What Does It Mean To Fade A Bet?

Last updated:

November 30, 2022
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image featuring a soccer ball and explaining what does fade a bet mean in sports betting

Even if you are not a pro bettor, you surely have heard gamblers talk about a strategy called Fading the public. Although the concept is mainly used in sports gambling, the term has multiple applications and can be used in several areas.

In this article, I will define what fading a bet means and how it works. Let us see whether or not there is strong evidence to back up the efficacy of the strategy.

 

What Does Fade A Bet Mean?

When you Fade, it means you wager against a particular person, team, or market. Typically, if you dislike a bet and wager against it or refuse to place it as it seems a risky situation, you use this term and say I fade a bet. Also, if you are advised to bet on something, you can fade that advice or simply disagree with it. People use the “Fade of the Day” phrase when the trend is betting against a specific person, team, or market.

As I mentioned above, you will mostly see this term in the online sports gambling context. But it is also applied in betting against the caster-first player- in open dice games like Craps. Because if you play outside a casino setting, one of the players should bet against (or fade) every wager you place.

The Fading Craps is a relatively new variant of Craps that is named using this term. The game is also called Die Rich Craps, Open Craps, or Money Craps. This craps variant is played only with one six-sided dice and offers fewer betting options. 

In this game, you should bet with the shooter as there are no don’t come or don’t pass options. This craps variant is more popular among high rollers and for this reason, the majority of players fade to like the game! By the way, Die Rich Craps is usually considered illegal across online and land-based platforms. 

 

Important Gambling Terminology

Before you learn how to fade a bet, you must learn the alphabet of gambling language, if you want to become a high roller. Although there are several words to learn, I mention the bare minimum you must learn. 

Gambling Term Definition
Action Refers to single or multiple bets.
Bad beat This simply means you have lost so bad! It refers to a very tough betting loss. 
Beard Is simply a messenger or runner. In fact, if you bet someone else’s money on behalf of them you are a Beard. 
Board Sportsbooks present all the available betting options, events, and games on a Board.
Chalk eaters Are simply pro favorites. In short, if you like to always bet on big favorites, you are a Chalk eater.
Circled game It refers to a game with reduced betting limits.
Cover If you win against the point spread, it is called Cover.
Dime line This is more a baseball-betting term. It refers to a betting line having a 10¢ straddle.
Exposure Refers to the sportsbook risk margin of losing money on a specific game, result, or proposition. 
Fade Refers to betting against a particular person, team, trend, or market. 
Favorite A team or a player that has a higher odds of winning or bettors consider it as such.
Hedge When you want to reduce your risk or secure some profit, you will bet on the opposite side of your original one. This is called Hedging.
Public Refers to all of the casual bettors as a whole. It is also known as Squares.
Vigorish (or vig) This is the commission that a bookmaker charges on every winning bet.

 

What Does Fade Mean In Football?

When a football manager avoids using a specific player, it means he is fading. Also, if a manager fades players, he removes them all from starting lineups and places them on the bench. 

In general, fading is a common strategy for football managers to minimize the risks of an unpleasant outcome. For example, if a player is recovering from an injury, he is most likely to be faded by the manager-kept on the bench for the first week after his return- because the manager anticipates the player will perform poorly due to the injury and recovery period. So, managers fade players in football to prevent possible failures.

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