Everything you need to know about crypto, Web3 and betting
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When someone has action on the outcome of a sports game, it’s a way of saying they have placed a bet on the game. To have action means you have a monetary interest in the outcome of an event. If you’re an avid sports bettor and you’ve likely been called an action junkie. In sports betting, getting called an action junkie would imply you’re simply someone who usually likes to place a large volume of bets, rather than someone who’s seen all of the latest action flicks. Another use of action would be to describe the betting menu or schedule of games offered on a specific day. If you overhear someone say (or read it on a message board), “What’s the action look like tonight?” it’s merely another way of asking what games are being played that day. In sports betting parlance, someone inquiring about action might be asking with a keen interest in what games are of interest to bet on. Additionally, action can also be used by bookmakers to reference the slate games they’re offering odds and lines on. For bookmakers, action can also be used to refer to the number of bets or volume of wagers that have been taken by bettors. Action is an expansive term, with many different use cases in sports betting. That being said, no matter the context, action always refers to when money is being placed on the outcome of a sporting event.
A crypto airdrop is a promotional activity typically performed by blockchain-based startups to help bootstrap a virtual currency project. Its aim is to spread awareness about the cryptocurrency project and to get more people trading in it when it lists on an exchange as an initial coin offering (ICO). Airdrops are generally promoted on the company's website, social media, and cryptocurrency forums. Coins or tokens are sent only to specific wallets based on the blockchain network or coins held in existing wallets. To qualify for the free gift, a recipient may need to hold a minimum quantity of the crypto coins in their wallet. Alternatively, they may need to perform a certain task, such as posting about the currency on a social media forum, connecting with a particular member of the blockchain project, or writing a blog post.
An alternate line is a spread or total that is a derivative of the standard betting market. These lines will be higher or lower than the main line being offered at (or around) -110 odds. Alternative lines that have a higher win probability will have shorter odds. Vice-versa, alternative lines with a lower chance of winning will have longer odds. An example of an Alternate Line is an Alternate Total for Match Score which offers a higher or lower total with odds changing accordingly (such as in NFL a Total being 50.5 -110 and an Alternate Total being 49.5 -167). It can also be used in spread/line betting in the form of an Alternate Handicap which offers a higher or lower spread/line (such as in NBA a team being +4.5 -110 and an Alternate Handicap being +5.5 -167).
The action of authorizing a transaction in a decentralized application or wallet, typically to allow the movement of funds or execution of a smart contract.
A short for arbitrator. This is a bettor who uses the variations in odds and bets on different outcomes of the same event on different betting sites, guranteeing himself a profit.
Refers to the bet that you are most confident about (there is no such thing as a guaranteed win in any betting circumstance – it’s important to understand that any wager can lose). It’s important to do your research and select a team which is likely to win. You don’t want your banker team to let you down. The great thing about the modern world of football is that you can more often than not rely on the top teams to win their games.
28.01.2023
28.01.2023
28.01.2023