Sports Betting Definitions E to F

edge: an advantage. Example Sentence: The Baltimore Ravens have the advantage since they play at home against the Detroit Lions.

Even the money: is a bet where the odds are 1 to 1. Example Sentence: It was an even money bet that the Pittsburgh Steelers would win, since I bet $40 to win $40.

exotic: non-traditional bet Example sentence: I was talking to my bookie and apparently you can bet on who will be the next president, now that’s an exotic bet.

Exposure: is the total amount of cash that a bookmaker could lose on a match.

Each path: it is a bet on a team or player to win and also place.

Favorite: the team or competitor that most people believe will win. Example Sentence: Most of the action is about the Germans winning the world cup soccer match against England, the Germans are the favorites in that match.

Fixed game: it is a match in which the participants abuse their position and use unethical or unorthodox methods to adjust the outcome of the game. Example sentence: I was talking to my partner at the pub and he apparently made a killing in a college basketball game because he knew the game was rigged.

Fixed odds: a fixed odds means that your payout for that bet will not change even if the odds change. Whatever is on the ticket are the odds and the payout you will get on the outcome.

Field: refers to competition in an event. Sample Sentence: At the local horse race today there were 10 horses in the field.

Flag: is a bet that has twenty-three bets.

First Half Bet: You only bet on the result of the first half. Example sentence: I bet that the rugby team I supported would lead the score at the end of the first half. If I’m right, I’ll win my bet.

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