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How a Handicap Bet Works in Different Sports This is popular when strong favorites are playing, instead of placing a match bet at short odds, you can place a bet at longer odds with a 1 or 2 goal start, or -12 point for instance. For example, Team 1 is the favourite to win so they start with a -2 handicap, Team 2 has lower odds with points awarded by the handicap to level the odds, so Team 2 starts with +2. To use the third option effectively, the handicap tie, is -2. Using Handicap Bets for Rugby Betting 5 game handicap who loses a match 7-6 7-6, would be the winner for handicap betting purposes. Image courtesy of Delaware Review Journal. 10x to win x. If your team wins or covers, you win $10 (in addition to your $11 depository wager); if not, the bookmaker keeps your $11. 1. 0: How Vegas Works W = potential cash winnings ($) Book (Sportsbook) – A place where someone can bet on the outcome of various sporting events.Buck – A $100 bet. Chalk – The favorite in a game. Handle – The total amount of money wagered on a game. Hook – A half-point on the spread. A sportsbook in Las Vegas. Taking the Points – Betting on an underdog against the spread.

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