Common Betting Terms Used in Bovada Id: A Quick Overview

  • Arbitrage – In the context of sports betting in Bovada Id, it is a situation in which a punter can ensure a net return by backing all outcomes due to a discrepancy in bookmaker odds.
  • Bad Bear – A bad beat is defined as losing a bet in uncommon or exceptional conditions. Losing a low-odds bet on an obvious favourite and losing a wager in the last seconds of a game are two examples.
  • Banker – A slang term for a wager that is quite likely to win.
  • Bookmaker Margin (Advantage, The Edge, Juice, Vigorish) – The bookmaker's profit margin (commission) for a betting market. Find out more.
  • Boxed Multiple (Round Robin) – A multi bet that combines one or more single bets and/or parlays in such a way that not every pick must be accurate in order to earn a return.
  • Credit Betting – Credit betting entails betting with a bookmaker utilizing a credit line. This allows you to gamble without first making a deposit. If your bet wins, the money is deposited into your account. If your bet loses, you have a certain amount of time to replenish your account. Assume you have no money in your betting account but $200 in credit. If you win a $200 bet at 1.50 odds, you will receive $100 in your account, which you can withdraw or use to make other wagers. If you lose your bet, you must deposit $200 into your betting account.
  • Dead Heat Rule – A common rule in which wagers are paid at the face value of the ticket (total payment including the initial stake) divided by the number of contestants who drew for that placement in the event of a tie/draw/dead heat where odds on such outcome were not given. Because there are two contestants in head-to-head betting, the payout is half the value of a winning wager. For example, if a rugby league game ends in a draw and you bet $10 at odds of 1.50, you would receive a payout of $10*1.50*0.5 = $7.50, resulting in a net loss of $2.50. If you had backed the underdog at 2.60 odds, you would have received a payment of $10*2.60*0.50 = $13.00 for a $3.00 net profit.
  • Dividend – The monetary payout or return on a winning bet. A winning $10 bet at 3.00 odds would result in a $30 payout.
  • Even Money – A betting outcome with odds of 2.00 decimal.
  • Exotic Multiples – Exotic multiples are wagers that incorporate one or more single and/or multi bets. Some instances are provided below. The topic of multi betting will be covered later in this tutorial.

    • Trixie – 4 bets with three options. To receive a return, at least two selections must win.
    • The Patent – 7 bets with three choices each. To receive a return, at least one option must win.
    • The Yankee – 11 bets with four options. To receive a return, at least two selections must win.
    • The Lucky 15 – 15 bets with four options. To receive a return, at least one option must win.
    • The Super Yankee – 26 bets with 5 selections, at least two of which must win to get a return.
    • The Lucky 31 – 31 bets with 5 options. To receive a return, at least one option must win.
    • The Heinz – 57 bets with 6 picks. To receive a return, at least two selections must win.
    • The Lucky 63 – 63 bets with six options. To receive a return, at least one option must win.
    • The Super Heinz – 120 bets on 7 different options. To receive a return, at least two selections must win.
    • The Goliath – 247 bets with 8 selections. To receive a return, at least two selections must win.

Bovada Create Account, Bovada id, Bovada Register, Bovada Sign up

Bovada Create Account, Bovada id, Bovada Register, Bovada Sign up

Bovada Create Account

Bovada id

Bovada Register

Bovada Sign up