The ABC of Online Casino Sportsbetting
13 Jul 2006
A is for Accumulator. You won't find yourself around the world of online casino sportsbetting without the term 'accumultor'. This term refers to a bet placed at the online casino where the punter uses one single stake to create two or more successive bets. If one of these selections wins, the stake (plus winnings) is bet on the next selection at the online casino. However, if any of the selections lose during the accumulator, the whole bet is lost.
B is for Bettor. A person who places a bet at an online casino sportsbooking site is called a bettor. A bettor can also be someone who places a bet someplace else, ie. not necessarily at an online casino. However, we all know that bettors at online casinos are much happier that bettors at other types of gambling locations. B is also for Bookmaker. Also known as a bookie, the bookmaker accepts bets from bettors.
C is for a Circled Game. When an online casino places a limit on the amount that it is willing to accept from the bettor, this is known as a circled game. C is also for Controlled Risk. This is kind of bet in the index market that controls the amount of money that a bettor can lose.