In the vibrant world of sports betting, it's crucial for players to understand the various terms used in the industry. This article aims to provide a thorough understanding of sports betting terms, particularly focusing on some key concepts relevant to the Thai market. 1. Sports Betting Terminology In Thailand, sports betting is not legal, which means that terms such as "Handle" might not be commonly used. However, sports betting terms are universal, and we can still discuss them in the context of sports betting worldwide. 1.1. Over/Under Markets Over/under markets are synonymous with specific games' points, goals, or run totals. In football, for example, if the over/under line is set at 2.5 goals, you can bet on whether the total number of goals scored in the match will be over or under 2.5. 1.2. Bet Acceptance Amount: 'Handle' This sports betting term refers to the total bet value a sportsbook accepts on a single game or sports event. It could also refer to the total handle for a sportsbook, which is the total amount wagered across all games. 1.3. Odds or Point Spread: 'Price' Price is a sports betting term for the odds or point spread. It's what the sportsbook offers for a given bet. In basketball, for instance, a match between two teams might have a spread of 5 points. If you bet on team A to win, they must win by more than 5 points for your bet to be successful. 1.4. Premium Money: 'Sharps Money' Sharps money is placed on opening lines of games or events. In the sports betting world, it refers to bets placed by professional bettors or 'sharps' who are known for their ability to predict outcomes. 2. Popular Sports in Thailand Though sports betting is not legal in Thailand, several sports are popular among the Thai population. These include: 2.1. Muay Thai 2.2. Football/Soccer 2.3. Basketball 2.4. Badminton 3. Role of Players in Thailand's Sports Betting Scene Despite sports betting being illegal, Thai culture is deeply rooted in gambling. This is evident in the popularity of 'underground' or illegal betting rings, where individuals still participate in gambling activities. In these scenarios, players often use slang terms or code words, such as 'Poker' for 'Poker: โป๊กเกอร์', to avoid detection. In conclusion, while sports betting may not be legal in Thailand, the passion for sports and gambling remains strong. Understanding sports betting terms is crucial for Thai sports enthusiasts who might engage in these activities. However, it's important to remember that all forms of sports betting are currently illegal in Thailand and can result in severe consequences if caught.