The abbreviation “PP” means “paid placement.” So, when you see one of these on a betting slip, it means the bettor paid to have the particular item listed there. These kinds of bets are sometimes called “push-pull” bets because you’re essentially betting on whether or not something will happen — maybe an event or a team will win. You’re often wagering on the outcome of a sporting event but can also include anything that can be considered an event, show, or happening.
Most sportsbooks will tell you what type of event you’re betting on, but if you want to be sure, you can always ask the question directly.
Why Do I Need To Know This?
Knowing what “PP” means in betting will help you understand why some of the bets might be more profitable than others. For instance, you might want to put your money on a team you support because you think they’ll win.
This is called a “pull” bet because you’re betting on the outcome of an event. However, if you’re not sure which event you’re betting on, it might not be the most profitable choice. The opposite is true for “push” bets as well. In a push bet, you’re not necessarily placing your money on the outcome of an event, but you are betting that something will happen that will affect the outcome. Some examples of push bets are:
Over/Under On A Sports Event
In a typical over/under (odds) bet, you’re basically placing a wager on whether the final score of a sports game will be above or below some pre-determined number. For example, you might want to wager 10/11 (or 90% odds) that the Miami Heat will score at least 113 points against the New York Knicks this Sunday.
This type of bet is called an “over/under” because if the final score is above the pre-determined number, you’ll win your bet. If it’s below that number, you’ll lose your bet (but you’ll still be paid).
Match Up/Against The Community Bet
Another way to gain profits through betting is to place bets for or against the community. In a match up bet, for example, you’re essentially placing a wager that one team will defeat another team. In an against the community bet, you’re betting that the opposite will happen — that is, the two teams will somehow end up helping each other out.
You’ll often find this option on a betting slip along with the over/under or point shaving (see below) bets because it’s often difficult to tell which event you’re actually betting on. For instance, you might want to bet 10/11 (90%) that the Chicago Cubs will win the World Series, but you also want to bet against the Houston Astros — that is, you don’t want the Cubs to win the Series but you do want the Astros to lose.
Point Shaving
Point shaving is the practice of intentionally throwing a game (or part of a game) in order to manipulate the final score. This is often done for profit but can also be an act of retribution towards the opposing team or player (or in the case of a forfeit, even the coaches and referees as well). Point shaving has been popularized by gamblers who watch sporting events on TV and see the score as it develops. They notice that sometimes there are noticeable discrepancies between what the referees and the TV announcers report and what the betting public believes will happen — especially in close games where a small difference in points can make a big difference in the outcome. So, they decide to take matters into their own hands and throw some games to make sure their bets pay off as expected.
More Than Meets The Eye
While the above examples will help you understand some of the basic forms of betting, it’s not always easy to decipher which ones you’re supposed to place, or even if you’re supposed to place them at all. For instance, you might want to bet on the Chicago Bears football team winning the Superbowl this year (SB) but might also want to bet against them beating the Green Bay Packers in the regular season (RS). In this case, you’ll win a lot of money if the Bears lose the Superbowl but you’ll also lose a lot of money if they beat the Packers in the regular season. It’s not always easy to tell which events are more profitable than others when you’re just given the abbreviation “PP” at the end of the betting slip.
To help you make the right picks, here are a few guidelines. First, if you’re not sure which event you’re supposed to bet on, it might not be the best idea. Sometimes it’s better to avoid betting on certain events altogether. Second, make sure you’re actually getting paid what you think you are. There are a lot of scammers out there who will try to trick you into placing a bet with them when all they want is your money. Finally, look at the odds — or more precisely, the payout — and ask yourself if you’re really getting your money back. In the case of the Superbowl, for example, the betting odds are usually very good but the payout is usually very low because most people wager on the underdogs. So, in this case, you’re more likely to lose your money than you are to win it.
The Basics
In order for betting to be legalized in a particular country, certain laws and regulations have to be put in place. Typically, these bills include provisions that allow gamblers to place bets on sporting events and allow sportsbooks to operate in each country. Once this is done, the amount of money that can be won in a single bet depends on which country you’re in. In most countries, including the United States, you’re not allowed to wager more than you can afford to lose. You have to put your money in separate accounts to protect your finances from being violated by a scammer or prankster.
It’s also worth pointing out that while most people who gamble do so because they think it’s a harmless fun activity, it’s not. There are a lot of addictive qualities that can come with gambling. It’s also often considered a gateway activity to other vices such as drug and alcohol abuse. It’s important to remember that betting is not a game and should not be treated as such. If you feel like you have a problem with gambling, you can contact gambling anonymous helpline for help.