Soccer Betting Terminologies

Amongst betting on all the sports, soccer betting or agen bola is the easiest and most profitable. You can also bet online on sites such as Sbobet, which is one of the world’s leading online gaming brands and seek the assistance of agen sbobet. Here are a few important terminologies or jargons in the world of soccer betting.

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Bookmaker- Also known as a bookie, a bookmaker is the one who fixes odds on an event and then accepts bets on the same.
Odds- Odds refer to the bookmaker's prediction of the chance of a team winning or event happening.
Punter- A punter is a bettor who bets on a match
Asian Handicap- Originated in the east, Asian handicap is a special bet that allows an advantage of goals before beginning of the match.
Betting Exchange- It is when a player instead of buying an odd of a match from a bookmaker, buys it from another player offering better odds for the match. You can also bet online on sites.

Closing Line- Also known as a final line, it is a betting line before a bookmaker sets the odds for an event.

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Fixed Odds Betting- It is when bets are placed on pre-determined odds, such that you know exactly how much you stand to gain at the time of placing a bet.

Juice- This term refers to the commission charged by a bookmaker for each bet lost

European Handicap- Not as famous as Asian Handicap, European handicap is when one of the two teams is given an advantage before the match starts. There are three possible outcomes in this also, namely home win, draw, away win.

Value bet- It is the measure of discrepancy between the bookmaker’s and the punter’s predictions for a match outcome. It refers only to the value of potentially lucrative outcomes.