Terms Used In Golf

Ace – also known as a hole in one and when a player hits the ball directly from the tee and it goes in the hole.

Air shot – attempt to hit the ball and end up not connecting.

Albatross – also a double eagle and happens when a hole is played three strokes under par.

Approach shot – a shot played with the intention of landing the ball on the green.

Back nine – the last nine holes on an eighteen hole course.

Ball marker – coin or other small token used to indicate a ball’s position on the green prior to lifting it up.

Birdie – a hole played one shot under par.

Bogey – a hole played one shot over par.

Caddie – a person who carries a player’s clubs. Often a source of advice and the only person other than a player’s partner who can offer such advice.

Chip – a short shot played from close to the green with the aim of getting the ball as close to the hole as possible, or in it.

Clubface – part of the golf club that comes in contact with the ball during a shot.

Divot – piece of grass moved during the course of a shot. Players are expected to replace divots after playing their shot.

Drive – first shot at each hole.

Eagle – a hole played two shots under par.

Even – a score equal to par. Can be for a hole or the course.

Fairway – part of the hole between the tee and the green.

Front nine – first nine holes on an eighteen hole course.

Gimmee – a putt that all other players in the group concede without the player having to make the putt.

Iron – a club made from metal with a flat face. They are usually numbered one through nine.

Lay up – a shot where you use a shorter range club and rather than going for distance you are looking to place the ball in a certain area, ie before a hazard.

Lie – how the ball is sitting on the ground.

Mulligan – a do over or another shot without penaly. Only for casual play and not in competitions.

Par – regulation score for a hole.

Putt – a shot played on the green and usually with a club called a putter.

Rough – longer grass that borders a fairway.

Sand wedge – club designed to get the ball high and usually used when hitting out of a bunker.

Scratch golfer – player with a zero handicap.

Short game – shots in and around the green and includes chipping, pitching and putting.

Tap in – when the ball comes to rest very close to the hole and only requires a short putt to complete the hole.

Tee – small peg used to raise the ball off the ground when driving. Also refers to the area where the ball may be placed for the first shot at each hole.

Terms Used In Motorsport

Apex – area of the corner where the racing line is closest to the inside or the curve.

Backmarker – slower car and used mainly when being lapped by a faster car.

Christmas tree – combination of lights used at the start of a drag race.

Co-driver – either the navigator in rallying, or another driver in long distance races that shares the same car.

Downforce – created with the use of aerodynamic features to increase downward pressuse on the vehicle so as to allow the vehicle to travel through corners faster.

Dry line – part of the circuit that dries first after rain. Usually from the tyres dispersing the water.

Fastest lap – quickest lap completed by a driver in a race.

Grid – formation at the start of a race.

Hairpin – 180 degreee turn usually taken at slower speeds because of the tightness.

Intermediate – a tyre design for use between completely wet and dry conditions. Has a smaller groove than a wet weather tyre.

Marbles – small pieces of rubber that are left on the race track from the tyres degrading.

Out-brake – using the brakes later than a competitor in the hope of overtaking them leading into a corner.

Pit stop – stopping in the put lane, or pits, for repairs, maintenance, refuelling or all of them.

Qualifying – timed practice to decide the starting order for a race.

Racing line – fastest way around the race track

Safety car – a car used to limit the speed of the competitors during a caution. Also known as a pace car.

Shunt – crash.

Slick – a tyre designed for dry weather use with no tread, meaning more surface area to contact with the circuit and obtain better grip.

Wing – adjustable aerodynamic device to create downforce.

Terms Used In Rugby

Advantage – short period of time after an infringement when the other team have the opportunity to gain and thus offset the impact of the infringement.

Conversion – chance to score two further points after a try, by kicking the ball between the posts and above the crossbar.

Drop goal – the player has the ball in their hand, drops it to touch the ground and then kicks a goal. Worth three points.

Dummy pass – an attempt by the player with the ball to pass to a team mate, only to hold onto the ball and continue advancing.

Goal – when the ball is kicked between the two posts, or imaginary line above, and above the crossbar

Hand off – tactic used by the player with the ball to fend off a tackler using their arm. The arm must be straight before contact with the opposition player.

Kick off – start of both halves when on team drop kicks the ball and it must pass the opposition’s ten metre line.

Knock on – when a player loses possession of the ball and it goes forward off the hands or arms and hits another player or the ground.

Mark – place where the game resumes after a stoppage.

Pass – movement of the ball from one player to another by thowing it. A legal pass must not travel forwards.

Scrum – players from each teamjoin together and push against each other. The ball is fed into the pack with the aim being for the hooker to get the ball.

Spear tackle – illegal and dangerous tackle whereby a player is lifted upside down and driven into the ground.

Tackle – any action where opposition players succeed in bring the player with the ball to the ground.

Try – main method of scoring and worth five points. A player must place the ball on the ground with downward pressure anywhere in the goal area.

Terms Used In Cricket

All out – when an innings comes to an end because ten of the elven batsmen have been dismissed or unable to bat.

All rounder – a player who is competent at both batting and bowling.

Bat pad – fielder positioned close to the batsman in order to catch the ball if it goes from the bat (usually the edge) to the pad and sometimes pops into the air.

Batsman – player on the batting side who is currently at the crease. Can also mean a player who is more skilled at batting than one of the other competencies.

Bouncer – fast paced delivery that is short and rises to around the batman’s head/shoulders as it passes.

Bowler – player on the fielding side who is currently bowling an over.

Bye – classed as an extra and is a run that occurs when the ball doesn’t make contact with the bat or batsman.

Carry the bat – an opening batsman who remains not out at the end of an innings. In other words, they have remained at the crease for the entire innings.

Century – a score of at least one hundred runs by a single batsman.

Chuck – an illegal bowling action where the bowler doesn’t straighten their arm sufficiently during the delivery.

Crease – one of the lines marking the pitch near the wickets at each end.

Dismiss – when one of the batsmen is out, they are dismissed.

Duck – when a batsman is dismissed without scoring. Known as a golden duck if it occurs on the first ball of their innings.

Fielder – a player who is not batting, bowling or wicket keeping. They are out on the field.

Four – a shot that reaches the boundary after touching the ground. The result is four runs.

Full toss – a delivery that reaches the batsman on the full, that is, without touching the ground first.

Hat-trick – when a bowler dismisses three batsmen in three consecutive balls in the same match. Can be split across overs or innings.

Innings – a player or teams time batting. Always known in the plural form for cricket.

Maiden over – an over where no runs are scored.

No ball – an illegal delivery usually because the bowler has over stepped the popping crease.

Run out – when a batsman is dismissed by the fielding team by removing the bails whilst the batsman is outside the crease.

Tail ender – batsman towards the end of the batting order, not usually known for their batting skills.

Test match – a cricket match played over five days. The pinnacle of international cricket.

Umpire – one of the two or three people responsible for enforcing the rules of the game and conduct of the players.

Wicket – various meanings includingthe stumps and bails, the pitch or the batsman being dismissed.

Bet365 Sportsbook

If you can’t find the action you need at a betting exchange, or perhaps you just want to check the current odds on a bet at a betting exchange then online sportsbooks will help you out. Actually, if you are an active online bettor then joining a sportsbook or two is probably a good idea. Many top sportsbettors recommend joining up to five sportsbook in order to get a good spread of bets and take advantage of movements that not all the sportsbooks might have posted at the time you are looking.

Therefore, the sixty four thousand dollar question is which sportsbook? Fortunately the answer is easy and it is Bet365. A solid book backed by one of the fastest growing private companies in the UK. They have superior customer service, a great range of bets covering all the European sports leagues plus the Asian and North American and also the lesser known ones. It’s not only sportsbetting though and you can see a good range of events to bet on as well.

Add to that a popular poker room with plenty of active tables at all times of the day and an online casino with the latest casino games. If you aren’t convinced yet, then perhaps the arcade style games and bingo might just get you over the line. Really fussy? Well add in the in-play betting for some real excitement and almost instant feedback.

Definitely check out Bet365 and join for free.

Click To Visit Bet365

Betfair Betting Exchange

Betfair Review

Betfair Betting Exchange

Click To Visit Betfair

Betfair is the standout amongst the online betting exchanges and has embarked on a steady expansion since opening in 2000. The result is the world’s largest online sportsbetting provider. In October 2010 Betfair Group plc commenced trading on the London Stock Exchange. Another name you may see is The Sporting Exchange Ltd which holds the registered trademarks for Betfair, the name and logo.

Betfair is more than just a betting exchange and also has an online casino, poker and arcade style games and don’t forget a traditional style sportsbook as well. Whilst many online gaming companies choose a single licence in some out of the way country, Betfair’s licensing setup requires a bit more explanation. Simply put, they are licensed in more than one jurisdiction. There is the Gibraltar Licensing Authority, the Lotteries and Gaming Authority of Malta, the Tasmanian Gaming Commission, the Gambling Commission in the UK and the Amministrazione Autonoma dei Monopoli di Stato in Italy.

It’s safe to say that with all the awards (not just meaningless online ones), the financial structure and governance within the Betfair Group that your money worries are minimal. Betfair isn’t the high flyer of the online gaming world, just the steady one providing a safe environment for betting.

Speaking of betting, let’s get onto the interesting stuff. With a betting exchange allowing bets between people the range of betting opportunities is enormous and much larger than any sportsbook can offer. Plus you can change from laying bets to backing bets for more variety. Bets in the bet exchange start at a minimum GBP2 (EUR2, AUD5, USD4, CAD6, SGD6, HGK25, NOK30, DKK30, SEK30) which means you don’t have to put a lot at risk until you get the hang of exchange betting. Add the fact you only pay a commission on winnings (see explanation below) and pass through costs on some deposit methods and many people have realised a betting exchange for sports is better value than a sportsbook with vig and fixed odds. With processing in the vicinity of five million transactions per day, they must be doing something right.

Bonuses aren’t what Betfair is about and rather than offer an enticing signup bonus and then not much afterwards, Betfair has a decent signup bonus and then rewards players the more they play with discounts on commission. This adds up over time and depending on your level of play can work out more beneficial than a larger sign up bonus. At the moment you can get a free GBP25 bet on signup. If your first matched bet results in a loss then you will be refunded the amount. Check all the terms on their site.

There isn’t much more to say about Betfair that you wouldn’t expect from a service like theirs anyway. Superior customer service, industry standard deposit costs, free withdrawals (except Express Bank Transfer) and an easy to use and fast website. Betfair should be one of the places you use to bet on sports or any other event you can think of for that matter. Somewhere in the world, a person probably thinks the opposite to you and is willing to stake some money on being right. An online betting exchange is the place for those people to meet.

Click To Visit Betfair

Currencies accepted at Betfair

To add to the international flavour of Betfair, you can bet in the following currencies.

  • UK Sterling – GBP
  • Euro – EUR
  • US Dollar – USD
  • Hong Kong Dollar – HKD
  • Australian Dollar – AUD
  • Canadian Dollar – CAD
  • Danish Krone – DKK
  • Norwegian Krone – NOK
  • Swedish Krona – SEK
  • Singapore Dollar – SGD

Deposits and withdrawals at Betfair

Betfair has a variety of deposit and withdrawal methods available to members and it largely depends on your country. If you go to Betfair you can select your country and see the options. The fees also vary depending on the method and range from free to 1.5% and sometimes whatever your local bank may charge for transactions such as wires. All withdrawals except for Bank Transfer Express (UK members) are free. Some of the accepted methods include:

  • Visa Electron
  • Visa Delta
  • Visa
  • Mastercard
  • Maestro
  • Solo
  • Laser
  • PayPal
  • NETeller
  • Skrill (formerly Moneybookers)
  • ClickandBuy
  • Domestic Bank Transfer
  • International Bank Transfer
  • Western Union
  • Cheques (Checks)
  • Bank Transfer Express
  • Poli
  • BPAY
  • NAB
  • Credit Union Transfer

Languages available at Betfair

  • English – Asia
  • English – AUS & NZ
  • English – UK
  • English – IRE
  • English – Canada
  • English – RSA
  • български
  • Česky
  • Dansk
  • Ελληνικά
  • Español
  • Suomi
  • Italiano
  • Norsk
  • Polski
  • Português
  • Русский
  • Svenska
  • Türkçe
  • 简体中文
  • 繁體中文

Betfair betting exchange charges

The size of the help page looks a bit daunting, however, in reality it is quite simple for most bettors. A commission is payable on all net winnings. You don’t pay on losses. The base rate is 5% and is discounted by the bettor’s current discount rate. The discount rate is calculated using the bettor’s Betfair points balance. The more you transact, the more points and the greater the discount. This discount is capped at 20% until you submit the Know Your Customer information.

Some frequent bettors (ie 1000 bets per hour) will be charged extra fees. Others who make data calls for information may also be charged if the volume is significant. Further details are outlined in their help pages.

Customers outside Australia and New Zealand may also be charged an inactive account fee if they haven’t logged in for at least 13 months. These charges will be refunded (up to 6 months) in some circumstances if you resume your activity.

In summary, there are a few extra for a very small number of players and most will just incur the 5% less their discount on all net winnings. In other words, if you win you pay a commission, if you don’t then they won’t rub salt into the wound and charge you a commission.

Click To Visit Betfair

Betdaq Betting Exchange

Betdaq Review

Betdaq Betting Exchange

Betdaq used to be included in the betting exchanges reviewed here at Set Your Odds, however, without sufficient volume they are not really worth the time at the moment. Of course we check back every now and then and if things change then a full review will be included.

Much better to go and have a look at the best betting exchange.

Betsson

Betsson Review

Betsson

Betsson used to have a decent enough betting exchange however as they have changed direction in the online gaming space, they have closed the betting exchange. They now have a traditional online sportsbook product in addition to casino, poker and other games.

Whilst they are probably a decent enough sportsbook there are plenty of others that cater to the European market (and worldwide), such as Bet365. The Betsson affiliate program called Affiliate Lounge has employed some less than ethical methods with their partners and the end result being an agreement written in such a way that affiliate were unable to comply with the terms. When it was pointed out the affiliate manager refused to acknowledge the issue and merely ‘referred it to the legal people’. Two years later it was still outstanding. The arrogance of the affiliate manager made it clear they didn’t value long term partnerships.

So, whilst Betsson might be fine, do you really want to give your money to people that don’t care about their partners?

World Bet Exchange

World Bet Exchange Review

World Bet Exchange

World Bet Exchange is another of the betting exchanges that could be a great place with more volume. Betting exchanges are a chicken or the egg kind of proposition and it takes a lot of funding to get one off the ground and sign up enough players to then attract more players. With a market leader like Betfair is is difficult to compete and at the moment it’s probably better if you direct your play there.

We’ll check back regular to review World Bet Exchange and update if necessary. Otherwise head over to the Betfair review and read why they are a better choice.

An Introduction

Do you want to know why the pointspread moved from -7 to -8 on your favorite team last week? Have you ever wondered what goes on behind the scenes at a Sportsbook? If you’ve answered yes to either question, then you’ve come to the right place. In the weeks and months ahead, this column will take you behind the “front lines” to help you understand how the sportsbook business operates. As the Operations Manager for Bodog Sportsbook, Casino and Poker, I talk to book-makers, handicappers and players every day, so I can shed some light on the mystery of what goes on behind the numbers you see on your screen or in your local newspaper. A little knowledge can go a long way in this business, so my hope is that by reading this column, you’ll be better armed to make the right choices when it comes to picking the right sportsbooks, and winning more bets!

This week, I would like to start with a little introduction of myself, some regular contributors and a few basic terms to get us going.

I’ve been handicapping pointspreads since I was a teenager, and I figured out very early that I was lousy at it. However, I also noticed that lots of my friends were lousy at is as well, so I decided to start trying to make money from them being wrong, rather than me being right. Combining my keen sense of numbers and my interest in the booming online sports betting industry, I parlayed my experiences “on the street” into a full-time career as a bookmaker for offshore sportsbooks in Costa Rica.

During my time as a bookmaker, I noticed that lots of players didn’t seem to understand the industry, although they were participating in it. When I accepted my current position as Operations Manager, I decided to spend some time and help all sportsbook players understand the business side of the sportsbooks a little better. One of my biggest resources will be Bodog’s head bookmaker, Kent. He has an uncanny ability to remember lines, scores and games, and would not be a guy that I would play sports trivia against. Kent has been very generous in providing me with the latest information from Bodog’s wager center, where he gains invaluable input directly from players, as well as all the latest trends and issues affecting our industry. He will be a great asset in our weekly peeks behind the curtain. In addition to Kent’s inside information, I will also be talking to some of the biggest handicappers in the industry, such as Brian Gabrielle, Big Al McMordie, and Doc from Doc’s Sports, so we can all get their views of the games and the industry as a whole.

As a starting point for our weekly discussions, I want all players to understand the basic business model of sportsbooks. As you all know, when you place a straight wager on the pointspread of a football or basketball game, you need to risk $110 to win $100. The $10 difference between risk and payout is known as the juice, or the vigorish (or just “vig” for short) and is the reason sportsbooks are in business. Sportsbooks essentially act as a broker between you and another player who wants to bet on the other team and collects the small commission as compensation for brokering the deal and handling the transfer of funds between the two of you. This is important to understand, because it leads me to the biggest misconception in sports wagering. The pointspread is not the handicapper’s predicted margin-of-victory, but it is in fact the handicapper’s prediction of what number will be required to split the wagering evenly on both teams. We will examine this fact and the opportunities it presents in further detail in the weeks ahead.

The enjoyment of your wagering experience with us is my number one priority. Should you have any questions, concerns, or comments, I will personally ensure you are satisfied with your Bodog experience.

Good luck with your wagers!
I always welcome comments, questions and suggestions.
Rob Gillespie is President of Bodog Sportsbook & Casino

Click to see more about Bodog Sportsbook