Betting Glossary

10 Cent Line – The money line difference (10 cents) between what a bettor would lay with the favorite or take back with the underdog; see Dime Line

20 Cent Line – The money line difference (20 cents) between what a bettor would lay with the favorite or take back with the underdog
Across The Board – A method of wagering on a horse to win, place and show
Action – A wager of Any Sort Bad Beat – Tough Loss
Beard – Messenger bettor
Buck – $100
Chalk – Favorite
Circled Game – Game where action is limited due to uncertainties about weather, injuries, etc..
Cover – Win by more than the pointspread
Dead Heat – When two horses finish in a tie
Dime – $1000
Dime Line – Slang used to designate the 10 cent money line. The money line difference (10 cents) between what a bettor would lay with the favorite or take back with the underdog; see 10 Cent Line.
Dog – Underdog
Dollar – $100
Double Header – 2 separate baseball games played on the same day for the Exact Same two teams
Edge – Advantage
Even Money – A wager on which neither side lays any odds or vigorish
Exotic Bet – Action other than a straight bet or parlay
Exposure – The amount of money one actually stands to lose on a game or race
Favorite – The contestant in any given contest that is considered the most talented, or has the best chance to win the competition Final Four – Final four teams in the NCAA basketball championship Firing – Betting a lot. A participant who is“firing“ is wagering large sums
„Foots“ – Slang word used occasionally for football Futures – Wagers made, or lines/odds posted on an event or outcome taking place some time later on, e.g. betting during the season on the SuperBowl winner.
Get Down – Make a bet
Grand Slam – The four major tennis tournaments: Wimbledon, Australian Open, French Open, U.S. Open. Also the four Big golf tournaments: The Masters, U.S. Open, British Open, PGA Championship (Professional Golf Association). Also in baseball, a homerun with the bases loaded, scoring four runs.
Grand Salami – A slang word for its over/under total for the combined score of All of the hockey contests on the schedule for that day
Halftime Line – A line on only the first half, or only the second half scoring of a football or basketball game
Handicapper – One who studies sports and predicts outcomes
Hedge – Bet the opposite of your original wager so as to reduce the amount of exposure You’ve Got on a game
Hook – Half point in pointspreads
„Hoops“ – Slang word used to indicate the game of basketball
Home Field Advantage – Edge the home team is expected to possess as a result of familiarity with the playing area, favorable demographics and effect of travel on the visiting team
Hoops – Basketball
Hot Tip – Information the bookmaker Isn’t yet privy to
IBF – International Boxing Federation
Juice – Bookmaker’s commission, most often refers to the 11 to 10 football bettors lay on straight wagers. Also known as vigorish.
Lay The Points – A wager on a favorite in a pointspread contest Lay The Price – A wager on a favorite in a moneyline contest
Limit – Maximum bet accepted by the house before the price will probably be shifted Line – The moneyline, odds, or pointspread of any given contest Listed Pitcher (LP) – The pitcher or pitchers listed by Las Vegas oddsmakers as probable starting pitchers for a scheduled baseball game
Lock – Easy Winner
Longshot – Large underdog
Middle – To win both sides of a game. For instance, if you bet the underdog +3 1/2 and the favorite -2 1/2 and the favorite wins by 3, you’ve middled the book. The book has been middled.
MLB – Major League Baseball
Moneyline – The amount you must bet to win 100 or the amount you win if you bet 100
MVP – Most Valuable Player. Leagues give MVP Awards to the best regular-season as well as the outstanding player in championship games or series
NBA – National Basketball Association
NCAA – National Collegiate Athletic Association
Neutral Site – Arena, court or field where neither side has a home field advantage
NFL – National Football League
NHL – National Hockey League
Nickel – $500
NIT – National Invitational Tournament
Off The Board – Game where no bets are being accepted
Over/Under – A bet on whether the combined amount of this points/goals scored by the two teams will exceed or be less than a predetermined number Overlay – When the odds on a proposition are in favor of the bettor rather than the house
Overtime – The continuance of a contest That’s tied in the end of regulation time until a winner is determined and the maximum number of overtime periods have expired
Parlay – A bet with two or more teams where all the teams must win for the bettor to be successful
Past Post – To make a bet after an event has started
Penny Line – A money line that is adjusted in increments of a penny, or one cent at a time
Select or Pick’em – A game where neither team is favored
Player – Bettor, gambler
Pointspread – The handicap, or head start, which the favorite gives to the underdog for betting purposes
Press – To bet a larger amount than usual Price – The moneyline odds on the favorite of a given match
„Pucks“ – A slang word used to signify the game of baseball Puppy – Underdog
Push – A tie between the bettor and the bookmaker that is the result of the score of an event falling exactly on the pointspread number, or the total points number
Out – A contest That’s Been canceled because of bad weather
Round Robin – A series of parlays. A three-team round robin consists of one three-team parlay and three two-team parlays
Rundown – Line update
Runner – Messenger bettor; visit blossom Ryder Cup – A golf tournament between American and European players who is staged every two Decades Scalper – One who attempts to profit from the differences in odds from book to book by betting both sides of the same game at different prices
Score – To win a lot of cash Scratch – Withdraw; cancel
Sharp – Wise guy
Side – To win one side and tie the other. For instance, in the event that you lay -2 1/2 and take 3 on the identical game and the favorite wins by 3 you have sided the book. The book has been sided.
Negative Bet/Side Wager – A wager on a particular team, or side, to win a competition Soft Line – A wagering line that is not current with the true posted line. A line that has been adjusted or moved as a result of action and doesn’t reflect the true line as posted.
Spread – An abbreviated form of pointspread
Stanley Cup – NHL Championship
Steam – When a betting line starts to move quite rapidly. Most“steam games“ do not necessarily reflect the“right side“, but are games that the mass of bettors somehow decide to key on

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