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 kind 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 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 Quantity 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 got the best chance to win the contest Final Four — Final four teams in the NCAA basketball tournament 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 major 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 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 bet in order to Decrease the amount of exposure you have 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 have 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 called 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 changed 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 match. As an 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 top 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 competition that is tied at 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 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 Normal Price — The moneyline odds on the favorite of a given match
«Pucks» — A slang word used to indicate the game of baseball Puppy — Underdog
Push — A tie between the bettor and the bookmaker That’s the result of the score of an event falling exactly on the pointspread number, or the total points number
Rain Out — A contest that has been canceled because of bad weather
Round Robin — A series of parlays. A three-team round robin consists of a single three-team three and three two-team parlays
Rundown — Line update
Runner — Messenger bettor; visit beard Ryder Cup — A golf tournament between American and European players that 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 Identical game at different prices
Score — To win a Good Deal of money Scratch — Withdraw; cancel
Sharp — Wise guy
Side — To win 1 side and tie another. By way of example, if 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.
Side Bet/Side Wager — A wager on a Specific team, or side, to win a competition Soft Line — A wagering line that is not current with the true posted line. A line that’s been adjusted or moved as a consequence of activity 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 quickly. Most»steam games» don’t necessarily reflect the»right side», but are games that the mass of bettors somehow Opt to key on

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