Risk free bet
A risk free bet is a bet which if lost will be paid back to the player, these can come in many varieties and they usually involve a wagering requirement.
Surebetting is when you place a sure bet which means that you bet on all outcomes of a game giving you a guaranteed profit margin.
A free bet is a bet of x set amount of currency which is given for free by the bookie.
A bonus which is given in conjunction with a deposit, the bookie will match the deposit to a set %, be sure to read the terms before accepting any bonus. See our sports bonus page for a complete list of bonuses.
No deposit bonus
A bonus which is given for free and like the deposit bonus it will come with a wagering requirement. Again be sure to read the terms of agrement before you play.
A handicap bet is usually played - or + for a team, for example you can play Real Madrid - 2, which means that Real Madrid would start the game at -2-0 and needs to be ahead at least 3 goals to win (2 would be a tie)
Sports betting in a live envoirment which lets you bet on a game during the game, this is a great way to beat the system if you bet smart.
Asian handicap 0 / Draw no Bet
Asian handicap 0 and draw no bet means the same thing and that´s simply if you bet on a team to win with this handicap and the game goes to a draw then you get your stake back.
Asian handicap 0, +0.5
This bet is a "three-way" bet, if your team wins then you will win like normal, but if the game ends in a draw then you will get half your stake back and half of your stake will be put on a win (hence +0.5 goals)
Asian handicap 0, -0.5
This bet is a "three-way" bet, if your team wins then you will win like normal, but if the game ends in a draw then you will get half your stake back and half of your stake will be put on a loss (hence -0.5 goals)
When you place a moneyline bet it means that all overtime and penalties are included (The bet cant end in a draw). The Viking strongly recommends this, especially if you are betting on the NHL.
Betting on E-sport (Electronical sport) matches. Games include: League of Legemds, Counter strike GO, Dota 2 and Starcraft 2. See our E-sports betting page for further information.
Betting on finances, for example when the price of a non renewable resource rises and with how much.
Over/under betting allows you to bet on a certain statistic to go over/under. The most common bet is to play on the score of a game to go over/under x amount of goals. This can be used in most sports such as soccer, ice hockey, basketball and tennis.
Bonus trading works in a similiar way of surebetting and allows you to get guaranteed profit with minimal risk.
A betting spreadsheet is a spreadsheet of all of your bets and allows you to analyze your plays and monitor your bankroll. This can easily be done in excell, read more about the advantages of betting spreadsheets on our bankroll management page.
A banker bet is a bet with minimal risk typically on a prehand favourite. The viking lists the weeks best and safest banker on our sportsbettingblog.
A value bet is a bet where the odds are obviously overvalued by the bookmaker. You can gain several hundreds of percentual value on underdogs from time to time.
Below you will find a list of some of the most commonly used words and terms in the world of sportbetting. The viking always wants to make sure that new sportsbetting gamblers know what they are getting themself into before they start betting, for example do you know what an asian handicap is?
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We are proud to present such an exclusive offer and if you have no knowledge of what arbitrage betting is then we suggest that you take a look at our Surebetting category for a complete guide of how surebetting works. To read the viking's full review of OddStorm click here.
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Banker of the week
The new Champions league season is upon us and with it comes a lot of interesting oppurtunities for some sports betting action.
In light of this we have compiled a special article where we've previewed all the teams and posted our predictions on how the group stages will end and potential winners of the 16/17 season. Check out our Champions league 16/17 preview & predictions here.
The Vikings bonus of 2017
The viking's bonus of 2016 is from the well known us friendly sportsbook and casino Bovada.
Bovada is run by the betting partners group and offers both a generous 100% casino bonus and a good sports bonus.
The betting partners group also run several other casinos with generous no deposit bonuses which you can find here at our us friendly casino page.
Some bookmakers on the online market possesses qualities out of the ordinary and stands out for certain reasons.
“Better to fight and fall than to live without hope”
Volsunga Saga, Chapter 12