The term ‘outright winner’ can mean different things to different people, but in betting it usually refers to one of two situations. Either (1) the favourite wins by a huge margin, or (2) there is some pretty extreme upset going on.
In the first situation, the favourite (or ‘long shot’ as it is sometimes known) wins by a large margin. The second situation is known as an ‘outright loser’, and it occurs when the favourite loses, but by only a small margin – not large enough for the favourite to ‘cover’ the spread. In this instance, the bookie takes a small ‘wager’ on the underdog (hence the name ‘outright loser’) and the bettor wins a small fortune, as most people would consider this to be a winning bet.
When Is An Outright Winner A Good Bet?
If you’re looking to place a bet on an outright winner, or have already done so and are wondering about the outcome, it’s usually best to back the favourite in order to avoid any unpleasant surprises. This is especially beneficial if you’re trying to place a bet on a long shot, as you’ll want to make sure that you’re not accidentally wagering money on a losing venture. As a general rule of thumb, backing the favourite maximises your chances of winning, while opposing the favourite minimises your chances of losing.
It’s also important to keep in mind that since betting is a game of chance, there’s always the possibility that you could win or lose money depending on how the roll of the dice (or the turn of the roulette wheel) goes.
What About An Outright Loser?
As the name would suggest, an ‘outright loser’ is exactly what it says on the tin: the underdog loses, but not by enough for the bookie to show a profit. In this instance, the bettor would consider the bet to be a ‘bad’ one and may feel a little bit of remorse or regret, knowing that they had wagered on a losing venture. Naturally, this is not the case, and you should feel absolutely no remorse or regret about placing a losing bet, especially if you read the ‘line’ or ‘slant’ on the bet properly beforehand. When you place a losing bet, the bookie will almost certainly offer you an ‘exchange’, i.e. give you back some of your initial wager (but not all of it). This is mainly done to encourage you to place more losing bets (they make money when you lose), but it also means that the bookie takes a chance on you as a customer (hence why they would give you an ‘exchange’, as opposed to simply taking your money and running). This form of encouragement is also known as ‘hedging’, and it’s an important tool for the experienced bookie to have at their disposal. Without it, they’d be a little bit more vulnerable to competition, as they can’t guarantee your continued patronage.
What Is A Bookmaker?
A ‘bookmaker’ is someone who takes wagers (usually between individuals, although it can also be done via online gambling platforms these days) on the outcome of sporting events. Most famously known for their role in taking bets on the outcomes of horse races, bookmakers have existed since the earliest days of organised sport. Nowadays, bookmakers will often take bets on a variety of sports and events, including American football, basketball, baseball, auto racing, greyhound racing, and more.
The most important thing to keep in mind regarding bookmakers is that they don’t ‘rig’ or tamper with the outcome of any sporting events. They will often post ‘lines’ or ‘outs’ for the events they take bets on, giving the bettor an idea of what the final outcome will be. But other than that, they leave the betting entirely up to fate (or rather, up to the gods of chance). This is why it’s usually best to back the favourite when betting on an outside chance, as they can’t control what will happen once the race begins. Bookmakers also have to make sure that they cover the spread (i.e. they need to make sure they give the correct odds), which is why they will often put down a small ‘wager’ with you: they might only risk covering your whole bet (plus small odds), but since they took the risk of accepting your bet in the first place, they are legally bound to return the favour and cover your loss (plus small odds).
What Is An Odds Buster?
An ‘odds buster’ (often just called a ‘punter’ or ‘bone punter’ in Australia) is someone who is specifically looking to ‘pun’ or destroy the line set by the bookmaker. This can be achieved by a variety of different methods, including but not limited to money-back wagers, scoring points in a parlay, using a calculator, or becoming a professional gambler and getting (or creating) their own line. The important thing for the punter is that they want to break the booksie’s line, not necessarily that they want to win or lose money themselves. In most instances, odds busting is considered a tax-deductible expense, so it’s definitely a valid way to save money for legal or other purposes.
How Does One Calculate The Exact Score Of A Futbol Game?
If you’re wondering how to calculate the exact score of a futbol game (soccer for the uninitiated), it’s actually quite easy. All you need is the same set of formulas used to calculate the scores of American football and other professional sports. Let’s take a look:
- First Down: 4 points
- Second Down: 2 points
- Third Down: 1 point
- Fourth Down: 0 points
- Goal: 2 points
- Forfeit: 1 point
- Safety: 2 points
- Possession: 3 points
- Tackling: 1 point
- Roughness Penalized: 2 points (reduce by 1 point for each non-violent yellow card)
- Yellow Card: 1 point
- Excessive Late Capping: 1 point (reduce by 1 point for each minute past the expiration time)
So, using these numbers, here’s how the game score breaks down:
- First Down: 4 points
- Second Down: 2 points
- Third Down: 1 point
- Fourth Down: 0 points
- Goal: 2 points
- Forfeit: 1 point
- Safety: 2 points
- Possession: 3 points
- Tackling: 1 point
- Roughness Penalized: 2 points (reduce by 1 point for each non-violent yellow card)
- Yellow Card: 1 point
- Excessive Late Capping: 1 point (reduce by 1 point for each minute past the expiration time)
As long as you keep all these numbers in your head (or, preferably, on a handy little notepad), coming up with the score of any soccer game should prove to be a piece of cake. Just remember: your goal is to beat the booksie’s line, not necessarily to win money.
How Do I Calculate The Odds Of A Football Game?
If you’re looking to figure out the odds of a football game, it’s actually quite easy. The same set of formulas used to calculate the odds of American football and other sports (as discussed in the previous section) can be applied to soccer. Here’s how to do it: