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Sometimes this happens when an organized group of professionals are taking advantage of a weak line but it can also happen when most of the general public is betting the same way. A straight up bet means you just need the team to win the game outright as opposed to covering a point spread.
Straight up usually refers to betting the money line. The opposite of laying the price or laying the odds. Taking odds means your betting on the underdog and accepting favorable money odds. Knowing the language is about more than just fitting in and sounding cool, however. A Accountant Slang for a bookmaker. Accumulator Another name for a parlay wager in which multiple bets are bundled together. Across the Board In horse racing , betting across the board refers to placing equal bets on a horse to win, place and show.
Action Having money riding on a bet. American Odds A style of expressing money odds most commonly used in the US. Arbitrage Arbitrage is a clever betting strategy that takes advantage of different betting lines at different sportsbooks.
B Backdoor Cover When a team is trailing the point spread by scores enough points late in the game to cover the spread. Backer Someone who is bankrolling a gambler from behind the scenes. Beard Someone who places a wager on behalf of someone else. Betting the Limit Wagering the maximum amount allowed by the casino or sportsbook. Betting Ring An organized group of professional gamblers working together.
Also called a syndicate. Betting Line The odds or point spread on a game or event. Bonus A special offer or promotion offered by a sportsbook where they give potential customers a free bet or bonus cash in order to entice them to sign up. Book A slang word for bookmaker or sportsbook. Bookie A person who takes bets. Bookie usually refers to an illegal bookmaker. Bust Going broke, bankrupt, losing your bankroll. Buying Points Sometimes gamblers are allowed to change the lines and odds set by the sportsbook.
C Canadian Line A combination of the point spread and the money line in hockey. Closing Line The official betting line set on a game or event before it begins. Consensus Pick Consensus pick refers to how the betting public as a group have placed their bets on a game. Cooler Someone who is thought to be bad luck. D Data Mining The practice of analyzing a large number of statistics in the hopes of discovering information that can help predict outcomes and performance.
Degenerate Someone with a gambling problem. The team that is predicted to lose. Double Action A bet that only plays if another connected bet that precedes it wins, ties or gets canceled. Dual Forecast A bet used in horse and motor racing whereby three racers are selected.
E Edge The advantage, real or perceived, that the gambler or the casino has on winning a bet. Exotic A special category of proposition bets that rely on specific outcomes other than which team wins the game. Exposure The total amount of money a sportsbook or casino stands to lose on a game or event. F Favorite The player or team that is deemed more likely to win. Figure The amount owed either by or two a gambler or sportsbook.
Fixed A game is said to be fixed if the outcome has been determined or influenced by unfair factors. Futures Bet A kind of proposition bet, a futures bet is usually made at the beginning of the season on which team will win the division or championship. H Halftime Bet Most commonly found in basketball and football, halftime bets are made after the first half has ended but before the second half has begun.
Handicapper Someone who predicts the odds of which team will win. Handle The total amount of money wagered on a game or event with a specific casino or sportsbook. Hedging Betting against your original bet in order to moderate your risk or guarantee a profit. High Roller Someone who makes lots of big bets. Hook Half a point in a point spread. J Juice Another name for the commission on bets charged by the casino or sportsbook.
Laying the Odds When you make a moneyline bet on the favored team you must accept worse money odds, known as laying the odds. Layoff When a sportsbook makes its own bets with another casino or sportsbook in order to moderate its own risk. Limit The amount the casino or sportsbook will let you bet. Listed Pitchers A bet on baseball that only plays if both of the scheduled starting pitchers end up starting the game.
Teaser Two-Team Teaser Teasers allow you to combine your bets on more than one game and even adjust the point spreads in favor of the teams you want to win. Total Points Total The combined total points of both teams when the game finishes. Longshot A bet that is unlikely to win but has a big payout.
M Mark Another name for a sucker. Money Line Betting the money line just means betting on which team will win the game outright. Moving the Line The same as buying points, this refers to when a gambler can trade better money odds for an extra half-point on the spread. N Nassau A special golf bet that includes wagers on the front nine, the back nine and the entire match. Nickel Line A bet that has a 5 percent commission vig.
No Action A bet that is canceled for any reason with the wager being fully refunded. O Odds The chances of winning assigned to each team by a casino or sportsbook, often represented by the different payouts you get for winning bets. Off the Board When a casino or sportsbook removes a betting line or option shortly before the game begins.
Outlaw Line The earliest line set for a game or event which is only open to an exclusive group of gamblers. P Parlay These are special bets that include two or more different wagers, usually on multiple games. Press Pressing your bet means betting more than your normal amount. Price Another name for the odds or point spread. Puckline Puck Line In hockey, the puckline combines a 1. Punter A gambler. Punter often implies the bettor is a recreational gambler and not a professional.
Push Another name for a tie. R Risk-Free bet This term refers to when a registrant signs up with a sportsbook and places their first bet. Runner A person who makes a bet on behalf of someone else. Also called a beard. Runline Run Line A Sharp A professional gambler.
Spread Another way to say point spread. Square An inexperienced, recreational gambler. Steam Slang for when a betting line is moving up because lots of bets are being made on it. Store Slang for a sportsbook or casino that offers sports gambling.
Straight Up Winner A straight up bet means you just need the team to win the game outright as opposed to covering a point spread. Syndicate An organized group of professional gamblers working together, also called a ring. Taking the Price Taking Odds The opposite of laying the price or laying the odds.
Ticket A bet or wager. Trends Analyzing past statistics to try to predict future outcomes. U Underdog The team that is predicted to lose the game. V Value Your equity or edge on a bet. Usually used to refer to particularly good lines or odds. Death and taxes are the only true locks in life. Longshot: A perceived inferior side that is also known as an underdog.
Longshot prices are always displayed as positive prices. Masters Tournament: First of four major Grand Slam golf tournaments. Middle : Cashing tickets on both sides of a betting option. Bettors have an opportunity to middle when a point spread moves up or down prior to a match. The MLB draft is five rounds and most of the players selected will be assigned to minor league teams. Moneyline : A straight up bet, without any point spread, where bettors need to predict the outright winner. Multiple bets: Same as parlay, multiple bets are a single wager that consists of at least two sides on a single ticket.
All sides must win or push to cash winning multiple bets. MVP: Player honored as most valuable to their team during the regular season or playoffs. Wagering on who will be named the Most Valuable Player is a popular futures betting option in professional sports.
Nap: Similar to a lock, a nap is a handicappers suggested best bet on a daily betting card. No action: Betting options cancelled by a bookmaker are graded as no action. Original stakes are returned to bettors. Novelty bets: Prop and special betting options that are wagers beyond standard moneyline, point spread and game total odds. Team and player propositions are the most common novelty bets. Odds: Betting lines set by a bookmaker on a variety of events.
Oddsmaker: Same as a linemaker, a person or group that sets daily betting lines and prices. Odds on favorite: One side that is viewed as far superior to the other and is priced with odds that offer very little value. Odds shopping: Reviewing the lines at a variety of sportsbooks in order to find the best priced odds. An injury to a star player may cause bookmakers to pull odds off the board. Outright betting: Predicting the overall winner of a tournament or playoff competition.
Over bet: Opposite of an Under bet on game total options. Bettors need to determine if the combined scores of both teams will go over or remain under the number. Also known as game total odds. Parlay : A single bet, also known as an accumulator or multiple, that consists of two or more sides. Each side must win to produce a winning ticket. Parlay banker: Forming the base of a parlay wager, a banker is a favorite side to which other sides are added.
Payout: The amount a bettor collects on a winning wager. When a wager is placed, the possible payout on a betting receipt usually includes the original stake. Held in late May at various courses across the United States. Point spread : Odds posted on a match that are designed to level the playing field. Favorites are listed with a negative Post time: Scheduled start time of a race. Power rankings: A ranking system that uses a variety of criteria to grade teams, in a specific league, from the best to worst.
Preakness Stakes: Second jewel in the Triple Crown of thoroughbred racing. Proposition bet: Often shortened to prop bet, proposition bets are exotic or special wagers that are offered on most sporting events. NFL Super Bowl prop betting options number in the hundreds.
Proxy : A proxy is an individual, or a group of individuals, who place bets for other people. The term is most commonly associated with people who submit picks for non-Las Vegas residents that are involved in season-long sports pools like the Westgate Las Vegas SuperContest. Puck line: Point spread pricing in hockey. Prior to a match, the favorite is normally posted at Push: Any wager where the final result is a tie. If a basketball spread is 11 points and the final score is spread bets on both teams are graded as a push and original stakes are returned.
Quarter Bet : Any wager placed prior to or during any quarter of a sporting event. Prior to an NBA game, Boston may be a LIVE betting odds will change often as the first 12 minutes of the match play out. Recreational Bettor: A player that bets infrequently or on major sporting events only.
Rec player bets are counted as public money. Opposite of a sharp or professional bettor. Rotation Number: A number assigned by bookmakers to every betting option on the board. Bettors use the rotation number when placing a bet, rather than team names, at betting windows at land based sportsbooks.
ROY: Honors the top first year player in most professional sports leagues. Wagering on which player will be named the Rookie of the Year ROY is a popular futures betting option. Run Line: Point spread pricing in baseball.
Prior to a game the favorite is normally posted at Second half bet: Any wager that focuses on the outcome of the second half of any competition. Bettors can place wagers before the second half begins or make live bets once the match resumes. Selke Trophy: Awarded to a forward not a defenseman or goaltender with the best defensive skills during the NHL regular season. Sell points: Bettors can sell points by using alternate point spreads and game totals.
In football, if a player moves a line from Juice becomes more favorable for the bettor with each point sold. Sharp: A professional sports gambler who uses vast resources to determine their wagers. Sharps look at the big picture and base their bets on knowledge. Pro bettors always shop around for the best prices and will bet on favorites or underdogs when they receive proper value.
Special: Similar to prop and exotic wagers, special bets are added to a competition beyond the more common moneyline, game total and spread betting options. The Rams need to defeat the Giants by at least eight points to cash a winning ticket.
Bettors lay the spread with favorites and take the spread with underdogs. Sportsbook : A free standing shop, or in dedicated space at land based casinos, sportsbooks have become popular meeting spots for bettors and sports fans alike.
Sportsbooks accept bets on US events, plus action from around the globe, and provide giant screens for bettors to watch the action play out. Square: Another term for a novice or recreational player and the opposite of a sharp or professional bettor.
Stake: The amount of money a bettor risks when placing a bet. Original stakes are returned on all winning wagers and many bets that are graded as a push. Staking method: Differs from bettor to bettor. Some players set maximum stake limits on each bet they place while others use a bankroll percentage as their stake.
Steam : Odds that change quickly usually due to a large amount of betting action by sharp bettors or syndicates. Straight bet: A single wager on moneyline, spread or game total betting options. Syndicate: A group of bettors that pool funds and use their combined knowledge to bet on events. Syndicates will often wager large amounts to move a line and then place an even larger bet on the new price they helped create.
Taking points: A bet placed on an underdog side. Tickets cash is the Nationals win outright or lose by one run. Teaser odds : Any line moved up or down by a bookmaker to entice tease bettors. Players can tease odds on a single game by using alternate lines. They can also place a parlay bet from a teaser card issued by a sportsbook.
Teaser Card: A daily list of all games, from one specific sport, where the odds are higher or lower than the prices posted on the main betting board. Teaser card bets require selecting two or more sides. Tip: Betting advice offered by tipsters and handicappers that suggest the most likely outcome of an event.
Tips should never be bet on blindly but can be helpful when used with a proper pregame research plan. Tipster: A person or group that offers betting advice. Some tipsters offer free sports wagering advice while others charge a fee for their tips. Held annually in late July at a golf course in the United Kingdom. Also commonly known as The Open or the British Open.
Three-way odds : Wagering options that have three sides and include ties as a betting option. Two-way odds: Wagering options that have two sides and do not include ties as a betting option. Under: Opposite of Over on game total betting. If the total on a Lakers vs. Clippers match is set at , players who place under bets need the combined final score to be points or less.
Underdog: Perceived to be the inferior side, underdogs are posted with a positive number. Open Golf : Third of four major Grand Slam golf tournaments that is played in the late June at various golf courses in the United States. Vigorish: Another term for juice. Wise Guy: Handicappers, sharps and professional bettors with vast knowledge of the sports they bet on. Benintendi, a first-round pick in , played for the Red Sox for five seasons and was a key piece of Boston's World Series championship.
Trae Young was not given a foul call on the final play of the game as the Mavericks beat the Hawks, Britt Reid, son of Chiefs head coach Andy Reid, was placed on administrative leave following a car accident that left a child critically injured.
A bloody hunt. A ghastly attack. And a state divided on what to do about the black bears that humans encounter hundreds of times per year. Home Gambling. A Accumulator: A parlay bet in North America, accumulator wagers consist of two or more selections and each side must win or push to create a winning ticket. Book: Short for a bookmaker or sportsbook that posts odds and accepts bets. Bookie: Short for a bookmaker.
Chalk bettor: A player that bets on favorites with the majority of their wagers Circled game: Matches that have set betting maximums, which are capped at low amounts. E Each-way: Common in horse racing, each-way betting takes a single amount and splits it on a horse to finish first or second. F Favorite: Any side priced with a negative number. H Half ball handicap: Soccer betting odds where 0.
I If bet: A member of the parlay family, an If Bet consists of two or more wagers. J Joint favorite: Two or more sides posted with the same betting odds on the same event. N Nap: Similar to a lock, a nap is a handicappers suggested best bet on a daily betting card.
O Odds: Betting lines set by a bookmaker on a variety of events. P Parlay : A single bet, also known as an accumulator or multiple, that consists of two or more sides. Public money: Amount wagered by the general public on any betting option. Q Quarter Bet : Any wager placed prior to or during any quarter of a sporting event. R Recreational Bettor: A player that bets infrequently or on major sporting events only. S Second half bet: Any wager that focuses on the outcome of the second half of any competition.
T Taking points: A bet placed on an underdog side. Ticket: A receipt issued by a bookmaker to confirm a wager has been accepted. U Under: Opposite of Over on game total betting. W Wager: Placing a bet on any event offered at a sportsbook, casino or racebook.
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