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Sports Betting
Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a sportsbook or bookmaker (colloquially known as "bookies"), or illegally through privately run enterprises. The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and debts. Many legal sportsbooks are found online, operated over the Internet from jurisdictions separate from the clients they serve, usually to get around various gambling laws (such as the Unlawful Internet Gambling Enforcement Act of 2006 in the United States) in select markets, such as Las Vegas, or on gambling cruises through self-serve kiosks. There are different types of legalized sports betting now such as game betting, parlays props and future bets. They take bets "up-front", meaning the bettor must pay the sportsbook before placing the bet. Due to the nature of their business, illegal bookies can operate anywhere but ...
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Miami Heat
The Miami Heat are an American professional basketball team based in Miami. The Heat compete in the National Basketball Association (NBA) as a member of the Southeast Division (NBA), Southeast Division of the Eastern Conference (NBA), Eastern Conference. The team plays its home games at Kaseya Center, and has won three List of NBA champions, NBA championships. The franchise began play in the 1988–89 NBA season, 1988–89 season as an expansion team. After a period of mediocrity, the Heat gained relevance in the mid-1990s when Pat Riley became team president and head coach. Riley constructed the trades for Alonzo Mourning and Tim Hardaway, which propelled the team into NBA playoffs, playoff contention. Mourning and Hardaway led the Heat to four consecutive division titles prior to their departures in 2001 and 2002, respectively. The team also experienced success after drafting Dwyane Wade in 2003. Led by Wade, following a trade for former NBA Most Valuable Player (MVP) Shaquil ...
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National Football League
The National Football League (NFL) is a Professional gridiron football, professional American football league in the United States. Composed of 32 teams, it is divided equally between the American Football Conference (AFC) and the National Football Conference (NFC). The NFL is one of the major professional sports leagues in the United States and Canada and the highest professional level of American football in the world. Each NFL season begins annually with a NFL preseason, three-week preseason in August, followed by the NFL regular season, 18-week regular season, which runs from early September to early January, with each team playing 17 games and having one Bye (sports), bye week. Following the conclusion of the regular season, seven teams from each conference, including the four division winners and three Wild card (sports), wild card teams, advance to the NFL playoffs, playoffs, a single-elimination tournament, which culminates in the Super Bowl, played in early February ...
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Point Spread
Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A point spread is a range of outcomes and the bet is whether the outcome will be above or below the spread. , spread betting was a major growth market in the UK, with the number of gamblers heading towards one million. Financial spread betting (see below) can carry a high level of risk if there is no "stop". In the UK, financial spread betting is regulated by the Financial Conduct Authority rather than the Gambling Commission who regulate spread betting on sports. Purpose The general purpose of spread betting is to create an active market for both sides of a binary wager, even if the outcome of an event may appear ''prima facie'' to be biased towards one side or the other. In sports, almost every contest has a ''favorite'' and an ''unde ...
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Soccer
Association football, more commonly known as football or soccer, is a team sport played between two teams of 11 Football player, players who almost exclusively use their feet to propel a Ball (association football), ball around a rectangular field called a Football pitch, pitch. The objective of the game is to Scoring in association football, score more goals than the opposing team by moving the ball beyond the goal line into a rectangular-framed Goal (sport), goal defended by the opposing team. Traditionally, the game has been played over two 45-minute halves, for a total match time of 90 minutes. With an estimated 250 million players active in over 200 countries and territories, it is the world's most popular sport. Association football is played in accordance with the Laws of the Game (association football), Laws of the Game, a set of rules that has been in effect since 1863 and maintained by the International Football Association Board, IFAB since 1886. The game is pla ...
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Ice Hockey
Ice hockey (or simply hockey in North America) is a team sport played on ice skates, usually on an Ice rink, ice skating rink with Ice hockey rink, lines and markings specific to the sport. It belongs to a family of sports called hockey. Two opposing teams use ice hockey sticks to control, advance, and Shot (ice hockey), shoot a vulcanized rubber hockey puck into the other team's net. Each Goal (ice hockey), goal is worth one point. The team with the highest score after an hour of playing time is declared the winner; ties are broken in Overtime (ice hockey), overtime or a Shootout (ice hockey), shootout. In a formal game, each team has six Ice skating, skaters on the ice at a time, barring any penalties, including a goaltender. It is a contact sport#Grades, full contact game and one of the more physically demanding team sports. The modern sport of ice hockey was developed in Canada, most notably in Montreal, where the first indoor ice hockey game, first indoor game was play ...
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If Bet
Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a sportsbook or bookmaker (colloquially known as "bookies"), or illegally through privately run enterprises. The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and debts. Many legal sportsbooks are found online, operated over the Internet from jurisdictions separate from the clients they serve, usually to get around various gambling laws (such as the Unlawful Internet Gambling Enforcement Act of 2006 in the United States) in select markets, such as Las Vegas, or on gambling cruises through self-serve kiosks. There are different types of legalized sports betting now such as game betting, parlays props and future bets. They take bets "up-front", meaning the bettor must pay the sportsbook before placing the bet. Due to the nature of their business, illegal bookies can operate anywhere but ...
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Teaser (gambling)
A teaser (or a "two-team teaser") is a type of gambling bet that allows the bettor to combine his bets on two different games. The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win. A teaser is a type of wager used in sports betting, most commonly in basketball and football. This wager is a multi-team wager, allowing the bettor to choose a minimum of two teams up to, in some cases, 15 teams. The bettor will get points on his favor to add or subtract to the teams chosen to improve the point spread chosen. There are two types of teasers. The first kind, known as a "Super Teaser," "Special Teaser," "Big Teaser," or "Monster Teaser, " allows the bettor to choose three, four, or in some cases five teams, and gives a larger number of points to add or subtract to the spread of the selections chosen. In return, the bettor will receive less money than the one risked in the bet. The second type of teaser, known as a "Vegas ...
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Parlay (gambling)
A parlay, accumulator (or acca), combo bet, or multi is a single bet that links together two or more individual wagers, usually seen in sports betting. Winning the parlay is dependent on all of those wagers winning together. If any of the bets in the parlay lose, the entire parlay loses. If any of the plays in the parlay ties, or "pushes", the parlay reverts to a lower number of wagers with the payout odds reducing accordingly. Parlay bets are high-risk, high-reward; linking the possibilities drastically reduces the chance of the bet paying off overall. The benefit of the parlay is that there are much higher pay-offs, although as usual, casinos and bookkeepers offering parlays often exploit the poor calculation of gamblers by not increasing the pay-out as much as the odds truly demand, with the effect of the house edge increasing in parlays. Although a variety of bets can be used to build a parlay bet, correlated parlays are usually not allowed by traditional bookmakers. Co ...
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Baseball
Baseball is a bat-and-ball games, bat-and-ball sport played between two team sport, teams of nine players each, taking turns batting (baseball), batting and Fielding (baseball), fielding. The game occurs over the course of several Pitch (baseball), plays, with each play beginning when a player on the fielding team (baseball), fielding team, called the pitcher, throws a Baseball (ball), ball that a player on the batting team (baseball), batting team, called the Batter (baseball), batter, tries to hit with a baseball bat, bat. The objective of the offensive team (batting team) is to hit the ball into the field of play, away from the other team's players, allowing its players to run the Base (baseball), bases, having them advance counter-clockwise around four bases to score what are called "Run (baseball), runs". The objective of the defensive team (referred to as the fielding team) is to prevent batters from becoming Base running, runners, and to prevent runners base running ...
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American Football
American football, referred to simply as football in the United States and Canada and also known as gridiron football, is a team sport played by two teams of eleven players on a rectangular American football field, field with goalposts at each end. The offense (sports), offense, the team with possession of the oval-shaped Ball (gridiron football), football, attempts to advance down the field by Rush (gridiron football), running with the ball or Forward pass#Gridiron football, throwing it, while the Defense (sports), defense, the team without possession of the ball, aims to stop the offense's advance and to take control of the ball for themselves. The offense must advance the ball at least ten yard, yards in four Down (gridiron football), downs or plays; if they fail, they turnover on downs, turn over the football to the defense, but if they succeed, they are given a new set of four downs to continue the Glossary of American football#drive, drive. Points are scored primarily b ...
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Association Football
Association football, more commonly known as football or soccer, is a team sport played between two teams of 11 Football player, players who almost exclusively use their feet to propel a Ball (association football), ball around a rectangular field called a Football pitch, pitch. The objective of the game is to Scoring in association football, score more goals than the opposing team by moving the ball beyond the goal line into a rectangular-framed Goal (sport), goal defended by the opposing team. Traditionally, the game has been played over two 45-minute halves, for a total match time of 90 minutes. With an estimated 250 million players active in over 200 countries and territories, it is the world's most popular sport. Association football is played in accordance with the Laws of the Game (association football), Laws of the Game, a set of rules that has been in effect since 1863 and maintained by the International Football Association Board, IFAB since 1886. The game is pla ...
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