Sport betting in Malaysia and Singapore covers many game types and tournaments.
Popular online sports betting sites in Malaysia like ASAA88 offer real excitement. You can bet on your favorite sports. If you love sports and betting, learning the basic terms helps a lot.
Sports bookies have created their sports betting glossary over time. This includes several terms. If terms like odds or point spread confuse you, this glossary will help.
Table Of Contents
Quick Sports Betting Glossary
Action – Placing a bet on a sports game or event. Bookmakers also use this term sometimes to indicate the total amount of money that gamblers have placed on bets or the number of bets.
Alternate Lines – A line different from the main post line or point spread. For example, if a basketball game has a 4.5-point spread, some sportsbooks will assign an additional score. These betting lines come with different odds and payouts compared to the main line.
ATS (against the spread) – This indicates the point against the spread. For example, consider a sports team that has 6-3 ATS. This means that it has a 6-3 record against the point spread.
Backdoor Cover – A late score helps the underdog cover the spread. But it doesn’t change who wins the game. For example, a football team is +8.5 and losing by 10 points. They score a last-minute touchdown and lose by three. That’s a backdoor cover.
Bad Beat – Losing a sports bet that was likely to win near the end of a game. Betters face bad beat when they lose bets that were on the verge of winning.
Book – Short form used for sportsbook.
Bet Slip – The region that has the selections of bettors. In traditional settings, these are papers that betters can use to fill in selections to place bets. In online sports betting, a bet slip is where you choose your bets and set wager amounts. It can also act as a receipt for your bets.
Cashout – This is an option that many Singapore online sports betting apps offer. It enables betters to accept a payment before the bet reaches its end. For example, a bettor can take their winnings early if their team is ahead, but they’ll get less money than if they wait until the game ends.
Chalk – Chalk is your favorite in the game. For example, if you call a betting person as chalk better, this means that that person always bets for their favorite team. They won’t consider the winning odd bet or team stats, whatever.
Consensus Pick – This shows what most bettors are betting on in a game. It’s based on data from different sportsbooks. This can be either physical sportsbooks or online sports betting sportsbooks
Closing Line – The final odds offered by a sportsbook just before an event starts. For example, the final odds for a football game just before kickoff were Team X,-3 vs. Team Y, +3.
Cover – The result of a point-spread betting. The favorite needs to win by more than the spread to cover. The underdog covers by winning or losing by less than the spread. For example, if 4.5 points favor a basketball team and win by 5, it covers the spread. Bettors who picked the favorite to cover get paid.
Dime – Slang used for a 1,000-dollar bet.
Dollar – Slang used for a 100-dollar bet.
Edge – Edge defines an advantage. Gamblers with extensive knowledge of a team or game have an edge. An edge is where you might find value in sports betting.
Even Money – These are odds that return the same money you invested. We can also call them 50-50 odds. For example you put 50 dollars and win 50 dollars.
Fade – To go against a team, player, handicapper, or the public. For example, betting on a weak team to beat a strong team that’s been losing a lot lately.
Favorite – The expected winner of a game or event. In different games, the favorite might have to cover odds or points. For example, take a football team with a 2.5-point favorite. This team must win by at least three points to cover the spread.
Futures betting – This is a long-term bet. It can be a bet on a team or player for a season. You might bet on a team to win a tournament. You can also predict game outcomes in a specific format or choose a player to win a trophy.
Graded bet – A wager that is officially marked as a win, loss, or push after a game or event ends. This is also called a settled bet.
Halftime bet – A bet placed after the first half ends and before the second half starts. This mainly applies to football and basketball.
Handle – It is the total amount of money a sportsbook takes. This can be for a single game, a particular event, or a game series.
Handicapper – A person who studies and bets on sports events.
Hedging – Placing a bet on the other side of an initial wager. This is done to reduce risk and ensure a return.
Sports Betting Glossary – Singapore Betting Odds
High Roller – A person who places bets in high stakes. They are mostly eligible for VIP treatment.
Hit Rate – The percentage by which an athlete goes beyond a set total. This could be for combined points, rebounds, and assists in basketball. It also refers to the winning percentage for a bettor.
Hook – A half point that gets added to a point spread. A 4.5-point spread is generally called four and the hook.
House Rule – A set of rules decided by the house. House (here) refers to the sportsbook that defines the parameters for the game.
In-Game Wager – This is also known as a live bet. It indicates that bettors can place bets when the game is happening.
Laying Points – Betting on a favorite. This means you pick the team you expect to win. If you say you are a 2.5 favorite over a team, you place 2.5 points. The team must win by at least three points.
Leg – A wager you make as a part of parlays bet. For example, if a baseball match is the event. Each of the nine innings can be one leg of that event.
Limit – Limit is the maximum bet that a sportsbook takes.
Lock – A guaranteed win, according to the person who placed the bet.
Line Movement – Changes in a betting market before an event starts. This happens for many reasons. It could be a key injury, weather changes, or heavy betting on one side.
Money Line – A moneyline bet is simple. You just bet on who will win, no matter the score. Unlike point spreads or parlays, the margin doesn’t matter. If you pick the winning team or player, you win. It’s straightforward. If your side wins, you cash your ticket.
Mush – A bettor who is at bad luck.
Nickel – Betting slang used to denote 500 dollar bet.
Odds – Odds decide how much a gambler can win. It is the likelihood of something happening. They also tell you how much you can win. Negative odds indicate the favorite. Positive odds indicate the underdog.
Odds boost – An increased payout from a sportsbook. It will be usually in the form of a promotion.
Odds Maker – A person who sets and defines the odd.
Off the Board – When a sportsbook stops taking bets on a game. This can happen if there’s a late injury or uncertainty about the players.
Over / Under – A term for the total points in a game or the number of games a team will win in a season.
Parlay – A wager where multiple teams are bet. This will either be against the spread or on the money line. For the bet to win or payout, all teams must cover or win.
Additional Terms that are Commonly Used in Sports Betting
Pick ’em – A game with no favorite or underdog. The point spread is zero. And the game-winner is also the spread winner.
Point spread ( or Spread) – The number of points the favored team is expected to win over the underdog.
Pleaser Bet – A bet that combines several games and lets the bettor adjust the lines for each game. This usually make it easier for the sportsbook to win.
Prop Bet – A bet on something that could happen during a game but isn’t about the final result. These bets are usually related to the game. For example, like wagering if a player will score a touchdown.
Push – A bet that ends in a tie. If a football point spread is three points and the final score is 24-21, the original stakes are returned to the bettors.
Record Against the Spread (ATS) -Teams often perform differently against the point spread compared to their actual win-loss record. Take a football team that ends the season with 10 wins and 7 losses. Their record against the spread might be quite different. This spread record shows how well they met expectations set by oddsmakers. But if it frequently fails to cover expansion, its expansion record could suffer considerably.
Same Game Parlay – Same-game parlays combine several bets from one event. Bettors can mix different types of wagers on a single ticket. This might include the point spread, over/under, and player performance stats. It allows for more complex predictions within a single game.
Sharp – A sharp is a bettor who has a history of winning. Bets made by known sharps can lead sportsbooks to change point spreads and adjust odds.
Sportsbook – A physical place or online platform where sports betting take place.
Steam – When a line moves quickly. This can happen when many bettors place their bets at once. It can also happen when a handicapper suggests a bet, or when there’s news of an injury or weather change.
Straight up – A bet where the bettor only needs a team to win the game or event, without worrying about the point spread.
Taking Points – Placing an underdog wager. A wager on a team that is a +6.5 underdog pays back if the club wins the game by a margin of victory of 6 points or less, according to the wagerer.
Teaser – A bet that combines several games and lets you adjust the lines for each one. Like a parlay, a teaser bet only wins if all teams cover the adjusted lines.
Total – Also called “over/under.” It’s the expected total points, runs, or goals in a game. For example, if the total for a football game is 30 points, bettors can choose to bet “over” or “under” that number.
Underdog – An underdog is the team or participant expected to lose. They have a positive number assigned to their odds and are “getting points” in the spread. For example, if a team is a 2-1 underdog, you can bet $10 on them to win. If they win, you earn $20 and get your $10 back.
Unit – A unit measures the size of a bet without referring to actual money. It helps compare the success of bettors with different bankrolls or wager amounts.
Wager – Wager is another term used for a bet.
Win Total – A futures line predicts whether a team will end the season with more or fewer wins than a set number.
Conclusion
Sports betting terms are important for anyone who bets. Words like odds, lines, spreads, and futures are basic. They help you make better bets.
ASAA88 offers a range of sports betting features. You can explore odds, bet on spreads, or try your luck with futures. With simple and clear options, ASAA88 makes it easy to enjoy sports betting at any level. It’s a great place to start betting online.
FAQ
Spread betting is betting on the margin of victory. You bet whether the outcome will be higher or lower than the set threshold. It’s not just about winning but by how much. Singapore betting odds help guide bettors in making smart spread betting decisions.
Spread betting can be profitable, but it depends on knowledge and strategy. You need to predict the margin accurately. It’s a riskier form of betting since outcomes vary. Understanding the spread is important for those into online sports betting in Malaysia. This improves the chances of winning.
A spread sets the expected margin of victory in a game. Bettors beton whether the outcome will be higher or lower than that margin. It’s not just about picking a winner. The spread balances the odds. Horse betting odds work differently but follow a similar concept of prediction.
Bookmakers set sports betting odds. They consider team performance, injuries, and other factors. Odds show the chances of an outcome. Favorites have lower odds, while underdogs have higher ones. For Singapore sports bet, odds help bettors decide on their wagers and understand the potential payout.
Sports betting odds show the probability of an event. They also determine the payout. Lower odds mean a higher chance of winning but smaller returns. Higher odds mean a lower chance but bigger rewards.
Betting lines set the game’s odds. They show the favorite and underdog. Lines also display the point spread. Bettors pick the winner based on this. The line changes with betting trends. It helps you know the expected outcome.
The line is the point spread. It shows the number of points between the favorite and underdog. This spread determines the odds for each side. The line is the margin of victory needed. It helps balance the bets on both sides.
To read sports betting lines, first identify the team or player you want to bet on. Look for the line number, which indicates the expected margin. Check if the number is positive or negative. Positive numbers mean underdogs, and negative numbers mean favorites. Understand that the line affects your potential payout.
Futures betting is a long-term wager. It focus on season outcomes or events. You bet on things like championship winners. Spread betting is short-term. It focus on margins of victory in individual games. You bet on whether a team will win by more or less than a set number. Futures are about season-long results, spread bets are game-specific.
