Glossary about online Betting

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Glossary

Definitions for: V

Value Bet

Market’s selection where the odds are overrated in comparison to the real probabilities of that event to happen, i.e., the odds offered by the Bookmaker are higher than should be in bettor's opinion.
Example: bettor estimates that Team A has 50% chance of winning, which implies odds of 2.00; if Bookmaker offers odds higher than 2.00, bettor consider his Bet offers value and accepts it.
If bettor is able to consistently find value bets, he will get profit in the long term.

Void bet

Synonims: Returned Bet.
A Bet which is neither won nor lost. Bettor gets his Stake Back.
Void Bet occurs for various reasons: in Asian Handicap, draw is void Bet (also known as Push Bet); in the First Goal Scorer Market, Bet is usually void if player that Bet was put on is not on the pitch when the first goal is scored. Matches that have been postponed or abandoned may also be considered as void bets, but bettor in these cases must consult Bookmaker's rules.

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The Academy portal gives you club, player and competitions statistics in Football. We cover Cups, Leagues, Tournaments and Friendly Games from countries and teams from around the globe. We offer from goal scorers to, final and half-time results, red and yellow cards, among other functions and events that will help the users to have a more enjoyable and complete knowledge of the available sports. You can follow live scores from competitions such as the Portuguese League, Spanish League, Premier League, Champions League, Europa League, among others.

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