What Does Fade Mean in Betting: A Comprehensive Guide to Understanding Fading
In sports betting, “fade” is a term used to describe betting against a particular team or player. For example, if you think that a team is overrated or not worthy of being the betting favorite, you might choose to “fade” them by placing a bet on their opponent. By doing so, you are essentially betting that the underdog will win and thus putting yourself in the position to cash in on big wins.
For instance, using an NBA betting example, imagine a match-up between the Boston Celtics and the Chicago Bulls. The Celtics are riding a three-game winning streak, while the Bulls have lost their last three games. In this scenario, it’s likely that the majority of wagers will be placed on the Celtics to win. However, by betting against the consensus and wagering on the Chicago Bulls, you can capitalize on the high potential payouts that come with fading the popular choice.
Obviously, “fading” can be a risky strategy, as there is always a chance that the team you are betting against may end up winning the game or covering the spread. However, it can also be a profitable strategy if you have done your research and have a good understanding of the teams or players involved.