Basic Bookmaking Terms (part 1)

Basic Bookmaking Terms (part 1)

Free Online Articles Directory

Why Submit Articles?
Top Authors
Top Articles
FAQ
ABAnswers

Publish Article

0 && $.browser.msie ) {
var ie_version = parseInt($.browser.version);
if(ie_version Login

Email

Password

Remember me?
Lost Password?

Home Page > Arts & Entertainment > Online Gambling > Basic Bookmaking Terms (part 1)

Basic Bookmaking Terms (part 1)

Edit Article |

Posted: Nov 17, 2010 |Comments: 0
|

One of the most important steps when you start a price per head bookmaking business is to be familiarized with the vocabulary used in the industry. Here you will learn the definitions of the most commonly used words and phrases. In each part of this series of articles, I will cover 10 common terms used by bookies, bettors and betting businesses.

Action: An action is basically a bet or wager placed by a player on his chosen team, player or horse as appropriate.

Beard: Also called a proxy bettor or a front man, a beard is a person who bets on behalf of another person so that the identity of the real bettor is unknown to the bookmaker. Many top handicappers and people occupying sensitive positions use this method when placing their bets.

Betting cards: Betting cards is a system of betting in which gamblers must pick between three to twenty winners from a list of upcoming games.

Betting line: A betting line is the posted list of upcoming games and their point spreads.

Bookmaker: A bookie or broker who accepts wagers from gamblers and takes a commission.

Bottom sheet: The bookmaker’s accounting of gambling debts is called the bottom sheet.

Circled game: A circled game is a wagering contest in which only limited action is accepted.

Closing line: The closing line is the final list of point spreads offered before game time.

Covering the spread: To cover the spread means to beat the posted point spread.

Edge: An edge is an advantage that one believes might improve one’s ability to predict the outcome of a game.

If you are interested in becoming a professional bookie, visit Price per Head website and learn more about this exciting industry. Price per Head is the leading pay per head provider of outsourcing and sportsbook software solutions for your sports betting business. We take your bookmaking operations to an offshore sportsbook using the latest software and technology. All the booking is managed from outside the country in a safe and consistent manner, and Price per Head keeps you informed of every move through our real time reports.

Retrieved from “http://www.articlesbase.com/online-gambling-articles/basic-bookmaking-terms-part-1-3684071.html”

(ArticlesBase SC #3684071)

Start increasing your traffic today just by submitting articles with us, click here to get started.
Liked this article? Click here to publish it on your website or blog, it’s free and easy!

Eva Wilson -
About the Author:

Eva Wilson

Writer for,
Price Per Head

Questions and Answers

Ask our experts your Online Gambling related questions here…

Ask

200 Characters left

Does medicare pay for long term care ?
I am getting old and so is my mother, I can’t aford to pay rent on the long term, since my age will not support me in future to work and I need to secure a house for me and my mother? who can help…
Playing basic acol partner opens 1club. RHO passes. I have 10 hcp, 5 diamonds including A and Q, and 4 spades headed by J Should I reply one diamond or one spade? My partner insists I should bid 1S

Rate this Article

1
2
3
4
5

vote(s)
0 vote(s)

Feedback
RSS
Print
Email
Re-Publish

Source: http://www.articlesbase.com/online-gambling-articles/basic-bookmaking-terms-part-1-3684071.html

Article Tags:
pay per head

Latest Online Gambling Articles
More from Eva Wilson

Clyde and his story about pay per head services

This is an article about how pay per head services help a bookie to be successful.

By:
Claire Vargasl

Business>
Entrepreneurshipl
May 21, 2009

Integrating Pay Per Head Bookie Services Into Your Sportsbook

Professional pay per head services like Real PPH (www.realpriceperhead.com) will give you an extra edge and will increase your revenue substantially. Real PPH now offer credit card processing and lines control.

By:
RPPHl

Business>
Online Businessl
Dec 15, 2010

Secure Pay per Head with Internal Messaging System

Real PPH is now the most trusted and secure pay per head shop with a solid rocket pay per head software and secure ways to fund your acct and message your players.

By:
RPPHl

Sports and Fitness>
Baseballl
Jul 22, 2010

Pay per head Sportsbooks and Bookie Services

Real PPH outsourcing pay per head bookie services is one of the most trusted names in the credit sports betting industry offering top quality lines, top quality software and fast service. Get on board and start making twice as before. Real PPH software is equipped now with a lines control feature, Poker and Live Casino.

By:
RPPHl

Sports and Fitness>
Footballl
Oct 27, 2010

Unique Features Of Pay Per Head Bookie Software For The Player

Any bookie that is looking to take their operation to the next level must make sure the pay per head bookie software they use is secure and loaded with features for their players. If they want it to be successful, it is going to have to enable players to make their wagers, but also has to be secure and easy to use. Pay per head bookie software is not the future, it is the now, and every moment wasted making this transition could result in lost players.

By:
RPPHl

Arts & Entertainment>
Online Gamblingl
Feb 17, 2011

Pay per Head Software by Real PPH

Best Offshore Pay per Head services offered by Real PPH (www.realpriceperhead.com)

By:
RPPHl

Sports and Fitness>
Footballl
Jul 20, 2010

Bookie Call Centers and Pay Per Head Agents

Real PPH (www.realpriceperhead.com) offers a 24-7 sports call center with sports betting software to help bookies take all their bets and customize their bookmaking business. Other advanced options like Lines Control, Subagent Activity, Red Figures, Private Poker Rooms, Squares and Live Betting are also available at our shop. Call 1-877-456-4344

By:
RPPHl

Sports and Fitness>
Footballl
Dec 15, 2010

How to Build your Business with Price per Head

Starting a self-employed sports betting business using pay per head services is significantly simpler than most business models

By:
Eva Wilsonl

Arts & Entertainment>
Online Gamblingl
Feb 08, 2011

240 Capacity Premium Wood Poker Chip Case With Cigar Tray Review