Millennials (those born in years ranging from the early 1980s to the early 2000s) have become accustomed to a world where anything and everything has to have an entertaining element. It is for this reason that people consider sports betting as more than just a means of making money & is seen as an avenue for entertainment.
Over the last couple of years, betting companies like Surebet247 have paid out millions in winnings to punters who have made correct predictions.
Regular bettors will tell you about the rush they feel when their bets are successful and the incredible disappointments they feel when their predictions don’t come to pass. The entertainment value of online sports betting has even aided the sales of smartphones as keen bettors seek to always have real time information on the state of their bets.
Here are a few of the betting lingo, which every punter will have to familiarize themselves with:
Accumulator: This is simply a series of bets on multiple probabilities. For a bettor/punter to win on an accumulator bet, all his/her probabilities must be fulfilled.
For instance, playing an accumulator on a given weekend of EPL matches on Surebet247.com, a certain bettor predicts eight draws and two victories in 10 matches. If the scores from these matches correspond with the choices, which the bettor has made, they win but if just one of the outcomes negates the bets placed, the bettor loses the entire bet.
Bettor: Also called punter, a person who places monetary bets in the hope of making financial gains by seeking to predict sporting events.
Bookmaker: Also called bookie, the bookmaker i.e. Surebet247 is a company/person licensed to receive bets on various sporting events based on the odds which it issues. What this simply means is that bettors have chosen to place their bets based on parameters laid out by the bookie and cannot place bets outside these parameters.
Form: This is an indication of how a team or an individual is currently performing. Studying the form guide is very important for bettors as it helps for making informed decisions on who/what team to bet on/against.
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