Sports betting has become increasingly popular in Thailand, as people enjoy the mix of thrill, excitement, and potential rewards it offers. To help navigate the complex world of sports betting, it's essential to understand the terminologies and jargon that are common to this industry. This guide will provide an overview of some of the most important and commonly used sports betting terms, covering bonuses, prices, and other popular betting concepts. 1. Bonuses - Bonuses in sports betting are rewards offered by bookmakers to attract new customers or to encourage customer loyalty. These bonuses often come in the form of free bets, deposit match bonuses, or cashback offers. For example, a new customer might receive a deposit match bonus, where the bookmaker will match the initial deposit made by the customer, up to a specific amount. 2. Price - In sports betting, the term 'price' refers to the odds or point spread being offered on a particular event or outcome. The odds represent the likelihood of a particular event happening, and they usually take the form of fractional, decimal or money line odds. For instance, if a team is priced at 2.50, the odds suggest that bookmakers believe the team has a 40% chance of winning the game. 3. Proposition Bet - A proposition bet, also known as a "prop bet," is a specific wager on a particular aspect of a game. These unique bets are often creative and may not directly relate to the overall outcome of the event. For example, you might wager on how many points a certain player will score in a particular game, or which team will score the first goal. 4. Money Line Bet - In sports betting, a money line bet is a type of wager where you pick the winner of an event, and the payout is determined by the odds. For events or games with a clear favorite or underdog, the money line may be displayed as a positive or negative number. A positive number (+) represents the amount that will be paid out for a winning bet, while a negative number (-) indicates the amount that must be bet to win $100. 5. Live Betting - Live betting, also known as in-play betting, is a type of wager that can be made while an event is in progress. Instead of settling on pre-event odds, live bettors can choose from new odds and betting options as the game progresses. This form of betting offers new opportunities but also requires rapid decision-making skills and a solid understanding of the game. 6. Parlay - A parlay bet is a wager where multiple selections are made on different events or games. The bettor must win all of the individual selections for the parlay bet to be successful, which can result in large payouts. However, the risk is much higher as even losing one selection means losing the entire parlay bet. Conclusion: Understanding sports betting terms is essential for making informed decisions when it comes to placing wagers. Whether it's betting on team sports, individual athletic events, or even eSports, having an awareness of the commonly used terminologies will help players navigate the often-confusing world of sports betting. From bonuses to prices and proposition bets, mastering these key terms can significantly enhance your sports betting experience and increase your chances of success. So, go ahead and delve into the sports betting universe, armed with new knowledge and confidence!