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Terps
#11 Nov 7 2018 02:43am
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Betting 101

Betting terminology

Sports-betting carries with it a lot of jargon, so below I will define some common terms that you are likely to encounter.

• Sportsbook: Bettors refer to what's called a "sportsbook" to provide a baseline on the spreads and moneylines for various sporting games. http://www.vegasinsider.com/ tends to be the most-referenced website around here for spreads and lines, since their information is an aggregate of many different sportsbooks.

• Spread: Sometimes abbreviated "ATS" for "against the spread," this is the amount of points that are added or subtracted to the final score. After the spread is applied to the final score of a game, the adjusted total determines the winner. This is best illustrated with an example. Let's say the official spread on a game is Cleveland +14 vs. Baltimore: if I were to bet on Cleveland, I would add 14 points to Cleveland's final score and if that total is greater than Baltimore's score, I would win the bet. If I were to bet on Baltimore, the spread would be Baltimore -14; thus, I would subtract 14 points from Baltimore's final score, and if this total is greater than Cleveland's score, I would win the bet. In either case, if Baltimore wins by exactly 14, then the bet is considered a "push" with no winner (both sides are refunded their wager). A lot of times, you will see spreads with .5 points: this is to eliminate the possibility of a push. Overtime always counts toward the final score unless stated otherwise.

• Moneyline: A bet without a spread often uses what's called a moneyline. The moneyline represents the adjusted payout for a wager based on their odds to win. Moneylines are represented in one of two ways: American odds format and decimal odds format.

• American odds format: Uses lines like -110 to represent how much you need to wager in order to win 100. If a line is -110, then you need to risk 110 to win 100. If a line is +120, then you risk 100 to win 120. To calculate your winnings using this format, divide your wager by the absolute value of the odds. So a wager of 548 on the Ravens @ -160 gets you 342.50 units because 548/1.6 = 342.5

• Decimal odds format: Uses decimals to represent the odds for payout. If the odds are 1.35 to 1, then 135 is being risked to win 100. If you are betting the low side of a decimal bet, then you simply multiple by the odds, 1.35, to determine your winnings. If you are betting the high side of a bet, then you divide by the odds, 1.35, to determine your winnings.

• Juice: When using a sportsbook, this is the amount the book/bookie takes from your winnings. On a straight bet, the line is usually -110 for each side. That extra -10 is the juice, or the little extra amount you give up in order to bet with the bookie. When making bets with most users on this forum, no juice is involved.

• Runline: In baseball, the score will be adjusted by 1.5 runs in order to compensate for a steep moneyline. Operates like a spread.

• Hedging: Taking the other side of a bet to guarantee a profit. Usually done in response to a futures bet possibly hitting or in response to a parlay possibly hitting.

• Hook: the extra .5 point to break a tie (very important in football)

• Off the Board or OTB: A game that has been removed for the purposes of betting with a sportsbook.

• No-action or push: A bet with no winner, or a bet in which no money is lost or won.

Types of Bets

• ML: Bets that are made using the moneyline odds for that game.

• ATS: Bets that are made against a point spread.

• Over/Under or O/U: A bet that is made against the total score for a game being Over or Under a certain amount.

• Prop bet: A bet that set a proposition that a certain outcome will or will not be met. Examples: Tom Brady will throw O/U 289.5 yards; Ezekiel Elliott O/U .5 rushing TDs; O/U 1.5 made field goals in a game; etc.

• Futures: A bet that predicts a future outcome, such as a player award (MVP winner) or a conference champion.

• Parlay: A bet that has multiple legs as part of one bet. Unless stated otherwise, all legs of the parlay must hit in order for the bet to cash.

• Teaser: A bet that is similar to a parlay, but the betting lines are inflated, and the payout odds are lower.

• In-game or live-action: Bets that are placed while a game is in-progress.

• Halftime bets: A sportsbook will set a line strictly for the amount of scoring that takes place in the second half. Example: Let's say that the Chicago Bears are playing the Detroit Lions and beating them 14-7 at halftime. Oddsmakers then set the second half spread at -3.5 for the Bears. Now let's assume that you bet on Chicago to cover the spread and the final score is 28-18. The Bears outscored the Lions 14-11 in this game's second half. Unfortunately, Chicago missed covering the -3.5 second half spread and you would lose your wager in this instance.

Snake bets: Going head to head, two users trade-off on selecting games to win. Whoever gets the most correct wins the bet. Picks are usually done in a serpentine order (ABBAABBAAB...)

Blind Odds: A single game is chosen, and unless stated otherwise, no spread is applied. Users submit secret amounts of forum gold to the blind odds host. After the game starts, the amount wagered on each side is revealed. The winning side receives an amount of winnings dependent on how much was wagered on the other side. Example.

This post was edited by Terps on Nov 7 2018 02:44am
Terps
#12 Nov 7 2018 02:49am
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The Bettors' List

• This feature of the sports forums is ran completely by regulars of the community. Betting is not supported by d2jsp's site rules, so this is how we police ourselves.

• Image of list can be found here (this URL will remain static despite occasional updates): https://raw.githubusercontent.com/CheetahJsp/PokerStatus/master/Untitled-2.png

Types of Tags

There are 7 tiers of users organized by the bettors' list:
Trusted: Trusted users are users who have bet here consistently for many, many years without issue. There is no higher bettor tag than the trusted tag.
Mediator: Same as the trusted tag, except these users have volunteered to mediate bets.
Active: Users who have bet here consistently for at least a couple years without issue. Active users are generally trustworthy, but if you ever have concerns, use a mediator.
Unknown: Users who have not used this site consistently enough to have a clear track record. Everyone starts here. Use common sense when betting with someone you do not know and trust.
Welcher Paid-Back: These are users who have either overbet or welched in the past, yet they have paid back their welch to the user who was owed fg.
Welcher: These are people who have overbet and/or owe someone fg. Don't expect payment from a welcher should you choose to bet with them.
Blacklist: Users who have overbet or welched on multiple occasions.

Gaining Rep, Nomination, and Voting Processes

• By making frequent bets, paying out on-time, helping new users, and generally being a frequent poster on the NFL/NBA/MLB forums, users will gain reputation as good-mannered bettors. To recognize people for their reliable betting history, we have created Active and Trusted/Mediator tags.

• To nominate users for Active, for Trusted, or for removal from the Welcher Paid-Back list, we have created a Discord server. To access the Discord server... (This needs more details about how to join)

• Alternately, if you do not wish to use the Discord server, you may post your nominations in this discussion thread, which has been pinned to the Discord server.

• Using the Discord server or the nomination thread, anyone can nominate users who deserve consideration for a given tag. Useful information that you should consider adding with your nomination includes betting threads, gold logs, and instances where the user was helpful to someone else. Alternately, you can offer evidence of why someone should not be considered for a given tag by providing similar evidence. You cannot nominate yourself.

• Once roughly every three months, the Trusted members of the forum will vote on which users should receive an upgraded tag based on the nominations in the Discord server. To be upgraded to an Active tag, the user must receive 75% of the votes. To receive a Trusted tag, the user must receive 90% of the votes. To be removed from WPB, the user must receive 90% of the votes.

• Things that will not help your consideration for Active status: Clamoring for active/trusted, nominating yourself, demanding FG up-front for bets, refusing to use mediators, and generally shady/BM betting practices.

Bettor Script

• BardOfXiix has created the following extension, which works on Firefox and Chrome. It reveals users' betting tags in-thread. To install:

• Install Tampermonkey or another script manager: https://tampermonkey.net/

• Install the script: https://greasyfork.org/en/scripts/372943-fnr-list

This post was edited by Terps on Nov 7 2018 02:52am
Terps
#13 Nov 8 2018 11:52am
Group: Member
Posts: 25,747
Joined: Jan 19 2004
Gold: 126,145.00
Warn: 20%
The Bettors' List

• This feature of the sports forums is ran completely by regulars of the community. Betting is not supported by d2jsp's site rules, so this is how we police ourselves.

• Image of list can be found here (this URL will remain static despite occasional updates): https://raw.githubusercontent.com/CheetahJsp/PokerStatus/master/Untitled-2.png

Types of Tags

There are 7 tiers of users organized by the bettors' list:
Trusted: Trusted users are users who have bet here consistently for many, many years without issue. There is no higher bettor tag than the trusted tag.
Mediator: Same as the trusted tag, except these users have volunteered to mediate bets.
Active: Users who have bet here consistently for at least a couple years without issue. Active users are generally trustworthy, but if you ever have concerns, use a mediator.
Unknown: Users who have not used this site consistently enough to have a clear track record. Everyone starts here. Use common sense when betting with someone you do not know and trust.
Welcher Paid-Back: These are users who have either overbet or welched in the past, yet they have paid back their welch to the user who was owed fg.
Welcher: These are people who have overbet and/or owe someone fg. Don't expect payment from a welcher should you choose to bet with them.
Blacklist: Users who have overbet or welched on multiple occasions.

Gaining Rep, Nomination, and Voting Processes

• By making frequent bets, paying out on-time, helping new users, and generally being a frequent poster on the NFL/NBA/MLB forums, users will gain reputation as good-mannered bettors. To recognize people for their reliable betting history, we have created Active and Trusted/Mediator tags.

• To nominate users for Active, for Trusted, or for removal from the Welcher Paid-Back list, we have created a Discord server.

• How to access the Discord server: Go to https://discordapp.com/ to begin. Click the "Download" button in the top left of the page, near the Discord emblem. Discord app can be downloaded for mobile or desktop, or you can open it in a browser without downloading the app. Once downloaded, click on "login" at the top right of the screen. Select "register" near the bottom of the login page. You will be prompted to enter a valid email address/password. Once you've completed signing up and you're ready to join the Football and Rugby Discord server, PM either Jadeoshbogosh or Cheesehead and one of them will provide you with a link that allows you to join once clicked. PM Cheesehead or Jadeoshbogosh if you have any questions or concerns about Discord.

• Alternately, if you do not wish to use the Discord server, you may post your nominations in this discussion thread, which has been pinned to the Discord server.

• Using the Discord server or the nomination thread, anyone can nominate users who deserve consideration for a given tag. Useful information that you should consider adding with your nomination includes betting threads, gold logs, and instances where the user was helpful to someone else. Alternately, you can offer evidence of why someone should not be considered for a given tag by providing similar evidence. You cannot nominate yourself.

• Once roughly every three months, the Trusted members of the forum will vote on which users should receive an upgraded tag based on the nominations in the Discord server. To be upgraded to an Active tag, the user must receive 75% of the votes. To receive a Trusted tag, the user must receive 90% of the votes. To be removed from WPB, the user must receive 90% of the votes.

• Things that will not help your consideration for Active status: Clamoring for active/trusted, nominating yourself, demanding FG up-front for bets, refusing to use mediators, and generally shady/BM betting practices.

Bettor Script

• BardOfXiix has created the following extension, which works on Firefox and Chrome. It reveals users' betting tags in-thread. To install:

• Install Tampermonkey or another script manager: https://tampermonkey.net/

• Install the script: https://greasyfork.org/en/scripts/372943-fnr-list








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D2jsp Betting Rules and Information
NFL / MLB / NBA

Note to self before posting: get rid of [/color] in first post.

This post was edited by Terps on Nov 8 2018 12:04pm
Terps
#14 Dec 16 2018 01:44am
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test
The_Shahab
#15 Feb 9 2019 06:16am
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Joined: Feb 6 2019
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thanks for guide
Terps
#16 Feb 9 2019 12:42pm
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Posts: 25,747
Joined: Jan 19 2004
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Quote (The_Shahab @ Feb 9 2019 07:16am)
thanks for guide

Anything for you, The_Shahab.
ianarky
#17 Mar 27 2019 08:44pm
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terps
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