sports gambling profitable.

Sports Betting Tips #1: Knowledge of Sports Betting

When considering sports betting, it is very crucial to acquire a very good idea of what you are doing. As often said, jumping into sports betting without a proper knowledge of the scheme as well as the game is suicidal. You will just be risking your money. So if you don’t have the knowledge, then don’t proceed until you are not yet knowledgeable enough. Go to someone that does understand the nature of sports betting, or read some books or articles online about sports betting. And, if you are going to wager on a particular sport, like football for example, then make sure that you know all you can about it.

Sports Betting Tips #2: Proper Money Management

A proper money management plays a very crucial role in every gambling game. This is no doubt one of the most important aspects of betting on sports, but this is also somehow one of the most neglected. Well, as far as I understand the nature of sports betting, the first key to a strong money management is to make sure that that you are not going to bet more than you can afford to lose.

This is just one of the best sports betting tips I can give you. The most important thing to remember when betting on sports is to save a space for your extra money for betting. To put is simply, try to set aside a certain portion of your money for betting and if possible stick with that bankroll, win or lose.

Note that although you bet on sports for money, winning money on sports is actually not a sprint. Based on the psychological studies, if you bet your entire bankroll on one game and you lose, chances are you are going to chase your losses. But, if you tried to spread your bankroll among a number of smaller bets and you succeeded in doing so, you are more likely to generate a profit in the end, if and only if you do the proper homework. If you are thinking of chasing your losses, don’t do it. As what many experts have said, there is no worse way to mismanage your bankroll than to chase your bets after a losing day.

Sports Betting Tips #3: Discipline

This one of the important sports betting tips can’t be stressed enough. One thing to note here is that it is very easy to lose control when betting on sports, especially after a few tough losses. So if you find yourself losing more money in betting on sports, try to disciple yourself. Don’t get upset or double or triple your bets for that may only dig you deeper into losing.