Gambling of any kind can be a lot of fun and a lot of excitement. Sure, there’s a lot of areas relating to what you want to be careful with, but as a fun and profitable pastime, there are very few activities like it. This is especially the case if you’re into sports like rugby. There’s nothing like watching your favourite team play amazingly while you have money riding on them to win. The feeling’s unparalleled.
That being said, if you’re into real-time or online gambling, it can seem pretty overwhelming if you’re diving into it for the first time, you’re going to be faced with a lot of terms and terminology that could leave you feeling very confused. On this note, today we’re going to explore seven gambling terms you need to know about when it comes to online rugby betting.
An accumulator bet is perhaps one of the most common types of bet in online betting and basically refers to the process of combining four or more individual bets into a longer bet with larger odds. If you’re able to bet correctly on the four bets, perhaps the outcome of four games, you’ll have individual winnings and an accumulating win from all four.
The Underdog Team
If a team is not expected to win a match or is the least-popular or least favourite team, this is known as the underdog team. These teams will typically have lower odds to win but higher payouts if you’re willing to take the risk.
If you’re betting on both teams to win, this is called an each-way bet, so it doesn’t matter which way the bet goes or which team wins, you’re going to win something. On individual rugby matches, this will give you a win no matter what happens, but over rugby tournaments, it can help you stay in the game.
An odds calculator is a great way of working out your odds for a specific bet. By putting in the statistics of a bet into the calculator, you’ll be able to visually see the chances of winning and how much you’re going to win if you pull it off. You can then make an informed decision if you want to proceed with it.
If a bookkeeper is combining bets into groups of two or three, this is known as double and treble bets, respectively. The idea of this is to help you bet on a larger outcome than just a single game. It costs more, but if the bet payoffs, it can offer you a huge payout
A new, highly popular feature to be made available in online gaming websites, in-play betting refers to being able to place bets on outcomes, even after the game has already started. This feature is available for many sports, including horse racing, rugby, and football.
With the rise in popularity of online betting, odds can change as games are played, depending on your bookkeeper or online betting platform. However, if you want to stick with traditional betting and what fixed odds where you know what you’re going to win, fixed-odds betting is for you.
While there are plenty of other terms you can learn when it comes to online gambling; these terms will be the core basics to get you going and to ensure you know what’s going on and what opportunities are available to you. Now you’re ready to start your own online rugby adventures.