Basic definitions from the world of sports betting and betting overall that every punter needs to know. What are betting odds, yield or cover? Here, you will find more extensive descriptions of betting terms that are introduced in our betting dictionary.
The profit of your bets is calculated by two factors - how much are you willing to put at stake, and by the odds. The odds also give you certain dose of information on possible outcome of the match, which we’ll explain here.
The Cover is such a gaming method in which the arranging of two out of three possible variants of the given sporting bets lets you win thanks to one variant out of two and receive the betting refund at the second variant.
New bookmakers are entering the market almost every day, and tipsters can pick the one which fits their needs. So, how to choose the one that fits the most? For sure, one of the fundamental criteria must be the amount of so-called bookmaker’s margin.
Middle is the obligatory term for everyone (not only advanced punters), as well as "Contra", "Value Bet" or Yield calculation. Middle eliminates the risk of any loss, giving us the chance to win big money...
Despite what they say, most punters aren't always in the black. They may believe so, because no one really wants to remember how much they lost. That's why those who want to gain real profit have to accept that truth, and start counting their Yield - the real profit (or loss) made on sports betting.