Sports betting lingo

Sports Betting Glossary · Odds · Moneyline · Sports betting lingo · Point Spread · Push · Cover · Tail / Fade · Bad Beat. Betting both sides of a game at different price with the hope of winning both wagers. Example: If a bettor played Chicago (-4) and Los Angeles (+6) and Chicago. This term refers to when a bettor backs the underdog in the point spread. Here, a bettor puts money on the prediction that the underdog will not lose by more. Handle - A sports wagering term that means the total amount of bets taken. Hedging - A sports betting term that means placing wagers on the opposite side in.

Sports betting terms defined

What is the slang term for $100 in betting? Buck

What is slang for $1000? grand. The word grand is used in US and UK slang to mean a thousand dollars or a thousand pounds. There are several theories where this term came from, including the possibility that it refers to $1,000 being a grand (“large”) sum of money.

What is the slang for luck in gambling?

• blessing.
• bonanza.
• break.
• fluke.
• good break.
• jackpot.
• luck of the Irish.
• lucky strike.

What is a bookie slang? The term “bookie“ is slang for “bookmaker. “ A bookie places bets for customers, usually on sporting events.

What does 12 mean in betting? Double Chance Betting in football typically involves options like Team A wins or draws (1X), Team B wins or draws (X2), or either Team A or Team B wins (12).

What is the most common bet? MONEYLINE BETS

What are betting lines examples? For example, if a football game has a betting line of +7, it means that the team considered to be the underdog is expected to lose by seven points. If you bet on that team and they win or lose by fewer than seven points, you would win your bet. This is why it's important to know how to read a betting line.

What is gambling slang? Dime: Slang for a $1,000 wager. Dollar: Slang for a $100 wager. Edge: An advantage a gambler may feel they have through extensive research of a game or a team. An edge is where there might be value in a sports bet. Even Money: Odds that return the same amount as the original bet, often referred to as “50-50” odds.

What are the signals for betting? There are three types of Signals – Contrarian Plays, Steam Moves and Reverse Line Movement alerts. The Contrarian Plays represent the most lop-sided bet games of the day and are the backbone of our betting against the public philosophy.

What do gamblers say? From terms like “raising the stakes,” having an “ace in the hole,” or “betting the farm,” we all seem to have absorbed and used idioms stemming from the long history that man has had with gambling.

Buck or dollar -- Common slang term for betting $100. Buying the half -- Paying the bet-taker extra to lower the point spread or the total by a half-point. Chalk -- Slang for the favored teams in regard to the spread.

What is $100 in money slang? C-note

Why do gamblers rarely win? The odds for each game are stacked in favor of the casino. This means that, the more you play, the more the math works against you, and the better the chances are of you walking out of the casino with less money in your wallet than when you came in.

The important thing to understand at this point is that moneylines are the format you'll most commonly find at sportsbooks that serve a North American clientele. What is referred to as a 'moneyline' bet is often called a 'win' bet when expressed in decimal or fractional format.

What is the slang for money in betting? Dime: Jargon for a $1,000 bet. If you bet "three dimes," that means a $3,000 wager. 'Dog: Short for underdog. Dollar: Jargon for a $100 bet.

What is the favorite in betting terms? Favorite -- The expected straight-up winner in a game or event. Depending on the sport, the favorite will lay either odds or points. For example, in a football game, if a team is a 2.5-point favorite, it will have to win by three points or more to be an ATS winner.

For example, both Canadians and Americans refer to a $100 note as a C-note, but an American might refer to it as a Benjamin, after its portrait of Benjamin Franklin, while a Canadian might refer to it as a Borden, after its portrait of Robert Borden.

Sports Betting Terms, Glossary

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. Sports betting lingo 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.

Spread betting: Taking or laying points when betting on a competition. 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. Marterer vs cazaux 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.

Against the Spread ATS — Refers to taking or laying points aka the spread as opposed to taking a game straight up. Arbitrage — The simultaneous purchase and sale of the same game in different markets to profit from unequal prices. Buying Points — Paying an additional fee in order to get a game at a more attractive price.

Often times bettors will buy points in football around key numbers such as 3 and 7. Chalk — The favored team. Contrarian Betting — Also known as betting against the public, contrarian betting finds value by betting on games with lopsided betting percentages.

Cover — In sports such as football and basketball, a bettor wins their bet if they cover the point spread. For example, if you bet a 7-point favorite and they win by nine, you have covered the spread. Dog — Short for underdog, this is the team which bookmakers assume will lose the game. Draw — Also known as a push. If a game falls exactly on the spread, there is no winner and bettors will receive their money back.

Edge — A bettor's advantage against the house. This will typically refer to an instance where you have a positive expected value. Field — In proposition prop bets, bettors are often allowed to bet the field. This refers to an accumulation of all the teams or players that are not specifically listed. Future — This refers to bets that come down in advance of an event.

For example, one can bet a Super Bowl future prior to the beginning of the season by selecting which team s they believe will win the championship. A bettor receives payment at the end of the season if their selection did claim the title. Sports betting lingo Hedging — Placing bets on the opposite side after you have already placed a wager on one side.

This can be used to either cut your losses, or guarantee a profit. Hook — In spread based sports, the hook is an extra half-point that bettors can get. Oftentimes in football, bettors will buy the hook around key numbers like 3 to get a line of 3. Juice — This is the tax that sportsbooks create for placing a wager. Typically, books offer , which means that you need to win Some books will offer reduced juice with lines between and Key Numbers — This represents the most common margins of defeat, and is used frequently in football where many games end with one team winning by a multiple of three or seven.

Middle — This occurs when you bet on both sides of a game and have an opportunity to win both bets. The point spread is zero, and the winner of the game is also the spread winner. For example, a team prop could be offered for which team will score first. A player prop could be offered for how many yards a player will gain.

Sometimes called a "game within a game. Puck line -- A type of market specific to hockey games. It is the equivalent of a spread and is usually set at 1. For example, a 3-point favorite wins by exactly three points. Run line -- A type of market specific to baseball games. Same-game parlay -- A specific type of parlay in which bettors can string together multiple types of bets from the same game.

For example, a person could bet on the spread, total and player props. It can be a result of a group of bettors all getting their bets in at the same time. It can also occur when a respected handicapper recommends a bet to their followers, or when people react to news such as a key injury or a change in weather. Teaser -- A bet that adjusts the point spread in the bettor's favor in exchange for having to pick multiple winners to win the wager.

The odds are less favorable than on a parlay. For example, in a football game, if the total is 41 points, bettors can bet "over" or "under" on that perceived total. You can either bet that the team will lose by less than the predicted amount ATS , or get better than even-money odds that it will win the game outright.

Some bettors scale up to multiple units when highly confident about a wager or scale down to a fraction of a unit when especially cautious. Win total -- A futures line on a team finishing the season with more or fewer than a certain number of victories. Skip to main content Skip to navigation.

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