Term | Definition |
---|---|
ATS | Against the spread |
10 Cent Line | The money line difference (10 cents) between what a bettor would lay with the favorite or take back with the underdog |
20 Cent Line | The money line difference (20 cents) between what a bettor would lay with the favorite or take back with the underdog |
Beard | Messenger Bettor |
Buck | $100 |
Chalk | Favourite |
Circled Game | Game where action is limited due to uncertainties about weather, injuries, etc. |
Cover | Win by more than the pointspread |
Dime | $1000 |
Dime Line | Slang used to designate the 10 cent money line. |
Dog | Underdog |
Dollar | $100 |
Edge | Advantage |
Even Money | A wager on which neither side lays any odds |
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 |
Firing | Sports Betting a lot of money. A player who is ” firing” is wagering large sums. |
Futures | Wagers made, or lines/odds posted on an event or outcome taking place in the future. Ex: betting on who will be next year’s World Series champs. |
Grand Salami | A slang word for the over/under total for the combined score of all 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 |
Hedge | Bet the opposite of your original wager in order to reduce the amount of exposure you have on a game |
Hook | Half point in pointspreads |
Juice | Bookmaker’s commission, most often refers to the 11 to 10 football bettors lay on straight wagers. Also known as vigorish. |
Laying Points | Sports betting on a favorite pointspread contest |
Middle | To win both sides of a game. For example, 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. |
Moneyline | The amount you must bet to win 100 or the amount you win if you bet 100 |
Nickle | $500 |
Off the Board | Game where no bets are being accepted |
Over/Under | A bet on whether the combined total of the points/goals scored by the two teams will exceed or be less than a specified number |
Overlay | When the odds on a proposition are in favor of the bettor rather than the house |
Parlay | A bet with two or more teams where all the teams must win for the bettor to be successful |
Pick, or Pickem | A game where neither team is favored |
Pointspread | The handicap, or head start, which the favorite gives to the underdog for betting purposes |
Press | To bet a larger amount then usual |
Round Robin | A series of parlays. A three-team round robin consists of one three-team parlay and three two-team parlays |
SU | Straight-up win, winner of a contest regardless of spread |
Score | To win a lot of money |
Scratch | Withdraw / Cancel |
Sharp | Wise-guy, seasoned, successful bettor |
Side Bet / Side Wager | Sports Betting on a particular team, or side, to win a contest |
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 does not reflect the true line as posted. |
Spread | An abbreviated form of pointspread |
Steam | When a betting line starts to move quite rapidly because many bettors are playing on one side of the game |
Straight Bet | A single wager on a selected sir or over/under |
Take the points | A wager on the underdog in a pointspread contest |
Teaser | A bet on 2 or more teams where the line on each team is adjusted in the favor of the bettor. Like a Parlay, all selections must be correct for the teaser to win |
Total | The line on a given contest, representing the combined number of points/goals scored by the two teams |
Underlay | When the odds on a proposition are in favor of the house |
Value | An overlay |
Vigorish | Bookmaker’s commission, most often refers to the 11 to 10 football bettors lay on straight wagers. Also known as juice. |
Wise Guy | Established and successful sports bettor |
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