What Does “Win Outright” Mean in Betting?

“Win outright” is a common expression in betting. It means you win the wager, whether it was a football game, a hockey game, or a boxing match. The concept is that you make the bet, and even if the outcome is adverse, you still win. The phrase comes from the era when a lot of sports were actually purchased or transmitted on radio waves. In those days, it wasn’t uncommon for the game to end in a tie, which would lead to a “decision” by the presiding judge. If he ruled in favor of the home team, the bettor would win outright (as long as he didn’t “rake off” on the bet, or pay out more than he originally put in).

These days, sports betting is conducted online. It’s much less common to see a judge preside over a sporting event anymore. However, the phrase “win outright” lives on thanks to its allusion to an era that is now centuries in the past. The reason “win outright” means anything to a sports bettor is that the phrase still crops up frequently in everyday speech. People will often say things like “that was a close one, but in the end, I think we came out ahead” when referring to a game that ended in a tie.

Different Ways To View Wins

Not all wins in sports betting are created equal. There are several different ways one can view a win:

Home Team Wins

If you are a fan of a particular team, and they just managed to pull off an upset victory over the favorite, it can be pretty exciting. However, it can also be frustrating if they are the same team you are backing in the first place. For example, if the Chicago Bulls win against the Cleveland Cavaliers in an NBA match, it would be quite the upset. However, if you were betting on the Cavaliers, you would be understandably disappointed. In that case, you could say that your “investment” failed, not that the game was decided by a tie-breaker.

Handicap Wins

When one team is clearly superior to the other, as is the case with most NCAA football games, it makes sense to bet on the side of the underdogs. If you are looking to take on some extra risk, you can also go with the “handicap” option. This is where you put in more than you would for a straight-up wager, but it’s usually done on the grounds that the favored team is a bit less talented than their record would have you believe. In a handicap wager, the goal is to come out on top against the spread. If the favorite team wins, you win too, but if the underdogs win, you lose. This is typically done for races that have a large enough field to make the exact finishing order irrelevant. For example, if there are 20 horses in a race, and you back the one on the right, you will lose if any of the other 19 break even, but you will still win if your horse finishes first or second.

Tie-Breaker Wins

This is when the rules of the sport dictate that a tie should be broken by some sort of bizarre event. For example, if two cars are tied for first place after completing a lap during a Formula One race, the winner will be determined by how efficiently they can zip around a track at top speed. This is also commonly used in golf to determine the winner of a sudden-death hole. In these particular cases, your investment will either pay off or it will lose you your bet (but either way, you will have your money back). However, the strangest tie-breaker in sports is the sudden death overtime. Essentially, the goal is to make it to the point where neither team can possibly surpass the other. For example, in the Stanley Cup Finals, each team gets three overtime periods. In the first overtime, you can score but the winner will be determined by how well your team played during that particular period. The same goes for the second and third overtime periods. In the end, the team that played the best throughout the entire playoffs wins. Of course, this isn’t always the case, and there are many examples of two evenly matched teams going head to head for the entire length of a seven-hour football game. In those occasions, you would have to choose whether to “fold” or “call” the winner after the final whistle. The odds are always in your favor if you “call” the game, but you run the risk of getting hosed if you “fold” after the favored team’s star player broke your heart with a late score.

What Is The House Edge?

This may be the most important concept to understand when it comes to sports betting: the house edge. This simply means that the casino (the house) has an advantage over you, the player. It is built into the gambling paradigm that the house will always have the advantage, which is why it is so often referred to as a “gambling edge.” The advantage is typically hidden in the form of “juice” (paid bonuses), which the casino may offer in exchange for placing a wager. In many cases, the house edge is also baked into the odds, so even if you win, you will lose because of the way the odds were set in the first place. For example, if you bet $100 on a horse that comes in last, the odds will be 17 to 1 against you. However, if you had Bet $100 on a horse that comes in first, your odds of winning would be 9 to 1 (the 17 is taken care of by the casino).

Why Do Some Sports Have Fixed Odds, While Others Are Fixed Money?

If you are familiar with poker, you know that not all games are created equal. There are actually several different games of poker, and those who play them are usually classified as either “tight” or “loose”. When it comes to sports, those who follow the money usually end up in one of these camps as well. For example, most horse racing books will tell you which of the races have “fixed odds,” or whether they are “fixed money” races. If you look at the statistics, you will see that most “fixed odds” races are a form of high-stakes betting, while “fixed money” races are generally low-stakes games. This is because the tracks that offer the most “fixed odds” races are the same tracks that also have the highest revenue, thanks to the fact that they attract more gamblers. In short, the more people who play, the more money the casino makes.

Odds Are Chilled, While You Can’t Beat The House

The advantage of the casino is something that every gambler has to live with. However, that doesn’t mean that you have to play in order to lose. One of the things that makes sports betting so exciting is that, even though you are essentially playing against the casino, you can still have good chances of winning if you know what you are doing. For example, if you are familiar with the gambling terms listed above, you will know that it is very difficult for the casino to constantly win, even when they have the advantage. This is because the odds are always in your favor, and the house has to pay players who have the highest rolls. In most cases, you will either win or lose, but the casino can’t keep on taking money from players forever. This means that even though the house has the advantage, you can still have good odds of winning if you know how to maximize your potential. As a general rule of thumb, it is always a good idea to favor the home team in non-conference games and the favorites in conference games (more on that later).

Betting On Certain Teams Can Be Profitable

The odds are always in your favor, but this doesn’t mean that betting on certain teams can’t be profitable. In fact, it can be quite the opposite. If you look at the teams that are consistently undervalued by the betting community, you will see that they often go on to have great statistical seasons. In some cases, this can be traced back to their absurd underestimation. For example, people think the Atlanta Falcons will never win a Super Bowl because they were previously routed in the postseason by the New York Giants. The truth is that the Falcons demolished the Pittsburgh Steelers in the Georgia Dome in the first round that year (though they would lose the Super Bowl, thanks to Eli Manning and the G-men). A year later, the Falcons avenged their loss, knocking off the Giants in the NFC Championship game.