Betting Glossary

ICB = Inventory Cleaning Bet

Just as it sounds, clean out some skins you really don’t want. Use an ICB in cases where it’s too risky to place anything valuable down, but the odds are so good that even a 40 cent stake could return something big.

The Favourite

The team with the best odds

Underdog

The team with the lowest odds

“Throw”

A clear favourite loses the match resulting in a big payout to any users who put bets on the underdog.

malicious throw occurs when the odds drastically change in the final minutes before betting closes. This is an indication that a large number of bets were switched last minute. In the past this has been related to a tipoff from the favourite in order to make profit. This has become less frequent as the sport becomes more mainstream and many recent throws have resulted in legal action or lifetime bans for players.

“Max Bet”

Most betting platforms for skins have a limited number of slots to place items on a bet. With a “Max Bet” you place the highest amount allowed on the specific match/website. This is a very high risk tactic to maximise the return on a near-certain match. We don’t recommend this approach

“All In”

Placing all of your inventory on a single bet. This is a very high risk tactic to maximise the return on a near-certain match. This is a terrible idea.

Fixed Odds

Once you place your bet, the odds stay at this value.

Stake

This is the amount of money you’re going to place on your bet.

Return

The amount of money you get back when you win a bet. This includes your initial stake.

Profit

This is the money you actually gained from your bet

Profit = Return – Stake

E.g. a $5 bet at 1.5 = $7.50 return ($2.50 profit)

Sway

When somebody attempts to trick individuals into making a bad bet by providing false or heavily exaggerated information in an attempt to gain from it.

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