The act of a sportsbook betting with another sportsbook to reduce its liability.
A bet that doesn’t have a realistic chance to win.
When a bet is perceived as “easy” or “can’t-lose”.
Odds that change as the match is being played.
Also known as In-Play / In-Game / In-Running. Betting on a match as it’s live.
The odds of a game. Also known as price.
Also known as an oddmaker. An individual who sets the betting odds.
A sportsbook may adjust certain odds due to external circumstance, injury, and other influencing factors.
The maximum amount of money that is accepted by a sportsbook for a particular bet.
Also known as exposure. The amount of money a sportsbook will allow itself to lose on a bet.
Betting on a favorite.