Sports Betting Classroom: Exotic Terms & Definitions
Dave Carney 4/21/2021
What’s on the table today?: Sports Betting Classroom: Definitions Part 3
Continuing on with our classroom theme, today’s definitions start to veer into the more “exotic” sports betting terms and definitions.
I understand that for some, these terms may never factor into a “friendly wager” or office pool, but for those that want to really get deeper, be more knowledgeable, and ultimately more profitable, knowing more is always best.
Yesterday in this space we covered Hedging, Key Numbers, Parlay, and Juice. If you have no idea what any of that means, you’ll be best served by going back through yesterday’s column before digging in today.
Once again, special thanks goes out to The Action Network for providing great information and being a great resource.
- Units – We consistently report sports betting wins/losses according to units won or lost. We recommend betting one unit per game, which refers to a standard monetary measurement — typically between 2-4% of your bankroll. For example if your bankroll is $1,000, one unit is between $20 and $40. Then if you noticed a system that has won 15 units over the season, you could easily calculate your earnings by taking the units earned and multiplying them by your standard betting unit (in this case, $20 x 15 units = $300).
- Reverse-Line Movement – Betting line movement that contradicts the public betting percentages. For example: if Team A is receiving 80% of the public bets as a 7-point favorite yet the line drops to -6.5, this is an example of reverse line movement. This indicates that sharp money is taking Team B.
- Public Betting Percentage – Also referred to as public betting trends, we offer real betting percentages from seven contributing sportsbooks. These numbers represent real bets placed at real sportsbooks. These percentages are integral for our betting against the public philosophy.
- Grand Salami – This typically refers to the over/under total for how many goals/runs will be scored across all games in a specific league.
Tomorrow we’ll keep ourselves right here in the classroom for even more, in-depth and exotic sports betting terms and definitions.
