Sports betting has been a popular pastime in many countries, including Thailand. However, the terminologies used in this industry can be complex and overwhelming for beginners. In this article, we will discuss various sports betting terms used in Thailand and explain their meanings, such as "Even Money," "Exotic," and other essential terms you need to be familiar with to navigate through this industry. 1. "Even Money" - In sports betting, the term "Even Money" is a bet whose odds are 1/1. This means that the bettor will have an equal chance of winning or losing the bet. This type of bet is usually made on a match or game that is considered to be closely balanced, with an equal chance of either team winning. 2. "Exotic" - In sports gambling, the term "Exotic" is used to describe a bet that is not a simple win/lose bet. Instead, it involves multiple outcomes, such as betting on the total number of points scored in a game, the first player to score, or the time it will take for a game to end. These types of bets are more complex and can often have higher payouts. 3. "Bookie" - A bookie, also known as a bookmaker, is a person who accepts bets on a sporting event. Unlike a bookmaker, a bookie does not hold the odds, but instead acts as a middleman and charges a commission for their services. 4. "-110 (Negative Odds)": In sports betting, odds are usually presented in a negative form, such as -110. This means that to win $100, the bettor must risk $110. 5. "+100 (Positive Odds)": Positive odds, indicated by a plus sign, indicate that the bettor will win more money than they bet. For example, if the odds are +100, the bettor will win $100 for every $100 they bet. 6. "Parlay" - A parlay (also known as an accumulator) is a type of bet where the bettor combines multiple bets into a single wager. To win, all bets in the parlay must be correct. 7. "Underdog" - In sports betting, the term "underdog" refers to the team or competitor that is considered less likely to win. Betting on an underdog often offers higher payouts. 8. "Favorite" - The favorite is the team or competitor that is most likely to win. Betting on a favorite typically has a lower payout than betting on an underdog. Thailand, like many other countries, has its unique terminologies and betting customs. However, understanding the basic terminologies used in sports betting, whether it be in Thailand or elsewhere, can greatly enhance your betting experience, helping you to make informed decisions and potentially increasing your chances of success. By familiarizing yourself with these sports betting terms, you can better understand the world of sports betting, make more informed decisions, and potentially increase your chances of winning. Whether you're a seasoned bettor or just starting out, understanding the lingo is a crucial step in your betting journey. Happy betting!