BETTING is all the rage these days. Everyone is doing it, trying to beat the house. But what exactly does a -3 mean when betting? Is it good or bad? What are the odds? Will you win or lose? These are some of the most common questions when it comes to gambling. Well, let’s look into this together.
The Meaning Of A Red Card
First off, what is a RED CARD? Well, it’s a card that is automatically considered a SCREWUP for the house. The betting line will move in the direction opposite to what you have on your card. For example, if you have a RED CARD in American football, the odds will move in the opposite direction. You’re basically playing against the house here.
Why would the house want to do this? Well, the house takes a big chunk of the action when there is betting on the game. So, to keep things even, they will move the odds in the direction of the game. Even though the odds are supposed to be in your favor, a RED CARD is always a bad sign when placing bets.
An Explanation Of The Term Action
When someone mentions betting, the first thing that comes to mind is probably sports betting. But, betting can be much more than sports. Let’s take a look at the definition of the term action from the Oxford English Dictionary:
“The amount that one wagers” (or “deposits”) + “The outcome of the gamble (or toss of the coin, spin of the ball, or ________)”, in either case.”
So, we have a few different things going on here. The first item is the amount of money (or other consideration) that you are setting aside to bet on whatever it is that you are betting on. The second item is the thing that you are betting on, be it a footrace, a battle of the bands, or the Super Bowl. The last item is the manner in which you are settling the bet, whether it is with a sportsbook, a bookmaker, or, like in the case of the American Revolution, with bullets. If you want to be precise, the last item is actually a type of wager known as an action. So, let’s break this thing down.
The term action can be used to describe a specific type of wager where you are putting your money on the line. This could be a wager on the favorite in a horse race, a wager on the outcome of a college football game, or even a wager on the Super Bowl. Whatever the case, you are placing a wager (or bets) where you stand to lose money (or other consideration) if your prediction is wrong. This is in contrast to a mere bet where you stand to win or lose a predetermined amount of money, regardless of the outcome of the game.
The term action can also be used to describe the total amount of money (or other consideration) that you are setting aside to bet on whatever it is that you are betting on. As a sports enthusiast who enjoys betting, you have probably already guessed that this second, broader definition of action, which includes non-sport related betting, is what the Oxford English Dictionary meant when they defined the word action as “The amount that one wagers”.
A Quick Note On History
One of the things that made the American Revolution such a fascinating period in history is that it spanned the time when sports were invented. Prior to 1776, there were no rules regarding which sports you could or could not bet on. It was all good luck if you were right or bad luck if you were wrong. If you wanted to place a wager on, for example, the Super Bowl, you would simply have to make sure that you were at a game and that there was some action going on, and hope for the best. So, if you want to be prepared for the next American Revolution, make sure that you have your weapons at the ready.
What Is The Meaning Of Book?
Another interesting item in the Oxford English Dictionary definition of action is the verb “to book” which means “To arrange for betting on an event, esp. a sports event; to bet or wager on an event.” So, a person books an event by making the necessary arrangements to place a wager on that event. In modern times, you might book an airplane ticket, a vacation package, or a pair of NBA tickets, just to name a few. When a person books an event, they are essentially telling the world, “I am making this bet, and you can’t keep me from placing it.” This is the motivation behind the -3 automatic scratch-off card in the case of sports betting. If you want to book an event, you have to have a -3 card.
Final Takeaway
So, there you have it. You now know what -3 means when betting. Hopefully, this has been enlightening. If you want to be prepared for the next American Revolution, make sure that you have your weapons at the ready. And don’t forget, the odds will always be in your favor when placing a wager, but a RED CARD is still a bad sign.