What Does it mean? Doc's Sports How-To Sports Betting Library

What Does Across the Board Mean In Spors Betting?
by Doc's Sports - 10/2/2014

Across the board is a phrase used most commonly in betting on horse races. You can make three possible straight bets in horse racing. A win bet means you are picking a horse to finish first. A place bet pays off if the horse finishes first or second. A show bet is when you pick a horse to finish in the top three. Obviously, the harder a bet is to win the more it pays, so the payoff is bigger for a win bet than a place bet, and both are bigger than a show bet. When you bet a horse across the board you are using slang to make the same sized win, place, and show bet on the same horse.

What Does Parimutuel Mean In Sports Betting?
by Doc's Sports - 10/2/2014

Parimutuel betting is a form of betting most commonly used in horse racing. It can also be found in sports like greyhound racing and jai alai. It comes from French, and means mutual betting. Essentially it is a system in which you bet into a pool of bets, and the odds are determined by how much has been bet on each horse or entrant. It is the opposite of a fixed-odds betting system that is familiar in most of sports betting. The gambling provider - the racetrack, for example - will collect the money and administer the system, and will take a percentage of the money bet as a commission for their services.

What Does Handicapping Mean in Sports Betting with Examples
by Doc's Sports - 10/1/2014

Handicapping is to analyze a game or event in an attempt to get a sense of who is likely to win so that you can profit from through betting. Handicapping, ideally, will help you understand the probabilities of each team winning or covering the spread. When you know the probabilities you can understand if the bet makes sense based on the available odds. Not surprisingly, handicapping is what a handicapper does to find an edge and identify the bets with a long-term expectation of profit.