Starting your sports betting journey isn’t as easy as it may seem. There are a ton of betting markets that bettors have to learn about if they are planning on placing bets on them. Bettors will also run into a ton of sports betting terms that will be new. Ever heard of the term trixie or heinz?
Learn Sports Betting Terms on BetVictor
Learn Sports Betting Terms on BetVictor
Highlights
- Learn some sports betting terms
- Learn a few other terms that bettors will run into on a sportsbook
- How to find the pages on BetVictor
Get up to speed with sports betting terms on BetVictor
If you’re new to sports betting, you have probably heard of the term betting favourite. And you might be able to guess what a betting favourite is even if you don’t know much or anything about sports betting. The betting favourite is the team or player with the best odds to win the game, tournament, championship, or whatever is being bet on. You can also look at the betting favourite as the player or team most likely to win, according to the betting sites.
Betting favourites will usually have a - sign next to their odds. Underdogs are the opposite, the team or player most likely to lose based on the odds. Underdogs usually have a + sign next to their odds. But underdogs can have a - sign attached to their odds if the odds are close. The team or player with the higher number in that case would be the betting favourite. The Toronto Raptors play against the Indiana Pacers on December 3. On BetVictor, they are heading into that game as -105 underdogs. The Pacers are -133 betting favourites at the moment.
BetVictor’s betting glossary
New and experienced bettors might also want to know what some of the other betting terms mean. BetVictor has a betting glossary page posted for bettors to learn about some of the other betting terms. The betting glossary can be accessed through the sportsbook. Over 60 betting terms are listed on the page with definitions. Some of the terms are bet slip, double, favourite, handicap, lucky 15, odds, returns, single, target score, treble, winning margin and more.
All of the terms are listed in alphabetical order. So bettors can quickly search for and find the term that they are looking for by scrolling through the glossary. Bettors might not find every term they are looking for. The page was updated about four months ago. To find the betting glossary, click help centre which can be found under the list of sports on the left side of the page. Then click on the sports tab and scroll down to betting glossary or type betting glossary into the search bar.
Some definitions for betting terms on BetVictor
- Bet Slip
Where your selection goes when you want to place a bet. This is where you enter the stake and confirm the bet.
- Handicap
A method used by bookmakers to make a one-sided event become a more attractive betting proposition. Teams are awarded a number of points start depending on their calibre (also known as the "pointspread" or "line").
- Over/Unders
A bet predicting whether the total number of goals in a sporting event will be over or under the given number. Most popular in soccer matches but also offered in Basketball.
BetVictor’s account glossary
Similar to the betting glossary, BetVictor also has an account glossary. The account glossary has definitions for many of the terms bettors will run into when using their account, from bonus funds to deposit limits. Bettors can use this glossary to help them get a better understanding of some of the other terms that they will run into on BetVictor or another sportsbook. Bettors can find the account glossary by typing account glossary into the help centre search bar or by clicking the customer support tab and scrolling to account glossary.
A couple of examples
- Balance
The amount of available funds you have in your BetVictor account.
- Bonus Funds
Bonus funds is bonus money used to place bets instead of using your real cash balance. You can see how much bonus funds is available to you by either hovering your cursor over your real cash balance or by checking the Active section of your Offers page.
Kahfeel Buchanan graduated from Toronto Metropolitan University’s journalism program. When not reading, writing, or covering sports, he likes to drink coffee, watch movies, and more. He has years of sports writing and journalism experience. From covering basketball games at Toronto Metropolitan University for the school paper to writing about sports betting, he has published a ton of sports stories throughout his time as a journalist. His work doesn’t end there, Kahfeel wrote a bunch of opinion stories on the Toronto Raptors during his early years as a sports writer, once writing about Fred VanVleet making the NBA All-Star team months before his first All-Star selection in 2022. He works hard to give readers quality journalism and great stories.
