Altcoins Talks - Cryptocurrency Forum
Wider Crypto World => Gambling & Crypto Casinos => Topic started by: shanz on July 22, 2024, 11:10:01 AM
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Hi everyone, in this post I will explain a betting term for beginners: what does "push" mean in sports betting? I know that expert members will find this explanation basic, but it is meant to help newbies understand some terms that you and I may have ignored when we started playing in the past ;)
That being said, what is a push in sports betting? A "push" occurs when bettors get back their money because they neither win nor lose the bet. Well, The concept is easy to understand. Imagine there's a match between Real Madrid and Barcelona. You place a bet on Real Madrid with a point spread of -1. This means Real Madrid needs to win by more than 1 goal for you to win the bet. Right?
👉 If Real Madrid wins by exactly 1 goal (e.g., 2-1), the result is a "push." Your bet neither wins nor loses, and your stake is refunded.
👉 If Real Madrid wins by more than 1 goal (e.g., 3-1), you win the bet.
👉 If Real Madrid draws or loses, you lose the bet.
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What I know about this is 'draw no bet' which is of slightly higher odd than 'win or draw'. It means if you place a bet on Real Madrid as draw no bet, the gambling site will return the money to you if the match is drawn and no winner. If Real Madrid wins, you take the money. If Real Madrid lose, you will lose the money. I think it is simple to understand this way. There are some different terms in bookies that means the same thing and having the same or almost the same odds.
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This can occur when you pre stake your match and select the games needed, then if any thing suddenly change in affecting the occurrence of the event, you may be refunded, this is mostly rare to see happens, gamblers will also prefer making bet on the games they see the time to playing them were close by, it can also be a loss on many prediction sites and other platforms related to betting because they would have set in for it before realizing things have eventually changed.
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This happens automatically, and it is intrinsic to understand, let me explain, there are several ways, another is when a game is suspended, etc.
It has happened to me with horse betting, it happens a lot there, the bets involved are canceled (Place, win, etc) and the money is refunded.
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But i don't know if many of the gambling platforms were into the practice of the use of Push method on gamblers who places bet, though the policy could have stated it clear on what they needed, some will specifically tells you that they don't make a refund on a bet place, either won or not, if a bet is canceled, you may have to rebook your ticket on another game instead of getting refunded back.
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I think this happens when the bettor predicts that the team wins or looses and alternatively predicted that the end of the game would be summed on a totality of goals which could also be a draw (tie)
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But i don't know if many of the gambling platforms were into the practice of the use of Push method on gamblers who places bet, though the policy could have stated it clear on what they needed, some will specifically tells you that they don't make a refund on a bet place, either won or not, if a bet is canceled, you may have to rebook your ticket on another game instead of getting refunded back.
I think the "Push" is there in sport bet and specifically football. As he the Op said, when you placed the bet on Real Madrid with -1 and that means they have to win the game with more 1 goals. This is practice almost all the football betting unless the casino is new to the industry and still on the development stage.