Betting on sports and other events comes with its unique language and terminology. Whether you're new to the world of betting or a seasoned bettor looking to expand your knowledge, understanding the key betting terms is essential. From odds and spreads to parlays and handicaps, these terms shape the betting landscape and influence strategies and decisions. This guide will provide in-depth explanations of common sports betting terms, helping you navigate the intricacies of sports betting and gain a deeper understanding of the terminology used in this dynamic realm. How Does Sports Betting Work? Understanding sports betting terminology can be difficult at times, but most of these terms refer to a variation of one of the main three terms: selection, stake, and odds. These three betting words provide a basis for everything else in sports betting, and understanding them is a good start in your betting journey.  In this section, we'll have these sports betting terms explained simply and clearly to make it easier for you.  1. Selection In the betting world, a selection refers to the specific outcome or event on which a bettor places a wager. It represents the chosen option or prediction in a betting market. A selection can vary depending on the type of bet and the specific sport or event.  For example, in a soccer match, a selection could be betting on the home team to win, the match to end in a draw, or the away team to win. In horse racing, a selection could be wagering on a specific horse to win, place, or show. The outcome of the selection determines whether the bettor's wager is successful or not, ultimately impacting the potential payout or return. 2. Stake A stake is the amount of money that a bettor is willing to risk on a particular bet, and it's one of the most important sports betting phrases to learn. It represents a financial investment made by the bettor in anticipation of a favorable outcome. The stake amount is chosen by the bettor based on their betting strategy, bankroll management, and personal risk tolerance.  It can be any predetermined sum of money that the bettor is comfortable wagering. The stake influences the potential payout or returns if the bet is successful. A higher stake typically leads to a higher potential profit, but it also carries greater risk. On the other hand, a lower stake may result in a smaller potential profit, but it also entails less risk. The bettor must consider their financial situation and betting goals when determining an appropriate stake for each wager. 3. Odds Odds represent the likelihood or probability of a particular outcome occurring in a sports event or betting market. They are numerical values that indicate the potential return or payout a bettor can expect if their wager is successful.  Odds are typically presented in different formats, such as decimal odds, fractional odds, or American odds, depending on the region or sportsbook. The odds are determined by various factors, including statistical analysis, expert opinions, historical data, and betting patterns.  Higher odds are associated with less likely outcomes, offering the potential for greater winnings, while lower odds indicate a higher likelihood of occurrence but with lower potential payouts. Understanding and analyzing the odds is crucial for bettors to make informed decisions and assess the risk-reward ratio of their bets. Sports Betting Terms  Now that we've established the basics of the sports betting lingo, we can dive deeper into other betting terms. There are specific terms that describe types of bets, betting strategies, betting markets, and other components. In the following betting glossary, we have sorted out the most frequent terms in alphabetical order with a brief explanation of each. You'll talk like a sports betting expert in no time! Accumulator A type of wager that combines multiple individual bets into a single bet. In an accumulator, the winnings from the first bet are automatically rolled over to the next bet, with each subsequent bet dependent on the success of the previous one. Action  Action refers to any wagering activity or bets placed on a particular event or game. It can be used to describe the overall level of betting activity or the specific bets placed by an individual or a group of bettors. Across the board A type of wager that combines three different bets on a single horse in a race. When you place an "across the board" bet, you essentially place three separate bets: a win bet, a place bet, and a show bet. AET odds This term stands for "After Extra Time" odds. It is commonly used in sports betting, particularly in knockout-style tournaments like soccer or basketball, where matches may have overtime periods if the game ends in a tie.  Alternate Lines  Differential odds from the main line. They are used in basketball and football with point spreads and game totals to allow players more flexibility in these markets. American Odds American odds, also known as moneyline odds, are a popular method of representing betting odds in the United States. These odds are presented with a plus (+) or minus (-) sign, indicating the underdog and favorite, respectively. Positive odds represent the potential profit on a $100 wager, while negative odds indicate the amount one needs to bet to win $100. Arbitrage Arbitrage wagering, also known as ARB, is a wagering strategy that covers all possible outcomes of a single game. Bettors take advantage of discrepancies in odds offered by different bookmakers to guarantee a profit. However, these profits are usually small because the odds are usually carefully placed by bookmakers.  Asian Handicap Asian handicaps are a type of betting market primarily used in soccer (football) matches, designed to eliminate the possibility of a draw or tie outcome. The concept involves giving one team an advantage or a disadvantage in terms of goals before the match begins. ATS (against the spread) Betting against the spread means wagering on the outcome of a game while factoring in a point spread set by oddsmakers. When betting against the spread, you're not solely predicting which team will win or lose but rather if a team will perform better or worse than the point spread. B Backdoor Cover This term describes a situation where the underdog team manages to score points late in a game, allowing them to cover the point spread just before the game ends. This outcome can occur when the favorite team has a comfortable lead throughout the game but fails to win by a margin large enough to cover the spread.  Bad Beat The player experiences a bad beat when their wager looks like it will win but ends up losing. When points are scored late in a match, this often results in a bad beat. A bad beat will occur from time to time to players who wager on game totals, point spreads, and moneylines. Bankroll An account where betting money is deposited or set aside. Winning wagers increase a player's bankroll while losing wagers decrease it. Bankroll Management Proper bankroll management is similar to managing a personal bank account. When managing a sports betting budget, it's important to set wagering limits, look for the best odds value, and only wager what you can afford to lose. Bet Any wager placed on a certain outcome in a sports event. Betting Exchange A betting exchange is a platform or marketplace where individuals can bet against each other rather than against a traditional bookmaker. It allows users to both back (bet on an outcome to happen) and lay (act as a bookmaker, accepting bets) on various sports events or other outcomes.  Betting Strategy There are several strategies bettors use to beat bookmakers. Performing extensive research before placing a wager should be a primary betting strategy. Bookie Short for a bookmaker. Bookmaker A licensed individual who accepts wagers and sets betting odds. Bookmakers are also known as linemakers. Buy Points Bettors can gain a more favorable line by using alternative point spreads and game totals. For example, a player can buy one point to raise a spread to +3.5 points if the line is set at +2.5 points and increase the odds. C Commission  Refers to a fee charged by a betting exchange or sportsbook on the net winnings of a bettor. It's a percentage of the profit made from successful bets and is deducted from the winnings before they are paid out to the bettor.  Correct Score These lucrative betting markets carry high odds, as players are trying to predict the correct score of the game. This market is mostly used in football.  Cover/Covering the Spread Any bet in which the final score exceeds the point spread if the favorite is victorious. If the Patriots beat Miami 32-21, they would cover a -10 point spread. Betting on the Patriots to win 29-21 will lose bets since they won't cover the spread. D Double Action Double action bets, also known as "If bets," automatically take the stakes and winnings from a successful wager and use them on a second wager. If the first wager loses, the second one is canceled.  Double Bet A type of wager that combines multiple individual bets into a single bet. In a double bet, bettors select two separate outcomes they want to bet on, and both selections must be correct for the bet to be a winner. Double Result This is a betting option where the halftime and end-of-game bets are combined into one betting market. For example, you can bet that the home team will lead at the half and that the away team will win the game in the end. These markets usually have high odds. Double-Header Refers to a day or event where two games or matches are scheduled to take place consecutively at the same venue. Typically, a double-header involves two consecutive games in the same sport, such as two baseball games or two basketball games. Draw Draw is when a sports event is finished with a tied result. While some sports have draws included in the markets, sports with overtime usually disregard the draw at the end of regulation. Drift After the opening odds are posted, the odds can grow or fall, which is called drifting. Moneylines that move from +220 to +225 to +230 are considered drifting. E Edge It's the ability to gain a competitive advantage through much research or insights not available to the general public. Exotic Bet A type of wager that goes beyond the traditional outcome of a game or match. It involves betting on specific events or occurrences within a sporting event, such as the number of goals scored, the performance of an individual player, or the timing of specific events. Exposure Bookmaker's potential loss on any given wager. F First-Half Bet In sports like basketball, soccer, and football, a first-half wager is based on the results of the first half. The most popular betting odds are spreads, moneylines, and game totals for the first half.  First/Last/Anytime Scorer This is a list of three pre-game prop bets offered across many sports with which you can bet on the first scorer in the game, the last scorer in the game, and if a player will score at all.  Fixed Odds Refer to predetermined odds that are set at the time of placing a bet and remain unchanged regardless of any subsequent fluctuations in the market. These odds indicate the payout a bettor will receive if their wager is successful. Fractional Odds Fractional odds, also known as British odds or traditional odds, are a way of expressing betting odds commonly used in the United Kingdom. They are presented as fractions, such as 2/1 or 5/2, representing the potential profit relative to the stake. Futures Bet Those are wagers placed on events that will occur in the near or distant future. There are several popular futures options to choose from, including the champions of the Super Bowl, Stanley Cup, NBA Finals, and World Series.  G Game Total Bet An over/under bet based on the expected number of goals/points/runs in a game.  Graded Bet A wager that has been settled and its outcome is determined by the bookmaker or sportsbook. Once the event or game on which the bet was placed has concluded, the bookmaker reviews the results and grades the bet as a win, loss, or push (tie).  Grand Salami A wager that involves betting on the total number of goals/runs scored in multiple games or matches within a specific sport on a given day. It is often associated with hockey and baseball betting. H Halftime Bets Wagers that are based only on results from either of the halves in sports like football or the NFL. These include moneylines, spreads, over/under, and more.  Handicap A type of wager that introduces a handicap or point spread to even the playing field between two teams in a sporting event. The stronger team is given a handicap by deducting points from their final score or adding points to the weaker team's score.  Handicapper An individual or entity that specializes in analyzing and predicting the outcomes of sporting events to provide betting advice or recommendations. Handicappers can be independent professionals, part of betting services, or associated with sports media outlets. Home Field Advantage Playing at home in familiar settings can benefit a team. That is why the odds are in favor of the home team, even if the teams are similar. Hook Refers to half a point added to or subtracted from a point spread or total line. The purpose of the hook is to eliminate the possibility of a tie or push in the betting outcome, forcing bettors to take a side and creating a clear winner or loser. I In-Play Betting In many sportsbooks, players can place wagers while the game is happening. This is called in-play betting and includes betting markets like the next goal scorer, spreads, and moneyline bets.  J Joint Favorite Two or more participants or teams that are given equal or nearly equal chances of winning an event or competition. They share the status of being the favorites in the field. Juice Another term for "vig" or "vigorate." It refers to the commission or fee charged by a sportsbook or bookmaker on a bet. The juice is typically expressed as a percentage and is factored into the odds to ensure the bookmaker maintains a profit margin. L Layoff A practice where a bettor reduces or hedges their risk by placing additional bets on outcomes that offset or balance their existing wagers. It's often done to minimize potential losses or secure a guaranteed profit. Limit Different sports and betting options have different wagering limits. Players should set and adhere to their betting limits as part of a good bankroll management system. Line Refers to the point spread, moneyline, or total set for a particular game or event. It's the set of odds or handicaps established by oddsmakers to even out the betting action and create balanced wagering opportunities. Linemaker Someone in the organization of the bookmaker that sets the odds for sports events of the day.  Listed Pitchers The specific starting pitchers for each team that are designated by sportsbooks at the time of placing a wager. When a bet is made with listed pitchers, the bet is contingent upon those pitchers starting the game for their respective teams. If there's a change in the starting pitchers, the bet may be voided or adjusted according to the sportsbook's rules. Live Betting Live betting is available once a sporting event begins and is referred to as in-play wagering. As each match concludes, the spreads, moneylines, and totals are updated. Several props are also available, such as the correct final score and the next goalscorer. Lock A bet or selection that's considered highly likely to be successful or have a high probability of winning. It implies a level of confidence in the predicted outcome, often based on strong statistical analysis, expert opinions, or inside information. Longshot A selection or outcome with low odds or a low probability of occurring. It's an underdog or unlikely contender that's not expected to win or succeed.  M Middle A bet that pays out both sides. Whenever a point spread moves up or down before a match, bettors have an opportunity to middle. Moneyline A straightforward method of indicating the odds for a particular team or participant to win a game or event. It is expressed as a positive or negative number, with positive values indicating the potential profit on a $100 bet and negative values representing the amount needed to be wagered to win $100.  Multiple Bets The same as parlays, multiple bets are single wagers that contain at least two sides on the same ticket. To cash multiple winning bets, all sides must win (or push). MVP Players of the season or playoffs voted most valuable to their team. The most valuable player in a professional sport is a popular futures bet. For example, Tom Brady is a four-time Super Bowl MVP. N Nap Naps are a handicapper's recommended best bet on a daily betting card, similar to locks. No Action When a bookmaker cancels a betting option, it is graded as a no action. Bettors are refunded their original stakes. O Odds A number that represents the probability of the bet winning. Odds also show how much money you can make by betting on a certain market. Odds Formats The three main odds formats are American (+100), decimal (2.00), and fractional (1/1). Oddsmaker Also known as a linemaker, it's someone who sets betting lines for each day. Odds on Favorite When a team or a participant is the overwhelming favorite, they tend to have really low odds. By seeing the odds differential, bettors can determine who is the favorite and by how much.  Odds Shopping Comparing the odds at various sportsbooks to discover the best price. Off the Board A situation where a particular game or event is temporarily unavailable for betting. This can happen due to various reasons, such as uncertain player availability, injury concerns, or significant line-up changes. Outright Betting Wagering on the outcome of an entire competition or event rather than an individual game or match. It typically involves predicting the winner of a tournament, league, or championship before it begins or at an early stage. Over Bet A wager placed on the total combined score, goals, or points of a game exceeding a specified number set by the sportsbook. The bettor is predicting that the total score or outcome of the game will be higher than the given line. Over/Under Lines are given as a number indicating the number of runs/goals/points scored. To place a bet, bettors must determine whether the combined scores of both teams will go over or remain under the line.  P Parlay A single bet that includes two or more selections. Also called an accumulator or multiple. A winning ticket must have all the selections as winning bets.  Parlay Banker A selection or bet that's considered the most confident or certain among the multiple wagers included in the parlay. The banker is typically the strongest or most heavily favored pick that the bettor is highly confident will win. Payout The amount of money a bettor receives if their wager is successful. It represents the total return, including both the initial stake and the winnings. Point Spread A betting line established by oddsmakers to create a more balanced wagering environment in sports betting. It's designed to handicap the favored team and give the underdog team a theoretical head start in terms of points. Post Time The scheduled time at which a race is set to begin. It's the designated moment when the horses are released from the starting gate, and the race officially commences. Power Rankings Power rankings are a system used in sports to rank teams or individuals based on their perceived strength or performance level. A combination of statistical analysis, expert opinions, and historical data often determines these rankings. Proposition Bet A proposition bet, also known as a "prop bet," is a type of wager that focuses on specific events or occurrences within a sporting event. Prop bets can be related to individual player performances, team statistics, or specific outcomes that are not directly tied to the final result of the game. Proxy An individual or service authorized to place bets on behalf of another person.  Public Money Refers to the collective wagers placed by the general public or casual bettors, rather than professional or sharp bettors. It represents the bets made by the majority of recreational bettors, often influenced by popular opinion, media coverage, or public sentiment. Puck Line In hockey betting, a "puck line" is a form of point spread betting. It involves placing a wager on the margin of victory for a specific game. The puck line typically sets a standard spread of 1.5 goals, with the favorite team needing to win by two or more goals to cover the spread, while the underdog can either win the game outright or lose by one goal. Push A situation where the result of a wager ends in a tie or lands exactly on the point spread or total line. When a push occurs, the bettor neither wins nor loses the bet, and the original stake is typically returned. Q Quarter Bet A type of wager that focuses on the outcome of a specific quarter or period within a game. Instead of betting on the final result, bettors can place bets on the point spread or total for a particular quarter. R Recreational Bettor One who rarely bets or bets on only major sporting events. Recreational players bet public money. Rotation Number A rotation number is a unique identifier assigned to each team or participant in a specific game or event. It's a standardized numbering system used by sportsbooks to organize and track betting options. Run Line Baseball point spreads. In most cases, the underdog odds are listed at +1.5 runs, and the favorite odds are listed at -1.5 runs before a game.  S Second-Half Bet A type of wager placed specifically on the outcome of the second half of a sporting event, typically in games with halftime breaks, such as basketball or soccer. Sell Points Refers to the option of buying a better point spread or total line in exchange for accepting lower odds or a reduced potential payout. It allows bettors to adjust the lines offered by sportsbooks in their favor by adding points to the underdog or subtracting points from the favorite. Sharp An expert sports gambler who uses a wide variety of resources to determine their bets. Their bets are based on knowledge, and they look at the big picture. To get the best value, professional bettors shop around for the best prices. Spread Betting A form of betting where the outcome is determined by the accuracy of a prediction rather than a traditional win or loss scenario. It involves placing wagers on the range or "spread" of a particular outcome, such as the number of goals scored in a soccer match or the point difference in a basketball game. Sportsbook A sportsbook refers to a facility, establishment, or online platform that accepts and facilitates sports betting. It serves as a marketplace where bettors can place wagers on various sports events, such as football, basketball, soccer, or horse racing. Stake Refers to the amount of money that a bettor wagers or puts at risk on a particular bet. It represents the financial investment or the value of the bet. Staking Method A specific strategy or approach used to determine the size or proportion of the wager (stake) placed on each bet. It's a systematic way of allocating betting funds based on factors such as the perceived value of the bet, the bettor's bankroll, and the level of confidence in the selection. T Taking Points Betting on the underdog team or participant by accepting the points given to them by the sportsbook as part of the point spread. The bettor is essentially starting the game with an advantage in terms of points added to the underdog's score. Teaser Card A form of sports betting offered by some sportsbooks where bettors can select multiple teams and adjust the point spreads or totals for each game in their favor. It typically involves selecting at least two or more teams and adjusting the lines by a predetermined number of points, known as the teaser points. Ticket The receipt that the bookmaker issues to confirm the acceptance of a wager. Tip Tipsters and handicappers offer betting advice that indicates the most likely outcome of events. When used with a proper pre-game research plan, tips can prove helpful but should never be used blindly. Tipster An individual or entity that provides predictions, tips, or recommendations on the outcomes of sports events or betting opportunities. Tipsters typically have expertise or knowledge in a specific sport or betting market and share their insights with others for a fee or through various platforms. Three-Way Odds Commonly used in soccer (football) betting to represent the potential outcomes of a match. In three-way odds, there are three possible options: "1" represents a home team win, "X" indicates a draw or tie, and "2" signifies an away team win.  Two-Way Odds A wagering option without ties, including two sides. There are only two betting options: either the home team wins, or the away team wins. It's common in basketball betting.  U Underdog Refers to the participant or team that is thought to have a lower chance of winning in a particular sports event or competition. They are typically expected to be less skilled, less favored, or facing stronger opponents.  V Vigorish The commission or fee charged by a sportsbook for accepting and facilitating bets. It is the bookmaker's way of ensuring a profit margin on the overall betting activity. The vig is typically included in the odds offered, where the odds are slightly adjusted to account for the commission. W Wager A bet placed on any sport, casino game, or horse race played at a sportsbook, casino, or racebook. Summary of Sports Betting Terms In conclusion, understanding various sports betting terms is crucial for anyone interested in sports betting. From selection and stake to odds and accumulators, each term plays a significant role in shaping the betting experience. Being familiar with these terms allows bettors to navigate the betting landscape with confidence, make informed decisions, and develop effective strategies.  Having a solid understanding of sports betting terms will enhance your overall betting experience and help you make more informed and successful wagers. So, equip yourself with the knowledge of these betting terms in sports and take your betting game to the next level.  FAQ What are common sports betting terms?  Common sports betting terms include "spread," "moneyline," "over/under," "parlay," "handicap," "juice/vig," "favorite," and "underdog," among others. What is +200 in betting?  +200 represents the American odds format for a positive underdog. It means that a $100 wager on the underdog would result in a $200 profit if the bet is successful, in addition to the return of the initial $100 stake.  What does +1.5 mean in sports betting?  +1.5 indicates a point spread. If a team has a +1.5 spread, it means they are the underdog and can lose the game by up to 1 point (or win the game outright) for the bet to be a winner. How do you read moneyline odds?  Positive moneyline odds, such as +200, indicate the potential profit on a $100 wager if the bet is successful. Negative moneyline odds, such as -200, indicate the amount of money you would need to wager to win $100.

The illegitimacy of online casinos looms large, as stats from 2021 indicate that the global black market gambling industry earns an estimated  $1.7 trillion each year. This concerning statistic is further compounded by the fact that approximately 4 in 10 search results for key gambling terms lead to unlicensed operators, illustrating the pervasive presence of these shady entities. Therefore, recognizing the red flags is a necessity for anyone looking to engage in legal and secure online betting. Let's see what those are. Lack of Gambling Licenses One of the first and most crucial steps is to check for valid gambling licenses if you want to make sure that an online casino is legit. Licensing plays a pivotal role in regulating online gambling platforms, serving as a hallmark of credibility and trustworthiness. It's far more than a formality. A valid license ensures that an operator adheres to strict standards set by regulatory bodies. These standards typically encompass fair play, such as the use of random number generators, responsible gambling measures, and the safeguarding of players' personal and financial information. Additionally, licensed operators are regularly audited.  Some of the most recognized and respected licensing authorities in the gambling industry include the Malta Gaming Authority, the UK Gambling Commission, Curacao eGaming, and the Gibraltar Regulatory Authority. These bodies are known for their stringent criteria and rigorous inspection processes. Absence of KYC Policies Designed to verify the identity of players and prevent fraudulent activities, Know Your Customer (KYC) policies are essential protocols in online gambling. They typically involve the submission and verification of personal documents, such as IDs or passports, ensuring that individuals are legally permitted to gamble.  These procedures are not only vital for the prevention of money laundering and underage gambling but are also a legislative requirement for legitimate casinos. Any online casino that doesn't adhere to or completely bypasses KYC protocols raises a significant red flag. Prevalence of Negative Player Reviews A key step in the research process is reading player reviews, particularly on reputable platforms. These reviews offer insights into the casino's operations, customer service quality, and overall reliability.  While it's normal even for legitimate casinos to have some negative reviews, typically centered around bonus policies or wagering requirements, an overwhelming number of adverse comments is a sign of a shady casino. This is especially true if complaints consistently point out issues like delayed payouts, unfair gambling practices, or poor customer support. Vague Terms and Conditions The backbone of the relationship between the player and the operator are the terms and conditions. These documents are put in place to clearly outline the rules, responsibilities, and expectations of both parties. For operators, they serve as legal protection, while for players, they provide clarity on game rules, bonus structures, and withdrawal policies. Transparent and detailed T&Cs are indicative of a casino's commitment to fair play. Conversely, vague or overly complex T&Cs are major red flags. Ambiguities or hidden clauses in these documents can be used to deny winnings or unfairly change game dynamics. Such practices are tied to unreliable online casinos. Unfair Bonus Wagering Requirements Online casinos offer bonuses as a way to attract new players, but dodgy casinos often use this strategy to lure players into deals that aren't as beneficial as they seem. These casinos might have bonuses that appear exceptionally generous at first glance but come with unfair or nearly impossible wagering requirements.  For example, a casino may offer a big bonus of 100% up to $5,000. However, the wagering requirement is 60x the bonus amount, and you have seven days to meet it. It's very difficult to wager this much money in such a short time, so the bonus offer takes advantage of you instead.  In contrast, reputable casinos offer fair bonuses with transparent and reasonable wagering conditions. Players should always be wary of bonuses that seem too good to be true and read the fine print regarding wagering requirements. Insufficient or Inefficient Customer Support Options Effective customer support is a must at any trustworthy online casino. The availability of support tools, such as help centers, FAQs, live chat, and email, is essential to ensure that players have access to quick and reliable help when needed.  When an online casino lacks these support mechanisms, or if the existing support is unresponsive, it's a warning sign. Inadequate customer support not only spoils the overall experience but also indicates a lack of commitment from bad online casinos to address player needs and concerns. No Popular Deposit and Withdrawal Options Players value the flexibility to use their preferred payment methods, whether it's credit cards, e-wallets, or bank transfers. The variety is also a reflection of the casino's dedication to providing a secure and user-friendly platform. Reputable casinos invest in robust systems that support quick and safe financial transactions because this is a critical aspect of customer satisfaction.  When a casino offers only a limited range or less popular payment methods, it raises concerns about its legitimacy and operational efficiency. The lack of popular and widely accepted payment options can be a significant deterrent, indicating potential issues with the casino's financial stability or its commitment to complying with high standards of security. No Collaboration with Reputable Partners and Developers Top-tier developers and affiliates conduct thorough due diligence before partnering with gambling platforms, ensuring they collaborate only with legal and reputable entities. Additionally, industry experts like SiGMA play a pivotal role in identifying and distinguishing legitimate operators from shady ones. These websites often include all the information about the websites (bonus requirements, game selection, payment options) and objectively evaluate whether gambling platforms are legit. Lack of cooperation with well-known developers and absence of endorsement from respected companies are telltale signs of a casino's questionable standing. Unavailability of Responsible Gambling Tools Online casinos implement responsible gambling tools to protect players from problem gambling. They are essential components mandated by regulatory bodies to ensure a safe and ethical gambling environment. Reputable operators understand the significance of these tools and are committed to providing them as part of their service.  Common examples of responsible gambling tools include deposit limits, loss limits, reality checks (reminders of the time spent gambling), self-exclusion options, and access to resources for help with gambling addiction. The absence of such tools at an online casino should make you wonder, as it indicates a lack of concern for player well-being and signifies a potentially unsafe space. Always keep in mind that a dodgy online casino won't offer any responsible gambling tool even if it's obligated by law to do so. Protect Yourself from Unsafe Gambling Platforms Picking an online casino can be daunting, especially given the prevalence of questionable operators. As we've discussed, you need to be mindful of online casinos that don't have proper policies in place. The most important thing is to read the terms and conditions and decline bonus offers that are not clear about wagering requirements.  It's imperative to conduct thorough research before signing up at a new casino. Look for these signs we outlined above to ensure you're engaging with a trustworthy and legitimate platform. For safe and enjoyable gambling, consider choosing from our recommended casino sites, where player protection and integrity are not just promises but practices.

Currently, you can insure anything, including your car, boat, home, and even your life. If you choose, you can also get insurance for a blackjack game at a casino. Things are a little different when it comes to the latter insurance. Many individuals dispute the idea of insuring bets, yet few can deny the importance of insuring assets. The more time you spend around gamblers, the more you realize that insurance is unquestionably a contentious topic in blackjack. That implies it's time to dig deeper and find out what is insurance in blackjack. What Is Insurance in Blackjack? During a blackjack game, players can buy blackjack insurance if the dealer's up-card is an ace. The insurance bet is, in fact, a side bet. The insurance bet is typically offered at a payout of 2:1 if the dealer's second card is a 10-value or picture card, resulting in a blackjack. In other words, if the dealer has a blackjack, the player will receive twice the original insurance bet. If the dealer doesn't have a blackjack, the insurance will be lost, and the game will continue as normal. Opinions on blackjack insurance are divided in the gambling community, as many experienced gamblers believe that it's better to rely on a solid blackjack strategy. It's mostly because blackjack insurance odds aren't usually in the player's favor. Let's go into detail below to learn more about blackjack insurance. How Does Blackjack Insurance Work? The purpose of the insurance bet is to protect the player in case the dealer has a blackjack. Here's how blackjack insurance works: When the dealer's face-up card is an ace, the dealer will offer the players the option to take insurance before they continue playing their hands. To buy insurance, the player must place a bet on the insurance line that is located on the blackjack table. The insurance bet can be up to half the player's original bet. If the dealer has a blackjack (a hand totaling 21 with only two cards), the player who placed an insurance bet will win 2:1 payout, which means the player will receive twice the amount of their original insurance bet. If the dealer doesn't have a blackjack, the player loses the insurance bet, but the game will continue. The player can still win or lose their original bet based on the outcome of the game. Advantages and Disadvantages of Insurance Betting Before you make a decision, it's important to consider the advantages and disadvantages of blackjack insurance. Let's take a closer look. Advantages of blackjack insurance: Protects against dealer's blackjack. The main advantage of blackjack insurance is that it protects the player's original bet if the dealer has a blackjack. Additional payout. If the dealer doesn't have a blackjack and the player has insurance, the player will receive a double amount of their insurance bet, offsetting the loss of their original bet. Disadvantages of blackjack insurance: Negative expected value. The odds of the dealer having a blackjack are less than the odds of the dealer not having a blackjack, so taking out insurance on every hand will result in a net loss over time. Higher house edge. By offering insurance, the casino increases its overall edge, meaning that players who take insurance are effectively giving the casino more of an advantage. Distraction from basic strategy. Many experienced blackjack players consider insurance to be a distraction from the strategy. If players focus on their own hand based on the basic strategy, they have more chance of winning over time. When to Take Insurance in Blackjack Let's say that your strategy is to get blackjack insurance. In that case, knowing the best circumstances for that strategy to pay off is vital. For instance, if you know how to count cards and have a high count, you may have a better chance of determining if the dealer has a blackjack. Insurance is a good idea if you think the odds are in your favor. Furthermore, if you play high-stakes blackjack and bet a large sum of money, you may want to buy insurance to protect your investment. Finally, if you play in blackjack tournaments, you may have to take risks to increase your chip stack and advance to the next round. Taking insurance in specific scenarios may be a calculated risk you're willing to take. What Are the Odds for Insurance Bets? The probabilities of winning an insurance bet in blackjack are determined by the number of decks used and the specific rules of the game being played. When the dealer's up-card is an ace, the dealer's odds of having a blackjack are around 9:4, or approximately 31%. This means that around 4 times out of every 13 times the dealer displays an ace, they will have a blackjack. The reward for an insurance bet, on the other hand, is normally 2:1, which means that if the player bets $10 on insurance and the dealer has a blackjack, the player will receive a $20 payout. The expected value of the insurance bet can be determined by multiplying the likelihood of the dealer having blackjack by the insurance bet payoff. In this situation, the anticipated value of an insurance bet would be negative, implying that the player would lose money over time on this form of wager. For example, if only one deck of cards is utilized, the dealer's probability of having blackjack is 4.83%. If the insurance payment is 2:1, the expected value of the insurance bet is -8.75%. This indicates that the gambler will lose 8.75 cents for every dollar wagered on insurance. Conclusion: Is Blackjack Insurance Worthwhile? There's no doubt that casino gambling can be profitable in a single night. However, if you want to find out what is profitable and what isn't, it will take time and effort to figure it out. Therefore, it's also important to keep in mind that blackjack insurance will cost you money in the long run. The dealer must either have a 10 or a picture card in their hand for you to win your insurance bet. A single deck contains 16 of those, so there's only about a 30% chance of hitting one. If you do, you get a 2:1 return, so your 30% shot doesn't seem so bad. However, it still means you'll lose this type of bet most of the time. Therefore, in most cases, buying insurance is not worthwhile if you want to maximize your chances of winning. Instead, you should focus on basic blackjack strategy and making strategic decisions based on your own hand and the dealer's up-card. FAQ Is insurance a good bet in blackjack? Taking insurance at a blackjack table is almost always a bad idea. It is preferable to stick to a simple blackjack approach. What's the point of taking blackjack insurance? Although purchasing insurance at a casino appears to be a good idea, there is more to it. Casinos have a bigger house edge in this scenario, making it a poor decision for most players. In blackjack, how much may you wager on insurance? The amount you can bet on insurance in blackjack is usually limited to half of your original bet. What role does insurance play in blackjack? Insurance is a side wager in blackjack that a player can make when the dealer's face-up card is an ace. Taking insurance protects the player's original bet in the event that the dealer has a blackjack. If you want to know more, see our article "What is insurance in blackjack?" above.

A slot machine is a gambling device that generates a game of chance, and it’s also known as a fruit machine and pokies in Australia and New Zealand. In this article, I’ll explain how to play slot machines, but before that, I’ll look into the history, terminology, and strategy so that you can fully understand the process and what it takes to win.   History of Slots In 1891 in Brooklyn, Sittman and Pitt created a gaming device that foreshadowed the current slot machine. This poker-themed set has five drums with fifty different card designs. Very soon, many bars in the city had at least one of these machines, which became an instant hit. People would put a nickel in, pull a lever, and the drums would spin, dealing out cards in the hopes of a winning poker hand. Given the lack of a standardized payment structure, players could win everything from free beer to cigars or drinks for a royal flush. The odds against getting a royal flush were doubled by cutting the ten of spades and the jack of hearts from the deck, increasing the house's advantage. A player's odds of winning could be further diminished by shuffling the drums around. In 1894, a San Francisco resident, Charles Fey, invented the first slot machine. Namely, he's credited with inventing the now-familiar design of the Liberty Bell, which was a three-reel, one-payline slot machine with an automatic payment mechanism. Although Fey's slot machine was an instant hit, the game has evolved significantly since its inception. In 1907, slot machine reels began featuring fruit symbols, while just playing card symbols were employed in the past. In the 1920s, Mills Novelty Co. developed a feature called Skill Stop, which allowed the player to pause the reels and try to affect the game's outcome. Money Honey, the first ever electronic slot machine, was introduced in 1963 by Bally, a company well-known in Illinois's video gaming terminal (VGT) industry. Fortune Coin Co. of Las Vegas, Nevada, created the first video slot machine in 1976 in Kearny Mesa, California. In 1978, IGT (International Gaming Technology) bought Fortune Coin Co. and their video slot machine technology. Reel 'Em In, created by WMS Industries in 1996, was the first American video slot machine to feature a second screen bonus round. Since at least 1994, when the game Three Bags Full was released, Australia had machines of this type. Classic slot machines were crucial for the rise of Las Vegas as a casino heaven as they are ideal for first-time slot players because they are fast, easy to learn, and play.   How to Play Slot Machines In the following sections, I provided information about how to play slots in land-based and online casinos. Playing Online Slots When it comes to playing online slots, here are some things you should know: Do a research and pick a slot game with good RTP or return to player, percentage, and volatility. Try a demo version of the game, and if it looks good to you, start playing. Set a budget limit to manage your funds, so you don't lose more than you want. Upon reaching the limit, stop playing for a while. Keeping in mind your budget, place bets on the number of paylines you see fit. If you bet on more than one paylline, you can get more winnings. Upon winning a big prize, players stop playing in order not to lose money. Slot Machine Etiquette When you’re playing in brick-and-mortar casinos, there are unwritten rules for playing slots: If you’re a dedicated gamer who often plays on many machines at once and switches between them, then ensure that the slot machine you pick isn't used by anyone else. The seat could be taken even if there's no one occupying it. Play only on one machine at a time when the casino is crowded. You're playing against the casino, not other players. Don't let defeat rattle you. It's all about fun and has nothing to do with the machines, the staff, or the other players. It's advisable to play while you're feeling your best, and if you're feeling hungry, sleepy, or grumpy, it's best to skip the slots and save your money for a better time. Payouts Slot machines are set to return anything from 0 to 99% of gambled money. The theoretical payout percentage, known as return to player, is the proportion of money that should be returned to the player. What's good to know is that the minimum potential payout percentage is often set by legislation and varies between jurisdictions. Winning patterns on slot machines are calculated to give the house a certain percentage of the real money wagered while giving the remaining funds to players. A return to player percentage of 97% means that after a large number of spins, say 1,000,000, the machine will pay out $970,000 on average.   Types of Slots In this section, I'll provide more information about the different types of slot games you can find in online and land-based casinos. Classic slots The classic online slot is the most basic type of online slot game, sometimes referred to as one-armed bandit, an old mechanical machine with a lever that the player pulled to make the machine spin inspired the nickname. Classic slots are a good choice for players who like to keep things simple, as most classic slots have only one horizontal payline across three reels. People who have never played a slot machine before will appreciate how easy it is to play on it. Three-reel slots usually have fewer betting options and are preferred by players with smaller budgets and those who like to have a speedy gambling experience. The fact that they only have a few reels reduces the number of possible winning combinations. Also, the variance is very high, which means that players can either win big or lose fast. Although they use random number generators (RNG), online versions of classic slots usually pay more than their mechanical counterparts. The classic slot games have different symbols and easy-to-understand rules, so players win when they get three of the same symbols. In rare instances, 3-reel slots have bonus rounds and even wild and scatter symbols. Video Slots Video slots were made in 1970 and are also called 5-reel slots. They don't have levers, so players had to press a button to start a round. Video slots have very appealing graphics, sounds, and videos that draw in all types of players. They were made by software designers to improve players' gambling experience. Five-reel slots may be the real forerunner of online slots we see today. The maximum value that can be wagered on a single prize line in a video slot varies, which is why video slots quickly gained massive popularity. The advantage of having more paylines than three-reel slots means you have a better chance of winning. In addition, they also have bigger jackpots. One final thing that separates five-reel slots is the free-spin mode, which can include bet multipliers. Progressive Jackpot Slots All well-established online casinos have to offer this slot type considering these slots have a large progressive jackpot that keeps getting bigger over time. How do slots progressive jackpots work? A small amount of each player's bet goes into the pot, and when the prize is won, the jackpot starts to grow again from a fixed sum — the seed. We can classify three sub-categories: Standalones — People who like to gamble should know that standalone progressive jackpots are not linked to other slots. They are only linked to one game, meaning that the jackpot will only grow as long as people keep playing that particular slot. Linked — Linked jackpots, on the other hand, are made up of prizes from more than one game. However, note that these games might not always be in the same casino. Sometimes, they might be spread out across different casinos that the same company runs. Wide-area ones — Wide-area progressive jackpots are the most appealing because they grow to huge amounts in almost no time. Fans of slot games can find slots that have what is called flat jackpots, and as you might expect from the name, prizes in these games never go up. All progressive slots have a jackpot meter that lets players see how much money has been added up at any given time, which can be very helpful because players can enter the games at best possible time. Before you land on progressive slots, you should keep in mind that you have to spin with the maximum value to be eligible for the biggest prize. If you make the maximum bet and get the winning combination that sets off the jackpot, you'll get a much smaller payout. These slots have fewer regular wins, so the chance of someone winning the big prize isn't too high.   Slot Elements In this part, I’ll provide an explanation of the elements of slot games. Reels To fully understand the game differences, you must familiarize yourself with the lingo. The reel is slang for a horizontal column, the most significant part of slot machines. Note that one reel can only display each symbol once during a spin. Upon landing on the screen, you'll know if your combination is a winner. Most modern slot machines have five reels. However, the developers are constantly innovating complex new complex and sophisticated games. This resulted in slot machines with some fascinating visuals and 3- reel slots with two grids, but regardless of the number of reels, their function doesn't change. Paylines A payline is a combination of winning symbols. It's possible for winning symbols to align in any of these directions — vertical, horizontal, diagonal, or even in a zigzag pattern. Slot machines have progressed to the point where they can have a random number of paylines. In addition, players can bet on the maximum number of said paylines. Rows The rows, in conjunction with the reels, constitute the playing grid, the surface upon which the symbols are placed. The number of rows grew, just as it did for the reels and paylines. Also, the way rows and reels are tallied in dimensions is the only factor that differentiates them from one another. Symbols Even with the ever-increasing advancements made in the slot's universe, the symbols used are considered classic, so even the newest slots carry the most popular symbol types. When these icons align properly, players get their winnings. Payout Table A payout table or pay table is a helpful guide that tells you how much you can win and how to use special features, paylines, betting requirements, and jackpots, if there are any. The length of the table depends on how complicated a slot machine is. Not all slots make it clear, but most include the expected return to the player (RTP) percentage in the pay table. When you look at the percentage, you can decide if this machine is more for people who just want to play for fun or if it's better for people who like to take more risks and wait longer to win bigger prizes.   Symbols on Slot Machines Now that you know more about slot elements, let's talk about symbols you can see in various slot games. Wild Symbols Wild symbols can complete paylines that wouldn't have won without them because they can stand in for any other symbol, but wilds can't substitute for other bonus symbols. As a result, a wild symbol may not have any monetary value in some slot machines, while in others, it may be the most valuable icon. Wild symbols generate excitement in players anytime those symbols appear randomly. In certain games, though, they show up just on specific reels, like the middle three of a five-reel slot machine. Scatter Symbols In online slot games, a scatter symbol is a distinctive symbol that can have various purposes depending on the game you're playing. For example, they: could activate a variety of extra games or features may serve as multipliers can stand in for different symbols to assist players in completing winning combinations Multiplier Symbols Multipliers are special components that can increase your payout by a fixed amount. Some multipliers only activate during free spins or bonus rounds, while others appear randomly and rarely during regular play. Some icons increase your wins, while others add to line or total bets. Sticky Symbols Sticky symbols play a significant role in making slot games more fun to play. Namely, they are a type of wild symbol and are as common as wilds. If you come across a slot game with a symbol that stays on the reels for up to eight seconds, triggering other symbols as a catalyst for wins, that’s a sticky symbol. Bonus Symbols Slot machines typically use bonus symbols to initiate a bonus game, which are distinct from scatter symbols. The difference is that to activate the bonus game, you need a predetermined number of these special symbols to appear in specific positions on the reels. Usually, you need at least three bonus symbols to trigger a bonus game, and spins must be on active paylines. Stacked Symbols In essence, a stacked wild is a wild symbol that can expand to fill an entire reel. In most cases, you'll see them clustered in groups of two, three, four, or five icons. Keep in mind that you'll see stacked wilds on every reel when playing certain slot machines, while in others, they only appear on specific reels. Many video slots that offer stacked wilds on every reel tend to have high volatility in their play. However, when combined with multipliers, stacked wilds in the free spins bonus feature can boost the chances of winning big.   Strategies for Slot Machines Now that you know the terminology and general rules, you're probably thinking about how to play slot machines? Are there any strategies involved? How to play pokies and maximize your winnings? The Multiplier Multiplier slots are video slots in which your winnings from a single spin are increased by a factor of two, three, four, or more. There are machines where the multiplier can go into the double digits, while some bet multipliers raise the line bet rather than the overall bet, so keep that in mind and read the pay table rules. It's always advisable to research, find the best multiplier slots, and play to win on slot machines. In my opinion, these are the leading megaways slot machines: Bonanza Megaways by Big Time Gaming Gonzo’s Quest by NetEnt Valley of the Gods by Yggdrasil Pirate Kingdom Megaways by Iron Dog Studio Peggy Riches Megaways by Red Tiger The Buy-a-Pay Each coin played on a buy-a-pay slot machine grants access to a smaller chunk of the game's payout schedule. Some slots have three pay lines across the reels, with the center reel being the only place to win on a single-coin wager, the top line will be added if two coins are placed, and the bottom line will be added if three coins are placed. Do not play the game if you're not willing to bet the maximum amount required to unlock all symbols in a buy-a-pay. You lose if the three jackpot symbols line up and you haven't wagered enough. The only way to play a buy-a-pay is to wager the maximum amount allowed. The Progressive You should always play at the maximum bet to have any hope of taking home the grand prize. Avoiding the progressive slots in which the jackpot is now at a low level is a strategy that makes sense. If you're going to spend money trying to win the jackpot, you might as well do it when the prize has the potential to transform your life completely. The odds of hitting the jackpot are extremely low as some progressive slot machines appear to have a better record of paying out jackpots. To tell you the truth, that's because many individuals play them. Lastly, if you're able to locate them, play the standalones because these games have smaller jackpots that are won more frequently. How to win jackpots on slot machines? The best strategy is to do your research. These are leading progressive slot machines: Mega Moolah by Microgaming Gladiator by Playtech Mega Fortune by NetEnt Lightning Link by Aristocrat   Tips for Playing Slots Whether you play in brick-and-mortar or online casino, there are some things you should know in order to play wisely and safely. In the following sections, I’ll provide a few tips. Manage Your Money A crucial part of playing slots is effective money management, just like on quarter machines. For example, on a slot machine, a player can easily perform 800 pulls in an hour, so let's say one pull requires two quarters, which means that a player wagered $400. You can divide your funds meant for slots into smaller parts, for example, $20-$30 for every half an hour on a slot machine to avoid spending all the money quickly or on the same machine. Play within your means, and don't be afraid to cut your stakes or bail out if you reach the limit point. The fact is that you will lose money on a slot machine session, more often than not. Start with Little Bets It's common for gamers to believe that the winnings wouldn't occur immediately. So you should begin with little bets and work your way up, hoping to wager large when the winnings roll in, commonly known as “Prime the Pump.” When it comes to winning, you're more likely to win in the early stages than in the latter stages. So, if you wager the same amount on every spin, the payback percentage will remain the same. Try Your Luck at Slot Tournaments A slot tournament is a competition between many people playing the same casino slot game over a given time period. In tournaments, players accumulate points by wagering on a particular slot machine, and the winner is the competitor who finishes with the most points. A single day may be the limit for some contests, while others may go on for several months. It's essential to remember that different casinos have different restrictions, such as spinning at least once per day throughout the event or playing the minimum number of spins over the course of the competition. Who knows, maybe you’ll have a lucky day and obtain some prizes. Use a Casino Bonus Online casinos usually provide sign-up promotions, so you can play through the casino bonus before withdrawing. You can use the bonus money to play games or test new games before spending your money. Don't bet more for prizes or exceed your bankroll. Play comfortably, then profit. Check Out New Slot Games It goes without saying that casinos put a lot of thought into picking slot games that will last a long time, but at the same time, they want to see a return on their investment as soon as possible. Consequently, casinos can occasionally enhance the payback rate on new slot machines or give special incentives that can be used on them. This is a terrific technique for players to potentially enhance their payout odds and helps the casino advertise the new games.   Conclusion At the beginning of this guide, I pointed out some historical points that I found important. Then, I explain what types of slots you should look for, what each element of a slot game does, and tips on how to play slot machines at land-based casinos. Moreover, I provided information about various slot types so you can potentially win more money. Lastly, if you're interested in playing slot, you can check how slot tournaments work and, perhaps, participate in one and win real money.