Sports Betting Terminology
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Below is a list of sports betting terms, definitions and slang words.
Action: A wager of any kind and the total amount of money being wagered on any game. In baseball wagering, this means placing a bet regardless of the listed pitchers.
ATS: “Against the Spread”. The outcome of using a point spread. Ex. The Giants were a -7.5 favorite to win and actually won the game by 8. This means they won “against the spread”.
Bankroll: The total amount of money the bettor plans to gamble with.
Betting syndicates are groups of sports bettors, usually skilled handicappers, who combine their knowledge, resources, bankrolls, systems and strategies to bet as much money as they can with the biggest edges possible. A popular sports bet, over/under refers to betting on how many combined total points both teams will score. The casino sets the line and you have the option of betting that the score will be higher (over) or lower (under). Click here for our guide to betting over/under totals. VSiN, The Sports Betting Network, has you covered with this list of terms to improve your betting IQ. Action - A bet or wager. Against the spread - The result of a game including the point spread.
Bet: Any wager that is risked on the outcome of any sporting event or any event for that matter.
Buck: A $100 bet.
Chalk: A team or player that is favored to win.
Chalk Player: A player who mostly wagers on favored teams and rarely bets on underdogs.
Circled Game: A game where the maximum bet is reduced and cannot be included in parlays or teasers. Betting action is limited due to uncertainties of key injuries, weather conditions or rumors regarding a team.
Cover: To win a bet against the point spread.
Daily Double: A horse racing wager where a player must pick the horses to win in each of two designated races.
Dead Heat: When two horses finish in a tie.
Dime bet: A $1000 wager.
Dog: The team or player predicted to likely lose a game or matchup. The dog always has a + sign on lines and point spreads. Also known as the underdog.
Dog Player: A bettor who usually bets on underdogs.
Dollar Bet: A $100 wager.
Double Action: An “if bet” that is processed if the precedent bet wins, ties or cancels.
Edge: An advantage.
Even Money: A wager on which neither side lays any juice or vigorish. The odds are even for both teams.Sports Betting Terminology
Exacta: The first two horses to place in a race.
Exotic Wager: A bet such as first half, second half, futures, run lines or money line wagers.
Exposure: The amount of money the bookmaker will risk losing on a game or race.
Favorite: The team or player expected to win an event. The odds reflect the extent to which the choice is favored.
First Half Wager: A bet placed on only the first half of a game.
Furlong: A unit of distance used in horse racing equal to 1/8 of a mile or 220 yards.
Futures: Odds posted on an event or outcome taking place some time in the future, such as the Super Bowl, World Series, the Stanley Cup and the NBA Championship.
Gross Win: The amount of winnings before subtracting the expenses.
Grand Salami: The grand total of goals scored in all hockey games of the day. It can be wagered to go Over or Under the total.
Half Time Bet: A bet placed only on the second half of the game. ( Includes Overtime).
Handicapper: One who handicaps, studies, rates and wagers on sporting events or horse races.
Handicapping: Studying and predicting the outcome of sporting events.
Handle: The total amount of bets taken.
Hedging: Placing a bet on the opposite side in order to cut losses or guarantee a profit from the same previous wager.
Hold: The percentage the house wins.
Hook: A half-point in pointspreads.
Hot Game: A game that draws a significant amount of action on one side by professional handicappers.
Juice: The bookmaker’s commission, also known as vigorish.
Laying points: Betting the favorite by giving up points.
Laying the price: Betting on the favorite by laying moneyline odds.
Limit: The maximum amount a bookmaker will allow you to bet before he changes the odds and/or the points.
Lines: The current odds or pointspread on any particular sporting event.
Linemaker: The person who establishes the original and subsequent betting lines.
Listed Pitchers: When betting on baseball, a wager placed that pitchers scheduled to start a game, actually start. If they don’t, the bet is voided.
Lock: A sure winner.
Longshot: A team or horse unlikely to win or have a chance at winning.
Middle: To win both sides of the same betting proposition. Betting the favorite team at -2 1/2 with one sportsbook and then taking +3 1/2 with another one. The game ends up with the favorite winning by exactly 3 points, you have then “middle the game”. A favorite betting method of “wise guys”.
Moneyline: Odds expressed in terms of money. The amount you must bet to win 100 in favorites or the amount you win on underdogs. Whenever there is a (-) minus you lay that amount to win a hundred dollars, where there is a plus (+) you receive that amount for every hundred dollars wagered.
Move The Line: A player pays an additional price to receive a half-point or more in his favor on a pointspread.
Nickel: A $500 wager.
Nickel Line: A line where the juice is 5%.
No Action: A bet in which no money is won or lost. A cancelled or voided wager.
Off the Board: A game on which bets are no longer accepted.
Official Lines: The line that the sports books use for wagering purposes.
Overlay: When the odds of a given propositon are more in favor of the bettor than the house.
Over/Under: The combined scores of both teams competing in a game being wagered on. Betting whether the total score will be over or under the expected posted total.
Parlay: A single bet including two or more teams in which all teams must win or cover for the bettor to win and receive higher payouts.
Perfecta: In horse racing, a wager in which the player selects the two horses in a race to finish in 1st and 2nd places in exact order.
Pick’em Game: A game which neither team or betting option is the favorite. Also called a “pick”.
Place: A horse racing wager in which a horse finishes first or second.
Pleasers: A pleaser is a group of NFL side straight bets combined into one bet.
Pointspread: The handicap, or head start, which the favorite gives to the underdog for betting purposes.
Press: To bet or wager a larger amount than usual.
Price: The odds or pointspread.
Push: A pointspread that ties or combined scores of the two teams that tie the total.
Proposition Bet: A wager on a particular aspect of a game, such as how many touchdowns will be scored, etc.
Quinella: In horse racing, a wager in which the player selects the two horses in a race to finish in 1st and 2nd places in any order.
Reverse: In horse racing, to ask for a second exacta wager which specifies two horses in reverse order of the first exacta wager.
Round Robin: A series of three or more teams in 2-team parlays.
Run Down: A line update. All the lines for a specific date, sport, time, etc.Sports Betting
Run Line: In baseball, a spread used instead of a moneyline. Usually set at 1 either way.
Scratch: In horse racing, a horse that has been withdrawn from a race before the start. Wagers on this horse are voided.
Show: A horse racing bet in which you collect if the horse finishes first, second or third.
Sides: The names of the two teams playing: the underdog and the favorite.
Sided: When one side of a betting proposition wins and opposite side ties.
Single: A bet on a single result or outcome.
Single Action: An “if bet” that is processed only if the precedent bet wins.Understanding Sports Betting Terminology
Spread: An abbreviated form or another word for a point spread.
Square: Unsophisticated or unknowlegable gambler.
Straight Bet: A bet on one team or player.
Taking the points: Betting on the underdog and taking the advantage in the point spread.
Taking the price: Betting an underdog and accepting money odds.
Teaser: A bet on two or more teams where the line on each team is adjusted in the favor of the bettor by a fixed number of additional points. Like a parlay bet, all selections must be correct for the teaser to win.
Ticket: Any Wager.
Total: The combined number of points scored by both teams during a game, including overtime.Sports Betting Terminology Wikipedia
Totals Bet: A bet in which the bettor speculates that the total score of both teams will be more or less than the line posted.
Trifecta: A horse racing bet in which a player selects three horses in one race to finish first, second and third in exact order.
Under: A bet in which the total points scored by two teams will be under a certain amount.
Underdog: The team perceived to likely end up losing. The team given points in a pointspread.
Value: Getting the best available odds on a betting proposition.
Vigorish: The commission paid to the sportsbooks.
Wager: Any bet.
Wise Guy: A well-informed and knowledgeable handicapper or bettor.
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Below is a list of sports betting terms, definitions and slang words.
Action: A wager of any kind and the total amount of money being wagered on any game. In baseball wagering, this means placing a bet regardless of the listed pitchers.
ATS: “Against the Spread”. The outcome of using a point spread. Ex. The Giants were a -7.5 favorite to win and actually won the game by 8. This means they won “against the spread”.
Bankroll: The total amount of money the bettor plans to gamble with.
Betting syndicates are groups of sports bettors, usually skilled handicappers, who combine their knowledge, resources, bankrolls, systems and strategies to bet as much money as they can with the biggest edges possible. A popular sports bet, over/under refers to betting on how many combined total points both teams will score. The casino sets the line and you have the option of betting that the score will be higher (over) or lower (under). Click here for our guide to betting over/under totals. VSiN, The Sports Betting Network, has you covered with this list of terms to improve your betting IQ. Action - A bet or wager. Against the spread - The result of a game including the point spread.
Bet: Any wager that is risked on the outcome of any sporting event or any event for that matter.
Buck: A $100 bet.
Chalk: A team or player that is favored to win.
Chalk Player: A player who mostly wagers on favored teams and rarely bets on underdogs.
Circled Game: A game where the maximum bet is reduced and cannot be included in parlays or teasers. Betting action is limited due to uncertainties of key injuries, weather conditions or rumors regarding a team.
Cover: To win a bet against the point spread.
Daily Double: A horse racing wager where a player must pick the horses to win in each of two designated races.
Dead Heat: When two horses finish in a tie.
Dime bet: A $1000 wager.
Dog: The team or player predicted to likely lose a game or matchup. The dog always has a + sign on lines and point spreads. Also known as the underdog.
Dog Player: A bettor who usually bets on underdogs.
Dollar Bet: A $100 wager.
Double Action: An “if bet” that is processed if the precedent bet wins, ties or cancels.
Edge: An advantage.
Even Money: A wager on which neither side lays any juice or vigorish. The odds are even for both teams.Sports Betting Terminology
Exacta: The first two horses to place in a race.
Exotic Wager: A bet such as first half, second half, futures, run lines or money line wagers.
Exposure: The amount of money the bookmaker will risk losing on a game or race.
Favorite: The team or player expected to win an event. The odds reflect the extent to which the choice is favored.
First Half Wager: A bet placed on only the first half of a game.
Furlong: A unit of distance used in horse racing equal to 1/8 of a mile or 220 yards.
Futures: Odds posted on an event or outcome taking place some time in the future, such as the Super Bowl, World Series, the Stanley Cup and the NBA Championship.
Gross Win: The amount of winnings before subtracting the expenses.
Grand Salami: The grand total of goals scored in all hockey games of the day. It can be wagered to go Over or Under the total.
Half Time Bet: A bet placed only on the second half of the game. ( Includes Overtime).
Handicapper: One who handicaps, studies, rates and wagers on sporting events or horse races.
Handicapping: Studying and predicting the outcome of sporting events.
Handle: The total amount of bets taken.
Hedging: Placing a bet on the opposite side in order to cut losses or guarantee a profit from the same previous wager.
Hold: The percentage the house wins.
Hook: A half-point in pointspreads.
Hot Game: A game that draws a significant amount of action on one side by professional handicappers.
Juice: The bookmaker’s commission, also known as vigorish.
Laying points: Betting the favorite by giving up points.
Laying the price: Betting on the favorite by laying moneyline odds.
Limit: The maximum amount a bookmaker will allow you to bet before he changes the odds and/or the points.
Lines: The current odds or pointspread on any particular sporting event.
Linemaker: The person who establishes the original and subsequent betting lines.
Listed Pitchers: When betting on baseball, a wager placed that pitchers scheduled to start a game, actually start. If they don’t, the bet is voided.
Lock: A sure winner.
Longshot: A team or horse unlikely to win or have a chance at winning.
Middle: To win both sides of the same betting proposition. Betting the favorite team at -2 1/2 with one sportsbook and then taking +3 1/2 with another one. The game ends up with the favorite winning by exactly 3 points, you have then “middle the game”. A favorite betting method of “wise guys”.
Moneyline: Odds expressed in terms of money. The amount you must bet to win 100 in favorites or the amount you win on underdogs. Whenever there is a (-) minus you lay that amount to win a hundred dollars, where there is a plus (+) you receive that amount for every hundred dollars wagered.
Move The Line: A player pays an additional price to receive a half-point or more in his favor on a pointspread.
Nickel: A $500 wager.
Nickel Line: A line where the juice is 5%.
No Action: A bet in which no money is won or lost. A cancelled or voided wager.
Off the Board: A game on which bets are no longer accepted.
Official Lines: The line that the sports books use for wagering purposes.
Overlay: When the odds of a given propositon are more in favor of the bettor than the house.
Over/Under: The combined scores of both teams competing in a game being wagered on. Betting whether the total score will be over or under the expected posted total.
Parlay: A single bet including two or more teams in which all teams must win or cover for the bettor to win and receive higher payouts.
Perfecta: In horse racing, a wager in which the player selects the two horses in a race to finish in 1st and 2nd places in exact order.
Pick’em Game: A game which neither team or betting option is the favorite. Also called a “pick”.
Place: A horse racing wager in which a horse finishes first or second.
Pleasers: A pleaser is a group of NFL side straight bets combined into one bet.
Pointspread: The handicap, or head start, which the favorite gives to the underdog for betting purposes.
Press: To bet or wager a larger amount than usual.
Price: The odds or pointspread.
Push: A pointspread that ties or combined scores of the two teams that tie the total.
Proposition Bet: A wager on a particular aspect of a game, such as how many touchdowns will be scored, etc.
Quinella: In horse racing, a wager in which the player selects the two horses in a race to finish in 1st and 2nd places in any order.
Reverse: In horse racing, to ask for a second exacta wager which specifies two horses in reverse order of the first exacta wager.
Round Robin: A series of three or more teams in 2-team parlays.
Run Down: A line update. All the lines for a specific date, sport, time, etc.Sports Betting
Run Line: In baseball, a spread used instead of a moneyline. Usually set at 1 either way.
Scratch: In horse racing, a horse that has been withdrawn from a race before the start. Wagers on this horse are voided.
Show: A horse racing bet in which you collect if the horse finishes first, second or third.
Sides: The names of the two teams playing: the underdog and the favorite.
Sided: When one side of a betting proposition wins and opposite side ties.
Single: A bet on a single result or outcome.
Single Action: An “if bet” that is processed only if the precedent bet wins.Understanding Sports Betting Terminology
Spread: An abbreviated form or another word for a point spread.
Square: Unsophisticated or unknowlegable gambler.
Straight Bet: A bet on one team or player.
Taking the points: Betting on the underdog and taking the advantage in the point spread.
Taking the price: Betting an underdog and accepting money odds.
Teaser: A bet on two or more teams where the line on each team is adjusted in the favor of the bettor by a fixed number of additional points. Like a parlay bet, all selections must be correct for the teaser to win.
Ticket: Any Wager.
Total: The combined number of points scored by both teams during a game, including overtime.Sports Betting Terminology Wikipedia
Totals Bet: A bet in which the bettor speculates that the total score of both teams will be more or less than the line posted.
Trifecta: A horse racing bet in which a player selects three horses in one race to finish first, second and third in exact order.
Under: A bet in which the total points scored by two teams will be under a certain amount.
Underdog: The team perceived to likely end up losing. The team given points in a pointspread.
Value: Getting the best available odds on a betting proposition.
Vigorish: The commission paid to the sportsbooks.
Wager: Any bet.
Wise Guy: A well-informed and knowledgeable handicapper or bettor.
Register here: http://gg.gg/oq4yi
https://diarynote.indered.space
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