It is for that reason that we have decided to create a unique betting glossary, where you can find these and many other football betting terms explained in plain English. The soccer betting glossary is not only designed to explain the latest betting terminology, but is meant to outline the most important features of each and every betting term, as well as give pros and cons for using that particular betting option.
What is PK Soccer Betting? PK does not mean penalty kick no! PK or pick’em in soccer betting is a point spread in which neither team is getting points. This is considered the safest betting strategy that can protect you from unpredictable results. Sometimes online betting sites show it as +0 or -0.
The official betting line set on a game or event before it begins. Consensus Pick. Consensus pick refers to how the betting public as a group have placed their bets on a game. Some bettors use a strategy that suggests betting against the consensus pick because the majority of people are usually wrong. Cooler. Someone who is thought to be bad luck.
Action: Having a wager on a game. ATS ("against the [point] spread"): If a team is 5-2 ATS, it means it has a 5-2 record against the point spread, or more commonly referred to simply as the ...
Betting terminology refers to the language used in the betting world. Some of the words are unique to the world whilst others are borrowed from the English language and mean something quite different outside.
In sports betting consensus could be the most popular teams bet or line available for a game. Contrarian – Betting against the trends of the mainstream popular opinions. Bettors usually place contrarian wagers when there is value on the opposite opinion.
Contrarian Betting – Also known as betting against the public, contrarian betting finds value by betting on games with lopsided betting percentages. Cover – In sports such as football and basketball, a bettor wins their bet if they cover the point spread. For example, if you bet a 7-point favorite and they win by nine, you have covered the ...
Well… The most common soccer bet – win, draw or loss – is a classic 1X2-bet. In 1,X,2 simple betting, 1 means home win, X means draw and 2 means away win. Some brokers offer double chance bets – 1X, X2 or 12. Let’s take the example of Arsenal vs. W.B.A: If you bet 1, it means you’re betting on a home win by Arsenal with an odd of 1.28.
Pinnacle's Trading Director, Marco Blume, has spoken at length about how R can be used for sports betting modelling. Outside of betting, Facebook have used R for statistical analysis of status updates and many of the complex word clouds you might see online are powered by R.