Betting A-Z: M – The Ultimate Encyclopaedia for All Your Betting Needs

Betting A-Z: M – The Ultimate Encyclopaedia for All Your Betting Needs

Make the Market – A process in which bookmakers adjust odds to ensure that they attract an equal amount of money on both sides of a bet, thus ensuring a profit regardless of the outcome.

Manifold – A type of bet that requires the bettor to select the winner of multiple races or events, with the winnings from each selection being rolled over onto the next.

Margin – The difference between the actual or perceived likelihood of an outcome and the odds offered by a bookmaker, representing the bookmaker’s profit margin.

Margin Betting – A type of betting in which the bookmaker sets a handicap or point spread for the favorite team or player, with the bettor betting on the underdog to win by a certain margin or to lose by less than the handicap.

Market – The collection of all bets being offered on a particular event, including the odds and types of bets available.

Market Manipulation – The practice of attempting to influence the odds or outcomes of a particular event by placing large bets or spreading false information in order to affect the market.

Market Percentage – The amount of money that bookmakers expect to keep as profit from a particular market, calculated by adding up the implied probabilities of all possible outcomes and subtracting from 100%.

Martingale – A betting system in which the bettor doubles their stake after every loss, with the aim of recouping all losses and making a profit when a win eventually comes.

Match Betting – A type of betting in which the bettor bets on one team or player to win, with no handicap or point spread involved.

Matched Betting – A risk-free betting technique that involves placing bets on all possible outcomes of an event using free bets and promotions offered by bookmakers, ensuring a profit regardless of the outcome.

Matchup – A bet that involves selecting which of two players or teams will perform better in a particular statistic or category, such as total points or rebounds.

Max Bet – The maximum amount that a bookmaker will accept as a single bet on a particular event.

Middle Bet – A type of arbitrage bet that involves placing bets on both sides of a point spread or total, with the aim of winning both bets if the final result falls within a specific range.

Middling – The practice of placing bets on both sides of a point spread or total in order to create a range of outcomes that will result in a win on one or both bets.

Minimum Bet – The smallest amount that a bookmaker will accept as a single bet on a particular event.

Minimum Price – The lowest odds that a bookmaker will offer on a particular outcome, usually due to low probability or high risk.

Money Back Special – A promotion offered by bookmakers that refunds a portion of a bet or offers a free bet if certain conditions are met, such as a particular player scoring a goal or a specific team winning by a certain margin.

Money Line Bet – A type of betting in which the bettor bets on one team or player to win, with odds expressed as a positive or negative number indicating the payout for a successful bet.

Money Line Conversion Chart – A table or chart used to convert money line odds to probabilities or implied odds.

Money Line Favourite – The team or player that is expected to win a particular event, as indicated by the lowest money line odds offered by bookmakers.

Money Line Juice – The commission or fee charged by bookmakers on money line bets, usually expressed as a percentage of the total wagered.

Money Line Parlay Bet – A type of bet that involves combining multiple money line bets into a single wager, with the payout increasing for each successful selection.

Money Line Pick – A betting option that involves picking the winner of a particular event, with no point spread or handicap involved.

Money Line Proposition Bet – A type of bet that involves wagering on a particular outcome or event within a game or match, such as which player will score the first goal or which team will score the most points in a quarter.

Money Line Spread – A betting option that involves selecting the winner of a particular event with a point spread or handicap added to the odds.

Money Line System – A betting system that involves betting on money line favorites or underdogs based on a set of predetermined rules or strategies.

Money Line Wager – A bet placed on the winner of a particular event, with odds expressed as a positive or negative number indicating the payout for a successful bet.

Money Line Win – A betting option that involves selecting the winner of a particular event, with no point spread or handicap involved.

Money Management – The practice of managing one’s bankroll or betting funds in a disciplined and strategic manner, with the aim of minimizing risk and maximizing profits.

Money Talks – A term used to describe the influence that large or influential bettors can have on the odds or outcomes of a particular event.

Moneyline – Another term for a money line bet, in which the bettor bets on one team or player to win with odds expressed as a positive or negative number.

Moneyline Converter – A tool or calculator used to convert money line odds to probabilities or implied odds.

Moneyline Odds – The odds offered by bookmakers on a money line bet, expressed as a positive or negative number indicating the payout for a successful bet.

Moneyline Parlay – Another term for a money line parlay bet, in which multiple money line bets are combined into a single wager with the payout increasing for each successful selection.

Moneyline Payout – The amount of money that a bettor will receive if their money line bet is successful, calculated based on the odds offered by the bookmaker.

Moneyline Price – Another term for money line odds, indicating the payout for a successful bet on a particular team or player.

Moneyline Runline – A type of bet that combines elements of both money line and point spread betting, with a handicap added to the odds of the favorite team or player.

Moneyline Spread Bet – A type of bet that involves selecting the winner of a particular event with a point spread or handicap added to the odds.

Moneyline Underdog – The team or player that is not expected to win a particular event, as indicated by the highest money line odds offered by bookmakers.

Monkey – A slang term used to describe a losing bettor or an unsuccessful bet.

Morning Line – The initial set of odds or lines offered by bookmakers for a particular event, usually released the morning of the event.

Morning Line Favourite – The team or player that is expected to be the favourite based on the morning line odds.

Most Favored Nation – A clause in contracts between bookmakers and sports leagues that requires the bookmaker to offer the same terms to all leagues, regardless of their size or popularity.

Movable Line – A line or odds that change frequently based on factors such as injury updates, weather conditions, or betting patterns.

Moving the Line – The act of shifting a point spread or odds to encourage betting on one side or the other, often done by bookmakers to balance their books.

MTP – Abbreviation for “Minutes to Post,” referring to the amount of time remaining until a particular race or event begins.

Muck – A term used in poker to refer to the act of discarding one’s cards without showing them, typically done when folding or losing a hand.

Multiple Bet – A type of bet that involves combining two or more individual bets into a single wager, with the payout increasing for each successful selection.

Multiples – Another term for multiple bets, in which two or more individual bets are combined into a single wager.

Mystery Bet – A type of bet offered by some bookmakers in which the selection or outcome of the bet is not revealed until after the bet has been placed.