December 4, 2023

Income from betting

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

5 min read
Betting encyclopedia

Betting encyclopedia

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

  • Each way: A bet that is placed on a selection to win or place in an event, typically in horse racing.
  • Early cash out: A feature offered by some bookmakers that allows bettors to cash out their bets before the event is over, usually for a reduced payout.
  • Early prices: The odds that are available on a particular selection in advance of the event, typically offered by bookmakers.
  • Earnings: The amount of money won by a bettor from their bets.
  • Ebb tide: A term used in horse racing to describe a period of time when a horse’s form and performance is on the decline.
  • Eclipse award: An annual award given to the top horses, jockeys, trainers, and owners in American Thoroughbred horse racing.
  • Economic return: The amount of profit earned on an investment or bet, taking into account the amount of money invested or wagered.
  • Edge: An advantage that a bettor may have over the bookmaker or other bettors, typically gained through knowledge, research, or analysis.
  • Edge sorting: A technique used by some gamblers to gain an advantage in card games by identifying and exploiting subtle differences in the backs of playing cards.
  • Education: The process of learning about betting and gambling, including strategies, odds, and other relevant information.
  • Effective odds: The actual odds of a bet winning, taking into account the bookmaker’s commission or vigorish.
  • Efficiency: The effectiveness and profitability of a betting strategy or system, taking into account the amount of risk and the potential rewards.
  • Ego: The tendency of some bettors to make decisions based on pride or overconfidence rather than logic or analysis.
  • Eighty-five percent rule: A rule of thumb used by some professional bettors that suggests that the maximum amount of a bankroll that should be risked on any single bet is 1/20th or 5% of the total bankroll.
  • Elapsed time: The amount of time that has passed during an event, typically used in horse racing and other timed competitions.
  • Election betting: Betting on the outcome of political elections, typically offered by bookmakers in some countries.
  • Electronic funds transfer: A method of transferring funds electronically between bank accounts, often used for deposits and withdrawals at online betting sites.
  • Electronic gaming machine: A device used for gambling, typically found in casinos and other gambling venues.
  • Eligible player: A player who meets the criteria for participating in a particular competition or event, typically based on age, skill level, or other factors.
  • Elimination: The process of removing teams or players from a competition based on their performance, typically used in knockout tournaments.
  • Elite: A group of highly skilled or successful bettors, often associated with professional or semi-professional gambling.
  • Email betting: Placing bets through email, typically used by bettors who do not have access to online betting platforms or who prefer to communicate directly with their bookmaker.
  • Emancipation: The process of freeing oneself from addictive or destructive gambling behaviors.
  • Emotion: The feelings and impulses that can influence a bettor’s decisions, often leading to irrational or impulsive bets.
  • Empire action: A type of bet where the bettor wagers on all possible outcomes of a particular event, typically used in horse racing.
  • Endorsement: A promotional agreement between a betting company and a celebrity or other public figure.
  • Endurance test: A type of bet that requires a horse to finish a race within a specific time limit to win.
  • Endowment: A sum of money that is donated or invested to provide ongoing support for a cause, organization, or individual.
  • Energy: Refers to the enthusiasm and motivation that a bettor brings to their wagers.
  • Enrollment: The process of signing up for a betting account or service.
  • Entertainment: Betting can be a form of entertainment for some people, providing excitement and enjoyment while watching events unfold.
  • Equalizer: A type of bet that is designed to level the playing field between two teams or competitors, often by giving one team a handicap or points advantage.
  • Equipment: Refers to the tools and gear used in sports and other events, which can impact the performance of competitors and the outcome of a wager.
  • Escrow: A financial arrangement where a third party holds funds until the terms of a transaction are met.
  • Estimation: The process of predicting or estimating the likelihood of a specific outcome or event occurring.
  • Ethics: The moral principles and values that guide behavior and decision-making in the betting industry.
  • European odds: A type of odds format used primarily in Europe, which displays the potential payout for a winning wager rather than the total payout including the initial stake.
  • Event: A specific competition, game, or match on which a bet can be placed.
  • Exacta: A type of bet in horse racing where the bettor must correctly predict the first and second-place finishers in the correct order.
  • Exchange: A type of betting platform where bettors can bet against each other rather than against a bookmaker.
  • Exotic bets: Complex betting options that involve multiple outcomes or events, such as trifectas or parlays.
  • Expansion: The growth and development of the betting industry, including the expansion into new markets and the introduction of new betting options.
  • Expected value: The estimated value of a bet over time, taking into account the probability of winning or losing and the potential payout.
  • Experience: The knowledge and expertise gained through participating in betting activities over time.
  • Exposure: The amount of money at risk on a particular bet or event.
  • Expression: Refers to the unique style and personality that a bettor brings to their wagers.
  • Extension: Refers to additional time given in certain circumstances, such as a postponed event or a delay in payment.
  • Extra time: Additional time given in some sports events to break a tie or determine a winner.
  • Extrapolation: A statistical term used in sports betting to predict future outcomes based on past performance data. Extrapolation involves extending the trend line of past data to make predictions about future results.
  • Eye appeal: A term used in sports betting to describe a team or athlete that appears to be impressive or visually appealing, even if their actual performance may not be as strong. Eye appeal is often considered in betting decisions, as bettors may be drawn to teams or athletes that have a strong visual presence or impressive reputation.
See also  Betting A-Z: F - The Ultimate Encyclopaedia for All Your Betting Needs
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