When you first enter the world of sports betting, it can be overwhelming. There are a lot of betting terms to master, and understanding the various elements of betting terminology can seriously affect your enjoyment of the games. Taking a moment to familiarize yourself with the various terms and phrases will help you to feel more comfortable and sound like a serious player even while you learn the ropes.
The betting terms you will want to master first will be the terms related to odds and placing bets. They are some of the most common terms and will also keep you from being confused by the bookmakers. Once you have mastered some of these terms you can move on to the more advanced and colourful bits of betting terminology.
The Financial Times and the Wall St. Journal are full of stories of hedge traders and contrarians who've struck it big betting against the crowds. Mutual fund managers also hedge their bets, trying to ensure that they earn a decent return on their funds under management. With match betting, you can bring the same hedging practices to your sports betting portfolio.
Many punters never think of match betting, or don't feel its worth their time and trouble. Nonsense. Covering your costs and winning is always worth the effort that it takes.
To do match betting properly, you will need to have multiple accounts at different bookmakers. This is because one of the core features of match betting is the need to have a bet that represents the opposite of your play. If everyone, including you, is betting that Arsenal beat Manchester, and you can't find a bet for Manchester beating Arsenal, then there is no potential for a match.
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